That's the thing with those "thematic" funds, bankers and UT agents are very keen to hard-sell ppl esp inexperienced investors into those funds, usually without proper diversification and portfolio construction. See gold up, everyone buy gold and related investments. Then see IT boom, everyone jump into the bandwagon with all they had on IT stocks. Physical property also same, IMHO just a matter of time before it goes bust.

This post has been edited by Pink Spider: Mar 7 2013, 03:44 PM

Not really a loss until you sell up.

When equities are doing well there is normally less investment in gold which I guess relates to the poor performance of this fund in the past few years.

If you believe in Gold for the long term I'd just wait it out for the long term and top up whilst the price is low if you can afford to wait.

I hope you have other big holdings and diversified your portfolio - at 45K loss you must have invested a fair bit into this fund (lazy to do the calculation ..)

RM45K = 36% of RM125K

125K is a fair amount - but I guess it's all relative to the total of his whole portfolio.

On the bright side - the top 2 holdings

GOLDCORP INC 8.86
BARRICK GOLD 7.50

Seem to have gained 4.1% and 3.65% respectively yesterday

I can't afford to top up anymore. i can wait, but what i afraid is it will drop further

What is PCSF case?


I was a huge mistake to make such a big investment in this.

i was in this case as the banker hard sell to me~ in fact i had been holding this fund since 2010 and that time the gold price really boom quite high...

Public China Select Fund.

Most of the fund holders trapped in this fund because the fund was launched when HSI is at very peak and until today, the fund hasn't reach its initial NAV.

Most of the reasons:

1. PM has no experience in managing China or Hong Kong stocks
2. Wrong timing of launch
3. Poor performance
4. Paranoid of exit by unitholders
5. Impatient unitholders

As of today,

6/3/2013 PUBLIC CHINA SELECT FUND 0.1617 0.0012 0.75%

PCSF still in lost of 35.32% from its initial NAV

This post has been edited by David83: Mar 7 2013, 04:03 PM

Investment gurus say, when everyone (taxi drivers, hotel bellboys, aunties at pasar, apek at kopi shop etc) go excited about something, u should stay away. Because that is when market is overheated.

lesson learned...



So at the moment should i wait?

If I were u, I'd take it as a lesson and go elsewhere where growth potential is more visible. But seriously speaking everything (equities and bonds) look overbought now

Start proper portfolio construction, with the RM80K+ u have left (RM125K-RM45K), u can construct a proper portfolio easily. With a well-constructed portfolio, u can just leave it on autopilot whilst enjoy returns that beats or at least matches EPF.

As I said in the case of PCSF, you have 3 options:

1. Wait for miracle and breakeven
2. Top up to bring down the average unit cost
3. Switch to a better performing fund under same fund house

OSK-UOB Global Equity Yield
OSK-UOB Equity Trust
OSK-UOB Emerging Opportunity Unit Trust

OSK-UOB Emerging Markets Bond
OSK-UOB Income

There u have a well-diversified portfolio

This post has been edited by Pink Spider: Mar 7 2013, 04:17 PM

What % of your Portfolio is this fund?
When do you think you may need access to the money ?

remind me Titanic.

You jump i jump....

When come to business all juz follow the person jump in and invite other to join.

The last one go in will fall frm the peak.

Like UT agent want to sell hardcode fund, the customer will ask did the agent hv the same fund to proof of the agent confident to the fund.

Trust me, even my frienz/relative will ask what stock i/banker/broker bought they want to jump in the same stock.

60% of my portfolio.

Not really need to access the money at the moment.

What shall i do to construct a proper portfolio?

sorry for so many question

Hi Pink or any sifu here....I am going to buy some MY base equity fund..current sorted 4 of them...i wan to choose 2 out of 4, can anyone give ma an advise?

1)Kenanga Growth
2)AMB Dividend Trust
3)Eastspring Equity Income

&

4)OSK UOB kidsave trust

I tot everyone were avoiding malaysia equity d as the GE is near

Everyone seems to have forgotten about GE, the market had risen broadly recently, especially those dividend counters like breweries, tobacco and consumer products

Even my Ping Pong crackers counter also rose 5% in a week

Nope..i m planning after April..or after GE then only go in. Any idea on this 4 fund?

I knew..now into a cash rich situation. And not feeling like wan to buy in any stock after GE yet..that why sourcing for MY fund to buy after april.