Top up Kenanga Growth Fun, AmCommodities, ES-Income Equity, ES-Small Cap, ES-GL for this month.

Xuzen

so far it has been monthly, and the good thing about of Unit trust is I can stop anytime, unlike those saving plans..... die die also must cough up your money.

Xuzen

Pink,

If you cannot stomach the GEM volatility, then by all means come back to Bolehland Jaguh kampung fund lar.... Kenanga Growth has a Reward/Risk of almost 2:1 leh.... you can even use that as an alternative to bond fund to improve your portfolio's beta.

BTW, I am going to switch 100% of my bond portion to cash aka RHB Money Market Fund which is incidentally giving better yield than a bond fund's ROI. I'll do the online switch on Monday.

Xuzen

This post has been edited by xuzen: Feb 15 2014, 11:08 PM

I wanted to write a cheong hei article but I just can't seem to get started. Anyway, the numbers just shows that MY-fund aka jaguh kampong fund are performing better wrt their off-shore counterpart.

My not so professional judgement are:

Local stock market is semi-efficient, hence local fund manager can exploit the alpha from the market. "Big fish can east small fish".

When the same jaguh kampong fund manager venture out into the big big ocean, they become the small fish and get swallowed up by bigger fish such as JP Morgan, Credit Suisse etc.

Having said that is super efficient market such as the US, actively managed fund with high annual expenses will be slaughtered by super low cost index fund or ETF simply there does not exist inefficiencies for the fund manager to exploit the alphas.

Xuzen

Kalau style gua masuk semua kat Money Mkt fund dulu, slow slow masuk Hwang Aiiman contohnya RM 500/bulan. But that's just my style....

Xuzen

Local Jaguh Kampung is my core fund. I am even selling my bond to go into it as the Reward:Risk ratio is getting almost similar to bond fund nowadays.

I still maintain a small percentage in non-core equitiy fund e.g., Eastspring Global Leaders (10%) and AmCommodities (10%)

Xuzen

Last I check ETF in M'sia suffers from low liquidity, has the situation changed?

In Bolehland, the most cost effective is to be UTC agent yourself to reduce cost.

Xuzen

Lee Sook Yee FTW!

Selling my FI in favour of Money Market.

I still overweight Lee Sook Yee fund.

Xuzen

This post has been edited by xuzen: Feb 24 2014, 01:20 PM

Pink can have all the Esther Teo he wants, I am still sticking with Lee Sook Yee .

Xuzen

Global funds managed by local unit trust company suxs big time. I am buying eastspring global leader MY fund though... but it is a small part of my asset allocation, <15%.

Xuzen

12.5 % of my EPF portfolio is in Eastspring small-cap.

25% in Eastspring income equity fund.

Total equity exposure is 37.5%. Remaining in Eastspring Inv Bond fund (62.5%).

Target asset allocation is 70:30 in favour of equity.

Xuzen

Their numbers excite me.

Xuzen

Your gender is female and you have a wifey. Hey, didn't know you're into LGBT lifestyle. Cool man.

Xuzen

I was in Public Mutual many years ago (since 2008) and before they being strict with the agent intake, we had all sort of people becoming agent. As I attended their CPD event, I use to have sitting next to me; housewives, jual sayur kat pasar aunties, car mechanics by day; financial consultant by night, primary school teachers, uztaz etc.

All they were concern about was to drive sales & incentive (trip to this and that place), nothing else matters. There was no talk about risk-adjusted performance, annualized return, benchmark comparison etc. Those financial things that matters were not talk about.

Pub-Mut was so MLM those days. I wonder whether they have change the mood these days or not?

Xuzen

Yeah, I'll be there incognito. Look for the guy in thick rim glass, thick moustache and a fake belly pouch and speaks with a fake Russian accent. Something like below:



Xuzen

This post has been edited by xuzen: Mar 4 2014, 10:12 AM

One word Pink, Esther Teo. Nuff' said.

Xuzen

Ha ha ha ha, PCSF, the poster child of "Fund becomes no more Fun"

Xuzen

Kenanga is managed by a local gal... homegrown advantage... Jaguh Kampung fund.

Xuzen

chuckle.... another PCSF victim...errr I mean investor.

Xuzen