Ignacio said the pension fund deployed P1 billion each for three Balanced Fund
Mandates, three Pure Equity Fund Mandates, and one Pure Fixed Income Fund Mandate.
A close-ended balanced fund
of funds, SPE invests in close-ended funds investing in public equity and fixed income markets.
According to the state-run pension fund, it opened for bidding the hiring of nine local fund managers to manage its P9-billion fund, which was divided equally under three types of mandates: Balanced Fund
Mandate, Pure Equity Fund Mandate and Pure Fixed Income Mandate.
SSS president and chief executive officer Aurora Ignacio said the pension fund allocated the total equally to three balanced fund
mandates, three pure equity fund mandates and one pure fixed income fund mandate.
dominated the three-year and five-year returns balanced fund
dominated the 3-Year and 5-Year Returns the Balanced Fund
Category - Foreign Currency Denominated.
A controlling interest in the Uzbek leasing company Alliance Leasing has been acquired by the UK-based hedge fund Sturgeon Central Asia Balanced Fund
Ltd., the press service of the Toshkent Republican Stock Exchange, where the deal took place, told Trend.
The funds are: Vanguard Global Balanced Fund
, Vanguard Global Dividend Fund, Vanguard US Value Windsor Fund and Vanguard International Growth Fund.
Al Hilal Bank has announced the dividend payout of its Al-Hilal Global Balanced Fund
I just started mutual fund investments with a lumpsum amount of Rs 25,000 in HDFC Balanced Fund
. I want your advice for other mutual fund schemes for one time investment of up to Rs 10 lakh.
has obtained the requisite unitholder approval at a special meeting of unitholders and has also obtained the requisite regulatory approval to merge the Excel Blue Chip Equity Fund into the Excel Emerging Markets Balanced Fund
(formerly, Excel EM Blue Chip Balanced Fund
), an open-end mutual fund managed by the manager, the company said.
Once the GOT is determined, then it's a matter of finding the correct balanced fund
to invest in.