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Below my transactions (older than 1 month) from group H: info
ETF provider: iShares (BlackRock)
Ticker: IASP
ISIN: IE00B1FZS244
Currency: Euro
Exchange: Amsterdam
This iShares Asia Property Yield UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.
This Asian real estate ETF has recently declined. Reason is the fear of higher interest rates. With higher interest rates, over time, the cost of financing existing properties will increase. But new projects are even more affected by interest rate hikes. Existing properties are financed by long-term mortgages at low interest rates. New projects must pay the higher interest rate immediately. As a result, fewer new projects can be build. Less competition from new projects can lead to higher rental prices for all realized projects. Despite the fact that there is some bubble risk in Asian real estate, I expect that economic growth remains high enough to catch this up.
2 purchases from the end of 2015. Despite the fact that I remain positive for China over the long term, I see some problems in the short term. The recent downgrading is not a good sign.
Mission accomplished.
A total of 3 purchases with an average of just over half a year. The one-year return target was on average 33%. Especially this year it has gone vry well with this ETF. Therefore, profit is taken now. Because my goal is almost achieved and in a shorter period of time.
In total six purchases. Average duration is 4 months. The year target was 35%. I remain very positive about the Internet and China. But there is a double top in the chart at the moment. Sold also because almost half of the average return is achieved within four months.
Two purchases. One in May and one in June 2016. The year target was 40%. Early sold because there's some uncertainty regarding Trump and how he will deal with China. Any US import restrictions will affect China. This consumers ETF will be fewer affected. But a brief startle response is possible. Over the long term, I remain very positive about this ETF. After falling I will buy this ETF again.
Two purchases. The first in September and the second in November. The return target for the full year was 40%. Early sold because of the risk of a peak. This ETF has recently risen very hard. 2 years ago there was a peak at the current level. I remain positive about India. Should there be a drop then I step back in.
The target was 35% in one year. Now, after nine months largely sold achieved. There is top formation in the chart. Over the longer term, I remain positive. But the chance of a dip in the short term increases. The surrounding US policy uncertainties are increasing. Asia remains partly dependent on what happens in the US. Asia remains vulnerable to the high debts of Asian companies and consumers. New Zealand and Australia in this ETF have again become very dependent on Asia.
2 in total purchases from 6-6-2016. The return target was 35%. Now, after 9 months of a large part has been sold achieved. What top formation in the chart. It is still not clear what will be the Trump import restrictions. China has also indicated that one of the industrial economy will move to a more service economy. It is expected that some unprofitable industry will be divested. Therefore but just stepped out of the ETF.