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Fundsupermart.com v12, Najibnomics to lift KLCI?
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Drian
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 Nov 16 2015, 04:10 PM
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Would like to ask opinions from you guys long timers here.
Just recently sold all my company US shares and transferred all back to Malaysia. A big bulk of the profit was due to the currency exchange. So right now I have quite some cash that I want to reinvest.
Now since I got profit from the falling ringgit it would also mean if I were to buy any international unit trust, any strengthening/weakening of the ringgit is now also a factor in the gains.
What are you thoughts on investing in international funds now with the weaker ringgit?
This post has been edited by Drian: Nov 16 2015, 04:10 PM
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Drian
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Nov 16 2015, 04:30 PM
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QUOTE(T231H @ Nov 16 2015, 04:27 PM)  Ringgit had fallen for the past MANY months by many % too. do you think it will continue to fall at that rate and at that % too? here is an article in August from FSM...hope it is still relevant... (how much has % RM fallen since Aug till now?)(maybe 2%?) At this juncture, we urge investors to refrain from chasing FX returns blindly by investing in any foreign equity market given that the additional FX gain arising from the weakening of the ringgit is likely to be limited. Instead, investors should focus on the fundamentals of the markets to identify opportunities that will provide decent potential returns for their investments. Investors can consider investing in regions such as the Asia ex-Japan region, where we have assigned a 5 star rating and is relatively more attractive in terms of valuation metrics as compared to other regional markets. http://www.fundsupermart.com.my/main/resea...stay-flat--6200Yes but the opposite will hold true as well, if the fund performance goes up , but the ringgit strengthen, it will cancel off each other. |
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