Impact of Dubai World Collapse To Mutual Fund Prices

Posted by Kris | Sunday, December 13, 2009 | , | 0 comments »

Below are some of the funds that I monitored using The Far-East /Middle East related funds really took a hit. It was one of the high performers together with China as they are considered as "Emerging Markets". Some of the funds lose like 2-3 cents in just a few weeks. Ouch..

Funds are slow to move up, it just took a little sneeze from Dubai to spark the rapid downtrend. Nevertheless, for long term, mutual funds will inevitably outperform fixed deposit rates. Provided of course, dollar-averaging is done diligently and with the utmost discipline.

Commodities related funds also took a rapid hit. T_T