Secondly, should
returns on Fund assets be lower than the astounding assumptions Mr. DiNapoli used to calculate the costs of the borrowing plan, then contributions will skyrocket.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses
on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect
on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions
on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact
on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact
on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16)
returns on pension plan
assets and the impact of future discount rate changes
on pension obligations; 17) our ability to borrow additional
funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco
on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted
on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence
on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments
on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest
on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
significant changes in discount rates, rates of
return on pension
assets, mortality tables and other factors could adversely affect our earnings and equity and increase our pension
funding requirements;
The lower the
return on bonds, the more
assets a
fund needs to hold to ensure members can be paid off.
She relies
on a database of 1,000 simulations of future
returns to conclude that, 75 years from now, a Social Security trust
fund portfolio that includes stocks will produce a healthy ratio of
assets to benefits, while a trust
fund consisting of only bonds will be completely exhausted.
Traditionally, most elect the target - date investment
fund, which is a mutual
fund that will
return your various
assets (stocks, bonds, and cash) at a fixed retirement date — depending
on how well the market performs over time.
On Monday, the
fund said its portfolio
return was 5.1 percent per annum in U.S. dollar nominal terms over the five years to March 31, 2017, helped by the run - up in global financial
assets, versus 3.7 percent a year ago.
As a result, pension
funds have had to go out
on the risk curve, taking more risk to glean more
return by investing, in part, in
assets that are not as liquid as stocks or bonds.
Studies have shown that your
asset allocation has a bigger impact
on your long - term
returns than any specific
fund you pick.
Already, he said, the Total
Return mutual
fund makes headlines when it makes
asset allocation changes and shares that information
on a monthly basis.
As I typically do, I clipped off a modest portion of our precious metals position in the Strategic Total
Return Fund on strength last week, essentially bringing it back toward 20 % of
assets after the appreciation in those shares.
This is expressed most directly in paragraph 156 of the complaint which argues that a «two percent annual flat fee
on assets under management [as charged by an actively managed hedge
fund seeking superior
returns]... is not justified in the defined contribution plan context.»
For a portion of the period, some
funds had expenses limitations or had been sold
on a limited basis with limited
assets and expenses, without which
returns would be lower.
For a portion of the periods, some
funds had expense limitations or had been sold
on a limited basis with limited
assets and expenses, without which
returns would be lower.
Every pension
fund he studied is a monthly net seller of
assets in order to
fund beneficiary payouts — i.e. the cash contributions from current payees into the
fund plus investment
returns on capital is not enough to
fund current beneficiary payouts.
Equity hedge
fund returns have been disappointing over the last 14 years An exposure analysis shows no structural factor exposure, but frequent factor rotation Multi-factor long - short products are an interesting alternative, depending
on the fee level INTRODUCTION Hedge
fund assets reached an
Strategic Total
Return continues to carry a duration of about 3.5 years in Treasury securities (meaning that a 100 basis point move in interest rates would be expected to impact the
Fund by about 3.5 %
on the basis of bond price fluctuations), and holds about 10 % of
assets in precious metals shares, and about 5 % of
assets in utility shares.
Over the past couple of years, speculators have also used short sales of gold to obtain low cost
funds to invest in other
assets — for example, by shorting gold (borrowing it and selling it in the spot market), market participants have been able to obtain US dollars at between 1 and 2 per cent, well below the rate of
return available
on US
assets.
The Strategic Total
Return Fund has reduced its exposure to precious metals shares to about 8 % of
assets, but is likely to increase rather than decrease this exposure
on weakness in this group.
Overall, the Strategic Total
Return Fund remains positioned primarily to benefit from downward pressure
on real interest rates and the U.S. dollar, but our overall exposure to risk is relatively conservative in all of the
asset classes we hold - TIPS, precious metals, utilities, U.S. agency notes, and foreign government securities.
The Strategic Total
Return Fund moved the bulk of its
assets from short - term Treasury securities to Treasury inflation protected securities as real yields
on these securities surged well over 3 %.
The
return on your investment could be an
asset with different kinds of value (for example, marketing, defensive, offensive,
funding purposes, exit strategy).
Public pensions are allowed to
fund on the basis that their
assets magically
return their expected assumption.
Potential annuity purchasers become more exposed to longevity risk the lower the
returns they earn
on their
assets (your capital is more likely to run out if you aren't earning enough interest to
fund your retirement).
Their
fund focuses
on real
return strategies and dabbles in the following
asset classes: commodities, inflation linked bonds, liquid emerging market bonds, equities, and currencies.
Based
on particular strength in the precious metals market mid-last week, I reduced the exposure of the Strategic Total
Return Fund in precious metals shares, from close to 18 % of
assets down to just over 10 %.
Strategic Total
Return continues to carry a duration of about 3 years in Treasury securities (meaning a 100 basis point move in interest rates would be expected to impact
Fund value by about 3 %
on the basis of bond price fluctuations), with about 10 % of
assets in precious metals shares, and about 5 % of
assets in utility shares.
According to the statement, which is based
on the interim report
on the financial and
assets recoveries made by the various government agencies from 29 May 2015 to 25 May 2016, the
Funds Awaiting
Return From Foreign Jurisdictions total $ 321,316,726.1 (Three hundred and twenty one million, three hundred and sixteen thousand, seven hundred and twenty six Dollars, one cent); 6,900,000 Pounds (Six million, nine hundred thousand Pounds) and 11,826.11 Euros (Eleven thousand, eight hundred and twenty six Euros, 11 cents).
Case in point: New York state, where Comptroller Thomas DiNapoli announced last week that the $ 178 billion state and local pension
fund ended its fiscal year March 31 with a minuscule
return on assets of 0.19 percent, well short of its 7 percent long - term target.
Among those myths is the notion — oft - repeated by DiNapoli — that public - pension
funds are «long - term investors» that can stick with their assumptions through thick and thin, riding out the kind of market volatility that saw the state
funds»
return on assets veer from a 26 percent loss in 2009 to a 26 percent gain in 2010.
If there is a voluntary
return of stolen or concealed public
funds or
assets on the account of the information provided, the whistleblower may be entitled to anywhere between 2.5 % (Minimum) and 5.0 % (Maximum) of thetotal amount recovered.
Generally, endowment
funds follow a suitably strict policy allocation, which is a set of long - term rules that dictates the
asset allocation that will yield the targeted
return requirement without taking
on too much risk.
But, in practice, the great risk to this approach is that it leads both sides to understate the cost of these liabilities by overstating the anticipated rate of
return on the
assets — often at a ludicrous eight percent — which are set aside to
fund the program.
The District is responsible for
funding the plans, and if plan
assets decrease (e.g. because of a year of negative
returns on assets invested in the stock market), the District must make up the loss, generally smoothed over several years.
Riding the wave of record high stock prices
on Wall Street, the
fund providing pension benefits for California teachers and school administrators reported Monday that it earned a
return of 18.66 percent
on its
assets for the year that ended June 30.
These
funds primarily focus
on factors — broad, persistent drivers of
returns across equities and other
asset classes.
The debt used in buyouts has a relatively fixed cost, so if a private equity
fund's
return on assets (ROA) is greater than this cost, the
fund's
return on equity (ROE) is higher than if it hadn't borrowed money.
Hedge
fund activists tend to target companies that are typically «value» firms, with low market value relative to book value, although they are profitable with sound operating cash flows and
return on assets.
When I update the performance of my model portfolios, the
returns I use are based
on the annual change in each
fund's net
asset value (NAV).
The BMO
Asset Allocation
Fund and the RBC Monthly Income
Fund (series F) outperformed the index portfolio
on three important benchmarks — the extent of their bear market losses, the magnitude of their subsequent recovery between March and June of this year, and their five - year average
returns.
It suggests that combining a stock portfolio that sits
on the efficient frontier with a risk - free
asset, the purchase of which is
funded by borrowing, can actually increase
returns beyond the efficient frontier.
Strategic Dividend Value is hedged at about half the value of its stock holdings, and Strategic Total
Return continues to hold a duration of just over 3.5 years (meaning that a 100 basis point move in interest rates would be expected to impact
Fund value by about 3.5 %
on the basis of bond price fluctuations), with less than 10 % of
assets in precious metals shares, and about 5 % of
assets in utility shares.
When purchasing foreign securities, either directly or through a
fund, an investor is subject to two sources of
return: the
return on the
asset itself and the
return on the base currency of the
asset.
We combine our medium term expectations of fixed income
asset class risk and
return with shorter term views
on market valuation, cyclical developments and liquidity considerations, matched against the
Fund's objectives to develop appropriate
asset allocation of the
Fund.
To be able to make good
on that practice, an index mutual
fund must hold some of its
assets in cash rather than investing them, which may reduce
return somewhat.
Asset class style power rankings are rankings between Growth and all other U.S. - listed asset class style ETFs on certain investment - related metrics, including 3 - month fund flows, 3 - month return, AUM, average ETF expenses and average dividend yi
Asset class style power rankings are rankings between Growth and all other U.S. - listed
asset class style ETFs on certain investment - related metrics, including 3 - month fund flows, 3 - month return, AUM, average ETF expenses and average dividend yi
asset class style ETFs
on certain investment - related metrics, including 3 - month
fund flows, 3 - month
return, AUM, average ETF expenses and average dividend yields.
Strategic Total
Return carries a duration of about 3.5 years, meaning that a 100 basis point move in interest rates would be expected to affect
Fund value by about 3.5 %
on the basis of bond price fluctuations, about 10 % of
assets in precious metals shares, and about 5 % of
assets in utility shares.
Identifying the right
assets to own and when to own them is the most important step in the investment process as it will have the greatest impact
on the overall
return and risk characteristics of the
Fund.
San Mateo, CA, February 3, 2010 — For the second consecutive year, Franklin Templeton Investments ranked # 1 out of 48
fund families for its
funds» 10 - year performance in Barron's annual review of U.S. - registered mutual
fund families.1 Barron's rankings are based
on asset - weighted
returns in five categories — U.S. equity
funds; world equity
funds (including international and global portfolios); mixed equity
funds (which invest in stocks, bonds and other securities); taxable bond
funds and tax - exempt
funds — as calculated by Lipper.
In this post, let us understand the tax implications
on various
asset classes, how are the
returns / gains from various
asset classes like Stocks, Mutual
Funds, Real Estate, Bonds, Gold etc., taxed?