Properties fund and Reit has been performing very good for the last 3 years or so, gaining about roughly 25-30% per annum for the last 3 years. Now, it is not so good considered that interest rate is on the way up for European Union also housing stock or company may face difficulty ahead with previous housing bubble.

The fund started at Rm1.00 now drop to 0.93xx just about 2 months time, bad timing of the launching since it lanuched when properties stock and Reit is on the high side.
But long term, reit is a nice play if you look for yielding, can consider when Ringgit reach its peak since Ringgit appreciation will mean exchange loss for the fund also and vice versa.

Personally think that should avoid any equity fund in near term as stock is not cheap at current moment. Anyway just my personal view, not necessary correct, just like China stock market although is on bubble state, the bubble keep on inflating non-stop. You never know when the bubble stop inflating and burst. But for sure, it is bubbling.

new fund by public mutual.

the pb euro pacific fund (PBEPEF)
http://www.publicmutual.com.my/article.aspx?id=6093

I also focusing on Euro Fund 
but bought from Singapore Investment company.

NG Funds wants to become bigger

KUALA LUMPUR: ING Funds Bhd has applied to Securities Commission to increase fund size of its recently launched Shariah-compliant capital protected fund, the ING Baraka Commodities Capital Protected to 450 million units.

The company said the fund, launched in October, had an initial approved fund size of 200 million units and was later increased to 300 million units.

"The ING Baraka Commodities Capital Protected fund offers 100% capital protection and seeks to offer high capital growth from investment in top 30 global equities in the basic materials and oil and gas sectors, through SGAM Al Baraka Commodity Index," ING Funds chief executive officer Steve Ong said in a statement Wednesday.

URL: http://biz.thestar.com.my/news/story.asp?f...40&sec=business

Nothing is guaranteed my friend...

If you look at different funds by different managers with the word 'China' in the name, they all show a downward trend from the peak of about 3 months ago.

So it depends on what you think is going to happen from now on. I think there might be a period of 'uncertainty' (not sure what the word means but its something I picked up from reports by 'analysts'  ) due to China trying to cool the overheating economy, inflation pressures and pressure to revalue the Yuan, and side-effects from the US stuff-ups.

I have some China-related funds that I'm thinking of pulling out now because I don't think a positive upwards trend is going to happen soon, at least not until towards the end of the year. But haven't really decided yet.

leekk8,

If you have been reading all my posts, you would have know that

1) I ONLY buy one counter in Malaysia.  I do not consider the REST of the KLSE worth putting money in.  So, IMHO, domestic UT is useless and too costly.

2) I diversify my investment all over the WORLD.

Dreamer

P.S.: In the end, you have to take all the data and decide what to do next.  My counter survive 97/98 recession very well.  So, I know I can go to sleep for 5 years with this counter.  My advice is a caution to you.  Do not assume that Malaysia can recover this time.