Thanks Dave

Intra switching with FSM is free

Only last week I switched out all my holdings in Eastspring Investments Global Leaders MY Fund, which invests in global "leading" companies and overweight US and Japan. The fund has been underperforming for a few years already, and the expense ratio has been quite high. Bad timing, turns out that US equities still got some upside to go.

Half went to Eastspring Investments GEM Fund and half to Eastspring Investments Equity Income Fund (a Malaysia dividend fund, one of the better equity fund, losing out only to Kenanga Growth, AMB Dividend, Hwang Select Dividend and Hwang Select Opportunity).

Aiming Pacific Global Stars Fund next to boost up my global equities exposure.

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Added on November 26, 2012, 4:28 pmShanghai and Hang Seng indexes has been strong lately.

This post has been edited by Pink Spider: Nov 26 2012, 04:28 PM

AFAIK, under FSM, only OSK-UOB charges switching fee, the rest are all free. Please go FSM website to find out more details.

I got no China fund, but I got a GEM equities fund which has heavy exposure to HK/China.

For long-term growth, yes I do think that now is quite a good time to start accumulating funds investing in China. But Hang Seng index has been strong lately, so u have to find out whether the fund(s) invest in China stocks listed in HK, or Shanghai-listed stocks.

KLCI still on downtrend even though Asian markets are going strong. No wonder many say that KLCI is a rigged market.

If it drops below 1,600, I might be topping up on my Malaysian dividend fund.

Malaysian equities has always been seen as a relative "safe haven", guess the reason for the recent selling pressure must be because investors are going "risk-on", selling Malaysian equities to move to riskier markets.

1. Large domestic institutional investor participation (EPF, PNB, LTAT etc)
2. Relatively high dividend yield

Which fund? Kenanga Growth?

Last nite weaknessat US and Europe, I have a feeling today it will breach the 1,600 resistance

1,603 now

Dah lah panggil u diversify...Emerging Markets Bond, Global Equity, Asia Ex-Japan Equity

AmAsia Pacific REITs doing well, no?
OSK-UOB EM Bond Fund also giving me IRR 7-8% p.a.

Hwang Asia Quantum Fund IRR is in double digits territory

This will help:

http://office.microsoft.com/en-us/excel-he...P005209341.aspx

Invested since 2008, my IRR (after including 3% SC) = 10.6%

Very low volatility
A fund for all seasons.

Let's use an example...

01-Jan-12 invest RM500

Assuming SC of 2%, u will be getting only RM490.20 worth of units. But for the purpose of calculating IRR, I'd prefer to use CASH FLOWS, in this case I'd use RM500 instead of RM490.20. Thus, our IRR calculation would be on cash flows basis, which will be very different to the Fund Fact Sheet returns. Understand?

07-Feb-12 invest RM300
08-May-12 invest RM400
14-Sep-12 invest RM250
27-Nov-12 value: RM1,567

A B
1 01-Jan-12 -RM500
2 07-Feb-12 -RM300
3 08-May-12 -RM400
4 14-Sep-12 -RM250
5 27-Nov-12 RM1,567

=XIRR(Value Range,Date Range)
=XIRR(B1:B5,A1:A5)
=12.25%

When u invest, it's a cash OUTFLOW, thus negative value.

Just put the dates of purchase in 1 column, with the amounts in next column. Value and date of valuation on the same columns but lowest row within the range.

Got it?

This post has been edited by Pink Spider: Nov 28 2012, 11:46 PM

If u include the cash holdings, Select Opportunity Fund can never hold >30% in offshore investments, as it is EPF-approved. As most of us should know, EPF-approved funds can invest offshore up to 30% only.

Asia Quantum is a small-mid cap equity fund, and HwangIM has proven itself as an able stock-picker.

Steady lar...even if it really did dropped 1%, will u have to sell your home and pawn your car because of it?

Investing is for long-term...u are not trading...

What goes up must come down, and vice versa

Looking at the historical distribution trend, unlikely to be the case.

AmDynamic Bond August 6, 2012 August 6, 2012 0.020005 Dividend Payout
AmDynamic Bond March 12, 2012 March 12, 2012 0.020009 Dividend Payout
AmDynamic Bond August 1, 2011 August 19, 2011 0.020052 Dividend Payout
AmDynamic Bond February 16, 2011 March 7, 2011 0.020031 Dividend Payout
AmDynamic Bond August 3, 2010 - 0.02 Dividend Payout
AmDynamic Bond January 12, 2010 - 0.02 Dividend Payout
AmDynamic Bond July 16, 2009 - 0.040021 Dividend Payout
AmDynamic Bond August 20, 2008 - 0.02 Dividend Payout
AmDynamic Bond February 20, 2008 - 0.02 Dividend Payout
AmDynamic Bond August 17, 2007 - 0.02 Dividend Payout
AmDynamic Bond February 22, 2007 - 0.02 Dividend Payout
AmDynamic Bond July 11, 2006 - 0.02 Dividend Payout
AmDynamic Bond February 8, 2006 - 0.02 Dividend Payout
AmDynamic Bond July 28, 2005 - 0.04 Dividend Payout

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Added on December 1, 2012, 5:54 pmAmIncome Plus, a short-dated bond fund also kena, but just by 0.06%. AmIncome Plus rarely drops, there must be something happening in the bond market.

This post has been edited by Pink Spider: Dec 1 2012, 05:54 PM

Mine from 5% dropped to 4.67% because of that drop

Let's see how my other bond fund, OSK-UOB Income Fund fares when its 30-Nov-12 NAV is published tomorrow. Then we'll be able to see whether its the bond market or just AmInvestment's holdings.