Fund Report - United ASEAN Discovery Fund (Feb 20)



Fund Description:
This fund invests in Small-Medium companies in South East Asia. Basically, a Growth Stock fund. It also tends to be a very volatile fund so it works very well with the DCA method.

Comments:
Due to the current trying times, the fund decided to hold more cash (25%) than usual (10%) by reducing their exposure in Indonesia. It insinuates that they could expertly time the re-entry into the market which we know even the best of the best have problems doing. If it were up to me, I'd keep 100% of the funds invested to ensure I do not miss out on the rebound. Anyway, we will track how they fair from my monthly reports.

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