QUOTE(Celestine @ Feb 27 2015, 03:52 PM)
Thanks for your advice, would like to understand the logic behind discarding #1 or #3? Btw, KGF is no good anymore? trying to learn how you experts think and invest; which is essentially the crystal ball gazing skill that you have.
I am happy you asked and I am happy to answer:
CIMB Asia-Pac Dynamic Income Fund aka Ponzi ver 2.0 amongst long time forummers here has the best risk-adjusted return. Hence keep it.
KGF and Small-Cap are essentially invested into the same market and they both have a correlation coefficient of 0.8 which is the numerical/mathematical way of saying you are invested in the same market. 1 is the max value.
KGF's Corr-coeff vs Ponzi is 0.60 whereas Small cap Corr-coeff with Ponzi 2.0 is 0.54.
To be a logical investor, you need to choose the component of your portfolio to have low Corr-coeff with each other, hence choose small-cap with Ponzi 2.0.
Now you ask me, how I get to have access to all these data?
I told you, I have a crystal ball.
Xuzen
This post has been edited by xuzen: Feb 27 2015, 04:02 PM