Wealth Management

Mutual Funds

A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to invest in assets like stocks, bonds, and more.

Types:

  • Bond/Fixed Income Funds
  • Equity Funds
  • Hybrid Funds
  • And others

Funds can be actively or passively managed (e.g., index funds).

Key Features:

  • Fund manager oversees the portfolio.
  • Investors bear costs, which vary by share class.
  • Taxable income is passed to investors.
  • Mutual funds have open-end, closed-end, or unit investment trust (UIT) structures.

Portfolio Management Service (PMS)

PMS provides customized investment services for High Net-Worth Individuals (HNIs) based on their risk tolerance and financial goals.

Types of PMS:

  • Active Management: Outperform the market by buying/selling securities.
  • Passive Management: Replicate market index performance.
  • Discretionary: Manager makes decisions based on the client's goals.
  • Non-discretionary: Investor makes final decisions based on manager's advice.

Alternative Investment Fund (AIF)

AIF cater to sophisticated investors seeking higher returns in niche markets.

Types:

  • Category 1 (High-growth sectors): Infrastructure, venture capital, angel funds, and social ventures.
  • Category 2 (Debt-focused): Debt funds, private equity, and funds of funds.
  • Category 3 (Advanced strategies): Hedge funds and PIPE funds.

Benefits:

  • Protection aginst market volatility.
  • Portfolio diversification.
  • High returns compared to traditional investments.

AIF offer higher risk but better returns, suitable for experienced investors / HNIs.

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