Thai-focused fund favours property and construction
Alex Klein Tank of DK Capital outlines a 10-stock portfolio that is 70% weighted towards property and construction due to valuation and previous trading levels.
The Thai-focused Elite Fund is managed by PYN Fund Management. It has a 10-year annualised return of 22.1%, ranking it third on Morningstar’s fund performance list after the top two of Russian Prosperity Fund and East Capital Russia Fund. The fund was up 109% in 2009 and is up 47% year-to-date.
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