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After reading the prospectus, I have found that this fund is very complicated. It involves in P-note which is link to a sub-fund which is very confusing to me. And lastly I am not sure whether dividends will be paid or not.
Although I am in favorable of China economy, I have decided not to put any money into this UOB China A-Share exchange-traded fund. Always invest into something you know. If you unsure, don't put any money in.
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4 years ago
2 comments:
yes, dont be conned by UOB.
I bought their uob top 50, pitched by their CONsultant as the best as they invest in the top 50 co. in asia and best time to invest as it is just after the asian financial crisis etc....
Bought at 1999 at $1, drop to 40c,
8years later,2007 move back to $1.
Break even, what a joke.
Hi Coe,
Yes, it would be better to learn to invest by yourself rather than depend on those so called "consultant".
Regards,
Freedom Achiever
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