Going back a year or thereabouts, FSM was promoting China funds on the basis of low P/E ratios, IIRC.

I recall making a comment that China Funds are volatile and basically a hit-and-miss proposition.

On the basis of making a call which turned out good, kudos to FSM. On the basis of the 5-year performance for, say, RHB-OSK Big Cap China, the return is a grand total of 2.9552% pa. Overall, what that means, you decide.

One of the things that happens to other people often goes something like this:

- market goes up, don't do anything. Because should not buy high, sell low -fair enough.
- market goes up again, still don't do anything. Because should not buy high, sell low - fair enough.
- market still keep going up and up, cannot tahan, BUY!
- market turns and keep dropping after that, alamak...

Did you reply to their email? You need to reply and request for them to adjust your sales charge.

Since you rounded up, including CMF, its unclear how you did your actual calculations.

Just a note that the meaningful representation should IRR, not ROI.

A significant factor in the performance of funds is the exchange rate.

For eg, MYR dropped 15% against USD in the last 6mths.

This has a direct impact if you have foreign funds. Even if you don't, the indirect impact is that overseas traders' behaviour in the local market is affected by the exchange rate, or at least their perception of the exchange rate.

One of the things you really, really, really, need to learn is to IGNORE dividends, because they make no difference. In fact, they are not called "dividends", because they are distributions.

Why? To start your enlightenment, start reading from post no. 1. Read it, digest it, and get educated. Pink has it all explained.

This can be classified as soliciting business, maybe via PM, and can get you banned.

Fine line, I know.

Yes, give to Pinky. Looi is an RSS contributer. (In some LYN areas, apparently they battle for the privilege)

Pinky, please add some clarification between "dividends" and "distributions".

In particular, point out that funds give "distributions", not "dividends". Which makes it easier for investors to tell they are not the same thing.

This is NOT about what you think you already know.

This is about what Fund Houses call it - they call it distributions.

Do you have an example where Fund Houses call it "dividends"?. If so, please provide a link.

For eg, this is from FSM

GROSS INCOME DISTRIBUTION RATE
NET INCOME DISTRIBUTION RATE

Please point out where they call it dividends?

** don't worry about noobs, see my later post **

This post has been edited by howszat: Feb 27 2015, 10:12 PM

Dont' worry about noobs.

Dividends are not applicable to Funds. Funds give distributions, not dividends.

PS: Please edit the initial post accordingly, thanks.

This post has been edited by howszat: Feb 27 2015, 10:21 PM