Last July when I liquidated my equity fund holdings I left my OMIP funds intact.
Why, because they usually do better through bear market phases than bull.
Their monthly updates arrived today and last month they are up something like 12.5% for the month.
I suspect if commodities go for a row, then next month might not be so hot.
I bought my first lot mid 2000 and so it has seen 2 bear markets and one bull and are compounding at 16%.
Was about 20% for a long while and I suspect with every new issue it depletes the potential than when smaller.
A money back and then rising guarantee doesn't hurt either unless Westpac goes under in these troubled times.
Yeh, 16% doesn't sound brilliant for a smart futures trader, lol, but its like owning your own home with no mortgage.
Makes it very easy to sleep at night, so why don't I.
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