He enjoyed it when his friends called him ‘KBC’, his slang name for Kiraka, the Boy Child. Everyone had one. In the streets, you had to have a name.
This time round, KBC was facing his biggest moment ever, since he came to the city a decade ago.
He had been dreaming about this moment back in the day. This was long ago, when the city was just an imagination in Kiraka’s imagination.
Now the day was here, and Kiraka was here. It was real kbc head office whatsapp number 2022 . As he strolled along the narrow winding path towards the Master’s house to collect his reward, Kiraka met his neighbour Liam. Liam was his real name, but just like Kiraka. Liam’s street name was Mali.
It had been quite a while since Liam and Kiraka had met. About seven years had passed since the terrible incident when Kiraka and Uliam became the newest friends turned bitter foes. Well, Kiraka, had forgotten the past and moved on. But the sight of Mali, despite the long time, brought back the memories in a flash.
Mali was equally surprised to see his long time friend. They awkwardly exchanged pleasantries, and KBC promptly excused himself, rushing towards the Master’s house not to be late for his appointment.
‘But where would Uliam be coming from?’, wondered Kiraka. The only destination on the side Uliam was coming from was the Master’s house! No sooner had this thought come to Kiraka’s mind than it all dawned on him. The memory was as vivid as yesterday; how it all began.
It was a Sunday afternoon, right after Kiraka had come back from Church. Kiraka would usually spend his Sunday afternoons at his mother’s place when he came from church. This Sunday was as any other, and Kiraka lay on the mat under the mango tree at the yard listening to the popular Sunday afternoon radio show.
Then the call came. It was Mali. The call from Mali forever changed things for Kiraka and his entire family. Mali asked Kiraka to meet him at the market place urgently. When Kiraka got to the famous meeting place under the mango tree at the market, Mali was eagerly waiting, with a broad smile and sparkling wide eyes. Without hesitation, Mali explained to Kiraka that an investor from India was in town looking for young men to help migrate to their country where they can become rich and successful. The only requirement was a payment of facilitation fee of two thousand dollars.
Together with growing environmental concerns and massive rises in oil prices, there is an increasing trend towards support for eco friendly products in all spheres, including mutual funds. Mutual funds are “going green” and looking at investing in companies that are seeking to develop renewable energy resources.
These Green funds have had a phenomenal early run particularly for companies that are manufacturing products that reduce our dependence on carbon-based fuels. As green investors place more faith in small yet volatile companies they are seeing large upward trends, but on the other hand the downs descend pretty rapidly and dramatically also. But either way this fast growing fund trend has seen a large amount of interest and new green funds have been launching at quite an incredible rate over the past couple of years.
While not everyone is sold on this new niche of the mutual fund market and some people could care less about environmentalism, it is hard to argue against some of the returns produce by mutual funds investing in this marketplace. For instance the Allianz RCM Global EcoTrends Fund (AECOX). This green fund of $131 million has been appearing in the top 10% of stock funds in this year alone, outperforming the S&P 500 during the same period and since its inception is up by 19.3%.
This is not the only green mutual fund producing good returns; it is quite simply more diversified than many of its counterparts. It invests in many different areas such as clean water, hybrid vehicles, pollution control, desalination plants, in fact the entire gamut of eco-friendly companies.
The Calvert Global Alternative Energy Fund, (CGAEX) is another example. This mutual fund company only invests in alternative energy companies, it was first launched in 2007 and is managed by the head of KBC Asset Management, Jens peers. He is based in Ireland and has a full understanding of politics and legislation on both the US and Europe. The reason why this is of particular importance is because governments play a large role in deciding what alternative energy supply companies the wish to subsidize. This is able to significantly impact upon these companies. Currently Gamesa and Vestas are the two leading wind turbine manufacturers and are part of the (CGAEX) portfolio. As this fund was only launched in May of last year, it does not yet have much of a performance history yet.