Friday, August 10, 2012
Reversion to mean
Funds that worth investigating:
1. Morgan Stanley China A Share Fund. It's a closed end fund listed in NYSE(CAF). It is selling close to 10% discount to NAV but with 13% market distribution yield is very attractive.
2. United SSE 50 China ETF http://www.uobam.com.sg/uobam/html/china_etf.html
It is an ETF that has direct exposure to A shares listed in Singapore Stock Exchange. It has just recovered slightly after hitting a new low of USD 1.54.
3. BRIC mutual funds
4. Mutual funds specialize in H Shares
5. CIMBC25 listed in KLSE. I sold off last year at RM 0.83/share. It is about time to get back in soon.
Have a good weekend everyone.