Updated Apr 14, 2021 | 06:15 IST
Financial advisors are recommending clients to hold 10-20% of their portfolios in international equities as a hedge against the vagaries of the domestic market. International mutual funds
New Delhi: Indian equity markets fell sharply on Monday the BSE Sensex and the Nifty fell sharply (nearly 3.5% each) as rapid surge in fresh Covid infection cases raised fears of lockdown. However, other global markets did not perform as badly as Indian market. Financial advisors are recommending clients to hold 10-20% of their portfolios in international equities as a hedge against the vagaries of the domestic market so that a part of their portfolio remains insulated.
Invesco Global Consumer Trends Fund of Fund review: Should you invest?
The fund aims to capitalize on the evolving nature of consumption habits of individuals, driven by changes in standard of living, demographics, connectivity and digital lifestyle December 16, 2020 / 09:40 AM IST
If the Diwali crowds in major cities across India were any indicators, consumers seem keen on spending. And they are tired after being cooped up in their houses throughout the lockdown. But unlocking has slowly begun. And as global economies start to unlock, companies that benefit from consumerism stand to benefit. Invesco mutual fund has rolled out a Global Consumer Trends Fund of Fund (IGCF) to benefit from just that phenomenon.
Synopsis
The NFO is currently open and closes on December 18. The scheme, a feeder fund, will invest Invesco Global Consumer Trends Fund, a 22-year-old fund with assets of $2.6 billion that invests 70% - 100% of its assets in consumer discretionary companies.
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MUMBAI: Investors looking to bet on the ongoing digital revolution in consumer spending could consider the New Fund Offer of Invesco India - Invesco Global Consumer Trends Fund of Fund. But, investing lumpsum in this product could be avoided at this juncture given the run up in shares of many of such companies. Wealth advisors said investors could opt for the Systematic Investment Plan (SIP) route till share prices correct.
New fund of funds bets on global spending
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Synopsis
The NFO is currently open and closes on December 18. The scheme, a feeder fund, will invest Invesco Global Consumer Trends Fund, a 22-year-old fund with assets of $2.6 billion that invests 70% - 100% of its assets in consumer discretionary companies.
ThinkStock Photos
MUMBAI: Investors looking to bet on the ongoing digital revolution in consumer spending could consider the New Fund Offer of Invesco India - Invesco Global Consumer Trends Fund of Fund. But, investing lumpsum in this product could be avoided at this juncture given the run up in shares of many of such companies. Wealth advisors said investors could opt for the Systematic Investment Plan (SIP) route till share prices correct.