In the just concluded 10th PhillipCapital Annual Conference, many fund houses presented their views on the market outlook and potential investment ideas. Almost all fund houses agree that market will remain volatile for the rest of the year. Investors looking for more stability and income may diversify some money into REITs funds. (Two of fund houses that present this view don't even have REITs fund themselves.)
Even before the conference, while we were travelling from JB to KL, few of us planners and agents were talking about how stable REITs funds has been performing for the past few months. The market has been volatile but REITs funds are steadily and slowly going up. One of agents has both REIT fund and REIT stock, interestingly he is not confidence the REIT stock management will perform in such economic condition but he was very excited with his REIT fund selection.
Below is the chart for REITs funds taken from FundSuperMart.
It's quite impressive indeed.
I had placed some money in Manulife Asia Pacific REIT Fund before this. It was introduced by another agent. This time I diversify some into AmAsia Pacific REITS - Class B because its Volatility Ratio is lower. I am quite happy with the Manulife Asia Pacific REIT Fund.
There are many REIT stocks in Malaysia. I am more familiar with some famous names (like IGBREIT or SUNREIT) but their yields are a bit low. Other names have higher yield but I am need to spend time studying first. Furthermore, REITs in countries like Singapore, Hong Kong or Australia also offer higher yields or stronger demands. So, I use REITs funds for both investment and diversification purpose.
As usual, I use eUnitTrust to save service charge. It is having a sales promotion in celebration of the 10th Annual Conference. It's zero sales charge during the promotion (1/7/2019-31/7/2019). eUnitTrust is online platform managed by Phillip Mutual, investors need to do the analysis themselves and take responsibility for any profit & loss since there won't be any agents to give advice. Head on to www.eunittrust.com.my to study and open account for free. If you don't mind your account to be tagged under any agent, open your eUnitTrust account for free here. (Disclosure: The agent is actually my wife, but neither she nor me will give you any advice to buy or sell. Pls do your own study and make your own decision.)
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