There is one important thing. Buy Fear Sell Greed. With little time for detailed research (bad move Dean) but a lot of money to put to work in the Fusion Investing Fund, the fund just bought 1,000 ANZ shares at $18.10. While Westpac Bank would have been a more conservative investment the greater potential of ANZ and my better understanding of ANZ swung my decision.

Fund Performance to Date

• 4 of 6 positions (67%) outperforming the index.
• The -0.6% return compares favourably to the -15.4% for the ASX200.
• Fund dips into red for second time since inception (Apr 08)

Related posts:

1. Fusion Investing Fund Buys ANZ Bank
2. Fusion Investing Portfolio Buys Biota
3. Fusion Investing Fund Sells Ultra Bull Fund
4. Fusion Investing Fund Update June 2008
5. Fusion Investing Fund slips into the red
6. FI Fund buys STP and GE