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Open-end or Closed-end Balanced Funds cannot find financial sponsors these days.
60-40 portfolio or 50-50 proportional mix is dying a slow death in Asset Management and other forms of Client Investment Portfolio Management.
Unit Trust Schemes have suffered much due to neg rates
60-40 portfolio or 50-50 proportional mix is dying a slow death in Asset Management and other forms of Client Investment Portfolio Management.
Unit Trust Schemes have suffered much due to neg rates
Mutual funds usually around the world are not allowed to sell short or engage in derivative transactions and structured products.
Most of the regulators want collective investments schemes to remain prudent.
I guess they want to protect the unit holders from gamblers ruin risk?
Most of the regulators want collective investments schemes to remain prudent.
I guess they want to protect the unit holders from gamblers ruin risk?
But if you dislike volatility you would opt for a closed-end fund, whereas if you have a larger risk appetite you would have opted for open-end structures?
Close-end funds usually trade at a discount to the NAV and might have capital locks.
That is a challenge for the #EMH Theory
Close-end funds usually trade at a discount to the NAV and might have capital locks.
That is a challenge for the #EMH Theory
