You top up whatever funds got hit, I'll buy those two since I don't have them yet

FSM global funds:
Eastspring Investments Global Leaders
OSK-UOB Global Equity Yield
Pacific Global Stars
Alliance Global Equities
CIMB-Principal Global Titans
Aberdeen Islamic World Equity
AmOasis Global Islamic Equity

What makes u choose them? Let's discuss and share...

I'm looking at the 3-yr Volatility and Sharpe ratio. They are about the same on volatility but sharpe ratio signifcantly higher. Not sure if the numbers are correct but here what I got from FSM

OSK-UOB Global Equity Yield - 10.99 - 0.17
Pacific Global Stars - 9.66 - 0.11
Alliance Global Equities - 10.87 - 0.47
CIMB-Principal Global Titans - 11.57 - 0.24

Also FSM has switched half of their global fund from PGS to Global Titans for their recommended balanced portfolio.

This post has been edited by kimyee73: Mar 20 2013, 04:48 PM

I knew it

The numbers have changed significantly from the past few months due to the strong rally in US and Europe. Pacific GSF used to be 2nd highest after Alliance GEF, 3rd was OUGEY followed by CIMB-Principal GT.

When downturn, Alliance GE would be the one hit hardest due to its investing style which remain invested most of the times, it has the worst "Preservation" Lipper rating amongst the four.

thanks pinky got my answer

Asia Pacific ex Japan funds dropped considerably in last few days. Any specific reason for that?

Cyprus problem.

I have different opinion. I would look for how well a fund can recover after a downturn. If you look at 3 years chart, all the 4 funds tracked pretty closely with Alliance perfoming the best when it can withstand the selloff in Nov'12 while the rest of funds are recovering from it. This is post recession. If you look at 5-years chart, Pacific performed the best and recovered ahead of others, Alliance and CIMB about the same while OSK did not really recover from it. Base on this chart, I would avoid OSK-UOB and go with either Pacific, Alliance and/or CIMB. BTW, I have both Pacific and OSK and plan to keep only Pacific and buy into Alliance and CIMB. If you look at how their NAV moves for the past few years, it track the stock market pretty well. I would expect the NAV to drop significantly around May-July timeframe and rise again in couple of month. If you perform VCA well, you should be able to get pretty good IRR over 5-10 years period. I look back at my PM funds, I did get 16% IRR for PFSF and PISSF, 13% for PISEF and 12% for PIEF and PIDF and I did not really perform VCA but DCA quarterly as allowed by EPF. So IRR more than 10% is achievable, just how well you can take the risk. It might not be for everyone. I know many would freak out when they have just 10% drawdown.

Very well said

My Hwang Global Financial Institutions were down -25% at one point

This post has been edited by Pink Spider: Mar 21 2013, 08:22 AM

What is your acceptable % of downturn before withdrawal of fund. Understand that osk-uob gold n general fund still dropping and investors still keeping it, hoping for breakeven.

I'll personally make a stop loss at 20%

Sharpe ratio and fund ranking can reverse in a matter of years. IMHO, just go for a fund with decent rating and whose investing style/mandate complements your portfolio.

This post has been edited by Pink Spider: Mar 21 2013, 10:09 AM

anybody ever exercise the 6 days cool off period?
how it works?
do they give you back the sales charge deducted?
since its 6days, how they count? is it from the first day when you place the order, or T+4 (once you see your fund shows up in ur account) then only start the 6 days from there

Read the prospectus.

How come Cyprus problem results in Asia Pacific ex Japan funds to drop? Cyprus is in Europe, not in Asia Pacific I guess?

Please, it's a globalization issue.

When Cyprus has problem, it'll threaten the Eurozone banking system and policy sending discomfort into Eurozone confidence.

Any news that threaten banking confidence will have ripple effect on other regional markets?

Do you think that Asia Pacific ex Japan region is isolated (by observing MSCI Asia indices) when US has bad news on their economy or banking system? The answer is no because every economy is inter-connected and inter-related.

When China said that they'll stop to buy US debts, do you think US market will be still continuing to rally? Or suddenly North Korea threaten to launch missiles to US or its ally? Even though these are geopolitical issues, it'll somehow create tremor to the world stock exchanges.

so serious meh...

buy the rumour, sell the news.... the stock market is a gambling den full of punters reacting to any rumours/news... see people queuing at the ATMs in Cyrus on Sunday, sell on Monday... stock market going up, just waiting for a reason to take money off the table... stock market going down, just waiting for a reason to be jittery and sell.

The americans are laughing off their heads... $10 billion only, and euro can't print money.

Distribution for OSK funds:

21-Mar-2013 OSK-UOB KidSave Trust To be advised 28-Mar-2013
21-Mar-2013 OSK-UOB Dana Islam To be advised 28-Mar-2013
21-Mar-2013 OSK-UOB Malaysia Dividend Fund To be advised 28-Mar-2013
21-Mar-2013 OSK-UOB Smart Treasure Fund To be advised 28-Mar-2013
21-Mar-2013 OSK-UOB Emerging Opportunity Unit Trust To be advised 28-Mar-2013
21-Mar-2013 OSK-UOB Smart Treasure Fund To be advised 28-Mar-2013
21-Mar-2013 OSK-UOB Income Fund To be advised 28-Mar-2013

Cyprus shock not heavy enough...nothing to buy

Today market will drop due to Cyprus issue. I think they rejected the troika bailout.