Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Public Mutual v3, Public/PB series funds

views
     
kent05
post May 18 2012, 08:31 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ May 18 2012, 04:07 PM)
goodness.. another repeat of Jul-Sep 2011, when Greece gave us the bugaboos, again?
OR
perhaps even worse since Spain's in the game too now..

Hehhe - no down, means no value fishing.
Happy fishing.  notworthy.gif

PS: Last round this happened, KLCI dropped about 15%+/- from it's maximum.
Just to share a gauge if U are interested.
*
are u currently fishing too? rclxms.gif
kent05
post May 19 2012, 10:26 AM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ May 19 2012, 07:30 AM)
Hm.. something like that lar for a bit of target practice.
When lower then that by about 20% to 25%, then i'd use "dynamite fishing" instead of "shooting a barrel of fish", more effective tongue.gif
*
u mean when it drop to around 1200++? will it happen after GE13?
kent05
post May 19 2012, 10:48 AM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(kparam77 @ May 19 2012, 10:30 AM)
if it drop due to external factor, nothing to do with GE. still depends on extranal factor.
*
well...GE12 in 2008 caused klci dropped 138 points
kent05
post Jun 4 2012, 05:03 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
do u guys invest in EPF is a wise choice? cos someone in other forum did mention MER really kills the return...
kent05
post Jun 19 2012, 08:47 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
i used my epf invested in public focus select fund. since feb last year until now, the return is 6%++. i dunno if i shud re-purchase it and re-invest the fund again when the market going down again.
kent05
post Jul 5 2012, 08:35 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
any1 here knows how to use EMA 3,5,10 for entry / stay / exit plan? i read it in cari forum but i cant understand the concept?
kent05
post Jul 5 2012, 09:33 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ Jul 5 2012, 09:15 PM)
EMA as in Exponential Moving Average? 3,5 10 of EMA?
bro - are U lost or something? That's usually for ForEx and other trading vehichles wor.
U want to TRADE mutual funds? With the crazy entry charges (compared to stocks, options, ForEx and futures)?  shocking.gif
This i gotta see...  notworthy.gif
*
y say crazy? cos read in a chinese forum got ppl really trade mutual fund use Exponential Moving Average rclxub.gif cos i dunno when i shud lock my profit & park my fund to bond fund..den when shud i go in again when market going down...

This post has been edited by kent05: Jul 5 2012, 09:36 PM
kent05
post Jul 5 2012, 09:40 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ Jul 5 2012, 09:35 PM)
Local mutual funds sold in Malaysia?
OR
Overseas?

Local service charges are comparatively high leh
+
mutual funds aren't made for in/out within days/weeks/months

But then again, what do i know - there are lots of possibilities that i'm unaware about  notworthy.gif
Share the website pls
*
bro, is public mutual fund....i got funds that reached profit btw 9-11% so far....
http://cforum.cari.com.my/viewthread.php?t...4&extra=&page=1
http://cforum.cari.com.my/viewthread.php?t...2&extra=&page=1

kent05
post Jul 5 2012, 11:27 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ Jul 5 2012, 11:09 PM)
wow.. 9-11% within 1 day, 5 days, 1 month, 6 months, 1 year,  2 years, 3 years, 5 years or more?

BTW, U using
bought NAV / by current NAV
OR
Total Cost / Value held now
as your %?

Thanks for the links  notworthy.gif
Now i need to Google Translate them heheh - danke danke
*
less than 2 yrs...overall i still loss cos back then i switch so often due to fear during 2008....
i guess im using bought NAV / by current NAV as my %....

the links got quite a pages
kent05
post Jul 6 2012, 08:39 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ Jul 5 2012, 11:43 PM)
bro - just a bit of sharing ar.. hope U dont think me bad.
a. IF 9%-11% over 2 years.. that's not good leh
Average CAGR or compounded returns pa% for average to good funds is about 6%pa to 9%pa +/- based on the stats i saw
FYI - the Eastspring SmallCap (last time called PRU SmallCap) i held since donkeys of years ago till now - 3 purchases, all 3 transactions are hitting 10%pa compounded / CAGR. NOTE - these 3 transactions of mine was "buy and forget" method hheheh.

b. Shdnt be using "bought NAV" / "current NAV" to calculate your profit/loss %
reason:
"bought NAV" doesnt include costs like service charge of 3% (EPF equity funds), 5.5% (cash bought equity funds) or even 0.25% (bond funds)
that itself has a big impact on trading profitability

In addition, if I read properly the google translated pages, the guru/sifu there also stated beware of SWITCHING costs.
Thus, your "trades" should be only worthwhile if $50K or more.

Will share more once i read/translate more of those 2 links biggrin.gif
Dang hard trying to understand google translated Ying-Glish tongue.gif - sorry yar, bananaman here - only Chinese words known to me are mahjong tiles + own name + daughter's name  sweat.gif
*
Bro MK, thanks for sharing. I'm pleased if you can pointing out my mistake.

a. to be exact, my PFSF (using EPF) since 02/2011 till to-date is 8% return (mistakenly calculated as 9%), PSEASF since 11/2011 till to-date is 11% (switched from money market, loaded units). so consider good return or not?

b. my formula to obtain P & L in % is [ (NAV x units accumulated) - Actual Amount invested ] / 100%. Is it fall into "bought NAV" / "current NAV" category?

as I read thru the forum, got ppl mentioned not necessary with $50k only can apply the technique. however i do feel it is quite hard to apply the techniques in public mutual funds because of switching. I wish i can use the technique to determine entry point after I have switched out to money market / bond funds, also to determine when to lock the profit to achieve optimum profit.

PS. The links for files they have upload already invalid. i need to dig out those files i have dl before.
kent05
post Jul 19 2012, 08:15 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ Jul 13 2012, 02:57 PM)
I wish can use credit card heheh - 5% cash back credit card will nearly cover the service charges tongue.gif
*
bro Mun Keong,
PFSF - 1.5 yrs till todate , using EPF, return about 10%
PSEASF - 8++ months till todate , return about 12%

is return of the above funds reasonable?
kent05
post Jul 19 2012, 08:58 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(debbieyss @ Jul 19 2012, 08:31 PM)
I disagreed part of your statements.

2008 was the year of economic crisis and after that market rose up like no tomorrow. Basically, anything you buy from 2009 onwards will be good return.

In order to judge whether it's a good fund or not, check out its at least consecutive 5 years performance.
*
QUOTE
bro - just a bit of sharing ar.. hope U dont think me bad.
a. IF 9%-11% over 2 years.. that's not good leh
Average CAGR or compounded returns pa% for average to good funds is about 6%pa to 9%pa +/- based on the stats i saw
FYI - the Eastspring SmallCap (last time called PRU SmallCap) i held since donkeys of years ago till now - 3 purchases, all 3 transactions are hitting 10%pa compounded / CAGR. NOTE - these 3 transactions of mine was "buy and forget" method hheheh.



kent05
post Jul 19 2012, 10:02 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(debbieyss @ Jul 19 2012, 09:54 PM)
I don't understand what are you trying to reply.
*
According to MK's view , average CAGR of a fund should be around 9-11% per annum...
kent05
post Jul 20 2012, 09:30 PM

Getting Started
**
Junior Member
183 posts

Joined: Jan 2009
QUOTE(wongmunkeong @ Jul 20 2012, 12:03 PM)
Hi Kent05,
My apologies for the late response - sicker than a dawg for the past 2 daze.

Ok - just to clarify, i stated the average CAGR of an equity fund averages about 6%pa to 9%pa - not 9%pa - 11%pa  sweat.gif.
Snippet from previous posting
"
Average CAGR or compounded returns pa% for average to good funds is about 6%pa to 9%pa +/- based on the stats i saw
FYI - the Eastspring SmallCap (last time called PRU SmallCap) i held since donkeys of years ago till now - 3 purchases, all 3 transactions are hitting 10%pa compounded / CAGR. NOTE - these 3 transactions of mine was "buy and forget" method hheheh.

"

Please note that one should be aware of the "year ending..." for a 3 years, 5 years and 10 years statistics.
It can have very big impact
eg.
a 5 years... ending Dec 2008 
VS
a 5 years.. ending Dec 2011
can give VERY VERY large variance of average CAGR and even perhaps Sharpe Ratio

----------

On your Q of:
PFSF - 1.5 yrs till todate , using EPF, return about 10%
PSEASF - 8++ months till todate , return about 12%

Well, it depends on:
a. how U calculated the 10% and 12%

b. If they are 10%pa and 12%pa (as in taking into account of 365 days a year and factoring in the service charges of 3% PFSF (EPF) and 5.5% PSEASF (Cash)), then it's doing good.
However, please note that it's just the initial time-frame. The real test & results would come within 5 to 8 years of holding or managing your portfolio  sweat.gif

Sorry ar - i just shifted PC too - bloody FPAdvisor doesn't work well with Windows 7 64bit. Else, i'd have checked out PFSF & PSEASF for U and posted a JPG snapshot of their 3 years & 5 years performance till Dec 2008 vs Dec 2011.
I don't think PSEASF have been around for 10 years though hehe.
*
MK,
sry for wrong stated CAGR as 9-11% doh.gif

my P & L in % is ( net gain or loss *100) / actual amount invested...pseasf was launched in 2007..btw wat is sharpe raion anyway?

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0742sec    0.64    7 queries    GZIP Disabled
Time is now: 13th December 2025 - 03:44 AM