Best and worst funds of 2008
February 2009’s Personal Money is full of good articles and I would like to share this one with you.
On an average, according to Lipper, the total 474 funds registered for sale in Malaysia made an average loss of 2.28%. Equity funds reported an average loss of 35.54% while property funds loss an average of 40%. Commodity funds loss an average of 33.30% while Islamic funds lost 19.88%.
The Top 10 funds (according to Lipper) are:
AmDual Opportunities-Capital Protected : +15.99%
ASBI Dana AL-Fakhim : +9.11%
RHB Islamic Bond : +8.33%
ABF Malaysia Bond Index : +7.70%
Alliance Global Bond : +6.84%
AmDynamic Bond : +6.44%
AmFIRST REIT : +5.69%
HWANGDBS Glbal Banks Structured : +4.90%
CIMB-Principal Returns Guaranteed Series 1 : +4.36%
AmBond : +4.29%
The Bottom10 funds (according to Lipper) are:
CIMB-Principal Emerging Asia : -48.65%
HWANGDBS Global Opportunities: -48.91%
CIMB-Principal Climate Change Equity: -49.52%
PRUglobal equity blend: -49.57%
AmGlobal Agribusiness: -49.59%
CMS Premier: -49.67%
AmGlobal Poperty Equities: -50.8%
Public Far-East Property & Resorts: -51.97%
AmPan European Property Equities: -52.62%
OSK-UOB Global New Stars: -53.04%
To my dismay, I actually own one of the bottom 10 funds. But the good news is that I have been buying the fund regularly, so I am able to accumulate more units with the same amount of money. This is one of the benefits of having a regular savings plan, although seeing your fund making it to the bottom 10 list is not exactly exciting. Sure wish it would pull itself out of there in the coming year.
Happy New Year everybody!
