Mutual Fund

In: Business and Management

Submitted By ahabicht1
Words 531
Pages 3
Abbey Habicht
Advanced Investments
12/19/14

Vanguard LifeStrategy Moderate Growth Fund

I took a few risk tolerance questionnaires and they all concluded that I have a moderate/average tolerance for risk. One of the questionnaire suggested that people with my risk tolerance should invest in convertible bonds, high-yield junk bonds, large-cap stocks and funds, S&P 500 and Wilshire 5000 stock index funds, and variable annuities invested in large-cap stock sub-accounts ("Investment Risk Tolerance Quiz."). Vanguard’s risk tolerance questionnaire suggested that I should look at funds with a 30/70 bond/stock allocation and after looking at some of the funds they offer I found the Vanguard LifeStrategy Moderate Growth Fund ("Investor Questionnaire”) . I picked this fund because it has non-US stock, making it a world portfolio, and it comes close to my suggested allocation. The fund is composed of 2.38% cash assets, 42.15% US stock, 17.06 Non US stock (59.21% total stock), 37.63% bonds, and .77% other.
In order to see how my fund is doing compared to a benchmark (I chose the Category: Moderate Allocation as my benchmark) we divide the standard deviation of the category by the standard deviation of the managed portfolio and use this percentage to eventually come up with the M2 of .11% which means that the fund is doing better than the Moderate Allocation category overall. We can also look at the risk of VSMGX on Morningstar and it shows that the risk of the fund has been classified as “below average” for the past five years. From this we can see that, in the past years, this fund has had lower risk and somewhat higher returns than other funds in its category ("Vanguard LifeStrategy Moderate Gr Inv.").
The acquired fund fees and expenses are .16% as of February 27, 2014 which is “83% lower than the average expense ratio of funds with similar holdings” ("Vanguard…...

Similar Documents

Mutual Fund

...A REPORT ON “CONSUMER BEHAVIOUR REGARDING MUTUAL FUND, TYPES OF MUTUAL FUND AND INVESTMENT PROCESS” BY MANOJ KUMAR (Enroll No. : 08BS0001652) SUNDARAM FINANCE LTD. Contract/Project/Job Number________________ A Report On “Consumer Behaviour Regarding Mutual Fund, Types Of Mutual Fund And Investment Process” By Manoj Kumar (Enroll No.:08BS0001652) Sundaram Finance Ltd. Date of Submission : May 2009 AUTHORISATION This is to certify that the internship project report titled “Consumer Behavior Regarding Mutual Fund, Types of Mutual Fund and Investment Process” is a bonafide work of Manoj Kumar in original. This report has been prepared under constant supervision in partial fulfillment of the requirement of IBS for the award of MBA Degree for the period of three months (Feb 2009 to May 2009). This project report neither full nor parts has ever before been submitted for awarding of any degree by this B-School or any other B-School. Prof. Puja Aggarwal Mr. Satyapal Faculty IBS Noida Territory Manager- General Insurance Sundaram Finance Ltd. 605-606, Sixth Floor, Ashoka Estate, 24 Barakhamba Road, New Delhi Date : Date : CERTIFICATE OF COMPLETION OF INTERNSHIP PROGRAM This is to certify that Mr. Manoj Kumar has successfully completed the Summer Internship Programme in Sundaram Finance Ltd. for the duration of 3 months (February 09 to May 09) under the supervision of...

Words: 9973 - Pages: 40

Mutual Fund Analysis

...Table of Contents Chapter 1 Introduction & Conceptual Framework of The Study 2-4 1. Background of the Report 2 2. Objectives of the Report 2 3. Coverage of the Report 3 4. Source and Methodology of Data Collection 3 5. Limitations of the Report 4 Chapter 2 Investment Corporation of Bangladesh (ICB) 6-11 1. Background of ICB 6 2. Objectives of ICB 6 3. Business Policies of ICB 6 4. Functions of ICB 7 5. Capital Structure of ICB 7 6. Shareholding Position of ICB 8 7. Management of ICB 9 8. Share Price 10 9. Transfer of Shares 10 10. Milestone of ICB 10 Chapter 3 Organizational Features of ICB 13-14 3.1 Regulatory Framework of ICB 13 3.2 Institutional Framework 13 3.3 Manpower 13 3.4 Number of Branches of ICB 14 3.5 Training of Employees 14 Chapter 4 Functions of Various Departments of ICB 16-27 4.1 Administrative Division 17 4.2 Merchandising Division 18 4.3 Funds Division 19 4.4 Accounts and Finance Division 20 4.5 Computer Division 22 4.6 Loan Appraisal Division 22 4.7 Implementation & Recovery 24 4.8 Legal Affairs Division 24 4.9 Audits and Method Department 25 4.10 Secretary’s Division 25 4.11 Branch and Subsidiary Control Division 26 4.12 Activities of Subsidiary Company’s 26 Chapter 5 Introduction of ICB Mutual Funds 29-36 5.1 Introduction 29 5.2 What Is Mutual Fund 29 5.3 Types...

Words: 12274 - Pages: 50

Mutual Fund Formation

...TRUST DEED THIS DEED of TRUST is made at Dhaka on this the …… day of ………… of the Christian era. BETWEEN (Sponsor’s name).........., having its registered office at .......(Address).........., represented by its .......Chief Executive Officer/Managing Director..., hereinafter referred to singly, severally and collectively, as the AUTHOR or SPONSOR, which expression shall, unless it be repugnant to the subject or context or meaning thereof, include its representatives, successors-in-interest and assigns of the FIRST PART. AND (Trustee’s name)........., having its registered office at ...(Address)......, represented by its.....CEO/Managing Director....., hereinafter referred to as the TRUSTEE, which expression shall, unless it be repugnant to the subject context, or meaning thereof, include its representatives, successors-in-interest and assigns of the SECOND PART. AND WHEREAS the party of the first part is a leading institution in Bangladesh, engaged in various types of ............(activities)......., having required capabilities and adequate skills in its concerned field of activities and offices and network of branches all over Bangladesh and are qualified and capable to be the Sponsor of a mutual fund, AND WHEREAS the party of the second part is a leading ............... so far engaged in ..........activities and are qualified and capable to act as the Trustee of a mutual fund, NOW, THEREFORE, with the intent to create an investment product...

Words: 9927 - Pages: 40

Debt Equity vs. Mutual Fund

... |16 | | |1.6 Difference between direct equity and mutual funds |26 | | |1.7 Some mutual fund schemes with the point of attractiveness to investors |27 | | | | | |2. |RESEARCH METHODOLOGY |28 | | |2.1 Scope of the study |29 | | |2.2 Target respondents |29 | | |2.3 Research design |29 | | |2.5 Questionnaire design |29 | | |2.6 Sampling |30 | | |2.7 Procedure for data collection |31 | | | | | |3. |DATA ANALYSIS...

Words: 9262 - Pages: 38

Mutual Fund

...CHAPTER-1 INTRODUCTION OF THE STUDY Background of the study: Mutual fund industry in India attaining maturity Even though the capital market attracts people there are several problems associated with it. While investing directly in to capital market one to be careful to judge the valuation of the stock and understand the complexities involved in the stock price fluctuations. So, a person with moderate knowledge of capital market generally prefers to invest in mutual funds. In recent times mutual fund industry in India is growing rapidly and is undergoing tremendous changes. The Indian mutual fund industry has witnessed several structural and regulatory reforms. Different Investment Avenue are available to investors. Mutual fund also offers good investment opportunities to the investors. Like all investment, they also carry certain risks. The investors should compare the risks and expected yields after adjustment of tax on various instruments while taking investment decisions. The investors may seek advice from experts and consultants including agents and distributors of mutual funds schemes while investment decisions. An objective to make the investors aware of functioning of mutual funds, an attempt has been made to provide information in question-answers format which may help the investors in taking investment decisions. Meaning of mutual fund: Mutual fund is a mechanism for pooling the resources by issuing units to the...

Words: 4625 - Pages: 19

Mutual Fund Management

... [pic] [pic] Submitted by: Md. Shahidul Islam Semester: Summer 2012 ID: 136-34-22 Major: Finance & Banking. Submitted to: Dr. Mohammad Saleh Jahur Professor of Accounting & Finance Department of Finance & Banking Southern University, Bangladesh. MUTUAL FUND MANAGEMENT PRACTICES IN BANGLADESH MUTUAL FUND: Mutual fund are Non-banking or, non depositary financial intermediaries that gather funds from the saving and investing public and utilize the accumulated pool of funds by investing in stocks, bonds, currencies, futures and options contracts or a variety of other financial instruments . A key elements in any mutual fund is its ability to provide the investors with professional management of their funds along with other professional services such as record keeping, custodial services and prompt dissemination of information. Mutual Funds refers to a fund, managed by an investment company with the financial objective of generating high Rate of Returns. These asset management or investment management companies collects money from the investors and invests those money in different Stocks, Bonds and other financial securities in a diversified manner. Before investing they carry out thorough research and detailed analysis on the market conditions and market trends of stock and bond prices...

Words: 2700 - Pages: 11

Mutual Fund

...ACKONWLEDGEMENT I take this opportunity to express my heartfelt gratitude to all people who have extended their assistance and provide me information during the tenure of the project and I am greatly indebted to them for guiding and support me throughout the project and sparing some of their valuable time. I would like to express my deep gratitude to my project guide Mr. Renuka Rathore (Sr. Relationship Manager -Sales & Marketing) for their expert guidance and support throughout the project. This project report could not have been completed without the guidance of Dr. Apporva Palkar(Director) and the project guide Lect . Mrs. Pooja Aparajita. I express my sincere thanks to the above stated person for their utmost support during my project. The immense scope of this project has helped me to understand many facts of marketing in Indian industry. (Nitin Rathore) LIST OF TABLES LIST OF TABLES Table No. Title of the Table Page No. Table No. 2.1 Transactional Handling 19 LIST OF FIGURES LIST OF FIGURES Figure No. Title of the Figure Page No. Figure No. 1.1 Objective of study 05 Figure No. 2.1 Mutual fund concept 09 Figure No. 2.2 Organization structure 13 Figure No. 2.3 Types of Mutual Fund Schemes 18 Chapter 1 1.1 Executive Summary India is one of the countries which is concentrating towards its share market & investment sector. Because a countries growth is totally dependent upon its educated people. So with the changing economical...

Words: 5504 - Pages: 23

Mutual Fund

...Table of Contents |SR. NO. |TOPIC |PAGE NO. | |1 |Introduction |6 | | |concept of mutual fund | | | |investor earn from mutual fund | | | |advantages of mutual fund | | | |disadvantages of mutual fund | | | |frequentiy used term | | |2 |Types of Mutual Fund Schemes |15 | |3 |Organization of a Mutual Fund |30 | |4 |Fund Management Style & Structuring of Portfolio |33 | |5 |Individual Scheme Analysis...

Words: 24333 - Pages: 98

Mutual Fund Analysis

...For the mutual fund you will need to tell us which fund you researched - there are a number of funds within each fund family - its symbol, its current price, the fees, what is the history, what type of fund, and what you like or don't like about it. There are a number of fund families such as Vanguard, American Funds, Franklin Templeton, Invesco, Legg Mason, and others. Dig deep and be complete. American Funds Capital World Growth/Income Symbol- RWIFX Class R-5 Current price- $36.29 52 week range - $30.82-36.90 Expenses – 0.5% Management fees 0.38% Other expenses – 0.12% Type of Fund: open-ended fund. Class R shares are generally available only to retirement plans. Class R-5 are generally available only to fee-based programs or through retirement plan intermediaries. No dealer compensation is paid from fund assets on sales of Class R-5 or R-6 shares. I like that the expenses are low. It is a lower risk fund. Although it is a growth fund, it doesn’t seem to fluctuate that much.   American Funds Capital World G/I R5 (RWIFX) 36.29 0.08(0.22%) Nov 27 Add to Portfolio Risk as of Oct 30, 2012 Get Risk for: Risk Overview Morningstar Risk Rating: 3 Number of Years Up 7 Number of Years Down 2 Best 1 Yr Total Return(Dec 30, 2003): 39.47% Worst 1 Yr Total Return(Dec 30, 2008): -38.21% Risk (Modern Portfolio Theory) Statistics 3 Years Statistic RWIFX Category Alpha (against Standard Index) 4.13 5.19 Beta (against Standard......

Words: 415 - Pages: 2

Mutual Fund

...Visit www.mbahotspot.com for more PROJECT REPORT ON Mutual Fund Industry In India BY MBAHOTSPOT.COM Brought to you by [www.mbahotspot.com] Visit www.MBAhotspot.com for more projects THIIS PROJECT IS MADE BY TEAM OF MBAHOTSPOT.COM, FOR YOUR COSTOM PROJECT YOU CAN MAIL US AT info@mbahotspot.com or mbahotspot@gmail.com we will make available for you. For your personalize project report emails us at: info@mbahotspot.com or mbahotspot@gmail.com 1 Visit www.mbahotspot.com for more For your personalize project report emails us at: info@mbahotspot.com or mbahotspot@gmail.com 2 Visit www.mbahotspot.com for more INTRODUCTION OF MUTUAL FUNDS Mutual funds have become a very popular way to take some of the risk out of investing in individual stocks by investors. Mutual funds are a collection of stocks selected by mutual fund seller and sold to investors as shares in a fund. There are several types of funds that you can invest in. Some of the more popular types are technology funds, growth funds, security funds, and income funds. Mutual funds are very popular because they allow you to invest in a numbers of stocks therefore greatly reducing the risks associated with putting you money in an individual stock. Mutual funds have become one of the most attractive ways for the average person to invest their money. A mutual fund pools resources from thousands of investors and then diversifies its investment into many different holdings such as stocks, bonds...

Words: 13286 - Pages: 54

Mutual Fund

...CHAPTER 1 INTRODUCTION INTRODUCTION Much of the empirical research on mutual funds has not given any significant contribution for the mutual fund investor. Unfortunately many mutual fund investor have probably never heard about these research results or their implications. They have heard some rules of thumb guidelines from their brokers or peers about how to select a particular fund. The purpose of this present study is to identify the selection criteria, investors seem to use in selecting a mutual fund institution that suits the investors investment objective and also to identify the factors that are responsible for the selection of schemes floated by these organisations. Further it attempts to identify the reactions from the respondents' namely mutual fund unit holders of Mysore towards the performance of the different schemes. The researcher has employed interview schedule for the collection of data to elicit views of the Mutual Fund investors. Individuals from all walks of life have been showing increasing participation in the stock market, a place where one can see their money doubling in a period of time or disappearing depending on how they play the game. With the stupendous growth in the capital market, direct investment in the stock market has definitely become next to impossible. And yet investors undertake investments with minimal risks of the working of stock exchanges. But in order that investments prove profitable...

Words: 6628 - Pages: 27

Investment in Mutual Fund

...[Type the company name] | INVESTMENT IN MUTUAL FUNDS AND SHARES –PROS AND CONS | FINANCIAL MANAGEMENT | | TO, PRATIMA TRIVEDI | 12/9/2013 | REPORT BY- PARITOSH SINGH FS35 PRAKRITI FS40 PANKAJ KUMAR SINGH FS34 ROMANSHU VARSHNEY FS64 RAJNEESH SHARMA FS44 TABLE OF CONTENTS Table of Contents ACKNOWLEDGEMENT 4 A. MUTUAL FUNDS 5 I. INTRODUCTION 5 II. ROLE OF MUTUAL FUNDS IN THE FLNANCIAI, MARKET 5 III. MUTUAL FUNDS: STRUCTURE IN INDIA 5 IV. GROWTH IN MUTUAL FUND INDUSTRY 6 V. IMPACT OF THE GLOBAL FINANCIAL CRISIS 11 VI. GOVERNMENT POLICIES 11 VII. ADVANTAGES OF MUTUAL FUNDS 12  Diversification. 12  Expert Management. 12  Liquidity. 13  Convenience. 13  Reinvestment of Income. 13  Range of Investment Options and Objectives. 13  Affordability. 13 VIII. DISADVANTAGES OF MUTUAL FUNDS 14  No Control Over Portfolio. 14  Capital Gains. 14  Fees and Expenses. 14  Over-diversification. 14  Cash Drag. 15 IX. SOME TOP MUTUAL FUND OF INDIAN MARKET 15  SCHEME: ICICI Prudential Focused Blue chip Equity Fund (G) 15  SCHEME: BIRLA SL INDIA GENNEXT (G) 15  SCHEME: SBI DYNAMIC BOND FUND (G) 16  ICICI Prudential Equity - Volatility Advantage Fund 16 B. INVESTMENT IN SHARES 17 1. INTRODUCTION 17 2. ADVANTAGES OF INVESTING IN SHARES 17 i. Inflation Rate: 17 ii. Protected From The Eyes Of The Public: 17 iii. Growth Rate: 17 iv. Dividend: 17 v. Bonus Issues: 17...

Words: 5548 - Pages: 23

Mutual Fund

...Mutual Funds What is a mutual Fund? This is a pool of money that is managed on behalf of investors by financial professionals such as a money manager. Funds invested could be used to buy stocks, bonds or other securities according to specific investment objectives (consider the IPS) that have been established for the fund. Investors received either unit of shares that represent a proportionate share of the pool of fund assets. Mutual funds are open-ended investment funds, that is, investors can contribute money to the fund at any time, and existing investors can return their units or shares to the fund for redemption at any time. Different types of mutual funds Mutual funds are typically categorized according to their investment objectives. Some focus on stocks, others on bonds, money market instruments or other securities. Some focus on Jamaican instruments while others focus on international, some on low risk etc. Common types of mutual funds include: Money Market Funds, Fixed Income Funds, Growth or Equity Funds, Balanced Funds, Global and Foreign Funds, Index Funds, etc. As a mutual fund investor, you may earn return on your investment from any distributions to you of the interest, dividends or capital gains earned by the funds; and any increase in the value of your fund shares or units. Please note that your fund could decrease in value causing you to lose money. Sources of Return Some mutual funds allow investors to determine whether they...

Words: 434 - Pages: 2

Mutual Fund Performance

...Case a) US Mutual Fund Performance Maastricht University | | | | School of Business & Economics | | | | Place & date: | Maastricht, 5th December 2013 | | | | Name, initials: | Müller-Wilmes, VEMCroughs, ZWFWang, WCGerdsen, BHARack, MD | | For assessor only | | ID number: | I6076025I6075042I6117368I6075829I6064576 | | 1. Content | | Study: | International Business Economics | | 2. Language structure | | Course code: | EBC | | 3. Language accuracy | | Group number: | 1 | | 4. Language: Format & citing/referencing | | Writing tutor name: | Mike Langen | | Overall: | | Writing assignment: | | | Advisory grade | | | | | Assessor’s initials | | Your UM email address: v.muller-wilmes@student.maastrichtuniversity.nl, m.rack@student.maastrichtuniversity.nl, wwc.wang@student.maastrichtuniversity.nl, z.croughs@student.maastrichtuniversity.nl, b.gerdsen@student.maastrichtuniversity.nl Table of Contents Everyone has to include at his part how we did it in excel and what the conclusion of his subpart implies for the problem statement Bas (introduction, and question 1) Introduction Descriptive Data, net of cost etc Are the returns percentage? What do we expect from momentum? Do we need a table of contents? Do we need to copy the excel sheets into the paper ? or just copying the numbers as we did so far? 1. Best suitable model to measure Performance and Investigation of the different investment...

Words: 707 - Pages: 3

Recommendations to Mutual Fund

... debt. Return on Equity: Metro has a high return on equity compared to Loblaw when taxes are excluded from the income statement. Investor value high ROE as it demonstrates that further investments can produce strong yields, being effectively utilized for optimal returns. Debt Interest Coverage: Metro’s high debt interest coverage is above both the industry average and Loblaw’s. This demonstrates a strong ability to service debt financing while demonstrating to investors that management has done an excellent job in managing their debt obligations. Acid Test/ Current Ratio: Although Loblaw’s has a higher current ratio than Metro this number is reflective of a high inventory. The acid test ratio of Metro is higher than Loblaw’s Acid Test proving Metro to be more liquid and less dependent on inventories to meet current liabilities. Working Capital Gap: The nature of Grocery industry allows a strong cash conversion cycle, minimizing reliance on operating credit facilities. Despite this industry trend Loblaw used 99% of its operating credit facility in 2008. Recommendations to Mutual Fund Metro Inc. represents a unique opportunity to invest, one that has both growth potential and yet minimizes risk exposure. Sale growth for Metro Inc. has increased 5% between 2008-2009 and 2009-2010. Poor growth figures for 2007 were largely a result of a shift on how tobacco was sold across Ontario. These figures compared to major competition; Loblaws’ reflects a promising...

Words: 2273 - Pages: 10