SBI Resurgent India Opportunities Fund Review
ETF / Mutual Fund Reviews, Product Reviews

SBI Resurgent India Opportunities Fund Review

About The fund Manager

SBI Funds Management has emerged as one of the largest player in India advising various financial institutions, pension funds, and local and international asset management companies.

Shashank Tulsyan, CFA – He has over 10 years of industry experience. Shashank has covered various sectors such as Industrials, Financials and Consumer discretionary at SBIFM over past 9 years. Prior to joining SBIFM, Shashank worked as an analyst for over a year with Citicorp Financial. Shashank is a CFA charter and holds a Bachelor’s degree in Management Studies.

Where & How Is The Money Invested?

Investments are in the equity markets of India. 95% of the fund’s net assets will be in equities and equity related securities and the remaining 5% is kept for liquidity. Its a multi cap fund as it invests in Large, mid and small cap stocks.

Objective: Long-term capital growth in USD by investing in Indian Stock Market

What Has Been The Performance?

Last year, this fund has given an amazing return of 82% in USD as compared to 39% benchmark return and its exactly double of Sensex and Nifty returns. Based on the fund strategy and past momentum, We expect this to perform above the benchmark in the near future.

Is It Capital Protected?

Since the major portion of this fund is invested in Equity related instruments, its not capital protected.

What Are The Charges?

Fund is allowed to charge a maximum of 1.75% on an yearly basis and there can be an entry load of 0 to 5% depending upon the amount of Investment.

What Percentage Of Your Portfolio Can Be In This Fund & Why?

It depends, before investing, we need to consider investor’s investment objective, risk tolerance and the Investor’s age etc.

A person with 50 percent of his money in stocks or Mutual fund would then put 10 percent in SBI Resurgent India Opportunities fund .

Which Platform Is This Available On?

This Mutual fund is not available on International Platforms as the retail fund size is below 50 million, Please send us a message if you would like to know more about it.

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Reliance WIO India Fund Review
ETF / Mutual Fund Reviews

Reliance WIO India Fund Review

About The Fund Manager

Reliance Mutual Fund (RMF) is one of India’s leading mutual funds, with Average Assets Under Management (AAUM) of  INR 2,43,593 Crores.

The Fund Manager, Umesh Gupta has over 13 years of experience in portfolio management, equity research and business analysis and has closely tracked various sectors, including capital goods, engineering, construction, cement and fertilizers as a sell-side equity analyst.

Umesh Gupta has joined Reliance Wealth Management, where he is a portfolio manager, in 2010, having previously worked in various roles at a number of prominent Indian investment, stock-broking and finance companies.

Where & How Is The Money Invested?

Investments are in the equity and bond markets of India. A minimum of 60% of the fund’s net assets will be in in equities and equity related securities. It may also invest in fixed income securities and money market instruments according to market conditions. 

Objective: Long-term capital growth in USD. 

What Has Been The Performance?

This fund has given an average of 20% per annum over a period of last five years and its much better than the average Sensex and Nifty returns. Based on the fund strategy and past momentum, We expect this to perform above the benchmark in the near future.

Is It Capital Protected?

Since the major portion of this fund is invested in Equity related instruments, its not capital protected.

What Are The Charges?

 Fund is allowed to charge a maximum of 2.5% on an yearly basis 

What Percentage Of Your Portfolio Can Be In This Fund & Why?

It depends, before investing, we need to consider investor's investment objective, risk tolerance and the Investor's age etc.  

Which Platform Is This Available On?

This fund is available on the following platforms:

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Momentum Wealth Personal Portfolio Review
Investment Platform Reviews, Product Reviews

Momentum Wealth Personal Portfolio Review

Momentum Wealth Personal Portfolio is The Cheapest and Best Managed Investment Platform of its kind.

The Momentum Wealth Personal Portfolio is designed for investors, looking for a medium to long-term investment service, who want maximum flexibility and liquidity in their offshore investment portfolio.

Benefits of the Personal Portfolio

  • Investors have full access to their investment without penalties or restrictions - subject to any liquidity restrictions applicable to the international funds held in their portfolio
  • Wide-ranging investment choice – over 1,200 international ETFs, and funds to choose from
  • Multiple ownership options
  • Access to multi-currency funds within one portfolio
  • Consolidated valuation reporting via secure website or through the appointed financial adviser.

Minimum Contributions & Surrender Charges (How long your money is locked-in)

  • Minimum Contribution - USD 25,000 one-time.
  • Currencies - US dollar, Euros, British Pounds, Australian Dollar, Hong Kong Dollar, Japanese Yen, Swiss Francs
  • Additional Contributions - USD 7,500 (whenever required)
The Momentum Wealth Personal Portfolio Investment Platform has no surrender charges at all, and all of you money is accessible from day one.

At the USD 25,000 entry point, the Momentum Wealth Personal Portfolio Investment Platform offers the best value-for-money.

Capital Protection

  • The Momentum Wealth Personal Portfolio Investment Platform is not ‘Capital Protected’ regardless of the version selected. While this is true, other mutual fund based investment plans in the market are not capital protected as well.
  • Investors Trust Assurance offers a ‘Capital Protected’ Investment plan called the S&P500 Index 7Y Lumpum which invests in the S&P500 index.

Investment Options (Where the money can be invested)

  • Warren Buffet recommends investing in low cost index-funds. Momentum Wealth Personal Portfolio Investment Platform offers over 1,200 investment funds including 80 low-cost Exchange Traded Funds (ETFs), and mutual funds to choose from.
  • Almost all the well-known international ETF and Fund Management companies are available on this platform.
  Some of the ETFs offered have annual charges as low as 0.07% per annum.

Charges

  • Momentum Initial Fee - 0.5% of investment amount (One-time)
  • Annual Administration Fee - 0.5% of investment amount per annum
  • Financial Advisors Fee - 3% initial (One-time), and 1% per annum
  • Transactional bank charges are incurred when buying or selling funds, with a charge of USD 50 (or currency equivalent) per cash investment.
  • USD 35 (or currency equivalent) per switch instruction (not per fund) and per withdrawal to the investment owner’s bank account.

What you would end up with if:

  • You invest - USD 100,000, and withdraw after 10 years for example,
  • You would get at the end of the 10 years - USD 203,000 at an assumed growth rate of 9% (net of financial advisor’s fee of 1% p.a.).

What an actual quote looks like:

Click on the images below to magnify them. 

Momentum Wealth Personal Portfolio Quote
Momentum Wealth Personal Portfolio Quote

Jurisdiction - (Where your money is held)

Momentum Wealth International is based in Guernsey in the Channel Islands, one of the most respected and well regulated international finance centres in the world.

The Guernsey jurisdiction protects investors by guarantee at least 90% of the liabilities of insurance companies in Guernsey should they go bankrupt.

CONCLUSION

Would I buy this investment platform myself, and recommend to others?
Yes, I currently use Momentum wealth for my personal investments.

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

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Investors Trust Platinum Plus Review
Investment Platform Reviews, Product Reviews

Investors Trust Platinum Plus Review

Investors Trust Platinum Plus is The Cheapest Version of the Platinum Investment Plan

The Investors Trust Platinum Plus investment plan is the cheapest version of the Platinum Investment Plan. It is designed for the investors who have at least USD 100,000 to invest, and those who don’t want any commitment to invest money in a contractual savings plan, even for 5 years.

The Investors Trust Platinum Plus Investment Plan Offers the Following Benefits:

  • Wide range of investment options
  • Online account access
  • Security through the safe and private custody of assets
  • Liquidity
  • Ability to change investment strategies online
  • Facility to receive regular income from portfolio
  • Different plans to choose from
  • (To keep things simple, I am reviewing the different plans separately).

Minimum Contributions & Surrender Charges (How long your money is locked-in)

Minimum Contribution - USD/EUR/GBP 100,000 one-time.

Additional Contributions - USD/EUR/GBP 10,000 (whenever required)

The Investors Trust Platinum Plus Investment Plan has no surrender charges at all, and all of your money is accessible from day one.

However if you have USD 100,000 to invest, the Momentum Wealth Personal Portfolio Investment plan offers better ETF/fund range, and lower charges at this entry point.

Capital Protection

The Investors Trust Platinum Plus Investment Plan is not ‘Capital Protected’ regardless of the version selected. While this is true, other mutual fund based investment plans in the market are not capital protected as well.

Investors Trust offers a ‘Capital Protected’ Investment plan called the S&P500 Index 7Y Lump sum Investment Plan which invests in the S&P500 index.

Investment Options (Where the money can be invested)

Warren Buffet recommends investing in low cost index-funds. The Investors Trust Platinum Plus Investment Plan offers around 150 investment funds including 17 low-cost Exchange Traded Funds (ETFs), apart from mutual funds to choose from.

Some of the fund managers include - Alliance Bernstein, BlackRock, Fidelity, Franklin Templeton, GAM, Henderson, Investec, iShares, Invesco, Man Investments, MFS International, Morgan Stanley, Pictet International, PIMCO, Schroders, etc…

  Some of the ETFs offered have annual charges as low as 0.1% per annum.

Charges

Annual Administration Charge - Nil

Bid/Offer Spread - Nil

Policy Fee - Nil

Asset Management Fee - 0.125% monthly (1.5% p.a.) of fund balance as long as money stays invested.

What you would end up with if:

You invest - USD 100,000, and withdraw after 10 years for example,

You get at the end of the 10 years - USD 215,892 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Investors Trust Platinum Plus Quote
Investors Trust Platinum Plus Quote
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ITA Platinum Select Review
Investment Platform Reviews, Product Reviews

Investors Trust Platinum Select Review

Investors Trust Platinum Select is The Slightly Cheaper Version of the Platinum Investment Plan

The Investors Trust Platinum Select is the slightly cheaper version of the Platinum Investment Plan. It is designed for the investors who have at least USD 50,000 to invest, and those who don't want any commitment to invest money in a contractual savings plan, even for 5 years.

The Investors Trust Platinum Select Investment Plan Offers the Following Benefits:

  • Wide range of investment options
  • Online account access
  • Security through the safe and private custody of assets
  • Liquidity
  • Ability to change investment strategies online
  • Facility to receive regular income from portfolio
  • Different plans to choose from
  • (To keep things simple, I am reviewing the different plans separately).

Minimum Contributions & Surrender Charges (How long your money is locked-in)

Minimum Contribution - USD/EUR/GBP 50,000 one-time.

Additional Contributions - USD/EUR/GBP 10,000 (whenever required)

The Investors Trust Platinum Select Investment Plan has a surrender charge of -

  • End of year 1 - 6.4%
  • End of year 2 - 4.8%
  • End of year 3 - 3.2%
  • End of year 4 - 1.6%
  • End of year 5 - 0%

While surrender charges are not desirable, if you hold the plan for at least 5 years (which you should with any investment), the Investors Trust Platinum Investment Plan however, offers better value for money at the USD 10,000 entry point.

Capital Protection

The Investors Trust Platinum Select Investment Plan is not ‘Capital Protected’ regardless of the version selected. While this is true, other mutual fund based investment plans in the market are not capital protected as well.

Investors Trust offers a ‘Capital Protected’ Investment plan called the S&P500 Index 7Y Lumpum which invests in the S&P500 index.

Investment Options (Where the money can be invested)

Warren Buffet recommends investing in low cost index-funds. The Investors Trust Platinum Select Investment Plan offers around 150 investment funds including low-cost 17 Exchange Traded Funds (ETFs), apart from mutual funds to choose from.

Some of the fund managers include - Alliance Bernstein, BlackRock, Fidelity, Franklin Templeton, GAM, Henderson, Investec, iShares, Invesco, Man Investments, MFS International, Morgan Stanley, Pictet International, PIMCO, Schroders, etc…

  Some of the ETFs offered have annual charges as low as 0.1% per annum.

Charges

Annual Administration Charge - 1.6% p.a. (taken quarterly at 0.4% per quarter. years 1 - 5 only)

Bid/Offer Spread - Nil

Policy Fee - Nil

Asset Management Fee - 0.3% quarterly (1.2% p.a.) of fund balance as long as money stays invested.

Free Partial Withdrawals - Free partial withdrawals available, but subject to maintaining the Minimum Cash Surrender Value of USD/EUR/GBP 10,000

What you would end up with if:

You invest - USD 50,000, and withdraw after 10 years for example,

You get at the end of the 10 years - USD 100,708 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Investors Trust Platinum Select Quote
Investors Trust Platinum Select Quote

Jurisdiction - (Where your money is held)

Investors Trust Assurance SPC (“ITA”) is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority.

The Cayman Islands is an Overseas Territory of the United Kingdom recognized as the world’s sixth largest international banking centre and one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licenses here. 

Regulated banks in the Cayman Islands represent some 45 countries from around the world. This global representation proves that the Cayman Islands is widely acknowledged as one of the leading offshore financial centres.

While the financial services chapter of the Cayman Islands dates back 40 years, the seeds of it were sown as early as the 1700s. Two important legacies of history remain from that era – English common law and tax neutrality (The Cayman Islands has never had a system of direct taxation and instead employs an indirect, consumption-based taxation system). The Cayman Islands has always been an open, free market economy, and from the 1960s onwards, successfully invested its “historic capital” to the benefit of the financial services sector.

Cayman Islands is a British Offshore Territory, just like the Isle of Man and Guernsey, which are the base for Zurich International Life, Friends Provident International, Generali International, etc…

Investors Trust uses Merrill Lynch Bank of America as its custodian, and keeps client’s money in a ‘Trust’ account that is isolated from the liabilities of the Bank, or Investors Trust itself.

Which means - even if both the bank and Investors Trust were to go bankrupt, the client’s money is safe.

CONCLUSION

Would I buy this investment plan myself, and recommend to others?
Yes

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

Read More
Investors Trust S&P 500 Index Lump Sum Investment Review
Lump-sum Investment Reviews, Product Reviews

Investors Trust S&P 500 Index Lump Sum Investment Review

Investors Trust S&P 500 Index Lumpsum is arguably The Best Capital Protected Investment Plan in the market.

If you need an investment plan with capital protection, the Investors Trust S&P 500 Index Lumpsum is arguably the best option out there lowest entry point.

It allows you to invest and participate in the full growth of the S&P 500 (as recommended by Warren Buffett), with downside protection.

Minimum Contributions & Surrender Charge 

Minimum Contribution - USD 10,000 one time

Additional Contribution - USD 10,000

Surrender Charge -

  • End of year 1 - 9.0%
  • End of year 2 - 7.5%
  • End of year 3 - 6.0%
  • End of year 4 - 4.5%
  • End of year 5 - 3.0%
  • End of year 6 - 1.5%
  • End of year 7 - 0%

Capital Protection

The Investors Trust S&P 500 Index Lumpsum Plan is ‘Capital Protected’. 

  • 89.5% Guaranteed at maturity, or actual performance of the S&P500, whichever is higher.
  • Free Partial Withdrawals - Free partial withdrawals available, but they negate the guarantee.

Investment Options (Where the money can be invested)

  • The Investors Trust S&P 500 Index Lumpsum Plan only invests in the S&P 500. There are no other investment options.
  • If you want an investment plan with more choices of ETFs/Index funds, read - Investors Trust Platinum Review.
Warren Buffett

Warren Buffett, Chairman and CEO of Berkshire Hathaway

  Consistently buy an S&P 500 low-cost index fund - Warren Buffett.
  • Widely regarded as the best single gauge in the U.S. equities market, this world-renowned index includes a representative sample of 500 companies in the leading industries of the U.S. The S&P 500 focuses on the large-cap segment of the market, with over 80% coverage of U.S. equities, but it is also an ideal proxy for the total market.
  • The history of the S&P 500 dates back to 1923, when Standard and Poor’s introduced an index covering 233 companies. The Index, as it is known today, was introduced in 1957 when it expanded to include 500 companies.

TOP COMPANIES BY WEIGHT

Company
GICS Sector 
Apple Inc.
Information Technology
Microsoft Corp
Information Technology
Amazon Inc
Consumer Discretionary
Facebook Inc
Information Technology
Exxon Mobil Corp
Energy
Johnson & Johnson
Health Care
Berkshire Hathaway B
Financials
JP Morgan Chase & Co
Financials
Alphabet Inc A
Information Technology
Alphabet Inc C
Information Technology

Charges

  • Annual Administration Charge - 0.125% monthly (1.5% p.a.) years 1-7
  • Policy Fee - USD 7 Monthly
  • Asset Management Fee - 0.125% monthly of fund balance

What you would end up with if:

  • You invest - USD 10,000 for 7 years in the Investors Trust S&P 500 Index Lumpsum Plan
  • You get at the end of the term - USD 14,557 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Investors Trust SP500 Lumpsum Quote
Investors Trust SP500 Lumpsum Quote

Jurisdiction - (Where your money is held)

Investors Trust Assurance SPC (“ITA”) is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority.

The Cayman Islands is an Overseas Territory of the United Kingdom recognized as the world’s sixth largest international banking centre and one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licenses here. 

Regulated banks in the Cayman Islands represent some 45 countries from around the world. This global representation proves that the Cayman Islands is widely acknowledged as one of the leading offshore financial centres.

While the financial services chapter of the Cayman Islands dates back 40 years, the seeds of it were sown as early as the 1700s. Two important legacies of history remain from that era – English common law and tax neutrality (The Cayman Islands has never had a system of direct taxation and instead employs an indirect, consumption-based taxation system). The Cayman Islands has always been an open, free market economy, and from the 1960s onwards, successfully invested its “historic capital” to the benefit of the financial services sector.

Cayman Islands is a British Offshore Territory, just like the Isle of Man and Guernsey, which are the base for Zurich International Life, Friends Provident International, Generali International, etc…

Investors Trust uses Merrill Lynch Bank of America as its custodian, and keeps client’s money in a ‘Trust’ account that is isolated from the liabilities of the Bank, or Investors Trust itself.

Which means - even if both the bank and Investors Trust were to go bankrupt, the client’s money is safe.

CONCLUSION

Would I buy this investment plan myself, and recommend to others?
Yes.

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

Read More
Investors Trust Platinum Review
Investment Platform Reviews, Product Reviews

Investors Trust Platinum Review

Investors Trust Platinum is The Lowest Entry - Lump Sum Investment Plan in the market.

The Investors Trust Platinum Investment Plan is a lump sum investment platform, designed for the investors who have at least USD 10,000 to invest, and those who don't want any commitment to invest money in a contractual savings plan, even for 5 years.

Investors Trust Platinum Investment Plan Offers the Following Benefits:

  • Wide range of investment options
  • Online account access
  • Security through the safe and private custody of assets
  • Liquidity
  • Ability to change investment strategies online
  • Facility to receive regular income from portfolio
  • Different plans to choose from
  • (To keep things simple, I am reviewing the different plans separately).

Minimum Contributions & Surrender Charges (How long your money is locked-in)

Minimum Contribution - USD/EUR/GBP 10,000 one-time.

Additional Contributions - USD/EUR/GBP 2,500 (whenever required)

Investors Trust Platinum Investment Plan has a surrender charge of -

  • End of year 1 - 6.4%
  • End of year 2 - 4.8%
  • End of year 3 - 3.2%
  • End of year 4 - 1.6%
  • End of year 5 - 0%

While surrender charges are not desirable, if you hold the plan for at least 5 years (which you should with any investment), the Investors Trust Platinum Investment Plan offers good value for money at the USD 10,000 entry point.

Capital Protection

Investment Options (Where the money can be invested)

  • The Investors Trust Platinum Investment Plan offers around 150 investment funds including 17 Exchange Traded Funds (ETFs), apart from mutual funds to choose from.
  • Some of the fund managers include - Alliance Bernstein, BlackRock, Fidelity, Franklin Templeton, GAM, Henderson, Investec, iShares, Invesco, Man Investments, MFS International, Morgan Stanley, Pictet International, PIMCO, Schroders, etc…
  • Warren Buffet recommends investing in low cost index-funds. The Investors Trust Platinum Investment Plan offers 17 low-cost iShares ETFs which allow you to invest in various index funds with very low costs.
Some of the ETFs offered have annual charges as low as 0.1% per annum.

Charges

  • Annual Administration Charge - 1.6% p.a. (taken monthly at 0.13% p.m. years 1 - 5 only)
  • Bid/Offer Spread - Nil
  • Policy Fee - USD/EUR 7.00 (GBP 4.5) Monthly
  • Asset Management Fee - 0.125% monthly (1.25% p.a.) of fund balance as long as money stays invested.
  • Free Partial Withdrawals - Free partial withdrawals available, but subject to maintaining the Minimum Cash Surrender Value of USD/EUR/GBP 2,500.

What you would end up with if:

  • You invest - USD 10,000, and withdraw after 10 years for example,
  • You get at the end of the 10 years - USD 18,918 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Investors Trust Platinum Plan Quote
Investors Trust Platinum Plan Quote

Jurisdiction - (Where your money is held)

Investors Trust Assurance SPC (“ITA”) is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority.

The Cayman Islands is an Overseas Territory of the United Kingdom recognized as the world’s sixth largest international banking centre and one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licenses here. 

Regulated banks in the Cayman Islands represent some 45 countries from around the world. This global representation proves that the Cayman Islands is widely acknowledged as one of the leading offshore financial centres.

While the financial services chapter of the Cayman Islands dates back 40 years, the seeds of it were sown as early as the 1700s. Two important legacies of history remain from that era – English common law and tax neutrality (The Cayman Islands has never had a system of direct taxation and instead employs an indirect, consumption-based taxation system). The Cayman Islands has always been an open, free market economy, and from the 1960s onwards, successfully invested its “historic capital” to the benefit of the financial services sector.

Cayman Islands is a British Offshore Territory, just like the Isle of Man and Guernsey, which are the base for Zurich International Life, Friends Provident International, Generali International, etc…

Investors Trust uses Merrill Lynch Bank of America as its custodian, and keeps client’s money in a ‘Trust’ account that is isolated from the liabilities of the Bank, or Investors Trust itself.

Which means - even if both the bank and Investors Trust were to go bankrupt, the client’s money is safe.

CONCLUSION

Would I buy this investment plan myself, and recommend to others?
Yes

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any.

All opinions are welcome.

Read More
Zurich Vista Review
Product Reviews, Saving Plans Reviews

Zurich International Life Vista Review

Zurich International Vista is the second most expensive regular savings plan in the market.

Zurich International Life Vista range of savings plans are called - ‘Vista – our simple, regular savings policy’, by Zurich. I can tell you right now, there is nothing simple about this product.

The charges are difficult to understand, and the product has very high surrender charges, even for the 5-year term.

Minimum Contributions & Investment Terms

Minimum Contributions - USD 300 per month / USD 3,600 per year

The Zurich International Life Vista Savings Plan offers the following terms - 5 years and above.

Capital Protection

The Zurich International Life Vista Savings Plan is not ‘Capital Protected’ regardless of the term selected. 

If you are looking for ‘Capital Protected’ Savings Plans, read this review - Investors Trust S&P500 Index Review.

Investment Options (Where the money can be invested)

The Zurich International Life Vista Savings Plan offers around 300 mutual funds to choose from.

The funds offered are from some of the top fund managers in the world, but all the funds offered in this savings plan are mirror funds.

Zurich International Life levies their own mirror fund charge over and above the fund manager's charges.

Charges

Expense Recoupment Charge - 4% each year of the value of the initial units (typically 18 months premiums)

Bid/Offer Spread - Nil

Policy Charge - USD 8.25 per month

Yearly Management Charge - 1% per annum - this charge is based on the policy value and will be deducted on a monthly basis.

Zurich International Life Vista savings plan offers bonuses and enhanced allocations, based on the total amount of annual premium paid.

The simplest way to understand charges is to see what you would end up with - at a certain level of monthly contribution, and assumed growth rate, and net of all product charges. See the section below.

What you would end up with if:

You save - USD 1,000 per month, for 5 years,

You paid - USD 60,000 in 5 years,

You get at the end of the term - USD 67,577 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Zurich Vista Quote
Zurich Vista Quote

Jurisdiction - (Where your money is held)

Zurich International Life Limited provides life assurance, investment and protection products and is authorised by the Isle of Man Financial Services Authority.

Protection issues

For life assurance companies, the Isle of Man's Life Assurance (Compensation of Policyholders) Regulations 1991 ensure that, in the event of a life assurance company being unable to meet its liabilities to its policyholders, and subject to the Regulations, the scheme manager shall pay to the policyholder out of the Policyholders' Compensation Fund a sum equal to 90% of the amount of any liability of the insurer under the contract.

The Island's scheme operates globally, providing protection to policyholders no matter where they reside.

The scheme would be funded by a levy on the funds of the other life assurance companies.

The Financial Services Ombudsman

The role of the Authority does not extend to acting as arbitrator for individual policyholder complaints. However, it should be noted that the Isle of Man has a Financial Services Ombudsman scheme which has a broader remit. This service is free and designed to handle consumer disputes in the areas of Insurance, Banking, Investment and Pensions from consumers of Isle of Man regulated businesses from around the World.

To pursue a complaint, the complainant must first have formally taken the matter up with the institution concerned, and must contact the Ombudsman within 6 years of the act or omission taking place, or within 2 years of the date at which the act or omission came to the notice of the complainant.

Complaints where the act or omission occurred prior to April 20th 1999 do not fall under the scheme.

The scheme's adjudicator has the power to impose directions to remedy the position, and can make monetary awards of up to £100,000 in respect of an act or omission which occurred before 1st April 2012 or £150,000 if that act or omission occurrred on or after 1st April 2012.

CONCLUSION

Would I buy this savings plan myself, and recommend to others?
No

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any.

All opinions are welcome.

Read More
Generali Vision Review
Product Reviews, Saving Plans Reviews

Generali Vision Review

Generali Vision is currently the most expensive regular savings plan in the market.

Latest Update (January 2019) : Assicurazioni Generali UAE, is not accepting anymore business from clients in the U.A.E

The Generali Vision UAE savings plan is a unit-linked, regular premium, whole of life assurance plan. It is designed for medium to long-term regular saving. To maximise its potential you should pay your premiums for the entire premium payment term selected.

Vision UAE is brought to you by Assicurazioni Generali S.p.A. (Generali) in the UAE. Generali is registered under UAE Federal Law No. 6 of 2007 and regulated by the Insurance Authority.

Generali Vision used to be one of the cheapest 5-year savings plans in the market. Now, the new version has increased charges, and it becomes an expensive savings plan in the market.

Minimum Contributions & Investment Terms

Minimum Contributions - USD 300 per month / USD 3,600 per year (for terms of 10 years and longer), and USD 750 per month, for 5 year terms.

The Vision Savings Plan offers the following terms - 5 years and above.

Capital Protection

The Vision Savings Plan is not ‘Capital Protected’ regardless of the term selected. 

If you are looking for ‘Capital Protected’ Savings Plans, read this review - Investors Trust S&P500 Index Review.

Investment Options (Where the money can be invested)

The Vision Savings Plan offers around 250 odd mutual funds to choose from.

These funds are from some of the top fund managers in the world. All the funds offered in this savings plan are direct funds (cheaper than mirror funds).

Charges

Administration Fee - Where a Premium Payment Term of less than ten years is selected, administration fee is 2.75% p.a. of total premiums due till year five, and 2% p.a. of total premiums due till year 10.

Bid/Offer Spread - 0 to 2% (difference between the buying and selling price of funds)

Policy Charge - USD 4.5 per month

Yearly Management Charge - 0.5 to 3% per annum - this charge is based on the policy value and will be deducted on a monthly basis.

Generali Vision savings plan offers bonuses enhanced allocation on each premium, based on the total amount of annual premium paid.

The simplest way to understand charges is to see what you would end up with - at a certain level of monthly contribution, and assumed growth rate, and net of all product charges. See the section below.

What you would end up with if:

You save - USD 1,000 per month, for 5 years,

You paid - USD 60,000 in 5 years,

You get at the end of the term - USD 64,451 with an assumed growth rate of 8% (net of charges)

What an actual quote looks like:

Click on the images below to magnify them. 

Generali Vision Quote
Generali Vision Quote

Jurisdiction - (Where your money is held)

Generali International is based in Guernsey in the Channel Islands, one of the most respected and well regulated international finance centres in the worldd

The Guernsey jurisdiction protects investors by guarantee at least 90% of the liabilities of insurance companies in Guernsey should they go bankrupt.

CONCLUSION

Would I buy this savings plan myself, and recommend to others?
No

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any.

All opinions are welcome.

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Metlife Wealthbuilder Review
Product Reviews, Saving Plans Reviews

Metlife Wealth Builder Review

Metlife Wealth Builder is the third most expensive regular savings plan in the market.

The Metlife Wealth Builder savings plan is similar to other savings plan offerings by life insurance companies with investment options of mutual funds and a couple of ETFs.

Minimum Contributions & Investment Terms

Minimum Contributions - USD 600 per month / USD 7,200 per year

The Metlife Wealth Builder offers the following terms - 5 years to 25 years.

Capital Protection

The Metlife Wealth Builder Savings Plan is not ‘Capital Protected’ regardless of the term selected. 

If you are looking for ‘Capital Protected’ Savings Plans, read this review - Investors Trust S&P500 Index Review.

Investment Options (Where the money can be invested)

The Metlife Wealth Builder Savings Plan offers around 140 mutual funds to choose from.

The funds offered are from some of the top fund managers in the world, but only a couple of low-cost ETFs or index funds are offered.

Some of the mutual funds offered have annual charges as high as 2.5% per annum.

Charges

Policy Administration Charge - 3.5% of Account Value of Capital Account 

Management and Expense Charge 
0-30 months - 1.44% p.a.
31-60 months - 1.20% p.a.

Premium Charge - 5% p.a. of target premiums

The Metlife Wealth Builder savings plan offers bonuses and enhanced allocations, based on the total amount of annual premium paid. 

The simplest way to understand charges is to see what you would end up with - at a certain level of monthly contribution, and assumed growth rate, and net of all product charges. See the section below.

What you would end up with if:

You save - USD 1,000 per month, for 5 years,

You paid - USD 60,000 in 5 years,

You get at the end of the term - USD 68,145 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Metlife Wealth Builder Quote
Metlife Wealth Builder Quote
Metlife Wealth Builder Quote
Metlife Wealth Builder Quote
Metlife Wealth Builder Quote
Metlife Wealth Builder Quote

Jurisdiction - (Where your money is held)

Metlife UAE is a subsidiary of Metlife Inc., jurisdiction where your money is held - is the United States of America.

Here is an excerpt from the Metlife Inc. 10K form filing.

Overview

In the U.S., our life insurance companies are regulated primarily at the state level with some products and services also subject to federal regulation. In addition, MetLife, Inc. and its U.S. insurance subsidiaries are subject to regulation under the insurance holding company laws of various U.S. jurisdictions.

As a non-bank systemically important financial institution (“non-bank SIFI”), MetLife, Inc. is also subject to regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”) and the Federal Reserve Bank of New York (collectively, with the Federal Reserve Board, the “Federal Reserve”) and the Federal Deposit Insurance Corporation (“FDIC”).

Furthermore, some of MetLife’s operations, products and services are subject to consumer protection laws, securities, broker-dealer and investment adviser regulations, environmental and unclaimed property laws and regulations, and to the Employee Retirement Income Security Act of 1974 (“ERISA”). 

Our international insurance operations are principally regulated by insurance regulatory authorities in the jurisdictions in which they are located or operate. In addition, our investment and pension companies outside of the U.S. are subject to oversight by the relevant securities, pension and other authorities of the countries in which the companies operate.

Our non-U.S. insurance businesses are also subject to current and developing solvency regimes which impose various capital and other requirements. As a global systemically important insurer (“G-SII”), MetLife, Inc. may also become subject to additional capital requirements. See “ International Regulation.”

U.S. Regulation

Insurance Regulation

State insurance regulation generally aims at supervising and regulating insurers, with the goal of protecting policyholders and ensuring that insurance companies remain solvent. Insurance regulators have increasingly sought information about the potential impact of activities in holding company systems as a whole, and some jurisdictions have adopted laws and regulations enhancing “group-wide” supervision, as supported by the National Association of Insurance Commissioners’ (“NAIC”) Solvency Modernization Initiative. See “— NAIC” for information regarding group-wide supervision.

Each of MetLife’s insurance subsidiaries operating in the United States is licensed and regulated in each U.S. jurisdiction where it conducts insurance business. The extent of such regulation varies, but most jurisdictions have laws and regulations governing the financial aspects and business conduct of insurers. 

CONCLUSION

Would I buy this savings plan myself, and recommend to others?
No.

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

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Friends Provident Premiere Advance Review
Product Reviews, Saving Plans Reviews

Friends Provident Premier Advance Review

Friends Provident Premiere Advance is the fourth most expensive regular savings plan in the market.

Friends Provident Premier Advance is a unit-linked regular payment savings plan designed to be held as a medium to long-term investment.

Friends Provident Premier Advance also has mirror funds similar to the Zurich Vista Savings Plan which add another layer of costs to the already high product charges.

While it is marginally better than Generali Vision and Zurich Vista, it is still a savings product that is more expensive.

Minimum Contributions & Investment Terms

Minimum Contributions - USD 300 per month / USD 3,600 per year

The Friends Provident Premier Advance Savings Plan offers the following terms - 5 years and above.

Capital Protection

The Friends Provident Premier Advance Savings Plan is not ‘Capital Protected’ regardless of the term selected. 

If you are looking for ‘Capital Protected’ Savings Plans, read this review - Investors Trust S&P500 Index Review.

Investment Options (Where the money can be invested)

The Friends Provident Premier Advance Savings Plan offers around 190 mutual funds and some ETFs to choose from.

The funds offered are from some of the top fund managers in the world, but all the funds offered in this savings plan are mirror funds with very high charges.

Friends Provident levies their own mirror fund charge over and above the fund manager's charges.

 Some of the mutual funds offered have annual charges as high as 2.53% per annum, over and above the mirror fund charge of 1.2%. This adds up to 3.73% per annum, over and above the product charges.

Charges

Initial Charge - An initial charge of 1.5% is taken each quarter from the initial unit holding over the term of the plan. This charge is taken by cancelling initial units on the quarterly anniversary of the plan commencement date.

Bid/Offer Spread - 7% (Difference between the buying and selling price of funds within the plan)

Policy Charge - USD 6 per month

Fund Administration Charge - 1.2% per annum - this charge is based on the policy value and will be deducted on a monthly basis.

The Friends Provident Premier Advance savings plan offers bonuses and enhanced allocations, based on the total amount of annual premium paid. 

The simplest way to understand charges is to see what you would end up with - at a certain level of monthly contribution, and assumed growth rate, and net of all product charges. See the section below.

What you would end up with if:

You save - USD 1,000 per month, for 5 years,

You paid - USD 60,000 in 5 years,

You get at the end of the term - USD 69,071 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Friends Provident Premiere Advance Quote
Friends Provident Premiere Advance Quote

Jurisdiction - (Where your money is held)

Friends Provident International Limited provides life assurance, investment and protection products and is authorised by the Isle of Man Financial Services Authority.

Protection issues

For life assurance companies, the Isle of Man's Life Assurance (Compensation of Policyholders) Regulations 1991 ensure that, in the event of a life assurance company being unable to meet its liabilities to its policyholders, and subject to the Regulations, the scheme manager shall pay to the policyholder out of the Policyholders' Compensation Fund a sum equal to 90% of the amount of any liability of the insurer under the contract.

The Island's scheme operates globally, providing protection to policyholders no matter where they reside.

The scheme would be funded by a levy on the funds of the other life assurance companies.

The Financial Services Ombudsman

The role of the Authority does not extend to acting as arbitrator for individual policyholder complaints. However, it should be noted that the Isle of Man has a Financial Services Ombudsman scheme which has a broader remit. This service is free and designed to handle consumer disputes in the areas of Insurance, Banking, Investment and Pensions from consumers of Isle of Man regulated businesses from around the World.

To pursue a complaint, the complainant must first have formally taken the matter up with the institution concerned, and must contact the Ombudsman within 6 years of the act or omission taking place, or within 2 years of the date at which the act or omission came to the notice of the complainant.

Complaints where the act or omission occurred prior to April 20th 1999 do not fall under the scheme.

The scheme's adjudicator has the power to impose directions to remedy the position, and can make monetary awards of up to £100,000 in respect of an act or omission which occurred before 1st April 2012 or £150,000 if that act or omission occurrred on or after 1st April 2012.

CONCLUSION

Would I buy this savings plan myself, and recommend to others?
Never.

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

Read More
Investors S&P500 Index Review
Product Reviews, Saving Plans Reviews

Investors Trust S&P 500 Index Review

Investors Trust S&P 500 Index is arguably The Best Capital Protected Savings Plan in the market.

Investors Trust S&P 500 Index is a range of savings plans with ‘unlimited growth and downside protection’.

Although there are other capital protected savings plan providers in the UAE, Investors Trust is the only licensed savings plan provider out of them.

If you need a savings plan with capital protection, the Investors Trust S&P 500 Index is arguably the best option out there.

It allows you to invest and participate in the full growth of the S&P 500 (as recommended by Warren Buffett), with downside protection.

Have a question? Feel free to Ask Your Question Here.

I am personally using the 15-year savings plan to save for my daughter’s college education fees. If you are looking for the 'Cheapest and Best performing savings plan in the UAE, Click here'.

Minimum Contributions & Investment Terms

  • Minimum Contributions - USD 200 per month / USD 2,400 per year
  • Investors Trust S&P 500 Index Savings Plan offers the following terms - 10, 15, and 20 years.

Capital Protection

The Investors Trust S&P 500 Index Savings Plan is ‘Capital Protected’. 

  • The 10-year version provides a minimum guarantee of 100% of the capital invested or the actual market value of the S&P 500, which ever is higher.
  • The 15-year version provides a minimum guarantee of 140% of the capital invested or the actual market value of the S&P 500, which ever is higher.
  • The 20-year version provides a minimum guarantee of 160% of the capital invested or the actual market value of the S&P 500, which ever is higher.

Investment Options (Where the money can be invested)

The Investors Trust S&P 500 Index Savings Plan only invests in the S&P 500. There are no other investment options.

Consistently buy an S&P 500 low-cost index fund - Warren Buffett.
  • Widely regarded as the best single gauge in the U.S. equities market, this world-renowned index includes a representative sample of 500 companies in the leading industries of the U.S. The S&P 500 focuses on the large-cap segment of the market, with over 80% coverage of U.S. equities, but it is also an ideal proxy for the total market.
  • The history of the S&P 500 dates back to 1923, when Standard and Poor’s introduced an index covering 233 companies. The Index, as it is known today, was introduced in 1957 when it expanded to include 500 companies.

top companies by weight

Company
GICS Sector 
Apple Inc.
Information Technology
Microsoft Corp
Information Technology
Amazon Inc
Consumer Discretionary
Facebook Inc
Information Technology
Exxon Mobil Corp
Energy
Johnson & Johnson
Health Care
Berkshire Hathaway B
Financials
JP Morgan Chase & Co
Financials
Alphabet Inc A
Information Technology
Alphabet Inc C
Information Technology

Charges

Annual Administration Charge

  • 2% p.a. (10-year version)
  • 1.7% p.a. (15-year version)
  • 1.1% p.a. (20-year version)

Bid/Offer Spread - Nil

Policy Fee - USD 10 Monthly

Structure Fee - 0.125% monthly of fund balance

What you would end up with if:

  • You save - USD 1,000 per month, for 15 years,
  • You paid - USD 180,000 in 15 years,
  • You get at the end of the term - USD 291,075 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Investors Trust SP500 page_1
Investors Trust SP500 page_2

Actual Performance of S&P 500 Index (over last 13 years):

Click on the images below to magnify them.

S&P15Yr-Actual-Performance_page_1
S&P15Yr-Actual-Performance_page_2
S&P15Yr-Actual-Performance_page_3
S&P15Yr-Actual-Performance_page_4
S&P15Yr-Actual-Performance_page_5
S&P15Yr-Actual-Performance_page_6

Jurisdiction - (Where your money is held)

Investors Trust Assurance SPC (“ITA”) is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority.

The Cayman Islands is an Overseas Territory of the United Kingdom recognized as the world’s sixth largest international banking centre and one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licenses here. 

Regulated banks in the Cayman Islands represent some 45 countries from around the world. This global representation proves that the Cayman Islands is widely acknowledged as one of the leading offshore financial centres.

While the financial services chapter of the Cayman Islands dates back 40 years, the seeds of it were sown as early as the 1700s. Two important legacies of history remain from that era – English common law and tax neutrality (The Cayman Islands has never had a system of direct taxation and instead employs an indirect, consumption-based taxation system). The Cayman Islands has always been an open, free market economy, and from the 1960s onwards, successfully invested its “historic capital” to the benefit of the financial services sector.

Cayman Islands is a British Offshore Territory, just like the Isle of Man and Guernsey, which are the base for Zurich International Life, Friends Provident International, Generali International, etc…

Investors Trust uses Merrill Lynch Bank of America as its custodian, and keeps client’s money in a ‘Trust’ account that is isolated from the liabilities of the Bank, or Investors Trust itself.

Which means - even if both the bank and Investors Trust were to go bankrupt, the client’s money is safe.

CONCLUSION

Would I buy this savings plan myself, and recommend to others?
Yes

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

Read More
Investors Trust Evolution Review
Product Reviews, Saving Plans Reviews

Investors Trust Evolution Review

Investors Trust Evolution is The Lowest Cost Savings Plan in the market.

Although there are many providers of savings plans in the UAE, Investors Trust Evolution savings plans shine apart from them.

Investors Trust call their Evolution range of savings plans - ‘the new generation of savings plans’. 

If you are trying to invest money in a regular savings plan, the Investors Trust Evolution Savings Plan, is the cheapest and best performing (because of low-cost ETF investment options) savings plan in the market.

Minimum Contributions & Investment Terms 

  • Minimum Contributions - USD 100 per month / USD 1,200 per year
  • The Evolution Savings Plan offers the following terms - 5, 10, 15, 20, and 25 years.
  • I don’t recommend savings plan terms longer than 5 years, unless the savings plans offer capital and/or returns guarantees.

Capital Protection

Investment Options (Where the money can be invested)

  • The Evolution Savings Plan offers around 150 investment funds including 17 Exchange Traded Funds (ETFs), apart from mutual funds to choose from.
  • Some of the fund managers include - Alliance Bernstein, BlackRock, Fidelity, Franklin Templeton, GAM, Henderson, Investec, iShares, Invesco, Man Investments, MFS International, Morgan Stanley, Pictet International, PIMCO, Schroders, etc…
  • Warren Buffet recommends investing in low cost index-funds. The Evolution Savings Plan offers 17 low-cost iShares ETFs which allow you to invest in various index funds with very low costs.
  Some of the ETFs offered have annual charges as low as 0.1% per annum.

Charges

  • Annual Administration Charge - 1.9% p.a. from years 1 - 10, and 0.35% p.a. from years 11 through the Term of Plan.
  • Bid/Offer Spread - Nil
  • Policy Fee - USD/EUR 7.00 (GBP 4.5) Monthly
  • Asset Management Fee - 0.125% monthly of fund balance
  • The Investors Trust Evolution savings plan offers bonuses and enhanced allocations, based on the total amount of annual premium paid. Personally I consider this a marketing gimmick.
Having said that, the Evolution savings plan is still the cheapest 5-year savings plan in the market.

The simplest way to understand charges is to see what you would end up with - at a certain level of monthly contribution, and assumed growth rate, and net of all product charges. See the section below.

What you would end up with if:

  • You save - USD 1,000 per month, for 5 years,
  • You paid - USD 60,000 in 5 years,
  • You get at the end of the term - USD 73,169 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them.

Evolution 5Y 1000P Page-1
Evolution 5Y 1000P Page_2

Jurisdiction - (Where client's money is held)

Investors Trust Assurance SPC (“ITA”) is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority.

The Cayman Islands is an Overseas Territory of the United Kingdom recognized as the world’s sixth largest international banking centre and one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licenses here. 

Regulated banks in the Cayman Islands represent some 45 countries from around the world. This global representation proves that the Cayman Islands is widely acknowledged as one of the leading offshore financial centres.

While the financial services chapter of the Cayman Islands dates back 40 years, the seeds of it were sown as early as the 1700s. Two important legacies of history remain from that era – English common law and tax neutrality (The Cayman Islands has never had a system of direct taxation and instead employs an indirect, consumption-based taxation system). The Cayman Islands has always been an open, free market economy, and from the 1960s onwards, successfully invested its “historic capital” to the benefit of the financial services sector.

Cayman Islands is a British Offshore Territory, just like the Isle of Man and Guernsey, which are the base for Zurich International Life, Friends Provident International, Generali International, etc…

Investors Trust uses Merrill Lynch Bank of America or other secure and large custodians globally, and keeps client’s money in a ‘Trust’ account that is isolated from the liabilities of the Bank, or Investors Trust itself.

Which means - even if both the bank and Investors Trust were to go bankrupt, the client’s money is safe.


CONCLUSION

Would I buy this savings plan myself, and recommend to others?
Yes

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

Read More
Family income protection
Whole-Life Insurance Product Reviews

Zurich Futura Full Details

Note: These documents are updated as of June 2017. Click on the links below to access the information:

Zurich Futura Key Features Document - This document has all the key features of the Zurich Futura Policy

Zurich Middle East Claims Statistics - This document has the statistics of all the claims paid out by Zurich in the Middle East.

Zurich Futura Critical Illness List - There more than 30 critical illnesses covered in the document in full detail.

Zurich Futura Benefits Explained - This document explains the meaning of each benefit offered by the Zurich Futura product.

Have a question, feel free to ask it below:

Ask a Question

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What a refreshing difference to past experiences with other financial consultants, he did not try to squeeze me into a “one size fits all package” but provided a “Tailor Made Solution” based on my specific requirements together with some optional, good advice.

The choice of Amit as my Personal Wealth Adviser was a good one and I can recommend him with confidence to anyone who is concerned about preserving and growing their wealth.

Glen Gifford Business Development & Investments Director
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I approached Amit for education planning for my son. Amit is very knowledgeable on the subject of wealth planning and cared about my needs.

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I have been Amit's client since 2012. He has helped my save for my daughter's college education and also protect my income. He meets me regularly to review the status of my plans as well as my financial situation.

I would have struggled to achieve that goal was it not for his planning and professional approach. If you are a caring parent who wants to secure your child's future, you should contact Amit asap.

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