{"id":40207,"date":"2024-06-20T15:18:09","date_gmt":"2024-06-20T09:48:09","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2024\/06\/20\/appreciate-unveils-goals-a-low-cost-zero-friction-us-etfs-basket-for-indian-investors\/"},"modified":"2024-06-20T15:18:09","modified_gmt":"2024-06-20T09:48:09","slug":"appreciate-unveils-goals-a-low-cost-zero-friction-us-etfs-basket-for-indian-investors","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2024\/06\/20\/appreciate-unveils-goals-a-low-cost-zero-friction-us-etfs-basket-for-indian-investors\/","title":{"rendered":"Appreciate unveils Goals, a low-cost, zero-friction US ETFs basket for Indian investors"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], June 20:<\/strong> \u00a0Appreciate<\/a>, a SEBI and IFSCA registered fintech company, unveils\u00a0Goals, a customised basket of ETFs designed for smart retail investors seeking to diversify their portfolio globally with exposure to US markets.\u00a0Goals\u2019\u00a0constituent ETFs invest in globally reputed US companies along with US treasury offerings, helping the Indian investor target long-term growth along with capital preservation.<\/p>\n

Designed on the same lines as a SIP,\u00a0Goals\u00a0channels investors\u2019 contributions into a specially designed ETF basket seamlessly and without subscription, fixed remittance fee or withdrawal fee. In backtesting,\u00a0Goals\u00a0delivered high annualised returns by deploying a smart combination of equities, treasuries, gold, real estate funds as well as leveraging currency appreciation to its advantage.\u00a0<\/p>\n

Goals\u00a03-year Sharpe ratio \u2014 a metric used to measure returns on an investment adjusting for its risk \u2014 surpasses the average Sharpe ratio of the 50 top Indian mutual funds (with AUMs of over\u00a0\u20b91,000 crore).\u00a0<\/p>\n

The average Sharpe ratio of\u00a0Goals\u00a0standing at 2.93 towers over these Indian mutual funds\u2019 Sharpe ratio of 1.68. This makes the\u00a0Goals\u00a0Sharpe ratio 1.73 times higher than that of these Indian mutual funds. The elevated Sharpe ratio indicates that on a risk-adjusted basis,\u00a0Goals\u00a0delivers superior returns compared to mutual funds in India.<\/p>\n

At the portfolio returns level,\u00a0Goals\u00a0returns categorically outpace the returns of many mutual funds. Including currency appreciation,\u00a0Goals\u00a0delivered 24.14% returns in the 1-year period, 9.49% in the last 3-year period, and 14.96% in the last 5-year period.<\/p>\n

Goals\u00a0is powered by Appreciate\u2019s proprietary AI algorithms which offer smooth and friction-free tracking of capital growth with reminders and tools to increase savings every year. The AI-powered offering automatically rebalances portfolios at phased intervals after gauging volatility levels and overall portfolio performance. A brief questionnaire also helps the AI assess the investor\u2019s risk appetite. Prospective investment suggestions are calibrated to suit the individual\u2019s life goals and risk tolerance. Meanwhile, the SIP fosters a disciplined approach to investing, helping the investor build wealth over the long run.<\/p>\n

\u201cGoals\u00a0opens up the gateway for millions of tech-savvy Indian investors looking to invest in the US markets. Before\u00a0Appreciate\u00a0arrived, investors looking to diversify their portfolio with exposure to US equities and treasuries were at a disadvantage as platforms offering low-cost and hassle-free access to the US markets were truly lacking in the Indian ecosystem. With the launch of\u00a0Goals, Indian investors can benefit from SIP contributions which will compound wealth by averaging during different market outlooks\u201d\u00a0Subho Moulik, Founder and CEO of Appreciate said.<\/p>\n

Appreciate Goals Performance (As of April \u201824)<\/strong><\/p>\n

Appreciate Goals Sharpe ratio vs Indian mutual funds:<\/p>\n

The Appreciate platform provides a user-friendly interface, granting investors access to a comprehensive suite of financial tools, personalized investment recommendations, and expert insights. Appreciate\u2019s AI-recommendations engine helps customers identify the right investments for them, based on key technical indicators and research made available on the Appreciate platform, at the click of a button. \u00a0<\/p>\n

Appreciate\u2019s future offerings will extend beyond U.S. stocks, ETFs, and bonds to Indian mutual funds, Indian stocks, rupee fixed deposits, and other domestic financial investment products. The company plans to rapidly accelerate its domestic product offerings over the course of the year 2024, to fulfil its vision of being the financial destination for one billion Indians to achieve their financial goals. \u00a0\u00a0<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], June 20: \u00a0Appreciate, a SEBI and IFSCA registered fintech company, unveils\u00a0Goals, a customised basket of ETFs designed for smart retail investors seeking to diversify their portfolio globally […]<\/p>\n","protected":false},"author":1,"featured_media":40208,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":249},"categories":[778,686,779,780,680,781,782,783,683,9,784,785,786,787],"tags":[685],"class_list":["post-40207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-appreciate","category-business-news","category-equities","category-etf","category-finance","category-global-investing","category-investing","category-mutual-funds","category-pnn-news","category-press-release","category-sebi","category-sip","category-stock-market","category-us-stock-market","tag-finance","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/40207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=40207"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/40207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/40208"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=40207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=40207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=40207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}