FSM keeps recommending Russia. This seems insane to me, given the risk of more Putin adventurism and increased sanctions from the rest of the world. Not to mention the moral issues involved.

Thread derail so I don't want to go into this too much. But I very much believe that Putin is evil and poses an existential threat to the world. Certainly the people of Poland and the Baltic countries (among others) are behaving as if the danger is very real.

Hmm, FSM now selling wholesale funds from Franklin Templeton but only to qualified investors. Too bad I'm not a qualified investor.

What do you guys think of the CIMB Principal Titans Fund right now. I already have some and it's still significantly in the red. Seems extremely volatile. At one point in April, it was more than negative 5%. But I'm already sitting on too much cash and feel like buying something.

Hmm, two of my global funds that I bought because they were FSM's recommendations, KAF Global and CIMB Global Titans, are now off the list.

I was going to put more money in because of the FSM 1% offer over a wide range of funds, but I guess now would be a bad time to buy?

The only obvious undervalued region to me would be China and it makes me nervous. Which specific funds on offer are you positive about?

Nice link. Didn't know about this before. Also interesting that he shares his personal portfolio, although most of his his fund choices don't seem to be available on FSM Malaysia.

Finally, his total portfolio value is only around SGD500k, which seems low to me given the seniority of his position at FSM Singapore.

https://secure.fundsupermart.com/main/commu...svdo?pid=P11762

Forgot to reply to this earlier, but 30% cash still seems like quite a bit to me. Are you actually expecting a crash with that level of cash in hand? I myself have been holding quite a fair of cash for over a year now. It seems to be dragging down my returns while at the same time there doesn't seem to be enough market corrections to create buying opportunities to take advantage of the cash cushion.

Yes, I did. I earned a lot of money in May 2013. But subsequently sold and then couldn't really find much to buy up to now. So you think it's worth keeping the money for over 6 months to a year just for such occurrences?

Dude, Pink Spider opened this thread and wrote the very extensive FAQ right at the beginning. He has also posted extensive calculations explaining why his explanation is correct. You posted calculations of your own but when challenged you failed to defend them at all. When questioned on the specific funds that you bought to achieve your claimed returns to independently verify if the claims are plausible, you also declined to answer.

But somehow you believe that you have more credibility than Pink Spider?

One minor difference may be that as Pink Spider says in the FAQ, distribution matters to people who choose to receive it as cash. Surely it matters to the fund managers too because they would need to divest assets to raise the cash to pay cash distributions. If a fund announces a relatively high distribution and many choose to take it in cash, this may have some effect on the fund's overall strategy?

One thing I realize I don't really understand is why some portion of distributions are taxed.

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.

This is why I am so reluctant to buy into the China funds, despite strong recommendations from FSM...

Why sell PM funds? If you have already bought them, then surely the sales charge is irrelevant. You just don't buy any more.

So how to gain exposure to global equity without using local managers?

My CIMB Global Titans is really taking a beating. Ouch!

So you just ate the 2% buying charge for Global Titans? Seems expensive, especially after you already paid the charge for the other fund the first time around.

Russian invasion of Ukraine confirmed.

http://in.reuters.com/article/2014/08/27/u...N0QX27V20140827