Started early Qtr-3;Yr-2013, after he withdrew from his KWSP. At first he wanted to sai-lang everything into stock market (blue chip like Maybank and Public Bank). I told him... relax, man-man lai. No need to rush.

Xuzen.

Sta-Dev of benchmark usually not easy to find, however, Pub-Mut, despite my criticism, has a very good internal data that, unfortunately less than 1% of UTC knows or will ever use it.

I get the Benchmark Sta-Dev from their internal data which they update quarterly to calculate Modigliani. It is only given to UTC and I bet if you ask any regular Pub-Mut UTC, they will give you a blank look. Even finding someone who knows what is a Sharpe is difficult. The data supplied by Pub-Mut is 3 years annualised. That is what you get when Pub-Mut decided to do UT biz like MLM style.

At first I wanted to write how I do the pay-out for my client, but I decided not too... called it trade secret, something for me to keep on cari-makan.

Actually it goes along the line of Pink Spider's line of thinking with some minor tweeks here and there.

J.passing.by, it is not so complicated.

Xuzen

1% of RM 1,000.00 = RM 10.00

Put that aside; I have just bought RM 7,500.00 into small cap fund and RM 2,500.00 into commodities linked fund. Who wants to follow?

Xuzen

This post has been edited by xuzen: Jun 19 2014, 10:43 AM

Tak mahu

he he he ..... bolehland.

Too overweight on large cap. Too much attention on Lee Sook Yee , need to spread some love to others as well.

Xuzen

This post has been edited by xuzen: Jun 19 2014, 11:31 AM

YTD already gain +50% liao deh.

Chen Fan Fai always buy me lunch for free....LOL!

Xuzen

This post has been edited by xuzen: Jun 19 2014, 01:05 PM

I said YTD = Year To Date. Mana gua ala cakap one day gain 50%.

@Kaka: Is there potential to go upside? How do I know? I don't; I only know that I hold too much large cap which means my risk is concentrated there, hence to diversify, I need to move some to small cap (Bolehland exposure). To put it in another word, my small cap was under-weight.

I also hold Global exposure and Commodites linked fund, their asset allocation is within my target range.

I may tambah my US equities later on.

Xuzen

He he he FSM is da flavour of the day. When I first join this forum Pub-Mut is de-rigeur! Now is bumped.

I am happy the FSM is getting more love these days... hopefully with greater competition, this will make agency based UT comp like Pub-Mut & MAAKL lower their fees.

Xuzen

Your portfolio looks like a buffet table... so much variety and so much overlap of funds.

Xuzen

for the risk you are exposing yourself to through equity based unit trust, you should demand more return. Expecting a slightly above FD rate means your expectation is too low. Be a harsher master to your money! taking risk needs to be compensated with return.

This is after all what CAPM teaches us.

Xuzen

This post has been edited by xuzen: Jun 22 2014, 11:26 PM

Market timing is gamble, may not work.

Xuzen

Should market crash, then consistent good performance fund such as KGF will definitely follow suit, but it is also the first to bounce back among its peer. I will use that opportunity to top up.

Another method I learn from my senior is to switch all to money market first and then do DCA all over again to the equity fund as the mkt recovers (this is use for those more risk averse client, not suitable to all investor).

Xuzen

Money Market Fund for old unker like you



This post has been edited by xuzen: Jun 23 2014, 01:36 PM

Money Mkt acts like a safe forward operating base, a sort of beach head to regroup your funds to tackle the front line.

In essence, it behaves like a FD and is exactly like CMF. It i never meant as a perma place for your money.,, if they stay too long there, your money get lazy. To me, it is a launchpad.

I advise my unker customer as it is... by the numbers.

For Asia Pac ex Japan, I'll recommend CIMB-Principle Asia Pacific Dynamic Income instead of AmAsia Pacific Equity Income fund.

Xuzen

it all depend on the kiasuism of the client, some drop 5% sudah kow peh kow bu, some can tolerate until 20% drop. As front line service agent, we manage client in accordance to their personal risk profile.

when FD starts to rise, it is a matter of time BLR will rise.
Xuzen

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

If you are using a wrap account, where you get unlimited switch with zero switching fee, I would switch from RHB-OSK Growth & Income Focus Trust to Eastspring Investment Dana Dinamik or Hwang Select Balance or as least RHB-OSK KidSave.

Xuzen

KGF beta wrt KLSE is 0.81. Meaning for 1% KLSE increase, KGF increase 0.81%. This is their relationship. I got it from Bloomberg website.

Xuzen

Normal account means you pay SC each time you do buy transaction. You will have to keep your buy-sell to a minimum to keep cost down.

Wrap account, you pay a fixed percentage (1.5% p.a.) on the whole portfolio, but there will be no more SC charge. Meaning you can swicth unlimited times per year and you don't have to pay more SC. Wrap are for people who practices asset allocation or active managed portfolio.

Both FSM and eUT offers wrap service.

Xuzen

This post has been edited by xuzen: Jun 26 2014, 02:02 PM

That is the wrap fee calculated as 1.5% p.a., based on daily rest.

It is like buying a single pass versus season pass to go to your favourite theme-park lor.

Xuzen.