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Navra US Fund outperforms everything

Discussion in 'Managed Funds & Index Funds' started by Simon Hampel, 11th Jan, 2007.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    9th Jun, 2005
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    Location:
    Sydney, Australia
    My portfolio and watchlist of funds are all showing red (ie negative returns) for yesterday's figures ... except Navra US (up 0.86% for the day) !!! Is this the start of a trend ? :D :D

    Portfolio is $20K down over the last week now. *sigh*.

    Hopefully market stays down for a bit ... latest equity loan refinance was completed just before Christmas and margin loan refinance should come through shortly ... so I have some very large additional investments to make coming up ... happy for unit prices to be down for a few more days !
     
  2. lorrimer

    lorrimer Well-Known Member

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    4th Jun, 2006
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    Location:
    Brisbane, Queensland
    Sim, I wish I shared your optimism.
    I parked around 800k in MF's (mainly Navra wholesale) just before Christmas and just know that I have put the kiss of death on the market.
    You know that a down January normally means a down year !!
    I so hope that I'm wrong and that you are right.
     
  3. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    January is often very volatile ... the kind of stuff the Navra funds should thrive on. I'm hoping for a great Q3 distribution.
     
  4. gad

    gad Well-Known Member

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    5th Sep, 2005
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    Canberra
    Didn't you sell out of the American fund a little while back (Just wondering about your smilies above) ?

    Just the same, Hope you are right, I have held onto mine.
     
  5. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Yeah I sold out ... the smilies were for the tongue-in-cheek comments about the US fund outperforming everything.

    I'll need to see sustained performance over a longer period before I buy back in ... I don't have time to wait for a fund returning less than 10%pa