Managed funds

[Shareguy]

WOW, that thesis written by A.I.  My goodness that is disturbing.
How long before we have A.I. running an investment fund using algo's, options, shorts and all sorts of other techniques to beat the market?

What could go wrong 😂😎

[Stoploss]

Beginners luck?

Winner might be time to update this but Discovery are now + 34.66 % since inception ( roughly 10 months )
edit-sorry I see it was Shareguy who provided the direct comparison.

[Shareguy]

Winner might be time to update this but Discovery are now + 34.66 % since inception ( roughly 10 months )
edit-sorry I see it was Shareguy who provided the direct comparison.

Thanks for posting stoploss. Have not checked for a while.

[Stoploss]

Discovery founders fund since inception + 38.17 %-Go you good thing.

[Shareguy]

Still early days but yes great result. Pie funds also finally starting to improve after a long period of under performance.

[Shareguy]

Discovery up 10.9 percent for July. Now up 44.6 percent since the 10 months since inception.

Well done Mark and Chris.

[Shareguy]

Pie funds having a better month in July

https://www.piefunds.co.nz/Portals/3/Documents/Newsletters/2023/Monthly%20Newsletter_August_2023_Digital.pdf?utm_medium=email&utm_campaign=Slice%20of%20Pie%20August%202023&utm_content=Slice%20of%20Pie%20August%202023+CID_5171be163333407d235100eab2e915f1&utm_source=Email%20marketing%20software&utm_term=Read%20Here

[Stoploss]

Pie funds having a better month in July

https://www.piefunds.co.nz/Portals/3/Documents/Newsletters/2023/Monthly%20Newsletter_August_2023_Digital.pdf?utm_medium=email&utm_campaign=Slice%20of%20Pie%20August%202023&utm_content=Slice%20of%20Pie%20August%202023+CID_5171be163333407d235100eab2e915f1&utm_source=Email%20marketing%20software&utm_term=Read%20Here

When you say a better month ,I presume you mean compared to lately .
But looking at the 8 funds that have comparisons to the index.Only 2 have beaten the index ,the other 6 are minus vs the index ,some by considerable margins. Not what I would aspire to .

[Shareguy]

When you say a better month ,I presume you mean compared to lately .
But looking at the 8 funds that have comparisons to the index.Only 2 have beaten the index ,the other 6 are minus vs the index ,some by considerable margins. Not what I would aspire to .

Yes Pie have had a terrible few years. Result was an improvement from a low base. Interesting that they are looking at opening up growth. I imagine there is a lot of concerned investors that will be switching if not a substantial improvement. They have had a big loss on the UK fund.

[Shareguy]

I have been researching India lately and am looking at placing some money in a managed fund with its main emphasis on the Indian market.

With the decoupling from China we are already seeing huge opportunities.

There are a number of funds offering exposure to the Indian market.

Here is a interesting note from Craigs re India.

Is India the new China?
China has been a powerhouse of global growth in recent decades, and investors seeking the excitement and opportunity of emerging markets haven't needed to look much further.
However, the world's second largest economy is facing increasing challenges, bringing its credentials as an obvious investment destination into question.
Last year was difficult for China amidst strict COVID-19 restrictions, and we haven't seen the expected rebound in activity in 2023 since these were relaxed at the beginning of the year.
Domestic demand has been weak, consumer spending soft and private investment subdued. China is also grappling with fears of deflation, a weak housing market and concerns over the shadow lending sector.
The authorities are clearly worried about the prospect of increasing capital outflows, which would exacerbate these issues.
In contrast, India is shaping up as a highly attractive place to do business, as well as invest capital.
India has already overtaken China as the world's most populous country. The United Nations has been tracking population estimates since 1950, and earlier this year it surpassed China for the first time.
This population of 1.4 billion people is the cornerstone of the Indian investment case, as is the fact they're all getting wealthier.
Gross domestic product (GDP) per capita in India is a little under US$2500, which is where China was 15 years ago (it's now approaching US$13,000 in China).
In the following period, China experienced very strong growth and the economy almost doubled in size within a relatively short period of time.
We need to be careful about making comparisons, but it's easy to see India embarking on a period of steady growth from here on.
With a very large population and favourable demographic trends, it could well be in the early stages of a longer-term boom at a time when China is quite likely ending one.
Over time, the rising middle class will have more disposable income and more choices about where to spend that money, boosting consumption overall.
This will help drive financial inclusion, which will see people begin to use more financial products and services.
Only 65 million (which is about five per cent) of those 1.4 billion people are credit card holders, which should ensure financial services is a major growth area.
Offshoring of manufacturing is another post-COVID trend that is likely to provide ongoing benefits to the Indian economy.
Apple is one high profile company that's been moving more of its iPhone production to India, in part to diversify away from its reliance on China. Others are expected to follow suit.

Emerging economies can offer more attractive investment returns than developed markets, but they also come with a higher risk profile and an expectation of more volatility.
This health warning applies to India too, although with many emerging market risks related to geopolitics, it might be better positioned than most.
With a less open economy and market than others, there aren't as many interactions (or tensions) with others.
As a democratic republic with a parliamentary form of government, India has more in common with the Western world than the leadership style of China.
It is also a member of the Quad, a diplomatic and military arrangement with Australia, Japan and the United States.
These things arguably put it in a better position to take advantage of the multipolar world dynamics that are likely to prevail in the years ahead.
In short, India's future might look like China's past, making it increasingly worthy of consideration for investors.


Thoughts?

[Waltzing]

look it obvious that only stock that the world wants are going to be growth. are there any other?.. nuclear active tank shell makers... hong kong gambling and carbon emitting second hand car yards...

get real nuclear power plants will make a come back for sure...

Inida has a whole junk yard full of russian weapons and what is the average income per Cappuccino?

[Onemootpoint]

Simplicity pulling shares from Israeli banks not 'political stance'

https://www.rnz.co.nz/news/business/502123/simplicity-pulling-shares-from-israeli-banks-not-political-stance

[arekaywhy]

Simplicity pulling shares from Israeli banks not 'political stance'

...

Might look at those three banks then...

My policy has served me well; that I invest in companies or ENTIRE SECTORS that have fallen foul of ESG and DEI overlords

[Shareguy]

Discovery funds up 9.3 percent for November. Now up 51 percent in 14 months since inception.

What a result.

[Stoploss]

Yes massive outperformance , these guys are doing very well .