Outlook discussion.

We note the china markets have doubled in the last 12 months and and so has AGF. But prior to this, there seems to be no correlation to the china growth story that AGF have benefited from.
Having held most of my AGF since listing, I am now happy but its possibly just a 7% return that I have from a sector that's produced far greater returns.
The outlook to me is that the banks are stronger than ever, tightening of lending etc has not effected to much growth as they have other markets to source funds. There is a whole different set of terms in how china operates and I do not believe they have concerns for the future. Growth rates in the past were much greater but as an economy doubles in size then a 5% rate was as good as 10% previously. Its freight train thats unstoppable and its currency has huge potential in world markets of the future. A sector that has huge growth ahead. Maybe this is the stock that makes my retirement outcome a little brighter and sooner?