engineering economic analysis

Name: Sulaiman Alhumoud

Project Status Report

Mutual Fund Provides an Opportunity to invest and diversify the securities in a professional and disciplined way at low Cost. Here in this report three Mutual Fund of Three different firms are analyzed. Fidelity Magellan Mutual fund of Fidelity Investment Group is the largest equity fund of the firm, which has over 20 million dollars assets. It has experienced Growth since 2008. Its turnover ratio is 9.9 and Annual Report Net expense Ratio is 0.53 times. The risk associated with the fund is very low. The Cost of the mutual fund as on 28th June, 2013 was 81.85 dollar.

ING Latin America Equity Fund has provided a negative return of minus 6.9 percent and absolute Return of around negative 4 percent in the year 2013. The cost of Mutual Fund was 10.060 dollars as on 27th June 2013. This is an open ended scheme with Growth Investment Plan and Minimum investment required is 100 dollars.

ALTEX (First hand Alternative Energy Mutual Fund) is an open ended Fund which has a blend midcap objective. This fund invests at least 80 percent of the Fund’s Assets in the alternative Energy and energy technology companies in U.S. and intervention. This mutual fund has shown a steady growth in the last fifth to eleventh week with around 28.64 percent return and the minimum investment required for investing in this mutual fund is 2000( Two thousand) Dollar. The cost of the mutual fund as on 20th June 2013 was 5.03 USD. The risk ratio for five years shape is in negative that is minus 0.29. It has net assets of 2.6 million dollars. Average Market cap of 2.0 billion dollars and the average profit earning is 11.7 and portfolio turnover is 10 percent.

Work Cited:

· Fidelity Investments "Activities and Management of FMR. Proxy statement, special meeting of shareholders of Fidelity Advisor Series VII Fidelity Select Portfolios to be held on May 14, 2013. p. 20.

· www.moneycontrol.com › ... ›  ING Mutual Fund .

· www.morningstar.com/.../funds/76136-altex-firsthand-alternative-en...