Main >
"Magister-Balanced Fund", Open-end Diversified Unit Investment Fund
"Magister-Balanced Fund", Open-end Diversified Unit Investment Fund
Investment Objective
Achieving optimum yield/risk values correlation.
Fund Strategy
Fund portfolio is formed to make yield higher than conservative tools at reasonable risk.
Yield/risk balance can be achieved due to assets distribution between different investment tools: shares (maximum risk level), corporate bonds (average risk level), municipal bonds (risk level is below the average).
Investment Objects
According to offset investment strategy of management, fund realizes the idea of collecting maximum yield due to shares, by compensating market risks owing to corporate and municipal bonds.
Tools
% from sum total of assets
Shares
30-40%
Bonds
not more than 30%
Cash
15-25%
Other objects of investment
5%
Initial stage of portfolio forming presupposes distribution of investment resources between shares that have speculative potential of growth not less than 10% and tools with fixed yield considering the strategy of active portfolio management.
In future fund assets are invested on the basis of the calculation of medium-term and long-term fund market bias to the most liquid shares and bonds of large and medium Ukrainian enterprises. The basic part of portfolio is shares - "blue chips" that have high level of liquidity and short-term growth potential.
Investment Policy
Miscellaneous investment fund is a flexible and universal tool of assets structure management that allows management company quick considering of market conditions fluctuation. The part of fund portfolio is placed to tools with fixed yield, the share of which is increased at general unfavorable conjuncture and is reduced at growth periods.
Fund management presupposes the strategies of active management. Active trade operations can be held with not more than half of fund assets. Distribution by classes of investment tools is made on the basis of macroeconomics and general condition of financial markets. On the basis of structure forming within the limits of tools classes there is a fundamental analysis of separate issuers.
