10.02.2015 - Tempted by fall in global commodities? Here's how to trade commodity-based funds
It's difficult days for those investors who bet on the global commodities theme. The DSP Blackrock World Mining Fund crashed 24 per cent over the last one year. Its annualised loss for the 2 and 3 year holding period is also placed at 18 per cent and 14 per cent respectively. The country-specific funds, catering to resource-rich nations, have also been affected by the crash in commodity prices. For example, the annualised losses for 1, 2 and 3 years holding period for HSBC Brazil Fund is 15 cent, 16 per cent and 11 per cent respectively. Here too, the NAV of the growth option is below par. What should investors do with these funds now? Should existing investors book losses and move out or should they hold on to them, hoping for a recovery...............................................Full Article: Source
Print