genie47 wrote:I find this lack in faith in Japan disturbing. We are lapping up Nipponese cars, TVs and stuff. They account for about 10% of the global market capitalization. Surely it can't be that bad. Anyway, my Japan fund isn't losing money. It is stagnant.
sgh wrote:Just a sidetrack, don't be misled by the name of the UT. E.g DBS Shenton Global Opportunities touted as global but a glance at the factsheet reveal over 50% is invested in Asia so essentially I will treat such UT as Asia Pacific fund. The global just give the fund manager the leeway to invest in other countries beyond Asia. A truly global fund I saw is Aberdeen Global and UOB Intl Growth.
Likewise I was almost fooled by Fidelity South East Asia fund name but on close look it is Asia Pacific!!! A truly SE Asia is Lion Capital South East Asia.
So lesson learnt is read the factsheet and NOT the UT name to determine what it is doing. UT name can be misleading.
Initial thoughts to have the Infinity and Aberdeen, is to allow me the flexibility to tweak the % allocation of the regions when the 2 global funds sway the balance too much towards one region.
Venturis wrote:Scenario 1:
Global Fund + Equity 70%(at 40/40/20?)
- To allow the 2 global fund's to auto pilot, from what i gathered it seems that these 2 funds' nature of investment complement each other pretty well. Aberdeen is added to provide more exposure to Asia?
UOB United International Growth Fund (28%)
DBS Shenton Global Opportunities Fund (28%)
Aberdeen Pacific Equity Fund (14%)
Legg Mason Global Bond Trust (20-30%)
Venturis wrote:Scenario 2:
Equity 70% (% allocation either by market capitalization or split evenly)
Infinity U.S. 500 Stock Index Fund (23%)
Infinity European Stock Index Fund (23%)
Aberdeen Pacific Equity Fund (24%)
Legg Mason Global Bond Trust (10-20%)
AIGIF Singapore Bond Fund (10%) (To diversify the bonds and gives a bit of reits exposure)
Venturis wrote:Any suggestion for Japan funds, that I should take a closer look?
choozm wrote:Bond is bond, REIT is REIT. They are different asset classes. REIT should be put under equity, if you want REIT.
If you let AIGIF Singapore Bond Fund to manage your bond part, imagine one fine day the fund manager decides to increase its REIT allocation, then the safe anchor of your porfolio (bond), will be reduced below 20% and increase your portfolio risk (due to larger equity portion). Or the fund manager removes all REIT, and suddenly you have no REIT when you have allocated for it.
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