It has come to my attention that the Infinity funds have significantly reduce in its fund holdings within a very short period of just one to two months. My understanding from Lion Capital was that this is due to institutional clients withdrawing from the funds.

In addition, the funds have some organization. One of which the funds might be hedged to the based currency like SGD. I cannot get a confirmation of this from Lion Capital on whether have they started this hedging.

My opinion is that the above two events will increase the cost of the funds. However, due to the lack of information, my advice to my existing clients have been to hold on to their holdings & RSP to these funds. For those clients who are investing lump sum for first time, I had advised them to invest in other funds that are at least more transparent.