Thursday, November 4, 2010

Closure of mutual fund



"Dear Unit Trust Consultants,

We attach herewith a memo on Closure of Additional Investments for xxxx SmallCap Fund and xxxx Islamic Opportunities Fund by the Chief Executive Officer for your reference."

Well, this is not a good sign in the market, it shows the market is getting hot now~

I will dispose some shares if there are more closure of fund. For all mutual fund investor out there, careful on your investment, you should invest when the market is low, not when the market is bull running.

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Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.