The very reason u mentioned is the reason putting me off this fund

Among Asia Ex-Japan markets, Malaysian shares have one of the highest PE valuation at the moment. And recent corporate earnings do not seem to be too rosy...

Since Kenanga Growth Fund is not under my radar now, I'm planning for AmDynamic Bond Fund after its dividend date on 12 & 13 March 2012.

What you guys think of this little strategy?

david, buying before or after dividend makes no diff..

remember dividend = passing money from left to right hand (in this case..non taxable)

This post has been edited by kucingfight: Mar 1 2012, 10:32 PM

You're correct but after dividend, the NAV will drop.

and dividend is reinvested= units increased . aka NO difference..

before dividend, 'high price' 'less units' = after dividend 'low price' 'more units' ...aka same.
don be fooled by dividend..no such things as free money

Dividend in UT is TOTALLY different to dividend in shares

Yea it's purely left hand go right hand, zero effect

OK. How about other funds to recommend beside the aforementioned two?

Refer to FSM's "Recommended Funds" and "Recommended Portfolios"

Alliance Global Equities Fund also have been a solid performer, but it's a lot more riskier. 2/3 in growing Asian markets, 1/3 in US, UK, Germany, France & Japan.

Eastspring Investments (Formerly Prudential) Asia Pacific Shariah Equity also a solid performer. Asia Ex-Japan equity fund.

I have 75% of my Public Mutual portfolio for Asian market. Not really interested with offshore funds.

In that case, u can't go wrong with AmDynamic Bond and Kenanga Growth

My personal favourite has been Hwang Select Income Fund, invested since 2008, and topping up from time to time, my holdings have increased (NAV-to-NAV) by 22% to-date.
This fund won a prize during the recent Lipper awards yo

I'm aware of Hwang Select Income Fund from the other thread. Too bad that it's not available in FSM.

In that case u might wanna consider this
http://www.fundsupermart.com.my/main/fundi...number=MYPMFPSI

Categorized by Lipper as "MYR Mixed Assets-Conservative"

I think u can expect better than EPF returns at a fairly low volatility from this.

david, maybe you should access which type of portfolio/risks/exposure suits u best.

i for one, only aimed for local based funds, as i'm more confident of local market movement. as i feel our local fund managers aren't exposed well to foreign funds( or maybe i'm just to conservative )

Pink Spider on the other hand, has a mixture of local, asia pac ex japan, n global

there's no specific right/wrong choices, it all depends on individual.

Probably, just target a few 'good' UT. eg, kenanga syariah growth, growth . No point of having too many funds concentrating on the same exposure.

@ Pink spider, how much is service charge for Hwang Select Income?

This post has been edited by kucingfight: Mar 1 2012, 11:56 PM

kucing, better after dividedns. can safe the tax n other fees. (if any)

bro, since we were discussing on bonds, there are no tax incurred

U mean sales charge?

The closest comparison to HSI in FSM is OSK-UOB KidSave Trust

Lower sales charge: KT@2% vs HSI@3%
Lower management fee: HSI@1.2% p.a. vs KT@1.5% p.a.

I only buy those foreign exposure funds with a feeder fund structure, e.g. Alliance GEF feeds into Fullerton Fund managed in Singapore

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Added on March 2, 2012, 12:07 amTax is deducted at 25% if I'm not mistaken, which is the highest tax rate. How many of us has that tax rate for our personal income? You're gonna get tax refund/deduction if u include that divvy in your tax computation.

2 sen from a "P lesen" akauntan

This post has been edited by Pink Spider: Mar 2 2012, 12:07 AM

Bought AmDynamic Bond today.

Paid using CIMBClicks but not sure if the payment is received or clear.

After logged to CIMBClicks via FSM website and completed the transaction, nothing popped out and the previous is not refreshed or updated.

Not sure if the payment is captured in FSM website. From Transaction History, it shows Pending status and payment method is cheque.

First timer and a little worried.

Not worry, I think they will send you email tomorrow

did they acknowledge u with payment receipt? should be fine la

They will only update in your FSM transaction history after they check and confirm the funds is cleared.

FYI, "Pending" means already in processing
If it shows a click-able icon of "Pay Now" after 1-2 working days, then only u should be worried