분야
doc2. Body
1) Part Ⅰ- Weekly portfolio review
2) Part Ⅱ- Outcomes and Lessons
3) Part Ⅲ- Risk Measurement
3. Conclusion
IFS Asset Strategy Fund seeks maximum return while taking reasonable level of risk. As stated in ‘maximum return’, the fund mainly focuses on realizing high profits from investments. It generally invests approximately 30% of assets in bonds as safe investments (because the bond which is invested will be hold until maturity unless there is urgent need of cash for any occasions) and 70% of assets in derivatives for high returns (because of the limited amount of cash, it seeks high return by investing in derivatives which allows the investor to obtain leverage). This proportion (30:70) will not be constant if there are any changes on portfolio value.
Decision making process of IFS Asset Strategy Fund is very simple. The team members who are involved in portfolio investment decide which assets would be appropriate for the fund on a weekly basis. After looking for critical issues or events related to price movements of the basket of the investment available assets, members forecast some trend that the events can create based on that information. Although there are lots of debates about the trend, most time come to an agreement. And this agreement leads to create derivatives products which have potential of maximum payoff.
Because the investment behavior of the fund is mainly decided by forecast of the trend, the feature of the fund can be stated as ‘speculator’. (Speculators wish to take a position in the market by betting either the price of the asset will go up or that it will go down) And another important feature of the fund is how far it would be exposed to risk.
