GOLD VS SILVER INVESTMENT- INVESTOR's BEHAVIOR AMONG CONSUMERS IN COIMBATORE CITY M. KIRTHIKA

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "GOLD VS SILVER INVESTMENT- INVESTOR's BEHAVIOR AMONG CONSUMERS IN COIMBATORE CITY M. KIRTHIKA"

Transcription

1 GOLD VS SILVER INVESTMENT- INVESTOR's BEHAVIOR AMONG CONSUMERS IN COIMBATORE CITY M. KIRTHIKA Assistant Professor, Department of Business Administration (IB), PSGR Krishnammal College for Women, Coimbatore ABSTRACT The Main objectives of investment are Safety, Income and Growth of Capital. The mainstream financial media touts a variety of 'anti-inflation' investments that can be used to protect wealth against the ravages of inflation. While such investments may appear to be inflation-proof on paper, none of these investment vehicles have the solid intrinsic value of Gold, silver or any of the other precious metals. Gold and silver are some of the few products with intrinsic value, which would also include necessities of life such as food and shelter. Hence the study has been made to evaluate the importance, need, performance and the extent of awareness on various forms of Gold and Silver metals among the Indian Consumers with special reference to Coimbatore city. The study reveals the mindset of consumers in purchasing and investing in these metals that has played an important role finding a secured place as safe haven future investments irrespective of the price fluctuation prevailing in the commodities market. Keywords: Investment behavior, Gold, Silver, Safe Investments, Income Growth. 1. INTRODUCTION Investments are nothing but, an asset or an item that is purchased with the hope that it will generate income or appreciate in the future. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price. 1.1 GOLD AND SILVER Investing in gold has been seen as the supreme way of safe haven investment. Gold investment is booming in recent years and the reason behind this incident can be described as the investor become more aware of the benefit of the gold and its special features. Investment demand for gold has shown a significant increase in the last seven years; as investor seeking the fashion to balance their investment portfolio and safeguard against the economy and political uncertainty. Generally gold demand can be divided into three main types namely Jewellery demand, gold investment demand, and industrial demand. The gold investment can be further divided into physically and non-physically holding the gold. Silver is one of the most precious metals, valued both as a form of currency and store of value. The major components of silver demand are Industrial use (54%), Photography (15%), Jewellery and Silverware (26%) and Coins (5%). Twenty countries together produce 96% of the silver mined globally. Throughout history, Gold and Silver has played closely related roles as precious metals and are usually considered as substitutes to reduce similar types of risks in portfolios. Hence, it is argued that similar economic fundamentals affect the demand for these commodities and a rational long-run interdependency exists between the prices of gold and silver

2 1.2 OBJECTIVE OF THE STUDY The objective of the study is: To study the investor's behavior towards Gold and Silver investments, its performance in investors' portfolio and the extent of awareness among these metals. 1.3 SCOPE OF THE STUDY Gold and silver investments have increased dramatically in the past couple of years and Silver is rising in competition with gold investment. The study has been conducted in order to find out why there is a high demand and why Indian Consumers go in for these kinds of investments. This study also examines the future prospects of these investment portfolios and further study can be done in this area on the understanding of these two commodities that have different economic uses based on the view that they are affected by different economic fundamentals. 1.4 LIMITATIONS OF THE STUDY The findings and observation are based on the respondent's answer which may be affected by the personal bias. The study is limited to only Coimbatore city. The study was conducted for a period of six months. The number of respondents included in the survey is limited to REVIEW OF LITERATURE Manish Mittal and Vyas (2008) have stated that "Investors have certain cognitive and emotional weaknesses which come in the way of their investment decisions. Over the past few years, behavioral finance researchers have scientifically shown that investors do not always act rationally. They have behavioral biases that lead to systematic errors in the way they process information for investment decision. Many researchers have tried to classify the investors on the basis of their relative risk taking capacity and the type of investment they make. Empirical evidence also suggests that factors such as age, income, education and marital status affect an individual's investment decision." Manu Sharma, Payal Dey, and Gunwant Singh Saini (2014), researched on the title "Silver and Global equity Markets" to analyze the trend of returns generated by gold. This trend was then compared with that of the S&P 500 and Dow Jones Precious metal index which included Gold, Silver and Platinum and their performances was evaluated thereafter. The results implied that gold has performed better than the Dow Jones precious metal index and S&P 500 over the past ten years. Sunaina Kanojia and Silky Jain (2014), made a study on "Investment in Gold: Trends and Analysis of Indian Stock Market". This paper has attempted to examine the concept of gold trading in India, to highlight the significance of gold trading in the context of Indian stock market and to analyze the trend of nominal gold prices in Indian stock market. Further it has examined the performance of gold and nifty after adjustment for inflation and to check whether the inclusion of gold in an optimal portfolio improves its performance or not found that inflation adjusted performance of gold is better than the inflation adjusted performance of nifty. In addition, it also proved that inclusion of gold in optimal portfolio has improved the performance

3 3. RESEARCH METHODOLOGY Research methodology is the scientific and systematic research for pertinent information on the specific topic. It includes testing, verification, classification, organization and orientation which include prediction and application. The following are the various components that constitute the research methodology: 3.1. TYPE OF THE RESEARCH The type of research used in the study is descriptive and includes surveys, facts, findings and enquiries of different kinds. The major purpose of the descriptive research is to analyze the detail state affairs as it exists at present 3.2. NATURE OF THE STUDY The study is based on Primary and Secondary Data. Primary data was collected through questionnaire and Secondary data was collected using various journals, websites such as World Gold Council, The Silver Market, Indian Journal of economics, Business and Economic Research etc SAMPLE SIZE A sample is a part of population, which is selected for obtaining the necessary information. A sample size of 102 was selected and collected among the general public 3.4. SAMPLE DESIGN The sample design used was Convenience Sampling Technique TOOLS USED FOR THE STUDY The following tools were used for the study: Simple Percentage Method = Simple percentage method is calculated by dividing the given number of respondents with the total number of respondents multiplied by 100. Chi-Square Test = Chi-square test is one of the simplest and most widely used non-parametric tests in statically work. It is a method to test the relationship between the theoretical (hypothesis) and the observed value. Chi-square = (Oij-Eij) 2 /Eij. Garret Ranking Method = Garret ranking technique has been used to rank the various factors. Garret Ranking =100(Rij-0.5)/Nij Weighted Mean Score = The mean is arithmetic average of set of given numbers. The mean is calculated by adding up the score values and dividing the same with total number of respondents. 4. ANALYSIS AND INTERPRETATION Analysis of data is a process of inspecting, cleaning, transforming, and modeling data with the goal of highlighting useful information, suggesting conclusions, and support decision making. Interpretation is essential to find out the usefulness and utility of research findings. It is considered to be the base component of research process. The collected data were tabulated and analyzed using various tools used for the study that includes tables and charts which represents the data

4 4.1. Analysis on Respondents Personal Profile Chart Gender Chart Monthly Income > % Female 60% Male 40% % % <10,000 27% From the above charts it is interpreted that 40% of respondents are male and 60% of respondents are female. It is also interpreted that 27% of respondents were under the income group of less than RS. 10,000; 35% of respondents were earning between RS ; 23% were between RS ; and 15% of respondents were earning monthly income above RS Analysis of Respondents Influence on Gold and Silver Chart Reason for Purchase of Gold and Silver TRADITIO N 42% EXCESSIVE DEMAND 18% HIGH LIQUIDITY 28% CURRENC Y 12% Chart Are they found as Safe Investment From the above chart it is interpreted that 42% of respondent purchase gold and silver out of tradition, 25% purchase because of high liquidity, 18% because of its excessive demand and 12% due to currency value and also 96% of respondents consider these metals as safe investments. NO 4% YES 96% 61

5 4.3 Analysis on Influential Factors of Gold and Silver Table showing the Factors influenced to Invest in Gold FACTORS INTERCONTINENTAL JOURNAL OF FINANCE RESEARCH REVIEW STRONGLY AGREE AGREE NEUTRAL DISAGREE STRONGLY AGREE TOTAL SCORE VALUE (TSV) MEAN SCORE VALUE (MSV) Income Excessive Demand Depicts Family Status Gold Investment is Popular Specialist Opinion The above table shows that majority (4) of the respondents are influenced by excessive demand, then the income (4.3) followed by the family status (3.9), gold investment being popular (3.7) and lastly few say they get influenced by some (3.2) specialist opinion Table showing the Investment Pattern on Gold Purchases PARTICULARS RESPONDENTS PERCENTAGE (%) Regular Purchase (Set Aside An Amount For Gold Investment) Short Term Investor (Purchases When Need Arises) Speculator (Often Buys And Sells According To Market) Occasional Buyer (Rarely) Total From the above table it is interpreted that majority of respondents (36%) are short term investors who purchases only when the need arises. The next type of investor around 29% can be seen as the regular purchaser who set aside an amount for gold saving alone, occasional buyers of 21%, who rarely invest in gold and only 14% of respondents are speculators who often buys gold and sells accordingly to the market prices in future Table showing Investment Percentage on Various Silver Types PARTICULARS RESPONDENTS PERCENTAGE (%) Silver Jewellery Silver Bars Silver Coins Silver Scrapes 4 4 Total

6 From the above table it is interpreted that majority of respondents (34%) invest in silver coins, 32% of them in forms of jewellery, 29% in silver bars, and only 4% invest in silver wastages Table showing Factors Influencing Silver Purchases PARTICULARS RESPONDENTS PERCENTAGE (%) Silver a considerable range of gold The value for gold is high Silver utensils and silver product go for high utilization Total From the above table it is interpreted that 35% of respondents purchase silver as it of high utilization, 17% of respondents consider it equivalent to gold and 16% of them for substitute to gold because of being priced. 4.4 Analysis on Awareness towards other Forms of Gold and Silver Metals Table Showing Awareness on other Forms of Gold PARTICULARS RESPONDENTS PERCENTAGE (%) Gold Stock Gold Accounts Gold Exchange Traded Funds Bullions And Bars Total From the above table it is interpreted that 38% of respondents are aware of Gold Accounts, 27% of respondents are aware of Gold Stocks, 23% of respondents are aware of Gold Bullions and Bars and 12% of respondents are aware of Gold Exchange Traded Funds Table Showing Awareness on other Forms of Silver PARTICULARS RESPONDENTS PERCENTAGE (%) Investment In Silver Mining Silver certificate Silver Exchange Traded Fund Silver Derivatives 6 6 Silver Accounts None Total From the above table it is interpreted that the majority of the respondents (25%) are aware of the Silver Exchange Traded Funds, 20% are aware of investments in Silver Mining, 13% are aware of 63

7 Silver Certificate, 12 % of Silver Accounts and only 6 % are aware of Silver Derivatives. Other 24% of the respondents are unaware of all of the above mentioned forms of Silver Metals. 4.5 Analysis of Relationship between Gender Group and Their Percentage of Investment in Gold and Silver Level of significance is =5% Investment Less than 25-50% 50-75% Above 75% Total Gender 20% Male Female Total DEGREE OF FREEDOM = (R-1) (C-1) = (2-1) (4-1) = 1*3 = 3 Factor Gender Group And Their Investment Percentage In Gold Degree Of Freedom Level Of Significance Calculated Value Table Value Result 3 5% Significant From the above table it shows that at 5% level of significance with the degree of freedom as 3, the calculated value is more than the Table value ( > 7.815), therefore the null hypothesis is not accepted. Hence there is a significant relationship between gender group and their investment percentage in Gold. 4.6 Analysis of Relationship between Monthly Income and Their Percentage of Investment in Gold and Silver Level of significance is =5% Investment <25% 25-50% 50-75% Above 75% Total Monthly income <10, > Total DEGREE OF FREEDOM = (R-1) (C-1) = (4-1) (4-1) = 3*3 =

8 Factor Monthly Income And Percentage Of Investment Degree Of Freedom Level Of Significance Calculated Value Table Value Result 9 5% Significant The above table shows that at 5% level of significance with the degree of freedom as 9 the calculated value is more than the Table value ( > ), therefore the null hypothesis is not accepted. Thus there is a significant relationship between monthly income and percentage investment in Gold. 4.7 Garret Ranking Analysis on Investment Choice among Various Investment Avenues DETAILS TOTAL GARRET AVERAGE SCORE SCORE RANK Gold I Silver IV Stocks III Bonds VI Fixed II Deposit Real Estate V The above table highlights the Garret ranking scores and the average scores. The average scores are ranked according to their values. The first rank has been assigned to Gold, the second rank to Fixed deposit, the third rank to Stocks, the fourth rank to Silver, fifth rank to Real Estate and sixth rank to Bonds. Hence it is interpreted that Respondents mostly invest in gold than the other investment avenues. Few rarely invest in bonds. It is clear that Gold investments are comparatively higher to Silver that ranks 4th and other available avenues. 4.8 Analysis of Gold and Silver Demand Chart Demand for Gold Chart Demand on Silver NO 27% NO 30% YES 73% YES 70% 65

9 The above charts show that the demand for Gold is always high and stable (73%), even though there is volatility in gold prices year by year with changing economic conditions. About 70% of respondents have stated that the demand for Silver is increasingly higher in the recent past years comparative to Gold. 5. FINDINGS The findings of the study show that; About 60% of the respondents are female. 35% of the respondent s monthly income is between Rs. 10,001-25,000 that clearly states that they comprise Middle Income Group. According to data, 42% of respondents state that the Gold and Silver are bought and considered as a family tradition and need from the Indian context. 96% respondents invest in gold and silver metals for the concern of safety investments. Mostly 36% of respondents agreed that they see themselves as short term investors and are influenced to purchase Gold and Silver metals due its excessive demand (4.3) in the market. 34% of respondents invest in silver coins and 35% of respondents are influenced to this investment as they find there is high utilization for silver utensils and products. 38% of respondents are aware of Gold accounts used as an another source of Gold investment 25% of respondents are aware that Silver Exchange Traded funds are used as another source of Silver investment. At 5% significance level, it shows that there is significant relationship between Gender and their investment percentage in Gold with a table value of at 3 degree of freedom. At 5% significance level, it shows that there is significant relationship between monthly income and their investment percentage in Gold with a table value of at 9 degree of freedom. Gold ranks first among investors across other saving investments avenues with Silver ranking fourth. Around 70% of respondents stated that demand for Gold and Silver investments are high irrespective of changing rates in the world global market. 6. SUGGESTION The following are the suggestions made based on the study. Growing income leads to safest means of investment in the field of gold and silver. This leads to savings for future. Gold are purchased on needs and sold according to the current market value. Individual income affects more in this sector, without which income savings cannot be done With steady increase in demand for gold and silver, people find these investments as safe and secured. As people tend to purchase gold due to family status and tradition that prevail in Indian culture, efforts can be taken to create an awareness regarding other investments options like E-gold and Gold ETF s. Since there is high demand for gold due to symbol of social prestige s, desire and wants of different people, half of individual s income can be set aside as safe havens for future

10 7. CONCLUSION From the study it can be concluded that for average Indian, public money is everything. So they are very sensitive about their money. They will think hundred times before investing in any market and will expect more than that. This can be achieved by investing in gold and silver. The response of gold and silver reveals as to how these metals serves as a saving instrument in the Indian context. Statistical findings indicate that the frequently cited long-term stable relationship between the prices of gold and silver has disappeared. It is indicated that these two markets should be approached as separate markets and changes in gold to silver ratios should not be used to predict prices in the future and it is also implied that these two markets should not be regarded as substitutes to hedge against similar types of risks. This view is consistent with the understanding that these two commodities have different economic uses and they are affected by different economic fundamentals. BIBLIOGRAPHY REFERENCES Manu Sharma, Payal Dey, and Gunwant Singh Saini (2014), Silver and Global Equity Markets, The Journal of Private Equity, Spring 2014, Vol.17, No.2, pp: Sunaina Kanojia and Silky Jain (February, 2014), Investment in Gold: Trends and Analysis of Indian Stock Market. Investment in Gold: Trend and Analysis of Indian Stock Market, Conference proceedings of IMRC organized by ADMI, Mumbai University, India. BOOKS Khan & Jain, (2005), Financial Management, 3rd edition, Tata McGraw- Hill Publishing. Donald E Fischer, Ronald J Jordan., (1995), Security Analysis and Portfolio Management,Prentice Hall. World Gold Council, An effective hedge in Gold in the Official Sector, No. 18, January2002. WEBSITES Business Standard: Gold demand in India to rise 33% by 2020: WGC BS Reporter / Bangalore April 1, 2011, 1:23 IST-http: //business standard.com Philip Klapwij, GFMS Ltd, May 2008, World Silver Survey 2008, The Silver InstitutePresentation, ntation.pdf. Last accessed on June 18, market.com 67

A study on various forms of gold investment

A study on various forms of gold investment A study on various forms of gold investment 1 Dr M Nishad Nawaz Department of MBA & Research Centre, East West Institute of Technology, Bangalore. 2 Mr Sudindra V R, Assistant Professor Department of MBA,

More information

Comparative study of Investment with special reference to Gold and Mutual Fund

Comparative study of Investment with special reference to Gold and Mutual Fund Comparative study of Investment with special reference to Gold and Mutual Fund Prof. Sarika Pansare ASM S IPS Email id: Pansare.sd@gmail.com Prof. Harshvardhan Bhavsar ASM s IPS Email-id: harshvardhanbhavsar@yahoo.co.in

More information

Non Ferrous Metal & Investment Behaviour: A Hedging Approach

Non Ferrous Metal & Investment Behaviour: A Hedging Approach Global Journal of Finance and Management. ISSN 0975-6477 Volume 6, Number 6 (2014), pp. 529-534 Research India Publications http://www.ripublication.com Non Ferrous Metal & Investment Behaviour: A Hedging

More information

Equity Investors Risk Tolerance Level During the Volatility of Indian Stock Market

Equity Investors Risk Tolerance Level During the Volatility of Indian Stock Market Equity Investors Risk Tolerance Level During the Volatility of Indian Stock Market 1 D.Suganya, 2 Dr. S.Parvathi 1 SNT Global Academy of Management studies and Technology, Coimbatore, India 2 Emerald Heights

More information

A Presentation on Gold. Gold 1

A Presentation on Gold. Gold 1 A Presentation on Gold Gold 1 About Club Kautilya Gold 2 Index Introduction 4 Why to Invest in Gold 5 Factors Influencing the Market 7 Why Gold is a Safe Heaven 9 Investment Vehicle NSEL E-Gold 10 12 Gold

More information

A Study on Investors Attitude towards Physical Gold and E-Gold in Coimbatore City

A Study on Investors Attitude towards Physical Gold and E-Gold in Coimbatore City A Study on Investors Attitude towards Physical Gold and E-Gold in Coimbatore City Dr. B. Saranya Assistant Professor, PSG College of Arts & Science, Coimbatore, Tamil Nadu, India Ms. U. Jisha Assistant

More information

Chapter V. Mutual Funds - Perceptions, Involvement & Policies of Mutual Fund Investors In Hubli-Dharwad - An Analysis

Chapter V. Mutual Funds - Perceptions, Involvement & Policies of Mutual Fund Investors In Hubli-Dharwad - An Analysis Chapter V Mutual Funds - Perceptions, Involvement & Policies of Mutual Fund Investors In Hubli-Dharwad - An Analysis 148 CLASSSIFICATION OF SAMPLES FOR SURVEY : The samples survey was conducted among the

More information

Introduction to. A Wealth Protection Strategy

Introduction to. A Wealth Protection Strategy Introduction to Investing in Gold A Wealth Protection Strategy To begin a discussion on portfolio diversification with Gold, let s start by examining the reasons investors purchase Gold in the first place.

More information

THE STUDY OF INVESTOR S PERCEPTION TOWARDS DERIVATIVES AS AN INVESTMENT AVENUE. Dr. Babaraju. K. Bhatt Principal

THE STUDY OF INVESTOR S PERCEPTION TOWARDS DERIVATIVES AS AN INVESTMENT AVENUE. Dr. Babaraju. K. Bhatt Principal THE STUDY OF INVESTOR S PERCEPTION TOWARDS DERIVATIVES AS AN INVESTMENT AVENUE Dr. Babaraju. K. Bhatt Principal Shri Manilal Kadakia College of Management & Computer Studies Ankleshwar, Gujarat State,

More information

Investment in Gold Exchange Traded Funds (Gold ETF): A Safe and Novel Approach to Investment in Gold

Investment in Gold Exchange Traded Funds (Gold ETF): A Safe and Novel Approach to Investment in Gold Investment in Gold Exchange Traded Funds (Gold ETF): A Safe and Novel Approach to Investment in Gold Dr. Joshy Andrews Assistant Professor, St.Aloysius College Edathua, Alapuzha Mail: andrewsjoshy@gmail.com

More information

GOLD VS STOCK MARKET: A COMPARATIVE STUDY OF RISK AND RETURN

GOLD VS STOCK MARKET: A COMPARATIVE STUDY OF RISK AND RETURN International Journal of Business Management & Research (IJBMR) ISSN 2249-6920 Vol. 3, Issue 2, Jun 2013, 103-110 TJPRC Pvt. Ltd. GOLD VS STOCK MARKET: A COMPARATIVE STUDY OF RISK AND RETURN BARINDER SINGH

More information

E GOLD: THE NEW INCARNATION OF GOLD

E GOLD: THE NEW INCARNATION OF GOLD E GOLD: THE NEW INCARNATION OF GOLD Introduction E-GOLD is the new incarnation of gold, innovated by National Spot Exchange (NSEL), which enables investors to invest their funds into Gold in smaller denomination

More information

Gold vs Gold ETFs: Evidences from India

Gold vs Gold ETFs: Evidences from India International Journal of scientific research and management (IJSRM) Volume 2 Issue 4 Pages 758-762 2013 Website: www.ijsrm.in ISSN (e): 2321-3418 Gold vs Gold ETFs: Evidences from India 1 Dr. Vipin Kumar

More information

Bullion and Mining Stocks Two Different Investments

Bullion and Mining Stocks Two Different Investments BMG ARTICLES Bullion and Mining Stock Two Different Investments 1 Bullion and Mining Stocks Two Different Investments March 2009 M By Nick Barisheff any investors believe their portfolios have exposure

More information

AN EMPIRICAL STUDY ON GOLD INVESTMENT RAGE AMONG THE PROFESSIONALS - A COMPARATIVE ANALYSIS OF GOLD ETF, EGOLD AND GOLD FUNDS

AN EMPIRICAL STUDY ON GOLD INVESTMENT RAGE AMONG THE PROFESSIONALS - A COMPARATIVE ANALYSIS OF GOLD ETF, EGOLD AND GOLD FUNDS AN EMPIRICAL STUDY ON GOLD INVESTMENT RAGE AMONG THE PROFESSIONALS - A COMPARATIVE ANALYSIS OF GOLD ETF, EGOLD AND GOLD FUNDS Jalpa Thakkar Assistant Professor, ASM s IPS Sheenam Gogia Assistant Professor,

More information

For your free precious metals investment consultation, ccall Tom Cloud at (800) 247-2812. For the best prices including free shipping and insurance,

For your free precious metals investment consultation, ccall Tom Cloud at (800) 247-2812. For the best prices including free shipping and insurance, With gold and silver prices making new highs over the last several years, many investors are just now beginning to turn their attention to the precious metals markets. Gold and silver can play an important

More information

A STUDY ON MUTUAL FUNDS WITH DUE REFERENCE TO SBI MUTUAL FUNDS

A STUDY ON MUTUAL FUNDS WITH DUE REFERENCE TO SBI MUTUAL FUNDS A STUDY ON MUTUAL FUNDS WITH DUE REFERENCE TO SBI MUTUAL FUNDS MR. BADRIVISHAL Asst-Professor, Signodia Arts, Commerce and P.G. center, Charkaman, Hyderabad Abstract The mutual fund industry is a lot like

More information

A Study on the Factors Influencing The Selection of Mutual Fund Company. Abstract. Introduction

A Study on the Factors Influencing The Selection of Mutual Fund Company. Abstract. Introduction A Study on the Factors Influencing The Selection of Mutual Fund Company *R Vijayalakshmi **R Jayasathya Abstract Mutual fund in Indian context is a challengeable phenomenon. It has attained commanding

More information

International Monetary Policy

International Monetary Policy International Monetary Policy 2 Preliminary concepts 1 Michele Piffer London School of Economics 1 Course prepared for the Shanghai Normal University, College of Finance, April 2011 Michele Piffer (London

More information

APPENDIX - I INVESTORS PERCEPTION TOWARDS DERIVATIVES WITH REFERENCE TO FUTURE AND OPTIONS AT TANJORE DISTRICT QUESTIONNAIRE. 2. Gender : Male Female

APPENDIX - I INVESTORS PERCEPTION TOWARDS DERIVATIVES WITH REFERENCE TO FUTURE AND OPTIONS AT TANJORE DISTRICT QUESTIONNAIRE. 2. Gender : Male Female II APPENDIX - I INVESTORS PERCEPTION TOWARDS DERIVATIVES WITH REFERENCE TO FUTURE AND OPTIONS AT TANJORE DISTRICT A. GENERAL INFORMATION 1. Name of the Investor : QUESTIONNAIRE 2. Gender : Male Female

More information

Alternative Asset Classes Page 1 ALTERNATIVE ASSET CLASSES: AN INTRODUCTION

Alternative Asset Classes Page 1 ALTERNATIVE ASSET CLASSES: AN INTRODUCTION Alternative Asset Classes Page 1 ALTERNATIVE ASSET CLASSES: AN INTRODUCTION PART OF SOUND PORTFOLIO MANAGEMENT IS DIVERSIFYING INVESTMENTS SO THAT IF ONE TYPE OF INVESTMENT IS PERFORMING POORLY, ANOTHER

More information

TOP FIVE REASONS IRA TO GOLD

TOP FIVE REASONS IRA TO GOLD (855)-GOLD-IRA GoldcoPreciousMetals.com TOP FIVE REASONS IRA TO GOLD TO CONVERT YOUR TM Goldco Precious Metals consistently had the best ratings. And after talking with a couple of the associates, I can

More information

MODES OF INVESTMENT IN GOLD

MODES OF INVESTMENT IN GOLD Golden Research Thoughts ORIGINAL ARTICLE ISSN:-2231-5063 MODES OF INVESTMENT IN GOLD Richa Verma Assistant Professor in Ramjas College, University of Delhi. Abstract: -Gold is a shinning yellow and very

More information

A STUDY ON IMPACT OF JOB ENRICHMENT PRACTICES TOWARDS EMPLOYEE SATISFACTION AT HDFC STANDARD LIFE INSURANCE

A STUDY ON IMPACT OF JOB ENRICHMENT PRACTICES TOWARDS EMPLOYEE SATISFACTION AT HDFC STANDARD LIFE INSURANCE A STUDY ON IMPACT OF JOB ENRICHMENT PRACTICES TOWARDS EMPLOYEE Shilpa R* A. Asif Ali* N. Sathyanarayana* Roopa Rani * SATISFACTION AT HDFC STANDARD LIFE INSURANCE Abstract: In today s dynamic world organizations

More information

Theories of Exchange rate determination

Theories of Exchange rate determination Theories of Exchange rate determination INTRODUCTION By definition, the Foreign Exchange Market is a market 1 in which different currencies can be exchanged at a specific rate called the foreign exchange

More information

A study on impact of select factors on the price of Gold

A study on impact of select factors on the price of Gold IOSR Journal of Business and Management (IOSR-JBM) e-issn: 2278-487X.Volume 8, Issue 4 (Mar. - Apr. 2013), PP 84-93 A study on impact of select factors on the price of Gold Dr. Sindhu* Associate Professor,

More information

E-gold as an Effective and Innovative Investment Option An Analysis

E-gold as an Effective and Innovative Investment Option An Analysis E-gold as an Effective and Innovative Investment Option An Analysis Suganth Subramanian* Dr. K. Mohan ** ABSTRACT The digital innovations in the financial sector specifically banking and capital markets

More information

Factors Influencing Gold Consumption for Savings and Investments by People in the Bangkok Metropolitan Area

Factors Influencing Gold Consumption for Savings and Investments by People in the Bangkok Metropolitan Area 3(7): 58-52 (21) Factors Influencing Gold Consumption for Savings and Investments by People in the Bangkok Metropolitan Area Kulkanya Napompech, King Mongkut s Institute of Technology, Ladkrabang, Thailand

More information

DIVERSIFY YOUR RETIREMENT SAVINGS WITH A PRECIOUS METALS IRA

DIVERSIFY YOUR RETIREMENT SAVINGS WITH A PRECIOUS METALS IRA DIVERSIFY YOUR RETIREMENT SAVINGS WITH A PRECIOUS METALS IRA Contact Us: 800.418.0235 IRA@APMEX.COM CAUTIONARY STATEMENT 2 This information is for informational purposes only and is not to be relied on

More information

Ruling the Roost Precious Metals

Ruling the Roost Precious Metals Ruling the Roost Precious Metals Thought Paper www.infosys.com/finacle Universal Banking Solution Systems Integration Consulting Business Process Outsourcing Ruling the roost precious metals Over the past

More information

Gold is the world s oldest international. Is It Wise to Invest in Gold Now?

Gold is the world s oldest international. Is It Wise to Invest in Gold Now? BFSI Gold FOCUS Is It Wise to Invest in Gold Now? Gold has been a lot in the news recently. We have had the union finance minister asking investors to shy away from gold investments, the import duty on

More information

A Study on Consumer Perception Regarding Birla Sun Life Mutual Fund, Jalandhar

A Study on Consumer Perception Regarding Birla Sun Life Mutual Fund, Jalandhar A Study on Consumer Perception Regarding Birla Sun Life Mutual Fund, Jalandhar 1 Khurshid Ahmad Bhat, 2 Ruchi Singh Maurya 1 Awadhesh Pratap Singh University, Rewa, Madhya Pradesh, India, 2 College of

More information

GRIEVANCES AND REDRESSAL OF INVESTORS IN INDIAN CAPITAL MARKET WITH REGARD TO COIMBATORE CITY

GRIEVANCES AND REDRESSAL OF INVESTORS IN INDIAN CAPITAL MARKET WITH REGARD TO COIMBATORE CITY GRIEVANCES AND REDRESSAL OF INVESTORS IN INDIAN CAPITAL MARKET WITH REGARD TO COIMBATORE CITY Mrs. R. Vennila Assistant Professor, Student, B.Com, Department of Commerce, Sri Krishna Arts and Science College,

More information

APPENDIX - I VOLATILITY IN STOCK PRICES AND ITS IMPLICATIONS FOR INVESTMENT DECISIONS OF INDIVIDUAL PLAYERS. (Doctoral Research Periyar University)

APPENDIX - I VOLATILITY IN STOCK PRICES AND ITS IMPLICATIONS FOR INVESTMENT DECISIONS OF INDIVIDUAL PLAYERS. (Doctoral Research Periyar University) APPENDIX - I Code No. VOLATILITY IN STOCK PRICES AND ITS IMPLICATIONS FOR INVESTMENT DECISIONS OF INDIVIDUAL PLAYERS (Doctoral Research Periyar University) I. Identification: QUESTIONNAIRE 1.1. Name* :

More information

ADDITIONAL (ASX DESCRIPTION CODE: ZGOL) AND THE DATE

ADDITIONAL (ASX DESCRIPTION CODE: ZGOL) AND THE DATE HEADLINE GOES ANZ HERE ETFS PHYSICAL ONE LINE GOLD OR TWO ETF ADDITIONAL (ASX DESCRIPTION CODE: ZGOL) AND THE DATE THE EXCHANGE TRADED FUND THAT S AS GOOD AS GOLD 1 WHAT IS ANZ ETFS PHYSICAL GOLD ETF?

More information

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. ECON 4110: Sample Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Economists define risk as A) the difference between the return on common

More information

A STUDY ON ASSET AND LIABILITY MANAGEMENT IN ICICI BANK

A STUDY ON ASSET AND LIABILITY MANAGEMENT IN ICICI BANK A STUDY ON ASSET AND LIABILITY MANAGEMENT IN ICICI BANK Salvin Surjith FP* N. Sathyanarayana** Abstract: Assets and Liabilities Management (ALM) is a dynamic process of planning, organizing, coordinating

More information

Balanced fund: A mutual fund with a mix of stocks and bonds. It offers safety of principal, regular income and modest growth.

Balanced fund: A mutual fund with a mix of stocks and bonds. It offers safety of principal, regular income and modest growth. Wealth for Life Glossary Aggressive growth fund: A mutual fund that aims for the highest capital gains. They often invest in smaller emerging companies that offer maximum growth potential. Adjustable Rate

More information

Chapter 1 The Investment Setting

Chapter 1 The Investment Setting Chapter 1 he Investment Setting rue/false Questions F 1. In an efficient and informed capital market environment, those investments with the greatest return tend to have the greatest risk. Answer: rue

More information

Mutual Fund Investing Exam Study Guide

Mutual Fund Investing Exam Study Guide Mutual Fund Investing Exam Study Guide This document contains the questions that will be included in the final exam, in the order that they will be asked. When you have studied the course materials, reviewed

More information

THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT

THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT Investment in Gold in Indian Scenario Priti Aggarwal Assistant Professor, Delhi University, Delhi, India Abstract: Gold has been the most preferred investment

More information

Crafting a Forward Looking Investment Portfolio

Crafting a Forward Looking Investment Portfolio BOURSE SECURITIES LIMITED February 15th, 2016 Crafting a Forward Looking Investment Portfolio This week, we at Bourse evaluate the investment considerations and opportunities having looked previously at

More information

Why you should Buy Precious Metals...now. Taxes * Investments * Insurance

Why you should Buy Precious Metals...now. Taxes * Investments * Insurance Why you should Buy Precious Metals...now Taxes * Investments * Insurance 1 Edward G. Rizzotto, Owner 2 Why you should Buy Precious Metals...now Agenda: Precious Metal Asset Class Benefits to you Precious

More information

On the long run relationship between gold and silver prices A note

On the long run relationship between gold and silver prices A note Global Finance Journal 12 (2001) 299 303 On the long run relationship between gold and silver prices A note C. Ciner* Northeastern University College of Business Administration, Boston, MA 02115-5000,

More information

Q&A s. Would it be better to contribute to my Roth or traditional IRA this year? I have $5,000 which I could contribute.

Q&A s. Would it be better to contribute to my Roth or traditional IRA this year? I have $5,000 which I could contribute. Q&A s Question & Answer Categories: IRA IRA Investing Misc. Mutual funds & ETFs Other investments Would it be better to contribute to my Roth or traditional IRA this year? I have $5,000 which I could contribute.

More information

Investing in Precious Metals Just because it shines, doesn t mean it is good. By: Dennis J. Gerschick CFA, CPA, PFS, Attorney

Investing in Precious Metals Just because it shines, doesn t mean it is good. By: Dennis J. Gerschick CFA, CPA, PFS, Attorney Investing in Precious Metals Just because it shines, doesn t mean it is good By: Dennis J. Gerschick CFA, CPA, PFS, Attorney Dennis J. Gerschick CPA since 1980 Attorney since 1983 CFA since 1990 Has managed

More information

There are two types of returns that an investor can expect to earn from an investment.

There are two types of returns that an investor can expect to earn from an investment. Benefits of investing in the Stock Market There are many benefits to investing in shares and we will explore how this common form of investment can be an effective way to make money. We will discuss some

More information

A Study of the Relation Between Market Index, Index Futures and Index ETFs: A Case Study of India ABSTRACT

A Study of the Relation Between Market Index, Index Futures and Index ETFs: A Case Study of India ABSTRACT Rev. Integr. Bus. Econ. Res. Vol 2(1) 223 A Study of the Relation Between Market Index, Index Futures and Index ETFs: A Case Study of India S. Kevin Director, TKM Institute of Management, Kollam, India

More information

ALTERNATIVE INVESTMENTS. Understanding their role in a portfolio

ALTERNATIVE INVESTMENTS. Understanding their role in a portfolio ALTERNATIVE INVESTMENTS Understanding their role in a portfolio What are alternative investments? What role can they play in today s approach to portfolio planning and asset allocation? While opinions

More information

Why Managed Funds Are One of Your Best Investment Options

Why Managed Funds Are One of Your Best Investment Options Why Managed Funds Are One of Your Best Investment Options What Is A Managed Investment Fund and What are its Advantages? Managed funds are collective investments where a number of investors pool their

More information

Frequently Asked Questions on Derivatives Trading At NSE

Frequently Asked Questions on Derivatives Trading At NSE Frequently Asked Questions on Derivatives Trading At NSE NATIONAL STOCK EXCHANGE OF INDIA LIMITED QUESTIONS & ANSWERS 1. What are derivatives? Derivatives, such as futures or options, are financial contracts

More information

Guide to Investment Risk

Guide to Investment Risk Guide to Investment Risk What is risk? Risk is another word for uncertainty. While all investments carry an element of risk, the amount of risk you take directly affects any potential returns and losses.

More information

8.21 % 85.6 % 70 % 17.8 % 5 MUST-KNOW FACTS ON FTSE100 RUPEE DENOMINATED. world s equity Market-cap. UK s equity Market capitalization

8.21 % 85.6 % 70 % 17.8 % 5 MUST-KNOW FACTS ON FTSE100 RUPEE DENOMINATED. world s equity Market-cap. UK s equity Market capitalization 5 MUST-KNOW FACTS ON FTSE100 8.21 % world s equity Market-cap 85.6 % UK s equity Market capitalization 100 largest UK listed blue-chip companies 70 % of FTSE100 represented by MNC s 17.8 % 3 years return

More information

A STUDY ON PERFORMANCE OF UNIT-LINKED INSURANCE PLANS (ULIP) OFFERED BY INDIAN PRIVATE INSURANCE COMPANIES

A STUDY ON PERFORMANCE OF UNIT-LINKED INSURANCE PLANS (ULIP) OFFERED BY INDIAN PRIVATE INSURANCE COMPANIES A STUDY ON PERFORMANCE OF UNIT-LINKED INSURANCE PLANS (ULIP) Dr. G Nagarajan * Mr. A. Asif Ali ** Mr. N. Sathyanarayana** OFFERED BY INDIAN PRIVATE INSURANCE COMPANIES Abstract: Indian Insurance Industry

More information

Customer Investment Profile

Customer Investment Profile Customer Name: Account Number: Contact Number: The purpose of this investment profile form is for us to better understand your financial means, investment experience, investment objectives and general

More information

Consumer Attitude and Perception of Mobile Phone Service Providers in Nagapattinam District

Consumer Attitude and Perception of Mobile Phone Service Providers in Nagapattinam District Volume: 2, Issue: 7, 673-678 Aug 2015 www.allsubjectjournal.com e-issn: 2349-4182 p-issn: 2349-5979 Impact Factor: 3.762 A. Muthukumaran Part-Time Research Scholar, Assistant Professor of Commerce, A.V.C.

More information

IJMSS Vol.03 Issue-04, (April, 2015) ISSN: 2321-1784 International Journal in Management and Social Science (Impact Factor- 3.25)

IJMSS Vol.03 Issue-04, (April, 2015) ISSN: 2321-1784 International Journal in Management and Social Science (Impact Factor- 3.25) (Impact Factor- 3.25) RISK AND RETURN ASSOCIATED WITH EQUITY SHARES-A COMPARATIVE ANALYSIS OF SELECTED BANKS AND IT COMPANIES Dr.B.Percy Bose, Associate professor and Head, Department of MFA, Jyoti Nivas

More information

A Study on Investor Pattern on various Financial Instruments With reference to Twin cities of Hyderabad

A Study on Investor Pattern on various Financial Instruments With reference to Twin cities of Hyderabad A Study on Investor Pattern on various Financial Instruments With reference to Twin cities of Hyderabad J.P.Senthil Kumar Associate Professor, TKR Institute of Management & Science. ABSTRACT: The Present

More information

Types of Stock. Common Stock most common form of stock. Preferred Stock. Companies may customize other classes of stock.

Types of Stock. Common Stock most common form of stock. Preferred Stock. Companies may customize other classes of stock. Stock Market Basics What are Stocks? Stock is ownership in a publicly traded company. Stock is a claim on the company s assets and earnings. The more stock you have, the greater your claim as an owner.

More information

Deutsche Gold & Precious Metals Fund (formerly DWS Gold & Precious Metals Fund)

Deutsche Gold & Precious Metals Fund (formerly DWS Gold & Precious Metals Fund) Summary Prospectus March, 205 Deutsche Gold & Precious Metals Fund (formerly DWS Gold & Precious Metals Fund) Class/Ticker A SGDAX B SGDBX C SGDCX INST SGDIX S SCGDX Before you invest, you may want to

More information

INTRODUCTION TO BETASHARES YIELD MAXIMISER FUNDS ASX CODE: YMAX (Australian Equities) & UMAX (US Equities)

INTRODUCTION TO BETASHARES YIELD MAXIMISER FUNDS ASX CODE: YMAX (Australian Equities) & UMAX (US Equities) ASX CODE: YMAX (Australian Equities) & UMAX (US Equities) www.betashares.com.au One of the more enduring investment themes in recent times has been the desire for income combined with less volatility.

More information

INVESTMENT DICTIONARY

INVESTMENT DICTIONARY INVESTMENT DICTIONARY Annual Report An annual report is a document that offers information about the company s activities and operations and contains financial details, cash flow statement, profit and

More information

TRADING PRACTICES IN EQUITY MARKET AMONG RETAIL INVESTORS WITH SPECIFIC REFERENCE TO CHENNAI CITY

TRADING PRACTICES IN EQUITY MARKET AMONG RETAIL INVESTORS WITH SPECIFIC REFERENCE TO CHENNAI CITY EPRA International Journal of Economic and Business Review Inno Space (SJIF) Impact Factor : 4.618(Morocco) e-issn : 2347-9671, p- ISSN : 2349-0187 Vol - 3, Issue- 7, July 2015 ISI Impact Factor : 1.259

More information

Volume 2, Issue 3, March 2014 International Journal of Advance Research in Computer Science and Management Studies

Volume 2, Issue 3, March 2014 International Journal of Advance Research in Computer Science and Management Studies Volume, Issue 3, March 014 International Journal of Advance Research in Computer Science and Management Studies Research Article / Paper / Case Study Available online at: www.ijarcsms.com Mutual Funds

More information

Cautionary Statement

Cautionary Statement Cautionary Statement This presentation contains certain "forward-looking statements", including, but not limited to, the statements regarding each of Minera Andes Inc., US Gold Corporation, Lexam Explorations

More information

Answers to Concepts in Review

Answers to Concepts in Review Answers to Concepts in Review 1. Puts and calls are negotiable options issued in bearer form that allow the holder to sell (put) or buy (call) a stipulated amount of a specific security/financial asset,

More information

THE ASSOCIATED PRESS-CNBC INVESTORS SURVEY CONDUCTED BY KNOWLEDGE NETWORKS

THE ASSOCIATED PRESS-CNBC INVESTORS SURVEY CONDUCTED BY KNOWLEDGE NETWORKS 1350 Willow Rd, Suite 102 Menlo Park, CA 94025 www.knowledgenetworks.com Interview dates: August 26 September 08, 2010 Interviews: 1,035 adults who own stocks, bonds or mutual funds Sampling margin of

More information

Interest Rates and Inflation: How They Might Affect Managed Futures

Interest Rates and Inflation: How They Might Affect Managed Futures Faced with the prospect of potential declines in both bonds and equities, an allocation to managed futures may serve as an appealing diversifier to traditional strategies. HIGHLIGHTS Managed Futures have

More information

THE OVERVIEW OF GOLD ETFS AND ITS VARIOUS POSITIVE FEATURES

THE OVERVIEW OF GOLD ETFS AND ITS VARIOUS POSITIVE FEATURES THE OVERVIEW OF GOLD ETFS AND ITS VARIOUS POSITIVE FEATURES MOHDSALEEM*; MATLOOBULLAH KHAN** *ASSISTANT PROFESSOR VAG MANAGEMENT SERVICES, DDE SIKKIM MANIPAL UNIVERSITY, NEW DELHI, INDIA **RESEARCH SCHOLAR,

More information

A New Era of Currency Derivatives Market in India

A New Era of Currency Derivatives Market in India IOSR Journal of Economics and Finance (IOSR-JEF) e-issn: 2321-5933, p-issn: 2321-5925.Volume 6, Issue 3. Ver. III (May.-Jun. 2015), PP 36-40 www.iosrjournals.org A New Era of Currency Derivatives Market

More information

Understanding Margins

Understanding Margins Understanding Margins Frequently asked questions on margins as applicable for transactions on Cash and Derivatives segments of NSE and BSE Jointly published by National Stock Exchange of India Limited

More information

International Journal of Advancements in Research & Technology, Volume 1, Issue6, November-2012 1 ISSN 2278-7763. Investment Avenues

International Journal of Advancements in Research & Technology, Volume 1, Issue6, November-2012 1 ISSN 2278-7763. Investment Avenues International Journal of Advancements in Research & Technology, Volume 1, Issue6, November-2012 1 Investment Avenues - Dr. Priyanka Jain Investors are a heterogeneous group, they may be large or small,

More information

Investment Attitude in Gold- An Investors Perspective

Investment Attitude in Gold- An Investors Perspective IOSR Journal Of Humanities And Social Science (IOSR-JHSS) Volume 19, Issue 12, Ver. I (Dec. 2014), PP 32-36 e-issn: 2279-0837, p-issn: 2279-0845. Investment Attitude in Gold- An Investors Perspective 1

More information

CURRENCY FUTURES IN INDIA WITH SPECIAL REFERENCE TO CURRENCY FUTURES TRADED AT NSE

CURRENCY FUTURES IN INDIA WITH SPECIAL REFERENCE TO CURRENCY FUTURES TRADED AT NSE CURRENCY FUTURES IN INDIA WITH SPECIAL REFERENCE TO CURRENCY FUTURES TRADED AT NSE Vinayak R. Gramopadhye Assistant professor, ASM s Institute of International Business and Research, Pimpri, Pune-18 Abstract

More information

SUGGESTION OF SPECULATION SHARES PRICING MODEL TO LIMIT FINANCIAL MARKET CRISES

SUGGESTION OF SPECULATION SHARES PRICING MODEL TO LIMIT FINANCIAL MARKET CRISES European Journal of Business and Social Sciences, Vol. 3, No. 12, March 2015. P.P. 28 38 URL: http://www.ejbss.com/recent.aspx/ ISSN: 2235 767X SUGGESTION OF SPECULATION SHARES PRICING MODEL TO LIMIT FINANCIAL

More information

BASKET A collection of securities. The underlying securities within an ETF are often collectively referred to as a basket

BASKET A collection of securities. The underlying securities within an ETF are often collectively referred to as a basket Glossary: The ETF Portfolio Challenge Glossary is designed to help familiarize our participants with concepts and terminology closely associated with Exchange- Traded Products. For more educational offerings,

More information

Steve Meizinger. FX Options Pricing, what does it Mean?

Steve Meizinger. FX Options Pricing, what does it Mean? Steve Meizinger FX Options Pricing, what does it Mean? For the sake of simplicity, the examples that follow do not take into consideration commissions and other transaction fees, tax considerations, or

More information

Financial Planning Questionnaire

Financial Planning Questionnaire Form No. (To be filled in by FPSB India) Financial Planning Questionnaire Candidate s Name FPSBI No. / NCFM No. Candidate s Signatures Mode of Registration Education Provider Name of the Education Provider

More information

ALTERNATIVE INVESTMENTS. Understanding their role in a portfolio

ALTERNATIVE INVESTMENTS. Understanding their role in a portfolio ALTERNATIVE INVESTMENTS Understanding their role in a portfolio WHAT ARE ALTERNATIVE INVESTMENTS? What role can they play in today s approach to portfolio planning and asset allocation? While opinions

More information

MLC MasterKey Unit Trust Product Disclosure Statement (PDS)

MLC MasterKey Unit Trust Product Disclosure Statement (PDS) MLC MasterKey Unit Trust Product Disclosure Statement (PDS) Preparation date 1 July 2014 Issued by MLC Investments Limited (MLC) ABN 30 002 641 661 AFSL 230705 This information is general and doesn t take

More information

Understanding Margins. Frequently asked questions on margins as applicable for transactions on Cash and Derivatives segments of NSE and BSE

Understanding Margins. Frequently asked questions on margins as applicable for transactions on Cash and Derivatives segments of NSE and BSE Understanding Margins Frequently asked questions on margins as applicable for transactions on Cash and Derivatives segments of NSE and BSE Jointly published by National Stock Exchange of India Limited

More information

Investing. Mutual Fund. ABC Company 123 Main Street Anywhere, USA 12345 www.sampleabccompany.com 800.123.4567

Investing. Mutual Fund. ABC Company 123 Main Street Anywhere, USA 12345 www.sampleabccompany.com 800.123.4567 Mutual Fund Investing Your promotional imprint here and/or back cover. ABC Company 123 Main Street Anywhere, USA 12345 www.sampleabccompany.com 800.123.4567 Mutual funds are one of the most popular ways

More information

Performance Analysis of Growth Oriented Equity Diversified Mutual Fund Schemes Using Sortino Ratio

Performance Analysis of Growth Oriented Equity Diversified Mutual Fund Schemes Using Sortino Ratio Performance Analysis of Growth Oriented Equity Diversified Mutual Fund Schemes Using Sortino Ratio 1 Dr. S. Poornima, Associate Professor, Department of Business Management, P.S.G.R. Krishnammal College

More information

Summary Prospectus October 28, 2014

Summary Prospectus October 28, 2014 OPPENHEIMER Gold & Special Minerals Fund NYSE Ticker Symbols Class A OPGSX Class B OGMBX Class C OGMCX Class R OGMNX Class Y OGMYX Class I OGMIX Summary Prospectus October 28, 2014 Before you invest, you

More information

Sprott Gold Miners ETF Portfolio Insights

Sprott Gold Miners ETF Portfolio Insights When the price of gold was higher, many gold companies pursued growth and acquisition strategies that are no longer realistic in the current gold price environment. In Sprott s experience, many investors

More information

Financial Planning in a Low Interest Rate Environment: The Good, the Bad and the Potentially Ugly

Financial Planning in a Low Interest Rate Environment: The Good, the Bad and the Potentially Ugly Financial Planning in a Low Interest Rate Environment: The Good, the Bad and the Potentially Ugly In June of 2012, the 10 year Treasury note hit its lowest rate level in history when it fell to 1.62%.

More information

NATURE AND SPECIFIC RISKS OF THE MAIN FINANCIAL INSTRUMENTS

NATURE AND SPECIFIC RISKS OF THE MAIN FINANCIAL INSTRUMENTS NATURE AND SPECIFIC RISKS OF THE MAIN FINANCIAL INSTRUMENTS The present section is intended to communicate to you, in accordance with the Directive, general information on the characteristics of the main

More information

PERCEPTION OF SENIOR CITIZEN RESPONDENTS AS TO REVERSE MORTGAGE SCHEME

PERCEPTION OF SENIOR CITIZEN RESPONDENTS AS TO REVERSE MORTGAGE SCHEME CHAPTER- V PERCEPTION OF SENIOR CITIZEN RESPONDENTS AS TO REVERSE MORTGAGE SCHEME 5.1 Introduction The present study intended to investigate the senior citizen s retirement planning and their perception

More information

Diversified Managed Allocations

Diversified Managed Allocations Diversified Managed Allocations Multi-strategy portfolios with a focus on flexibility Is this program right for you? DMA is designed for investors who: Want experienced, professional money managers to

More information

An Investors Guide To Precious Metals

An Investors Guide To Precious Metals An Investors Guide To Precious Metals 7033 E. Greenway Pkwy #280 Scottsdale, Arizona 85254 CALL US NOW! Toll Free 1.800.899.3558 Phone: 480-447-5202 Precious Metals: The Smart Choice For Your Portfolio

More information

Goals. Investment Companies. History. Closed versus Open Funds

Goals. Investment Companies. History. Closed versus Open Funds Goals Investment Companies Economics 71a: Spring 2007 Mayo 17, Malkiel 8 Lecture 4.8 History Closed and open funds Performance and fees Types of funds Index funds ETF s Hedge funds How well do funds perform?

More information

ANDERSON UNIVERSITY INVESTMENT POLICY

ANDERSON UNIVERSITY INVESTMENT POLICY ANDERSON UNIVERSITY INVESTMENT POLICY I. General Investment Objectives A. The primary objective for investment of all funds of the university is to provide an adequate flow of resources sufficient to meet

More information

Market Linked Certificates of Deposit

Market Linked Certificates of Deposit Market Linked Certificates of Deposit This material was prepared by Wells Fargo Securities, LLC, a registered brokerdealer and separate non-bank affiliate of Wells Fargo & Company. This material is not

More information

MODULE 3 THE NEXT BIG THING

MODULE 3 THE NEXT BIG THING INVESTING: STOCKS, BONDS & MUTUAL FUNDS This lesson has students learning about stocks, bonds, and mutual funds. The concepts of risk and reward, and return on investment (ROI) are explored. The FIT Work

More information

Motives and Origins of Gold Ownership among Private Individuals in Germany

Motives and Origins of Gold Ownership among Private Individuals in Germany STEINBEIS UNIVERSITY BERLIN Motives and Origins of Gold Ownership among Private Individuals in Germany KLEINE Financial Study Munich, October 2011 Steinbeis Research Center for Financial Services Rossmarkt

More information

The Role of Central Fund

The Role of Central Fund 42nd ANNUAL REPORT OCTOBER 31, 2003 The Role of Central Fund To serve investors as The Sound Monetary Fund. To hold gold and silver bullion on a secure basis for the convenience of investors in the shares

More information

A Comparative Analysis of Investor s Risk Perceptions towards Public & Selected Private Life Insurers in Jabalpur District of Madhya Pradesh.

A Comparative Analysis of Investor s Risk Perceptions towards Public & Selected Private Life Insurers in Jabalpur District of Madhya Pradesh. A Comparative Analysis of Investor s Risk Perceptions towards Public & Selected Private Life Insurers in Jabalpur District of Madhya Pradesh Dr. Anshuja Tiwari & Ms. Babita Yadav Abstract The deregulation

More information

How Gold Improves Alternative Asset

How Gold Improves Alternative Asset How Gold Improves Alternative Asset Performance Alternative investments began gaining traction during the inflationary times of the late 1970s and early 1980s. Modern Portfolio Theory (MPT), as outlined

More information

AN EMPIRICAL EVALUATION OF MONEY TRANSFER SERVICES IN INDIA

AN EMPIRICAL EVALUATION OF MONEY TRANSFER SERVICES IN INDIA 186 AN EMPIRICAL EVALUATION OF MONEY TRANSFER SERVICES IN INDIA DR.M.LATHA NATARAJAN*; DR. M.G.SARAVANARAJ**; R. SERANMADEVI*** ABSTRACT *Head/Professor, Department of Management Studies, Vivekanandha

More information

Investors Attitudes towards Stock Market Investment

Investors Attitudes towards Stock Market Investment International Journal of scientific research and management (IJSRM) Volume 3 Issue 7 Pages 3356-3362 2015 \ Website: www.ijsrm.in ISSN (e): 2321-3418 Investors Attitudes towards Stock Market Investment

More information