Friday, March 23, 2012

If you don't ask you don't get

Having learnt my lesson yesterday, I asked whether the fund should be able to invest in star bonds (I was always taught, if you don't ask you don't get) - quite prepared for the answer to be that the description can't be changed after IPO - but the answer was yes.  So, after the dust has settled with HGAME over the weekend, there are a few OMARS and HGAME bonds that are looking attractive.

On a side note - I set myself the (possibly foolish) challenge of averaging 1% a day gain on the fund.  The poor start put a bit of a dent in that, but as of yesterday the fund was only H$270,000 off the pace (a week ago it was over 2 million off).

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