Singapore Profit

Those who had bought China unit trusts would be laughing their way to the bank, since the top funds increased by 50% to almost 70% within nine months this year. That means if you had invested in the beginning of the year, your $10000 will become $15000 to $17000. This is fantastic return. If you had bought the funds a few years ago, your money would have multiplied by many times.

Unfortunately, I had never thought well of China funds, because the threat of a bubble is always looming, and so I kept thinking it would too late to get into the market. However, two weeks ago, I finally decided to buy HGIF Chinese Equity A SGD and the sales charge had already been more than covered. It is very late, but I guess I should have some exposure to the China market.

However, some experts think that China is still in the early stages of an expansion. There will be volatility, so those who had made money, they could consider taking some profits first.

The funds at the bottom lost 10% to 20%. Most were Japan Funds. I was tempted to buy Japan Funds earlier, because there was promising news that Japan was out of the doldrums. Unfortunately this is not the case and I think one should stay away from Japan Funds as long as possible.

Portfolios should always be rebalanced. I regret selling my Philippines Unit Trust too early when I wanted to cut costs. It has now rebounded by 17%.

Overall, my unit trust portfolio is back to the 10%, which had improved by almost 20% since the last major correction in August. It was a little too scary to pour in more funds then, so I stayed away. My Fidelity Latin America fund is the best performer at 20%. 20% in 3 months is atonishing.

How are your funds doing? Which funds are doing very well?

Sarah Tan – SingaporeProfit.com 

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