Oh I forgot to add, what is a couple of percentage less, when after death the believers get to spend an eternity with 72 virgins.

p/s Their holy book never mention what sort of virgin

This post has been edited by xuzen: Aug 12 2016, 10:57 PM

This is purely speculative and show your ignorant about shariah finance. The shariah operator will want to separate the funds at arms length, because they want to keep their money clean from defilement element such as money that comes from haran activities, such as, gambling, liquor business, interest bearing money instruments etc.

Xuzen

I neither believe nor disbelieve. I choose to remain impartial.

Without irrefutable evidence, this is plainly kopitiam talk. If got irrefutable evidence, then the whistle-blower should be talking to MACC, not at LYN forum.

My above original post is to inform that the Syariah Finance's theory, that is the funds cannot co-mingle with non-halal source. It "contaminate: the halalness. A proper operator would ensure that the two funds does not co-mingle. If the operator does not, either willfully or through negligence then it is between him / her and his / her GOD!

Xuzen

wise men say worry not those you are not in control of, lest you not get good sleep.

wise men say worry those that you are in control so that you may change it and get a good sleep.

Xuzen

This post has been edited by xuzen: Sep 13 2016, 09:09 AM

Hard or not is subjective.

But if one were to participate as an unit-holder into one of these UTF for the past ten years, his money would have grown minimally 7.88% per annum to a maximum of 17.16% per annum.

Xuzen

This post has been edited by xuzen: Oct 3 2016, 11:38 AM


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Not long ago, the current KWSP CEO Sharil said that the dividend rate will be benchmarked as Kadar Inflasi + 2%.

Recently, our government announced that the current national inflation is 2%.

So, based on the above, we expect the Dividend yield to be 2+2 = 4% Bersyukurlah! At least we are not being given dedak!

Xuzen

This post has been edited by xuzen: Oct 21 2016, 11:26 AM

Based on the chart supplied by Plumberly,

the chart shows the revenue in 2016 has dropped to the level similar to 2012. If we look back at 2013 dividend rate, which is 6.35% and factoring an early election, the KWSP dividend rate for 2016 should be between 6.00 to 6.50%.

My guess is as such.

Xuzen

Speaking of Aust property; for retail investors, you can access it through AM Asia-Pac Ex Japan Reits fund which has 20% exposure to Australia REITS.

If you belong to HNWI category, KAF Australia Islamic Property UTF (shariah compliance feeder fund structure) that has a 95% exposure to Australia property market (direct exposure, not REITs).

Xuzen

when one ask a question that was already answered three posts earlier, it makes that person look really really st00p1d not observant.

Xuzen

This post has been edited by xuzen: Jan 17 2017, 06:15 PM

But but but it is like only three post above only wor...... not like three pages ago!

Xuzen

Blessing or curse? It is all perception.

Friend Hansel, haven't you read in the media? Graduates are now dime a dozen and a high percentage are either unemployed or receiving wages that does not comensurate with their paper qualification.

I am inclined to think that graduates and universities understudies are highly over-rated.

I am now thinking of alternative education pathway for my offspring even though I am a product of the local university pathway. Yup I went the full monty.... SPM ===> STPM ===> local Uni ===> work (salariiman).

Xuzen.

This post has been edited by xuzen: Jan 29 2017, 11:59 PM

How come like this wan? Mine made money around 8% p.a. Is it because you are with Pub1c Mutu4l Berhad?

Xuzen

I log into KWSP ahli i-akaun today and checked.

Si peh beh song ar! Wanna kaw peh kaw bu liao. No mood liao lar! Feels like want to scold the whole darn village alry!

Luckily got my Selina fund to comfort me....

Xuzen

This post has been edited by xuzen: Feb 19 2017, 09:56 AM

Uncle / Auntie / Dato / Datin / Tan Sri / Puan Sri,

Why you so easy to please wan? Tunjuklah sikit muka masam sikit, kasi itu KWSP botak punya CEO know we as customers of KWSP want MOAR!

Xuzen

Korang Malaysia nih, banyak bertuah... rezeki pun manyak.

Tahun baru bos / syarikat kasi bonus.

Kerajaan KWSP pun bagi bonus dividen.

My prediction is 6.75%.

Last year was 6.25% and it was a lousy year. This year KWSP has been harping on how much their investment made etc etc... so it should be 6.75% lah!

Xuzen

Kasi syiok sendiri only lor!

Last year my KWSP-MIS port ROI is double digit thanks to foreign exposure but long term CAGR is close to 9% p.a. [ five year old port ].

Kasi syiok sendiri my KWSP - MIS port is bettter than KWSP lor.

Xuzen

I made a quick comparison to check / verify your statement.

Gold ETF [ using SPDR Gold ETF as proxy ] made a annualized return of 3.32% p.a. over the last three years.

While I checked Mutual Fund and definitely more than a handful beat Gold performance in the same period. The top performer is 25% p.a. [ United Japan Fund ] for the past three years. Whereas there are 450 Mutual Funds that return above 3.32% p.a. over the past three year on.

450 Mutual Funds is definitely more than a handful.

Xuzen

p/s I use FSM SG's data.

This post has been edited by xuzen: Jan 24 2018, 02:54 PM

If I do, will you later say... try 30 years? 60 years? 100 years?

3 years = 252 x 3 = 756 observation points.

NB: 252 trading days per year.

Google Central Limit Theorem. In lay person speak, It states that given a large data set, the mean becomes stable and very close to the population mean.

In lagi layman's / kopitiam apek talk : CLT states that if you have 3 years / 5 years / 10 years, your mean is not going to chance significant.

Hence for active management, 3 years is just nice... not too long that the old data comes in to make the analysis obsolete and not too short to make your analysis short term fire - fighting style, in another word, it is in the Goddilock range.

Xuzen

This post has been edited by xuzen: Jan 24 2018, 03:13 PM