In the beginning of May 24 we rebalance by adding the HSBC GIF Ultra Short Duration Bond Fund both (USD and SGD) to our portfolio and a small amount in Lionglobal Short duration bond fund. We still holding the Fullerton SGD cash fund and dispose off the Lion Nomura Japan Active ETF at end of May 24. This ETF has proved rather disappointing and does not live up to its name. It seems to suffer from a lack of liquidity and most of the time the spread of ask bid price are far ap...
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$Lion-Nomura Japan Active ETF (Powered by AI)(JJJ.SG)$ I waste 3SGD and 4m … i bought JJJ on first day however after holding for 4m and looking at Nikkei going to 40k JPY while this fund was doing nothing at the end of March and April i closed all my funds ( Sgd 20k ) and moved to MMF i personally don’t think there is any AI behind this fund just some regular people buying and selling i know my investment was small but 4m with not even a penny is just waste of my time
102760057 :
this ETF is in SGD while Nikkei is in JPY. The ETF price has hover around $1 while Nikkei rally is partly due to the weakening of JPY against SGD. if you have invested into Nikkei225 in SGD, your returns likely to be muted as well
$Lion-Nomura Japan Active ETF (Powered by AI)(JJJ.SG)$ Wondering why they cannot even perform .., don’t tell me they put AI but the meaning is not Artificial Intelligence but ‘Love’ almost 4m the performance is like nothing … didn’t they test their AI model last year before asking us to invest ?
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•SE7EN• :
isn't it supposed to outperform the Nikkei index? something wrong with the AI