Salams
I am an investment advisor at UBL FUND MANAGERS, The only AM2+ rated asset management company in Pakistan. Pakistan’s Mutual funds industry is growing rapidly (Growth of 120 billion rs in the last few months) however there is still lack of awareness among investors. Investors only believe in investing in real estate and cars (tangible assets), what they don’t realize is the capital growth that is available in the mutual funds industry. With Pakistan’s market in the top 3 markets of the world it is wise to invest in stocks for the long haul. I wanted to discuss some investment opportunities (With high returns upto 35%) with you guys if given the time. We deal with 23 different mutual funds and several investment plans from conventional to Islamic. You can also avail tax rebate upto 50% !! Storing money in banks is useless and the rates given wont even meet inflation as interest rates are going further down.A very good opportunity indeed to start investing in Mutual funds (530Billion rs industry).I would like the chance to be able to discuss this with you in more details and persuade you. We will help you beat inflation ! I have been dealing with several high net worth clients, so i know what advice i give is to the best of my knowledge. Give me an email or contact me on my cell if you are interested or want to know more. Also share your views in this post so that others who have no knowledge of investment in such funds are made aware. Mutual funds is basically a pool of money that is invested in income market,equity, debt and commodity market. It is a very lucarative industry and will stand to be,
Yahya Hassan Khan
0334-2791007
[email protected]
Re: Mutual Funds
Thank you, Mr. Khan. You may be violating some rules by advertising your phone and email id.
Chicken Biryani may want to look into this.
Re: Mutual Funds
Could you clarify what you mean by Pakistan is the top 3 markets in the world? Are you referring to total returns? If so, over WHAT period
You stated you are offering returns of 35 pct - over what time? Do you mean annual returns? Don't you think that is very high? What are the risks associated with this opportunity?
You say storing money in banks is useless since rates are going down? Will they keep going down? How do u make such a confident assertion
Why haven't you spoken about asset allocation?
Re last sentence mutual fund is a very lucrative industry for whom?
Re: Mutual Funds
I'll take my chances with the Ruble over investing in Pakistan tangible or not.
Re: Mutual Funds
Thank you, Mr. Khan. You may be violating some rules by advertising your phone and email id.
Chicken Biryani may want to look into this.
Hi Southie, I didnot know i was violating the rules. Im sorry, Im trying to edit the post by removing my email id and cell number but it seems impossible. Please help me with this.
Re: Mutual Funds
Hi Southie, I didnot know i was violating the rules. Im sorry, Im trying to edit the post by removing my email id and cell number but it seems impossible. Please help me with this.
I am not sure myself. Was just checking. Sorry if thatvwas a false alarm
Re: Mutual Funds
Pakistan market has been ranked number 3 in the world in terms of performance last month
Pakistan ranked third amongst top 10 best performing markets in 2014: Bloomberg | Pakistan Today
I said upto 35% returns, which was shown over the year 2014 while investing in specified mutual funds dealing in equities. It was a great year for investing in stock market. This year shows huge improvements. All of these stock market returns depend on the market conditions. The risks while investing in stocks are high and one who is investing in stocks must understand that the investing period should be kept for the long term
The SBP has decreased the interest and discount rates which has ended up in lower rates given by banks. Government has announced another cut in the interest rate but has not specified when. Once this is implemented it will decrease the banks rates.
Asset allocation is another fund that is offered by us which has good returns and moderate risk. 60-70 percent of your investment is invested in tbills and PIBS while the remaining are invested in high grade equities. This gives you an exposure of the stock market without the full risk. A very good fund for capital growth. I didnot mention it as there are more than 20 funds and my job is to analyse the need of the investor first and then give them the recommendation and advice.
Mutual funds industry is very lucrative for the whole of Pakistan (It helps increase investors profits, helps increase the economy and its performance through continuous investments and helps increase employment rate)
Re: Mutual Funds
Thank you for responsse.
Yes investment should be over long term. But it is not clear to me why such pitches are made AFTER huge moves on the up side.
I guess asset allocation can be done with just one or two funds - we call them balanced funds I think. Or it is simply done by putting money in different buckets.
Re: Mutual Funds
Thank you for responsse.
Yes investment should be over long term. But it is not clear to me why such pitches are made AFTER huge moves on the up side.
I guess asset allocation can be done with just one or two funds - we call them balanced funds I think. Or it is simply done by putting money in different buckets.
Like warren buffet said about investments "Its never too late". The market will go up as we have huge chances of improvement. I myself have invested in stocks while the market was up. Its never too late. And yes you are correct about balanced funds. Some asset management companies offer asset allocation so you dont have to put your money in different baskets. Its done for you by the fund managers :)
Re: Mutual Funds
I'll take my chances with the Ruble over investing in Pakistan tangible or not.
Pakistan itself has the potential to be the best and right now with the iron, coal and gold reserves found in chiniot it will be a big up for the stock market and the economy with huge investment potential in Pakistan ! :)
Re: Mutual Funds
Like warren buffet said about investments "Its never too late". The market will go up as we have huge chances of improvement. I myself have invested in stocks while the market was up. Its never too late. And yes you are correct about balanced funds. Some asset management companies offer asset allocation so you dont have to put your money in different baskets. Its done for you by the fund managers :)
I agree abt ur comments on asset allocation. And that investing for long term is the way to go.
Having said that, promoting the idea of up to a (annual?) 35 pct return AFTER such a move seems bit I'll advised?
Note that Japan in 1984 was at 40000 Nikkei. Last I checked Nikki was at around 25000.
Us snp500 was at 1500 April 2000. Even from today's lofty level of 2096 that is only 33 pct return in last 15 years! With dividends extra of course.
When promoting funds, it is best to disclose the risks. And not just promote the rewards, IMHO.
Re: Mutual Funds
I agree abt ur comments on asset allocation. And that investing for long term is the way to go.
Having said that, promoting the idea of up to a (annual?) 35 pct return AFTER such a move seems bit I'll advised?
Note that Japan in 1984 was at 40000 Nikkei. Last I checked Nikki was at around 25000.
Us snp500 was at 1500 April 2000. Even from today's lofty level of 1996 that is only 33 pct return in last 15 years! With dividends extra of course.
When promoting funds, it is best to disclose the risks. And not just promote the rewards, IMHO.
yes you are right, i didnot disclose any wrong statements. I stated that the returns are upto 35% and not 35%. I will never illadvice anyone. The sentence upto 35% means that it can go upto that much. Last year our stock performed 33%, this month it just gave a 10% return (Not even annually).
Re: Mutual Funds
i myself invested around 50,000 rs last month and got a return of 5000 for that month. Which means 10%. Had i invested 50,000 rs last year in jan 2014 i wouldve had 66500rs at the end of dec 2014 (the stock fund gave 33% returns). It all depends on market risk and situation
Re: Mutual Funds
I agree - you have knot made statements that are not factually correct. In other words, last year return 33 pct. Jan 2015 return 10 pct. But the past is just a rear view mirror. And not a predictor of future returns.
AFTER the event, we can clearly see what HAS happened. Doesn't mean the return going forward will be the same. It can also be NEGATIVE. As was the case for the Nikkei from 1984 to now. Or for us markets from 2000 to 2012.
Promoting positive returns while not mentioning possibility of negative returns for a prolonged period - to me - is not keeping ur clients best interest.
a good financial advisor should provide the big picture taking into account clients needs and risk tolerance. And not just promote the positive parts. That would be speculation.
Re: Mutual Funds
I agree - you have knot made statements that are not factually correct. In other words, last year return 33 pct. Jan 2015 return 10 pct. But the past is just a rear view mirror. And not a predictor of future returns.
AFTER the event, we can clearly see what HAS happened. Doesn't mean the return going forward will be the same. It can also be NEGATIVE. As was the case for the Nikkei from 1984 to now. Or for us markets from 2000 to 2012.
Promoting positive returns while not mentioning possibility of negative returns for a prolonged period - to me - is not keeping ur clients best interest.
a good financial advisor should provide the big picture taking into account clients needs and risk tolerance. And not just promote the positive parts. That would be speculation.
WeWe access the needs of the investors before advising them. Like said it depends on the market. I suggest investing in stocks only if your investment period is 1-3 years. You willget capital growth if you invest in stocks or asset allocation. The higher the stocks go the lower it comes down. It is because of the regulatory bodies and policies. Without that the maker market will have no certainty. We know which stocks will go up and down but we are not a brokerage house therefore we donot give such information to clients because it Is called booking profit and against the ethics. That's why we are called investment advisors. We adjust your need first and theN Advice accordingly for a safe a healthy investment.
I opened this thread for discussion About mutual funds. OfcoUrse I will tell the details in the discussion. Writing all this in one post would mean a big thought out post. So I apologise if you thought I was misguiding anyone and just selling the product. I am bound by law and by my oath and ethics to provide the right advice. One wrong advice and I lose my job. That is why I have reputable and high networth clients Mashallah.
Re: Mutual Funds
Going by these calculations, someone who invested PKR.200,000 in 2012, how much profit would they be entitled to after one year?
i myself invested around 50,000 rs last month and got a return of 5000 for that month. Which means 10%. Had i invested 50,000 rs last year in jan 2014 i wouldve had 66500rs at the end of dec 2014 (the stock fund gave 33% returns). It all depends on market risk and situation
Re: Mutual Funds
WeWe access the needs of the investors before advising them. THAT WAS NOT CLEAR EARLIER. JOW EXACTLY DO U DO THAT? Like said it depends on the market. WHAT DOES THIS MEAN? THIS IS A VAGUE STATEMENT. I suggest investing in stocks only if your investment period is 1-3 years. THAT IS ACTUALLY TOO SHORT A TIME FRAME PER EXPERTS. You willget capital growth if you invest in stocks or asset allocation. YOU WILL GET CAPITAL GROWTH OR LOSS. YOU SEEM TO IGNORE THE LOSS PART. CONSISTENTLY. WHAT DOES INVEST IN ASSET ALLOCATION MEAN? The higher the stocks go the lower it comes down. UNCLEAR SENTENCE. It is because of the regulatory bodies and policies. WHAT DOES STOCKS COMING DOWN HAVE TO DO WITH REGULATORY BODIES AND POLICIES? Without that the maker market will have no certainty. We know which stocks will go up and down REALLY? HOW DO YOU KNOW THAT? but we are not a brokerage house therefore we donot give such information to clients because it Is called booking profit and against the ethics. That's why we are called investment advisors. We adjust your need first and theN Advice accordingly for a safe a healthy investment.SO FAR ALL I CAN DISCERN IS YOU ARE PUSHING STOCKS THAT HAVE BEEN UP. I opened this thread for discussion About mutual funds. OfcoUrse I will tell the details in the discussion. A LOT ONTO NAIVE INVESTORS. riting all this in one post would mean a big thought out post. YES. A RESPONSIBLE ORGANIZATION WONT SIMOLY TALK ABOUT PROMISING RETURNS. So I apologise if you thought I was misguiding anyone and just selling the product. I am bound by law and by my oath and ethics to provide the right advice. One wrong advice and I lose my job. That is why I have reputable and high networth clients Mashallah.
Thank you for your response. The reality is there are lots of gullible folks who think there is a shortcut. And when they read 35 pct in one year and 10 pct in one month, they get misled. In my opinion, your posts tend to serve that purpose. Whether that is your intent is not relevant. No one here knows you. So the way to establish credibility is to be transparent. Not just about the rewards. But the risk. I have responded in ALL CAPS next to your post.
Re: Mutual Funds
Post 16 makes no sense.
Re: Mutual Funds
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Re: Mutual Funds
Going by these calculations, someone who invested PKR.200,000 in 2012, how much profit would they be entitled to after one year?
The rates specified were of 2014, if you had invested in stock fund in 2014 the stated amount you wouldve had 266000 rs by the end of 2014(66000) rs profit. If you had invested at the start of jan 2015 you wouldve had 220000 rs because of the 10% return that was given.. :)