Prajna Capital |
- ICICI Prudential Global Stable Equity Fund - A Fund of Fund
- Mutual Fund FMPs and Liquid Mutual Funds best when Interest Rates Rise
- How can an insurance policy help to protect your future investments?
| ICICI Prudential Global Stable Equity Fund - A Fund of Fund Posted: 18 Oct 2013 01:38 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
ICICI Prudential Global Stable Equity Fund
This fund focuses on owning long-term global winners which are able to deliver superior risk-adjusted returns
ICICI Prudential mutual fund has launched an international fund - ICICI Prudential Global Stable Equity Fund. It is a fund of fund (FoF) that will invest in Nordea 1- Global Stable Equity Fund- Unhedged.
Objective
Nordea 1- Global Stable Equity Fund- Unhedged aims to invest in stable companies globally to outperform the market over full market cycle with roughly two-thirds the volatility of MSCI World Index.
Investment strategy
Talking about its investment strategy, Nordea 1- Global Stable Equity fund follows a computer driven, purely quantitative approach in selecting stocks with stable returns.
The fund focuses on owning long-term global winners which are able to deliver superior risk-adjusted returns.
The fund diversifies its risk by spreading its investment over 100-150 stocks. It has put lower and upper-cap on its exposure to a single stock. The fund doesn't hold more than three per cent of its assets in a single stock and also puts a cap of 1.5 per cent on the lower side of investment in a single stock.
The fund is managed by Claus Vorm who is a PhD. Mathematics and Economics and Robert Naess who is MBA, B.Sc. Computer Science.
Cushions the fall
Although with a value based approach the fund may look boring during the market upturns, but it has compensated investors with a better downside protection.
The fund has been benchmarked against MSCI World- Net Return Index. The fund underperformed its benchmark in 2010 as it delivered a return of 14.83 per cent compared to 19.53 per cent delivered by its benchmark. But in 2010, when its benchmark lost 2.38 per cent the fund actually delivered a gain of 10.66 per cent.
Cost and exit load
The fund can charge a maximum expense of 2.50 per cent, including the expense of underlying fund. Apart from it, 20 basis points can be charged in lieu of exit load and 30 basis points for gross inflows from specified cities.
The AMC may also charge service tax on investment and advisory fees.
If the investments are withdrawn before three months an exit load of 3 per cent will be applicable. For investments withdrawn after three months but before 18 months 1 per cent of the NAV will be applicable and after that there won't be any exit load on redemption.
Should you invest?
The fund provides an international exposure to those looking to diversify the portfolio internationally but its value based approach may not appeal to those who want to ride on momentum as it would require long-term investment. Also, the currency movement will play a vital role in determining the returns of the fund.
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
|
| Mutual Fund FMPs and Liquid Mutual Funds best when Interest Rates Rise Posted: 18 Oct 2013 12:44 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Mutual Fund FMPs and Liquid Mutual Funds best when Interest Rates Rise
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
|
| How can an insurance policy help to protect your future investments? Posted: 17 Oct 2013 10:36 PM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
HAVE you thought about how your family will continue with their current lifestyle if you were not there tomorrow? Will your spouse be able to pay the children's school fees? Will your parents be able to get the medical attention they require? If not, it's not late even now.
The primary reason for investing in an insurance plan should be to ensure that the family income is protected even if something unfortunate were to happen to the breadwinner. With the evolution of the financial services category, the insurance plans also serve an important objective of creating a corpus for planned expenses like retirement, prepayment of loans or child's education or marriage.
Interestingly, as per Nielsen Life 2013 research, while 51 per cent have quoted protection as the key reason for investing in life insurance, close to 46 per cent are investing for their child's future and 43 per cent for retirement.
Now let's look at various options available for you to build a robust financial portfolio. To begin with, you should look at a term plan to ensure that your family receives a lump sum incase something unfortunate were to happen impacting the regular income flow. There are income protection plans also available to ensure regular income for your family. After reviewing your financial portfolio and life-stage, you should consider investing towards retirement to protect your golden years.
If you have children, it is advisable to consider investing in an insurance plan at an early stage to build a corpus. While there are many instruments available for savings in the market, insurance is the only product that ensures that the savings you planned for is available for your child/ family whether you are around or not.
This is possible due to the 'life cover' attached to your policy which ensures a lump sum incase of death of the primary wage earner. Some select child plans also come with the 'waiver of premium' feature which ensures that all premiums are paid by the insurance company incase something happens to the parent and the child gets the corpus planned on maturity.
The key to ensuring that your family is financially secure is to start early and to understand your financial goals before choosing products.
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
|
| You are subscribed to email updates from Prajna Capital - An Investment Guide To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment