but Select income have some equity , although very small %.. if i wanted to adjust portfolio allocation, then will be complicated? i think that was why i chose HS bond in the 1st place.. what's ur opinion? 

The bigger the fund, the less efficient the management will be. If a fund is too big, it cannot make purchases without distorting the whole market. Hence big funds can only buy very very liquid stocks hence becoming more like an index fund already, as the list of stocks they can buy is limited.

A good example is public smallcap became sooooo big, until the performance is affected before they decided too late to close the fund.

Yeah.. but it was a general reply to those who think that bigger funds = better. 

Still even though it is yield focus, the big size does limit some of the purchases. For example if SIF decide to invest in like illiquid stock with good yield like Hup Seng.. what would happen? 

Hi, I am new to UT. I dont have any experience other than reading through "getting started" in FSM and lurking around this thread. I was wondering, how does one keep track of their portfolio ? What do I need to monitor ? I mean, I wanted to have an excel sort of document to manage my newly started investment but I dont know what to do. Please advise.

EI GEM personally i had this fund under my portfolio before, just sold it not a recommended fund. anyway read fact sheet and past five years track records judge yourself

Well. It may be the best in it's league but it's definitely not in overall. Yes it outperform its benchmark but there are a lot other funds which is outperform GEM fund. in term of IRR this fund among the lower rank in my overall portfolio. We buy UT, one common objective good return isn't it ?

then you might end ups with alot of heavily M'sia eq based fund....kenanga, hw AIIman, Am Div trust, osk uob eme opp, just to name a few...have performanced very well for the past few years.
anyway, i too, sometimes had both sides of my brains arguing with each others......ha-ha..1 side said, as long as it makes $$ it is ok, but the other side said...diversification for you may be safer on the "just in case"... until now they are still not yet in full agreement....85% in m'sia 15% in Asia ex Jpn

I hope I don't piss all the sifu off here by saying this.

But having a too diversified portfolio is not a good thing sometimes. I believe I have a higher portfolio yield than some of the sifu here who have a wide diversification.

But of course, once the market hits me. It'll hit hard. I have got a taste of the 'poison' yet. So diversation is syill the way to go lar. Decision is HOW diversify.

I already have an account with iFast Capital
https://www.ifastcapital.com.my/ifast/home/index.svdo

I just wonder what difference between FSM and iFast, since both of them are related somewhat

May be, since when you holding this fund and how long period already ? my net profit from this fund is 3.8% (included SC 6% direct purchased from Prudential that time). So is this a considerable good, better or best fund to invest ? i would say so-so in future you would never knows.

Is it ? well for me i am monitoring both ways its not meaningless at all. higher IRR doesn't give you an indication that you yield higher Profit/Loss % same apply to vice versa.

open in iFast will through an advisor or something like a financial company that provide many financial services. FSM is direct to customer..

wouldn't call it an advantage, but the difference is you have your financial planner to help you keep an eye on the stuff, he will advise you from time to time, his commission ride on the performance of the funds, hence if the funds are losing money then his commission will reduce as well

this is more suitable for those don't have the time to monitor prices all the time, and also to those very new to the world of UT like me

Asian market opens in RED today.

Last Friday, US closed in RED.

They charge a ~0.5%-1.0% p.a.wrap fee for those service. The wrap fee is based on total invested NAV, hence when your NAV goes down, his commission also goes down. However to compensate on the wrap fee, the sales charges are lowered to 0.5%-1.0% per purchase/switch accordingly.

So fee structure will be :-

1 Wrap fee 0.5%-1.0% p.a. based on daily NAV
2. Sales charge 0.5%-1.0% - one time
3. Fund Management fee - 1.0%-2.0% p.a. based on daily NAV

So for example your holding is 100K RM daily average, the 'FA' fees will be RM 500- RM 1000 per annum for his advice...

So whether if it is suitable for you or not, depends.. and they only trade in UT carried by FSM. And each FA can have many clients... and your UT portfolio will tend to be trade heavy...

No not using them.. just know only...

Not everyone expert like you can DIY...

Maybe you can become FA here... charge 0.25% for you to 'DIY' other people's account.  Can earn side money...

per annum...   Look for more clients lah..

per annum...   Ok what, click click 2-3 times a month only per client....More money look for more clients lah..

Can I join you at the pub... haha