thats great so is C's economy recovering soon? when did you bought it?

hehe - well, snowball as in getting bigger and bigger (index) mar.
down (hill) will come sooner or later though - when, unsure.

Hm.. to me - it'll be "rich" at about 3K shanghai idx and definitely "hot" at about 4K+ (ie. i wont be buying lump sums).
However, when to pull out - no idea until my own "trend tracking" drops to -ve or when my "trailing stop loss" (now it's a "trailing stop to take profit" hehe) is hit, whichever comes first. Sorry bro - no crystal balls

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Added on December 26, 2012, 7:38 amI bought into CIMBC25 like 3 times liao this year + via FSM the RHB GS BRIC in Nov 2012.

BTW, C's economy was not down wor bro.
Only its market's sentiments - C's economy has been growing >5% (last saw was 7%+/-) all the while, even when fear of hard landing set in.
Beats the living kaka out of US' & EU's economy growth.

Keep in mind, market <> business/economy.
Market = sentiments
That's how we make $ or get $laughtered

eg.
Say Nestle is making ROE of 60%+ pa every year consistently
Then one fine day, world economy scare (something like 2008 lar say) & Nestle's stock price (market) drops 20%.
Note that even though market's sentiments bearish/fearful, Nestle's business is STILL chugging along making 60%+ ROE per year.
See the difference between actual business/economy VS market's pricing/sentiments?

To the "efficient market theorists" - yeah yeah, equilibrium will be met and everything will be priced in... EVENTUALLY.
However, when the kinks are still being worked out to reach equilibrium, there's opportunities for us to gather up some good value.
Just a thought

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Added on December 26, 2012, 7:41 amremember to put Kaka's a/c as the referer - he'll get "1% cost" transaction token, ie. his cost if he uses the token when buying in, will be only 1%

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Added on December 26, 2012, 9:07 amBTW, just furthering a thought on China - if China's growth continues to strengthen LIKE its financial market ("some say" financial market out paces real economy by 3 to 6 months mar), commodities will go up as well.

Thus, anyone targeting commodity-related mutual funds & food/plantation/metal related equities?

This post has been edited by wongmunkeong: Dec 26 2012, 09:07 AM

Quote FSM : The payment reference will be your FSM Investment Account number. Your Investment Account number starts with "P" and is followed by 7 numbers. Example: P1234567

I'm using M2U service. So under the description I'm suppose to enter my investment account as the payment reference? But my investment account starts with 'M' and not 'P'.

http://www.fundsupermart.com.my/main/faq/faq.svdo?id=2409
The Maybank E-Payment Guide has step-by-step pics. Using that, it will be your account number followed by the Purchase Order number. Eg: M000XXXX PDMGXXXXXXXXXXXX

Could not locate the part you quoted in the FAQ section.

This post has been edited by Dias: Dec 31 2012, 01:23 AM

Brother, M**** is your FSM a/c #, P***** is the TRANSACTION / CONTRACT number. U shd receive an email from FSM after U created a BUY contract on FSM's website. Use that P***** as reference (ie. if MBB2U allows U to type a reference during transfer of $).

FYI - mine a/c also M**** + my purchase contracts are also all P**** + when i transfer from a non-MBB bank, i put in the P***** as reference for the recipient.

Thx Wong. All done

Btw, the XIRR excel you provided some times back. For the cash inflow column, if there is a sales charge of 2% (for example), I assume we only enter the after sales charges (98% portion) of our cash inflow as the amount? Thx

Depends on your preference I'd say.

BUT, for me, the whole purpose of XIRR is to see annualised profit/loss % on CASH FLOW BASIS. Thus, it's more accurate to use the GROSS amount paid which is inclusive of Sales Charges.

If u want to know the fund's annualised returns, u can always refer to its Fact Sheets, right? For personal use, its better to evaluate returns on cash flow basis, including Sales Charge into the XIRR calculation.

This post has been edited by Pink Spider: Dec 31 2012, 10:33 AM

Yeah - as what Pink Spider said.
Me - i put in my COST (ie. whatever cash i put in, including service charges) as a negative cash flow
eg. i put in $100, then my cash outflow captured as $100, not $98 excluding 2% service charges
more realistic and pessimistic (i'm pessimistically optimistic mar )

Wondering if I could transfer my CIMB Australian Equity Fund from CPAM to FSM? Does the transfer process messy?

If FSM doesn't have that particular fund, they can allow u to transfer in the proceeds to buy another similar fund at zero Sales Charge.

This post has been edited by Pink Spider: Dec 31 2012, 02:16 PM

That fund is available starting December 2012 and it's newly added.

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=2982

plan to invest in this fund:

FULLERTON ASIAN BOND FD CL B SGD
http://www.fundsupermart.com/main/fundinfo...olnumber=FUL004

i perfer sgd coz if rm go down i can still earn some money, plan to invest long term,5 years, any comment?

i am a complete newbie

thank you

Can is FSM's CIS to confirm. Process is quite easy, I just filled in 3 easy forms, then ask FSM to check. Once OK, I submit the originals to them and wait for 10 - 40 days (depending on fund houses) to appear in my online FSM account.

Have u checked with FSM how are u going to pay FSM and vice versa?

they say ok, need to tt to them, when pay me, by check, or ask me open saving acc in sg

Overseas TT expensive...then the cheque would be in SGD? In that case, at the very least u need a SGD savings account here.

but i tt juz one time, plan to invest long term, 5-10years, let it compounded and hopefully double in 10 years

Guess you need to buy in big amount so that the TT charges or SC (if any) will look insignificant..

This is my portfolio performance ending 31st December 2012:

Fund Name | ROI (%)
PSEASF | 25.14
PSMALLCAP | 13.70
PAIF | 10.02
OSK-UOB EMB | 1.39
AmDynamic Bon | 3.21
AmAP REITs | 4.22
PFES | 16.14
CIMB-Principal Australian Equity Fund | 23.35

Overall paper gain: 13.14%

Quite good Bond heavy or equity heavy?
I have 3 same funds as you. Psmallcap, dynamic bond and PFES. I like PFES alot since it has alot of potential