So, if this is the case, what's your best advice to Msia investors? Withdraw all the investment and put in FD?

leekk8,

If you have been reading all my posts, you would have know that

1) I ONLY buy one counter in Malaysia. I do not consider the REST of the KLSE worth putting money in. So, IMHO, domestic UT is useless and too costly.

2) I diversify my investment all over the WORLD.

Dreamer

P.S.: In the end, you have to take all the data and decide what to do next. My counter survive 97/98 recession very well. So, I know I can go to sleep for 5 years with this counter. My advice is a caution to you. Do not assume that Malaysia can recover this time.

This post has been edited by dreamer101: Jan 22 2008, 11:20 AM

Not all Bond funds are good - some struggle to just beat FD, and can even drop.

Does this also apply to zero coupon negotiable instruments of deposits (ZNIDs)? And are these issued by banks or companies?

It depends, zero coupon is issued at discount price, so you need to look how much potential yield when maturity.
Interest rate is vary from time to time. The primary risk of bond funds is default rate. When got default in bonds in the bond fund portfolio then bond funds will struggle.

Hi,

Do you consider invest in a global UT here in M'sia as being diversified over the world or is it better to convert the money and invest at UT at other country such as in S'pore for example.
Thanks.

Mostly local global UT are feeder fund type, they take the money to invest in some other countries UT, they don't invest directly themselves. Just like HwangDBS Global Property fund is actually invest in Singapore DBS Global Property Securities Fund (GPSF).

They are some exceptional global fund that are invest themselves but not many.

ic....it mean they cooperate with other UT company or fund manager to manage their fund?

No, feeder fund manager doing nothing. All investment are done by the targetted feeder fund.

It is just like individual invest in UT, just the individual role change to a UT fund (local global fund).
Sometimes it is called fund of fund. Sound funny sometimes, right?

I know from your previous posts that you only buy 1 counter in Msia, and I also buy this counter.
Anyway, I know you mainly invest in US, now most people saying that US market is going into bear, what will you do?

Public Bank, ING offer joint plan

KUALA LUMPUR: Public Bank Bhd and ING Insurance Bhd have unveiled the PB-ING Baraka Commodities Plan to provide their customers with a wide range of investment opportunities.

The product, jointly developed by the two financial brands, is a powerful capital guaranteed investment-linked plan that aims to provide maximum capital growth and potential high performance bonus within three years.

The PB-ING Baraka Commodities Plan is invested in the Top 30 high-performing global stocks in basic materials and oil and gas sectors selected from the Dow Jones Islamic Markets World Index Universe.

These stocks were actively managed and rebalanced each quarter to maximise performance potential, said Public Bank and ING in a joint statement.

Available at Public Bank branches nationwide, the product is a single premium plan with a minimum premium amount of RM30,000. It will be opened for subscription for eight weeks till March 18. - Bernama

URL: http://biz.thestar.com.my/news/story.asp?f...79&sec=business

leekk8,

<<Anyway, I know you mainly invest in US, now most people saying that US market is going into bear, what will you do?>>

Let's get this straight. I have a US mutual fund A/C. In that A/C, I buy index fund that invest all over the world. And, the asset class that I invest on are

1) US stocks -> 2000 largest companies in USA

2) World stocks -> 2000 largest companies in the world outside of USA

3) US REIT index -> All REITs in USA aka real estate

4) World REIT -> REITs outside of USA

5) US bonds -> 3000 bonds in USA aka total bond market.

So, my money is spread all over the world. I do not care what happen in any individual stock market. And, if ALL stock markets go to hell, usually bonds will do well. And, it is spread across many asset classes. Plus, I have 5 years worth of living expenses in savings as reserve.

What is missing is bond index fund outside of USA.

This is what we call asset allocation model. This is what is really call investing.

By the way, I have no sales load and annual maintenance fee is 0.27%.

Dreamer

http://www.marketwatch.com/news/story/lazy...%7D&dist=hpmymw

See above article.

This post has been edited by dreamer101: Jan 25 2008, 09:36 AM

Since we have no access or limited access to US broker or funds, I guess the best alternative would be a listed companies like Genting, PBBank, YTL where they have their investment all over the world and we're holding a shares in listed companies that have access to all over the world.

In term of asset allocation, too bad, we just can access to our own countries REIT and bonds. Unless we buy mutual funds where mostly charge 7.5% sales charge and 1.25% on annual maintenance.

This post has been edited by keith_hjinhoh: Jan 25 2008, 10:00 AM

keith_hjinhoh,

<<Since we have no access or limited access to US broker or funds, >>

You are WRONG!! Anyone with a few K in USD can open a US brokerage A/C over the Internet. And, they could buy ETF which is the stock version of mutual fund.

<< In term of asset allocation, too bad, we just can access to our own countries REIT and bonds. Unless we buy mutual funds where mostly charge 7.5% sales charge and 1.25% on annual maintenance.>>

Do you even read the URL that I posted?? There is an ETF version of the asset allocation. And, you can do that with US brokerage A/C.

Do not assume that you know EVERYTHING. The CORRECT attitude should be "there must be a way" aka "CAN DO". Do a few googles and you would found out.

Dreamer

Dreamer, I just have a question to ask you.
Do we need to even have a savings account there to start our investment, or can we just link it with our local banks here?
Thank you in advance for your time

Regards

Buying Genting, Pbbank or YTL won't able to access all over the world. Although Genting, Pbbank does have investment in UK, HK, UK respectively, large chunk of revenue still generated through locally. If really want to access equities all over the world investment, better through UT or ETF like Dreamer said.

This post has been edited by cherroy: Jan 25 2008, 02:33 PM

anyone here know how to buy fund online? i would prefer public mutual fund.

Public Mutual Fund cannot be purchased through online.

It can only be done through agent or directly at Public Bank.

but i see at my ebanking there got something there write like buying the fund. but must have existing fund account

There are actually two options:

A. Investment (open)
B. Investment (registered)

If B. is for adding to previously registered fund, then I wonder what is A. for ?

---

Added on January 25, 2008, 5:42 pmFrom what I know, there are some Public Bank branches where you cannot buy PM funds, only PB. For PM, you have to go to a PM office or agent.

This post has been edited by howszat: Jan 25 2008, 05:42 PM