Two VIPB-managed mutual funds declare up to 5% cash dividends for FY26
Highlights:
- VIPB SEBL 1st Unit Fund declares 5% cash dividend
- VIPB NLI 1st Unit Fund announces 4% cash dividend
- Both funds generated total returns of around 20% in FY26
- Company attributes performance to disciplined value-investing strategy
Two open-ended mutual funds managed by VIPB Asset Management Company Limited have announced cash dividends for the fiscal year ended 30 June 2026 after posting strong returns.
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Read MoreUS Federal Reserve’s direction of travel on interest rates has rarely been this opaque
The outcome of Wednesday’s US Federal Reserve meeting, the second under chairman Kevin Warsh, is one of the most unpredictable in years.
Markets, in the main, are expecting the central bank to hold interest rates steady, but some observers say a moderate rate hike in response to spiking oil prices isn’t off the table.
Read MoreFactSet expands partnership with RepRisk to strengthen sustainable investing solutions suite for clients
RepRisk will complement FactSet’s existing sustainable investing solutions with risk intelligence insights to support clients across the investment lifecycle, while expanding a long-standing partnership that has delivered RepRisk data through FactSet channels since 2012.
ZURICH,
The price of gold today, July 28, 2026 — and the best places to buy
Gold’s spot price — or its current trading value — today as of 9:00 a.m. ET is $4,031.77 per ounce, according to CNBC’s Gold/ US Dollar Spot Price. That’s slightly lower than Monday’s price, when it traded at $4,082.78 per ounce at the same time.
» Read more about: The price of gold today, July 28, 2026 — and the best places to buy »
Read MoreUS economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
By PAUL WISEMAN, AP Economics WriterWASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of inflation grew more slowly last month, but remained above the central bank’s 2% target.
The Commerce Department reported Thursday that growth in U.S.
The Burst
How To Trade When Markets Hit All-time Highs
With the market near all-time highs, buying stocks can look like a worrisome proposition and it’s no surprise that many investors feel more comfortable sitting on the sidelines.
Staying out of the market entirely, though, presents an opportunity cost in the form of lost potential returns. So, just what can investors worried about the market’s performance and potential volatility do to limit their risks while still putting their money to work for them?
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Read MoreThe Ivy
Pepsi’s Dividend Near All-time Highs
PepsiCo just kicked off 2025 on the wrong foot, posting disappointing first-quarter results and slashing its full-year guidance. The market didn’t take it lightly. Shares tumbled to a fresh 52-week low, and are now down over 19.8% over the 6 months, approaching levels not seen in nearly five years.
But here’s the twist,
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Read MoreThe Spotlight
Spotlight: Top Growth Stock In Berkshire Portfolio
Hot growth stocks are something you associate with Cathie Wood a lot more so than Warren Buffett but the Oracle of Omaha has a few tricks up his sleeve yet to surprise even his most eagle-eyed fans.
One stock in his portfolio is up by over 140% this year, turning every $10,000 invested in it to $24,000.
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