AFL hosts seminar on specialised investing technique
AFL Investments has secured a speaker from index manager Research Affiliates to share the secrets of its distinctive investment technique in Bermuda.AFL will be hosting the free public seminar at the Argus Training Centre in the new Argus Building at 14 Wesley Street, Hamilton on Thursday, June 2 between 12pm and 1.30pm.Doug Gratz CFA, a senior member of the Research Affiliates team, will provide details about the company’s innovative and patented fundamental indexing technique, Research Affiliates Fundamental Index (RAFI), which can be used to enhance the efficiency of investment portfolios.Launched in 2005, RAFI has grown to include approximately $69 billion in assets. Research Affiliates attributes the success of RAFI to its ability to address the shortcomings of other indexing methods that are weighted according to the total market value of their outstanding shares, while maintaining the benefits of a broad market base.RAFI breaks the link between market price and the weight of the stock in the index. It instead selects and weights stock for inclusion on the basis of fundamental criteria used to assess the quality of a company’s financials, such as sales, cash flow, dividends and book value, which removes the influence of market subjectivity and emotion.Cindy Campbell, chief operating officer of AFL Investments, said: “We are delighted to welcome Research Affiliates to the island to advise local investors about the benefits of including RAFI in their portfolios over other indices, which can overweight overvalued stocks and underweight undervalued stocks.“Given the outperformance that RAFI has delivered over its competitors, any investor with an allocation to traditional equity indices should join us for this event to find out more about this alternative tool directly from its founders.”A light lunch will be provided at the event.For more information contact 294-5715 or email rsvp[AT]aflinvestments.bm