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 Fundsupermart.com v2, Learn about DIY unit trust investing

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SUSDavid83
post Mar 1 2013, 07:52 AM

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Awesome, nice thread! I'm slower than Pink Spider to be the TS!
SUSDavid83
post Mar 1 2013, 08:06 AM

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QUOTE(Pink Spider @ Mar 1 2013, 08:05 AM)
Dave, u already taken PM TS, it would be conflict of interests if u take FSM TS too laugh.gif
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Yesterday LYN has some problem. It frustrated me to stay online.
SUSDavid83
post Mar 1 2013, 08:54 AM

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QUOTE(Kaka23 @ Mar 1 2013, 08:34 AM)
Decided and went into CIMB Principle APAC Dynamic Income Fund!
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I have forgotten about it again!

My next consideration is PGSF.
SUSDavid83
post Mar 1 2013, 01:22 PM

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Damn ... missed CIMB APDIF!
SUSDavid83
post Mar 1 2013, 09:16 PM

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QUOTE(ctrl_alt_del @ Mar 1 2013, 08:17 PM)
Hey, apdif still hot selling till now...thinking of selling instead... tongue.gif Purchased during initial launching.
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What is your ROI and XIRR?
SUSDavid83
post Mar 2 2013, 06:30 PM

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PBBANK is a good counter but in term of growth, personally I think that they have limited potential as compared to MBB, CIMB or even HLB.

PBBANK is a good defensive and dividend based counter and its price is mainly supported by PM as PM funds local counter will sure have PBBANK in as one of the pick.
SUSDavid83
post Mar 6 2013, 08:12 PM

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QUOTE(Hevrn @ Mar 6 2013, 07:41 PM)
Quick question. I noted recently that OSK-UOB GEM Bond Fund announced a dividend (ex-date 27th Feb, held them way before that). Till today I have yet to receive any crediting of additional units. Does it take a while for it to appear?
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It'll take up to 4 weeks if I'm not mistaken.

Pink Spider, please confirm.
SUSDavid83
post Mar 6 2013, 08:14 PM

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QUOTE(Pink Spider @ Mar 6 2013, 06:17 PM)
1.8% Management Fee hmm.gif
And it won't invest in Japanese equities, means no Nintendo, Sony etc doh.gif

Here's link to the prospectus:
http://www.ambankgroup.com/en/FundManageme...ureDividend.pdf
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But it could invest in US or HK listing right?

So you're not interested with this sinful fund?
SUSDavid83
post Mar 7 2013, 09:27 AM

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QUOTE(Nine9 @ Mar 7 2013, 08:49 AM)
o... it mean that the latest NAV price also is actually delay by 2 days?
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The displayed NAV will have the date accompanied next to it.

0.xxxx (6 March 2013). The NAV for 6 March 2013.

If you have bought a fund yesterday, the price that you bought in will be based on this date.


SUSDavid83
post Mar 7 2013, 01:08 PM

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QUOTE(jutamind @ Mar 7 2013, 12:08 PM)
i wonder why is everyone so kan chiong about the NAV? you will be informed of the NAV you purchased once the units have been priced.

knowing NAV immediately doesnt mean that you can transact those units immediately. you can only do so once the units are credited into your account.
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Because it could take up to 4 days in order to get it updated in the system.
SUSDavid83
post Mar 7 2013, 03:12 PM

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QUOTE(aisoku @ Mar 7 2013, 02:56 PM)
Hi,
Wanna ask the expert around here, I had bought OSK-UOB Gold and General Fund, but recently seem like the price keep on dropping. Should i sell it to stop loss or should i hold it a little bit longer?
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How much is your loss now?
SUSDavid83
post Mar 7 2013, 03:35 PM

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RM 0.3013 (March 6, 2013) is the latest NAV for OSK GGF

If your average unit cost is 0.47, your simple loss is 35.8%

OMG! That is a huge loss! If I were you, I may wait or top up for break even. This is almost similar to PCSF case.

SUSDavid83
post Mar 7 2013, 04:01 PM

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QUOTE(aisoku @ Mar 7 2013, 03:57 PM)
I can't afford to top up anymore. i can wait, but what i afraid is it will drop further  cry.gif  cry.gif  cry.gif
What is PCSF case?
I was a huge mistake to make such a big investment in this.  cry.gif  cry.gif
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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
SUSDavid83
post Mar 7 2013, 04:12 PM

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QUOTE(aisoku @ Mar 7 2013, 04:08 PM)
lesson learned...

cry.gif  cry.gif

So at the moment should i wait?
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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
SUSDavid83
post Mar 7 2013, 06:56 PM

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I'm one of those who are skeptical about Malaysian equities.

I just sold off PSMALLCAP today.
SUSDavid83
post Mar 7 2013, 07:45 PM

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QUOTE(Pink Spider @ Mar 7 2013, 07:39 PM)
That's just small caps, how about Malaysian large caps/blue chips/dividend stocks?
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None of them. I don't have a 100% local equity fund.

Even PSMALLCAP is not purely 100% local.
SUSDavid83
post Mar 7 2013, 08:58 PM

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QUOTE(Pink Spider @ Mar 7 2013, 08:39 PM)
U made me also feel wanna fully switch my EI Equity Income to EI Global Emerging Markets, esp seeing that KLCI had a strong run lately whereas GEMs underperformed.
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Well, KLCI is underperformed compared to its peers lately.

When Asian market rally to nearly 1% or 2%, KLCI got stuck in RED. yawn.gif

That's why I'm pessimistic over KLCI or local equity especially when GE is nearing very soon.
SUSDavid83
post Mar 7 2013, 09:28 PM

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QUOTE(Pink Spider @ Mar 7 2013, 09:06 PM)
Well, maybe you have not been looking into the details. I have been closely looking at some stocks esp large cap blue chip consumer stocks in recent days, Target Price (TP) for some of these stocks have been breached, and some are steadily climbing toward the TP. It's as if everyone have forgotten about GE or investors are so hungry for dividends that yields are getting under heavy pressure.

Yes, when Hang Seng rallied, KLCI seem to be yawn.gif -ing, but when the rest of Asia got under selling pressure, KLCI ph34r.gif -ing and yawn.gif -ing climbed, and it's not just the blue chips.

My guess is that institutions are pumping up the market.
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If I remembered correctly last week or this week, all markets over the world are in GREEN at least 1% min but KLCI closed in RED; lower by few points.

I'm not into local stocks as I have no plan in buying any of local shares at the mean time till after GE.

Foreign fund houses have been buying into our equity lately.

This post has been edited by David83: Mar 7 2013, 09:31 PM
SUSDavid83
post Mar 7 2013, 10:10 PM

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QUOTE(wayne84 @ Mar 7 2013, 09:52 PM)
Actually...US market now also quite scary when hitting all time high....we can not time the market folks....jus follow the flow and keep amour....need to turn down the monthly top up into GEM + world + China/asia fund as well.....have no direction wher market heading now...except japan
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Japan equities market is more unpredictable.

When Asian market up this week in the range of 0.5% to 1%, Nikkei 225 closed in RED.

When Asian market in RED this week, Nikkei 225 closed at least 0.5% higher.


SUSDavid83
post Mar 7 2013, 10:24 PM

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QUOTE(Pink Spider @ Mar 7 2013, 10:13 PM)
Nikkei is now liquidity and forex-driven (Yen weaken, Nikkei go up) as opposed to Hang Seng which is mainly China newsflow-driven.
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When I analyze Asian market, I'll not just concentrate to HSI and Nikkei 225.

I'll put STI and S&P/ASX 200.

Why I do this? Because most of the Asian ex Japan funds are investing heavily into HK or Greater China, Singapore or ASEAN and Australian (especially REIT).

This post has been edited by David83: Mar 7 2013, 10:35 PM

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