With the Parliament FINALLY dissolved on the 3rd of April 2013 hurrahhh, everyone is eagerly waiting for the announcement of the voting day for the 13th Malaysia General Election. Be it your regular kopitiam or Facebook, there's bound to be political issues being discussed daily. The upcoming election has been deemed the closest ever as both ruling party and opposing party are confident of forming the federal government. With that uncertainty at hand, many investors including fund managers have been taking precaution since January 2013 by liquidating their stock holdings. The strategy implemented by many Malaysia Equity funds is to accumulate more cash in anticipation of buying opportunities when the local Bursa falls.
In today's post, I will be looking at a few Malaysia Equity funds in terms of how much cash they are currently holding and what kind of stocks they are still holding on. Since there are so many Malaysia Equity funds, I've decided to select only funds that recently won
The Edge-Lippers 2013 award.
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