Private Investment Funds in US do pretty well too.

U mean hedge funds? Need to be accredited investor.. minimum 1 mil USD. Sinkapor also got...

Well if they can really perform, then money is not an issue to you.

Madoff also run a hedge fund...

m'sia dont hv ..gark and sky gor can open fund company at m'sia.

Well, I can perform up to Pasar Malam Level, whereas Gark is at International Standard.

There is a big diff to manage a small pool of fund vs a huge pool of money.

I do my own screening.

sikit sikit lama lama jadi bukit. What th concern small and huge pool.

Even a rat can take down huge elephant.

what main info important?
Asset Class
General
Geographical Allocation
Historical Dividend,NAV

1) Decide on asset allocation - how much for bond? how much for equity?
2) Decide on region allocation
3) Review list of funds available for each class of fund

I look at:
- Sharpe ratio
- Lipper rating
- Historical performance compared against BENCHMARK and PEERS; absolute performance is meaningless IMHO, I want to see relative performance
(how it behaves in a rally? how well it hold up in a market freefall?)

Dividends distributions and NAV are irrelevant for reasons mentioned at Post #1 and I'm not gonna repeat here.

This post has been edited by Pink Spider: Apr 13 2013, 09:39 PM

Let's take OSK-UOB SMART BALANCED FUND VS AMBALANCED.

OUSBF has lower risk-adjusted return, (meaning can't hold up well in rally market?) and more volatile (larger NAV price swing) compared to AmBalanced.

Furthermore, OUSBF generates lesser returns by 1.2% compared to Ambalanced and it is not worth to invest in OUSBF due to higher volatilty. Conclusion, go for Ambalanced?


P.S Learning process, tutorial on saturday night about unit trust


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Risk-adjusted returns/Sharpe ratio basically tells u about whether the risks the fund took has been worthwhile. In layman terms, if u increase your risk by 10%, basically u should have additional potential gains of 10% of more. That's the theory behind it. If u wanna know the detailed formula and calculation, please Wiki or google it.

Actually its quite logical, OUSMF has significant exposure in small-mid cap, whereas AmBalanced is a conventional balanced fund.

Lower risk-adjusted return does not necessarily mean it can't hold up well in a rally...wait, u typo error ka?
It can mean the fund in a rally goes up, but when the market falls it could not hold up, falls more than market.
It can also mean when market drops it can hold up, but when market rallies it lags behind.

This post has been edited by Pink Spider: Apr 13 2013, 10:59 PM

No need to think so much. Buy money market fund, guaranteed satisfaction.

recommend ur favourite boss

It maybe their pay distribution..

This post has been edited by ajip702: Apr 14 2013, 02:18 AM

I am back.. Mia last week..

Anybody going to top up or buy for the 5 star region promotion which will end comming Friday?

I topped up 1 day before their promotion. Need wait next month hehe.

P.s asia pac ex jap and emerging market still undervalue? Consider to focus both areas more


This post has been edited by jerrymax: Apr 14 2013, 07:43 PM

I'm still considering Hwang AQF

I'm topping up AmAsia Pac REITs, EI AP Shariah, EI GEM, Hwang AQ, OSK-UOB EM Bond, OSK-UOB Global Equity Yield and Pacific Global Stars next week...under Transfer-In programme

This post has been edited by Pink Spider: Apr 14 2013, 08:06 PM

Ya.. Asia ex japan and global emerging market still consider cheap. They said china is more cheap..