Investment Objective:
The Compass TrueNorth Portfolio’s objective is to generate capital appreciation in the long term by investing in equity oriented mutual fund schemes and all types of ETFs.
Strategy:
Equity
Indicative Tenure or Investment Horizon:
Long Term
Description of types of securities:
The Compass TrueNorth Portfolio predominantly invests in equity oriented mutual fund schemes and all types of ETFs. It also invests in debt oriented mutual funds, liquid funds and arbitrage funds.
Allocation of the compass TrueNorth Portfolio:
- Equity oriented mutual fund schemes and all types of ETFs: 80 - 100%.
- Cash, debt oriented mutual funds, liquid funds and arbitrage funds: 0 – 20%.
It will be the endeavour of the Portfolio Manager to follow the norms listed above. However, the Portfolio Manager retains the right to deviate from these norms from time to time at its sole discretion in the best interest of the Client’s portfolio and in accordance with the investment objectives and risk parameters. In case of deviation in the above provided asset allocation, same shall be rebalanced within 90 days.
Clients are not being offered any guaranteed or assured returns.
Risks:
Under this investment approach investments are made in equity oriented mutual fund schemes and all types of ETFs. At times, these may under-perform the benchmark and at times the portfolio can have higher volatility. For detailed risk factors please refer to the section on “Risk Factors”.
Appropriateness of the Benchmark:
The performance would be benchmarked against Nifty 50 TRI. The composition of the benchmark is such that it is most suited for comparing performance of the portfolio. The Portfolio Manager reserves the right to change the benchmark in future if other benchmark is better suited to the investment objective of the Investment Approach.