Tags
2016, funds, fundsupermart, mutual fund, mutual funds, mutual funds investment, portfolio, supplementary portfolio
Due to recently high fluctuations, mostly deemed by the continuous news on Oil, Gold, US Interest Rates, China Credit and Brexit, the effect all these news have on my Supplementary Portfolio is simply crazy. This is all expected, in having investments in such highly volatile funds and risky assets in the portfolio.
Coming to August & September, I had the idea to start afresh on this portfolio. There’s couple of reason behind this, 1) I have been investing in funds that I chose in small amount, thus having a huge list of funds in this portfolio alone, which only comprises less than 20% of my overall portfolio, and 2) I want to test some strategies that doesn’t reflect my usual strategy of Value Investing, to basically go more “wild”in picking funds for my supplementary portfolio.
What I did was simply set a weekly goal to each fund in the portfolio, and when it’s a hit, I will unload them totally. Basically, as you can see, there’s a small “discipline”to be imposed on this, no matter how great the momentum it deems the fund has, I will always unload when the goal is reached.
Having said that, here’s the update of the returns on these funds after I unloaded them, except RHB Gold and General Fund (OSKUOGG:MK).
- Affin Hwang Japan Growth Fund – 7.02%
- AmSchroder European Equity Alpha Fund – 4.31%
- CIMB-Principal Global Titans Fund – 6.28%
- CIMG-Principal Greater China Equity Fund – 8.31%
- TA European Equity Fund – 7.14%
- RHB-GS US Equity Fund – 7.75%
From the overall 6 funds, I have gotten an average of 6.802% ROI.
However, I’m stuck with RHB Gold and General Fund, which has pretty much collapsed. It’s giving me -10.75% . This was expected, but I acted too slow. Typically, for the supplementary portfolio, I depend on the 52-week range to determine when to sell, and for mineral funds, it has consistently pushing the new high for the past few months. And obviously, greed has played a huge part that leads to my failure to unload it earlier.