Mutual Fund Review in August
Which fund do you think will perform the best in August?
1. $Allianz Global Artificial Intelligence(LU1548497426.MF$ Mgt Fee 2.05% pa
2. $Franklin Technology Fund(LU0109392836.MF$ Mgt Fee 1.5% pa + Others 0.35%
3. $BGF World Technology Fund(LU0056508442.MF$ Mgt Fee 1.5% pa + Others 0.7% + 37.75% security lending fee
4. $Fidelity Funds-Global Technology Fund(LU1046421795.MF$ Mgt Fee 1.5% pa + Others 0.7%
I think the 4 funds will perform the same. Despite the AI hype, the funds are subjected to volatility risk. The return may look impressive but the data are for long term investment (3 years return) and past data may not guarantee future performance.
The other indicator I look at is the fee. You can check at: Fund Ticker>Subscribe>Rule>Fee
Franklin Technology has the lowest among them. Fee is blended into the return and is bad news for long term investment.
I'll choose Allianz Global based on AI portfolio. Personally I prefer AI-related ETF which has even lower fee. If you're a swing trader, the above is not for you.
1. $Allianz Global Artificial Intelligence(LU1548497426.MF$ Mgt Fee 2.05% pa
2. $Franklin Technology Fund(LU0109392836.MF$ Mgt Fee 1.5% pa + Others 0.35%
3. $BGF World Technology Fund(LU0056508442.MF$ Mgt Fee 1.5% pa + Others 0.7% + 37.75% security lending fee
4. $Fidelity Funds-Global Technology Fund(LU1046421795.MF$ Mgt Fee 1.5% pa + Others 0.7%
I think the 4 funds will perform the same. Despite the AI hype, the funds are subjected to volatility risk. The return may look impressive but the data are for long term investment (3 years return) and past data may not guarantee future performance.
The other indicator I look at is the fee. You can check at: Fund Ticker>Subscribe>Rule>Fee
Franklin Technology has the lowest among them. Fee is blended into the return and is bad news for long term investment.
I'll choose Allianz Global based on AI portfolio. Personally I prefer AI-related ETF which has even lower fee. If you're a swing trader, the above is not for you.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
dokee888 : Hi , where can I access the fund ticker?
ZnWC OP dokee888 : You can go to main menu and select discover>fund.