Double your money in 12 - 18 months... Fidelity Focus Fund (India)

calibra1010

I invested 45k into this fund in Feb 2006 (started off with a 10k initial investment and then further lump sums over the following months. Right now my fund has grown to about 95k.
http://www.fidelity.co.uk/cgi-bin/direct/iframe/iframeparent.cgi?sid=B02DW99
I am happy as larry :j as my fund has more then doubled over the last 2 years (making on average £2,200 per month profit). This is probably one of the best kept investment secrets.
I know alot of users are looking at ways to tap into the growth of India and China and this fund is highly recommended. Risk is also spread across various companies across the Indian so you are not putting all your eggs in one basket. Have a look at the following link
http://www.fidelity.co.uk/cgi-bin/direct/iframe/iframeparent.cgi?sid=B02DW99

hansi

scam scam scam:mad: :mad: :mad: :mad: :mad: :mad:

gt94sss2

I don't think it is spam - but as they say..

[SIZE=-1]"past investment performance provides no guide to future performance"

...and emerging markets, including India, have had a couple of good years

Regards
Sunil
[/SIZE]

hansi

Scam reasons.

1. (Old adage). If it sounds too good to be true (i.e. double your money in 12 months!) then it usually is!!

2. Why are there blank pages when you click on the links??


3. Spam????

gt94sss2

The links work for me and are just to fidelity's website.

As I say, some emerging markets have done very well over the last few years but that doesn't mean that performance will continue..

Regards
Sunil

masonic

hansi wrote: »

Scam reasons.

1. (Old adage). If it sounds too good to be true (i.e. double your money in 12 months!) then it usually is!!

2. Why are there blank pages when you click on the links??

1) It doesn't sound too good to be true. Higher risk stock market invesments are perfectly capable of doubling in 2 years. They are also capable of falling by as much, however.

2) I get taken to the fund factsheet.

purch

One point to note:

The Sensex currently has about a 30% P/E ratio overall and has a yield of less than 1%

Aegis

calibra1010 wrote: »

I invested 45k into this fund in Feb 2006 (started off with a 10k initial investment and then further lump sums over the following months. Right now my fund has grown to about 95k.
http://www.fidelity.co.uk/cgi-bin/direct/iframe/iframeparent.cgi?sid=B02DW99
I am happy as larry :j as my fund has more then doubled over the last 2 years (making on average £2,200 per month profit). This is probably one of the best kept investment secrets.
I know alot of users are looking at ways to tap into the growth of India and China and this fund is highly recommended. Risk is also spread across various companies across the Indian so you are not putting all your eggs in one basket. Have a look at the following link
http://www.fidelity.co.uk/cgi-bin/direct/iframe/iframeparent.cgi?sid=B02DW99

There's nothing secret about investing in India. It's just that most people wouldn't think of putting more than 5-10% of their assets into emerging markets simply because the level of volatility is astounding.

I'm quite frankly astonished that you're coming on to an investment forum and boasting about putting £45k into one of the highest-risk funds out there. Plus your maths is right out. According to the figures you posted, the fund grew 55% in the last year and 25% the previous year. This is a total return of 94% in 24 months, so it hasn't doubled in 12-18 months from what I've seen.

Here's a fund that nearly tripled in size over 3 years (75% in 1 year): http://trustnet.com/ut/funds/?fund=1700

Recently this fund has seen drops of 15% or more in a very short space of time because of the high risk nature of the sector. In the long run it might do well again, but the likelihood is that it's going to have trouble living up to its past!


All in all, not really a scam, just someone with a very bad investment strategy boasting about getting lucky with an extremely high risk fund.

calibra1010

hansi wrote: »

scam scam scam:mad: :mad: :mad: :mad: :mad: :mad:

its not a scam look at the fund sheet before you express your opinion.

dunstonh

The OP appears to be an inexperienced investor who has got lucky.

Investing in emerging markets is not a best kept secret. China and India have been key areas. You could almost say they are the current fashion investments.

Past performance is not a guide to future returns and what can go up by that amount can go down by it or more as well.

That said, I have had a chunk of Fidelity India in my portfolio for over a year as well.

calibra1010

Aegis wrote: »

There's nothing secret about investing in India. It's just that most people wouldn't think of putting more than 5-10% of their assets into emerging markets simply because the level of volatility is astounding.

I'm quite frankly astonished that you're coming on to an investment forum and boasting about putting £45k into one of the highest-risk funds out there. Plus your maths is right out. According to the figures you posted, the fund grew 55% in the last year and 25% the previous year. This is a total return of 94% in 24 months, so it hasn't doubled in 12-18 months from what I've seen.

Here's a fund that nearly tripled in size over 3 years (75% in 1 year): http://trustnet.com/ut/funds/?fund=1700

Recently this fund has seen drops of 15% or more in a very short space of time because of the high risk nature of the sector. In the long run it might do well again, but the likelihood is that it's going to have trouble living up to its past!


All in all, not really a scam, just someone with a very bad investment strategy boasting about getting lucky with an extremely high risk fund.

That is your opinion, maybe you are where you are because of your sceptical attitude to things. How can investing a lump sum be classed as a bad investment strategy. You have no idea what percentage of my total portfolio this 45k investment is. I would suggest that you keep your head between your legs..

You Idiot – the fund has not dropped 15% in a short space of time. Click on the link above and then total return and have a look at the stats (you can click on the tabs)
Last 3 months - £1000 investment would have grown to £1150
Last 6 months - £1000 investment would have grown to £1325
Last year - £1000 investment would have grown to £1575
Last 3 years - £1000 investment would have grown to £3100
I would suggest some maths lessons before you express opinions.