QUOTE(xuzen @ Oct 25 2015, 09:33 AM)
Just for Ramjade,
I entered TA Global Tech fund in Jul15 and as off yesterday, my YTD ROI is 12.XX%. I am taking profit by "selling" it to "buy" CIMB Titan on Monday. Like I say, the proper term is called switching.
So, yes.. UT investor take profit and move on. Why then you ask switch when it is profitable? Didn't I just mention ride with the profit?
Global Tech and Titan have very close correlation coefficient, in lay man term, their movement is very similar and as such, in a portfolio, they are interchangeable. But, Titan present a better risk-adjusted return compared to TA Tech fund so I jump ship and piggyback onto a new ride.
It's like both are taxi service going from KLIA to Sentral KL. TA Tech is Airport Limo and Titan is Uber. Titan is cheaper, more efficient and faster.... sure I will chose Titan lar!
Xuzen
Bang Xuzen...I entered TA Global Tech fund in Jul15 and as off yesterday, my YTD ROI is 12.XX%. I am taking profit by "selling" it to "buy" CIMB Titan on Monday. Like I say, the proper term is called switching.
So, yes.. UT investor take profit and move on. Why then you ask switch when it is profitable? Didn't I just mention ride with the profit?
Global Tech and Titan have very close correlation coefficient, in lay man term, their movement is very similar and as such, in a portfolio, they are interchangeable. But, Titan present a better risk-adjusted return compared to TA Tech fund so I jump ship and piggyback onto a new ride.
It's like both are taxi service going from KLIA to Sentral KL. TA Tech is Airport Limo and Titan is Uber. Titan is cheaper, more efficient and faster.... sure I will chose Titan lar!
Xuzen
wanna ask, how do you see both are close correlating?
From graph? or Numbers?
Oct 25 2015, 09:37 AM

Quote
0.1302sec
0.77
7 queries
GZIP Disabled