Malaysian Funds Remain Cautious Ahead Of GE13


KEY POINTS:

1. FTSE Bursa Malaysia KLCI suffered several large single-day declines, owing to the weak sentiment and high sensitivity to this most pressing of political concerns.
2. Retail investors are reluctant to participate in the local market for the time being as the risk-off mood among Malaysian retail investors prevails
3. As compared to nine months ago, most of the funds have raised their cash allocation further, indicating the degree of uneasiness that these fund managers are experiencing over the election.
4. As the risk aversion of Malaysian equity fund managers shows no signs of abating, cash levels is likely to remain relatively higher until there is clearer picture after GE13.
5. Apart from hoarding cash, Malaysian equity funds which are allowed to invest in foreign equities have opted invest overseas, favouring neighboring Southeast Asia countries
6. Fund managers who need to stay invested even through volatile times, seeking refuge in the defensive sectors such as telecommunications and utilities.
7. Our advice to investors is to stick to the fund managers that they are comfortable with and to let these professionals deal with mitigating the downside risk.

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=3188

Golden words

oh ok.. but i use CMF ma.. there oledi say no lagging.. maybe tomorrow will come out liao

No lag in the sense of u buy before 3PM, u will get today's pricing. But u will only see your purchases reflected in your holdings summary after 4 working days.

If u use internet GIRO transfer, they will only process after the fund is cleared. Similar for cheque deposit, they will only process after the cheque is cleared, which usually takes 2 working days. You will get the pricing of the day they process.

oh.. so i oledi get today pricing, just no statement lo.. kk i understand

http://www.fundsupermart.com.my/main/resea...?articleNo=3183

3 RHB PRS fund + 1 OSK-UOB Dana KidSave

kimyee73 got my Excel sheet?

May I know, what is the difference OSK-UOB Kidsave and the new Dana Kidsave?

Dana Kidsave is Shahriah compliant.

Hwang also launched Hwang Aiiman Select Income (syariah compliant) recently, but not in FSM...

I'm starting to appreciate the work Fund Managers do for us...stock-picking is so stressful...and then when to buy in is also a big headache...

Most KLCI equity funds 5-year annualised returns around 10%...I wonder can I match that

Haha.. that is why I am also considering conservative mix asset and balance funds. Unless market crashes la, then go into stocks myself.

Why are the shares you are tracking now? Maybe I can give you a tip or two.

I saw you posted about you missing out on BAT and it would have make you gain 1.7% right? I remembered queuing for RM49, but decided to cancel it at the end. Now it's RM56. I would have gain 14%

Hi, the Kidsave trust invest in MY? or asean?

http://www.fundsupermart.com.my/main/admin...rtsMYOSKKTR.pdf

you can check the asset allocation. page 14.

thanks !

PM is the biggest winner:

Public Bank’s wholly-owned subsidiary, Public Mutual bagged 14 awards out of 44 awards at the Edge-Lipper Malaysia Fund Awards 2013, held at the Hilton Kuala Lumpur on 25 February 2013. This is the 10th consecutive year Public Mutual has emerged as the biggest winner at the annual awards event.

URL: http://www.publicmutual.com.my/LinkClick.a...o4w%3d&tabid=87

My buy list:
BAT
GAB
Hup Seng
APM

I queued for BAT at 56.60...that day low was 56.50 if I didn't remember wrongly.

Well, BAT is on the high side for me now. So I won't be touching that counter anytime soon. Quit queue at RM49. Thinking of it makes my bank account cry

Well, if ignoring market demand/supply, i.e. looking at yield alone, I'd only buy in at RM50-RM55. But my money got nowhere to park, might as well go in at RM56+.