Some of mr. saverin 's other projects have been less conventional , including a cosmetics line launched in 2010 by rachel kum , singapore 's 2009 entry in the miss universe pageant .

萨维林另外一些投资项目则涉及一些不那么常规的行业，其中包括2009年度新加坡环球小姐瑞哲（rachelkum）在2010年开设的一家化妆品公司。

But it is worth noting that four of these funds invest in hong kong where the market is highly correlated to chinese stocks and thus the funds don 't provide ideal diversification , says y. t. kum , senior research analyst at morningstar asia , based in hong kong .

但晨星亚洲（morningstarasia）驻香港高级研究分析师y.t.kum说，值得注意的，其中四只基金投资香港，而香港市场与大陆股市高度相关，所以这些基金的分散化效果并不理想。