6th was Good Friday, most markets were closed for trading

how about 9th(Mon) & 10th(Tue) April since today is already 11th(Wed)?

Some countries have public holiday on the 9th for Easter Monday. Today is a public holiday, so the prices for 10th April should only be updated tomorrow.

Most of the European countries have public holiday on the 9th for Easter Monday. Their bourses are closed on Monday.

none for company with no agent with same serive charge. comapnt will take all service charge. so, its better hv agent for newbies. but u can for none if u well understand enuf abt UT.

equity funds for current market condition? lump sum or regular?

Cool, more data/info to bounce:
1. Ok.. thus only looking at Syariah-compliant businesses / funds.
That cuts down on a lot of "noise"

2. Asset Allocation
a. er.. total invest-able assets = $10K
eg. U are now starting into your investing and have amassed $10K for starting up.
OR
b. additional invest-able assets = $10K, and U've already some balanced or hit your planned asset allocation already?
eg. U have a bonus of $10K now to invest AND U are already holding your planned % in Fixed Income, Biz Equities, Real Estate Equities and Alternatives (gold, commodities, wines, etc.)

+Assuming (a.) above,
OPTION 1
IF i was in your shoes (please do your own due diligence ok? I'm assuming me being in your situation here ):

+I'd just do a simple 1/3 allocation to each Fixed Income, Biz Equities & Real Estate Equities.
Thus, that's about $3.3K each, into Fixed Income, Biz Equities & RE Equites.

+2nd assumption: U have EPF (which personally i think as Fixed Income equivalent) and it makes up a huge portion of your net asset (eg. more than say $20K compared to your "fresh investable" $10K)
Thus, the $3.3K for Fixed Income, i'd re-allocate to Biz Equities & RE Equities, making it 50% or $5K each

+For Biz Equities $5K, i'd check out all the Public Islamic ***** (equity funds)




Hm.. 3 years' data ending 2008 (bad ending so to speak due to high 2006 to low 2008 NAV):
PIEF gave about 4.9618% CAGR

Hm.. 3 years' data ending 2011 (good ending so to speak due to low 2009 to high 2011 NAV):
PIEF gave about 17.8632% CAGR
PIDF gave about 20.2080% CAGR
PIOF gave about 20.0808% CAGR
PISSF gave about 24.1193% CAGR

The $5K, i'd split it to 2 funds - PIDF (dividend strategy) and PISSF (sector strategy)
Unfortunately, PISSF is closed for new/additional investments i think. Thus, i'd do PIOF instead as my "aggressive" replacement to PISSF.

After selecting these 2 funds, i'd allocate $1,250 and do value + dollar cost averaging into each now and another in 6 months' time, ASSUMING i'll be able to generate another $10K to invest next year. I'll do this "program" for at least 5 years


+For the RE Equities $5K, i'd learn about REITs and REITs in Malaysia,
then checkout REITs Al-Hadharah/BSDREIT and Al-AQAR in detail and select how much to put into each OR one.
Again, me being me, i'd put $2.5K in BSDREIT (a plantation REIT) and $2.5K in Al-AQAR (a hospital REIT) and sit on them for the dividends.
I understand U are asking about mutual funds but thus far, i don't think PM has Syariah compliant REIT funds, they've PFEPRF though. Thus, keeping to the ambit of Syariah compliance, i'd go direct to REITs in Malaysia. Please do your own due diligence - some simple info to get U started http://mreit.reitdata.com/


OPTION 2
Forget all the above, just buy into an Islamic Balance Fund


Whew.. just remember, it's my personal view based on the above ambit only ar, please do your own due diligence - read the Prospectus, learn, analyze and understand the Funds AND entry/exit methodologies BEFORE executing anything. DON'T RUSH INTO INVESTMENTS UNLESS U FEEL NOTHING WHEN WATCHING YOUR INVESTMENT VALUE FALL 80%+ (1998) OR 40%+ (2008) - it's a marathon bro, not a sprint

This post has been edited by wongmunkeong: Apr 11 2012, 10:41 PM

wow thats a long reply. being back in office, i will have to allocate some time to study it when nobody's bothering me.

so skipping first to option 2, does it mean putting all in BALANCED FUND i.e. no allocation?

OK, got it, thanks!

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Added on April 12, 2012, 8:39 amya, thanks

This post has been edited by mars1069: Apr 12 2012, 08:39 AM

A balanced fund holds 50% Equities + 50% Fixed Income, or 60%/40% or some similar combination, depending on the funds' charter/investment strategy. Thus, in effect, it's already allocated to Equities and Fixed Income "like that" without needing U to sweat the details.

Note however, personally, it be may be easy but not cost effective nor suitable to each person's own asset allocation wants.
Just a thought

in that case, no able to do switching. i want to ask, such fund like BALANCED is the price quite no movement? i.e. no volatility?

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Added on April 12, 2012, 9:49 amcan EPF money be invested in REIT?

This post has been edited by serious1: Apr 12 2012, 09:49 AM

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Hehhe - i think there's no such thing as NO volatility.. unless dead lar

As for EPF money can be invested in REITs, can lar - there are 2 options.
1. From A/C1 to fund houses that lets U do your own fund management, thus buy lar REITs
2. From A/C2 to your own bank a/c or mortgage (thus U dont need to pay monthly assuming yr A/C2 $ is big enough, thus the cash $ for mortgage reallocate it for REITs)

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Need expert advice here. I plan to invest my EPF money into public mutual fund for a better return. Currently i plan to invest 6K from EPF into 2 funds and continue to invest the same amount every 3 months from EPF for the next 10 years. Initial thought is to invest 3K into Public Aggreassive Growth Fund and 3K into Public Ittikal Fund.

I able to take high risk because i'm still young and got other investment ie property & gold.

its good to make use tis epf invstment scheme. but its not a good time to enter equity funds now. waht u can do is open an acc in Public select bond fund. for temp parking. later u can switch to equity funds when the unit price are cheap.

my thoughts only.

Mr. Wong, your answer is much appreciated.

Its not clear to me. thru option-1, you can put your EPF money on your house fund la, not in the name of investment no?

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Added on April 16, 2012, 4:31 pmi thot public ittikal quite cheap now?

This post has been edited by serious1: Apr 16 2012, 04:31 PM

er.. i've no idea what U just stated above, sorry yar, a bit blur after moving office

Think "process flow" with me awhile
Move $ from EPF A/C1 --> fund house/mgt --> U manage the funds using their online system, to buy REITs or anything in listed KLSE

Understand better?

Some fund house/mgt allows U to self-direct your investments to the detail - ie. they throw U a web platform to buy/sell KLSE stocks using the $ U moved from EPF A/C1 (minus their "service charges"). The one i know is POEM / Phillip Capitals. Want to know more, please google and buzz them yar as i'm not privy to their details

so far 2 company - philip capital and Apex, can use epf money to but direct stocks.

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Added on April 16, 2012, 4:31 pm

i thot public ittikal quite cheap now?

[/quote]

i personaly feel not so cheap since 50 - 60% in local markets. still can wait for better entry.

my view only.