Sectoral funds out from the investment portfolio of Max New York LifeSectoral funds will not find a place in the investment portfolio of Max New York Life Insurance Co. Ltd.
Apnainsurance.com Research Bureau
10 May 2008
Sectoral funds will not find a place in the investment portfolio of Max New York Life Insurance Co. Ltd. As in a sectoral fund, investments to achieve their break-even point will require a long term prospective.
The insurance company has a policy of safety and security. Investors have to match the markets and the best performing sector on a regular basis. It would require a periodic review on the portfolio. A sector could be the best performer in a particular period but not for the entire year.