AmDynamic Bond is getting more and more...
Don't be disappointed if the funds disappoint u.

U should not buy UTs with a mind to profit in a few months' time. Think years, not months.

Article on Ponzi fund:


FSM Fund Choice: Hwang Select Asia (Ex Japan) Quantum Fund [Dec 2013]

1. When it comes to investing in small cap equities, we always believe that active management can create alpha to the investors
2. The recent market turbulence in Southeast Asia region has raised the question whether the price correction is overdone especially in small cap equities.
3. The small cap equities listed in this emerging Asia are often overlooked by institutional investors and stock analysts, resulting greater potential for valuation mismatch
4. To cushion the downside volatility, raising cash allocation is a favourite strategy of the fund manager.
5. Over the past 5 years, the fund registered 27.7% p.a. returns, markedly outpacing the benchmark of 21.4% p.a. It translates to an outperformance of 12.0% p.a.
6. To those investors who share our long term view, Hwang Select Asia (ex Japan) Quantum Fund would be an ideal candidate to gain access to the Southeast Asia small to mid-cap equities

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=4117

 
NAV Price is high....not relevant
NAV Price is low...not relevant
give Dividend...not relevant
no give Dividend...not relevant.

come to think of it..what is relevant then? 

Dividends / "distributions"
er.. may i suggest to U to digest the "distribution" (not dividends) portion again on page 1.
From your writings above, it shows that the concept of distribution and its impact (pros/cons) on a mutual fund has not been grasped fully yet.

As for NAV or price:
U do know the underlying assets of a mutual fund makes up its NAV right?
with that concept, then further it as:
a. Fund A vs Fund B
b. both funds have different stocks and if share similarly held stocks, different amount or %
c. given (b.) how is one to compare NAV /price by itself and say one is cheaper than the other?

I've been where U are before - there are more things to absorb and use as we do & ponder.
Some things which was thought to be too theoretical / un-actionable earlier, will dawn on us why and how later
Just a thought 

if without taking "dividend" issue.....yes, i think i get what you mean by "Cheaper". At times i am also looking at this to make the "go in now" decision.

Pop quiz time:

Let's just say a fund price is RM1.00 today. Tomorrow it issue a unit split of 1:1 and the price drops to RM 0.50. Is it bargain time? Want to show hand into it?

Xuzen

I REPEAT AGAIN

A fund is a fund, it holds many different stocks. E.g. today the fund have Maybank, CIMB, Nestle and Digi. NAV price of the fund is RM1.0000.

Next month, it has Maybank, CIMB, Dutch Lady and Maxis. NAV price of the fund is RM0.9000.

Can u say it is "cheap" to top up now? Yes and no, A LOT OTHER FACTORS TO CONSIDER.

The fund could have dumped Nestle at a (huge) loss, and bought Dutch Lady when it is trading quite high. So, IT IS NOT CHEAP TO TOP UP NOW.

SUMMARY - NAV PRICE IS MEANINGLESS WITHOUT REFERENCE TO THE UNDERLYING HOLDINGS

NAV price behaves very differently to price of a stock of a listed company.

1,000 pieces of RM1 note
2,000 50 sen coins

Got difference?

That's unit trust for u.

Wahhh... mine also suffer, almost no profit already... coz by distribution

Better check FSM website 1st next time regarding any recent distribution before pop ur question here

Chill, bro!

it would be displayed after a few weeks.

if it happens again,
try clicking at the "drop down arrow" beside the "FSM SINGAPORE" word located at the top right corner of the website.
the drop down would display "Fundsupermart Global"
then click at "FSM MALAYSIA"
I think this may help.

my choice...for 1 or 2 funds of the above....AmAsia Pac & Aberdeen Islamic world....