Latest news with #MutualFunds
Globe and Mail
3 hours ago
- Business
- Globe and Mail
Vanguard plans to launch its first active stock-picking ETFs
Passive-investment management leader Vanguard plans to launch its first actively managed U.S. stock exchange-traded funds this year, according to filings with regulators on Monday. The company, which pioneered low-cost, no-frills index-based investment products, intends to roll out ETF versions of three of its existing mutual funds. The funds will be managed by Wellington Management, according to the filings. While Vanguard has rolled out a handful of active bond ETFs, the new products mark its first push into stock-picking ETFs. They will target dividend growth, growth stock and value stock investment strategies, Vanguard said. There has been a torrent of new ETFs this year from asset managers trying to capture growing demand for actively managed ETFs that aim to outperform indexes. Actively managed ETFs arose around six years ago. The advent of this strategy in a more tax efficient and lower-cost ETF wrapper has attracted growing investor interest. Morningstar Direct calculates that there have been 630 new exchange-traded products so far this year, compared to 381 for the same period in 2024. Some 86 per cent of those launches were of actively managed strategies, according to a report published this month by JP Morgan Asset Management, which also found that active ETFs now account for some 37 per cent of total U.S. ETF inflows. 'Until now, Vanguard had been sitting out this rush,' said Jeff DeMaso, editor at the Independent Vanguard Advisor. DeMaso said he expects the new funds will attract a steady if not spectacular flow of assets. 'These are proven strategies,' he added. The new ETFs are 'building blocks that reflect our ... commitment to disciplined product development and investor outcomes,' said Ryan Barksdale, head of active equity product at Vanguard, in a statement.
Yahoo
6 hours ago
- Business
- Yahoo
Vanguard plans to launch its first active stock-picking ETFs
By Suzanne McGee (Reuters) -Passive-investment management leader Vanguard plans to launch its first actively managed U.S. stock exchange-traded funds this year, according to filings with regulators on Monday. The company, which pioneered low-cost, no-frills index-based investment products, intends to roll out ETF versions of three of its existing mutual funds. The funds will be managed by Wellington Management, according to the filings. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA While Vanguard has rolled out a handful of active bond ETFs, the new products mark its first push into stock-picking ETFs. They will target dividend growth, growth stock and value stock investment strategies, Vanguard said. There has been a torrent of new ETFs this year from asset managers trying to capture growing demand for actively managed ETFs that aim to outperform indexes. Actively managed ETFs arose around six years ago. The advent of this strategy in a more tax efficient and lower-cost ETF wrapper has attracted growing investor interest. Morningstar Direct calculates that there have been 630 new exchange-traded products so far this year, compared to 381 for the same period in 2024. Some 86% of those launches were of actively managed strategies, according to a report published this month by JP Morgan Asset Management, which also found that active ETFs now account for some 37% of total U.S. ETF inflows. "Until now, Vanguard had been sitting out this rush," said Jeff DeMaso, editor at the Independent Vanguard Advisor. DeMaso said he expects the new funds will attract a steady if not spectacular flow of assets. "These are proven strategies," he added. The new ETFs are "building blocks that reflect our ... commitment to disciplined product development and investor outcomes," said Ryan Barksdale, head of active equity product at Vanguard, in a statement.
Yahoo
15 hours ago
- Business
- Yahoo
Exploring retail-focused investment funds
Investing in retail-focused funds offers a strategic approach to capitalise on consumer spending trends and the evolving retail landscape. These funds provide exposure to companies within the retail sector, encompassing both traditional brick-and-mortar stores and the expanding e-commerce platforms. This article delves into the types of retail investment funds available, their benefits, and considerations for investors. Understanding retail investment funds Retail investment funds are pooled investment vehicles that allow individuals to invest in a diversified portfolio of retail sector companies. These funds can be broadly categorised into two main types: Exchange-Traded Funds (ETFs) and Mutual Funds. Exchange-Traded Funds (ETFs) are investment funds that are traded on stock exchanges, much like stocks. They hold assets such as stocks, commodities, or bonds and generally operate with an arbitrage mechanism designed to keep trading close to its net asset value, though deviations can occur. ETFs offer liquidity and are typically passively managed, aiming to replicate the performance of a specific index. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Mutual Funds, on the other hand, pool money from many investors to purchase securities. They are managed by professional portfolio managers who actively make investment decisions. Mutual funds are not traded on exchanges and are priced at the end of the trading day. Both types of funds provide investors with the opportunity to invest in a diversified portfolio of retail companies, reducing the risk associated with investing in individual stocks. Key retail ETFs to consider For investors looking to gain exposure to the retail sector through ETFs, several options are noteworthy: SPDR S&P Retail ETF (XRT): This fund tracks the S&P Retail Select Industry Index, providing exposure to a broad range of retail companies. It is known for its equal-weighted approach, ensuring no single company dominates the fund's performance. VanEck Retail ETF (RTH): Focusing on large-cap retail companies, RTH offers exposure to well-established retailers. Its portfolio includes companies like Amazon and Walmart, which are significant players in the retail industry. ProShares Online Retail ETF (ONLN): This fund targets companies that derive a substantial portion of their revenue from online retailing. It provides exposure to the growing e-commerce segment, which has seen significant growth in recent years. Amplify Online Retail ETF (IBUY): Similar to ONLN, IBUY focuses on companies with a strong online presence. It includes a mix of traditional retailers with robust online operations and pure-play e-commerce firms. Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD): While not exclusively a retail fund, RSPD includes a significant portion of retail companies within its consumer discretionary sector. Its equal-weighted approach ensures balanced exposure across its holdings. These ETFs offer various strategies and exposures within the retail sector, catering to different investment preferences and risk tolerances. Benefits of investing in retail funds Investing in retail-focused funds presents several advantages: Diversification: By investing in a fund, investors gain exposure to a basket of retail companies, reducing the risk associated with individual stock investments. Access to Industry Trends: Retail funds provide a way to capitalise on consumer spending trends and the growth of e-commerce. Professional Management: Mutual funds offer the benefit of professional management, with portfolio managers making investment decisions on behalf of investors. Liquidity: ETFs offer liquidity, as they can be bought and sold throughout the trading day at market prices. Cost-Effectiveness: ETFs typically have lower expense ratios compared to mutual funds, making them a cost-effective option for investors. Considerations before investing Before investing in retail-focused funds, investors should consider the following: Economic Sensitivity: The retail sector is sensitive to economic cycles. During economic downturns, consumer spending may decrease, affecting the performance of retail companies. Interest Rates: Rising interest rates can lead to higher borrowing costs for retailers, potentially impacting their profitability. Competition: The retail industry is highly competitive, with companies constantly vying for market share. Investors should assess how well a company is positioned to compete in the market. Online vs. Brick-and-Mortar: The shift towards online shopping has disrupted traditional retail models. Investors should consider how companies are adapting to this change. Fund Fees: While ETFs generally have lower fees, it's essential to compare the expense ratios of different funds to ensure cost-effectiveness. The takeaway Retail-focused investment funds offer investors a means to participate in the retail sector's growth and evolution. By understanding the types of funds available, their benefits, and the considerations involved, investors can make informed decisions that align with their financial goals and risk tolerance. Whether through ETFs or mutual funds, these investment vehicles provide a diversified approach to accessing the retail industry, catering to various investment preferences and strategies. "Exploring retail-focused investment funds" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Wall Street Journal
10-08-2025
- Business
- Wall Street Journal
Stock Funds Add to Their Gains
Fund investors aren't ignoring tariff turmoil, but they—and investors in general—seem to be making some peace with it. For July, the average U.S.-stock mutual fund or exchange-traded fund posted a total return of 1.7%, according to LSEG data, to push the year-to-date advance to 5.4%. (See funds-data tables including Mutual-Fund Yardsticks.)
Business Standard
21-07-2025
- Business
- Business Standard
Mastek spurts after Q1 PAT jumps 13% QoQ to Rs 92 cr
Mastek surged 9.08% to Rs 2,718 after the company's consolidated net profit jumped 13.54% to Rs 92.05 crore on 1.02% increase in revenue from operations to Rs 914.70 crore in Q1 FY26 over Q4 FY25. On a year on year basis, the companys revenue and net profit jumped 12.5% and 28.7%, respectively in Q1 FY26. During the quarter, profit before tax (PBT) stood at Rs 120.70 crore, up 13.95% QoQ and 22.4% YoY. Operating EBITDA stood at Rs 137.3 crore in the June quarter, registering a decline of 1% QoQ and a growth of 10.8% YoY. The operating EBITDA margin narrowed to 15% in Q1 FY26, compared to 15.3% in Q4 FY25 and 15.2% in Q1 FY25. In terms of dollars, the firm's revenue was $107.4 million in Q1 FY26, up 2.6% QoQ and 10.4% YoY. In constant currency terms, revenue was down by 1.1% QoQ and 6.8% YoY. 12 months order backlog was Rs 2,347.9 crore ($273.8 million) as on 30th June, 2025 as compared to Rs 2,168.8 crore ($260.1 million) in Q1FY25, reflecting growth of 8.3% in rupee terms on Y-o-Y basis and Rs 2,290.9 crore ($264.5 million) in Q4FY25, reflecting growth of 2.5% in rupee terms on Q-o-Q basis. The company added 12 new clients in Q1 FY26. Total active clients during Q1 FY26 were 323 as compared to 348 in Q4 FY25. As on 30th June, 2025, the company had a total of 4,824 employees, of which 3,262 employees were based offshore in India while the rest were at various onsite locations. The total cash, cash equivalents and fair value of Mutual Funds stood at Rs 549.0 crore as on 30th June, 2025 as compared to Rs 622.2 crore as on 31st March, 2025. Umang Nahata, chief executive officer (CEO), Mastek, said, We are pleased to report another steady quarter, with revenue growth of 12.5% Y-o-Y in rupee terms. Growth was led by strong performance in the UK and Europe, driven by momentum in healthcare and secured government services. The US business witnessed headwinds in some accounts, however pipeline and order backlog remain strong. Our 12-month order backlog grew 8.3% Y-o-Y in rupee terms, supported by strong demand across Digital Engineering and Data, Automation & AI. Oracle-led engagements in healthcare and commercial sectors continuing to scale. Our AI proposition is building tremendous traction with customers with over 10 deals finalised this quarter across generative and agentic AI solutions delivering significant productivity gains. We also signed a strategic partnership with Open Ana which significantly elevates our AI capabilities. While the external environment remains dynamic, our execution focus, combined with deep client relationships, positions us well to deliver sustainable and profitable growth in the coming quarters. Mastek is a global provider of enterprise AI, digital, and cloud services, enabling clients to achieve measurable and sustainable returns on their technology investments. It partners with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, serving key sectors such as the public sector, healthcare, retail, manufacturing, higher education, and financial services.
