just a good read for you to decide
As Sir John Templeton aptly says, "History shows that time, not timing, is the key to investment success. Therefore, the best time to buy stocks is when you have money." So long as it's well managed unit trusts invested in markets that have strong fundamentals (see our Overall Market Summary and Earnings Growth Forecast), whether in China equities or Emerging Market bonds or other asset classes in other geographical markets, our message is to stay invested and to keep on investing. That said, investors can mitigate investment risk by practising diversification, and also by investing bit by bit regularly via a regular savings plan.
http://www.fundsupermart.com.my/main/resea...?articleNo=3100

Well, if the fund is going to be fully subscribed, it will be fully closed anyway. So before it is fully subscribed, partially closing it gives some priority to investors with fixed regular investing plans.

If I'm not mistaken, a closed fund is still open to investors with DDI plans. Too bad, if the agent did not gave his/her client advance notice and the proper advice.

(There was a post about its pending closure 2-3 weeks ago... check the past pages...)

You cannot do DDI with EPF... if an investor is using the "always pot black" strategy of going in a bond fund before switching regularly to the equity fund or regularly investing directly into the fund every 3 months, so it is good that the fund is still open to investors using the EPF option.

As for PISEF, another equivalent fund in the same asset/benchmark category, EMAS Shariah Index (FBMS), is Public Islamic Equity Fund.

since PISEF was closed for investment.. any suggestion for other fund?

i have owned PISEF, PFEPRF and PIDF for cash,
as for EPF, I owned PIOGF and PIEF..

R u target for shariah based fund only? as most of your current fund is under Islamic category.

No, my option open to any fund. Especially those with good k-sharpe ratio.
I am not an agent, only normal investor..

Did what you had just done last year... everything was "doom and gloom", and was completely lost on what to do next, so cut lost, did a retreat and bunker down... live to fight another day!

The main question is WHEN to get back into battle. I don't think everyone will have the same opinion on the exact moment, the best feng shui time to make the audacious move... so what I did was to take baby steps and tenderly test where the land mines are hidden. Maybe you're different and have the patient to wait and do a coup de grace in one major assault.

As to what vehicles and weapons to employ, the EPF money cannot buy imports. Only made-in-Malaysia ones. Oh, you already knew this... and most likely a lot of other stuff too, since I was not aware that Flitch would unexpectedly made the downgrade before this year's budget... sorry for the long winded post.

But with the ringgit down, it would be more expensive now than several months ago, to buy foreign imports.

Cheers.

PS. Maybe you could get more specify opinions if there is something more specify to discuss.

Ok, some good fund in my research, PFSF, PIADF, PBADF,
just my opinion, do study urself before decide.

thanks mate

PISEF, PFEPRF & PIDF are all good fund. Keep them.

For your EPF ones, you may keep PIOGF, dump PIEF by switching it to PIDF.

PIOGF and PISEF are small cap, hence you won't get much diversification. PIDF are into divvies, hence it can lower your volatility hence improving your portfolio sharpe ratio. Makes you a happy man/woman.

Xuzen

JPB,

There will never be a good time to go in. Market is highly unpredictable and it is a waste of time to use your time and resources to time the market. Professional investors have long abandon the concept of timing the market. They has given that mantle to dubious charlatans, snake oil sellers and used car sellers.

The best way is select funds that has good risk adjusted performance (e.g. Above average Sharpe ratio) and DCA consistently and diligently. You may use Morning Star table as a reference. They are quite good.

Live well and prosper.
===============================

I just came back from a fund-manager briefing and no it is not from Public Mutual but from lesser know fund house.

Some take home message:

i) Underweight Malaysian equities (read not avoid, but reduce it esp index linked due to expensive valuation). However, I think M'sia mid to small cap deserve some exposure.

ii) Overweight Asia-Pac equities (aka increase your allocation here)

iii) Overweight US equities slowly but watch out for US Treasury news come Mid -Sep for clearer pricture on QE stoppage and other economic data.

iv) Overweight China and Japan equities. There are no fund that specifically target Japan share, but if you enter Global fund, you should get some exposure from it.

v) Underweight bonds in general.

vi) Keep some (around 10 to 15%) in money market because OPR will be forecasted to rise.

Live well and prosper.

Xuzen.

thanks mate. but PIEF had help me to gain RM800++ for the last 3-4 yrs from my little investment of rm1481........

and also PFSF, PIADF and PBADF are on my radar rite now


I never knew Unit Trust rely so heavily on statistic + finance mathematics method with those k-sharpe, M2 ratio, which i heard from you on earlier post. since I am Economics (majoring econometrics) guy, i think i am getting more interested in anaylising Unit fund. Really looking forward to digging deeper on this subject!!1

Woo, so u will easily become an expert when u dip deeper, since u hv a good basic of economics.

BTW PISEF is BIG CAP not SmallCap (Shariah Fund) n_n

[quote=birdman13200,Aug 12 2013, 08:50 PM]Woo, so u will easily become an expert when u dip deeper, since u hv a good basic of economics.

[/quote

This post has been edited by alex4843: Aug 12 2013, 09:06 PM

Xuzen,

hehe, it's not easy giving advice/suggestions on a forum, as we can only assume where the other party is coming from, or heading to... it can also be contradictory at times; it's confusing having DDI plans or DCA advice on one hand, and on the other hand giving advices on what market to overweight/underweight.

What market to overweight/underweight this month or next month is market timing too.

Without knowing where the other party is coming from or heading to... even a simple DCA method could have various meanings to him/her, for example regularly invest everyday, every week, ever fortnight... or regularly top up whenever it dip below a certain NAV price.

This is a true example, not out of thin air... as earlier in the year, I believed I have had done enough DCA by switching into an equity fund (using low-load bond units) every week for 2 months. Then 3 months later, another round of DCA, switching almost every day for a period of 2 weeks. (Is it good or bad? Only I would know since nobody except me have the whole picture/story/reason behind the action. )

Cheers.

================

Anyone knows why there were price updates for the PB ASEAN Divi fund and PSEASF last week when the Indonesian market was closed for the entire week? These 2 funds no longer holding substantial Indonesian stocks?

Thanks in advance.

Thanks for the sharing, appreciate. Maybe need to wait till UMNU election... then ugly things would all surfaced out at once and a big correction (or true reflection).. then go in sapu gao-gao by EPF...

To not let the govn have a free hand on my money in EPF. Beside that, trying to beat EPF dividend return. Since PM is the largest UT firm since years ago, a natural choice to invest in. I also think PM is the best fund house for EPF investment even with the 3% fee. It has around 20 funds approved for EPF, especially useful for switching between equity and fixed income.

Sigh, yeah.... sorry to confuse you mate. My post #1435 is meant to be read in two parts. First part was in direct answer to your question.

Second part was just for the purpose of disseminating info about what I heard from a fund manager.

Sorry to confuse you.

Xuzen

Wah lau.. my DCA usually last for 6 months...

Any specific date when you do DCA?