Mutual fund analysis: From AMC behaviour to manager style, key checks you should make before putting your money
A mutual fund’s past return is easy to find. But for investors, the harder question is whether the Asset Management Company (AMC), fund manager, and fund itself have the characteristics to support consistent performance over different market cycles.
A recent issue of DSP Mutual Fund’s Neev lays out a research framework by Rahul Kulkarni,
Why Chevron, Exxon and ConocoPhillips Are on Every Energy Investor’s Radar This September
TLDR
- Brent crude traded around $103 a barrel on September 17, with WTI near $100
- Chevron reported $12.1 billion in Q2 earnings with worldwide production up 20% year over year
- Chevron hit record U.S. production and record crude throughput at American refineries
- Saudi Arabia is working to redirect supplies,
A New Investing Trend Is Emerging — And Not Everyone Is Comfortable With It
It’s little secret that artificial intelligence (AI) models — and the massive data centers required to power them — are proliferating at a wild pace.
Beyond the wide-ranging ethical and employment debates taking place,
» Read more about: A New Investing Trend Is Emerging — And Not Everyone Is Comfortable With It »
Read MoreStocks Look Priced for Perfection. These 3 Dividend ETFs Are Built for the Pullback
Quick Read
-
The S&P 500 trades at roughly 20x forward earnings, above its 10-year average of 18.8x, leaving little margin if earnings disappoint.
-
SCHD yields 3.28% while trading at just 18.4x earnings, screening holdings for dividend history, free cash flow, and return on equity.
Small-cap mutual funds: How large- and mid-cap exposure differs across schemes; check 1-year returns
Small-cap mutual funds are required to invest at least 65% of their assets in small-cap stocks. However, fund managers have flexibility over the remaining portion of the portfolio and can invest in large- and mid-cap companies based on their investment strategy.
As a result, small-cap funds can have significantly different exposure to larger companies.
The Burst
Pick and Shovel EV Play (Hint, Not Tesla)
In light of Tesla’s recent workforce reduction as sales slump, it may seem like a risky play to invest in an EV pick and shovel play but we’re eyeing Infineon, with a market cap of around $43 billion as an opportunity.
It’s a company that is best known for SiC and GaN technologies that are designed to meet rising demand in the sector as a whole.
» Read more about: Pick and Shovel EV Play (Hint, Not Tesla) »
Read MoreThe Ivy
4 Stocks Behind Bill Gates $45 Billion Portfolio
The Bill & Melinda Gates Foundation is a philanthropic powerhouse that lists among its accomplishments the total eradication of two types of polio virus, improving agricultural outcomes in impoverished countries and delivering health services to millions worldwide.
Making these initiatives possible is a $45 billion investment portfolio that generates the money needed to fund the foundation’s efforts.
» Read more about: 4 Stocks Behind Bill Gates $45 Billion Portfolio »
Read MoreThe Spotlight
Will Roku Soar 9x From Here?
Roku’s most recent financial report disappointed investors. Slowing streaming growth and lower ad spending, paired with economic uncertainty, have caused Roku’s stock to plummet.
Shares are down over 66% year to date and more than 80% compared to the highs reached last year. The stock is so battered that many are staying away.