Georges Niang has been way better than advertised tonight. “Niang is, to me, the silent pickup that I personally believe will really be big for us in a lot of ways,” Rivers said, “especially if we try to play small ball, because of his ability to stretch the floor.” He logged 8.5 points in 20 minutes per game in the preseason, including a 16-point outburst versus Toronto when he averaged one point per minute. Niang’s role could change in a hurry depending on what happens with Ben Simmons. The latest Sixers news straight to your inbox! Join the Heavy on Sixers newsletter here! “He’s the ultimate team player, he’s gonna fit right in and have that second group moving the ball well.”
“He does all the things we need him to do, blue-collar guy,” Green said. Or just stay camped out on the perimeter. He might be asked to bring the ball up the court in a point forward role. The Sixers signed the 28-year-old to do a little bit of everything. More importantly, he lit it up from three-point land: 42.5% on 292 attempts. Niang averaged 6.9 points in 16.0 minutes per game last season for the Utah Jazz.
Georges Niang on if he knows his role: "You know, I think I have a pretty good idea: Make sure my guy doesn't get in Joel's way so Joel can go score." /8NIoMII7Te Some call him The Minivan, some guys call him The Sprinter, some call him the Army Swiss knife.” “He’s like the Army Swiss knife for us,” veteran Danny Green told reporters. Hopefully those days are a thing of the past with the arrival of a player dubbed the “Army Swiss Knife” by his new teammates. And Rivers was forced to rely on some guard-heavy lineups. The Sixers watched in horror last season as their reserves let a lot of big leads slip away, especially in the playoffs when those rotations got smaller. Niang, a second-round pick in 2016, was brought in to bolster the bench and anchor the second unit. He’s going to see a ton of minutes as a floor spacer for the Philadelphia 76ers. He had his eye on Georges Niang and the 6-foot-7 forward was happy to flirt back. This second downside is a behavioural point rather than a technical one, but nonetheless an important one," he added.Sixers forward Georges Niang could be the biggest sleeper pickup of the NBA offseason.ĭoc Rivers pushed hard in the offseason for a game-changing stretch four. In flexi-cap, since the largest allocation is to large-cap stocks, this comfort is less present. If they own a mid- or small-cap fund, they are less tempted to directly buy these stocks. “Second, investors get excited when they hear news of this or that mid- and small-cap company going up. However flexi-cap funds take an active approach in their large-cap allocation," said Dhawan. “In the large-cap space, active funds have been underperforming passive funds for a while. The first is that the Swiss army knife fund in question may not combine the right type of funds for their clients. If you do rebalance between separate funds, taxes come into play.įinancial experts continue to have two objections to a ‘Swiss army knife’ strategy. However, a static allocation without rebalancing would see your exposure to equity growing over time, possibly more than what you are comfortable with. This is better than the top-performing BAF (Edelweiss BAF) at 15.41%. The returns delivered by a 60:40 portfolio in the top-performing equity flexi-cap fund and the top-performing debt fund over the past five years stand at 17.7% CAGR. Another variation of a ‘Swiss knife’ choice is opting for a BAF over separate equity and debt mutual funds. Vishal Dhawan, founder, Plan Ahead Investment Advisors, also added certain caveats to this approach. If you look at the top-performing flexi-cap fund over the past five years, its returns at 23% are actually higher than the 22% returns given by a blended portfolio of the top-performing large-, mid- and small-cap funds in the 70:20:10 ratio. However, the gains from this type of selection seldom outweigh the money lost to tax during rebalancing. One common argument that is advanced in favour of separate funds is that one fund house may be better in one space and another may be better in another. Exit load is usually imposed on redemptions within a year of investing. In case of debt mutual funds, the tax is at slab rate for redemptions within three years and at 20% with indexation after three years. Redemption from an equity fund attracts a 10% long-term capital gains tax on gains above ₹1 lakh after one year and a 15% capital gains tax if done within a year’s holding period.