I've been saying that equity markets are cheap and that stocks probably won't crash much when valuations are this cheap. Many of the people that I advised did not believe this and continued to pile money into bonds and bond funds. The yield has fallen to 3 - 4% for SGD and yet people flock to the security of bonds without much capital upside.
Below is a chart of all the funds that I've been positive about.
1. Schroder Asian Income has been up 14.3% YTD.
2. Templeton Total Return SGD H up 9.5% YTD.
3. AllianceBernstein Global High Yield up 9.1% YTD.
4. Aberdeen Pacific Equity SGD up 8.1% YTD.
5. First State Dividend Advantage up 8.0% YTD.
Here you go...
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