Plagiarism!

Ho ho ho! Chance for me to squeeze Xuzen!

ES-GL took management expenses for the Target Fund as part of its profit/loss, when they calculate AER for the Feeder Fund, they only take into account fees charged by Eastspring, fees charged my M&G are EXCLUDED (already inside profit/(loss)).

This post has been edited by Pink Spider: Feb 11 2014, 11:43 PM

In other words, e.g. M&G charges 1.5% management fee, Eastspring charges 1.8% management fee, and there is no double charging of management fee...

Assuming the Feeder Fund is 100% invested in the Target Fund (for making my illustration simpler), 1.5% charged by M&G is already inside profit/(loss) for the Target Fund, Eastspring charges u 0.3% on top of the 1.5% which Eastspring paid to M&G. Hence, AER is only 0.3%.

This post has been edited by Pink Spider: Feb 11 2014, 11:48 PM

1. See FSM Recommended Portfolios and Recommended Funds.
2. See portfolio of other forum members (some of us post monthly updates of our portfolio)
3. Use FSM "Fund Selector" to screen thru and shortlist funds that fits your requirement

To share with u, the purpose of me having an UT portfolio on top of my stocks portfolio is to DIVERSIFY.

Hence, my UT portfolio is majority foreign-exposed.

Review? A few types of review.

Compare your funds performance vs
(1) their peers
(2) their respective benchmarks

And u evaluate the performance of your portfolio as a whole vs other investments e.g. EPF, FD or even your own stocks portfolio. E.g. if your UT portfolio did worst than even FD, perhaps its time to forget about UTs and just park all in FD. But beware of over-short-termism, though. UTs are meant for long-term investing, not short-term punting. My portfolio once saw -25% during the peak of 2008-09 financial crisis, mind you.

To clarify, the -25% loss only relates to my portfolio of funds meant for long-term investing, it excluded my FDs, money market funds and savings account balances. If lump 'em all, maybe about -10% I think...I lost the historical data to recalculate this.

E.g.

Your portfolio is 50% Fund A, 25% Fund B, 25% Fund C
If u intend to top up every month, top up in the same proportion i.e. 50/25/25

Every 6 months u bring the proportion back into original plan, e.g. Fund A outperformed i.e. went up too far, then u sell some of Fund A or top up more into Fund B and Fund C.

Woi, dah faham my AER calculation and explanation for EI-GL? Where got 0.2% AER so cheap

This post has been edited by Pink Spider: Feb 12 2014, 10:19 AM

If 98% invested in mother fund, here's the calculation

1.5% x 98% paid from EI to M&G (M&G charges 1.5%, right? I meant management fee only, excl Trustee and others)
0.25% x 98% charged by EI to unitholders (mgmt. fee for the Feeder is 1.75%, NO DOUBLE CHARGING)
1.75% x 2% charged by EI to unitholders

More or less same lor EI-GL vs OSK-UOB GEY in terms of expenses

RHB-OSK GEYS mgmt fee rate is 1.5%, cheaper than the 1.75% charged by EI-GL. As the fund grow bigger, it will enjoy better economies of scale, the AER will reduce, cos some expenses do not go up/down proportionately to the increase/decrease of fund size.

This post has been edited by Pink Spider: Feb 12 2014, 10:44 AM

Replace with RHB-OSK Emerging Opportunity Unit Trust

And...u don't have exposure to Asia ex-Japan mid-large cap stocks. Global Titans is only invested in US+Europe+Japan. Do consider one of these:

AmAsia Pac Equity Income
CIMB-Principal Asia Pac Dynamic Income

My portfolio for your reference

This post has been edited by Pink Spider: Feb 12 2014, 02:46 PM

I prefer EOUT to SCOUT bcos EOUT can have up to 30% exposure to foreign stocks

See:
http://www.fundsupermart.com.my/main/admin...etMYOSKEOUT.pdf

I've already pointed that out a few times

Mainly Indobonds

This post has been edited by Pink Spider: Feb 12 2014, 09:40 PM

Busy with work so not free to type a long-winded reply.

One thing I can point out now, Hwang Select Income no longer can be purchased thru FSM.

AmConservative a worthy alternative. Look at it.

Unker Looi really very free

RHB OSK Income Fund 2. Up to 30% Asian bonds.

How much is min initial investment...

Just curious...anyone topping up on bond funds lately?

If yes, which fund?

Been thinking...it's been a while since I last touched AmDynamic Bond...last 2 transactions are both SELLs and moved the funds to local stocks

This post has been edited by Pink Spider: Feb 14 2014, 02:23 PM

I don't agree on going 100% equities lor, overweight yes, but 100% is really

So, holding only? No top up bond funds lately?