er.. anyone checked their FSM's holding, via:
My Investments >> View Holdings >> By Asset Allocation
At the bottom - GRAND TOTAL, the Profits $ and %

Scared the living kaka outa me - i saw mine as $xxx,xxx and yyy.yy%!!
I wish it was true heheh
Bug report? or is am i the only one seeing this?

Just to clarify, FSM.MY platform fees are only charged for certain bond / fixed income funds, not all funds.
http://www.fundsupermart.com.my/main/faq/faq.svdo?id=8467

Using your eg. assuming it's a bond fund that is charged (not all bond funds are charged platform fees):
1. U buy $10K of NAV$1
U get 10,000 units
No deduction outright
Only deducted per quarter from CMF, "best performing fixed income fund", etc
AND if U sold before the quarter - the fees will be deducted from your sales

2. Yes, if (1) went up 10% and the yearly fees is 0.2% then:
NAV $1 *110% *0.2% is chargeable per unit for the year
(er.. i'm simplifying to 0.2% per year yar, the actual is calculated & charged per quarter)

Stand to be corrected - just my understanding from the link

Similar situation - mine's 4.4%pa
Currently haven't found any worthwhile areas of opportunity to buy in (other than quarterly programmatic value investing - think DCA die die will do wan, no IFs no Buts). Not worthwhile to pickup bonds too since the spread of 4.4%pa (cash in flexi mortgage) vs long term CAGR of bonds 5%-6%pa is not worth the risk to me.

Personally if i was FORCED to buy (eg. hit my Asset Allocation trigger to reallocate cash/bonds to equities), i'd buy into:
1. China via ETF
2. Indonesia via ETF
3. or if chicken, BRIC combo via RHB GS BRIC

Just a thought

This post has been edited by wongmunkeong: Nov 20 2013, 08:18 AM

Yup <raises hand>

my bad - when i dug for the email to screenshot & share here...
er.. RHB - OSK thing.. mixed up with the next email there from Affin (i've a stock account with Affin )

A thousand apologies <getting old & nyanuk - like Mr. Nobody, everything mishmashed>

er.. it' 10:31pm on my PC & all's the same with FSM.MY ar, even log-in.
U've been hacked or your routing gone nuts?

Personally..
a. Asset Allocation + subAsset Allocation to finance your goal(s)

b. then fit above average funds or stocks into (a.) - see track record &/or with combination of world's markets situation
eg. when China was lelong 1900-2000 load up part by part China funds which have shown better than average performance VS other China funds

c. then investing methodology (entry/hold/exit execution rules) for (b.)

Gark shifu + Pinky anyfistisgoodfistaslongaswin additional inputs/thoughts?

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

This post has been edited by wongmunkeong: Dec 5 2013, 08:23 AM

gf = singular, not properly asset allocated nor diversified sub-asset wise.
gfs, from 2 Asian Emerging + 2 Asian Developed + 2 Non-Asian Emerging + 2 Non-Asian Developed Markets
now that is better

Just to share:
Eastspring Small-Caps, i've held since 2005 (called Pru Smallcaps those days).
This binatang has hit 25%+pa before 2008's kaboom.
Currently, showing 15%+pa in my own tracking.
Looks to be a good "long-termer", especially via FSM. Paid 6%+ service charge for mine those yester-years and still nice %pa long term

This post has been edited by wongmunkeong: Jan 7 2014, 09:43 PM

er.. mine's %pa since 2005 leh, since i bought & held, inclusive of losing the 6%+ on service charges
Vs
FSM's 2013 only (eg i suspect they calculated 1st Jan 2013 till 31st Dec 2013, excluding or including service charges unsure )

This post has been edited by wongmunkeong: Jan 7 2014, 10:01 PM

er.. ya gua, if U mean cumulative ROI = Excel's XIRR (cash out & date out VS value held now & date now)

er.. today Penang mar FSM's event right?,
coming Sat 18th Subang Jaya, nearly next to me door steps

Pink Spider - not going ar? After that go Mentari lots of char kuat & ah mois in pubs to hug hug neh

Sifu of zzz ada lar
Was topping up yearly those days.
Nowadays waaaaaaaay too heavy in MY (like 17%!! er.. inclusive of EPF & EPF-approved funds).

Moving out to other countries, mostly SG (direct REITs), BRICs (RHB GS BRIC +direct ETF CIMBC25) & Developed Mkts (CIMB Principal Global Titans).

U leh?

coz maybe they aren't part of the fund houses that are participating in the 0.5% promo?

Crazy man.. i went out to tah pau and stuff, thus early there - before 9am.
Even then, bloody crazy queue for registration and like pasar malam

Yup for all transactions captured today for SPECIFIC 142 unit trusts
Things like Manulife no play
CIMB Principal Global Tit Fund, RHB-OSK GS BRIC Fund, the infamous HSAQ, etc ok

yup, HAQF was at 0.5%

How about using low cost entry and low annual mgt fees ETFs that covers a swath of area, like Developed Mkts (1) and Emerging Markets(2)?
OR even region specific ETFs, where U can map back to your Efficient Frontier model asset & sub-asset allocations?

Stock Exchange lar dik
eg. from US Exchanges
DIA SPDR DJ Industrial Average ETF Trust
EEM iShares MSCI Emerging Markets
EFA iShares MSCI EAFE
EWJ IShares MSCI Japan
EWW iShares MSCI Mexico Capped
EWZ iShares MSCI Brazil Capped
FXI iShares China Large Cap
IWM iShares Russell 2000
QQQ PowerShares QQQ Trust Series 1
SPX S&P 500 Index
SPY SPDR S&P 500

eg. from KLSE
CIMBC25 China 25 largest caps
CIMB40 ASEAN 40 large caps - well, not ALL of ASEAN, mostly SG, MY, INDONESIA, TH

KLSE U tau kan cam mano beli?
Tuk ETF US - senang tapi lebih mahal inital commission = sign-up for online trading/investment via HLeB, CIMB, etc.

a bit more susah setup - signup with OptionsXpress SG, all via email and scans.
Less than HALF the commissions each buy/sell.
Tapi, to move $ in / out of account susah-er a bit and costlier - transfer using wire (even online MBB to their US HQ a/c).