OOPS, sorry, wrong interpretation:
75% in companies with mkt capitalization of < USD 1.5 illion
25% in companies with mkt capitalization of < USD 3 billion

not 75% in M'sia...where the ##^& did I see that?

thanks for correction....now I need to replan where to shift my portfolio
HSAQ or HSAO? (small cap or big caps) risk level no same, returns also no same..

Evident from their latest Recommended Portfolios move, got major holding in RHB-GS US Equity now.

very high % of allocation too.
RHB GS US is not in the recommended fund list
they know something yet dun want to let us know??

This post has been edited by yklooi: Jul 20 2013, 05:27 PM

FSM fund choice: Alliance Global Equities Fund with 34% exposure in G5.

It depends. As mentioned earlier, I'm going to shift 70% of my PGSF into HSAO. HSAQ has very low exposure in HK. Trying to minimize my change in geographical exposure.

june fact sheet.
AGEF has US is 11.6% allocation
PGSF has US 16.7% allocation

This post has been edited by yklooi: Jul 20 2013, 05:34 PM

My wild uneducated guess -

Bond no longer works as a "portfolio stabiliser" in this low-interest rate environment where the market keep guessing when will US raise (or should I say, NORMALISE?) rates. US equities were a good hedge against Asia ex-Japan and GEM in the recent times.

To be exact, 12% US + 12% Europe (UK + France + Germany) + 12% Japan = 36%
They must be including RHB-GS US Equity to boost US exposure.

STILL thinking whether to switch from PGSF to AGEF, PGSF seems to have found a (relatively) stable footing lately.

This post has been edited by Pink Spider: Jul 20 2013, 05:34 PM

Currently I'm 2/5 HSAO + 3/5 HSAQ, targeting to eventually make it 1:1 ratio.

Reason being, HSAO has more HK exposure compared to HSAQ, which is more overweight ASEAN. With Indonesia and Thailand STILL quite hot and HK kena sold down quite badly, it'd be wise not to put too much in HSAQ.

Just my 2 sen

just a note:
Philips is betting VERY heavily on this HSAQ horse in their model portfolio
https://www.eunittrust.com.my/pdf/fundview/...or_July2013.pdf
and yet hwang's model portfolio published under Fundamental July 2013 has no mentioned of HSAQ under their 3 model portfolios.
HSAO has 5% allocation for their Conservative portfolio, none for their income generator & aggressive models.

This post has been edited by yklooi: Jul 20 2013, 05:58 PM

So what is our bet?

US or Asia ex Japan?

I'm having the same dilemma. My PGSF is gaining much faster than HSAO. If don't sell PGSF, I'll have 2 options:

a) Top up HSAO
b) Buy in AGEF

PGSF gained about 2% in past 1 month, while HSAO flat. But u look at 3-, 6-months, PGSF totally koyak

I'm losing a bit on HSAO. -1%.

How Pink? You switching to AGEF? You still gonna utilize the 1% SC somehow. Hahaha..

For:
I want to increase my developed Europe exposure, which is now at merely 9%

Against:
Europe and US were resilient lately, whereas Asia ex-Japan still not yet really recovered from recent selldown, thus still quite attractive. If REALLY want to switch to AGEF, why not do it after Asia ex-Japan recovered more?

Dilemma

This post has been edited by Pink Spider: Jul 20 2013, 07:07 PM

You just answered your own question bro! Go for Asia first, then only increase + balance up your developed Europe exposure. Haha! My 3 step probably is :

1. Top up HSAO (PGSF amount)
2. Sell PGSF (not sure what's my target ROI yet) and buy in AGEF

Eh btw it's Saturday. Why are you so active? Go kau lui, massage, drink till you hangover or something. Hahaha!!

What I have in mind right now is this...

Current:
24% OSK-UOB GEYF
12% Pacific GSF

To move toward:
27% OSK-UOB GEYF
9% Pacific GSF

Still feel wanna keep PGSF in my portfolio

No lui to kau
I don't like to strip naked, lay on my front and let a stranger touch me
Colleagues and Sub Cons are mostly married men, they have family life on weekends
Some friends have GFs to layan
Some friends working shopping centre hours

That's why I...

This post has been edited by Pink Spider: Jul 20 2013, 07:22 PM

Too much will cause brain to leak out from ears

Anyhow, IMHO, S&P will be coming down OR emerging markets/Asia going up within 6-8 mths.
Hunch: Ignoring the Federal Reserve many IFs, most emerging markets VS S&P is having some disjoint these few months.

S&P keeps going up, emerging markets keep going down/up/down (generally stagnant OR down).
Look at BRICs, SG, Indonesia, Thailand, etc. er.. i'm ignoring gravity & logic defying MY due to bomoh Khazanah & EPF (powerful magik neh )
Of course some speculate it's due to flight of $ back to US.
I dont know - all i know is i see a disjoint and when one side becomes lopsided...

Just a thought

This post has been edited by wongmunkeong: Jul 20 2013, 07:47 PM

If follow what Wong Seafood say, I should keep PGSF at 12%, cos it's overweight the currently undervalued Asia ex-Japan

Wah, why asking for her?

geeee, jus wan to know how she look?
heard from David, that the FSM MC was really pretty.lor