Top-performing unit trusts in SA over the past decade
Global equity has dominated the performance tables over the past 10 years, but the longer-term picture looks very different.
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Global equity has dominated the performance tables over the past 10 years, but the longer-term picture looks very different.
Susan Dziubinski: Hi, I'm Susan Dziubinski with Morningstar. Morningstar recently introduced the Morningstar ESG Commitment Level, which allows investors to pinpoint the extent to which funds incorporate environmental, social, and governance considerations into their investment processes. Joining me today to unpack this new metric and to talk about a few highly rated funds that score well on this new measure is Russ Kinnel. Russ is Morningstar's director of manager research and editor of Morningstar FundInvestor. Russ Kinnel: Glad to be here. Dziubinski: Russ, first tell us a little bit abou...
Fidelity Investments Charitable Gift Fund is the big kahuna of donor-advised funds. Created in 1991, the fund ranks as the largest donor-advised fund in the United States. It even outweighs the Bill & Melinda Gates Foundation based on the value of grants made for the most recent fiscal year. Assets totaled $34.5 billion as of June 30, 2020. As I covered in my recent article, donor-advised funds have several advantages. Donor-advised funds are public charities that qualify as section 501(c)(3) organizations. That means donors can benefit from an immediate tax deduction when they contribute cas...
Mumbai (Maharashtra) [India], April 9 (ANI/PRNewswire): Mumbai-based Choice Equity Broking Private Limited on Thursday has entered into an agreement to acquired 100 per cent stake in New Delhi based Escorts Securities Limited. The acquisition entails mainly the broking business and will be completed within the next six months, subject to necessary statutory approvals. "The buyout shall bring in operational synergies and shall augment the profitability of Choice Equity Broking with its increasing clientele," said Kamal Poddar, managing director of the BSE-listed Choice International and the ho...
The auto maker on Thursday announced that it has entered into an agreement to sell its entire stake in Escorts Securities to Choice Equity Broking, a wholly owned subsidiary of Choice International.Escorts will sell and transfer its entire 40.444% shareholding in Escorts Securities (ESL) to Choice Equity Broking. Post transaction, ESL will cease to be subsidiary of Escorts. The consideration from the proposed sale is approximately Rs 5.17 crore, subject to adjustments in respect of proportionate profit/loss till the closing date in terms of the agreement. Escorts Securities had a turnover of ...