1 / 12

INTERNATIONAL MUTUAL FUNDS

INTERNATIONAL MUTUAL FUNDS. International Mutual Funds are funds that invest in non-domestic security markets throughout the world. They allow greater diversification, and allow you to capitalize on some of the world’s best opportunities. . INTERNATIONAL MUTUAL FUND POLICY.

eytan
Download Presentation

INTERNATIONAL MUTUAL FUNDS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. INTERNATIONAL MUTUAL FUNDS International Mutual Funds are funds that invest in non-domestic security markets throughout the world. They allow greater diversification, and allow you to capitalize on some of the world’s best opportunities.

  2. INTERNATIONAL MUTUAL FUND POLICY International funds have increased in popularity due to reduced trade restrictions and expansion of economies, causing growth in various parts of the world. Best policy mix is 70% domestic and 30% international mutual funds.

  3. EXAMPLE OF INTERNATIONAL MUTUAL FUND:JPMORGAN RUSSIA R5JRURX

  4. JRURX morningstar style box

  5. JrurxNET ASSET VALUE (NAV) • THE NET ASSET VALUE IS CALCULATED BY: MARKET VALUE OF ASSETS – LIABILITIES/ FUND SHARES OUTSTANDING • THE NAV FOR JPMORGAN RUSSIA R5 INTERNATIONAL FUND IS 10.77. • THIS IS A CLOSED END FUND WITH THE LAST CLOSE PRICE AT $10.80.

  6. JRURX ALLOCATIONS • Three sectors make up over 62% of the allocations for JRURX they are:  • Oil & Gas  23.39% • Basic Materials 20.31% • Telecommunications 18.73%1

  7. JRURX strategy The investment seeks long-term capital growth. The fund normally invests at least 80% of assets in equity securities of Russian companies or instruments that have similar economic characteristics. It may invest up to 20% of assets in debt securities issued by governmental entities and private issuers. The fund is nondiversified.

  8. JRURX HOLDINGS • Top 10 Holdings include:  • NameSymbol# of shares % of Holdings • Sberbank Rossii OAO AKSJF 1.2 Million 11.17% • Gazprom OAO OGZPY .1 Million 8.57% • GMK Noril skiy nikel OAO NILSY .1 Million 7.81% • Mobil nye Telesistemy OAO MBT .0 Million 7.38% • Vympel-Kommunikatsii OAO VIP .1 Million 5.84% • Tatneft imeni V.D. Shashina OAO OAOFY .0 Million 4.40% • AFK Sistema OAO JSFCF .1 Million 4.11% • JPMorgan Prime Money Market Fund ------- 1.1 Million 4.08% • X5 Retail Group NV ------- .0 Million 3.88% • Magnitogorskiy Metallurgicheskiy Kombinat OAO ------- .1 Million 3.41% 

  9. JrUrxhistorical prices3-2007 to 2-2010

  10. JrUrxInvestment Risks • Equity Market Risk • changes in the broad market or changes in a company’s financial condition • Foreign Securities and Emerging Markets Risk • subject to special risks in addition to those of U.S. investments • Geographic Focus Risk • the Fund’s performance may be subject to greater volatility than a more geographically diversified fund

  11. JrUrxInvestment Risks • Depositary Receipt Risk • Fund’s investments may take the form of depositary receipts, including unsponsored depositary receipts • Convertible Securities Risk • The value of convertible securities tends to decline as interest rates rise and, because of the conversion feature, tends to vary with fluctuations in the market value of the underlying securities • ETF and Investment Company Risk • Fund may invest in shares of another investment company

  12. CAUTION: WHEN BUYING INTERNATIONAL FUNDS Profitable investments in rising funds can lose money if foreign currency rises against the dollar. You need to factor in foreign exchange currency fluctuations in investment returns

More Related