The top 40 stocks in this focused fund is more for "agressiveness in seeking returns."

For diversification, one should look more into his/her own entire investment portfolio.

In ut investments, never ever look at its nav price when making decision to purchase it or not. It is just a cost per unit of the fund.

Its future growth is paramount and the all important factor. If you bought x amount of the fund, it is still x amount of the fund in ringgit terms. If the future growth is y%, your investment growth is still y% of x amount.

So, what is important in the purchase: future growth and timing in making the purchase (ie. how is the market trend in the near future).

Future growth: If you hold any fund long enough, there would bound to be positive returns. The question is how good is the positive returns.

Market timing*: Even if the market trend is downwards in the immediate and near future, it could eventually rally up in and the returns turn positive. Hence the time when you made the purchase, will determine how good or great is the purchase/investment.

How to time the market? Sorry, I don't know. You can ask the stock market experts, if you could trust them. Even if the experts are reliable, would you dare to put everything you have or will you only try a small x amount into the investment?

So, most new investors would be better off making regular small purchases every 3 or 4 months. Work, earn, saves, and invest a portion of the savings regularly... regularly invests over many, many years.

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*Due to market timing and time of the purchase, the returns would varies. 20% total return in 1 year is fantastic. 20% over 5 years is nothing much. The average return to aim is about 8% annulised. Refer back to the previous post on past performances of the fund.

But of course, new funds don't have any track record to based on in making the buying decision. Personally, a new launched fund is only when you already have a portfolio of funds, and it fits into your portfolio.

But then again, some best investment decisions were made on blind expectations... since no one can really tell how the future lies.

In short, the annualised return means the return is calculated to 1-year - "Annualised".

The important thing to note is "Performance as of 09 Jul 2021".

10-year returns = Annualised Returns is 11.73%.

This means if you had bought any units in the fund 10 years ago, that's the annual returns you got, 11.73% each year.

(The total accumulative returns is 203.67%)

The 1-year returns is 30.53%. This is the returns if you had bought the units a year ago (on 9/7/2020). Last year was a good year to buy regional and global funds... after the sharp dip in early March last year.

You should see the performance chart to get some idea how volatile it can be. Buy the units at the wrong time, it could even be negative returns.