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  Summary of Guide to Successful Fund Investment

  • Past fund returns are overemphasized by many fund investors.
  • Popular funds cannot guarantee good returns.
  • It pays to be minorities in investment.
  • Asset allocation is more important than star fund managers.
  • Choosing a sector is more important than choosing a fund.
  • If you cannot choose best sector in advance and/or are risk averse, it is better to have a balanced portfolio.
  • Investment portfolios of most investors are too narrowly focused.

Personal note : Discipline and action is more important than facts.

The report, The AC Financial 2005 : Guide to Successful Fund Investment, is published by AC Financial Ltd, a UK-based financial services firm. The full report can be found here.

Note: Because choosing the right sector is important, therefore we believe in global investment. The best sector of a year may not be available in your local market for investment.
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