Question: I would like to invest in an international fund that covers high tech stocks that is well managed with realistic fees and a good dividend. Is there such a beast?
Answer (By Paul Rickard): A long established fund is the Platinum International Technology Fund. It had really strong performance when it was established, although on a relative basis, it has underperformed over the last couple of years.
If you are interested in a passive fund, ETF Securities Morningstar Global Technology ETF may be of interest. It trades on the ASX under stock code TECH.
Question: Could you research Ramsay Health (RHC)? We bought shares before the reporting session and now are at a loss. I heard Charlie Aitken values them lower than they are now. Roger Montgomery always favoured them.
Answer: This article was published in Switzer Daily. Clearly, Ramsay is now a little out of favour with the market and the short sellers have taken an interest in both it and Healthscope (HSO). I think you will need to be patient in the short term and if you can’t wear the pain, you may need to exit your position.
Important:Â This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. Consider the appropriateness of the information in regards to your circumstances.
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