This was shared by one of my most admired guru in the line of investing in his Facebook post so I thought of sharing the same to my friends and clients as well. It’s the Philippine Mutual Funds Performance for the first month of 2011 or January 2011 to be exact.
Everyone of us is very much optimistic since it’s the start of the New Year but it turns out that the first month isn’t that very positive at all.
To quote Henry’s post:
One month return on Philippine mutual funds are mostly negative. ATR KimEng’s AsiaPlus Recovery Fund leads the way among all funds with 1.18% return in 1 month. Most other equity funds are down over 5% in 1 month!
Below is the fund performance on Equity Funds.
But of course, if your investment horizon is for the long term, you wouldn’t be shaken with returns like these as you know that the market (stock market that is) simply up and down. And in that case, all you have to do is regularly do your investments, nothing less.
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