GavinK
Crazy Mango
Posts: 101
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Post by GavinK on Apr 19, 2021 20:59:20 GMT 7
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chiangmai
Crazy Mango Extraordinaire
Posts: 6,200
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Post by chiangmai on Apr 19, 2021 21:22:47 GMT 7
FSSA Asia Focus and JPM EM are two very good funds, I have held both for almost two years, I can highly recommend. Despite being an EM fund, JPM EM just went 35% US, just at the right time.
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AyG
Crazy Mango Extraordinaire
Posts: 5,871
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Post by AyG on Apr 20, 2021 7:17:13 GMT 7
If you had both USD and GBP cash would there be any preference whether to buy the USD or GBP accumulating fund (from a performance viewpoint) ? What matters is the value of the underlying assets - not the currency of denomination of the fund. So, for example, if you converted the USD performance into GBP the performances would be identical. Ther performance will only appear to be different between the USD and GBP classes because of shifts in the USD/GBP exchange rate. (This, of course, depends upon the fees for the two classes being the same, which they are in this case.) (One other consideration, is whether the fund pays a dividend, and if so, in which currency. The dividend currency isn't always the same as the fund denomination currency. Personally I don't like receiving USD income and then having to convert it at a cost. Of course, this doesn't apply to these two funds.) Not sure why morning star would have the GBP version gold rated but USD version unrated and in the 'Other Equity' category ? Possibly because it's too small to be bothered with - it's less than GBP 1 million. Appreciate any thoughts on this fund - 26% tech, 52% emerging markets. (1) It's very concentrated. 7% Taiwan Semi, 5% Samsung Electronics, Tencent 4.5%. That makes it potentially higher risk. (2) It's slightly odd in that it includes Japan and Australia. (3) Good to see there aren't too many speculative tech companies in there.
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