The Importance Of Financial Mindfulness

Finweek English25 June 2020

The Importance Of Financial Mindfulness
This edition of Fund Focus concentrates on the different approaches fund managers are taking to achieve future returns in a challenging environment.
Leon Kok

It goes without saying that currently, we’re going through trying times economically and otherwise. And many millions may consider themselves blessed that they’re invested in mutual funds. The average person simply doesn’t have the time or expertise to manage their personal investments every day, or to efficiently reinvest interest or dividend income, or to investigate the thousands of securities available in the financial markets. Mutual and hedge funds are managed by professionals who are experienced in investing money and who have the education, skills, and resources to search diverse investment opportunities.

No less important, many manage several different funds and allow you to switch between them at little or no charge. That enables you to change your portfolio as and when your personal needs, financial goals or market conditions change.

Several of these features are implicit in this edition, and I’m delighted that all our participating principals have provided inspired, if not ingenious, solutions to many pedestrian investors’ current needs.

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25 June 2020