Will be investing in this one soon.

RHB-OSK EUROPEAN SELECT FUND

New fund, probably soon on FSM

Launch on Monday, starting on 23rd..

RHB-OSK EUROPEAN SELECT FUND

Anyone looking into this fund?

RHB-OSK EUROPEAN SELECT FUND not available on FSM?

I bought through bank, 3% sales charge and i dont even meet those requirements

This post has been edited by Nauts: Mar 24 2015, 05:50 AM

Alliance Bank

RHB-OSK European Select Fund

Bought this one from bank, 3% SC

New RHB OSK fund price page is not pleasing to the eyes

Hong Kong stocks soar as investors flood market

Boom! Hong Kong stocks have surged over the past two days, as investors flood the market with wads of cash.
The Hang Seng Index hit its highest point in seven years on Wednesday, the first day of trading after an extended holiday. Hong Kong stocks continue to soar on Thursday, pushing the market up 6.6% this week, and about 14% this year.
Analysts say investors are turning to Hong Kong after a dramatic 22% surge this year by the Shanghai Composite has made that market too expensive.
"Our understanding is that the rising valuation gap now makes Hong Kong-listed Chinese shares compelling bargains to [mainland] investors," wrote Nomura equity strategist Wendy Liu in a research note.
Many of China's biggest companies are dual-listed in Hong Kong and Shanghai, and savvy investors have long turned a profit by playing off the different share prices in the two markets.

http://money.cnn.com/2015/04/09/investing/...x.html?iid=Lead

Fed rate hike reverse: September now more likely

By Patrick Gillespie @CNNMoney


The Federal Reserve's fears that the strong dollar could hurt the U.S. economy are bolstering concerns that a rate hike could be put off until September.
According to minutes of the Fed's March meeting released Wednesday, the dollar's strength was the focus of several committee members.
"Several participants noted that the dollar's further appreciation [between January and March] was likely to restrain...economic growth for a time," according to the minutes.


Lackluster consumer spending and tepid wage growth also made the list of worries at the central bank. Those two things and the strong dollar seem to be giving the Fed pause, though they do not explicitly forecast what they plan to do.
Many experts last year thought the Fed wouldn't raise rates until the second half of 2015. However, good job reports in January and February encouraged the Fed to possibly speed up its rate hike launch date.


The Fed's committee removed the key word "patient" from its statement in March, opening the door for it to raise interest rates in June for the first time since 2006.But then -- two weeks after the Fed's meeting -- the disappointing March jobs report came. The U.S. only added 126,000 jobs in March, and job gains for January and February were revised down. Some believe March's jobs report was due to the harsh winter weather, but it did raise questions about whether the economy is losing steam. It was the worst month of job gains since the end of 2013
Add on dollar pressure and weak consumer spending, and it now appears a Fed rate hike is likely on hold until September, according to several economists surveyed by CNNMoney.


"The real danger is moving too quickly and undermining an improving, but still fragile recovery," says Robert Denk, chief economist at the National Association of Home Builders. Denk moved his rate hike forecast from June to September.


http://money.cnn.com/2015/04/08/news/econo...?iid=SF_E_River

AmAsia Pacific Equity Income# 1.0028

Cool !!!

FSM's NAV is x.xxxx

Bloomberg rounds up the figure as do some of the fund house websites, example x.xx

Which to follow?

Beijing's bid to rein in speculators could hit Hong Kong stock market
Regulator tries to ease market fears, saying it is 'protecting investors'
PUBLISHED : Sunday, 19 April, 2015, 5:25am
UPDATED : Sunday, 19 April, 2015, 6:00am

Ray Chan
ray.chan@scmp.com




The Hong Kong stock market is expected to take a hit after Beijing announced measures to rein in speculation, after the country's benchmark index doubled in 10 months to its highest level since March 2008.

Late on Friday, regulators announced that fund managers would be allowed to lend shares for short selling, while some margin trading would be banned.

Chinese stock-index futures and US-listed Chinese stocks tumbled after the announcements by the China Securities Regulatory Commission and the Securities Association of China.

Last night, the CSRC moved to allay market fears of a clampdown, saying on its microblog that the measure was not intended to encourage short selling, nor depress the market. "Investor protection is part of developing the capital markets," Deng Ge, a spokesman for the CSRC, wrote on its official microblog account.

Deng added investors should not misinterpret the new measures, which he said aimed to raise awareness of risk control. Most traders and analysts had been anticipating moves to calm the city's stock market before the announcements came out.

Regulators have been on alert over the recent liquidity-driven rally in mainland and Hong Kong stocks after a slump in the property market saw the mainland's first-quarter economic growth fall to 7 per cent, its lowest level in six years.

"Mainland regulators have reacted in a timely fashion by pouring cold water onto the red-hot stock markets, which are basically supported by a huge sum of borrowed money," said Louis Tse Ming-kwong, a Hong Kong-based director of VC Brokerage. Tse said he expected Hong Kong stock valuations to go down after rising since April 8.

The CSRC warned retail investors, who are the key drivers of China's stock market rally, not to borrow money or sell property to buy stocks. It said many such investors were not fully aware of the risks and costs associated with margin finance when volatility hits the market.

After China's stock turnover reached a record 1.53 trillion yuan (HK$1.94 trillion) on Friday, regulators banned so-called umbrella trusts, which allow for more leverage than brokerage financing because the borrowing involves small-cap stocks that trade over the counter rather than on the exchange.

Tse said most retail investors had little knowledge of risk management and could be hit by big losses in the event of a major market correction.

Stock turnover in Hong Kong has surpassed that of the United States for the first time, with a daily record of HK$294 billion notched up on April 9.

"Most institutional investors and companies have taken advantage of robust market conditions to raise funds while retailer investors are flocking into the markets," said Ben Kwong Man-bun, a director of KGI Asia.

Kwong said he expected shares that have benefited from the liquidity boom to be the first ones hit by the new measures.

US-traded shares of Chinese stocks fell on Friday, with China Life Insurance plunging 6.6 per cent to US$72.02.

Meanwhile, margin account balances hit 1.15 trillion yuan on Friday. That was more than triple the 263 billion yuan recorded at the end of June, when the Shanghai Composite Index plunged to an all-time low. The benchmark index has risen 32 per cent this year, building on a 53 per cent increase last year.

The Hang Seng Index fell 0.31 per cent on Friday. On a weekly basis, the index rose only 1.4 per cent last week.

This article appeared in the South China Morning Post print edition as Bid to rein in speculators could hit HK

You mean why both days same fund price?

I read some of the replies and am confused.

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd, the exclusive distributor of the newly-launched series of funds managed by RHB Asset Management Sdn Bhd, is upbeat on the RHB-OSK Eurozone Index Beta Fund's long-term performance.

The Beta funds, Malaysia's first series of single Exchange Traded Fund (ETF)-based products, are designed to track the performance of their underlying index as closely as possible.
OCBC Vice-President Research and Content, Wealth Management, Michael Lai said he was optimistic over the Eurozone Index Beta Fund, due to the European Central Bank's effort in stimulating growth by launching an aggressive sovereign-bond purchase program.

"We are optimistic that the quantitative easing (QE) in Europe will work and furthermore, business and consumer confidence is moving up, compared with six months back.

"The QE will allow banks to lend more, thus helping the economy to grow.

So, we are confident that the Eurozone will recover," he told reporters after the launch of the funds here today.

Other newly-launched products in the series are the RHB-OSK US Index Beta Fund, the RHB-OSK Japan Index Fund and the RHB-OSK Emerging Asia Index Beta Fund.

RHB Asset Management, chief executive officer and regional head of group retail distribution, Ho Seng Yee is confident that the Beta funds would fill a significant gap in the Malaysian asset management market.

"This collaboration with OCBC will provide investors with a different access in their investment approaches when building their portfolios," he added.

Sales fees for the Beta funds are set at 2%, significantly less than the usual 5% for actively managed funds.

Subscriptions to the funds are open to qualified investors.

They are namely, individuals whose total net personal assets or total net joint assets with their spouse exceed RM3mil, or individuals with a gross annual income exceeding RM300,000 or who jointly with their spouse have a gross annual income exceeding RM400,000. - Bernama

Emerging market stocks are surging. Is it triumph or trickery?
By Patrick Gillespie @CNNMoneyInvest


http://money.cnn.com/2015/04/24/investing/...x.html?iid=Lead