you see the risk rating (equity 5 - 10) meanwhile (bond 1-5). you see the YTD% equity can reach 2 digit and of course - 2 digit as well, bond mostly 1 digit but hardly fell below -

FSM did an article before in their magazine, and showed that the best portfolio is a balanced portfolio

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Added on December 17, 2012, 7:40 amaoisky, u need to learn more on UTs and bond funds...

This post has been edited by Pink Spider: Dec 17 2012, 07:40 AM

Kenanga Investment Bank merged with Libra IB

RHB IB merged with OSK IB

what does it means by merge...?

sorry, should say one bought over the other

Combination of two companies in the form of merger or taken over, such as offering stockholders of one company in the acquiring company in exchange for the surrender of their stock.
It also in other words when merger occurs, it have different definition such as bankruptcy, but cannot declare bankruptcy because it will cause panic among citizens and trust to the government.
Thus, banks cannot declare bankruptcy but only by merger and acquisition.

Eg, Washington Mutual bankruptcy and taken over by JP Morgan Chase.

http://www.investopedia.com/terms/m/merger.asp#ixzz2FJ7MqIdh

Ya that is why i am here seek for experience investor knowledge and opinion.

This post has been edited by aoisky: Dec 17 2012, 10:36 PM

Asean equity market will be going down soon? Quite relevant with those comment by FSM.. focus on Emerging market & North Asia, Taiwan, China, North Korea & HK market..

http://biz.sinchew.com.my/node/68423?tid=6

Soli soli...south korea...always think of nuclear boom d..

I dont think asean is going down. If asean is going down, those north asia will be dragged down too.

Anyone here still exposed to local fund heavily? Mine is about 10% on public smallcap though. Not so sure which sector has the opportunity.

I think it might go down in the sense of equity market valuation. Economically, I don't think ASEAN will see a major downturn.

I am heavy on MY equities. Need some time to diversify..

why ? based on what ?



This post has been edited by aoisky: Dec 18 2012, 09:13 PM

No people can predict this..will or not depend on various factor. Pink just trying to give his opinion. For me I guess more or less will giving an impact as its fund manager to decide where to put the money in. *Disclaimer: Just my opinion *

This post has been edited by wayne84: Dec 18 2012, 09:45 PM

of course we wouldn't know how the market will goes, all just based on opinion and prediction. i'm just curious only because pink active in UT that is why i'm asking may be he has internal news or some insider informer i don't know just ask

This post has been edited by aoisky: Dec 18 2012, 10:08 PM

If I got insider news I won't be investing in UT already, I'd be playing shares or better still, "goreng" options

It's all about relative valuations, valuation of ASEAN equities relative to the rest of Asia Ex-Japan is quite high at the moment. By valuation, I mean P/E ratio. FSM got a lot of articles on this topic. Not only FSM, others have also been highlighting the fact that the "excitement" about ASEAN equities (other than Singapore equities, perhaps) could be over.

Take for example Malaysian equities vs HK equities, P/E of M shares is around 15 times if I'm not mistaken, whereas HK ones are in the low teens. Common sense would tell you that HK have the better companies and growth potential than M ones.

Just my 1 sen worth of opinion.

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Added on December 18, 2012, 10:39 pmHow to diversify now? Asia Ex-Japan esp HK and SG equities keep going up and up and up

My opinion - preserve ammo

As for myself, I need more US and Europe exposure. Waiting for the possible crash should Congress fail to agree on "Cliff" measures

This post has been edited by Pink Spider: Dec 18 2012, 10:39 PM

Please help.
This is a question of management fee with regards to a feeder fund.

CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity is a feeder fund. It has Management fee of 1.5% and Trustee fee of 0.04%

The master fund is CIMB-Principal Asia Pacific Dynamic Income Fund (ie Target Fund). It has Management fee of 1.8% and Trustee fee of 0.08%

"As this Feeder Fund will invest in units of the Target Fund, there are management fee and other fees incurred by this Fund. There is no double charging of annual management fee. The annual management fee charged by the Target Fund will be paid out of the Management Fee charged by the PRS Provider at the Fund level. Other fees that are not waived by the Target Fund will be also paid at the Fund level.
Members should also note that there will be higher fees arising from the layered investment structure of the Fund."

What does this paragraph mean? Is the REAL management fee for the feeder fund 1.5% or 1.8%?

The "real" fee is 1.8%

See this, a fund will rarely be 100% invested, usually a fund will maintain some cash buffer to meet redemptions. Let's assume cash buffer of 10%, with 90% of its invested NAV invested in the Target Fund.

(10% x 1.5%) + (90% x 1.8%) = 1.62%

I.e. the fund charges investors AMF of 1.5% on the 10% cash holding, while investors incur 1.8% on the 90% invested with the Target Fund. The calculation is roughly like above.

Bro.. preserve until when lei ammo?