JM Financial Services Private Limited (JM Financial Services) has launched a unique Portfolio Management Scheme that aims to offer 100% capital protection as well as potential capital appreciation. Christened Triple AAAce, the Scheme is India's first capital protection oriented portfolio management scheme based on the Dynamic Portfolio Insurance (DPI) methodology.
Triple AAAce has been assigned a credit opinion equivalent to AAA (so) by credit rating agency CRISIL, thereby making it India's first and only CRISIL rated Portfolio Management Scheme.
Globally acknowledged leader in structured products, Societe Generale Asset Management Alternative Investment (SGAM AI), France will act as a consultant and give recommendations and advice based on the DPI methodology.
Triple AAAce aims to provide investors an opportunity to get an optimal exposure to a basket of leading diversified equity mutual fund schemes while simultaneously aiming to achieve 100% Capital Protection. The Scheme is targeted at resident Indians and has a 5-year tenure with a facility to withdraw the invested amount at anytime during this 5-year period. It provides investors both, Growth as well as Payout option, with each option independently securing an AAA (so) credit opinion from CRISIL. While Growth option attempts to lock-in 85% of the Maximum Portfolio Value (Lock-in Feature) reached anytime during the 5-year tenure, the Payout option provides the Lock-in Feature in year 4 and year 5 of the Scheme. The Payout option, additionally, attempts to pay annually upto 7% of the Initial Corpus for the first 3 years of the Scheme.
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