Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
That's an interesting fund. It has assets all over the place but the focus is in Asia as the name implies. Zero exposure to Japan at this time. I don't own MJFOX but MAPIX instead.
Doesn't that just figure? I just recently dumped it for MAFSX.
I think you made the right choice getting out of it (not sure about MAFSX, haven't really looked into it, although I do like the fact that Jardine Matheson is more than 7% of the fund) and I wouldn't think twice about it.
I'm not sure I believe Japan's growth numbers and really don't think that what they are currently are doing is going to lead to sustainable benefits. My view is that, what's best for most people is to have a strong, broad Asia fund and hold it. I own a few Asian equities as long-term holdings, but would not recommend that for conservative investors.
I wouldn't go for and try to time individual country funds or etfs, even for those countries who I feel positively about.
@John Chisum: "Some bullish news ." I can't tell you how many times I've heard this over the last decade. This chart says it all, EWJ vs. SPY. Regards, Ted
Major Goals (Dreams?) in India as new leader takes aim at India's ongoing desire to become economically relevant and a 21st century ready country. Here are the top 10 economic highlights of the President's Address: #10 Urbanization: The government will build 100 cities focussed on specialized domains and equipped with world class amenities. By the time the nation completes 75 years of its Independence, every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access. http://profit.ndtv.com/news/cheat-sheet/article-pranab-mukherjee-outlines-modi-governments-economic-agenda-453995 Although Asia's third-largest economy is in its longest slump for a quarter-century, consumer inflation has been stuck at an average of nearly 10 percent for the past two years and was one of the main issues that brought Modi to the helm of the world's largest democracy.
Ten million people enter the workforce every year as the largest youth bulge the world has ever seen reaches working age. The demographic shift may help propel India into the league of developed nations, but risks causing economic and social disaster if it is not harnessed effectively.
The anti-inflationary message will be welcomed by central bank governor Raghuram Rajan, who has made lowering India's growth-stifling high interest rates contingent on containing consumer prices. However, dampening prices will not be easy.
They'll probably take our coal ! India Likely to See Over 5 Per Cent Power Shortage in 2014-15: Report Press Trust of India | Updated On: June 08, 2014 19:18 (IST) "A capacity addition of 17,800 MW during the year 2014-15 comprising 14,958 MW of thermal, 842 MW of hydro and 2,000 MW of nuclear power stations has been considered," according to the latest annual 'Load Generation Balance Report' by the Central Electricity Authority (CEA), the planning body for the power sector http://profit.ndtv.com/news/industries/article-india-likely-to-see-over-5-per-cent-power-shortage-in-2014-15-report-444749
India has a long ways to go to get to a world class environment. Another country is Indonesia. They also have a huge young population that is vastly undersized. Indonesia is a large country with all the action in Jakarta. The rest of the country just sits still for the most part.
Comments
I'm not sure I believe Japan's growth numbers and really don't think that what they are currently are doing is going to lead to sustainable benefits. My view is that, what's best for most people is to have a strong, broad Asia fund and hold it. I own a few Asian equities as long-term holdings, but would not recommend that for conservative investors.
I wouldn't go for and try to time individual country funds or etfs, even for those countries who I feel positively about.
Regards,
Ted
Click On Max.
http://finance.yahoo.com/echarts?s=EWJ+Interactive#symbol=EWJ;range=1y
It all depends on the person Ted.
Here are the top 10 economic highlights of the President's Address:
#10 Urbanization: The government will build 100 cities focussed on specialized domains and equipped with world class amenities. By the time the nation completes 75 years of its Independence, every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access.
http://profit.ndtv.com/news/cheat-sheet/article-pranab-mukherjee-outlines-modi-governments-economic-agenda-453995
Although Asia's third-largest economy is in its longest slump for a quarter-century, consumer inflation has been stuck at an average of nearly 10 percent for the past two years and was one of the main issues that brought Modi to the helm of the world's largest democracy.
Ten million people enter the workforce every year as the largest youth bulge the world has ever seen reaches working age. The demographic shift may help propel India into the league of developed nations, but risks causing economic and social disaster if it is not harnessed effectively.
The anti-inflationary message will be welcomed by central bank governor Raghuram Rajan, who has made lowering India's growth-stifling high interest rates contingent on containing consumer prices. However, dampening prices will not be easy.
The government also promised to ensure that every family had a good home with uninterrupted power supplies by 2022. It will urgently seek to revamp the creaking railway system, focusing on high-speed trains, as well as road and airport building.
New Government Reveals Plan for Jobs, Low Inflation
http://profit.ndtv.com/news/economy/article-new-government-reveals-plan-for-jobs-low-inflation-459836
They'll probably take our coal !
India Likely to See Over 5 Per Cent Power Shortage in 2014-15: Report
Press Trust of India | Updated On: June 08, 2014 19:18 (IST)
"A capacity addition of 17,800 MW during the year 2014-15 comprising 14,958 MW of thermal, 842 MW of hydro and 2,000 MW of nuclear power stations has been considered," according to the latest annual 'Load Generation Balance Report' by the Central Electricity Authority (CEA), the planning body for the power sector
http://profit.ndtv.com/news/industries/article-india-likely-to-see-over-5-per-cent-power-shortage-in-2014-15-report-444749
M* India Equity
http://news.morningstar.com/fund-category-returns/india-equity/$FOCA$EI.aspx
http://www.zerohedge.com/news/2014-06-08/only-chart-you-need-see-trade-japans-gdp-beat