just realised that there's explanation in the 1st post.

it's the same as if there's no distribution at all. you can never know the dropping of price when there is no distribution.

some folks think that mutual funds = stocks,
not understanding mutual funds' NAV is a pure mathematical value of it's underlying assets (stocks, cash, debt instruments, etc) LESS charges (eg. yearly mgt fee minused daily from the value).

thus, logically - whether a fund's NAV down or up, it doesn't necessarily mean value or over value, unlike stocks - eg dividend paying stocks, which the Dividend Yield increases as the price goes down a lot (assuming dividend paid out is similar to last).

anyhow, to each his own reality & POV lar - i'm just stating statistical facts, not "feel" yar 

Sifus.. I still cant find a particular fund. My portfolio is equity heavy thats good which I'm doing monthly dca. However in view I have some extra cash and am interested to top up or buy into a fund under the recommended listt that can enjoy 1% using lump sum instead of dca. Cant find a fund consistently give more than fds return. Was looking at eastspring small cap is it suitable for lum sum at this time

  would you said that, if you had read this posting before......
posted in Mar 2014.... (now is july...had gone up more since than).

"Since January 2013, the gains in the stock prices for the small cap stocks were due entirely to higher valuations. In fact, during this period, earnings and dividend growth were both negative.

This explains why the P/E ratio for FBM SCAP Index went up by a significant 179%, much more than the gain in the index of 47%.

Please let me repeat. Prices for small cap stocks have risen by 47% since January 2013 at a time when the earnings and dividends of these same companies have fallen.

Is that reasonable? Yes, if the starting valuations were low. This was true in January 2013 when the P/E ratio was 9 times and price-to-book ratio was 0.75 times for the FBM SCAP Index.

Is it still rational now? The P/E multiple today for the small caps is 25 times and the price-to-book ratio is 1.10 times. Even if you believe in the stock market, it is better to switch to the FBM KLCI stocks.

It should be noted that the FBM SCAP price to book is almost always below one time (please see Chart 2). The reason for this is simple. Why would you buy a small cap, illiquid – and sometimes risky -- stock above its asset value?"

read entire article and charts and data at
http://www.theedgemalaysia.com/highlights/...nal-values.html

I don't think this is quite fair. I would guess that many would prefer to keep non-equity assets in FD and property, which wouldn't be captured in FSM's data. Speaking for myself, I do hold a significant amount in bond funds but I don't see much point in it myself. May as well park in cash management fund or long-term FD.

Im thinking of investing 80K into Kenanga Growth Fund and another 20K into ES Small Cap just to balance my risk. Is this a wise move?

Do they dare enough to increase it? There is pressure now on them.

nice haha.. make no sense to park in bond currently.. up down up down more or less like CMF liao, without the flexibility

Ha.. so you are the one that caused the drop today lol

Market returning to green today... bold green.

Don't FSM sell Public Mutual Funds?

hmm, well, 
THe service charges in FSM is one off service charge or Front-End Load Funds?

Well like i said earlier. Im going to invest about 100K into both KGF and Eastspring Small Cap. Your thoughts?

(P/S: Dont know what that earlier guy told us to calm down....i think it was a very healthy discussion we had rite?  )