Good choice! Algozen™ endorse it!

Yar! Only one fund that is specific to Tech Sector (75% US exposure, ROW = 25%). It is a good proxy to US exposure.

Xuzen

Last week of Aug-15.

This current reading is based info updated as of 30/6/2015.

As of the latest info on hand, no UT exposed to Commodities get short-listed by Algozen™.

It is a a NO for me.

Xuzen

Darn it!

Watching UT gain is like waiting for paint to dry. Therefore when there is like a + 3% gain in a mth, very excited wan! For those who play penny shareor warrant... they will laugh at us!

Since mid 2013

My Maggi Mee cepat dimasak, sedap dimakan answer:

The fund manager is good. I attended her talk... she is good!

The 3 year annualised rtn is 33.38% p.a. The standard deviation is 17.04% p.a. The YTD performance is 20.81%.

What this means is that the fund is now currently in her usual performance. You only need to worry when the YTD hits 50% return! As at this juncture, she has a lot of legs to move upwards. Hence... go forth and enrich thyself!

I am doing DCA for small cap since mid 2013. I never sold her, even though I have long sold my fav Lee Sook Yee fund since Qtr4Yr2014.

Xuzen

This post has been edited by xuzen: Jul 27 2015, 12:30 PM

Ini orang main penny-stock / small cap punye!

Xuzen

Bad decision....to liquidate a bond fund takes T+14 days to reach your bank account. If you need money immediately, it will be a problem!

Xuzen

p/s: Read the RHB Islamic Bond Fund Fact Sheet carefully esp the small print.... "any fund invested in less than a year, should you withdraw there is a penalty of 1% charge!"

Read the fine print again from the fund fact sheet... it states 10 days from receive of redemption request, give another 3 to 4 days to clear the cheque, is T+14. Esp you don't buy direct from RHB but from a Nominee account such as FSM.

RHB will issue the cheque to FSM, tunggu clear baru FSM issue cheque to you. I stand by my T+14

Xuzen

You main UT as though it is stock market ar? You champion lar!

Anyway.... I started entering Eastspring Small Cap Fund since Qtr3Yr13 using DCA method (aka little by little method)... ROI as of today is approx. 15.3%. Average UT price is 0.5830

Xuzen

p/s I did not time the market... I just do auto switch every month with a fixed amt.


This post has been edited by xuzen: Aug 1 2015, 03:06 PM

1) DCA works!

2) M'sia UT is ok, coz our local UT managers are not too bad. Still can cari makan.

3) The winning formula is and has always has been "time in the market and not timing the market!"

Xuzen

Wah Lau eh?

Market down ... everyone quiet as a mouse.

When market up... suddenly an influx of posting asking what fund to go in!

UT 101: chasing market is a recipe for disaster.

Now, market down is the best time to enter and strategize! I.e., like playing chess, now is the best time to place your chess piece, don't only move when you are being checked.

Xuzen

This post has been edited by xuzen: Aug 6 2015, 02:40 PM

Some personal observation/sharing/lessons:

1) Let's recall Algozen™'s earlier reading (2 or 3 mths back) when she was very gung-ho about China, where she recommended 80% China and 20% local small-cap. Basing on this; let's assume Investor A has a very aggressive risk appetite and he puts 70% of his portfolio into equities where 80% of the equity portion goes into China specific fund and 20% goes into small cap. The remaining 30% of his portfolio he bought in bond/money market fund.

2) I am not sure how much the Shanghai Index has plunged but the fact is the China specific fund I tracked, at the worse case it dropped 10% only. Now let's use a nice round number of RM 100K. If China specific fund drops 10% (which it did!), the loss is 70/100 x 80/100 x 10/100 x RM 100,000 = RM 5,600.00. The total portfolio drop is 5,600/100,000 = 5.6%. In actual fact this may be even less because the bond portion would have made some gain to offset the loss.

3) For an aggressive investor 5.6% is definitely within the risk limit. For me, someone who calls himself a high risk investor should be able to tolerate up to 20% loss. What about a moderate risk taker? I would say 10% to 15%. To adjust the risk, increase or decrease the bond/money market percentage.

4) In investing, be prepared to take losses. If you want to consume chilli, be prepared to tolerate the spiciness. To be technical, the fund I tracked has a Std-Dev of 10%, and when it made a loss of -10%, it quickly reverse and gain back to -7% and is now hovering between -7% to -6%. Should I top up slowly using DCA, I may actually very quickly lower the cost to breakeven.

5) In conclusion, when market is hot, don't chase the market; when it is down, don't panic and sell everything! DCA is your greatest protection against risk. Let DCA smoothen out the ups and downs of your portfolio.

Don't panic, stay invested and be objective!

Xuzen

This post has been edited by xuzen: Aug 8 2015, 02:34 PM

https://m.youtube.com/watch?v=lPKtI90f_sE

Enjoy!

Xuzen

This post has been edited by xuzen: Aug 8 2015, 11:04 PM

I got 40% US Tech exposure; Greater China 30% and Modiland 30%. Two EM and one DM. I also got Bond fund..... Apa lagi saya mau?

Xuzen

Real Investors talk about IRR or xIRR because they will hold their investment assets over a period of multi-years.

Punters aka speculators will talk about ROI because they will hold their stock in hand over a period of perhaps hours, days or week.

IRR or xIRR is meaningless to punters and ROI is meaningless to Real Investors.

ROI is a measurement of gain per trade; whereas IRR or xIRR is a measurement of gain over a period (p.a. is the standard measurement).

So which one are you? Punter or Real Investors?

Many Punters will disguise or trick themselves thinking they are investors.

Xuzen

That is why looking at return per se is like looking at a 2D picture. You need another parameter to make it more realistic so call 3D.

And that parameter is volatility aka standard deviation. Another way of saying is how consistent the fund maintain that 10% p.a.

Say a Fund A that gives a CAGR of 10% for the past 10 years with a sta-dev of 10% versus a Fund B of CAGR 10% for the past ten years but with a sta-dev of 5%. Which is a more consistent fund?

Answer: B for its consistency. The lower the sta-dev the more consistent the fund is able to hit the 10% return.

And a smart investor should choose a consistent fund.

Xuzen

US & India

Reduced China

Xuzen