Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
7 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

 Fund Investment Corner, Please share anything about Fund.

views
     
shih
post Aug 3 2007, 11:19 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Normally share market collapse, UT also collapse, but maybe in different pace and rate.

Added on August 3, 2007, 11:21 pmUT is for long term. Need to get used to it in volatile market.

This post has been edited by shih: Aug 3 2007, 11:21 PM
shih
post Aug 4 2007, 09:08 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Next week would be an interesting week, maybe down on Monday, and something special happen after that? The US issue really making the globe to worry.

Added on August 4, 2007, 9:08 pmCan top up on Monday if a big slide.

This post has been edited by shih: Aug 4 2007, 09:08 PM
shih
post Aug 5 2007, 04:29 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Most of my UT still making profit but the recent ones are NOT looking good. Most of them trimmed 2-5% within a week. IF you have faith in the global economy and local market, hold whatever you have. If you going for long term, top up is an alternative.

Btw, I am not going to withdraw or switch yet. You can see the progress of this cycle in coming weeks. Read more news to track the latest update, so that you know what's coming up.

IF you want to play at the safe side, switch/redeem your capital + some profit away, and let the rest in the UT to work. If turns out bad, you are lucky, you keep your capital + some profit. If it turns out good, you earn a little. Make your choice.
shih
post Aug 5 2007, 04:58 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
When too many UTs investors sell off their investment, the fund manager actually need to sell off some of his stocks to make up the amount for the redemption if they do not have enough cash on hand.

Not good for the stocks market too. Huge sell off will cause chain reaction, many panic selling will follow. Bad decision for me. So far, it just a correction in my POV.

This post has been edited by shih: Aug 5 2007, 05:00 PM
shih
post Aug 6 2007, 02:39 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
But in my point of view, if the switching fee can help to you to avoid the big slide, I dont mind to switch as long as can lock my current profit. For me, it depends how you see the risk. When you do the correct switch, money still there or keep piling. Else, you lose your unrealized profit, maybe some capital and end up punching your chest.
shih
post Aug 6 2007, 02:54 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Haih, most funds suffered 3-5% loss in previous 10 days. Means, RM30-50 for every 1k. Of course I will be more than the switching fee. Try to figure out what you want to do with it. Keep, switch or sell?
shih
post Aug 6 2007, 10:45 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
MX510 and ejleemy & leekk8 are having some contradiction here. Who is correct?

For me, switching fee is penny compared to what you put inside UTs.
shih
post Aug 6 2007, 11:36 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
QUOTE(dzi921 @ Aug 6 2007, 11:25 AM)
Time to switch my bond into equity?
*
I am aggressive one, but I cannot tell should you switch or not. Market still full of doom and gloom.
Can top up some money into equity fund if you are in long term.
shih
post Aug 6 2007, 05:19 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Anyone top up on his UT today or do switching today? Or redeem his UTs?
shih
post Aug 6 2007, 05:38 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Tempted in PCSF also, but no initial yet. doh.gif need extra 1k. Maybe I just switch. Jump from one hole to another one, dont know which one will trap me inside???

HK also face the same problem like M'sia. I think most PCSF invested in HK and TW, going down so fast. In the other hand, China market steady, like no business.
shih
post Aug 6 2007, 06:11 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
QUOTE(dzi921 @ Aug 6 2007, 05:54 PM)
3. Cause I don't know when it is lowest so I will switch day by day. Not right?
*
You are correct that we hardly can predict. Switch day by day will cause you lose unnecessary switching fee, unless you are mutual gold.

PIEBF, another hybrid. I think I still have a small amount in PEBF. It is good to take this when the market is volatile also but we are not totally immuned since PIEBF will hold some equities also.
shih
post Aug 6 2007, 11:23 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Well expected drop! I hope tomorrow will be a different story. I did nothing to my portfolio, still bullish. Hope the best out of PEF.
shih
post Aug 7 2007, 10:09 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
QUOTE(dzi921 @ Aug 7 2007, 09:16 AM)
True

For me, I topup bit by bit to test water, and when I feel it is moving upward then will make a bigger topup
*
You are correct to test the water but bigger top up would not be a wise move. Probably you increase your average cost per unit. Probably the market would not be up for so long.
It is very difficult to TIME the market, need some luck most of the time.
shih
post Aug 7 2007, 06:29 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Is this a good time to switch? Average loss unrealized profit around 8-10% in 10 days. Or keep until GE?
shih
post Aug 7 2007, 11:32 PM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
my UT portfolio is more than 30k. RM25-RM100 for switching fee is considered penny since the UTs suffered ~10% since two weeks ago. Almost rm3000 unrealized profit gone with the wind.
shih
post Aug 8 2007, 01:48 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
QUOTE(raynman @ Aug 8 2007, 01:21 AM)
If your UT portfolio is X ringgit two weeks ago, it becomes 0.9X now if you suffered a 10% loss.
You must incur a 11.11% gain just to bring it back to X, and I can guarantee you it will not happen
in the next two weeks with this prevailing bearish sentiment. This is just for capital preservation,
without profits yet.

I suggest you switch to bond funds ASAP to stop the bleed in the coming days.

For me, I have cashed out all UTs and KLSE stocks two weeks ago, now waiting for the
right time to pick up some bargains in the coming months.

As investors, we must not only know what and when to buy, but equally important
is when to sell. I have a lot of friends who got caught because they dont know when
to sell. Most dont realize paper loss is actually real loss.

Good luck  icon_rolleyes.gif
*
How to get the 11.11%?

I dont know how the market is going to be, but i dont think any panic decision will help. Because I miss out the 10% profit and I dont see a long lose streak coming. Maybe I will switch partial of my UTs. I dont really think that the 10% will come back in 2 weeks time. Just hope it would be better until next Chinese New Year.

I considered myself lost some potential profit, not losing capital yet but for long term, it is still ok. Let's see what is the US Fed outcome.

If I switch 2 weeks back, I will switch to equity again. Dont know. I believe what I believe, KLCI suffered but will rebound, 100points is a good healthy correction.
shih
post Aug 8 2007, 08:34 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
Ok, thanks for your advice.
shih
post Aug 8 2007, 09:46 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
QUOTE(dzi921 @ Aug 8 2007, 09:37 AM)
I have an equity fund and were to switch to bond, and later on when I switch back from bond to equity

Will I be charged for the 5% to 7% again?
*
I dont think you need to pay the service charge again since you initially bought equity fund and paid the service charge already.
shih
post Aug 8 2007, 10:45 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
I check the prospectus already. Confirm NO addtional SERVICE CHARGE if you were charge 6.5% once. Just have to pay the switching fee. When you paid 6.5% for your units, it is called 'Loaded Unita'. No extra 6.5% charge again.

For switching from bond/money market fund, you pat 0.25% only and it is called 'Low-Loaded Units'. So, if you switch to equity, you need to pay 6.5%.

You need to be charged 6.5% ONCE only if you are playing switching to and from equity fund, including the initial service charge. Plus whatever switching fee.
shih
post Aug 8 2007, 10:55 AM

Regular
******
Senior Member
1,148 posts

Joined: Mar 2006
QUOTE(dzi921 @ Aug 8 2007, 10:48 AM)
If I were to buy Bond then switch to Equity, I will loose 0.25% + 6.5%

So, my theory of parking my money in Bond and do switching is not so effective huh?
*
Initially you will be charged 0.25%, and then if you switch to equity fund, 6.5% applied on that. After that, you can along with it any way you want it to be, just have to pay RM25 for every switching except money market.
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

7 Pages < 1 2 3 4 5 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.9636sec    0.95    7 queries    GZIP Disabled
Time is now: 11th December 2025 - 07:55 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.