PNN
Mumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, introduces Goals, a custom ETF basket designed for savvy retail investors looking to diversify their portfolio globally with exposure to US markets. The ETFs that make up Goals invest in world-renowned US companies along with US Treasury offerings, helping the Indian investor aim for long-term growth along with capital preservation.
Designed on the same lines as an SIP, Goals channels investor contributions into a specially designed basket of ETFs seamlessly with no subscription, fixed remittance fee or withdrawal fee. In backtests, Goals achieved high annualized returns by deploying a smart mix of stocks, Treasuries, gold and real estate funds, as well as taking advantage of currency appreciation to its advantage.
Goals' 3-year Sharpe ratio, a metric used to measure the performance of an investment while adjusting for its risk, outperforms the average Sharpe ratio of top 50 Indian mutual funds (with assets under management of over Rs 1,000 crore ).
Goals' average Sharpe ratio of 2.93 beats these Indian mutual funds' Sharpe ratio of 1.68. This makes the Goals Sharpe ratio 1.73 times higher than that of these Indian mutual funds. The high Sharpe ratio indicates that on a risk-adjusted basis, Goals offers superior returns compared to mutual funds in India.
At a portfolio performance level, Goals' returns categorically exceed the returns of many mutual funds. Including currency appreciation, Goals returned 24.14% in the last 1-year period, 9.49% in the last 3-year period, and 14.96% in the last 5-year period.
Goals is powered by Appreciate's proprietary AI algorithms that deliver seamless, frictionless tracking of capital growth with reminders and tools to increase savings each year. The AI-powered offering automatically rebalances portfolios at staggered intervals after measuring volatility levels and overall portfolio performance. A short questionnaire also helps the AI assess the investor's risk appetite. Potential investment suggestions are calibrated to fit the individual's life goals and risk tolerance. Meanwhile, the SIP encourages a disciplined approach to investing, helping the investor build long-term wealth.
"Goals opens the door to millions of tech-savvy Indian investors looking to invest in the US markets. Before Appreciate came along, investors were looking to diversify their portfolio with exposure to US stocks and Treasuries. were at a disadvantage as the platforms offered low-cost platforms and Hassle-free access to US markets was really missing in the Indian ecosystem With the launch of Goals, Indian investors can benefit from SIP contributions that will increase wealth by averaging different prospects. of the market," said Subho Moulik, Founder and CEO of Appreciate.
Mumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, introduces Goals, a custom ETF basket designed for savvy retail investors looking to diversify their portfolio globally with exposure to US markets. The ETFs that make up Goals invest in world-renowned US companies along with US Treasury offerings, helping the Indian investor aim for long-term growth along with capital preservation.
Designed on the same lines as an SIP, Goals channels investor contributions into a specially designed basket of ETFs seamlessly with no subscription, fixed remittance fee or withdrawal fee. In backtests, Goals achieved high annualized returns by deploying a smart mix of stocks, Treasuries, gold and real estate funds, as well as taking advantage of currency appreciation to its advantage.
Goals' 3-year Sharpe ratio, a metric used to measure the performance of an investment while adjusting for its risk, outperforms the average Sharpe ratio of top 50 Indian mutual funds (with assets under management of over Rs 1,000 crore ).
Goals' average Sharpe ratio of 2.93 beats these Indian mutual funds' Sharpe ratio of 1.68. This makes the Goals Sharpe ratio 1.73 times higher than that of these Indian mutual funds. The high Sharpe ratio indicates that on a risk-adjusted basis, Goals offers superior returns compared to mutual funds in India.
At a portfolio performance level, Goals' returns categorically exceed the returns of many mutual funds. Including currency appreciation, Goals returned 24.14% in the last 1-year period, 9.49% in the last 3-year period, and 14.96% in the last 5-year period.
Goals is powered by Appreciate's proprietary AI algorithms that deliver seamless, frictionless tracking of capital growth with reminders and tools to increase savings each year. The AI-powered offering automatically rebalances portfolios at staggered intervals after measuring volatility levels and overall portfolio performance. A short questionnaire also helps the AI assess the investor's risk appetite. Potential investment suggestions are calibrated to fit the individual's life goals and risk tolerance. Meanwhile, the SIP encourages a disciplined approach to investing, helping the investor build long-term wealth.
"Goals opens the door to millions of tech-savvy Indian investors looking to invest in the US markets. Before Appreciate came along, investors were looking to diversify their portfolio with exposure to US stocks and Treasuries. were at a disadvantage as the platforms offered low-cost platforms and Hassle-free access to US markets was really missing in the Indian ecosystem With the launch of Goals, Indian investors can benefit from SIP contributions that will increase wealth by averaging different prospects. of the market," said Subho Moulik, Founder and CEO of Appreciate.