IPO result of Green Delta Mutual Fund

September 19th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by Jewish Historical Society of the Upper Midwest

IPO result of Green Delta Mutual Fund

To See Result Click here
or
Visit : www.ipodse.blogspot.com

 

SIZE OF THE FUND: Tk. 150,00,00,000 divided into 15,00,00,000 units at par value of Tk. 10 each

SPONSOR’S CONTRIBUTION: 1,50,00,000 units of Tk. 10 each at par for Tk. 15,00,00,000

PRE-IPO PLACEMENT: 6,00,00,000 units of Tk. 10 each at par for Tk. 60,00,00,000

PUBLIC OFFER: 7,50,00,000 units of Tk. 10 each at par for Tk. 75,00,00,000

RESERVED FOR MUTUAL FUNDS: 75,00,000 units of Tk. 10 each at par for Tk. 7,50,00,000

NON-RESIDENT BANGLADESHIS: 75,00,000 units of Tk. 10 each at par for Tk. 7,50,00,000

RESIDENT BANGLADESHIS: 6,00,00,000 units of Tk. 10 each at par for Tk. 60,00,00,000

 

ASSET MANAGER: LR GLOBAL BANGLADESH ASSET MANAGEMENT COMPANY LTD.

SPONSOR: GREEN DELTA INSURANCE COMPANY LIMITED

TRUSTEE: BANGLADESH GENERAL INSURANCE COMPANY LIMITED

CUSTODIAN: STANDARD CHARTERED BANK

RISK FACTORS

Investing in the Green Delta Mutual Fund (hereinafter the Fund) bears certain risks that investors shouldcarefully consider before investing in the Fund. Investment in the capital market and in the Fund bears certainrisks that are normally associated with making investments in securities including loss of principal amountinvested. There can be no assurance that the Fund will achieve its investment objectives. The Fund value canbe volatile and no assurance can be given that investors will receive the amount originally invested. Wheninvesting in the Fund, investors should carefully consider the risk factors outlined below, which are notnecessarily exhaustive or mutually exclusive:

1. General: There is no assurance that the Fund will be able to meet its investment objective and investors couldpotentially incur losses, including loss of principal when investing in the Fund. Investment in the Fund is notguaranteed by any government agency, the Sponsor or the AMC. Mutual funds and securities investments aresubject to market risks and there can be no assurance or guarantee that the Fund’s objectives will beachieved. As with any investment in securities, the Net Asset Value of the Fund may go up or down dependingon the various factors and forces affecting the capital markets. Past performance of the Sponsors and theiraffiliates and the AMC do not indicate the future performance of the Fund. Investors should study this OfferDocument carefully in its entirety before investing.

2. External Risk Factor: Performance of the Fund is substantially dependent on the macroeconomic situationand in the capital market of Bangladesh. Political and social instability may have an adverse effect on thevalue of the Fund’s assets. Adverse natural climatic condition may impact the performance of the Fund.

3. Market Risk: The Bangladesh capital market is highly volatile and mutual fund prices and prices ofsecurities can fluctuate significantly. The Fund may lose its value or incur a sizable loss on its investmentsdue to such market volatility. Stock market trends indicate that prices of majority of all the listed securitiesmove in unpredictable direction which may affect the value of the Fund. Furthermore, there is noguarantee that the market prices of the units of the Fund will fully reflect their underlying Net AssetValues.

4. Concentration Risk: Due to a limited number of listed securities in both the DSE and CSE, it may bedifficult to invest the Fund’s assets in a widely diversified portfolio as and when required to do so. Due to avery thin secondary fixed income/debt market in Bangladesh, it would be difficult for the Fund Manager toswap between asset classes, if and when required. Limited options in the money market instruments willnarrow the opportunity of short term or temporary investments of the Fund which may adversely impactthe returns.

5. Dividend Risk: Despite careful investment selection of companies in the Fund, if the companies fail toprovide the expected dividend or fail to disburse the dividends declared in a timely manner, this willimpact the income of the Fund and the overall return of the Fund.

6. Underlying Liquidity Risk: For investing in Pre-Public Offer Placement securities i.e. in unlisted equitysecurities by the Fund, may involve liquidity risk. In addition, market conditions and investment allocationmay have an impact on the ability to sell securities during periods of market volatility. Debt securities,while somewhat less liquid, lack a well-developed secondary market, which may restrict the selling abilityof the Fund and may lead to the Fund incurring losses till the security is finally sold. While securities thatare listed on the stock exchange carry lower liquidity risk, the ability to sell these investments is limited bythe overall trading volume on the stock exchanges and may lead to the Fund incurring losses till thesecurity is finally sold.

7. Investment Strategy Risk: Since the Fund will be an actively managed investment portfolio, the Fund issubject to management strategy risk. Although the AMC will apply its investment process and riskminimization techniques when making investment decisions for the Fund, there can be no guarantee thatsuch process and techniques will produce the desired outcome.

 

PTC 4 Bangladeshi

www.ptc4bangladeshi.blogspot.com

 

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Why ETF Trading Is Better Than Mutual Funds

September 19th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by Stav Prodromou

Why ETF Trading Is Better Than Mutual Funds

Taking it individually ETFs and Mutual Funds have their advantages, with each having their disadvantages as well. Exchange-Traded Fund or ETF for short is an umbrella of stocks or bonds that trade on the stock market at a set price, just like any common stock. Since 1993, ETFs have been traded in the US and since 1999 in Europe. They have grown considerably from the recorded 32 in the US Markets in 1999. There are now about a 1000 available to date. They are traditionally index funds and in 2008 were authorized by the US Securities and Exchange Commission as actively-managed ETFs.

Even though they are funds that are traded on an exchange, Closed-end funds are not considered to be ETFs.

Mutual funds on the other hand have been in existence for quite a long while in comparison to ETFs. Serving the average investor for decades, mutual funds are known to have been established around 1924. Similar to the ETF a mutual fund is made up of a basket of investments designed to reflect performance of its holdings. The way these are bought and sold is where there is a major difference between ETFs and mutual funds.

ETFs characteristics in trading is similar to stocks with share prices fluctuating throughout the day the markets stay open allowing an investor to trade multiple times a day. Whereas mutual funds and index funds can trade only once a day.

The fee structure is the other marked difference. ETFs are transparent and have a very straightforward expense ratio, while Mutual funds may a number ways to charge an investor.

ETFs have a few advantages over mutual funds. Some of them are low ownership costs, tax advantages, liquidity, and no minimum investment requirement and many options.

The disadvantages are also present with trading costs varying widely, slippage, brokerage, and dividend drag.

The ETF Trend Trading System is a real (and working) system you can set up in only 5-10 minutes per day and start making money with ETF Trading.

DONALD BARLETT: This is really important, Juan. And maybe a little historical perspective: if you go back through the 1990s, there was a mutual fund, so to speak, in the Bahamas called Evergreen Security, which was selling its certificates around the world, especially in the US. A Chicago schoolteacher emptied out her retirement fund and invested the entire amount. Well, Evergreen Security had been run for the most part by Patrick Thomson, a resident of the Bahamas, for a long time. And it was nothing more than a Ponzi scheme, and in the end more than 0 million disappeared. Well, it was to Mr. Thomson that this very mysterious Thomas Howell in La Jolla, California, turned to create a company for him called NorthStar. And a few years later, lo and behold, NorthStar is retained by the Pentagon to make sure the money in Iraq, the billion, and billions more, does not go missing, which, of course, it did go missing. JAMES STEELE: When we looked into the background of NorthStar, come to find out this is not your normal accounting or auditing operation. It operates out of a private house in a suburb of San Diego. All attempts to interview the individual, Thomas Howell, who apparently heads NorthStar, failed. He would talk to us a couple times, but said that his hands were tied. The Pentagon would have to give him approval to talk, and they did not. We looked into other aspects of the operation out of this house. Turns out some of it’s home improvement. One is supposedly …
Video Rating: 5 / 5

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Save for retirement, split 50/50 in an aggressive mutual fund and a self- directed portion of a 401k?

September 19th, 2010 by Bank Loan | No Comments | Filed in News

Question by indielect: Save for retirement, split 50/50 in an aggressive mutual fund and a self- directed portion of a 401k?
This is a theoretical question asked in my class, so there’s no amount or anything. But, if someone told you they were saving for retirement, and wanted to split it even 50/50 in an aggressive mutual fund and a self- directed portion of their 401k so they could buy and sell on their own, what do you think of this?

Would you tell them something different?

All thoughts welcome. Thanks!

Best answer:

Answer by Uncle D
Yes I would tell them to develop an asset allocation.

Give your answer to this question below!

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If I took a Distribution in Cash from a Mutual Fund, do I have to subtract that amount from my Cost Basis.?

September 19th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by Center for American Progress

Question by John: If I took a Distribution in Cash from a Mutual Fund, do I have to subtract that amount from my Cost Basis.?
Either a Capital Gain or a Dividend distribution paid by my Mutual Fund . thanks for any help — John

Best answer:

Answer by Judy
No, if you got a capital gains or dividend distribution and took it out, your cost basis hasn’t changed. If you left it in, you’d ADD it to your cost basis. In either case, it’s taxable income to you that year.

Add your own answer in the comments!

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Commodity Mutual Funds

September 19th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by greggoconnell

Commodity Mutual Funds

The investment world is full of different securities which an investor may choose from. The securities fall under different pools, among them are the mutual funds. These are pools of investment that attract many investors for mutual returns that are then divided among the investors. An investor need to be aware of how the funds operate so that he can know when to expect his returns, or the rights he has on his investment.

Commodity mutual funds refer to a type of security that invests in commodity goods that are fast moving and which have the potential to attract good returns. In America today, there two firms that major in commodity funds. These are Oppenheimer Real Estate Fund and the Pimco Commodity real return fund. They were started a number of years ago and they have continued to thrive in the market today.

Commodity mutual funds are further categorized into two; the hedge funds and the commodity pools that are not open to a majority of investors. One advantage that an investor can draw from these securities is that, they tend to beat inflation. This is because the prices of commodities tend to increase with inflation. As such, they are able to fetch more from the general market. They are considered to perform more than stocks and bonds.

The investment firms target goods which are always on demand, regardless of the prevailing market conditions. Things like wheat, sugar, oil, coffee, cocoa, energy, livestock and grains will always be needed as they are basic needs in the lives of many people. Pricing of commodity mutual funds is normally done through indexing, where factors such as sales per year are put into consideration.

Peter Gitundu Creates Interesting And Thought Provoking Content on Mutual Funds. For More Information, Read More Of His Articles Here COMMODITY MUTUAL FUNDS If You Enjoyed This Article, Make Sure You Read My Most Recent Posts Here MUTUAL FUNDS

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Advantages Of Diversification In A Mutual Funds Investment

September 18th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by Ron Sombilon Gallery

Advantages Of Diversification In A Mutual Funds Investment

One of the advantages of mutual funds is the fact that they allow for the diversification of your investment portfolio. Many investors pool resources in a mutual fund investment for the sole purpose of making profits. However, in order to avoid losses, the investors put their money into sectors that are not related, such that, when one investment goes down, its effect on the overall performance of the portfolio is balanced by the one that will make profit, or the one one that will stay stable.

As an investor, in order for to diversify your investment, you need to invest your money in a wide range of investment options ranging from stocks, bonds, money market securities to real estate and business opportunities. This is made possible through investment in mutual funds, where managers of the fund monitor and measure the performance of the pool against the odds that face the investment. These managers, do these by allocating part of the resources available to stocks, part to bonds and part to real estate among other investments.

The choice of the mutual funds stocks or bonds to invest in is dependent on the market capitalization of the company that is issuing the option, and how that particular company is able to weather out the effects of any down turn in the market. Stocks, bonds or securities in a certain industry tend to move together because of their dependence, for example, when the oil prices go up, the energy stocks value will go down since their operation costs shoot up.

The ultimate importance of a mutual fund investment is to spread the risk associated with investing in only one bond, stock or option. Some investors make the mistake of investing their money on the companies that are controlling the markets today, only to wake up tomorrow to find them down. A recent good example is how Enron and Worldcom sunk millions of investors heard earned dollars.

Peter Gitundu Creates Interesting And Thought Provoking Content on Mutual Funds. For More Information, Read More Of His Articles Here DIVERSIFICATION IN MUTUAL FUNDS If You Enjoyed This Article, Make Sure You Read My Most Recent Posts Here MUTUAL FUNDS

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Some Of The Factors That Determine The Performance Of Mutual Funds

September 18th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by Ron Sombilon Gallery

Some Of The Factors That Determine The Performance Of Mutual Funds

A mutual funds investment is about pooling money from many investors in order to invest in stocks, bonds, real estate or money market securities. This has the benefit of diversifying the investors portfolio, thereby reducing the risks involved and increasing the chances for more revenue. However, most investment managers fail to reap the benefits of diversification by over investing in one sector and ignoring other sectors of the economy that are seen not to be doing very well.

Through experience, i have found that, the best performing stocks or bonds today could easily become the worst performers tomorrow. A recent case in point is that of Enron or Worldcom, where investors lost millions of their hard earned dollars in their stocks. An investor should always make sure that his portfolio is diversified enough and that the mutual fund manager does not concentrate on a particular industry. Investing your money in mutual funds, does not mean that you are sufficiently diversified.

Investing in a particular sector requires that you do a lot of research on the fees associated with your investment. Fees and charges that are associated with mutual funds include Purchase fee, shareholder fees, annual fund operating fees, redemption fees among others. These fees are charged on the investors account irrespective of whether the fund made money or not. The professional management that you get when you invest your money in a mutual fund does not come for free, it has to be paid for.

When you, as an investor, decide to invest money in a fund, its important to understand the advantages and the disadvantages involved in that particular investment. Strife to identify the one that, the merits outweighs the demerits. The chances that you will succeed will depend on the amount of research that you do and the choices that you make.

Peter Gitundu Creates Interesting And Thought Provoking Content on Mutual Funds. For More Information, Read More Of His Articles Here PERFORMANCE OF MUTUAL FUNDS If You Enjoyed This Article, Make Sure You Read My Most Recent Posts Here MUTUAL FUNDS

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Lastest Mutual Fund News

September 18th, 2010 by Bank Loan | No Comments | Filed in News

Why some gloomy investors are bullish on stocks
If you believe a few respected money managers, there’s opportunity aplenty in stocks now. If you find that surprising, wait until you hear where they think the bargains lurk: big blue chips that almost always fetch premium prices.
Read more on KBOI-TV Boise

Why some gloomy investors are bullish on stocks
NEW YORK – Can you make good returns in a lousy market? If you believe a few respected money managers, there’s opportunity aplenty in stocks now. If you find that surprising, wait until you hear where they think the bargains lurk: big blue chips that almost always fetch premium prices.
Read more on Muzi

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Q&A: How do I get a mutual fund or utility stock?

September 18th, 2010 by Bank Loan | 1 Comment | Filed in News
mutual fund
by wallyg

Question by Hi: How do I get a mutual fund or utility stock?
I am looking for another way to make income besides working at a job and I am wondering how I could do that. I have no idea how to start these things. Also, I recently looked at this website called ScottTrade.com, which had stocks you could buy and hope they would increase, but I am looking for a way to earn honest income without the risk of losing money so I decided to invest my time in mutual funds and other things.

Thanks for your help.

Sincerely,
Brian

Best answer:

Answer by john carlo
http://www.winninginvesting.com/picking_dividend_stocks.htm

for dividend paying stocks

or

http://www.vanguard.com for low cost mutual funds

Good Luck

Know better? Leave your own answer in the comments!

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How can I find the “after-expense” return of a mutual fund?

September 18th, 2010 by Bank Loan | No Comments | Filed in News
mutual fund
by 666isMONEY ? ? & ?

Question by ykchen913: How can I find the “after-expense” return of a mutual fund?
For example: http://finance.yahoo.com/q/pm?s=EUROX shows that this mutual fund has 40.78% of return. Is this after the mutual fund mangers take the expenses (it says that the total expense ratio is 1.97%)? Also, how much of the return is based on the price increase? How much of the return is based on the dividend? Also, what will be the “after-tax” return if we assume a certain tax rate?

Furthermore, is there a mutual fund screener that can find the mutual fund based on the return after expenses & taxes? Today’s mutual is based on the average return published by the mutual fund, right? I don’t even know whether these are pre-expense or pre-taxed. Pointers are greatly appreciated.
I haven’t gotten a clear answer on whether the mutual fund’s return is this after the mutual fund mangers take the expenses (it says that the total expense ratio is 1.97%) or not.

Best answer:

Answer by trade_info
best source is the fund sponsor for any funds you are interested in. if they don’t show it on the website, email investor relations for the info. if they can’t or won’t provide it, don’t buy that fund.

download a pdf of the prospectus from the sites.

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