..... as far as i understand it. UT we buy the expertise of the fund managers, not the fund value per-se. We are buying the brains of the managers to minimize the downtrend when market is spiralling down, and make profit when market it upbeat.

Stocks... i think that applies if you are trading, not investing

Me, I prefer MYR

This post has been edited by wil-i-am: Aug 4 2015, 10:09 PM

if u dunno unit trusts dun spew BS here

This post has been edited by Pink Spider: Aug 4 2015, 10:10 PM

some people thinks the other way too...
Foolish Summary

Although I have to admit that there are fund managers in the market who have managed to consistently outperform the market, think long-term, and be true contrarians, they are far from the norm and few in numbers. That’s why we have to understand that the best fund manager to manage our money is perhaps, always ourselves.

2 Ways Retail Investors Have an Advantage over Professional Fund Managers
https://www.fool.sg/2014/10/30/2-ways-retai...-fund-managers/

Confessions Of A Hedge Fund Manager
......Something in the air

I was recently invited to a private seminar in Singapore at which an old acquaintance, hedge fund manager, Lars Kroijer, was the guest speaker. The audience was primarily made up of hedge fund managers.
.........Lars’ seminar was going swimmingly until he dropped the bombshell of the afternoon. He told the audience that most investors, including professional money managers, cannot beat the market.
https://www.fool.sg/2014/03/02/confessions-...e-fund-manager/

Are you sure it does not matter ??
Make more or make less does not matter?,
when you are taking the same risk laying the same capital?

Eg Kenanga Growth Fund,

I gave RM10,000 to 2 persons to invest in KGF.

A bought on 28.7.2015 at RM1.0509, (ignore fee) so he got 9515.65 units

B bought 1 week later on 3.8.2015 at RM1.0619, he got only 9417.08 units.

A got extra 98.57 units and this is worth RM104.67 now.
later if the price goes up to RM1.50,
A would have extra profit RM147.85

That is only for RM10k , 1 transaction

What if you do that for RM100k,
and 10 transactions ,

how much difference A have more than B?
RM147.85 x 100 = RM14,785.50!

Even if the price drops, A would always win over B ,
who says never mind buy at higher price also okay.

Am I inviting the wrath of many investment sifus here?? Not my intention..

I did that, so should i sell all my UT now? Still got profit 7.5% now

what i am trying to say is when choosing a fund to invest, don't look at NAV

some ppl compare, Fund A now NAV = 0.5. Fund B now NAV = 1.0

give a summary that Fund A undervalue now, must buy. Fund B overvalue, don't buy

that is kinda stupid

Dont think the fler meant that way. He was recommending what he thinks a good shariah compliant fund. And since the fund are having adjusted nav due to distribution, it would be a good time to buy as well.

Not saying "oh this fund good, nav is very low. Buy buy buy. If no buy, very rugi."

//bersangka baik//

Distribution AGAIN

I give up...let the stubborn ones die

..... distribution means nothing......in UT terms....

even if Fund A is 0.5 2 months ago, now 0.3 ALSO doesn't mean that it is now good to buy!!!

And our bloody Ringgit keeps going down. Now trading at 3.8759

That is why CIMB Global Titanic keeps going up and up and up

Lol u guys focussing too much on just one word la. The fler might just recommend the fund as he likes it as it is. Not becoz low nav and got distribution.

//bersangka baik//

u read his post again...

"NAV adjusted...after distribution...good time to buy..."



Give u a simple real life example...

I own 100% of Najip Songlap Sdn Bhd. My capital is RM80m

U wanna invest RM20m in Najip Songlap Sdn Bhd, making the capital increase to RM100m

(a) Today the company give me dividend of RM8m, but I chose to reinvest in the company, i.e. the company issues new share capital to me, sorta like a Bonus Issue. So, I will still have RM80m worth of shares in the company
U invest RM20m, u will own 20% (RM20m / RM100m) of the company

(b) No dividend
U invest RM20m, u will own 20% (RM20m / RM100m) of the company

This post has been edited by Pink Spider: Aug 5 2015, 09:46 AM

Yes that's the only fund in my portfolio which is going up. Everything else is down badly. Im down almost 15% in RHB OSK Big Cap China and down 6% in Ponzi 2.0.

Diversification...told ya long ago

Spread the eggs, some would hatch, some would go bad...

..... howabout my pie chart..

Haha I understand sir. I was "bersangka baik"(benefit of a doubt in good heart) only so that we can move on.

yes,.....if YOU cannot take the heat...stay away from the kitchen.

Any investment carries with it an element of risks. Therefore, prior to making any investment, prospective investors should consider the following risk factors:

Market Risk

Any purchase of securities will involve an element of risks. As unit trust funds principally invest in listed stocks, it may be prone to losses as a result of global, regional or national economic conditions, governmental policies or political developments. Market uncertainties and fluctuations in the market caused by these uncertainties will affect the net asset value (NAV) of unit trusts which may fall or rise, thus causing the income generated by the fund to fluctuate from funds with higher risk, higher returns to funds with lower risk, lower returns.

and many more risk factors....

https://www.fimm.com.my/investor/abc-of-uni...ng-unit-trusts/