2024-04-24 05:05:36 ET
Summary
- IAK is a buy due to its long-term track record of performance and relatively low correlation to the market overall, as measured by beta value.
- The insurance industry, particularly in the Asia Pacific region, is expecting solid growth. Several of IAK's top holdings are uniquely positioned to take advantage of this growth.
- While insurance companies maintain thin profit margins, they are also highly regulated with capital requirements.
Investment Thesis
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For further details see:
IAK: How This Fund Could Act As 'Insurance' In A Market Downturn