Beauty contest : Japan, Korea, Thailand (Part II)

Fidelity Japan vs Fidelity Korea vs Aberdeen Thailand



TOPIX


You may ask why buy non-commodities funds when price of oil and gold is going up. According to conventional/traditional thinking, it is logical to avoid non-commodities funds now. So why buy Japan fund now? First, commodities funds are overbought now. Second, I do not tell the markets how to behave. Instead I take hints from markets. First State Global Resources fund was bought for Sample Aggressive Portfolio on 17/4/06 before price of oil and gold breaks out from US$70 and US$600 respectively. Third, having one commodities fund and one non-commodities fund is kind of market neutral strategy. Having one type of funds give the impression that I know where the markets are heading which is "foolish".

Collect fund prices for portfolio tracking and charting