You are giving regularly analysis of performance of different industries and businesses quoted on the stock exchange. It is a great initiative of your newspaper, but I think this initiative should be extended to open ended mutual funds. These companies are the custodians of small stock holders funds, who feel too weak to handle their small investment on the stock exchange.
They are putting their savings in the hands of experts who would look after the growth of their portfolios. They have, as usual, declared a dividend/bonus of 25 to 30% and issue letters giving what a great job they have done. The moment they declare this profit it is immediately deducted from the Net Asset Value (NAV) and the only real gains is the difference between the buying and selling prices.
One such Mutual Fund, in which I have investments, I personally calculated a net loss of over 5% after receipt of profits. I personally believe they are not doing their job adequately and I am convinced that most of these mutual funds are in the same boat. If Business Recorder looks into these mutual funds, they will be doing a public service to small investors. It is necessary that you act as watchdog on these Funds to keep them in check.