I use solver.

Xuzen

And some pink arachnid still want to go shopping at Europe!

Xuzen

This post has been edited by xuzen: Jan 27 2015, 09:25 PM

My sifu ajar lain punya.....sell and buy to maintain the pre-set ratio.

Xuzen

The word wife and glorious, hot, steamy sex appearing in the same sentence is an oxymoron. Wife is for procreation.

Xuzen

when your capital is like RM5,000,000 the difference is basis points makes a difference. So don't pandang rendah the Difference.

Xuzen

I became financially literate at 40.

If I were investing much earlier... i could be living of purely from my investment now.....

Xuzen

p/s I always have this fantasy that Pink is as beautiful as the avatar presented. Can talk dirty, can discuss investment... what a dream date. In reality Pink is probably a skinny pimpled faced nerdy boy who loves guzzling on cheap 3-in-1 coffee and working as a lowly paid accounts clerk for some chinaman company.

This post has been edited by xuzen: Jan 29 2015, 03:05 PM

Bond is actually a very interesting asset class especially when you get to calculate its duration, modified duration, convecity and its IRR. Buidling a portfolion of bond is as complex if not more complexs than equity fund.

Xuzen

I I started investing at age of 20 or day one of me started working.... I would be able to live off my investment purely today.

Xuzen

CIMB-Principle China-India Fund lor....

Xuzen

Thousand of apologies... is RHB-OSK China India Dynamic Growth Fund.

Xuzen

Not protected by PIDM does not mean it is doom and gloom, because UT is protected by a different mechanism.

Money you transfer into FSM is put in a FSM Client Trust Account which is separate from FSM current account for their normal day to day business transaction. Your money in the CTA is then transfer to the Fund's trustee.

For example, say you want to buy Eastspring Small Cap Fund, then the fund manager who manages the Small-Cap fund uses will call up Deutchebank (fund trustee, which is a third unrelated party). The fund manager will give the instruction to Deutchebank to buy this stock or that stock as long as the assets are according to the trust deed (as stated clearly in the fund prospectus).

Money will come out from Deutchebank account and any stock sold, the proceeds will return back to Deutchebank. Hence Eastspring will not touch the money except collecting the annual expense.

In the event the fund manager cease business operation, the money at the trustee will be returned to the unit-holders.

In the event the trustee cease business operation, the money will be transferred to another trustee company (there are many of them licensed in Malaysia).

Hope this clears up the structure of UT in M'sia.

Xuzen

I still have the bare minimum invested in Pub-Mut fund just to qualify to buy their awesome super-duper cheap group medical card, life and Critical Illness policy.

Xuzen

Yes! Top up another 900k, get super duper awesome personalized service, a choice of personal concierge who can speak Viet, Pudonghua, or Thai...

Xuzen

Xuzen

In a normal functional market, there is a tendency for the performance to regress to the statistical mean. With this knowledge, that is why a fund with consistent performance should continue to perform well until something unexpected happen such a black swan event or change of the fund manager.

To evaluate a collective investment scheme the academian i.e., those Ivy League professors, those Nobel Prize winners and those professionals from Goldman Sach or Morgan Stanley uses something in common; Risk-Adjusted Performance.

Some of the common measuring parameters to evaluate a fund are:

i) Sharpe ratio (most common)

ii) Sortino ratio

iii) Modigliani ratio (complex but awesomely accurate)

iv) Jessen-Alpha Ratio

The above are some of the measurement to evaluate a fund performance. You can google all those terms for further explaination. You see, smart people have over the years created measuring parameters to help investor select good performing fund and to prevent them from blind investing.

Xuzen

This post has been edited by xuzen: Feb 3 2015, 10:44 AM

These people ar.... so typical engineer mind-set; spending wayyyyy too much tinkering with the processes!

Ooi People! There are money to be made out there in the wider market... not by looking at your beloved Excel sheet lar!

Look forward and make money; not insular looking at your excel spreadsheet lar!

Xuzen

My data as of Jan-15 underweigh Eurozone!

Latest i.e., Feb-15 data not out yet. My CIO maybe too busy eating yee-sang liao!

Xuzen

Sensexy is like dat wan... veli volatile leh!

Cannot tahan pedas; jangan makan cili-padi!

In professional speak, "Sensex is a highly volatile index; exposure should commensurate with one's risk level"

Xuzen

Xuzen

You want awesomeness?

You can't handle the awesomeness!

I give you awesomeness now: Affin Hwang Select Bond fund.....


Esther Teo the hot and awesome FM for fixed income in Affin Hwang.



Xuzen

p/s Pink, your em gai can help you make money or not?

This post has been edited by xuzen: Feb 9 2015, 01:33 PM