2nd week into the slide since 14-Aug... my ASEAN funds purchased in March, now diving below -8%, after breaking even on 14-Aug.

Too late to get out now... markets taking another deeper dive today... Indo 3%, Sin 1.7%, BKK 1.7%, KL nearly 1%.

Selling opportunity has come and gone. Buying opportunity begins...

Cheers, happy hunting.

PS. Fired some shots 3 days in a row... as usual, the random shots hit target, but target still moving.

correction: that should be minus 8%. other percentages are negatives too.

=================
update:
JKSE -3.7% , now below 4000... on its way to 3800?
STI -1.6%
SET -2.6%
KLCI -1.2%, 1701 nearly breaking through the 1700 floor (which it briefly did after lunch).

=================
Another major dip next month? Got to save some resources to throw into the ring...


This post has been edited by j.passing.by: Aug 27 2013, 05:36 PM

1000 units, if not mistaken, as that is the minimal units needed in a switch.

If you are just starting new, better to think long term (more than 2 or 3 years) and plan only on "buy, buy, buy". Then you don't have to worry about market timing and switching.

Because if you think and feel there is a need to 'switch' out of the purchased, then you have over-bought and had bought too much at any one time.

Cheers.

Thanks for the info, actually I'm holding smallcap and PDSF for 2 years plus. Should i switch or just keep them? SI was terminated due to inactive account for 6 months consecutively.

Checked already. Still Public SmallCap is more performing that Public Focus Select Fund.

I'll remain my SmallCap then.

I see the similarity in both of you; veterans in UT and yet with noob questions. Take no offense, please... just some kidding.

What do you guys want to do? Only you yourselves would know better.

SmallCap, Dividend Select, and Focus Select... they are all local funds, and local funds are the strength of Public Mutual.

It is good that you have already have them for a couple of years, and the entrance cost (service charge) already been paid back by the recent gains. So maybe keep them till you really, really need the money; redeem them then.

In the meantime, continue investing if you want to. Keeping to what was workable for you so far - local & moderate funds.

If the fund is closed and cannot re-invest or cannot add more to it, then do the next best thing, try a similar local fund. Check the full EPF list posted today, and maybe try a fund in a different category for a bit of diversity.

Cheers. All the best of luck in your horse selection!

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

PS. If having a new fund which needs an initial RM1000 is too much, then yes, doing a switch from an old fund first and then do 'top-up' with minimal RM100 is a viable option. Only thing to consider is whether it is worthwhile to pay the extra RM25 switching fee.

I have just checked within PMO. Those funds which I switched fully switched out, and with zero balances are still open for selection in "Additional Investment". I can still top it up with minimal RM100... this of course can't be done with a closed fund like SmallCap...

My IRR for PFSF is 16%, invested since 2005.

Very nice indeed.. did any switching for this? Or just buy few times and stay put?

Got nice 66% dividend in the period before 2008. Did some switching after 2008, and now bring it down from 20% of portfolio to 10% for portfolio rebalancing. If just count period since Feb 2012, only get 9.5% IRR.

This post has been edited by kimyee73: Aug 28 2013, 12:23 PM

What is your rebalancing criteria?

Paiseh ah.. actually I don't have any. I never did any rebalancing or DCA/VCA before and only learnt this when I join the FSM thread in LYN. Now only I reviewed by portfolio and did the balancing, DCA and VCA. I'm allocating max of 10% for each fund that I have and allocate 30% for fixed income, before that 100% in equity. I think I mentioned this before in FSM thread.

Is that true, did u actually invest RM100 and try? My only concern how is the minimum unit requirement, the unit purchased from RM100 might be fail to fulfil that.

Of course I did not go through all the steps till the 'transfer of funds from savings account', but it should be possible. Don't confuse switching of units with "Initial Investment" and "Additional Investment" which are in ringgit amounts.

The PMO system do not delete the account numbers with zero balance. Once an account number is allotted to an investor's fund, it remains there even the balance is zero. I have switched in and out of countless funds, and all those accounts with zero balance are still there.

For example, if you look at MakNok's list, he have FULLY switched in and out of a money market fund. The system do not make a new account number each time he switched in, but kept and uses back the old number.

Cheers.

Fund Account with ZERO units will remains in the system for 7 years. Once after 7 years, it will be removed.

"2nd week into the slide since 14-Aug... my ASEAN funds purchased in March, now diving below -8%, after breaking even on 14-Aug.

Too late to get out now..."

It is never too late! Yup, have changed my mind after reviewing the whole portfolio today.

Made some switches on those funds which are more than 90 days. Stay safe in the RM25 hotel... while waiting for fresh leads on what to do next.

It was blood on the streets during lunch, all markets at negative one and below; and Manila was at -5% (was -4% yesterday). Thank goodness, the losses were trimmed by closing time. Indo made a remarkable turnaround and was up 1.4%. Manila managed to trim the fall to -3%.

Yeah, the reaction to switch out was late for a couple of the switches. 2 other just passed the 90-days mark. Had to abide by own policy of holding-more-than-90-days rule... self discipline and training. LOL.

Otherwise, will be trading in and out like no tomorrow; which went a bit out of control last year.

Cheers. No hunting for the time being! Staying put till mid-September.

Haha... Now both equities and fixed income are getting a beating, dropping and dropping..

Just received notice
Additional units in PBond via dividend

Public China Select Mutual fund is a shit fund, until now still no dividend.

Distribution in UT has no meaning, just left to right pocket. End of the day, you see you have more units but nav value drop.

If you have been following this thread since V1, most members have switched out PCSF. This fund has not been performing from the time it launched until now.

It has not being performing since I bought it from 2009 year. Si beh Geng My agent. real tai lan gong. Planning to withdraw it soon.