Is AIA global technology fund worth of investing for long term? Where can I see the performance for the past 10 years? - Seedly
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Anonymous

Asked on 31 Jul 2020

Is AIA global technology fund worth of investing for long term? Where can I see the performance for the past 10 years?

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Hi anon,

The AIA global technology fund's underyling fund is the Franklin Technology Fund.

You can directly buy into the Franklin Technology fund without having to go through AIA. You may use a platform that doesn't charge you sales charges.

10 year performance returns can be found in the fact sheet of the fund, which is on AIA's website (if you were looking for the AIA data) or on Franklin's website.

Due to the fact that this fund (regardless of whether you buy via AIA or directly on a platform) is fully equity, and is concentrated in a single sector (tech), you must be able to accept the volatility that will come with this fund. To bring prudent risk management into the picture, you will want to ensure that this fund is not a significant portion of your entire portfolio.

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Most indexes are now tech-heavy due to the recent run up in valuation.

Personally, I do like tech industries due to the "riding the wave" effect.

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AR
Antonius Ricardo
Level 2. Rookie
Updated on 09 Aug 2020

Hi there,

I think I agree with Guru Frankie that there are many other Tech ETFs which you can focus more rather than put your money AIA Global Tech due to the 1.5% fee (LOLOLOL).

However, for myself, I did put my money into AIA global tech as well 2 years ago due to :

  1. I didn't want to learn any investments stuffs.

  2. My AIA agent happens to be my senior high school friend in Jakarta.

Hence, as for my opinion :

  1. The growth for my case is still about 3%-4% per year (which is still better compared bank) and i would rather think, don't put your moneys in that AIA Global Tech and makes it as a side money instead. I personally put the main focus on US tech through Syfe100% Equity which covers ranges of markets.

  2. If your aia friend happens to be a friend whom you know well, taking your money into AIA fund is like to make an ally in your investment journey. You help your friend and your friend will definitely help you, ask them tons of stuffs e.g. current market, growth, etc etc.

Hopefully this is useful.​​​

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Hey there, it's all in the AIA ILP Fund website :) https://www.aia.com.sg/en/help-support/funds-information/aia-ilp-fund-prices/aia-global-technology-fund.html You can click on the fund fact sheet to find its performance and holdings.

Based on the fund fact sheet, AIA global technology fund has had a remarkable performance by far, achieving a mid double digit performance in the past 10 years. I will definitely include it in my client's portfolio to the extent my client's risk profile allows for it.

Do note that AIA global tech fund is an equities-based fund, ie. it's a higher-risk fund. So evaluate your risk appetite, and decide how much % to allocate through the advice of a trusted Financial Advisor.

Financial planning is an integral part of life. You can reach me here to find out more.

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Updated on 31 Jul 2020

Ticker WITS and AYEW

is the much better (and much cheaper !) ETF alternative to that benchmark index. AIA's sales charges and particularly the annual fees (1.5%) are very high, avoid!

https://www.ishares.com/ch/qualifizierte-investoren/de/produkte/308858/ishares-msci-world-information-technology-sector-ucits-etf-usd-dist-fund

and IXN

iShares Global Tech ETF

has better 3, 5 and 10 year performances​​​

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X_Y
Level 5. Genius
Updated on 31 Jul 2020

There are many Tech ETFs in the market for you to choose. I guess the only reason you decided to choose an ILP fund is for the coverage and positive performance of the fund manager. Of course, less the lock-in period and costs incurred on ILP premiums.

Objectively, the fund manager has been doing his job well in outperforming the benchmark (MSCI World Information Technology Index, MXWO0IT Index)

As for investing in the long-term, no one will have a crystal ball. However, based on the full historical data of this fund:

-There are 79 quarters worth of data of this fund since its inception in 2000

-57 quarters (including current) are positive. The probability to make money: 57 / 79 = 72.15%

-21 quarters are negative. The probability to lose money: 21 / 79 = 26.58%

-Therefore you know that the odds are in your favour to build in your position in the-long-term

You can find a list of charts and a checklist of this fund via this link: https://dl.orangedox.com/fund-analysis-pdfs

File Name: AIA GLOBAL TECHNOLOGY FUND (AIAGTEC SP Equity)_updated_310720

Via the link, I tackle the following questions:

  • How has the NAV been trending since inception?

  • How has the fund been performing quarter on quarter since inception?

  • How has the dividend been trending since inception?

  • How has the fund size been growing?

  • What are your probabilities to make/lose money?

  • What are your average (+) and (-) returns?

  • Is your fund outperforming or underperforming the benchmark? (For Actively Managed Funds)

Hope it helps.​​​

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Question Poster

31 Jul 2020

Great analysis and well done😍
X_Y

31 Jul 2020

Thanks, happy to help.
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