Fidelity Multi Asset Navigator Fund

Fidelity Multi Asset Navigator Fund offers not only exposure to bonds, equities and cash, but also property and commodities to improve diversification and enhance performance. Consequently, this mutual fund is able to tap into an array of opportunities globally to which many other funds do not otherwise have access. Such a more diversified asset mix is suppose to reduce the overall risk of the portfolio without forgoing returns. An added draw of the fund is that the asset mix changes accordin to the stages of the global economic cycle. Investors need not perform fund swtiching and are able to hold onto the same fund throughout the cycle, potentially reducing the hassle and costs of investing.

The major asset allocation of this mutual fund is reviewed on a monthly basis but the fund manager is free to change the asset allocation on other days if circumstances dictate and rebalance the positions daily in order to manage cash flows.

The fund is expected to achieve asset reallocation gradually reflecting the slow movement of the economy from one phase to another. While economic models suggest four different portfolios depending on the phase of the economic cycle, the transition from one to the other will be achieved progressively rather than immediately.

This mutual fund is considered to be a low to medium risk investment based on the fact that it will have no less than 30% in bonds and cash at any time and that it also benefits from asset classes diversification. The asset mix will be adjusted to reflect the prevailing trading conditions and the Fund should therefore be more resilient to downside than pure equity-based funds. Investors will do well to note that such diversified funds also typically underperform pure equity-based funds in a bullish market.

It will do well to consider adding this mutual fund to a portfolio to gain added stability. For the more aggressive portfolio, this fund may not fit as well, potential limiting the upside achievable. It may be worthwhile to consider purchasing this fund as a defensive play when the global economic cycle has been expected to have peaked.

The Truth About Making Money Online

Make money online. Internet business opportunity. Autopilot income. Affiliate programs. Home based business opportunities. High yield investment products. Ultimate secrets. Proven systems. Internet millionaire...


A simple search on the internet will turn up tonnes of websites that purport to be able to show you how easy it is to make money off the internet with minimum effort. Majority of them will claim to have enjoyed success and are already enjoying the fruits of their "investment" and will be willing to share their secrets of success with you for a small fee.


Behind all these claims is the reality that making money online is not as easy as it seems. The advent of online advertising channels such as Google Adsense, Adbrite, etc. has definitely made making money online much more feasible but it is still not so simple as sitting down and writing an ebook for sale, making use of Adwords to drive traffic to your website, etc.


The core reason making money online succeeds is high quality content. Yet, high quality content that is put on the internet differs from that which is traditionally published. Online content needs to be properly copywritten so that it gets the attention of search engines and ranks high organically on search results page.

A good copywriter for online content has to consider many factors when structuring and formulating the material. Only with optimised high quality content will the online presence of the content be picked up and eventually lead to returns for the site owner. This is not an easy task and few people have truly mastered the art of doing it.

Making money online is possible but keep an eye out for those who try to potray it as being effortless. Simple logic tells us that if it is truly so effortless, then countless people will already have had become millionaires. Those who potray online money making as easy are trying to make a quick buck from those gullible enough to trust them and pay for their "secret formulae". Content is king and focus on getting content right... Money will follow thereafter.

CPF Minimum Sum, Medisave Minimum Sum to Go Up

From the first of next month, Singaporeans turning 55 years old will have to leave $99,600 in their CPF accounts under the Minimum Sum scheme. The amount is $5,000 more than the current minimum sum of $94,600 and will will apply to CPF members who turn 55 between 1 July 2007 and 30 June 2008.

Those who set aside the $99,600 fully in cash will receive a monthly payout of $790 from age 62 for about 20 years.

Likewise, the Medisave Minimum Sum will also be increased with the new amount being $28,500, up by $500. At the same time, the Medisave contribution ceiling will also be raised by $500 to $33,500.

As usual, many people will complain about the increase in CPF minimum sum since it is their money that has been "locked up". However, if we look deeper into the higher minimum sum, the raise in minimum sum will likely have effect on 2 different distinct groups of people, the low income and middle income groups. High income earners can be effectively exclude from any analysis since CPF is not likely to suffice to meet their retirement needs and they should have had pursued alternative wealth management opportunities.

For the low income group, the raise in minimum sum will better assist them in building a dependable source of retirement funds. With an ageing population, such self reliance during retirement has a wider impact on society as a whole. Taxes can be controlled at lower levels as the working population will not have to totally shoulder the burden of providing for the retired.

For the middle income, they have been increasingly feeling the squeeze of not getting the benefits provided to the poor while striving to attain and maintain the luxurious lifestyle so envied of the rich. In the course of this pursuit, the middle income group had frequently stretched their means to the last dollar. Of course, there is also a subgroup within this strata whom live well within their means and have little issues preparing for retirement but again, it is important to focus on the fact that CPF is a basic scheme to help in retirement and those who are able to should jolly well enhance their retirement income via other avenues.

What the raise means is actually rather trivial if we consider that CPF savings does attract interest of at least 2.5% and 4% for the Ordinary and Medisave accounts respectively. The impact of these raises is most acutely felt by those who are already nearing retirement age but for those who are still active in the workforce, the compounding effect of returns over time can be harnessed to enhance the CPF sums. 2.5% and 4% are the minimum guaranteed returns but if idle sums are properly invested into the right vehicles, it will not be difficult to double the returns of the Ordinary Account and get annualised returns of 5% or more.