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

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wodenus
post Aug 4 2012, 11:54 AM

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QUOTE(David83 @ Jul 25 2012, 11:21 PM)
If you're keep on losing money in a particular shares, you still want to hold it? I believe there's must be a stop loss point.

Share a bad experience that I had with shares. I bought a penny stock at nearly peak price 2 to 3 year. Being hold it till recent months when the price rebounced back to the previous peak in 3 years ago. Sold it and make a profit of nearly 50 to 60. Am I stupid or what?
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You weren't stupid, just lucky smile.gif and as always it's the dollar amount, not the percentage that counts. You can make 60% on a Rm100 investment, but it's still only Rm60. If you make 1% on a 1mil investment, it's Rm10,000 smile.gif so do you want to make 60% or 1%? smile.gif


Added on August 4, 2012, 11:58 am
QUOTE(Pink Spider @ Aug 3 2012, 04:59 PM)
I only drink at kedai kopi with old apeks laugh.gif
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I only drink at home, nothing beats making your own coffee. You can make it how you want, and drink it how and where you want, you can be wearing shorts and no shirt, and when you are finished you don't have to get up and go anywhere smile.gif

All that, and it's actually cheaper smile.gif


Added on August 5, 2012, 3:53 pm
QUOTE(Pink Spider @ Aug 4 2012, 11:49 AM)
1st - Hwang Global Propety Fund
- fully switched out to Hwang SIF when US subprime collapse

2nd - Hwang Global Financial Institutions Fund
- at one point I was down -20%++ doh.gif
- held on cos selling before maturity on 2013 will incur withdrawal fees
- now +6% sweat.gif

3rd - Hwang Select Income Fund
- annualised return since 2008: 8% thumbup.gif
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Are those figures ex-service charge? or net service charge?


This post has been edited by wodenus: Aug 5 2012, 03:53 PM
wodenus
post Aug 6 2012, 04:28 PM

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QUOTE(Pink Spider @ Aug 6 2012, 10:19 AM)
Net lar...

total invested - value of investment = profit/loss
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It's this one http://hwangim.com/products/view/28 right?

What about management fees? and custodian fees? I'm trying to figure out the actual performance of all your funds, net of management fees, switching fees, management fees etc.

1. How many years were you on Hwang Global Property Fund? you lost 15% when you switched out correct? does that include switching fees and annual management fees?

2. How many years are you on Hwang Global Financial Institutions Fund? are you still in?

3. Hwang Select Income Fund, is 8% p.a. net of management fees, since 2008?


I'm trying to figure out the actual performance of your capital smile.gif or if you have already done it, what is your net performance of your capital (that is, your equity balance) if you were to withdraw it all now?


wodenus
post Aug 7 2012, 11:48 PM

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One thing you quickly realize about unit trusts, is that you can't really lose money long term. Am I right? is there a fund that's actually been losing money for years?

This post has been edited by wodenus: Aug 7 2012, 11:52 PM
wodenus
post Aug 7 2012, 11:53 PM

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QUOTE(Pink Spider @ Aug 7 2012, 11:50 PM)
Why u reply to a >6 months old post doh.gif


Didn't see the date tongue.gif


This post has been edited by wodenus: Aug 7 2012, 11:57 PM
wodenus
post Aug 10 2012, 06:28 PM

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QUOTE(David83 @ Aug 10 2012, 12:30 PM)
Distribution of 2 cents was declared for financial year ends on 31st July.
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FSM doesn't have the details of that, last one is around 0.02 in March.

wodenus
post Aug 10 2012, 06:42 PM

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QUOTE(Pink Spider @ Aug 10 2012, 06:38 PM)
Got lar...

Announcement Date - Fund - Gross Divvy Rate - Ex-Date
16-Jul-2012 AmDynamic Bond RM 0.02 per unit 06-Aug-2012

Here:
http://www.fundsupermart.com.my/main/fundi...nouncement.svdo
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Well that is odd.. go to the factsheet for that fund, and click on "historical dividend". It's not there...? tongue.gif

Also, how do you find that page, assuming you didn't know it existed? and why have they not updated the factsheet? it was almost three weeks ago tongue.gif



This post has been edited by wodenus: Aug 10 2012, 06:44 PM
wodenus
post Aug 10 2012, 06:45 PM

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QUOTE(Pink Spider @ Aug 10 2012, 06:44 PM)
cos it is not paid/credited yet icon_rolleyes.gif
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Edited : I have a lot to learn, it just seems weird to me for a company to take 20 days to credit a dividend, when a bank can credit interest in one day. Never know why that is tongue.gif


This post has been edited by wodenus: Aug 10 2012, 06:52 PM
wodenus
post Aug 10 2012, 06:55 PM

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QUOTE(Pink Spider @ Aug 10 2012, 06:49 PM)
Declare is one thing
Ex-distribution is another thing
Payment is another thing

Please understand the difference between those 3
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It's so weird.. for some funds they take 20 days to credit you, other funds, they credit you and then inform you three days later smile.gif



wodenus
post Aug 14 2012, 09:28 AM

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QUOTE(David83 @ Aug 13 2012, 11:51 PM)
Up to 4 working days.

If you want faster, load some cash into the Cash Management Fund.
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Is it faster if you use the Cash Management Fund?


Added on August 14, 2012, 9:29 am
QUOTE(Pink Spider @ Aug 13 2012, 11:58 PM)
What u mean by "so many days"? hmm.gif

If u buy using cheque, they will only process upon clearance of the cheque
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Third-party transfer also T+4, but you will get the transacted day's price smile.gif


This post has been edited by wodenus: Aug 14 2012, 09:29 AM
wodenus
post Aug 19 2012, 08:15 PM

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QUOTE(alexkos @ Aug 19 2012, 10:02 AM)
I had already initiated a transaction requiring my lumpsum to be invested in a unit trust. The transaction is now approved and currenty the fund performs at -1% profit or RM30.

Given the fact that lumpsum investment strategy is not feasible especially when FBM KLCI is likely to reach its peak before the next recession, should I withdraw the fund now and switch it to dollar cost averaging approach?

If yes, will I be charged? Please help me to calculate its Sales charge. I'm currently holding Kenanga Growth and OSK/UOB Emerging Market Bond.

Aiseh....pro English....  blush.gif
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Sales charge is stated in the info page. For KGF and UOB- EM it's 2%, but new account holders get everything at 1% for a month, so it should be 1%. The sales charge is already included in the calculation when you bought it (you will get 1% less units than you should if there's no charge.)

If you want to know how much it will cost to withdraw (redeem), you should look at "Redemption Charge". Normally funds don't charge for withdrawals.
wodenus
post Aug 21 2012, 04:00 AM

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QUOTE(izzudrecoba @ Aug 19 2012, 11:19 AM)
If an insider like Soros starts moving his entire financial portfolio into gold, it suggests a very serious market move is set to happen soon ~_~

http://www.infowars.com/report-soros-unloa...illion-in-gold/
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So he doesn't like financials, it doesn't mean the world is going to end if he sells financials, it just means the financial sector is not going to be doing well anytime soon smile.gif

wodenus
post Aug 22 2012, 10:03 PM

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QUOTE(izzudrecoba @ Aug 22 2012, 09:51 PM)
In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according to a 13-F report filed with the SEC for the quarter ending June 30, 2012 – and bought $130 million dollars worth of gold via the SPDR Gold Trust (GLD).

Soros, who manages funds through various accounts in the U.S. and the Cayman Islands, has unloaded over one million shares of stock in financial companies and banks that include Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares). The total value of the stock sales amounts to nearly $50 million.

What’s equally as interesting as his sale of major financials is where Soros has shifted his money. At the same time he was selling bank stocks, he was acquiring some 884,000 shares (approx. $130 million) of Gold via the SPDR Gold Trust.

If there’s anyone with an inside track of where things are headed next, it’s Soros, [so it begs the question, "What's up?"]
Soros, who has written extensively of a coming global paradigm shift in his book The Crash of 2008 and What It Means, calling the current economic and political model ”an end of an era,” has recently suggested that:

- the financial and economic situation across the world is so serious that Europe could soon descend into chaos and conflict,
- the world is entering “one of the most dangerous periods in modern history”, and
- violent riots in America and a brutal clamp-down by the government will dramatically curtail civil liberties in the near future.

This is an individual who not only:
-predicted the collapse of 2008,
-took action to insulate himself, and
-proposed the various fixes that governments in Europe and the US would eventually implement in order to stave off a deflationary depression.

In his above mentioned book he:
-suggested that central banks infuse the system with massive amounts of monetary expansion, but also
-warned that not injecting enough money would simply extend the onset of deflation and printing too much could lead to hyperinflationary currency collapse.

Based on recent activity in Soros’ US held accounts, it seems that governments and central banks have failed at those efforts to stabilize the system. As such, Soros is getting out of those companies which are most at risk should the financial system buckle like it did in 2008 and he’s shifting his assets into what may be the only asset class left standing when it’s all said and done – gold.

http://www.munknee.com/2012/08/soros-selli...-more-gold-too/
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Crash of 2008 lasted about two years... and then the market (well the local market anyway) rebounded. If there's another crash, well and good then, it's a good time to buy in smile.gif


This post has been edited by wodenus: Aug 23 2012, 11:35 AM
wodenus
post Aug 26 2012, 03:14 PM

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QUOTE(ckinsg @ Aug 26 2012, 10:33 AM)
so i if buy unit trust thru fundsupermart, where is our investment going in? Under fundsupermart or respective fund house?
Do i get monthly statement or anual statement? Is the statement issued by fundsupermart or directly from the fund house?
Pls advise. Thx.
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They have a FAQ, it might be a good idea to read it smile.gif

wodenus
post Aug 31 2012, 09:06 PM

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(deleted.)


This post has been edited by wodenus: Aug 31 2012, 09:15 PM
wodenus
post Sep 9 2012, 11:23 AM

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QUOTE(moon yuen @ Sep 9 2012, 03:49 AM)
fundsupermart, which CHINA FUND OUTPERFORM ??
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Yea they keep saying it will outperform lol, dunno in our lifetime or not smile.gif


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