Thursday, April 26, 2007

CIMB's Emerging Asia Fund

CIMB-Principal Asset Management Berhad published this advertisement last week in a major english newspaper. It showed that their Emerging Asia Fund could generate a 1-year return of 25.85%. That's a very good achievement. But somehow on the very next day, CIMB-Principal published the same advertisement but this time, the 1-year return has dropped drastically within 1 day period, i.e. down 7.45%. The advertisement followed the daily stock market index as well?????
I wonder what's the rate of return for next week.
Tags: CIMB, CIMB-Principal, Asset Management, Funny, Humour



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