I buy OSK-UOB Income to "balance" against my stock investments, as spare "ammo". So, stable/decent is a plus for me

This post has been edited by Pink Spider: Jul 19 2013, 10:34 AM

FSM will do GIRO transfer (previously they bank in cheque, but recently they do GIRO transfer) into your savings/current account on T+2. If u sell on Friday, they will GIRO to u on Tuesday, most likely u will get the money on Wednesday or latest on Thursday (inter-bank GIRO usually takes 1-2 working days to clear)

http://www.fundsupermart.com.my/main/faq/faq.svdo?id=9718
Q: How long will it take for me to receive my money?

A: If you sell the Cash Management Fund (which were purchased via cash), the proceeds will be posted to you either by cheque or deposited into your designated redemption account on T+2. Please note that your designated bank might take 1 - 2 business day to clear the cheque.
As the Cash Management Fund’s net interest rate is based on historical pricing, the selling price will be based on the previous calendar day immediately before the date of the transaction.

Still need to have SOME in savings and FD

Imagine...

u bang ppl car need to pay cash to settle, u cannot call FSM at 2AM to ask for money
or ur puppy kena kidnap for ransom, u also cannot call FSM at 2AM to ask for money

If it turned the other way? You would have thought that u have god-ly foresight!

Today bought my first REIT...IGBREIT at 1.29, expecting net yield of about 4.9%

Eat nasi lemak biasa every day and buy protein drink

My boss is moving his attention to STI stocks

For cash parking (u gonna need to use the cash in 5 years or lesser), only consider money market (OSK-UOB CMF, OSK-UOB Money Market, AmIncome Plus) or AT MOST bond funds like OSK-UOB Income or AmBond.

If u wanna INVEST, then only consider Hwang Select Income or KidSave.

If u risk-averse, Eastspring Investments Equity Income or Hwang Select Dividend would be a good choice.

Build a portfolio of at least 4-5 funds, don't buy 1-2 "hot"/recommended funds and expect your money to multiply.

This post has been edited by Pink Spider: Jul 20 2013, 11:59 AM

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

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

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

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

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

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

1:1 is just convenient to monitor and review

If u risk-averse, better HSAO 2:1 HSAQ
If u adventurous, can HSAO 1:2 HSAO

Do bear in mind, what HSAQ can buy, HSAO also can buy
But HSAQ cannot buy everything that HSAO can buy

So, IMHO, better to keep 1:1, there may be times when even HSAO might even go put significant % in small-mid caps.

Large cap + dividend stocks + POTENTIAL dividend stocks

bcos until now no monthly fact sheet is published

From what I understand, PGSF takes a "value" approach to stock picking.

What does "value investing" mean? It means buying stocks that are trading at below their intrinsic value, i.e. buying good companies trading at attractive valuations.

But in this IT era of free-flowing information, when exactly can u achieve this? By the time u found out, many others would have done so too.

It usually occurs when a good company is in (short-term) trouble, e.g. a product did badly, production got some hiccup, sales growth were stagnant lately etc.

Putting this into context of PGSF, Pacific Mutual ("PM") would look to buy into good companies whose stocks got beaten down for some reasons, hence their recent overweight in Australian mining stocks and China H-shares. They do so believing that it's just a matter of time that the troubles will pass, these companies will realise their fair value.

So the questions now are,
WHEN WILL THE TROUBLE PASS?
CAN YOU WAIT IT OUT?

Food for thought to help with your selection process

Aberdeen Islamic World Equity is a new fund, prospectus where will show its country allocation?

Maybe u can get a rough indication of country allocation from its non-Shariah compliant Singapore-managed sister fund?

This post has been edited by Pink Spider: Jul 21 2013, 10:39 PM