Please note Post #2 had been edited, yesterday, to clarify further the annual management and trustee fee.

Cheers.

PS. Also just edited post #24... the headings in green...

dear forummers
if you have 100k to invest into a mutual fund
would you 1) purchase in 1 lump sum or 2) DCA over 12 months? and why?

this is a hypothetical question -answers will be provided after the exercise

Okay... long weekend... let’s briefly review August, a bad month for all markets.

How bad? Here’s some selected markets and 1-month growth:
NIKKEI 225 - 7.04%
TOPIX INDEX (TOKYO) - 6.61%
SHANGHAI SE COMPOSITE - 11.77%
SHENZHEN SE A SHARE INDX - 12.50%
HANG SENG INDEX - 12.27%
HANG SENG CHINA ENT INDX - 12.41%

KOSPI INDEX - 4.56%
S&P BSE SENSEX INDEX - 6.13%
TAIWAN TAIEX INDEX - 7.46%
S&P/ASX 200 INDEX - 7.64%

FTSE Bursa Malaysia KLCI - 6.41%
FTSE BURSA MALAYSIA EMAS - 7.72%
JAKARTA COMPOSITE INDEX - 7.42%
Straits Times Index STI - 7.70%
THAI SET 50 INDEX - 5.96%
HO CHI MINH STOCK INDEX - 8.08%
PSEi - PHILIPPINE SE IDX - 5.98%

RUSSELL 2000 INDEX - 6.12%
DOW JONES INDUS. AVG - 5.92%
S&P 500 INDEX - 5.46%
NASDAQ COMPOSITE INDEX - 5.85%

BRAZIL IBrX INDEX - 7.22%
S&P/TSX 60 INDEX (Canada) - 4.26%

FTSE 100 INDEX (UK) - 6.70%
SBF250:IND (France) - 7.75%
DAX INDEX (Germany) - 8.94%
FTSE Italia All-Share  - 6.42%
SPAIN MA MADRID INDEX - 7.56%
PSI 20 INDEX (Portugal) - 7.51%

SWISS MARKET INDEX - 6.82%
AEX-Index (Neitherlands)  - 9.95%
OMX COPENHAGEN INDEX - 5.31%
BIST 100 INDEX (Turkey) - 6.59%
FTSE/ASE Large Cap (Greece) - 22.61%
SASEIDX:IND (S. Arabia) - 16.35%

How will September fair? Who knows... but next week could be interesting.

Shanghai index was boosted after the lunch hour and closed 4.82% up, while HSCEI, which is more assessable to foreign investors, ended -1.14% down. It will be short week for China, as they will be off for holidays on Thurs and Friday, and Hong Kong on Thursday only.

Maybe the big foreign fund houses from US will do some clearing on Friday before they go off for a 3-day weekend, as the following Monday being Labour Day in the States.

Cheers. Keep investing.

Managed to make good profit on the rally?   

Got a question, if you dont mind answering. On average, did you earn more from ASX compared to Mutual FUnds? 

OMG, 500-600 or 500-600k??????   

Sorry, the investment I put in is rm0.30 to get this rm500-600.

I think I get it, if you get another job.. you'd make more money, but your wife would know. If you trade, you make less but your wife won't know

Comment:
Distribution for P. Islamic Bond fund is 6 sen per unit. It is a consistent income fund with about 6% distribution no matter how good or bad its annual growth performance was. Good to have this type of fund for the older investor who are withdrawing the distribution as part of his/her retirement income. Too bad it is closed to new investors.