Hi all, i recently sent off a cheque for $10k to buy units in the CFS global resources fund. This is one of the most popular funds at the moment because of it's great returns in the past few years due to the booming sector. I paid $1.3809 per unit on 6/9/06 and today they are worth $1.2838 ($9,296.84). Yeah i guess i jumped in at the wrong time considering that resource stocks are down To ease the pain and make myself better, i'm thinking of purchasing more units (maybe $5k worth) to help average my buy in price. What are people's thoughts on this strategy? I've heard with shares it's generally not a good idea to buy a stock that's falling in price but i figured that there's less risk with a MF due to the collection of stocks in it. Or should i just sit on my hands and hold on. I realise that funds need a 5yr+ outlook but i'm a bit pissed considering i used the money from a LOC.