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The Essential Things You Need to Know About Mutual fund investment
There are more than 12,000 financial investment funds currently. Among them are the Mutual fund investments, which belong to the category of Undertakings for Collective Investment in Transferable Securities (UCITS).

When you want to invest, there is, on the one hand, the bank investment which gives a rather low return, but without risk and on the other hand, more risky financial investments with a good return. How does a MFI work? What is the taxation on the performance of a MFI? Here is a full article on mutual funds.

What is an MFI?

In order to grasp the subject of MFIs as a whole, it is important to come back to the definition of these and their functioning.

Mutual funds (MFI): definition

MFI: pooling of capital

The mutual fund consists of a pooling of capital invested by holders of financial securities (investors). A security holder is a person who has invested in one or more MFIs and who, in return, holds a share (pro rata of the securities). Security holders are co-owners of the fund.

There are several classes:

Monetary: the risk is minimal

Shareholder: for a Mutual fund investment of this class, 60% in action and 40% free. The risks are significant, but the return is high.

Bond: few risks with a so-called modest but more regular performance.

Alternative management: the risks are high.

With formula: there are the guarantee funds (without risk of loss), the funds known as protected with a limited risk and the funds with promises (amount indicated in advance).

Streamlined: these are mainly life insurance contracts that have linearity in their management and in their performance.

How an MFI works

It is a company that manages the fund. Each holder of securities invested and it is the company which will decide where to place this money according to the objectives of the fund. An MFI does not have a legal personality; each co-owner engages his responsibility up to his invested capital, neither more nor less.

There are different types of MFI:

Company MFI (MFIE):these funds are intended for employees who wish to invest in their business. It is an employee participation in the results of the company.

Risk MFI (MFIR):as its name suggests, it is for so-called “risk” products with a minimum mandatory investment of 50% in European stocks not listed on the stock exchange. In return for the risks incurred, there is a tax advantage on these shares if they are kept for at least 5 years. Advantage which consists of a tax exemption (social security contributions remain compulsory). This type of MFI is now called FPCI (Professional Capital Investment Fund).

MFI in innovation (MFII): the fund must be invested at least 60% in companies not listed on the stock exchange, in an innovation sector (high-tech sector) with high capital gains. This is for example the case of the Internet, telecommunications or even electronics. It is also a risk fund which gives the right to a tax reduction of 28% of the amount of capital invested with a ceiling (€ 3,000 for a single person, € 6,000 for a couple). It will, of course, be necessary to keep this investment for at least 5 years.

Real Estate Investment Funds: in shares only. They can be managed by distributors, custodians or management companies.

Futures market mutual fund (FCIMT): it is the same principle as a MFI to which two additional constraints are added. 50% must be held in cash and be a formula fund with the amount of the fund determined in advance.

Taxation and MFI calculation

For the accounting of a MFI, it is necessary to differentiate income from capital gains. In fact, to be able to file your income tax return, you will not put these two things in the same box.

Since January 1, 2018, the taxation of financial investments has changed. The 2018 Finance Law introduced the single flat-rate levy (PFU) which brings a levy up to 30% including 12.8% tax and 17.2% social security levy. This fixed deduction is calculated on the capital gains recorded on the sale of capital shares. It is also calculated when you are going to declare your income from securities and movable capital.

Did you know?
- You can choose the PFU or the progressive tax scale for your income tax return. It must be requested before the end of the year preceding the declaration. This choice is correlated with your income. There are tax details for each type of mutual fund.
- To calculate and know the performance of your capital, simply subtract the assets from the liabilities.
- The liabilities are equivalent to the number of shares of security holders and the assets are all that relates to financial instruments, the market, etc. To make the calculation, the assets are frozen through the MFI’s portfolio. This gives the value of the asset. By dividing the value of the assets by the number of shares of security holders, you will have the net asset value of the fund.
MFI or Investment Company with variable capital (SICAV)?

It is important to differentiate between a SICAV and a MFI thanks to their definition:

SICAV: SociétéAnonyme (SA), a legal person managed by shareholders with a board of directors. Each shareholder has the right to vote. For a SICAV to be created, a minimum capital of 7.5 million euros is required.

MFI: it is a little on the same principle as an SARL since each holder of securities is entitled to a number of shares proportional to its investment capital. To create a fund, the entry ticket amounts to € 400,000.

When we already look at these two definitions, we can see that the legal status is not the same. Then there is a difference in the risks taken and the nature of the investors. For a MFI, you have a more lucrative return with greater risks than for a SICAV. Only the capital is limited.

What should be remembered is that these are collective investment undertakings for transferable securities (UCITS) which operate almost similarly with differences in status. To make your choice, you can refer to the document that was sent to you during your investment search: the Key Investor Information Document (KIID). It is this document which will detail all the data concerning the fund in question: performance, strategy, risks, costs, etc.

Good to know: SICAVs are often more suitable for so-called experienced investors because they are decision-makers, which is not the case for a MFI. Find out more.

Frequently Asked Questions

How to translate MFI in English?

We could translate this by mutual funds. It is the same translation for a SICAV or a UCITS. Indeed, our French acronyms do not exist as is in English. It will therefore be necessary to explain in more detail what an MFI is to make the difference with the others.

How to subscribe to a MFI?

To subscribe, simply go to an online banking establishment, with a broker or an insurer to make your request. In exchange you will receive the KIID which will give you an idea of the risks and costs incurred. Then it only remains to choose.
December 13, 2021
Options for Saving in Retirement

Retirement still seems far away? What if it was the best time to prepare it? From the age of 40, your purchasing power increases and you have good visibility into the future. So thinking how to save for retirement? The options are right here.

You have twenty years ahead of you to prepare for your retirement, which leaves you with many opportunities to seize. Overview of solutions to best prepare for your retirement.

Investing in real estate

Investing in stone is often presented as the first investment to make. Even if everyone does not think about real estate in preparation for retirement, it has many advantages on this side. So How to save for retirement? Here we are with the best deals.

The acquisition of your principal residence must be a priority. Having a home when you retire offers real security. You no longer have to pay rent at a time when your income is decreasing. You also have guaranteed accommodation: by being a tenant, you may have to separate from your accommodation if the owner wishes to recover it.

In addition, depending on the location of the accommodation, it can gain value over the years. You can then make a capital gain during the resale if you want to move to change the region or buy smaller once the children are gone, for example!

If you are already an owner, consider rental property

Subscribe to a new mortgage when the previous one is reimbursed or about to be reimbursed? This can be very useful for your retirement: you can deduct the interest on your loan from your property income and this rental income can supplement your pension after retirement. Depending on your plans, you can also consider making this investment with a view to occupying it during your retirement. And if you don’t want to keep it at retirement, you can resell it. That can be used as a contribution to finance other projects.

How to build retirement savings at 40?

Investing in real estate is very useful, but other solutions are possible, with rates, unlocking possibilities, etc. different. 45 is therefore the time to increase your savings effort alongside real estate. To start, check that you always have sufficient precautionary savings in liquid devices (Booklet A or Sustainable Development Booklet). Once this precautionary savings possibly completed, there are many solutions to prepare for retirement.

Life insurance, to combine flexibility and performance

A life insurance is a contract that allows to gradually building capital for retirement. However, this capital remains available at all times if you have to recover these funds before your retirement.

Most contracts allow very broad investment choices, from the safest to the most dynamic. And you can change the distribution of your investments at any time within your contract. With twenty years before you retire, you can afford a dose of risk in order to hope for a better return. It is better to hold than to run, and it may be more interesting to allow yourself a dose of risk which you will have time to catch up than to stay on devices with returns close to or even below inflation.

This solution allows you to prepare for your retirement at 40 with flexibility. You pay what you want, when you want. Try to make regular payments (even small amounts) to build up your savings smoothly. You can always adjust the amount of your regular payments, either up if your income increases, or down otherwise. In case of difficulty, you can even stop them.

You can supplement these regular payments with additional payments according to your possibilities: exceptional cash inflow, 13th month, etc. This will allow you to improve your retirement capital! You also get out of your contract as you wish in capital or in annuity according to your projects. The capital will allow you to finance a retirement project. The annuity guarantees you additional income for life.

A PEA if you are looking for a dynamic investment

The Equity Savings Plan is more risky because it allows you to invest only in European stock market securities. But it offers interesting performance potential over time. To smooth the stock market fluctuations and reduce the uncertainty on what the PEA will ultimately yield favor these investments over long periods (at least over 8 years) and progressive investments. You take less risk by investing € 500 per month for 12 months, rather than € 6,000 at once! When you retire, you can choose to recover your savings in the form of capital or additional income paid for life and exempt from income tax. Only social security contributions will be due.

Prepare for retirement from age 40 with specific savings products

The Popular Retirement Savings Plan allows you to benefit today from tax advantages on your payments and tomorrow from an additional income. However, the amounts saved can only be recovered at the time of your retirement except in certain exceptional cases. Depending on your personal situation the possible savings already acquired and your tax situation, it is therefore important to adapt these payments on these contracts. Today’s retirement is mainly in annuity, which allows you to secure additional income for life.

If you are an employee, prepare your retirement with company offers

With corporate savings plans (PEE) or collective retirement savings plans (Perco) , you benefit from tax advantages and the contribution of your business. In return, savings can be blocked. You can most often make voluntary payments, at your convenience (capped) or simply pay the profit-sharing or the participation of your company. You save for your retirement effortlessly, your employer finances part of your retirement supplement! If you are self-employed, take an interest in the individual retirement savings solutions that you can set up. The Pacte law will transform the Perco into a universal PER, with slightly different methods.

What about the financial markets?

There is still a long time between now and retirement. Depending on your risk appetite, it may be wise to invest part of your savings on the financial markets. They are more risky, but offer greater performance potential over a long period of time. In conclusion, diversify your savings to 40 years to prepare for retirement! Among the different solutions for preparing for retirement, each has advantages and disadvantages.

Conclusion

Real estate presents a certain security but is illiquid, that is to say that you are not guaranteed to be able to recover your investment quickly if you have an urgent need to sell. Savings products are differentiated by their yield potential, their risk, their unlocking possibilities. Diversified savings, that is to say carefully distributed among different solutions, allows you to adapt to your needs and the events you may face while optimizing your capital and your earnings.

November 9, 2021
Essential Financial Steps for Long term

Thinking about Some financial steps to safeguard our future? Every age and every situation in life has different demands on private financial planning.

Unfortunately, there is no all-round carefree package because insurance protection and the investment for old age should always be adapted to the respective living conditions. We give tips on what you should pay attention to. Here are Some financial steps to safeguard our future.

Risk protection

Securing against financial ruin is an important part of private financial planning. This usually occurs when the income drops due to a termination or an accident. So that the entire existence of a family is not threatened, it is therefore advisable to take out appropriate insurance at an early stage. The following options are available:

Risk life insurance: This insurance is used to provide financial protection for family members in the event of death. Another variant is the residual debt insurance, which in the same case would pay the remaining installments of a loan taken out.

Disability insurance: If someone is no longer able to perform 50% of their current job due to illness or an accident, they receive the disability pension. You should choose the amount so high that you can continue to pay your current expenses household costs, loan installments, reserves and savings rates for old-age provision in the event of disability.

Private liability insurance: In contrast to motor vehicle liability insurance, private liability insurance does not necessarily have to be taken out. Nevertheless, this insurance is recommended because it covers damage caused by the insured to the property of others. The insured sum should be at least 50 million dollars.

Residential building insurance: important for all property owners. In the event of storm damage caused by fire, lightning, storm and hail damage, building insurance reimburses the costs of the repair up to the reconstruction after total loss.

Pay off debts

Before you can take care of your retirement savings, you should try to pay off any debts. As a rule, you have to pay high interest on your debts: with an installment loan it is between four and eight percent, with an overdraft facility up to 18 percent. If these debts disappear, you automatically save a lot of money.

Build up reserves

So that you can provide for old age in the long term, you shouldn’t neglect the present. Because unexpected costs quickly tear a hole in the household budget having to go into debt or even take out a loan is not expedient. So make sure that you build up reserves in good time. For this, we recommend securing money of at least three monthly salaries and investing it at any time. You should never invest this nest egg in a risky or speculative investment – the risk of losing everything is too great.

November 9, 2021
How Optimizing Accounts Receivable Turnover Can Empower Your Business
Improving accounts receivable turnover should always be a priority concern for small business owners. Reason being that the money generated from selling a product or service on credit cannot be viewed as revenue unless it is collected from the clients. Therefore, the more efficient the accounts receivable management and payments from clients, the smoother the cash flow will be, which is also the best long-term sustainability indicator.

What is meant my accounts receivable turnover ratio?

The accounts receivable turnover ratio tells the number of times the accounts receivables have been collected during a specific accounting period. This ratio can be used to decide whether a company is facing challenges collecting sales that were made on credit. The greater is the turnover, the quicker the rate of collecting receivables. It is expressed in many forms like accounts receivable turnover ratio, accounts receivable turnover in days, and more.

What does account receivable turnover means?

The accounts receivable turnover determines the efficiency of a company with respect to asset usage. Therefore, it is a crucial indicator of a firm’s financial and operational functioning. A high accounts receivable turnover denotes that the business operations are efficient. However, a declining accounts receivable turnover tells that there is a collection problem with the customer.

Reasons why your accounts receivable turnover ratio is important

Along with evaluating the possibility and the pace of the payments you are expecting, the turnover ratio also determines the efficiency of the credit policy and practices and managing customer debt.

A high ratio is a good sign for the company because:
- Receiving payments for debts increases cash flow.
- Customers paying off debt swiftly frees up credit lines for any future purchase.
- Extending credit to the right customer means fewer chances of bad debts.
- Collection methods are effective.
However, a low ratio denotes that there is a lot of room for improvements like:
- Collections policies may need to be updated.
- Customers are finding it challenging to clear payments, decreasing the chances of future purchases.
- Uncollected or bad debts are causing harm to the cash flow.
- You are exercising too much leniency in giving credit.
By keeping a check on accounts receivable, you can find opportunities to improve our business policies. It may sometimes pain to manage accounts receivable, but it is an essential part of managing business and keeping cash flow on the right track despite the challenges. So here are ten best practices that can help in improving the accounts receivables turnover resulting in profit maximization.

Ways you can increase your accounts receivable turnover
1. Enhancing the billing efficiency:
Companies that practice manual processing spend only 20% of their time communicating with their client regarding payments. However, companies that utilize automation software spend 62% of their time communicating with their customer. Sending invoices to customers as quickly as possible is a smooth way to ensure payments get cleared without any hindrance. Therefore, the team should make efforts to make and send invoices just after the work gets completed. Also, make sure to discuss payment methods and other terms prior with the customers.
1. Invoicing accurately and timely:
61% of late payments arise due to administrative issues like wrong invoices or late processing of invoices. Producing an accurate bill that is detailed can help businesses and their clients carry out the payment process in a smooth manner. But, the payments should be processed in a recurring and punctual cycle of billing in order to enhance the turnover ratio. In addition, processing invoices late can establish a harmful precedent that your business is fine with late payments.
1. Rewarding payments that are efficient:
Small incentives to customers can go a long way. Perks like discounts, free shipping or delivery, and prizes for early payments can help in encouraging customers to clear their dues quickly. You can also provide coupons or passes to promote future purchases. With a consistent flow of payments, you can easily qualify your target turnover ratio, enhance cash flow and make your business more successful.
1. Using Cloud-based Software:
67% of accountants recommend taking assistance of a cloud accounting software. Such software helps to smoothen the billing and accounts receivable processes by providing greater financial data and collaborating effectively with the accounting team. Xero and QuickBooks are two examples of such tools that are excellent for businesses of small to medium level because they have more features that are easy to use. These tools also integrate with other time tracking software that helps in logging time entries in the invoices. In addition, the ability to connect with certain analytics tools allows efficient tracking of cash flow. Many firms offer accounts receivable services that make use of up-to-date software to make your accounts receivable process more efficient. You can hand over your complete accounts receivable function to them and concentrate your time on core operating activities.
1. Building strong customer relationships:
For an organization, the benefits of having a close relationship with the clients are numerous. By enhancing connections with a customer, the accounts receivable processes can improve exceedingly. In addition, it is more likely for a satisfied customer to pay on time and contribute to the improvement of the turnover ratio. Therefore, in order to build a greater connection with your customer, regularly keep in touch with them via calls, emails, or other mediums.
1. Easing the payment process:
Diversifying the number of methods through which your client can pay makes the payment process significantly easy. Simpler payments allow fast processing by reducing the customer’s accounting teams’ work. In addition, in today’s environment, one cannot thrive by only accepting cheques and wire transfers for payments. By adopting methods like electronic funds transfer and credit card payments, the payment process can be sped up considerably. Tools like Plooto and Square make the payment receiving process via cheque, wire transfer, and credit card comparatively easy. In exchange for a small commission fee, one can get many benefits that can significantly increase the turnover ratio.
1. Diversifying the client base:
Getting contracts from big corporations is a massive achievement for small companies. However, small companies should be careful before they desert their services to some other client because of this contract. Large corporations extend payments to at max 120 days which can be a long time for small companies to operate without payments. For this reason, it is vital to diversify the client base in order to maintain a healthy cash flow. So keep working hard to bag a few large clients. However, it is also essential to stay on the ground by continuing to provide services to smaller clients to receive payments in a short period. Maintain a healthy balance of client size to keep your accounts receivables in sound condition.

8. Taking initial deposits or progress bill:

Set deposit amount, or determine a percentage of the total that the clients must pay prior to the commencement of work or at certain stages of the job. Still, if you’re facing issues with your debtors, implement new policies and ask for complete payment in advance.

9. Including payment terms:

Make your accounts receivables smooth by introducing clear payment terms on the invoices themselves. Request your clients to make payment within 30 days, and don’t hesitate to include late payment charges. Late payment fees can be a specific percentage of the original invoice amount. In addition, if you are selling luxurious or costly products or offering exclusive services, it would be better to set a credit limit or provide a payment plan.

10. Using a payment reminder system:

Purchase a CRM system that can keep track of unpaid accounts and send reminders automatically. However, if this isn’t possible, assign the duty to one of your staff members to send reminders or make phone calls for payments receivables.

Conclusion

Improving your accounts receivable turnover can help your business operate in a more efficient manner, and payments are also received at a faster rate. To accomplish this, the most efficient way can be through accounts receivables automation or accounts receivables services.These methods can effectively help generate and deliver the invoices to the customer quickly, which will allow fast payments from the clients.
September 4, 2021
Benefits of Asset Finance – The Reason Behind Its Popularity

Asset finances are a way to use the balance sheet asset of a company to borrow money. You can also use asset finance to take out a loan against something currently in your position. It is a reliable and easy way to get capital if you are looking forward to starting a new business. For example, if you have a car, you can use the vehicle and get a loan against that in asset finance.

In this article, we will discuss the benefits of asset finance and the reason behind its popularity.

Why is asset finance used?

Asset finance is a short-term solution whenever someone needs money. It can be for any purpose where you have to pay your employees or invest some capital into your business; you can take asset finance. It is a very flexible way of lending money, and it can be from someone else other than a traditional bank service.

Benefits of Asset Finance

1. Secure

The first benefit of asset finance is that it is a secure way of taking a loan. A specific payment plan will eliminate any other risks that are involved. By using this way, the businesses can fix a particular cost and budget of an asset. The loan is taken against that asset.

2. Lines of Credit

Another advantage of asset finance is that it opens up new ways and lines of credit. Asset finance is a fast solution, and it will not affect the current financial position of your business if you decide to choose this method. All you will have to do is to provide additional facilities with cash resources.

3. Credit Decisions

Asset finance is very beneficial because it speeds up taking credit decisions in a business organization. Sometimes it can even take less than 24 hours, and the agreement can be done.

The security of this loan is held in the asset that is in the position of the borrower. Due to this reason, another layer of protection is not required because it is already a secure way of taking a loan against an asset.

4. Flexible

In the method of asset finance, a business can be flexible about the period in which they will have gone to the acid. You will get to experience lease end flexibility.

5. Taxation

There are a lot of taxation benefits also available when it comes to acid finance. The asset will be taken in possession by the lessor, and he is the one who can take advantage of the capital allowances for every purchase that is done. On the other hand, the lessee can also take advantage. It is because the savings will be given to him in the form of monthly payments.

6. Cash Flow

The cash flow operation of the lessee is in a better position, and he can take benefit from the asset. The lessee will pay for the acid from the profit earned by the activities of the purchase.

Conclusion

In the end, it can be said that asset finance is an easier way to obtain loans as compared to the traditional bank loan services available.

August 11, 2021
What Is Investment – and How To Start Investing
Invest in your future. Invest in your career. Invest in your dreams. Investing is a very used verb to talk about goals and plans – but when it comes to money, do you know what investment is?

Investment is, in short, taking an amount today and trying to turn it into more money in the future.

Like? It’s not magic, but understanding how the financial market works and choosing a category or type of investment that fits your profile.

There is a myth that to start investing you need to already have a lot of money – but that couldn’t be further from the truth: anyone can invest, no matter how much money they have.

What It Takes To Start Investing
- The first step is to set your expectations: most of the time, investments pay off in the medium and long term. Don’t expect to make a lot of money overnight;
- The second step is to know that investing needs to be a habit: always set aside an amount per month, however small;
- The third step is to look for a financial institution (bank or broker) and evaluate the options they offer.
What is investment: know the different types

Making an investment means setting aside an amount of money and putting it somewhere where that amount pays off over time.

It is possible to invest in real estate, for example, invest in buy-to-let properties and selling it for a higher price – but this is far from being the only (or the best) option for those who want to start investing.

Those who have little money and no experience in the market can – and should – have some kind of investment. In that case, there are several financial products that are easier to manage and understand.

If your goal is to keep the money yielding, without having the trouble of managing it often, there is certainly a type of financial product that fits your profile.

What are financial products – and how do they make your money pay off

Financial products are different options that common people have to profit from everyday operations carried out in the financial market.

When you invest your money in a financial product or asset, you are, most of the time, lending that amount to banks and financial institutions to carry out different types of operations.

That money you “borrowed” is returned with interest – which is nothing more than how much your investment yielded.

In other words: you choose a product, put your money in it and, depending on the type of application, you know exactly when you will earn more over time (in the case of Fixed Income products. See more about this option below ).

But beware: every investment is a gamble. The more risk you are willing to take, the greater the payoff if it works out.

Understand the risk of investments: Fixed Income and Variable Income

Each type of application has its own risks, yields and terms.

Deciding which products fit your profile depends on your knowledge of the market, your goals, your current financial position, and how much risk you are willing to take.

Basically, the financial products you can invest in fall into two types — and the risks vary between them:

Fixed Income

In Fixed Income , investors have more clarity on how much their money will yield.

Fixed income investments can be of two types:

Prefixed – when there is a certainty about what your return will be at the end of the application, e.g., 6% per year.

Fixed rates – when the income is linked to some other index of the economy. In this case, the investor knows that his money will yield according to something specific – but he doesn’t know exactly how much because this indicator has its fluctuations.

Variable income

As the name implies, variable income investments have rates of return that vary over time. In other words: profitability varies all the time, which means that the risks are greater. Here, the return is greater, but the possibility of losing is also great. The stock exchange is the market’s main variable income asset.

How to choose: fixed income or variable income?

At first glance, Equity Income may seem more advantageous than Fixed Income as it provides better chances of earnings. However, you need to be careful with this idea.

In the financial market, the return of an asset is proportional to its risk . That is, the greater the return possible, the greater the risk.

The stories of investors who became millionaires by investing in stocks are famous. But that didn’t come without a risk: in the same way, there are investors who lost everything overnight by betting on the stock market.

The stock exchange is an example of an extremely volatile market. Investing in stocks involves cold blood and knowledge to deal with swings.

On the other hand, Fixed Income offers constant and stable income, which gives the investor more peace of mind, especially when thinking about the long term

Therefore, if you are going to start investing now, the recommendation is to give preference to investments in Fixed Income.

With them, you can create an emergency reserve and don’t run so many risks – besides being able to withdraw the amount when you need it.

When this reserve already exists, you can start thinking about investing in other less safe products with more interesting returns.

Summary:

We summarize the important points:
- Investment is a way to make your money pay off over time;
- There are several forms of investment, but it is important to understand that each one has different risks and returns;
- Banks or financial institutions offer different investment products to their clients;
- Within the category of financial investments, there are two main types: fixed income and variable income;
- Fixed income ones have a certain income, while with the variable income option, the client does not know how much he will have at the time of redeeming the investment;
- As a general rule, the greater the risk, the higher the return. For those just starting out, it is recommended to invest in lower risk options with a more guaranteed return (even if a little lower) – such as fixed income products.
Author Bio: Jonathan is Founder of SPV Mortgages. He can help you find and secure the best limited company mortgage options to push your property investment dreams forward. As specialist mortgage brokers with over 10 years of industry knowledge, he has helped experienced landlords and first-time investors across the country; saving you time and money in tracking down the best rates.
July 18, 2021