Hi Sifus, I need your recommendation, at the moment I hold these funds in equal percentages i.e. 25% each of my portfolio i.e. 25 x4 = 100 %

Eastspring Investments Asia Pacific Shariah Equity Fund
Kenanga Syariah Growth Fund
Pheim Asia Ex-Japan Islamic
AmOasis Global Islamic Equity

I am also thinking to buy Hwang Aiiman Fund and then evenly distribute i.e. 20% x5 = 100 % .

Is it a good idea? Or do you recommend a better approach of putting more weight in some funds and less weight in some funds instead of going equally in all?

Portfolio investing, remember?

My EI GEM already got exposure to banks in Emerging Asia region,
Pacific Global Stars got exposure to Asian banks and also sin stocks (it have/used to have exposure in Genting Singapore, BAT etc),
OSK-UOB GEY also got exposure to sin stocks
Hwang AQ is more of a small cap fund

I find that my exposure to Australia is fairly low (Rio Tinto, BHP Billiton). Not keen on Australia-specific fund. EI AP Shariah has significant AUS allocation.

I never said Shariah funds generally post lower return, I just said no exposure to sin stocks which generally offer good dividend yields.

This post has been edited by Pink Spider: Mar 9 2013, 02:36 PM

That fund has been underperforming...why u did not pick the new Aberdeen Islamic World Equity?

Hwang Aiiman and Kenanga Syariah both also 100% Malaysian equity, why u wanna "buy 2 guns of the same type"?

As for weighting for different funds, maybe it's also a good idea to start with equal weighting, then as u gain more experience, u will know better on how to weigh them appropriately to construct a well-balanced portfolio.

This post has been edited by Pink Spider: Mar 9 2013, 02:40 PM

I didn't pick Aberdeen global islamic since it was just launched last month, and I saw it's performance over a month which is degarding. Isn't it a better idea to wait for sometime to see how it goes? And there aren't any other much choices in global islamic equity funds on FSM

About having Hwang Aiiman, I saw it's performance has also been pretty good over the years, so that's why considered buying it, but you can recommend some other countrie's equity fund to me which is suitable ? The problem is that there aren't many choices in shariah compliant funds that's why feels hands are a bit tied down.

1. U don't judge a fund over its 1-month performance
2. Told you already, its managed by the same team managing Aberdeen Global Opportunities which is available on FSM Singapore, only difference being the Malaysian fund cannot invest in sin stocks and financials.
3. U don't need to have that many funds, UT investing is unlike stock investing where u need at least 10 stocks to diversify adequately.

Aberdeen Global Opportunities is a great fund...

Don't know if the Malaysian version will have similar stocks... need to wait for the first factsheet..

This post has been edited by gark: Mar 9 2013, 03:29 PM

Eh pakcik, aku ingat kau tak minat global equity funds? ETF mar...

Wahlau call me pakcik.. i still young lor...

Although have ETF also can see fund right?

So what do you suggest then? Just my 4 funds are enough and i keep increasing the weights equally on them instead of buying more funds? Should I try Aberdeen Islamic Global?

Since u have already bought and incurred the Sales Charges, might as well keep it and monitor how it performs.

IMHO, for the "core" u only need
1 Malaysian
1 Asia ex-Japan
1 Global

then if u wish u can supplement with
1 Asia ex-Japan small cap (and Pheim Asia ex-Japan u took )
1 Global Emerging Markets like CIMB Islamic Global Emerging Markets

U don't go buy a Honda Accord when u already have a Toyota Camry.
If u got extra cash, go buy an MPV, a sports Coupe or maybe even a Harley Davidson

This post has been edited by Pink Spider: Mar 9 2013, 03:45 PM

if you have unit trusts and stocks in your portfolio, how do you do the asset allocation?

let's say your ideal asset allocation is 70% equity and 30% bond, for the equity portion, do you count the equity funds in UT + stocks = 70%?

Up to personal preference I'd say.

For me, yes I count both. Planning to have 25% of my investment assets in local stocks. My preference is 50/50, that's why the equity portion in my UT is only 33.3%+/-.

(33.3% x 75%) + 25% = 25% + 25% = 50%

so your asset allocation is 50% equity and 50% bond/fixed income?

Yes. But I've not fully deployed my quota for local stocks, the money is sitting there at the brokerage trust account.

Well said, Pink Spider.

Sifus, any ideas about HWANG PRS GROWTH FUND??

Anyone invested in Indonesian? Lately the performance is good.

I am interested in thailand though for longer term...

Pink, is Hwang Global Financial Institutions Fund available at FSM? Couldn't such that fund. Or is it only limited time subscription?

Don't simply jump into the bandwagon because it's on the up course.

Well, the horse still got some fuel to move forward according to FSM article.

If you bought an ASEAN fund, that will be covered but Thailand is not a star country and there's no Thailand single country fund.

I noticed there're Singapore and Indonesian single country fund.