Gold Silver Reports ~ While the debate among market participants rages about the frequency of rate increases in 2016, investors worried about capital protection may consider an industry first fixedincome product product since not all bonds would get hammered with the gradual normalization of interest rates.
ETF / Mutual Fund
ETF / Mutual Fund- An ETF (Exchange-Traded Fund) or Mutual Fund is a simple way to invest in a mix of stocks, bonds, or other assets. ETFs trade like stocks on an exchange, while mutual funds are bought or sold at the end of the day. Both offer diversification, low costs, and flexibility for investors. They suit beginners and experts alike.
Rupee Bonds Cheaper Than Loans
Gold Silver Reports >>> Rupee bond issuance will probably rise to a record this year as notes offer companies savings of as much as 1 percentage point over loans.
Offerings will range between 4 trillion rupees ($60 billion) and 4.5 trillion rupees in 2016, according to nine of 20 bankers surveyed by Bloomberg. Six respondents predicted even higher sales and five forecast lower. ONGC Mangalore Petrochemicals Ltd., a project by India’s biggest energy explorer, is planning a debut sale, while mortgage lender Housing Development Finance Corp. is looking to raise at least 5 billion rupees.
ETFs/Mutual Funds On The Cutline
Gold Silver Reports – Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned.
The first report covers the ETF Master List from Thursday’s StatSheet and includes 381 ETFs, of which currently 56 (last week 55) are hovering in bullish territory.
ETF/No Load Fund Tracker Newsletter
Gold Silver Reports – Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) and finally generated a new “Buy” signal effective 11/3/15. The market subsequently dropped, and we exited again on 11/13/15. As of today, the TTI remains below its trend line by -0.70%, which means we are in cash on the sidelines.
The link below shows the top 100 domestic funds (out of 674) and the sorting order is by M-Index ranking. Prices in all linked tables are updated through 12/31/2015, unless otherwise noted. Price data not yet available at publication is indicated with 00.00% or -100.00%. Please note that distributions are not included in the current momentum numbers.
ETFs in Gold Monetisation Scheme
Gold Silver Reports – The gold exchange traded funds can now invest in India’s Gold Monetisation Scheme(GMS). The Securities and Exchange Board of India (SEBI) has issued a circular giving approval for this.