Mirae Asset makes a global foray with two FANG+ funds
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Mirae Asset is launching an ETF, which tracks FANG+ index.
FANG+ comprises of Facebook, Apple, Amazon, Netflix, Alphabet, Alibaba, Baidu, Nvidia, Tesla and Twitter in equal weightage.
There will be a fund of fund, which will track the FANG+ ETF. It will make life easier for those, who don’t have a trading or demat account.
The fund will be an open ended scheme. NFO will be from 19th April to 3rd May.
Give your views, guys.
Source: https://www.livemint.com/mutual-fund/mf-news/mi...
(Take your own decisions. The writer is not a SEBI registered individual but he possesses some sort of basic knowledge. And the article itself is a copy paste job with slight modifications 🐒🐒🐒)
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Created by : bikidas2060
I am yet to do any technical analysis on this thing. So, I ll do something about it and ll update here.
https://finance.yahoo.com/news/fang-index-tradi...
Three possibilities are available, it’ll go up, go down or consolidate. And we ll try to find out. 🙂
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When will it launch?
Bhai 19th May April to 5th of April May. Uske kaafi chizen dekhna hai. 🐒
@pie bhai. 🙂
say if facebook gives dividend, will the dividend go to fund house or the individual?
It gets reinvested. 🙂🙂🙂
both bro
In mutual fund they don’t give dividend. The dividend is reinvested in the fundhouse name.
@MrKool_JJ @guest_999 @Ots14 @Nationalist @Bk100 @amdoinggood123 @Dastro @drupal @smartnsh @homedimer @xuseronline @goss8877 @BubbleBoyChickenLittle @Wander-lust @pingpong @bumblefoot
🙏🙏🙏
Guys please give your guidance on this matter. 🙂