im too much invested in KLSE, so i try not have toooo much exposure in Bolehland for UT

Today Shanghai index down 3%. Go go go

still negative 6%

Hahaha... topup ponzi 1.0 and 2.0 earlier today.

US Q3 GDP @ 5% vs est. of 4.3%

Tonight rally!

Anyone know about Close end fund vs Unit trust fund ?



It has been said that close en fund has so many benefits rather than unit trust fund based on this website :

Conclusion of closed end fund vs mutual fund

Really want to know who got buy this kind of "fund", which actually quote as stock instead of fund.

In Malaysia, the history of CEFs is very scanty. To date, there is only one CEF listed on Bursa Malaysia namely, Amanah SmallCap Fund Berhad (ASFB). ASFB was launched in April 1997, after a prolonged bull on the KLSE and just before the Great Asian Crisis hit in Jul 1997. Shortly after, this one and only local CEF experienced a sharp fall in its share price and NAV. In Aug 1998, its share price plunged to its all-time low of RM0.25. This caused great disappointment and like many other listed companies, left a bitter taste among Malaysian investors.
http://icapital.my/en/part1_what_cef_utf

Wow... get more units lorrr.... as the price now lower edi.

DJIA tops 18k mark.

S&P 500 rises to another record at 2083

But iCapital is also the CEF listed on Bursa Malaysia, i had attended their talks , very attractive which motivate many people to buy. But before buying this, i really need listen to more people's views.

Capital Dynamics asked to disclose chargeable performance fees...Posted on 14 October 2014 - 05:39am ..sunbiz@thesundaily.com

icapital.biz is managed by Capital Dynamics.

http://www.thesundaily.my/news/1198057

Market guru Teng Boo reveals the dirt at ICAP: 'Minority shareholders are oppressing the majority'....Monday, 17 November 2014

http://www.malaysia-chronicle.com/index.ph...3#axzz3MjmganQf


more about it....?
http://www.bursawave.com/stock-search/stoc...l-biz-bhd-3139/

I think it is better for you to start a new thread just for this CIS as this is a FSM thread and if new thread easier for the experienced investors to see and response for some of them did not get into this FSM thread.

This post has been edited by yklooi: Dec 24 2014, 12:10 AM

WTI crude up 3.37%

Later KLCI will rally!

This post has been edited by David83: Dec 24 2014, 05:51 AM

Hmm is today good time to dispose off kaf global equities

[quote=kkk8787,Dec 24 2014, 06:49 AM]
Hmm is today good time to dispose off kaf global equities

[/quoteany chance of global higher in next 1 week

just a note......


Attached image(s)

it has 2/3 in Asia, 1/3 in US, UK, France, Germany and Japan.
as of 31 Oct, 16.8% in US....
why want to dispose?...
yes, the YTD returns is not good.....
don't you need it in yr portfolio?
don't you think Asia will rise in 2015?
if US continued to grow,,,,this fund will too.
if US corrects, this fund will too..(same as most other EQ funds?, even that has no US eq in it)

yes...anytime is a GOOD time to sell, same goes to buying....
if can DCA in buying, why not "DCA" in selling?
because we just don't know what will come next......
just follow your hearts....just don't curse and too much after doing that....
because there is always another chance and another decision to be made in another time....

This post has been edited by yklooi: Dec 24 2014, 08:07 AM

KAF Global Equities is Asia-heavy...2/3 in Asia ex Japan.

If u think Asia has run too fast, can dump lor

Today Japan also opened strongly

But make sure u have a substitute global fund in your portfolio

But strangely that KLCI opens in RED. Down 13 points as of now.

Dah cakap dah...

Dead cat bounce!



This post has been edited by Pink Spider: Dec 24 2014, 09:38 AM

You are so pro