minority,
What? You are saying that Franklin fund managers are engaged in frequent trading (or to be more exact is "SPECULATION")???
Oh my gosh! They should not be isn't it (if what you said is true)?
They are fund managers, not speculators (on your behalf)! They don't even have confidence in their stock picks that they need to engage in short-term trading hoping to get extra profit???
Even then, there is no evidence to show that they beat the benchmark index!
Anyway, regardless of whatever lies you want to spin, let me bring to the attention of all here the REAL FACTS, which you can read here:
minority, so not happy with the above? More evidence here (please click on the link)..........
I believe "investing" in unit trusts (aka mutual funds) are one of the worst "investments"! No, it is actually "speculation"!
Given the fact that there are signs of active and frequent trading by many of these unit trust managers, when you buy unit trusts believing that you are "investing", then actually you are not "investing" but "speculating"!
Why "speculating"? Because the unit trust managers are "speculating" by frequent and active trading on your behalf!
And you know what? Most unit trust managers have not been totally transparent to you about their actual costs to you when you invest in their unit trusts. Don't believe what I said? Never mind, you can read about the FACTS here (please click on the link)............
I think the above are more then enough FACTS to all of you here.
So, conclusion: I am surprised that CPF ONLY allow CPF members to invest 100% of their CPF fund in unit trusts and yet forbidden to do so in any other investment instruments! (They can only invest 30% in SGX-listed stocks, where many listed stocks turn out to be full of FRAUD)!)
Obviously we can only expect minority to come back with some more LIES and nonsense, but
you have to ask yourself whether you believe in Forbes, Financial Times, or you believe in minority (who have been proven time and again to be the biggest liar and bullshitter here)?