Write back of impaired investments.

Sorry I used an accounting/finance term

Let me put it in simple language...

RHB decides that ABC Bond may be irrecoverable becos ABC may be bankrupt or having cash flow problem
RHB will write off ABC Bond
Subsequently situation at ABC changed, RHB may write back the value of ABC Bond

haha...

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Added on December 16, 2012, 7:11 pmNext week do you guys thing Asian market will fall a bit?

RHB is the fund manager for RHB Islamic Bond Fund
They bought dunno what bond, and that bond was impaired due to doubts over its recoverability (the company which issue the bond had cash flow issues if I'm not mistaken)

I was never interested in that fund, why would I remember the details

FSM did a write-up on that fund before to explain the drop of NAV back then
So, the recent spike in NAV should be writeback of the impaired bond it held

tips - look for a bond fund with massive drop of NAV

gamble on it

Hehe.. need some diversification bro..

Ya.. too much overweight on bond now. This is due to previous AmDynamic closing, so I dump more into it..

it was TRACOMA bond. i was hit hard that time, sold them away when it was about breaking even (earn some)..and now, it's recovered..    talking bout twice bitten 

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Added on December 16, 2012, 11:14 pm

i'm too on bond, 100% .. most weight age on PBIBF (public bank islamic bond fund)..DDI/month. yeah, yield's dropping..but oh well..

Bro.. not sure what you mean by more aggresive?!!

AmDynamic not much good news, hhaha.. yield has been dropping. But still alot better than FD.

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...

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

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 *

Kesimpulannya - jangan terbawa-bawa dengan emosi pasaran saham dunia

I still think my 70% bond 30% equity portfolio too conservative
Want to increase equity allocation but hard to push myself do it with the market keep going up and up and up
Portfolio IRR now: 5.3%

Sell for what? Every month when salary is paid I got additional ammo. Too much ammo put aside is wasteful

PRS.....good idea?

Hi Aoisky.
Take a peek @ http://forum.lowyat.net/topic/2498000/+460#entry57048773
and the previous "versions" V3 and V2.
I think i posted a "how to" in V3 (the previous version).

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Added on December 25, 2012, 9:01 pm
Oh.. heheh  my bad.

er.. what's the diff between former & later ar?
One is $ from UT, one is $ from REITs - both assumed to be same size & returns %. 

Err, my question is not strictly REITs vs UTs, but cREITs/dividend-yielding equities vs UT investing

The former option will have u dumping all your excess cash into equities and enjoying life on the dividend cheques

The latter will have u letting your portfolio grow while u enjoy the excess cash (incomes less expenses and financial commitments) u have monthly

BAT, GAB, Maxis, PBB etc are all dividend-yielding equities, but they are not REITs

Axis, Hektar, UOAREIT etc are BOTH REITs and equities

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Added on December 25, 2012, 10:24 pm

No, got A BIT difference.

If u let your UT portfolio profits accumulate and spend your excess cash, your portfolio may experience negative growth due to market losses

If u invest your excess cash and spend your dividend cheques, u are spending your investment returns.

No difference?

I meant Axis REIT

ok let me clarify with an example...

(1)
u already have a large RM100,000 UT portfolio, portfolio IRR about 5% so annually it grows RM5,000 i.e. RM417 per month
your monthly salary - expenses - financial commitments = RM400
so, u spend your RM400. let your UT portfolio grow i.e. stop topping up

(2)
u have equity investments of RM100,000. the equity portfolio is yielding about 5%
your monthly salary - expenses - financial commitments = RM400
so, every month u dump the RM400 into your sharebroking trust account, every quarter/half-yearly u will buy more shares to top up
when u receive your dividend cheque(s) totalling RM5,000 (let's just say), u spend it

understand the difference?

of course not 100% comparable

so, I'm asking, which u prefer

spend ur excess cash and let your portfolio roll, or
spend your investment returns and invest your excess cash