QUOTE(AbangCorp @ Oct 12 2016, 09:59 AM)
Aggressive is not everyone appetite. Especially if you require a stable income.
PIDF Public Islamic dividend fund is steady, it did hit 18% (or more) historically. So what I did, I invest regularly, slow and steady.
Do you notice, within these 2 or 3 years, most Malaysian fund is also going south. As diversification as their main feature, each fund type will cover most of the big company. If the economic climate is not conducive, these companies will also decline in growth as well the fund house that invest in them.
If you are a seasoned PB investor, you will know that you can wait (patience) and you have lock some handsome profits.
There is indeed fund type that outperformed its benchmark, if you ask me it is good enough. Many also slips. I am focusing on long term gain, thus the fund that have below average or slips if NAV price is what I am grabbing right now.
Please also be informed our economy is not its dead bottom level yet. it is just 4 % down and 4 % up. So strategy is crucial.
I agree that the large caps are not doing great in the past 2-3 years, but to say most Msian fund not doing well seem to only apply to PM though. The following excludes small cap funds
Examples and their 3 year annualised returns:
Kenanga Growth Fund 13.48%
Eastspring Investment MY Focus Fund 12.73%
Eastspring Investment Equity Income fund 8.43%
Eastspring Investment Dana Al-Ilham 8.34%
Manulife Dana Ekuiti 8.27%
Contrast that with Public Mutual
Public Select Select 3.86%
Public Ittikal Sequel 3.84%
Sorry, not so familiar with PM funds not sure if I miss a higher return one... but you get the picture
QUOTE(Dividend Magic @ Oct 12 2016, 05:53 PM)
Very diplomatic answer
But yes agreed, many many better alternatives out there.
Have to stick to the facts la, even if this is just a public forum