DBS Triple Happniess Fund. Trouble again?

• maxtor

  17 Nov 08, 23:41

  Originally posted by whoohaha:

  i am having the same problem too. should i withdraw from the DBS capital fund ? i lack confidence in the fund

  Hi, i have checked the last price of the DBS Triple-H fund. It is currently standing at 0.9223 (based on today's price). This means that if you had bought in at $1, you will suffer a $0.0777 loss for every dollar invested. Which means if you had invested $10000m, your loss would be about $777. this amount is exclusive of transaction cost, admin cost etc.

  IMHO, if taking a 10% loss helps you sleep better at night, i would recommend you take it. To help your decision making process, you might want to ask yourself whether you are willing to buy into the fund during this turmoil at this price ($0.9223). If the answer is no, then i think you have got yourself a decision.

• maurizio13

  17 Nov 08, 23:58

   

  Last time triple happiness, now become triple divorce plus alimony.