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 Fundsupermart.com v5, Manage your own unit trust portfolio

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xuzen
post Nov 3 2013, 05:46 PM

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QUOTE(jerrymax @ Nov 3 2013, 03:55 PM)
People like me with no epf must force myself to allocate huge savings and UTs.

Should I set up PRS? Dont want to get locked till 55 lei
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Jerry,

You need to be clear of what you want to do with your money. You also need to seperate your savings into seperate accounts/entity and for specific purpose.

Money you put into PRS, you need to be clear that it is strictly meant for retirement and you should not think of it as as your marriage fund, or holiday fund etc etc.

Don't co-mingle the funds around. You need to be strict & be discipline.

Xuzen
xuzen
post Nov 9 2013, 11:46 PM

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still shake head how you guys are treating unit trust like stock market...

Xuzen
xuzen
post Nov 19 2013, 12:01 PM

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QUOTE(Pink Spider @ Nov 19 2013, 09:54 AM)
Not advisable to start investing in bond fund now...interest rates (esp Malaysia) only has one way - UP.

Park in Cash Management Fund and/or short-dated bond funds like AmIncome Plus to protect your capital for now.

Just my 2 sen icon_rolleyes.gif
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How come all the fund which you recommend, I also got holding wan? We both got telephatic power ar?

Xuzen
xuzen
post Nov 19 2013, 12:26 PM

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QUOTE(yklooi @ Nov 19 2013, 12:21 PM)
latest holding of Hw PRS Moderate as at 31 Oct 13
added in Hw Sel Asia Oppor
you are right...1 fund = 4 funds
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He he he.. buy direct kena sales charge. Buy through PRS, tak kena sales charge.

Pandai betui ogang nih!

Xuzen
xuzen
post Nov 19 2013, 01:53 PM

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QUOTE(Pink Spider @ Nov 19 2013, 01:32 PM)
But got tax penalty if exit pre-55 whistling.gif
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Penalty = 8%; tax bracket @ 26%; note to self: loop-hole alert.... drool.gif

Xuzen

xuzen
post Dec 4 2013, 11:28 PM

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QUOTE(guy3288 @ Dec 4 2013, 10:25 PM)
I just read the first page as pointed out by pink spider. That seems rather academic, not much value in practice.

To me , what's important is the practical aspects.

I say the price is important. Dividend too.

Because end of the day, when we cash out, it is the dividend collected and the proceeds that we get that counts.

For the same UT, say Pink Spider bought at RM0.55 and i bought it at RM0.45, i say yes i got it cheaper! Pink spider is pissed off with this "cheaper" remark.

Why is price important?? Becos at RM0.55 for RM100k, PS only got 181,818 units, whereas at the cheaper price of RM0.45 i got  222,222 units.

End of the day when you redeem it is the number of units that you have and again the PRICE that you sell plus the dividend that you have got, that add up to your proceed.
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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
xuzen
post Dec 5 2013, 08:42 PM

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QUOTE(guy3288 @ Dec 5 2013, 02:09 PM)
Gosh, u cant appreciate that was a sarcastic reply to Xuzen who thinks we know nothing about split and price drop.
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Wow! you do know something about split and price drop. Congratulations.

Xuzen
xuzen
post Dec 11 2013, 03:04 PM

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I don't know where to put this and I do not wish to create a new thread so here goes:

I received something interesting from my CFP alumni newsletter. It seems that Sec-Com will allow M'sians to buy SG and Thailand unit trust directly as early as Qtr-1/Y-2014. I forsee they may expand this to other ASEAN countries, such as Indonesia and Phillipines. But forget all those, having access to SG alone will open up our choice to almost 2,000 new off-shore funds without going through middlemen.

It is existing times indeed.

Xuzen


xuzen
post Jan 12 2014, 05:25 PM

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QUOTE(nightzstar @ Jan 12 2014, 03:42 PM)
hi wanna seek advise from you guys, is it wise for me to switch from hwang select bond fund or maintain at the moment? because my financial advised me to switch rhb-osk bond which invest in china market. am skeptical over china market.
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Nightzstar,

If you are believer of modern portfolio theory and uses it for investment, then you would realised that bond or fixed market portion of your protfolio is to decrease the beta (volatility aka risk for lay-man). Hence, your bond selection criteria should be which one gives me the highest ROI and smallest standard-deviation. It is not which one invest in China or India or what's not. You are asking the wrong question.

BTW, when I construct portfolio my portfolio, the two bond funds you mentioned is not in my selection criteria.

I let the equity fund generate my alpha (aka ROI for lay-person). To me, the bond fund is to help me stabalize my overall portfolio volatility, not to generate the ROI.

Xuzen


xuzen
post Jan 12 2014, 05:44 PM

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QUOTE(ben3003 @ Jan 12 2014, 05:35 PM)
so what kind of bond fund actually meets ur criteria? share share pls biggrin.gif
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Criteria: Highest ROI and smallest standard-deviation

If your are FSM customer, look under their fund selector, and see which one the fixed-income fund has the highest number for Risk-Rtn ratio. You will get the answer.

Xuzen
xuzen
post Jan 13 2014, 11:34 AM

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QUOTE(ben3003 @ Jan 13 2014, 10:34 AM)
Amincome plus, risk/return ratio 12, so high. but looking at it ROI, my God, even put FD also way better.. So what's the point? biggrin.gif
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Amincome Plus is the fund I am using as an anchor. You may use FD as the anchor.

The point is pragmatism.

If I am in FSM, I put in AmIncome I can switch in and out with a click of a button. If I put in FD, I need to go to the bank and do all the physical transaction. Plus FD has a lock in period, AmIncome doesn't. I can rebalance anytime I want.

Again, I need to reiterate, the bond part is not for you to generate alpha (ROI), it is to reduce beta (risk) in your portfolio.

Xuzen

p/s @YkLooi, you cannot compare risk/rwd ratio inter-asset class. This is the limitation of this measurement. You need to compare the ratio withing similar class i.e., equities to equites; bond to bond. In other words: apples to apples, orange to orange.


xuzen
post Jan 13 2014, 11:40 AM

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QUOTE(Pink Spider @ Jan 13 2014, 11:37 AM)
But 2013 AmIncome Plus underperformed benchmark hmm.gif

Cash Management Fund outperformed it laugh.gif

Talking of which, RHB-OSK Income Fund 2 (formerly OSK-UOB Income Fund) also not bad. Yes it's not spectacular, but it does the job.
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OK, I will check on the two fixed income funds you mentioned. In fact I was in a dilemma between AmIncome Plus & Eastspring Inv Bond. However, my conservative side won and I used AmIncome Plus as my anchor.

Xuzen

This post has been edited by xuzen: Jan 13 2014, 11:42 AM
xuzen
post Jan 17 2014, 10:51 AM

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QUOTE(Zdes @ Jan 17 2014, 10:46 AM)
I'm planning to increase my global allocation by topping up Aberdeen with the promo...now that Aberdeen can't buy,is there any other option for global equity?
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AMOasis Syariah Global Equity (feeder fund).

Xuzen
xuzen
post Jan 22 2014, 11:35 PM

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Folks,

I am in a dilemma.

I am a user of Markowitz's modern portfolio theory. Lately, many fund manager/analyst are recommending overseas stock/funds. When I do the computation (based on historical risk-adjusted performance measurement), the numbers does not justify for me to step out of Bolehland. Simply either our local asset management company are Jaguh Kampung or the cost are not attractive enough.

Nonetheless I do still go a little by little into overseas fund (usually feeder type) and dare not go headlong into them as recommended by analyst or fund manager.

My question to ask fellow forumers, should I stick to my guns and follow strictly the numbers? Am I missing opportunities by being overly cautious and being too academic?

Feedback? Discussion?

Xuzen


xuzen
post Jan 22 2014, 11:50 PM

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QUOTE(wongmunkeong @ Jan 22 2014, 11:48 PM)
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?
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Apa nama produk nih, bang?

Beli kot mano?

Sapa jual?

Xuzen
xuzen
post Jan 22 2014, 11:51 PM

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QUOTE(yklooi @ Jan 22 2014, 11:44 PM)
from page #6 of this articles...there are data like Std dev (1 yr), Rtn/Risk, Ranking (Abs), Ranking RAR......maybe can help selection of some or the m'sia, asia x jpn, global and emerging funds easier....ultimately...is the first plunge.

https://www.eunittrust.com.my/pdf/fundview/...cus_Jan2014.pdf
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Their data is one historical year only. No confidence lar...scare.

Xuzen
xuzen
post Jan 24 2014, 02:07 PM

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AmCommodities went up 7% in less than a month... Heart must be steady. This are the type of high beta fund that will substitute coffee for me.

Dumping my AM Asia Pac REITs for Eastspring Global Leader MY Fund. REITs suxs!

Xuzen

This post has been edited by xuzen: Jan 24 2014, 02:11 PM
xuzen
post Jan 24 2014, 02:27 PM

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I have a question wrt feeder fund annual expense ratio:

Let's take Eastspring Global Leader MY Fund which is a feeder for M&G global fund.

I checked out M&G Global (mother fund) and its AER is 1.67% and E/S Global Leader AER as listed under FSM website is 0.2%; does that mean in total I am paying 1.67+0.2 = 1.87% AER?

Xuzen
xuzen
post Jan 24 2014, 09:32 PM

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QUOTE(jutamind @ Jan 24 2014, 08:59 PM)
why do u choose Global Leader over other global fund such as Aberdeen World Fund?
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Simple... Abeerdeen is a new kids on the block. I auto filter those with less than 3 years historical.

E/Spring Global LeaderMY is >95% into global MNC such as Apple, Microsoft, Samsung etc.

Xuzen
xuzen
post Jan 24 2014, 10:26 PM

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QUOTE(jutamind @ Jan 24 2014, 09:47 PM)
the reason i ask so is i'm filtering to this 2 funds as well. but if i look at the mother fund for Global Leader, it's underperforming the benchmark.
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That is the problem with M'sia UT. Most are just Jaguh Kampung when we want to for good off shore fund, none are available. That is why I am now only targeting up to 10% in offshore feeder fund.

Well, I guess when you are given lemon, make lemonade.

But good news are near the horizon, by 2H-14, we in Bolehland can buy SG UT directly, so we will get an explosiong of choices by year end.

Xuzen

This post has been edited by xuzen: Jan 25 2014, 03:38 PM
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