Just bit the bullet and topped up Kenanga Syariah Growth fund, even thought it's too hot. But I plan to keep topping it up every month, so I hope it'll balance in the long term.

Yup, topped it coz of that 1 % promotion

I never really understood the conecept of annualised return. Can you explain as per below?

Suppose Fund A makes 10 % in 2012
makes -2 % in 2011
makes 13 % in 2010
5 % in 2009

How to annualise above?

So it means you are also disappointed in EI AP Shariah fund? Same like Myself. Holding it for close to 6 months already but never once saw it out of red. Even though all other funds rally sometimes but it never did.

I don't think so. Coz all my portfolio is Halal funds, and all rally and drop when due. But this EI fund never rallied when all of my funds rallied, but always drops whenever other funds drop. That's why it's made me think that this fund is really useless. I am thinking for few days just to sell it out, take the loss and move on. Invest the remains in my other high quality funds.

Not comparing it with Malaysian equities bro. My portfolio has 2 Global Funds, 3 Asia ex Japan funds including this EI one, and only 1 Malaysian equity. Total of six Halal funds covering all major regions. 5 of the funds rally and drop according to the market situations, but this EI one never rallies when all of others rallying including my 2 other Asia Pacific funds, but when they all drop, this EI fund drops even more. And this monitoring has been consistent since last 5 months or so. So I am baffled how come it's be like this. It truly shows that the fund is not being managed properly. Or there is some other serious problem

And I m the biggest critic of it. Holding it close to 6 months and never came out of being negative. At The moment -4%

Finally bit the bullet and sold off my EI Asia Pacific Shariah fund, took the loss of -6 % . Will rather use the funds to invest in other worthy funds, since it's the best time for topup, all markets tanking worldwide

Anbody knows when FSM recommended fund list for year 2013/14 will be available?

Very true. But not always true for high volatile markets, such as Thailand, you quickly have to catch the falling knife to benefit. SET thailand has been on a roller coster ride since last month or so, one day it drops 5 %, other day it's gained 7%. I am trying to time my top ups in thai funds to perfection here i.e. top up on the day it dropped 5 % , IMHO, thai market is wildly different to other markets such as US/Europe or Malaysia.

Lol. I live and work in Thailand, so I started investing here in local funds also. Bought my first fund (a Morningstar 5 star fund) last month on the day earlier than Fed chairman dropped the bombshell of reducing the QE, as a result, within a month, the fund has gone down more than 10%, some days managed to rebound 5 %-6 %, other day went down, this happening since the whole last month. What went in my favour was that I started with a bare minimum, and since then, I am nearly topping up every day the stock market fell 2-3 % . Doing so , now I've limited my loss to just 2 % , instead of 10 % which the market has lost within last month. Infact, I am praying for it to drop more and more, as I am not yet fully invested lol. Keep dropping till I am fully invested, and then start go up again. lol

I've decided to set emotions aside, and decided the way forward is weekly DCA for the remaining of this year. I'll apply it to my investments both in Malaysia and Thailand.
(Weekly DCA, not monthly, coz I am not yet fully invested in either markets, got a specific chunk of cash lying around)

This post has been edited by s_kates81: Jun 24 2013, 02:39 PM

It seems that the storm has passed already.

Agree 100%. I was recently burned by this EI AP Shariah fund. Put a serious dent on performance of my portfolio. Can't really see the logic of being a recommended fund. Infact, most of the funds I checked on the recommended list, shouldn't be on it anyways. High percentage of proven under performers

lol. Yeah, you r right. But please note that past deeds and wrong doings of the man you are looking to marry, bear heavily in your decision making. You won't be wanting to marry a proven crook or a cougar no matter how great his personality and strength of character is.

Bro, I must say that you have nerves of steel. You invested in a fund which has been underperforming heavily most of the time, and you still wanna hold it and wait.

IMHO, if a fund has a sound track record for many years, and then it plunges 20 %, it's OK and you should ride the bumpy weather. But it shouldn't be said for a fund with shady/not so good/just ok past performance. If myself, i have a rule, minus 8-10 % is the point you should take your losses and exit. Use the money to invest in some other better fund, instead of waiting for the shady fund to recover, which may never happen or may take a long long time.