wow, what a month! Local horses all running better than the foreign ones; with five horses going over 10%. The top horse was PIOF at 12.3%.
(The fives are Public Islamic Opportunities Fund, Public Islamic Treasures Growth Fund, Public Strategic Smallcap Fund, Public Smallcap Fund & Public Islamic Select Treasures Fund.)
One of the past favorite, the Australian equity, went under at 11.3%; nearly wiping out its past gains. YTD is +1.8%.
Far-east property also went down 3.4% in the red.
Did not get out fast enough on this horse at the top end; missed by just one day and got hit by a sudden 3% drop; otherwise my switches would be over 10% gains each.
Indonesia Select came back strong in May; gaining a respectable 3.4% versus a 0.7% drop in April. Still the top horse at at 19.8% Y-T-D.
end of report. Happy punting!