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Fundsupermart.com v2, Learn about DIY unit trust investing
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gark
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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?
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gark
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Mar 6 2013, 06:50 PM
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QUOTE(Pink Spider @ Mar 6 2013, 06:25 PM) U are wrong  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  Only sell 800 bucks? I thought you need 4k to overhaul your dad's car?
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gark
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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  GEM - no exposure to HK (non-China stocks) Singapore and Australia APSE - no exposure to haram stocks esp banks How  Go Asia ex. Japan... that's where I am heading now....  sin stocks included... Don't miss the hot countries is like Philippines which the share market has gone up 14% year to date (3months!!!) This post has been edited by gark: Mar 8 2013, 10:09 AM
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gark
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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  , but the Shariah variant performed great, consistently beat its benchmark (Dow Jones Islamic APexJ). Thinking... GEM covers most of APexJ except for domestic HK, Singapore and Australia Australia has the biggest mining companies, Singapore has some good yielding Telcos  All those outdated story already.. now people go to Thailand, Philippines, Bangladesh, and re-emerging Vietnam for new growth story... This post has been edited by gark: Mar 8 2013, 10:12 AM
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gark
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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 Like 0.01% arr....
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gark
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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? 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).
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gark
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Mar 8 2013, 10:26 AM
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QUOTE(Pink Spider @ Mar 8 2013, 10:21 AM) Yea wor It's my favourite global equity fund *PM LiveHelp now* Call helpline better, can talk to sweet lenglui voice mar...
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gark
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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? looks like your GEM already a lot at 30%. Some GEM holdings also cross over with Asia ex Japan....
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gark
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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.pdfThey're adding CIMB-Principal Global Titans for global equity exposure.  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...  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? This post has been edited by gark: Mar 8 2013, 01:01 PM
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gark
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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  Ya meh.. I see overall losing to MSCI world oh.... YTD beat slightly... 1 year lose, 3 year lose, 5 year lose wor....  but pay 1.5% vs 0.19%.... Come change to ETF... This post has been edited by gark: Mar 8 2013, 01:31 PM
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gark
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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? My broker only got FTSE ASEAN and CIMB China ETF  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
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gark
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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?  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. 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
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gark
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Mar 8 2013, 02:25 PM
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QUOTE(Pink Spider @ Mar 8 2013, 02:22 PM) 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
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gark
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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.  What do u guys think? 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
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gark
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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  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
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gark
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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.  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). This post has been edited by gark: Mar 9 2013, 11:29 AM
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gark
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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  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
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gark
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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...  Wahlau call me pakcik.. i still young lor... Although have ETF also can see fund right?
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gark
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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 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
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gark
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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... 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. If yields go up, bond price comes down.... tak salah kah ini strategy?
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