GS said get out from EM.
http://seekingalpha.com/currents/post/1479191

I'm shorting EEM BTW.

You still holding your AmAsia REIT?

It's sinking now.

Last week, simple ROI was below 3%

I'm asking if you're still holding it?

Malaysian bonds in for more volatility

PETALING JAYA: There could be more volatility ahead for local bonds in the face of the US Federal Reserve’s move to gradually cut back on its bond-buying programme, commonly known as the tapering of quantitative easing (QE) measures.

URL: http://www.thestar.com.my/Business/Busines...QE-taperin.aspx

Does anyone know what happen to Hwang Investment website? I saw FSM do not update the Hwang fund NAV, and I can't access Hwang website to get the NAV. It seen like the webpage have been moved. Does anyone hv notice on that?

thanks for your reply David. but i was under the impression that even buying unit trust funds yourself from FSM has low SC up to 2% only?

In that case, it isn't a benefit exclusive to Regular saving plans right?

Been so busy on the other side of the thread. How's the funds doing?

"Distribution is very relevant especially to retiree investors who want a source of income. For this type of investors, basically what they can do is to invest in a fund that has a distribution policy, and elect to receive distributions in the form of CASH. To an investor who elect to receive distributions in cash, distributions are a form of income, a cash inflow; gains in NAV price are capital growth.

E.g. upon retirement you have RM1mil which you invest in a fund. The fund that you invested in made a return of 10% and declares 8% as dividend for the financial year, that's RM80,000 of cash inflow for you! Of course, when a distribution is declared and paid, the NAV price will drop proportionately. The balance of 2% that are not declared as distribution will be reinvested for future growth."

Was reading the first page and got slightly confused. i have 2 queries:

1. Distributions are a form of income for retiree investors.. but that's only assuming if the fund made profit right?

if the fund that the retiree invested made 0% profit but declare 8% dividend for the financial year, the retiree gets RM80,000 but that's basically his own money from the RM1mil and the value of his investment becomes RM920,000.

2. I was also just wondering why you made the statement that distribution is very relevant especially to retiree investors[U] who want a source of income? as in, why only to retiree investors?

basically dividend can be relevant to anybody as long as the fund is making profit, right? take ur example that i quoted above.. what i'm saying is that the "dividend declared = source of income" in your example quoted above can be relevant to anyone and not just retiree investors.

do correct me if i understood wrongly. still trying to grasp the whole idea. thanks in advance.

but that's only assuming if the fund made profit right?

basically dividend can be relevant to anybody as long as the fund is making profit, right? take ur example that i quoted above.. what i'm saying is that the "dividend declared = source of income" in your example quoted above can be relevant to anyone and not just retiree investors.

Thanks Pink, yep it's very clear!

One last question and scenario,

For example:

Unrealised losses: -RM2,000
Realised gains: +RM10,000
Distribution: RM8,000

So the fund is making (RM10,000-RM2,000=RM8,000) profit. and distributed 100% of the gains. in this sense then the dividend is definitely considered source of income right? only difference is that your initial investment remains the same and you are not re-investing your gains.

If this is correct then I guess I have understood the concept!

Thanks!

Yup yup, got it.

thanks a lot really. hard to find forumers who explain in such depth.

So basically dividends quite redundant.

Scenario A

i invest RM1000 into unit trust with initial price of RM1.00 x 1000 units.

the fund grows 10%. I have RM1.10 x 1000 units = RM1100.

the fund declares dividend of 10%. So it becomes RM1.00 x 1100 units = RM1100.

I opt to get the 100 units dividend in CASH = RM100 CASH.

And I end up with RM1.00 X1000 units = RM1000.
Scenario B

in the other scenario, the fund grows 10% as well. I have RM1.10 x 1000 units = RM1100.

but this fund doesn't declare any dividend. But I can still sell 91 units worth RM100 to get the RM100 profit.

I end up with RM1.10 X 909 units = RM1000.

Essentially with dividend or not also no differences. 

Is the way I reasoned it correct?

am I correct in saying dividend paid for UT is taxable but capital gain isn't , so i'll rather have more capital gain than dividend paid

for me, my best fund this year is kenanga growth, IRR 30.2% while the worst fund is OSK Kid Save Trust , IRR -5.86%, luckily also sold the AM APREIT before it drop

one the biggest swing for me is the turnover of my Hwang AQF from height of 14% in may drop to now 4%.

Haha. No worries. It's the sub section- stock exchange.

Happy New Year to all 2014 shall be the year everyone HUAT AH! 

Portfolio update as of 31 December 2013:

Fund Name | ROI | IRR
Public Far East Select Fund | 29.80 | 3.68
Public Asia Ittikal Fund | 16.98 | 2.55
Aberdeen Islamic World Equity Fund - Class A | 17.07 | 17.96
CIMB-Principal Asia Pacific Dynamic Income Fund | 7.50 |  10.25
AmDynamic Bond | 4.86 | 2.69
AmAP REITs | 4.89 | 3.49
Hwang PRS Moderate | 1.50 | 10.92
RHB-OSK EMB | 0.86 | 0.59
Hwang Select Asia (ex Japan) Quantum Fund  | -2.53 | -5.64

[attachmentid=3797337] [attachmentid=3797338]

I got ROI chart with me too. Just didn't attach here since you guys prefer IRR chart.

Pretty around 10% for each fund. I'm afraid too diversified.

I moved the table to a new location in the worksheet. The pie chart wasn't updated correctly. 

[attachmentid=3797413]