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 Fundsupermart.com v10, Double digit (portfolio) growth!

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cappuccino vs latte
post May 7 2015, 08:48 AM

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QUOTE(T231H @ May 6 2015, 11:00 PM)
hmm.gif was just wondering where did the TAXES fits into this equation...
value of the total assets in the fund should be more BEFORE the taxes given to gomen during distribution....therefore if no distribution no need to pay taxes then more value in asset, right?
now my mind start to get confused..... rclxub.gif
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I thought there is no tax imposed on investment income?
cappuccino vs latte
post May 13 2015, 01:52 PM

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QUOTE(puchongite @ May 13 2015, 01:42 PM)
Guys I have a really simple question.

When a fund is said to be "NAV as at" a particular date, is it talking about the closing of the date or the beginning of the day ?

For example, NAV as at 12 May 2015 is xx,xxx.00. Is it talking about the value as at the end of the day ?
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At the end of the day.
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post May 25 2015, 10:37 PM

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The Foreign Account Tax Compliance Act (FATCA) is a United States federal law requiring United States persons (including those living outside the U.S.) to have yearly reported themselves and their non-U.S.financial accounts to the Financial Crimes Enforcement Network (FINCEN), and requires all non-US (Foreign) Financial Institutions (FFI's) to search their records for suspected US persons for reporting their assets and identities to the US Treasury. Congress enacted FATCA to make it more difficult for (resident and non-resident) U.S. persons to have financial assets which are not located in the United States, by adding further asset-reporting law with consequences, and thus to enable further federal tax revenues and penalties from a wider global population of newly discovered US persons and their partners, at the expense of non-US banks.

Now everyone is a suspected US person. whistling.gif

This post has been edited by cappuccino vs latte: May 25 2015, 10:38 PM
cappuccino vs latte
post May 27 2015, 09:57 PM

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QUOTE
CHINA'S stockmarket has often been called a casino, with share prices bearing little connection to underlying economic conditions. But while the market has strayed from growth trends in the past, its divergence over the past few months has reached new extremes. Economic growth in the first quarter fell to 7%, the slowest annual figure in six years, but stocks have more than doubled in value since the middle of 2014. A shift to monetary easing and fiscal stimulus—and expectations of more of both—help explain why the rally began. But the longer it has continued, the more it has looked like a classic case of irrational exuberance.

China's stock market, A crazy casino
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post May 27 2015, 10:29 PM

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QUOTE(brotan @ May 27 2015, 10:11 PM)
guys, so which fund should i consider for now?
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Try to avoid ASEAN market if possible. wink.gif

user posted image

Worry Over Earnings for Southeast Asian Stocks
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post May 28 2015, 05:43 PM

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QUOTE(puchongite @ May 27 2015, 10:05 PM)
The problem is that if the bubble in China pops will the nearby region such as HK and Taiwan be spared from ripple effect ?  cry.gif
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Very likely domino effect due to some of the large cake's businesses overlap with China market.
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post Jun 6 2015, 06:01 PM

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QUOTE(wil-i-am @ Jun 6 2015, 05:41 PM)
Is it gud time to invest in Affin Hwang Select SGD Income Fund since S'pore is hosting SEA Games 2015 now?
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QUOTE
"One of the most important priorities at the SEA Games is to stage a good event of high standards that leaves behind a legacy for sports in Singapore," Minister for Culture Community and Youth Lawrence Wong said recently.

"Economic impact is not a major consideration for staging the Games, rather, we want it to further catalyse our sporting culture."

Singapore attempted a similar change by staging the inaugural Youth Games in 2010 but the event was regarded as a waste of money as the bill soared close to S$400 million (197 million pounds), more than three times over budget.

Singapore hoping SEA Games can inspire sporting legacy
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post Jun 7 2015, 11:26 PM

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QUOTE(wil-i-am @ Jun 7 2015, 01:17 PM)
Fund valuation is based on fair value estimation
Fair value estimation include financial assets n liabilities as per MFRS 139
Financial assets tat r not traded in active market need to follow fair value hierarchy which have 3 levels
Ooops... Tis is a complex n dry subject
In layman terms, the valuation process for certain "financial assets" r extremely tough n challenging. Eg is 1MDB not so common assets
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Funds traded in FSM should based on Level 1 fair valuation only.

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