PPT-Mutual Fund Due Diligence

Presented to FIRMA By R James Hrabak CFA March 28 2012 About the Presenter R James Jim Hrabak is Chief Investment Officer for MB Financial Banks Asset Management amp Trust Group where he is responsible for over 3 billion in assets under administration and nearly 18 billion in assets under management His team of three Portfolio Managers and five Securities Analysts specialize in asset allocation portfolio construction and security selection for individual and institutional clients. Your Offensive Line, Your Offensive Weapon. Care and diligence bring luck. . . Thomas Fuller.  . Why Due Diligence is Important. Returns are positively correlated to hours spent on due diligence. What is the right amount of due diligence?. Integrating In-house Technology and Outside Services Providers. Agenda. Brief Introduction of Speakers. Evolving Third-Party Risk Management Standards. Engaging Third-Party Providers. Q&A. Today’s Evolving Standards. Definition. A trust that pools the savings of investors who share a common financial goal is known as mutual fund. The money collected is then invested in financial instruments such as shares, debentures and other securities .The income and capital appreciation realized are shared by its unit holders in proportion to the number of units owned by them.. Jennifer Guest. Project Engineer. Tetra Tech. P: (734) 213-5057. E: jennifer.guest@tetratech.com. What has happened to date. EU legislative process. Comparison of EU to US conflict minerals requirements. The fundamental flaw in most mutual funds, . Hebner. says, is that even well-educated portfolio managers with huge research budgets can't pick winners consistently enough to beat the market over time. Yes, by the luck of the draw, about a third of mutual funds will beat the indices each year. But last year's winners are often this year's losers. When you look at long-term performance, only a handful of funds beat the indices. And there's no tried-and-true way of picking these funds in advance.. R. esponsible . M. ineral . S. upply Chains. Hannah Koep-Andrieu. Policy Adviser, Extractives. Responsible Business Conduct Unit. Demand for responsibly produced minerals. Political. Legal . G8/7. . Goals for Presentation. Basic framework of acquisition and divestment of oil and gas properties . Letter of Intent and Purchase and Sale Agreement. Due Diligence Review. Mechanics and strategy for a successful review. 2. What We Will Cover. What is a Mutual Fund?. Advantages and Disadvantage of Mutual Funds. Costs of Mutual Funds. Types of Mutual Funds. ETFs. Buying a Mutual Fund. 3. What is a Mutual Fund?. Investors pool their money. Open-End. Closed-End. (. Stock trades on secondary market; Net asset value (NAV) is determined daily, but market price determined by supply and demand). - ETFs (Exchange Traded Funds). Mutual Funds. What is a Mutual Fund?. Professionally managed group of investments bought using a pool of money from many investors. What factor is the driving force behind the type of investments purchased for a mutual fund?. PG and Research Department of Commerce,. BON SECOURS COLLEGE FOR WOMEN, Thanjavur.. Contents . INSTITUTIONS INVOLVED IN MUTUAL FUND:. - UTI. - LIC. - COMMERCIAL BANKS. INSTITUTION INVOLVED IN MUTUAL FUND . PG . & RESREACH DEPARTMENT OF COMMERCE, . BON SECOURS COLLEGE FOR WOMEN, THANJAVUR. Contents. SEBI GUIDELINES REGARDING MUTUAL FUND INVESTMENTS. The regulator for markets in India, . SEBI (Securities and Exchange Board of India), . (OECD Guidance). Establish strong management systems. Content. Definition. Benefits of doing due diligence. OECD Step 1: Establish a strong management system. 3Ps checklist . Other tools and training available. Mutual Fund Due Diligence Presented to FIRMA By R. James Hrabak, CFA March 28, 2012 About the Presenter R. James “Jim” Hrabak is Chief Investment Officer for MB Financial Bank’s Asset Management & Trust Group, where he is responsible for