Kenanga Growth, AMB Dividen Trust, Hwang Select Opportunity, Eastspring Equity Income, they're more or less similar creatures.
Don't buy 2-3 funds that has similar investment mandate just because they are strong performers:
- past performance will not necessarily repeat in future
- what goes up (too much/fast) will most likely fall
- don't put all eggs in one basket. in this case, if Malaysian equities kaboom, so will your portfolio
Learn how to build a portfolio
If u believe in what
xuzen preaches, u MAY invest a large chunk (perhaps 33-50%?) in a Malaysian equity fund, then the rest spread over a Asian equity fund, a global equity fund, a small/mid cap Asia fund...
FSM favours a more diversified approach, no one fund will have more than 20% allocation.
See your preference...I'm more biased toward FSM approach because I also have also invested on my own in Malaysian stocks, so for my UT portfolio, it's diversified like FSM's
I believe in diversified portfolio. Moving towards that direction, that's why looking at Asia Pacific that @xuzen recommend in previous post.
When you are saying Kenanga Growth, AMB Dividend Trust are similar, so means I should focus on either one rather than in both right?