G'day--long time lurker, first time poster! I'm after some advice re: the Colonial Global Resources fund. I understand some basic concepts like risk and investment timeframes. However, I find funds that sit on the top of the Investmart performance lists, like this one, the Challenger China Share fund and the Australian Unity Property Securities Growth fund a little hard to analyse. How do you pick between high risk and excessive risk? From what I've read here, the AU Property fund looks like it may have been in the excessive risk category, especially after reading some of the comments regarding how they deal with customers. I'd really like to invest overseas--in a fund like Colonial's, and from the research I've done it seems ok. I don't mind a 7 year time frame for a fund like this. What I'm worried about is after the AU fund dropped, it seems like it may never recover, or it could collapse totally. What methods do people here use to define excessive risk? For me, at the moment it seems like the only tool I have is to avoid the top listed funds, as they generally suffer a pretty big crash. I've used the comparefunds site, which seems great...but what else is out there? Any general advice, or specific regarding this fund would be appreciated. I'm trying to learn more about risk before getting into margin loans.