JPM estimates around $107 billion of equity selling by balanced mutual funds globally into the end of March in order to revert to their 60:40 target all.
Balanced or aggressive hybrid funds saw sustained outflows last year as subdued performance and mis-selling led investors to pull out money. Last year, the category saw outflows of over Rs 24,000 crore, data from the Association of Mutual Funds in India (Amfi) shows. “Balanced funds were sold and misunderstood as ‘safe’ products. Last year’s market crash, however, led to significant capital erosion, which prompted investors to move out of such funds. A lot of investors had also invested on the premise that they would get consistent dividends, which did not materialise,” said Amol Joshi, founder, Plan Rupee Investment Services. The funds were also mis-sold by distributors, especially by a number of bank branches, which sold them as products that could provide consistent dividends, said people in the know.
DGAP-News: Aroundtown SA / Key word: Dividend/Real Estate
Aroundtown SA announces results of scrip dividend
13.01.2021 / 08:33
The issuer is solely responsible for the content. | January 14, 2021
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expert witness in the house, professor turley, said if you could prove the president used our military aid to pressure ukraine to investigate a political rival and interfere in our elections, it would be an impeachable abuse of power. and senator graham, too, recognized that if such evidence existed, it could potentially change his mind on impeachment. well, we now have another witness, a fact witness, who would reportedly say exactly that. ambassador bolton s new man scrip manuscript, that we will discuss in a moment, told him in no uncertain terms. we re talking about the former national security adviser saying the president told him in no