Fund price of this month 本月基金價格:
HK$1.3036 (+0.29%)
Fund size: HK$924,680.33
No. of investors: 98
HK$1.3036 (+0.29%)
Fund size: HK$924,680.33
No. of investors: 98
Still too busy to write a monthly report, since the fund have been run for couple years and pretty much on track, so I have decided i will get out details quarterly instead of monthly to save time.
i have purchase gold again due to the gold price drop, gold and properties (land) are the only two things that can preserve value in long run. Gold as the ultimate currency and properties (land) is the ultimate asset.
that's why in the biblical history, when God favor a person, He never promise to give him money, cows, sheep, but lands - promise land! or in the old days even nowadays, people call those who own land - landlord!
although in the past history, the appreciation of stocks or business venture always outrun gold and properties, yet its risky nature make many investors tend to feel safer investing in gold and properties. Anyway, here are few figures.
Investors count: 98
Fund size: 924,680.33
Latest unit price: $1.3036 (+0.29%)
Asset allocation:
Cash (all currencies): 6.48%
Loan: 40.01%
Business Venture: 1.28%
Gold: 3.58%
Manulife Mutual Fund: 18.87%
Morpheus Fund: 6.37%
Stocks: 23.41%
Total: 100%
The market is adjusting, so I will go defensive mode.
i have purchase gold again due to the gold price drop, gold and properties (land) are the only two things that can preserve value in long run. Gold as the ultimate currency and properties (land) is the ultimate asset.
that's why in the biblical history, when God favor a person, He never promise to give him money, cows, sheep, but lands - promise land! or in the old days even nowadays, people call those who own land - landlord!
although in the past history, the appreciation of stocks or business venture always outrun gold and properties, yet its risky nature make many investors tend to feel safer investing in gold and properties. Anyway, here are few figures.
Investors count: 98
Fund size: 924,680.33
Latest unit price: $1.3036 (+0.29%)
Asset allocation:
Cash (all currencies): 6.48%
Loan: 40.01%
Business Venture: 1.28%
Gold: 3.58%
Manulife Mutual Fund: 18.87%
Morpheus Fund: 6.37%
Stocks: 23.41%
Total: 100%
The market is adjusting, so I will go defensive mode.
Morpheus Fund 2013 (initial capital $50,000 since Aug, 2012):
01 -1.9% $61,346.29
02 -4.0% $58,892.44
Comment: 較為不順的一月，往後會保守一點，宜至情況改善。
