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

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SUSPink Spider
post Feb 15 2013, 03:47 PM

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Now my portfolio construction is complete, feels a bit boring cos nothing much to be done already, now I can just leave it on semi-autopilot mode and top up by VCA proportionately every month. tongue.gif

Next week...withdraw some money from CMF and transfer to my stockbroker account...aiming some dividend stocks flex.gif
SUSPink Spider
post Feb 15 2013, 04:49 PM

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QUOTE(David83 @ Feb 15 2013, 03:51 PM)
What are the dividend stocks in your chase list? Mind to share?
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Can...I'm no Warren Buffett, doubt sharing here will make ppl chase the stocks tongue.gif

Guinness Anchor
Hup Seng (maker of the Ping Pong crackers)
Power Root (Tongkat Ali drinks brows.gif ) - dividend yield not really that high currently but rapidly growing, I believe it has the potential to be a dividend player
SUSPink Spider
post Feb 15 2013, 06:44 PM

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QUOTE(Hapeng @ Feb 15 2013, 05:59 PM)
guys I have read and re-read the discussion but i still am not sure what to make of it so I'm just gona ask.

In the View Holdings page, lets say I have Kenanga Growth, the cost is 2500, current value 2469.96. Which means a loss of -30.04 right?
With the new member 1% charge, 2500/1.01 = 2475.25,
so have i made a 30.04 loss or a (2475.25-2469.96) 21.71 loss?

So my question is, does the 2469.96 already reflect the 1% sales charge? and does that mean that everytime you buy a fund you the View Holdings page will show a 1% loss?
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Akauntan Buruk mari tongue.gif

Cost: RM2,500.00

Current valuation of your units: RM2,469.96

With FSM, the (profit)/loss is calculated by COST less VALUE, thus
= RM2,500.00 - RM2,469.96
= RM30.04

You are right, the moment u make a purchase, the Sales Charge is considered a "loss"
SUSPink Spider
post Feb 15 2013, 10:39 PM

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For me personally, for ease of performance review, I actually made it a point to purchase units at NAV + SC, e.g. if I wanna top up RM100 on Fund ABC, I would purchase RM101.75 (SC = 1.75%)
SUSPink Spider
post Feb 15 2013, 10:40 PM

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QUOTE(Hapeng @ Feb 15 2013, 09:18 PM)
based on what master accountant says,
it would be the 1% sales charge + a little loss on the fund ba
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oi apa master akauntan, I'm only an akauntan buruk
SUSPink Spider
post Feb 15 2013, 10:44 PM

Formerly known as Prince_Hamsap
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QUOTE(Hapeng @ Feb 15 2013, 10:40 PM)
ah ic, never thought of that, will do it in the future
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Because the SC is a guaranteed "loss", why not put it out of the picture right away? If u do like me, it's easy to see how much is your net cost of purchase, and any value fluctuation of your holdings would be due to NAV movements, senang kan? icon_idea.gif
SUSPink Spider
post Feb 15 2013, 10:50 PM

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QUOTE(ben3003 @ Feb 15 2013, 10:45 PM)
oh nice way biggrin.gif btw, wat is short duration fixed income fund? any example of it?
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U must be looking at FSM SG tongue.gif

Looking at the fact sheet of their so-called "short duration FI fund", it looks just like our normal bond fund to me. rclxub.gif

To me, an example of long duration bond fund would be AmDynamic Bond, underlying bondholding portfolio of which has average maturity of 6-7 years. "Normal" duration would be like 3-5 years (tips - see AmBond's fact sheet and compare to AmDynamic Bond's). A perfect example of short duration bond fund would be AmIncome Plus (my favourite for parking excess cash which I don't foresee to be needed for at least 3 months biggrin.gif ), which has average duration of 2 years or less i.e. its portfolio of bonds is maturing in 2016 or earlier.

Longer duration portfolio would be more vulnerable to interest rate changes.
SUSPink Spider
post Feb 15 2013, 11:06 PM

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A very good article for all fund investors:

http://www.marketwatch.com/story/how-you-c...15?pagenumber=1

QUOTE
"The typical investor buys funds only after a strong run of good results, thus they are buying high. Their money did not get that positive performance stretch, however; they only get what happens next. If the fund slows or falters, the fund’s performance may still be positive but the investor hasn’t really experienced those gains.

If the investor sells when the fund falters, they not only lock in a loss or poor results, but they also go a bit insane, repeating the process again — buying another fund that has been hot — but expecting different results.

Here’s how to get the performance close to what the fund provides: You must reinvest dividends and distributions and make additional deposits either regularly or when the fund seems undervalued, rather than when it has made the account statement look fat."

SUSPink Spider
post Feb 16 2013, 12:12 AM

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QUOTE(xuzen @ Feb 16 2013, 12:00 AM)
Why nobody consider the zero sales charge PRS leh? That way, you need not have to make any "loss" at all.

It seeks like I am the only one very excited with these zero sales charge PRS in low-yat forum lar...

Personally I am topping up whatever I am putting into KWSP with the same amount into a zero sales charge PRS. I am putting my nest-egg aka retirement fund on steroid.

Xuzen
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KWSP money is already locked up long term with inflexible withdrawal, for me personally I don't want another huge chunk of wealth locked away, I can control my urges not to take out my UT monies unnecessarily to indulge in worldly pleasures.
SUSPink Spider
post Feb 16 2013, 12:52 AM

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QUOTE(ben3003 @ Feb 16 2013, 12:19 AM)
cos i see the theme and keys of 2013 talked about this short term fixed income fund lol.. then wat will happen at maturity date?
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When got bond maturing, the Fund Manager will look for new bonds to buy.
SUSPink Spider
post Feb 16 2013, 01:44 PM

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QUOTE(ilineZ @ Feb 16 2013, 01:37 PM)
fuphhff....finally i finish all the 100pages..
smore got another fund investment forum..
but at least i did my homework although its way far from perfect

i was in the same building with FSM,
pretty curious what business they run,
the employee r young2 ppl
bunch of them going lunch tgther..
after few years..now i know!

i just registering new account with them
and ask bunch of question, replied by jennifer.

brace urself... i will dump all the noob question here
hope u welcome me to the crowd! smile.gif
*
Why not walk into their office and ask whatever questions u want?brows.gif
SUSPink Spider
post Feb 16 2013, 01:57 PM

Formerly known as Prince_Hamsap
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QUOTE(xuzen @ Feb 16 2013, 01:52 PM)
Once upon a time I had an epiphany from some wise financial coach; he is an insurance agent... a very senior and experienced Group Agency Manager from GE.

He asked the attendees, why KWSP is only 23% of our salary but it remain to be the biggest chunk of our net worth?

He asked us, what happenned to the 77%?

The take home message is; force saving works. Force saving with zero sales charge and very low or zero annual management fee lagi work.

Xuzen
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But sometimes its not wants, but necessities.

Just take an example, I've been living in my parents' house since birth, I'm the only child hence even if marry also will stay with my dad (mum is gone), no need to buy another house. Then one day something happen that made the house no longer liveable, BLR has gone very high thus I would like to pay more for house downpayment, but all my cash are invested and locked away...
SUSPink Spider
post Feb 16 2013, 03:22 PM

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CMF gives liquidity, withdrawal just takes 2 working days and interest is accrued DAILY thumbup.gif

2.95% for daily maturity placement, I'd say very very competitive indeed. Even UOBMoney Market Deposit which my company use also 2.84% only for daily placement.
SUSPink Spider
post Feb 16 2013, 10:07 PM

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QUOTE(s_kates81 @ Feb 16 2013, 09:58 PM)
Can you name a shariah compliant CMF which gives 2.95 % daily placement?
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Come on, CMF invests SOLELY in fixed deposits with banks, that also u want a Shariah-compliant fund? doh.gif
SUSPink Spider
post Feb 16 2013, 10:08 PM

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QUOTE(bios @ Feb 16 2013, 09:59 PM)
i am currently looking into investment of bond in an attempt to diversify my portfolio. I am interested particularly in Ambond and RHB Bond. I have realized the following points:

AMBond
-Annual returns 2.27-6.47% (2006-2012)
-Has quite significant amount of holdings in overseas particularly Korea (Industrial Bank of Korea, Korea Development Bank, Export Import of Korea Bank which made up 14% of its holding) and the rest are in Malaysia like Celcom Transmission and Government of Malaysia

RHB Bond
-Annual returns -11.35 - 11.44% (2006-2012)
-Most of the holdings are situated in Malaysia (MAJU Expressway, CIMB, RHB, Kimanis Power, Projek Lebuhraya Usahasama Bhd)

What is your opinion as regards to the choices that i have selected? or do you all have any other choices?  Too bad. i missed the chance to buy in AmDynamic Bond.
Thanks again.
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Both are pure MYR bond funds, those "overseas holdings" u see in its fact sheets are actually bonds issued by foreign entities in Malaysia, i.e. they're all Ringgit-denominated bonds.
SUSPink Spider
post Feb 17 2013, 12:44 PM

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QUOTE(ilineZ @ Feb 16 2013, 10:31 PM)
is there any recomended index UT in FSM?
anybody jump into it? so far so good?
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Might as well buy ETF from Bursa ... doh.gif
SUSPink Spider
post Feb 17 2013, 02:51 PM

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QUOTE(Kaka23 @ Feb 17 2013, 02:50 PM)
Lets have a great investment year in this SNAKE year!!
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My IRR has risen to 6.11% thumbup.gif
SUSPink Spider
post Feb 17 2013, 02:57 PM

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QUOTE(Kaka23 @ Feb 17 2013, 02:53 PM)
My IRR hovering at 4.97%, still slightly lower from 31-Dec-12 IRR at 5.04%. I am recording my IRR quarterly in a table..
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Aiks, why I never thought of that. I only show my current IRR, I did not keep record of historical IRR. doh.gif

I only keep record of cumulative amount invested and accumulated profits as at every month-end.

Key drivers of portfolio performance year-to-date are global funds with significant exposure to US and Europe and (u guessed it) Hwang AQF tongue.gif
SUSPink Spider
post Feb 17 2013, 03:35 PM

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QUOTE(Kaka23 @ Feb 17 2013, 03:30 PM)
Wow.. that is real good!
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Election goodies brows.gif
SUSPink Spider
post Feb 17 2013, 06:41 PM

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QUOTE(ben3003 @ Feb 17 2013, 06:34 PM)
dividend 6.15% means the total amount in ur acc times 6.15% is the amount u get? is this considered as per annum return? sorry last year is my 1st year working haha..
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Its time-weighted, e.g. RM100 contributed in December will get 6.15% x 1/12

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