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 Fundsupermart - Invest Globally and Profitably, Discussion on investment through FSM

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SUSPink Spider
post Feb 13 2013, 10:28 AM

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QUOTE(ben3003 @ Feb 13 2013, 10:25 AM)
oh ok.. i seriously hope i can really resist spending and save up 2k per month to invest lol.. yeah cos starting is like i only got 1-2k now, i only can enter 2 funds, so i have to decide which kind of fund to go into 1st, maybe i shud try 1 bond+1 equity 1st. then next month only add another 2.
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DUMP ALL YOUR EXCESS MONEY IN CASH MANAGEMENT FUND 1ST thumbup.gif
SUSPink Spider
post Feb 13 2013, 10:38 AM

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QUOTE(ben3003 @ Feb 13 2013, 10:36 AM)
wat is cash management fund? ><
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u obviously haven't fully explore FSM website grumble.gif

http://www.fundsupermart.com.my/main/fundi...number=MYOSKCMF
http://www.fundsupermart.com.my/main/faq/faq.svdo?id=9718
SUSPink Spider
post Feb 13 2013, 10:44 AM

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QUOTE(ben3003 @ Feb 13 2013, 10:42 AM)
sorry biggrin.gif i only looking at equity fund and bond lol.. not so pro yet.. slow slow lai biggrin.gif But if i wanna invest my 1-2k monthly, that can consider excessive money? I tot excessive money is like i got 2k, i invest liao 1.5k, then 500 dunno wat to do lol.. but why not i put all 2k into my portfolio?
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This is what I do:
- every month after budgeting for cash needs for the month, I dump ALL excess cash in Cash Management Fund
- all purchases of funds be it bond or equity are paid by Cash Management Fund

Now go study what is CMF from the links provided...I won't entertain further "basic" questions on it. tongue.gif

This post has been edited by Pink Spider: Feb 13 2013, 10:45 AM
SUSPink Spider
post Feb 13 2013, 11:54 AM

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QUOTE(birdman13200 @ Feb 13 2013, 11:52 AM)
Just bought OSK-UOB Emerging Market Bond. Planning on Hwang Asia Quantum since hv 1% sales charge promotion this month, but their asset have 26% allocation on Malaysia, make me worry about upcoming GE. Pinky, in ur opinion, is there worth to save 1% sc on GE risk (26% of the fund). I dun know should I wait for GE or go with the promotion.
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I'd say leave the market timing to the Fund Manager, they'll kaotim the entry/exit timing for u. HwangIM is managing the downside risks of this fund fairly well. wink.gif
SUSPink Spider
post Feb 13 2013, 01:31 PM

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QUOTE(ben3003 @ Feb 13 2013, 12:02 PM)
wat u mean by entry/exit timing? Means i just invest the fund and let the fund manager to manage it for us? Then what are the criteria to choose a fund then.. it looks like it boils down to how good the fund manager is at timing the market..
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Yes, let the FM manage for u, that's the reason why we chose unit trusts in the first place. nod.gif

This post has been edited by Pink Spider: Feb 13 2013, 01:32 PM
SUSPink Spider
post Feb 13 2013, 01:33 PM

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QUOTE(wongmunkeong @ Feb 13 2013, 01:09 PM)
Deleted - blind old rat didn't see "Income Fund" earlier tongue.gif
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Gong xi fa cai, blind old rat, ang pow mari laugh.gif

This post has been edited by Pink Spider: Feb 13 2013, 01:33 PM
SUSPink Spider
post Feb 13 2013, 01:37 PM

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QUOTE(jerrymax @ Feb 13 2013, 12:52 PM)
I took advise of building portfolio first. Anyway, feedbacks are greatly appreciated. rclxub.gif

user posted image

Region allocation:
Asia Pacific in Japan - 15%
Asia Pacific ex Japan - 25%
Emerging Market - 15%
BRIC - 15% 
Australia - 20%
Malaysia - 10%
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u wanna invest in a country-specific fund, namely Australian equity fund? Saving for children's Australian degree? laugh.gif

And BRIC fund? EM fund would have already covered BRIC. With that, your effective exposure to EM would be 30%, u aware of that, right?

U picking a portfolio of region-specific funds, u need to do the regional balancing on your own. Make sure u are ready for that. icon_idea.gif

Btw, no exposure to US and Europe hmm.gif
Bear in mind, the biggest MNCs are based in US...u are losing out on exposure to companies like Microsoft, HP, Pfizer, General Motors etc unsure.gif

This post has been edited by Pink Spider: Feb 13 2013, 01:39 PM
SUSPink Spider
post Feb 13 2013, 02:45 PM

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QUOTE(s_kates81 @ Feb 13 2013, 02:30 PM)
Can't thank you enough for such a comprehensive reply. Yeah you guess it right, i am a newbie and starting from zero. So I'll go with these funds as per your suggestion

One global sukuk/bond fund (30%) -
AmDynamic Sukuk (a new fund, hence not much historical data to do comparison and evaluation)

One pure MYR sukuk/bond fund (40%) -
AmBon Islam (nothing exciting, but it gets the job done. Well, as someone said, let your equity funds deliver the adrenaline rush tongue.gif )

One Malaysian equity fund (10%) -
Kenanga Syariah Growth (keep minimal allocation to this until the General Election risk is resolved)

One global equity fund ( 20%)
Pacific Dana Dividen
*
caveat emptor sweat.gif

Wait, I'm not selling anything to you, it's all free advice which u shall take at your own risk hence caveat emptor does not apply tongue.gif

At risk of offending, seriously consider to pick non-Shariah compliant funds, u are missing out on a lot of good funds out there. If I'm not mistaken, Islamic laws do not explicitly forbid Muslims from investing in non-Shariah compliant businesses, it's just a non-binding directive. Heck, EPF invests in non-halal businesses (tobacco companies and breweries) too, right? tongue.gif

This post has been edited by Pink Spider: Feb 13 2013, 02:47 PM
SUSPink Spider
post Feb 13 2013, 03:02 PM

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QUOTE(wongmunkeong @ Feb 13 2013, 02:52 PM)
» Click to show Spoiler - click again to hide... «

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Wong Seafood,

A small little suggestion from puny Pinky...

Why not deploy technical analysis/charting/whatever on a fund's benchmark movement as opposed to its NAV movement as entry trigger?

Reason why I have this idea is simple, let's take an example of FBMKLCI dropping 20% but Fund ABC only dropping 5% due to the FM making the correct decision to liquidate investments and raise cash right before the crash. Applying your technique, the 5% drop won't trigger a BUY. But Malaysian equities had dropped 20% yo...Fund ABC with its cash rich position, would be in a great position to grab some stocks at a discount...and unitholders should top up at this juncture!

Discuss blush.gif

This post has been edited by Pink Spider: Feb 13 2013, 03:04 PM
SUSPink Spider
post Feb 13 2013, 03:14 PM

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QUOTE(xuzen @ Feb 13 2013, 03:09 PM)
Further to add to your explaination, a Std-Dev of 6% actually means that there is 2/3 chance of the return falling between 4% to 16%.

More confused? Good! That is why you need to engage licensed financial planner aka financial guru to guide you. Wink wink

Xuzen
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I slept during maths class when the teacher taught algebra, equation or anything that has x y and z in the formula rclxub.gif
SUSPink Spider
post Feb 13 2013, 03:19 PM

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QUOTE(xuzen @ Feb 13 2013, 03:17 PM)
A good fund manager should have mitigated the downside risk in the fund management unlike some stupid fund manager cough cough PCSF %#^#€!

It is the job the fund manager to do the timing in and out, your role as unit holder is to make sure you do regular dollar cost averaging to fulfil your financial objective. Yes, it is boring, it isn't pretty, but it gets the job done.

Want excitenent? Go Genting Highland fot those excitement.

Xuzen
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u should direct that to Wong Seafood, not me. I'm doing VCA on my portfolio mad.gif
SUSPink Spider
post Feb 13 2013, 04:24 PM

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QUOTE(wongmunkeong @ Feb 13 2013, 04:19 PM)
heheh - who says i don't track indices ar? i just didn't show only mar tongue.gif
KLSE, STI, Hang Seng Shanghai All Ordinaries, Bovespa, Micex, S&P500

ooo... scary, U reading me mind...  OR geniuses think alike OR fools flock together sweat.gif
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Wong Seafood u too flattering me notworthy.gif
SUSPink Spider
post Feb 13 2013, 05:21 PM

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Why u people all don't wanna look at funds with US and Europe exposure doh.gif

US and Europe may be in a bad fiscal shape, but the companies (read - MNCs) listed in those markets are in good shape, and their business spans worldwide...

This post has been edited by Pink Spider: Feb 13 2013, 05:22 PM
SUSPink Spider
post Feb 13 2013, 09:38 PM

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QUOTE(jerrymax @ Feb 13 2013, 08:29 PM)
I'm not sure which fund is categorized for US/Europe as there are only 2 funds that I manage to search by geographical sectors.

OSK-UOB US Focus Equity Fund
RHB - GS US Equity Fund
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No, need not go for a US-specific fund, there are global equity funds out there with exposure to US and Europe -

Pacific Global Stars
Alliance Global Equities
OSK-UOB Global Equity
RHB Global Fortune
Eastspring Investments Global Leaders
SUSPink Spider
post Feb 13 2013, 09:51 PM

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QUOTE(s_kates81 @ Feb 13 2013, 06:17 PM)
Finally I made my first investment. Below are the funds I purchased
AmBon Islam
AmDynamic Sukuk
Eastspring Investments Asia Pacific Shariah Equity Fund
Kenanga Syariah Growth Fund

Now what's the ideal scenario about topping up? should I topup everymonth? if yes, then at which ratio? or should I top up whenever I have a big lumpsum amount?
*
There are no sure answer to your question.

1stly, have u determined the portfolio structure that u want? 80/20? 75/25? Or 50/50? The ratio for topping up will be determined by the the portfolio structure that u decided to adopt.

Go study and get a feel for yourself how a portfolio is constructed:
https://www.fundsupermart.com.my/main/inves...ntportfolio.tpl?

But I think FSM Singapore's Recommended Portfolios section is more useful than FSM Malaysia's, due to the fact that FSMM adopts "lump-sum-and-rebalance" approach whereas FSMS adopts "lump-sum-and-topup-every month" approach:
https://secure.fundsupermart.com/main/inves...ntportfolio.tpl?

Now, do your homework wink.gif
SUSPink Spider
post Feb 14 2013, 10:18 AM

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QUOTE(ben3003 @ Feb 14 2013, 08:37 AM)
i wanna ask, the recommended portfolio, why aggresive have more loss than others? i dont know how they actually calculated.
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That's why I said FSM MY Recommended Portfolios are not useful to track, better to track FSM SG's. Cos FSM MY's do 1 lump sum RM20,000 and then rebalance, FSM SG's do monthly topup of $1,000.
SUSPink Spider
post Feb 14 2013, 10:40 AM

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QUOTE(jerrymax @ Feb 14 2013, 10:32 AM)
Yeah.. SG FSM more interactive. They do monthly top up of 1K on selected funds. Perhaps one day go find their CIS to see what fund is good to invest, utilizing SGD  smile.gif
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U can get an idea of where to topup on (bond? equity? asian equity or global equity?) from FSM SG's Recommended Portfolio updates icon_idea.gif
SUSPink Spider
post Feb 14 2013, 02:02 PM

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QUOTE(birdman13200 @ Feb 14 2013, 01:56 PM)
Recently I am reading the news of the potential sales of HwangDBS Investment Bank, does it hv any relation to Hwang Investment Management Berhad (fund house for FSM)??
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My company also changed hands 2-3 times in the past few years, yet no changes in management and business. HwangIM is doing well, if u are the acquirer, would u wanna mess with its operations that are doing well? biggrin.gif
SUSPink Spider
post Feb 14 2013, 02:16 PM

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QUOTE(birdman13200 @ Feb 14 2013, 02:08 PM)
I am just worry the acquisition is the change of boss or merging into their current business, which will make HwangIM disappear from market?
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"The foreign investment bank is said to be Goldman Sachs, while the potential buyers are said to be AMMB Holdings, Affin Holdings and K&N Kenanga"

Read more: Hwang-DBS shares up on 'sale' news http://www.btimes.com.my/Current_News/BTIM.../#ixzz2KqpbERpQ

* AMMB = AmBank Group
SUSPink Spider
post Feb 15 2013, 12:10 AM

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2012 was all about the Fiscal Cliff

What for 2013? Sino-Japanese war? biggrin.gif

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