Q1: Why?

Q2: How long have you invested in Ponzi 1?

A1: Because it's performance has been disappointing. To date, the profit I made is only 0.36%. It is the worst performing fund in my portfolio. More importantly, as at 31st January 2015, it has a 27.5% exposure to the Malaysian share market. I am trimming down my exposure to KLCI. I hope to be proven wrong but I still believe that we are now trading at the peak of the market for KLCI.

A2: Less than 1 year. I know, I know, we should stay invested for at least 2-3 years, see how the fund perform as compared to its peers, etc. BUT there are so many better alternative funds out there.

Information extracted from the Public Mutual Weekly Review for the week ended 13th March 2015

As at 13 March 2015, the local market’s P/E valuations are above historic levels: - P/E valuation: prospective P/E of 16.2x versus the 10-year average P/E ratio of 15.6x. - Dividend yield: 3.21%, which is lower than the 12-month F.D. rate of 3.35%*.

The regional market, as proxied by the MSCI Far East ex-Japan Index, is trading at a 12.5% discount to its 10-year average P/E ratio: - Regional P/E valuations: 11.9x versus the 10-year average P/E ratio of 13.6x.

SE Asia grabs more FDI than China for 2nd year....17 Mar 2015
Southeast Asia's major economies drew more foreign direct investment combined than China for the second straight year in 2014, as growth in their giant neighbour cooled.
Overall FDI into Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam rose to a record $128 billion in 2014, estimates compiled by Thomson Reuters show. That surpassed the $119.56 billion that flowed into China.
FDI into the Philippines grew the fastest, at 66%, while in Thailand, where the military seized power last year, inflows fell. FDI into Indonesia, the region's biggest economy, rose around 10% even though it was an election year.
http://www.bangkokpost.com/business/news/4...na-for-2nd-year

Eh, that cannot be right? Did you invest in long term bonds with moderate risk? That could be the reason. If we invest in short to mid term bonds with low risk, then we should not be making losses.....

But if your definition of "not doing WELL" means not meaning much profit, then I think this is normal for bond funds.

All? how mny ? which fund eh?

not doing well for me is not even achieving FD returns.

AmDynamic
Kenanga Bond

see above reply..

But the total return for RHB BRIC last year was only 1.42% wor? Even RHB OSK Islamic Bond Fund beat it with a 5.91% return.

Yes, RHB BRIC has picked up a lot this year. Is it too late to join the party? I suppose it is OK if we invest in it for a short term period as a supplementary portfolio. But to my mind, still very high risk...

YES,..i feel your "Pain"
i got this feeling too once....


Attached image(s)

yes...as a supplementary...4% of portfolio.
wanted to get into Russia and Brazil...

well to be fair, that was a bad time to be invested in bonds... i was in bond fund with public mutual. it picked up a fair bit by end of the year...

then i pull my funds out and put it with FSM.

Haiz...sorry to hear that bro. You may want to consider:-

(1) RHB OSK Islamic Bond Fund (watch out for the redemption fee and switching fee though and this fund is more volatile!)
(2) RHB OSK Bond Fund (watch out for the redemption fee and switching fee again!)
(2) Libra Asnita Bond Fund
(3) AMB Dana Arif Class A (recommended by FSM)

Any of the above funds should perform better than FD.

Good luck!

This post has been edited by Vanguard 2015: Mar 17 2015, 05:23 PM

yar lor...i did try to do diversification...thinking that BOnd and Equities would always go opposite ways and thought that having about 20~30% bond in my portfolio would be safe for me.....
100% EQ also no effect if the timing is not good too.....made just 2.xx% at 100% EQ whole of last year.....(FD lovers would really loves me say this) ha-ha.

Well best of luck. I also have supplementary portfolio in other high risk unit trusts. For eg. AmPrecious Metal....lost about 12% a few days ago. Now recovered a bit but still lost 9.51%

This post has been edited by Vanguard 2015: Mar 17 2015, 05:43 PM

Hi Investor,

Good day,

People's Bank of China (PBOC) announced on 28 February that a cut on benchmark interest rates for financial institutions would be effective from 1 March. The one-year lending rate was lowered by 25 basis points to 5.35% and the one-year deposit rate was lowered by 25 basis points to 2.5%

Positive Impact of Lowering Interest Rates

1. The rate cut helps reduce the financing cost for companies. Lowering interest rates means directly reducing the cost of borrowing from banks, which helps enhance the companies’ profit. This would in turn stimulate the investment sentiment among Chinese enterprises and benefit the development of the real economy.

2. Cutting interest rates would fuel the depreciation pressure of the Yuan. Do note that a weaker Yuan will help increase exporters’ competitiveness, thereby improving the Chinese economy and boosting the overall investment value of Chinese equities.

3. Chinese and Hong Kong equities offer much better long-term upside potential than other developed countries; their upside potential is also more attractive than that of most of the emerging markets. Driven by the rate cut, the Chinese equity market still has a very optimistic prospect and this is the reason why we gave it a 5-star “Very Attractive” rating.

At this junction, we still see relatively high potential upsides in this market compare but accompany with volatility. It may not be suitable to everyone but aggressive investors with long investment horizon or higher holding power should consider this market in their supplementary portfolio. If you are relatively conservative, you may consider choosing Asia ex-Japan funds with some China exposures.

I believe that patience, value-driven and long term mindset are needed for aggressive investors to harvest gains while waiting for the market to reflect its fair value.

Please do not hesitate to contact us if you need any assistance.

Thank you and have a pleasant day.

Alright.. Will look into AMB Dana Arif later..

So now your bond is CMF2?

20% in CMF, 10% in 3yrs fixed maturity fund....

RHB-OSK Asian Total Return and EM Bond doing well for me...IRR beats FD hands down