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 Fundsupermart.com v2, Learn about DIY unit trust investing

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gark
post Mar 1 2013, 07:51 PM

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QUOTE
SHAH ALAM, March 1 — A pregnant investment fund manager pleaded not guilty to 21 counts of criminal breach of trust (CBT) amounting to RM500,000, at the Sessions Court here today. 

Nik Ariza Nik Aris, 33, from Klang, allegedly committed the offences at her employer's premises at HSBC Amanah Malaysia Bhd, Bandar Baru Klang near here, between March 12, 2010 and March 9, 2011. 


Malaysian fund manager underpaid ah? laugh.gif
gark
post Mar 6 2013, 06:50 PM

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QUOTE(Pink Spider @ Mar 6 2013, 06:25 PM)
U are wrong grumble.gif

Number of units sold : 1311.18
Confirmed Sale Price : RM0.6271
Redemption Fee : RM8.22
Gross Redemption : RM822.24
Net Amount After Redemption Fee(if any) : RM814.02

Redemption fee is calculated as % of the gross proceed, NOT gross proceed/1.01=net proceed

U made me "lost" 8 sen vmad.gif

laugh.gif
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Only sell 800 bucks? I thought you need 4k to overhaul your dad's car? tongue.gif
gark
post Mar 8 2013, 10:07 AM

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QUOTE(Pink Spider @ Mar 8 2013, 09:50 AM)
KLCI feel-good is still on, good time to switch out to avoid GE selldown. Feel wanna switch out my 100% Malaysian equity EI Equity Income, but where to? GEM or Asia Pacific Shariah Equity hmm.gif

GEM - no exposure to HK (non-China stocks) Singapore and Australia
APSE - no exposure to haram stocks esp banks

How cry.gif
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Go Asia ex. Japan... that's where I am heading now.... brows.gif sin stocks included...

Don't miss the hot countries is like Philippines which the share market has gone up 14% year to date (3months!!!) rclxms.gif

This post has been edited by gark: Mar 8 2013, 10:09 AM
gark
post Mar 8 2013, 10:11 AM

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QUOTE(Pink Spider @ Mar 8 2013, 10:10 AM)
Eastspring Investments non-Shariah APexJ fund sucks doh.gif , but the Shariah variant performed great, consistently beat its benchmark (Dow Jones Islamic APexJ).

Thinking... hmm.gif

GEM covers most of APexJ except for domestic HK, Singapore and Australia

Australia has the biggest mining companies, Singapore has some good yielding Telcos hmm.gif
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All those outdated story already.. now people go to Thailand, Philippines, Bangladesh, and re-emerging Vietnam for new growth story... tongue.gif

This post has been edited by gark: Mar 8 2013, 10:12 AM
gark
post Mar 8 2013, 10:12 AM

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QUOTE(Pink Spider @ Mar 8 2013, 10:11 AM)
Both GEM and APexJ covers Philippines
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Like 0.01% arr.... doh.gif
gark
post Mar 8 2013, 10:15 AM

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QUOTE(Pink Spider @ Mar 8 2013, 10:12 AM)
So, u reckon Emerging Asia has better potential than Developed Asia?
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I strike a balance, hence concentrating on Asia ex. Japan... not Asia Pacific ex Japan. The difference is coverage on mid Asia countries like India, Sri Lanka, and other emerging nations there...

Most funds have about 60% developed Asia (China, HK, SG, Korea, Aus) and 40% on emerging Asia (SEA, India).
gark
post Mar 8 2013, 10:26 AM

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QUOTE(Pink Spider @ Mar 8 2013, 10:21 AM)
Yea wor shocking.gif

It's my favourite global equity fund cry.gif

*PM LiveHelp now*
*
Call helpline better, can talk to sweet lenglui voice mar...
gark
post Mar 8 2013, 11:32 AM

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QUOTE(Pink Spider @ Mar 8 2013, 10:30 AM)
Eastspring Investments' Asia Ex-Japan funds have exposure to central-mid Asia too.

The Shariah variant seem to focus on IT and materials as its got no exposure to financials.

My equity funds now:
AmAsia Pac REITs 14%
EI Equity Income 10%
EI GEM 30%
Hwang Asia Quantum 17%
Pacific Global Stars 9%
OSK-UOB Global Equity Yield 19%

Sifu, GEM or AexJ Shariah? notworthy.gif

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looks like your GEM already a lot at 30%. Some GEM holdings also cross over with Asia ex Japan....
gark
post Mar 8 2013, 12:44 PM

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QUOTE(Pink Spider @ Mar 8 2013, 12:03 PM)
FSM Recommended Portfolio adjustment for end-Feb 2013:
http://www.fundsupermart.com.my/main/artic...FSM/B201302.pdf

They're adding CIMB-Principal Global Titans for global equity exposure. hmm.gif
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So far for world/US exposure I am buying ETF only, much more cost effective and most global/US funds have hard time beating the benchmark anyway... icon_idea.gif

For US - VOO - management fee 0.05% p.a.
For Global - VT - management fee 0.19% p.a.

Your global holdings all perform below benchmark.. still want to keep? tongue.gif

This post has been edited by gark: Mar 8 2013, 01:01 PM
gark
post Mar 8 2013, 01:29 PM

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QUOTE(Pink Spider @ Mar 8 2013, 01:26 PM)
My OSK-UOB Global Equity Yield matching/slightly beating MSCI AC World tongue.gif
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Ya meh.. I see overall losing to MSCI world oh....

YTD beat slightly...
1 year lose, 3 year lose, 5 year lose wor.... tongue.gif but pay 1.5% vs 0.19%.... brows.gif

Come change to ETF... rclxms.gif

This post has been edited by gark: Mar 8 2013, 01:31 PM
gark
post Mar 8 2013, 01:39 PM

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QUOTE(Pink Spider @ Mar 8 2013, 01:34 PM)
How's the brokerage? Buy thru who? hmm.gif

My broker only got FTSE ASEAN and CIMB China ETF sad.gif
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Can buy through US broker or local broker, but local broker expensive lar.. US broker is USD 9.90/ transaction no matter how much you buy... You buy little little, then expensive lor tongue.gif
gark
post Mar 8 2013, 02:20 PM

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QUOTE(Pink Spider @ Mar 8 2013, 01:41 PM)
One question about fund vs index...

Indices does not take into account dividend incomes, right? If that's the case, investing in ETF that tracks index would win? hmm.gif
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There are two kind of index,

Most international index for example MSCI, FTSE, S&P etc already included dividend the calculation. This is the acceptable international standard.

Most MALAYSIAN index which local fund loves to compare against eg. KLCI/KLSE does not include dividend to make it easy to beat. whistling.gif

A good ETF will perform exactly like an Index with very small variance.

This post has been edited by gark: Mar 8 2013, 02:22 PM
gark
post Mar 8 2013, 02:25 PM

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QUOTE(Pink Spider @ Mar 8 2013, 02:22 PM)
mad.gif  vmad.gif

Jaguh kampung indeed grumble.gif

wait, any proof of that? hmm.gif
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The Malaysian index with dividend calculation included is FTSE Bursa Malaysia KLCI (FBMKLCI)

QUOTE
The FTSE Bursa Malaysia Index Series currently comprises the following 12 indicescovering the Main Market,, ACE Market and the companies from the universes of developed, advanced emerging and secondary emerging countries as classified by FTSE in the Asia Pacific region (ex Japan, Australia and New Zealand).

Tradable Indices
FTSE Bursa Malaysia KLCI
FTSE Bursa Malaysia Mid 70 Index
FTSE Bursa Malaysia Top 100 Index
FTSE Bursa Malaysia Hijrah Shariah Index
FTSE Bursa Malaysia Asian Palm Oil Plantation Index - USD
FTSE Bursa Malaysia Asian Palm Oil Plantation Index – MYR

Benchmark Indices
FTSE Bursa Malaysia Small Cap Index
FTSE Bursa Malaysia EMAS Index
FTSE Bursa Malaysia Fledgling Index
FTSE Bursa Malaysia EMAS Shariah Index
FTSE Bursa Malaysia ACE Index

All the indices have a price and total return end of day index calculation. The total return methodology is based on FTSE’s existing methodology. Total Return Indices (TRI) are indices which measure the total return on the under lying constituents, combining both capital performance and reinvested income.


This post has been edited by gark: Mar 8 2013, 02:34 PM
gark
post Mar 9 2013, 10:40 AM

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QUOTE(Pink Spider @ Mar 9 2013, 12:14 AM)
U know what? That day at the FSM "Lou Sang" dinner, the CEO of Amanah Mutual Berhad suggested that the better way to invest in foreign markets is to buy single-market funds. She reckoned that this way, u can manage your portfolio better. And she's quite positive on Indonesia.

I think she is right in a sense; this way, u can see more clearly which country is performing and which is not, and u can structure your portfolio in a more clear manner.

Problem is, as amateur investors ourselves, how do u decide how much % to allocate to the respective countries? Region allocation is already a headache, what more country allocation. sweat.gif rclxub.gif

What do u guys think?
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You can allocate max 5% to single country if you want to boost certain country. Even if you have regional like Asia ex Japan for example.

So you can still keep the regional amount and boost countries you think will do well. IMHO for single countries best not to exceed total 20% of your portfolio. The other 80% is your 'core' portfolio, which will not change and maintain constant asset allocation. The 20% 'boost' portfolio is medium-term, but change as the situation/economies change...

Treat you core as elephant gun and boost as sniper rifle...

Example of equity 'core' & 'boost' portfolio....

30% Global equity
20% GEM
20% Asia ex. Japan
10% Frontier

5% Indonesia
5% China
5% Malaysia
5% Brazil

This post has been edited by gark: Mar 9 2013, 10:46 AM
gark
post Mar 9 2013, 11:22 AM

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QUOTE(Pink Spider @ Mar 9 2013, 11:01 AM)
Talking of which, my "sniper" (Hwang Global Financial Institutions Fund) actually made up 1/4 of my equity portfolio. Back then dunno anything about portfolio investing. Luckily it did not tank like China funds, giving me a tiny return of 4% annualised since 2008 sweat.gif
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My 'boost' portfolio is..

10% China
5% USA
5% Indonesia

So far so good....the china was the laggard for a while but has now improved. The core portfolio is doing quite well... The china & Indonesia is lumped into Asia ex. Pacific for me...

Looks like your portfolio needs some 'rebalancing'.. mine definitely does... so I am busy moving funds..

This post has been edited by gark: Mar 9 2013, 11:27 AM
gark
post Mar 9 2013, 11:28 AM

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QUOTE(Pink Spider @ Mar 9 2013, 11:26 AM)
Main drivers of my portfolio returns are EM bonds and Hwang Select Income Fund. Current portfolio IRR: 6%, these two consistently delivered above that. The rest +/- around 6%. The monster is Hwang Asia Quantum Fund with double-digit IRR. IF ONLY I had invested in it earlier. doh.gif
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Remember not to get too attached to good performance fund.. need to rebalance. Convert some of the outperformance to underperformance fund...

What goes up will.... (fill in yourself). tongue.gif

This post has been edited by gark: Mar 9 2013, 11:29 AM
gark
post Mar 9 2013, 03:27 PM

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QUOTE(Pink Spider @ Mar 9 2013, 03:25 PM)
1. U don't judge a fund over its 1-month performance doh.gif
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.
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Aberdeen Global Opportunities is a great fund... rclxms.gif

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
gark
post Mar 9 2013, 03:35 PM

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QUOTE(Pink Spider @ Mar 9 2013, 03:31 PM)
Eh pakcik, aku ingat kau tak minat global equity funds? ETF mar... whistling.gif
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Wahlau call me pakcik.. i still young lor... doh.gif

Although have ETF also can see fund right? tongue.gif
gark
post Mar 30 2013, 01:00 PM

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QUOTE(Kaka23 @ Mar 30 2013, 10:34 AM)
Haha.. Long term for my kid bro. Kidsave now only 9% in msia, 50% bonds, 30% asia ex jpn and rest cash
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If for your kid, better to hantam 100% equity... since your kid got time on your side. Only when you need to use the money ie 18 year old - uni fees, you slowly convert down to bond.

My opinion only...

This post has been edited by gark: Mar 30 2013, 01:01 PM
gark
post Mar 30 2013, 01:01 PM

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QUOTE(Pink Spider @ Mar 30 2013, 11:37 AM)
U need more higher growth potential funds... brows.gif

Btw, OSK-UOB EM Bonds might be worth topping up now, Brazilian 10-yr bond yield has risen to 10%, it's been hovering aroung 9.4% for some time prior to this.
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If yields go up, bond price comes down.... tak salah kah ini strategy? tongue.gif

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