I think anyone who has invested in something would have been reaping some sort of return by now, unfortunately don't get too comfy with your investment yet... big iceberg coming...

Sos Chili



Any thoughts where to stash your investment next?

US funds maybe??!

Doesn't matter already I already exit all my portfolio just purchased a property lolz... Weakness in property market and some good pre gst deals on the table.

But I will still be looking at market weakness in July 2015 to rejoin the UT market.

It's all about the US interest rate hike. Just ltook at Q4 2014, one hint that US fed might raise interest rates... It global sell off happened.it took us months to recover, got worse becoz of oil prices.

Imagine what if US fed decide to raise interest rate for real? I think it will be a massacre. my funds have been performing but slightly below expectation.

let me pour some cold water on that... indeed India is a market to watch But...

India well prepared to face any interest rate hike by US: Lagarde
http://www.thehindubusinessline.com/econom...icle6998540.ece

India could face a selloff if US federal reserve increases interest rates
Read more at:
http://economictimes.indiatimes.com/articl..._campaign=cppst

Am watching Manulife's India Equity Fund as well.

Fundsupermart isn't a fund house. It's tesco combine with mydin with its offspring that looks like giant. In short, its just a third part who has a platform to sell other fh's funds.

Yeah they are hoarding all their cash, growth in funds will be pretty much stagnant throughout 2015 (practically lost 6 months and expect funds to regain lost performance towards 3/4Q of 2015?... fat chance).

Money expect to come back to nest in 0% interest earning savings account.

Going into hibernation mode.

I saw someone talking about something that smells like a "Qualified Investor" requirement. Since the person did not expressly address the issue, I will presume that he/she is NOT referring to the topic.

The Qualified Investor criteria applies to wholesale funds (go to SC website >collective investment scheme > look for wholesale fund guidelines), in which case only a select few investors can invest in such funds, if they meet the criteria (schedule 6/7 CMSA 2007 under "High Networth Clients").

So what if I am not a Qualified Investor and I manage to sign-up for the fund?
(a) according to the wholesale fund guidelines, it is the job to know their Clients.
(b) normally the fund manager on the other hand, will require the Client to declare that he/she is qualified investor. So the fund manager will say that you falsely declared your status.
© another slap will be from the Suitability Assessment Form.

In my view, the filtering process is weak (or none existent)... There's only two possibilities where Qualified Investor will become an issue...
(a) you lost money on the fund (like shit loads); and
(b) regulator conduct's an audit and clamp down on fund managers.

The Qualified Investor defintion appears in Acts and Guidelines, it lacks one crucial ingredient... punishment/sanction. It's probably why, some are blatantly selling it...

In any case, it's business as usual folks.

It's a wholesale fund and not meant for retail investors.

There are many other interesting "wholesale fund" products out there....

The investment unverse is broader as opposed to retail funds. Retail funds are heavily regulated by the UTF Guidelines example it's asset allocation, instruments etc...

As an example:-

They "May" have built in additional fees called "Performance Fees", which encourages the fund manager to rediculous amounts of risk in order to achieve that goal.

Also, the underlying instrument may be complex. example involved leveraging/margin financing (not in market yet but interesting nevertheless).

This post has been edited by aurora97: Mar 30 2015, 05:04 PM

Is ok you can tell me your ponzi scheme, i tell you mine is AffinHwang Japan Fund

Annualized Return.

06/08/14- 0%
31/08/14- 51.93%
30/09/14-60.90%
31/10/14-28.59%
30/11/14-35.99%
31/12/14-29.24%
31/01/15-20.11%
28/02/15-28.94%

Replying to the “Quote” (i believe it's not from David83), a forum is a place where you can share info. No need to shy-shy, I think most forumers can make an informed decision as to their investments.

Everyone come to the forum to share and exchange knowledge, most people do not have any ulterior motive. Unless you’re an agent and intend to make a quick buck from sale charges. To be honest, it’s not going to happen here. The sales charges for iFast is the lowest in the entire industry, running between 1.5% to 2%. Only private banking clients in certain banks get 0.X% to 0% sales charge that also must be super HNW client.

The only super rare instance, would be your selling a Fund (licensed by SC) that’s not offered on the Ifast platform. Now that’s something I would like to hear about.

I ter-exited almost everything except left with jap fund and sif (hwang ponzi fund) coz I need money for pre gst sapu spree. Am a bit rusty... I think to buy any funds now when markets r rallying (looking at overall portfolio roi) is a bit expensive. Either hold or look for gems. There are past performers that performed very poorly during this market cycle. They have track record but their manager wrong footed. Those r the funds should be picked up.

Am re-building my cash hoard again. Am standing firm that FED will raise interest in July 2015 (though there are suggestion that FED will raise interest in Sept 2015), to me it’s a matter of exiting and it makes no difference to me.

Portfolio should be bias 60% on AsiaPac (Indonesia, Singapore, Australia/NZ, Japan, China/HK, Thailand)
Portfolio should overtime reduce on India related funds overtime as deadline comes closer to July or Sept. India is especially vulnerable to external shock.
Portfolio should maintain or reduce Malaysian exposure to around 20-30% of portfolio. (side note: My portfolio actually heavy on Malaysia Funds but mainly EPF)


This post has been edited by aurora97: Apr 14 2015, 11:09 AM

Becoz u just break even, there is still time from now till June 2015. Watch for news then and decide.

I don't track kgf and east small cap, but I am interested in the latter probably will use EPF monies to invest.

You can start looking for potential APAC funds as suitors.

I don't track Aberdeen fund as well (also interested) but anywhere other than Malaysia is still better and exposure to us is a plus.

You are right actually.

The figures don't make any sense especially when the fund don't have one year performance. If you annualize a fund less than a year, you get ludicrous performance.

Over time the figures should even out and become more realistic.

Lol.

income (conventional) performing better than islamic income fund. similarly story on the equity side... looks like shariah rated funds are having some issues diversifying (too much reliance on oil and gas?)

cantiknyer your fund spread...

something i need to emulate.

Fund size is surprisingly small> RM 16.28 million (as at February 28, 2015)

the fund was lunched sometime 11 Mac 2010.

Performance why, it was slacking the first 3 years but really picked up recently... very interesting.

RHB China India Dynamic Growth (FSM)

that's really horrible , I think funds should be assessed on an annual basis. Even if it does not recover, fund manager must strive to mitigate lost within the FY year itself.

As a rule of thumb, I personally enforce auto cut lost. If ROI -15%, auto cut half holdings, -30% cut all.

8 years and only 1% ROI. Manager really don’t deserve his management fee.

I got allocated funds for each portfolio. i don't top up, so as not to overconcetrate in a particular region/sector/country. there's plenty of fish that can do the same job in the ocean.

If agent tell you, you need to ask next.

(a) Is that return on investment (ROI)?
(b) Is that annualized return?

Next question you should ask, is when the fund for launched?

Both have different conclusions when matched against (a) and (b).

Based on answer (a), if fund launched in 1 January 2015 and managed to achieve 80% return as at … Well… super Ponzi scheme?

Based on answer (b), if the fund launched in 1 January 2000 and managed to achieve 90% annualized return as at 14/4/2015…. That means about 6% per annum return. Not great but EPF standard.