27-10-2013, 10:44 AM
(27-10-2013, 10:35 AM)money Wrote:(26-10-2013, 11:11 AM)etan Wrote: Hi,
Any buddies into above investment? Can share your views? TQ!
It's fixed income, mthly distribution of 0.4 cts per unit (for 11 mths), 0.6 cts (for the 12th mth).
The funds are invested into US High Yield bonds and Asian Bonds, sub fund invest into Asia pacific investments (including real estate investment trust, dividend yielding equities.
Launch date: Y2005. Fund size : S$1,099.40 mil.
If price falls below $1, could it be better than FD interest?
useless one la... Just see it as a mixed bond fund that will incur huge capital losses when interest rate rises
Are investors really so hard pressed for yield nowadays?
Yup investors are really hard pressed for yields, thus explaining why REITS prices shot up in the first half of the year. Tat is how monetary policy works. A lower return for "risk-free" assets, though an expansionary Monetary policy forces individuals to put capital into "risker assets".