hmm what does wrap account means?
I just topped up yesterday, transaction done but have not price yet...

China brokers issued 91.4 bln yuan bonds to support stock investment
http://uk.reuters.com/article/2015/07/10/m...N0Z403720150710

Idea Of The Week: 3 Misconceptions Of Our Recommended Unit Trusts List [10 July 2015]

The Recommended Unit Trusts List has been a popular annual feature amongst investors, with several fixed income segments, major regional markets, sub-regional as well as single country equity funds being highlighted in our annual publication which has continued to expand over the years as we continue to bring on-board more and more products on the platform. In this Idea Of The Week, we take the time to correct some popular misconceptions investors might have had with regards to the featured list.

1. RECOMMENDED UNIT TRUSTS = BEST RETURNS
2. IT'S THE ONLY SET OF UNIT TRUSTS ONE CAN BUY
3. I HAVE TO OWN THEM ALL!

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=6041

Analysis by Schroders on Chinese shares
http://www.thestar.com.my/Business/Busines...ares/?style=biz

Creditors Assess Greece’s Bailout Plan as Optimism Rises
http://www.wsj.com/articles/greek-bailout-...says-1436520297

Wrap account is a unit trust investment platform where multiplies fund houses fund are WRAPPED into one account. Almost similar to fundsupermart but wrap account has free switching fee with no limit. The tradeoff for this is you have an annual fee of 1% (depending on your advisors) for mantaining the account.

DJIA up 211.79 or 1.21%

guys..do you think if wise to topup into china funds now..???

whole portfolio is red except GTF
ponzi 2.0 and Greater china got hit the biggest....total portfolio is -3.25
gonna topup greater china...maybe

just becareful of over % of allocation in the portfolio...after topup maybe will be more than the limits of risk appetite.

I think it is a good time to top up...just that the index will not be reaching the previous high for some times....
China market are played by 85% retail investors, whom got burnt just recently.....it will take some times for them to get back in, in a fury manners
fundamentally China is still FSM's 5 star ratings...long term is good
and Algozen's ball just said reversion of mean is at good probability too.

This post has been edited by yklooi: Jul 11 2015, 09:56 AM

Reached the Seminar venue at 8.40am today....
the guards demanded RM 5 for parking fees....
They said last time no need now must pay....
I reversed my car and drive away go makan Prawn mee in Anzon road....now at MCD drink coffee.

ponzi 2.0 and greater china got biggest drop
so instead of topping up ponzi 2.0 which i already did end of june...why dnt just go greater china

This post has been edited by MR_alien: Jul 11 2015, 09:50 AM

Ponzi 2.0 also has a large % in Greater China region too....
after top up both funds...will the total % of Greater China region too much in your portfolio for your comfort?
if yes,...you are ok...then go ahead

My Ponzi 2.0 IRR from 20%+ dropped to 10%

The only fund in my portfolio now with IRR >20% is Global Titanic.

greater china only consist of a small percentage of my portfolio
ponzi on the othe hand consist of a big percentage of my portfolio
even as small percentage....the drop in greater china still more than ponzi 2.0

This post has been edited by MR_alien: Jul 11 2015, 10:06 AM

a view from an optimistic....
even as small percentage....the rise in greater china still more than ponzi 2.0

no right or wrong...just different views...and for some people this direction of view maybe changed frequently too.

This post has been edited by yklooi: Jul 11 2015, 10:18 AM

The bubble in Shanghai A shares was in the small-mid caps

Blue chips are still fundamentally sound and priced fairly, if not attractively
I quote this from the Schroeder report I linked from FSM recently

Furthermore, Ponzi 2.0 is invested more into Hong Kong-listed "S" shares

just curious at your Ponzi 2.0 IRR....dropped by 50%...much bigger than the drops in SSE at about 35%
This IRR dropped to 10%, how much % does the ROI of yr Ponzi 2.0 drops?

This post has been edited by yklooi: Jul 11 2015, 10:27 AM

I don't track ROI, I only track IRR.

And...drop in rate of IRR vs drop in absolute terms...not a fair comparison. Two different things.

This post has been edited by Pink Spider: Jul 11 2015, 10:29 AM