Saturday, 19 December 2009

First State Asia Pacific Leaders @ 278p

First State Asia Pacifc Leaders has been a great long term investment since launch at 100p back in 2004. This is a conservative fund with sound investment principles backing its strategy. Five largest Holding are 30% of the Fund.
1. Newcrest Mining - GOLD - 9%
2. Brambles - 6%
3. Swire Pacific - 5%
4. Hong Kon China & Gas - %5
5. Tiawan Semiconductor 5%
Use the 50ema (285p) BUY price and 200ema (260p) Stop Price as indicators to invest in a fund. The fund price needs to be above the 50ema and 200ema and rising.Any break BELOW the 200ema is a warning. If the price does not get above the 200ema within the next 20 days then I sell out and wait for the price to find support. First State broke ABOVE the 200ema @ 210p in April 09 and has been rising ever since. Look for pullbacks to the 50ema (285p) to BUY in and stay invested as long as the fund price is greater than the 50ema a month later. SELL when the current fund price is more than 20% (312p) above the 200ema.
SELL triggerd @ 240p in Summer 2008 50ema < 200ema, BUY triggered @ 210p in April 2009 50ema > 200ema




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