Come on be a man. dont come barking madly and then run away with tail in between your legs so fast.

I am sure the following post is very easy to prove or disprove by simple maths, any Tom Dick and Harry can do it.

if you with ACCA or CFA and still dont know how to disprove that, better you go resit again.  

These are simple clear straight forward hypotheses:

1) If you buy at 10% cheaper, later when the price picks up, you will earn 10% more than your friend any time.
2) The higher the UT price moves up, the more you will win over your friend, by 11%,12%,13% etc. i call it multiplying effect even though you just bought 10% cheaper, you can win your friend by more than 10% at the end.

Come on prove it wrong, by simply putting in some numbers and test them!

On  the one hand you acknowledge "what happens next no one knows" but on the other hand you contradicts yourself using an example that clearly implied yklooi "knows",  so that he can sell and buy back later at a much cheaper price.

Similarly i can also say what if the UT goes up ,of course yklooi who sold at a loss earlier will lose even more
now if he were to buy back again. Is that some great argument? NO!

You are wasting my time making circular arguments like that!

But then go think about it again (not that i agree with your untenable presumption there)
you tell me why your yklooi can win  there??

I am sorry to say it again, it is because he has bought at a LOWER NAV price!

Now what? Enter at whatever NAV price does not matter as long as you choose the correct UT?

Bond funds have been giving returns which match those of equity funds lately. This is because investors dump stocks and pour money in bonds, thereby pushing up the bond prices. But don't expect bond yields to stay high forever.

just let it ride for sometimes and review how it goes during mkt corrections....
maybe one risk appetite may change....trade off for a better sleep.

btw, what is United income Plus Fund?