Makan bubur this year if depending on bond/sukuk fund to give returns. The income distributions by these funds will 'eat' into the principal amount (eg. its current value is less than its invested amount)... alright to those investors who need these annual distributions for "regular income", but to investors in the accumulation stage, it is advisable to hold more equities.

There is no guarantee in unit trusts even in bonds or sukuks. The closes thing to FD would be the money-market funds which is just below FD rate at about 2.8%.

A fixed income can also refer as any fund that has annual income distribution policy stated in its prospectus. A good example of a fixed income fund is Public Bond Fund, which is closed. Some equities, like PDSF, also has annual distribution policy.

The 'fixed income' refer by Xuzen in the Equity/Bond ratio would refer to money-market/bonds/sukuk funds... as these funds might not necessary provide a fixed stable income as it used to be (as proven in the sharp drop in bond funds recently) but will not drop much in value when compare to equity funds in an adverse market.

Try holding 100% in equities when you are already past the accumulation stage...