Question
One day, Laura contacted you for advice. She found the information for an attractive fund, absolute value chaser Fund from the internet. She considers to
One day, Laura contacted you for advice. She found the information for an attractive fund, absolute value chaser Fund from the internet. She considers to re-allocate all her 100,000 in this fund. The information for such a fund is listed below.(1) It aims to identify and invest the undervalued shares in the market by their own research, rather than replicating market index. It claims it has a team of bright star analysts, resulting in a super performance in 2019. (2) The shares in its portfolio are normally glorious stocks, such as Facebook, Apple and Alphabet (Google). High book to market value shares do not exist in its portfolio at all. Requirements: Make your recommendations of absolute value chaser Fund to Laura. Do you suggest her to invest in absolute value chaser Fund or not? Explain your reasons.
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