Portfolio for sgfunds.com fund portfolio contest - second half of 2007

Will prices of major asset classes higher from 27/8/07 at the end of 2007 after recent correction? I think this is the likely scenario even though I distrust market advance due to massive liquidity injection. Will the central banks succeed in avoiding liquidity crunch? I think so even though at the expense of their currencies. So where should I put my money since almost every asset class will be influenced by liquidity injection, e.g. rising tide lift all boats? I will be interested in funds with highest volatility, e.g. emerging markets, Asia and commodities. Another question is should I deploy cash(around 45% of portfolio)? Since I do not know probability of continuation of current bull market, therefore I am comfortable with the current cash level, e.g. no deployment of cash. The only change I will make to the portfolio is to switch all units of Aberdeen Thailand Equity to Aberdeen Pacific Equity. The reason is after a healthy correction in Asia markets, there is no reason to take country-specific risks. Below is the portfolio for second half of 2007.


Name: globevestor
Profile:Global absolute return 2007
1) UOB United Gold & General Fund - around 30%
2) Lion Captial Glb Ind & Res Invt-A - around 15%
3) DBS Enhanced Income SGD - around 45%
4) Aberdeen Pacific Equity - around 10%