Or it cud be...
https://m.youtube.com/watch?v=DkiryxVxoj4

I wet my pants di.

If I have surplus cash, I will not be investing in Malaysia (aside from EPF, in which case i trust my fund manager more than EPF). Even if a Foreign Fund that has performed in a mediocre fashion may still out-perform a Malaysian fund by virtue of its currency appreciation (example AffinHwang Select SGD Income Fund)

Comparison is between Income Fund vs Growth Funds.

Total return in 1 year from 10/6/2014 to 11/6/2015
Affin Hwang Select SGD Income Fund - SGD > 10.03%*
Affin Hwang Select Opportunity Fund > -2.05% [just declared dividend]
Kenanga Growth Fund > 12.66%
Eastspring Investments Small-Cap Fund >9.93%

*NAV Based on SGD before conversion into MYR, so you do realize you potentially get a lot more than just 10.03%.

The one glaring issue is Malaysian politics are driving uncertainty, I think Malaysia has been oversold and people now think Malaysia is in dire straights which is not true.

In my own personal view, all we need now is an early general electrion. This will solidify the leaders mandate and put us back on the right track.

Politics aside, I think the impending interest hike will result in a global selldown (it will probably be an overkill) but i anticipate with the current Malaysian climate of uncertainty has already brought us to the bottom, any correction thereafter will only bring us back to status quo (as out market is supported mainly by GLCs, sovereign funds i.e. EPF, whereas most foreign buyers have factored in the political risk and fleed (or reduced their positions in Malaysia) to neighbouring countries as a means to preserve their innvestments). It is only the regional markets that will probably bear the full brunt.

This post has been edited by aurora97: Jun 12 2015, 02:14 PM

my point is...

no point investing in Malaysian funds. no matter how much appreciation, even income fund also can beat a growth fund into pulp because of currency appreciation alone.

This post has been edited by aurora97: Jun 12 2015, 02:25 PM

I am taking the NAV for SGD class not MYR Class.

The NAV is quoted in SGD before conversation into MYR. If after convert to MYR, it will beat KGF’s 12.66%.

I am taking the NAV for SGD class not MYR Class.

The NAV is quoted in SGD before conversation into MYR. If after convert to MYR, it will beat KGF’s 12.66%.

You keep missing my point maybe I am poor in explaining myself .

SGD income fund was meant to be used as an example, am not encouraging any one to buy it.

I have always been emphasizing funds that have a regional (or Asia Pac) focus from India to Japan but never Malaysian funds.

My personal view is that regional (or Asia Pac) focus will outperform Malaysian funds.

P/s: ironically, I did borrow from a licensed Ah Long to buy my Fund and the only other reason I did not buy into SGD Fund is because I already invested all my monies in Japan Fund. I think my returns should either be slightly lower or at par with SGD income fund, so no reason to changelor.


This post has been edited by aurora97: Jun 12 2015, 05:10 PM

You missed my point again and again.

I already have bolehland funds, I just not giving it to EPF to manage.

You missed the point again? Lol...

Anyway I could be high on drugs or dillusional person at the time when I typed all this.

To recap, my pre condition or signal to invest back in Malaysia is when Najib steps down.

The personal loan is just tip of the iceberg to buy UT. I bought a house btw.... Lol. As I mentioned earlier, I will be exiting UT soon. Property is the new big thing.

Is just a contraction view of things, time will tell if it works out and if not I be sure to let you guys know that I gone bankrupt. Hababababababhahaha

U missed the point again.

I said I will come back and tell you guys it went wrong (I.e. bankrupt), assuming celcom hasn't cut my line.

Let's not kid ourselves everyone in this forum is predicting something, the more astute investors will do their homework before taking investment advise in as the truth.

I am still hunting for something to invest in. Besides suggestion can be good or bad but u still need to do some filteringlar.

This post has been edited by aurora97: Jun 12 2015, 06:01 PM

OK.

When aurora97 proposes the idea that foreign fund will outperform Malaysian focus focus funds with potential upside from currency appreciation, no one bats an eye, when aurora97 uses SGD income as an EXAMPLE, everyone loses their minds.

Sorry no memes, takes too much effort.

This post has been edited by aurora97: Jun 13 2015, 10:07 AM

I too believe in buying the lowest but that doesn't really happen (99% of the time), however I believe if I am starting off with surplus funds, I will buy into a fund that invest in a country with potential long term growth, ignoring short term fluctuations (because you know, it does happen).

Now if a person who buys blindly based solely on my view, respond without even looking to the intimate points of my comments, responding illogically to the answers posed, responding without any basis with mere retarded comments (can only be responded with retarded comments as well), i think they have all lost their minds. It's OK, we have a lot of crazy people out there.

Screw it...

Just take my money already.meme.

This post has been edited by aurora97: Jun 13 2015, 10:33 AM

English is a beautiful language you can express yourself as first or third, the paranormal, metaphysical, dillusional and so on, in hopes that readers might get the point especially the illogical ones, sometimes only weirdness gets to them.

Anyway, I think your not use to this concept of third person probably because you indulge too much in first person shooters. (Don't lie I know your like it.)

no sure how FSM works but...

really? even if the deed or prospectus clearly say one can reinvest if election is available?

Oh I see... you come from nominee angle.

So if there is a reinvestment of units (since no cash option is allowed), will my reinvestments be subject to sales charge?

I thin you got comprehension problem.

Read carefully before going emo.

You look at all my statements.

I am referring to procedures, the deed and the prospectus. You are not addressing my question in the first place and the item highlighted in bold is clearly the error.

Fact of the matter is, normally for unit trust funds in both prospectus and deed, one can elect to reinvest or get pay out via cheque.

In a nominee structure (in case of FSM) however, surprisingly this right is not available and one can only reinvest (am not sure whether it’s contrary to deed or prospectus, makes an interesting discussion though).

An investor, who invest via a Nominee, will have his/her/it’s right “vested” with the Nominee. This is true but does the Nominee has the right to ignore certain rights enshrined in the prospectus and the deed that is for the benefit of the end investor? Bear in mind, a Nominee also looks after the interest of its investors. Example, in a unit holders meeting, where the parameters of the fund is being amended, should the Nominee not get consensus from its Investors?

Also, based on Pink spider response, he mentioned (I did not), the Nominee does not recognize the right to reinvest, however recognizes that such “reinvestment” is not subject to Sales Charge. Now my question is, how would the fund manager of the fund recognize that it is a reinvestment since everything is done by the Nominee?

So investors of FSM be mindful to cross-check distributions that are being re-invested to ensure that it is not subject to sales charge.