Prudent Corporate Advisory Services Limited · NSE:PRUDENT
Prudent Corporate Advisory Services — ICICI Prudential Asset Management Company — Investor Presentation (September 2011)
26 slides from Prudent Corporate Advisory Services's investor presentation, Sep 20, 2011
Slide 1: ICICI Prudential Regular Gold Savings Fund
ICICI Prudential Regular Gold Savings Fund (An Open Ended Fund of Funds scheme) NFO period September 20, 2011 to October 4, 2011 The information contained herein are strictly confidential and are meant solely for distributor and the recipient shall not alter in any way, transmitted to, copied or dis
Slide 2: Presentation Structure
Presentation Structure Why should one buy Gold? Why buy Gold now? Introducing ICICI Prudential Regular Gold Savings Fund 2
Slide 3: Why should one buy Gold?
Why should one buy Gold? 3
Slide 4: Gold: A value preservator & enhancer
Why should one buy Gold? Gold: A value preservator & enhancer CPI Inflation and Gold Prices (INR/OZ) (Rebased to 1000) Inflation reduces the value of 6000 5000 cash 4000 3000 Gold, over years has 2000 1000 maintained its value against 0 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Sep-98 May-99 Sep
Slide 5: Gold: A Portfolio Diversifier
Why should one buy Gold? Gold: A Portfolio Diversifier 3 Year Return Correlation on key assets and Gold DJ UBS Commodity Index 0.31 Brent Crude Oil (INR/bbl) 0.34 MSCI US -0.09 MSCI EM 0.07 BSE Sensex 30 Spot -0.04 BSE 200 Spot -0.07 MSCI India -0.05 Bar Cap Global Agg 0.13 JPM GBI EM 0.07 JPM GBI I
Slide 6: Gold: A critical key to asset allocation
Why should one buy Gold? Gold: A critical key to asset allocation GOLD BSE SMALL CAP BSE SENSEX LIQUID CASH (Crisil Liquid Fund Index) DEBT - LONG TERM (Crisil Composite Bond Fund Index) DEBT - SHORT TERM (Crisil Short Term Bond Fund Index) Market Outperformers keep changes calling for asset allocat
Slide 7: Gold: A strong performer
Why should one buy Gold? Gold: A strong performer Gold Performance (INR) 30% 25% 20% 18.91% 18.96% 18.12% 16.48% CAGR 15% 10% 5% 0% 1 Year 3 Year 5 Year 10 Year Data Source: World Gold Council 18.12% CAGR over the last 10 years Past performance may or may not be sustained future. The performance of
Slide 8: Gold: A portfolio stabilizer
Why should one buy Gold? Gold: A portfolio stabilizer Return volatility on Gold and MSCI India (INR) Data Source: World Gold Council, Data till June 30, 2011 Data Source: World Gold Council Gold returns show low volatility as compared to equities 22-day rolling anualized daily return volatility on g
Slide 9: Why buy Gold now?
Why buy Gold now? 9
Slide 10: Universal appeal in most of the scenarios
Why buy Gold now? Universal appeal in most of the scenarios Factors Possible Effects Decline in Growth in Inflationary Higher Gold Confidence in Money Supply Pressures Prices Paper Currency Increase in Volatile stocks Safe Haven Higher Gold Demand for & Oil prices appeal Prices Gold Rotation in to H
Slide 11: Increasing Investment Demand
Why buy Gold now? Increasing Investment Demand 4500 Gold Demand (In tonnes) 4000 3500 3000 2500 2000 1500 1000 500 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Jewellery Bar & Coins ETFs & similar Technology Data Source: World Gold Council Gold’s demand trend is increasingly shifting towards
Slide 12: Central Banks turn net buyers
Why buy Gold now? Central Banks turn net buyers Official sector sales (tonnes) Average annual central banks sales was 400 tonnes pa between 2001-2007, but this fell to 200 tonnes in 2008, 34 tonnes in 2009 and then turned into central bank purchases of 73 tonnes in 2010 Mexico bought over 93 ton
Slide 13: The Chinese love Gold…
Why buy Gold now? The Chinese love Gold… Note: China gold consumption figure excludes PBoC purchasing. Source: GFMS, World Gold Council estimates Gold consumption per capita rose from 0.17gm in 2002 to 0.33gm in 2009 13
Slide 14: …And so do Indians
Why buy Gold now? …And so do Indians Data Source: World Gold Council, UBS Per capita Gold consumption is expected to increase in line with increase in per capita GDP 14
Slide 15: Drop in Mined Gold
Why buy Gold now? Drop in Mined Gold Gold Supply (In Tonnes) 4500 4000 3500 3000 2500 2000 1500 1000 500 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 Mine supply (Net of Dehedging) Official sector Recycled gold Data Source: World Gold Council In the face of rising prices, Supply in being increasin
Slide 16: Introducing ICICI Prudential Regular Gold Savings Fund
Introducing ICICI Prudential Regular Gold Savings Fund 16
Slide 17: About the Fund
ICICI Prudential Regular Gold Savings Fund About the Fund Open-ended fund of funds scheme investing in units of ICICI Prudential Gold Exchange Traded Fund Offers opportunity to participate in bullion market through investment in Gold Exchange Traded Fund (Gold ETF) in a cost effective and conven
Slide 18: Structure of Fund
ICICI Prudential Regular Gold Savings Fund Structure of ICICI Prudential Regular Gold Savings Fund Investor Invests minimum of ICICI Prudential Regular Rs. 5,000 or Gold Savings Fund monthly SIP of Rs. 1, 000 issues units to investor ICICI Prudential Regular Gold Savings Fund ICICI Prudential Regula
Slide 19: Benefits of investing in the Fund
ICICI Prudential Regular Gold Savings Fund Benefits of investing in the Fund Unlocks the Power of Gold Easy liquidation thereby enabling realisation of higher gold prices Cost Efficient Costs lower than buying, storing and insuring physical gold Convenience NFO: During NFO purchase can b
Slide 20: Systematic Investment in MCX Gold since 2006
ICICI Prudential Regular Gold Savings Fund Systematic Investment in MCX Gold since 2006 Gold Investment Value of Rs.1000 per month 120000 100000 31% annualized returns 80000 60000 40000 20000 0 Nov-06 Feb-07 May-07 Aug-07 Nov-07 Feb-08 May-08 Aug-08 Nov-08 Feb-09 May-09 Aug-09 Nov-09 Feb-10 May-10 A
Slide 21: Who should invest?
ICICI Prudential Regular Gold Savings Fund Who should invest? Investors looking to diversify From other asset classes (Equity, Debt, Real Estate, etc.) From physical gold holding - A small quality of gold can be held in the form of a mutual fund unit of a Gold savings fund, hassle free Inves
Slide 22: Scheme Features
ICICI Prudential Regular Gold Savings Fund Scheme Features Fund Manager Chaitanya Pande (over 15 years of fund management experience) Indicative Investment Horizon 5 years and above Options Growth and Dividend Sub-Options (1)Growth (2)Dividend reinvestment (3) Dividend Payout Dividend facility Payou
Slide 23: Risk Factors
Risk Factors Statutory Statutory Details: Details: Settlor of ICICI Prudential Mutual Fund (IPMF): ICICI Bank Ltd. and Prudential plc; IPMF was set up as a Trust sponsored by the settlor in accordance with the provisions of Indian Trust Act, 1882. Trustee: ICICI Prudential Trust Ltd. (IPTL); Invest
Slide 24: Risk Factors
Risk Factors Unitholder Information & General Services: Services: IPAMCL shall as per the Regulations from the closure of the NFO Period will - (a) send account statement, indicating the number of unit allotted, (by ordinary post or by email, wherever the email id is provided) to the unit holder (b)
Slide 25: Disclaimers
Disclaimers Disclaimer: Disclaimer: ICICI Prudential Mutual Fund (the Fund) has used information that is publicly available, including information developed in-house. Some of the material used in the document may have been obtained from members/persons other than the Fund and/or its affiliates and w
Slide 26: Thank You
Thank You 26
ICICI Prudential Asset Management Company — Investor Presentation (September 2011) on 6ix