Perhaps china market

If you bought during the initial period and didn't do any top up, of course it's still a loss as of today.

IPO NAV: 0.2500
NAV as of 20th February: 0.1634

Simple ROI: -34.64%

It was extremely not a good idea to enter to into China at that time because as I did mention earlier; it was HSI very peak moment. Few weeks ago, global equities went haywire and all hell started to break loose.

If I have a crystal ball at that time, I won't be touching China fund and if everybody knows that wave will be waving, guess everybody will be a millionaire today!

Just get over the China thing.

1. Hold it and wait miracle to happen
2. DDI it to bring down average unit cost
3. Stop loss and fully redeem it
4. Switch out to a better performing fund

PM has no credible experience in managing China related fund. This can be seen in all their China related funds performance as opposed to other fund houses.

A side note is that all fund houses are optimism with China market for the next 3 years. You can place a bet and ride to this wave for a potential uptick trend as the valuation of China market is low and very attractive. 

Stop whining around and move forward by learning from mistake!

oh, a wolf in sheep skin. 
You should be giving us tips instead of asking!