Ambond have no BBB bonds, and is primary on A & AA bonds with some AAA bonds.

Although portfolio duration 2.77 years (almost same with AmDynamic) the lower bond grades is riskier...

This post has been edited by gark: Feb 25 2013, 12:20 PM

IMHO bond funds are approaching the top... interest rate is preety low already for a lot of countries.. only directlion is going up...

I have divested most of my bonds and now only hold about 15%. (mostly MY)

This post has been edited by gark: Feb 25 2013, 03:30 PM

For now cash level... waiting for right time to re-invest

Been adding more into foreign equity lately and also divesting MY equity...

Current holding

1. Bond MY - 10%
2. Bond EM - 5%
3. Equity MY - 20%
4. Equity Foreign - 15%
5. Cash/FD - 50%

Oh, btw, those holding Indonesian bond, the latest Rp 1.5 trillion sukuk offering of at 5.16% fails with 30% undersubscription, investor asking for 6%... The bonds yields are cracking ahead of possible interest rate rise/inflation..

This post has been edited by gark: Feb 25 2013, 03:43 PM

All excluded.. this one is pure gambling ... investing fund...

This post has been edited by gark: Feb 25 2013, 03:41 PM

Central banks in Malaysia, Thailand and Indonesia could raise interest rates in the second half of this year, said the Royal Bank of Scotland (RBS), dismissing the likelihood of a rate change anywhere else in Southeast Asia.

"We don't see reasons why central banks should be cutting interest rates. But Thailand, perhaps Malaysia, as well as Indonesia could see a rate hike in the second half," said Sanjay Mathur, RBS' head of economics research for Asia Pacific ex-Japan.

He said the fourth quarter would be an "opportune time" for Bank Negara Malaysia to "normalise" the key interest rate.

Mathur sees Bank Negara, which has maintained the Overnight Policy Rate at three per cent since June 2011, raising the key interest rate by 25 basis points to 3.25 per cent in that period.

Interest rate hike, the guys at FD thread will jump for joy....

This post has been edited by gark: Feb 25 2013, 03:48 PM

For FD thread mah.. if for bond thread will cry loh.

Gary? Hmm... new nickname

You can invest in Indo bond through many UT fund offering in MY like PB Indo Balanced fund or something like that. Most EM bond fund also have some of Indonesia bond (last year's hot bond)... so check your EM bond holdings..

BTW Indo Bonds fund returned a scorching average of 17%-20% p.a. returns each year from 2009-2011... last year 2012 was lower at 8-12%... this is due to the government cut the interest rate from 11% to 6% now....

This post has been edited by gark: Feb 25 2013, 04:01 PM

Indonesian economy has jumped a lot, but it might be too hot until crash...

Land & property prices has gone 200% in 3-4 years, inflation is at least 10%, interest rate dropped from 11% to 6%....minimum wages went up 44% last year

Indonesia ran out of industrial land for investor last year...until government have to quickly step in...

Could have, would have, should have... if everyone like this mah no need to invest already lor...

Next time buy up lar rather than waiting for people to sell down.. so guarantee can instantly get.

Last time also i keep queue 2-3 bid below current price, end up often missed good bargain. Later realize for the amount I am buying one bid difference is not worth the time to queue... now don't bother already, good stock, good price straight away buy up. No good price, don't even bother to bid.

This post has been edited by gark: Feb 25 2013, 06:02 PM

Now NAV calculation automatic one leh, straight away count from end of day data, from computer database. Easy.. no need accountant already...

Based on last transaction.. if you have a bloomberg terminal all these is automatically done... You can search for whatever quoted or not quoted items as long as they are traded...

So accountant still use abacus...?

This post has been edited by gark: Feb 25 2013, 07:07 PM

Post here lar... no need to send out 1 by 1...

sharing is caring mah...

also you 'akauntan', making excel sheet for you 'sap sap water' loh

Can wat.. post as attachment....rename it .pdf or something.. later when download change to .xls

This post has been edited by gark: Feb 28 2013, 05:26 PM