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 Fund Investment Corner, Please share anything about Fund.

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TSedifgrto
post Mar 30 2007, 08:22 PM

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QUOTE(dreamer101 @ Mar 30 2007, 11:34 AM)
Do this for 10 to 20 years, then it is a big deal.

Dreamer

Hi dreamer101 uncle, can US or any oversea funds last for 10 to 20 years one?! I mean,... like their performance in 20 years time period?

As I know, Some Malaysia funds can have over 10 years if me not mistaken. But the encouraging time for people to keep the fund is only for 1 to 5 years. As for me, i would only do that for 1 to 3 years. biggrin.gif

This post has been edited by edifgrto: Mar 30 2007, 08:31 PM
dreamer101
post Mar 30 2007, 09:03 PM

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QUOTE(edifgrto @ Mar 30 2007, 08:22 PM)
Hi dreamer101 uncle, can US or any oversea funds last for 10 to 20 years one?! I mean,... like their performance in 20 years time period?

As I know, Some Malaysia funds can have over 10 years if me not mistaken. But the encouraging time for people to keep the fund is only for 1 to 5 years. As for me, i would only do that for 1 to 3 years.  biggrin.gif
*
1) Historically, only one fund that deliver that kind of performance (20+%) for 20 years. That was the Fidelity Magellan fund when Peter Lynch was the fund manager. By the way, after Peter Lynch retired, this fund no longer has good performance.

2) IMHO, I do not believe any fund in Malaysia is worth investing in. The only exception is ASB for the Bumi.

3) People who makes this kind of statement (my fund makes 20% to 30% in 1 1/2 years) are usually a NOOB. That is the WRONG way to evaluate a fund. The proper to evaluate the fund si to use how they perform as per benchmark:

For example,

If stock market went up 30%, the fund is doing 20% -> This is bad

If the stock market went down 10%, the fund is doing -5% -> This is great.

The fund has to do better than the market. Or else, we should just invest on an index fund.

4) VWELX -> Vanguard Wellington fund started in 1929. It is still one of the best balanced fund even now.

Dreamer

This post has been edited by dreamer101: Mar 30 2007, 09:03 PM
TSedifgrto
post Mar 31 2007, 11:20 AM

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QUOTE(dreamer101 @ Mar 30 2007, 09:03 PM)
1)  Historically, only one fund that deliver that kind of performance (20+%) for 20 years.  That was the Fidelity Magellan fund when Peter Lynch was the fund manager.  By the way, after Peter Lynch retired, this fund no longer has good performance.

2) IMHO, I do not believe any fund in Malaysia is worth investing in.  The only exception is ASB for the Bumi.

3) People who makes this kind of statement (my fund makes 20% to 30% in 1 1/2 years) are usually a NOOB.  That is the WRONG way to evaluate a fund.  The proper to evaluate the fund si to use how they perform as per benchmark:

For example,
If stock market went up 30%, the fund is doing 20%  -> This is bad
If the stock market went down 10%, the fund is doing -5% -> This is great.
The fund has to do better than the market.  Or else, we should just invest on an index fund.

4) VWELX -> Vanguard Wellington fund started in 1929.  It is still one of the best balanced fund even now.

Dreamer

2) Personally, I no choice. As my knowledge in this field is limited... So far, Malaysia funds still very satisfying me.

3) Well, I have to disagree here. Dun you think it's too fast jumping into conclusion?! Given that one just said,

-my fund makes 20% to 30% in 1 1/2 years(a reality and real life experience. Full stop here)
Just an real life experience sharing.

-my fund would make 20% to 30% in 1 1/2 years(not real yet)
Perhaps a n00b, perhaps not...

Besides, take me as example. I never admitting myself not a n00b, irregardless if anyone calling me?! or I myself denying that I'm always a n00b. Being n00b always need to learn something new! rclxm9.gif

Edited: for the example you gave. It's really making sense. Thank you very much for the sharing. I would keep that in mind. Pin it up... to memorise them...

If stock market went up 30%, the fund is doing 20% -> This is bad
If the stock market went down 10%, the fund is doing -5% -> This is great.
The fund has to do better than the market. Or else, we should just invest on an index fund.




This post has been edited by edifgrto: Mar 31 2007, 12:03 PM
dreamer101
post Mar 31 2007, 12:26 PM

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QUOTE(edifgrto @ Mar 31 2007, 11:20 AM)

3) Well, I have to disagree here. Dun you think it's too fast jumping into conclusion?! Given that one just said,

-my fund makes 20% to 30% in 1 1/2 years(a reality and real life experience. Full stop here)
Just an real life experience sharing.

-my fund would make 20% to 30% in 1 1/2 years(not real yet)
Perhaps a n00b, perhaps not...

Besides, take me as example. I never admitting myself not a n00b, irregardless if anyone calling me?! or I myself denying that I'm always a n00b. Being n00b always need to learn something new!  rclxm9.gif

Edited: for the example you gave. It's really making sense. Thank you very much for the sharing. I would keep that in mind. Pin it up... to memorise them...

If stock market went up 30%, the fund is doing 20%  -> This is bad
If the stock market went down 10%, the fund is doing -5% -> This is great.
The fund has to do better than the market.  Or else, we should just invest on an index fund.

*
edifgrto,

We need to educate and become better. Only by becoming better, we can hope for better unit trust and fund manager in Malaysia.

In USA, whenever someone mentions about any fund performance, it is always compare to a benchmark.

For example, in that period, S&P went up 10%, this fund deliver 15% performance.

Dreamer


Gazard7
post Mar 31 2007, 01:19 PM

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QUOTE(dreamer101 @ Mar 30 2007, 09:03 PM)
1)  Historically, only one fund that deliver that kind of performance (20+%) for 20 years.  That was the Fidelity Magellan fund when Peter Lynch was the fund manager.  By the way, after Peter Lynch retired, this fund no longer has good performance.

2) IMHO, I do not believe any fund in Malaysia is worth investing in.  The only exception is ASB for the Bumi.

3) People who makes this kind of statement (my fund makes 20% to 30% in 1 1/2 years) are usually a NOOB.  That is the WRONG way to evaluate a fund.  The proper to evaluate the fund si to use how they perform as per benchmark:

For example,

If stock market went up 30%, the fund is doing 20%  -> This is bad

If the stock market went down 10%, the fund is doing -5% -> This is great.

The fund has to do better than the market.  Or else, we should just invest on an index fund.

4) VWELX -> Vanguard Wellington fund started in 1929.  It is still one of the best balanced fund even now.

Dreamer
*
Just want to ask, how to invest in Vanguard Wellington fund for us malaysian here?
Grengo01
post Apr 6 2007, 12:09 PM

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QUOTE(edifgrto @ Mar 30 2007, 08:22 PM)
Hi dreamer101 uncle, can US or any oversea funds last for 10 to 20 years one?! I mean,... like their performance in 20 years time period?

As I know, Some Malaysia funds can have over 10 years if me not mistaken. But the encouraging time for people to keep the fund is only for 1 to 5 years. As for me, i would only do that for 1 to 3 years.  biggrin.gif
*
Edit, trust funds are for mid to long term. Its never for 1-2 years. Shifting around maybe but no withdrawal.

Btw, the following data is food for thought:

Name of fund 1/3/07 to date 1 year to date

PIX 8.77% 38.11%
PIF 8.95% 44.62%
PAGF 8.75% 44.10%
PEF 8.77% 37.90%
PFSF 7.10% 44.74%
PFES 7.32% 29.04%

Looks like Public's best regional fund is hopeless, while their domestic funds, interestingly their index fund seems to be performing decently after the Feb sell down while their Focus Select Fund is struggling although it is the best performer for the 1 year bracket. my big question is.. is this the laggard that will outshine the other funds?
TSedifgrto
post Apr 8 2007, 02:20 PM

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QUOTE(Grengo01 @ Apr 6 2007, 12:09 PM)
Edit, trust funds are for mid to long term. Its never for 1-2 years. Shifting around maybe but no withdrawal.

Btw, the following data is food for thought:

Name of fund      1/3/07 to date    1 year to date

PIX                            8.77%              38.11%
PIF                            8.95%              44.62%
PAGF                        8.75%              44.10%
PEF                            8.77%              37.90%
PFSF                          7.10%              44.74%
PFES                          7.32%              29.04%

Looks like Public's best regional fund is hopeless, while their domestic funds, interestingly their index fund seems to be performing decently after the Feb sell down while their Focus Select Fund is struggling although it is the best performer for the 1 year bracket. my big question is.. is this the laggard that will outshine the other funds?

At least is 29.04%!!! rclxub.gif

Your lowest is higher than my highest... sweat.gif
My highest is PBAEF at 22.49%

PB Asia Equity Fund 22.49%
Public Islamic Balanced 8.28%
Public Far-East Dividend Fund 4.27%

Public Far-East Balanced Fund -5.10%

All not enough 1 year yet... And, I dun have any that over 1 year... icon_rolleyes.gif
PRUasia Select Income fund at 13.18%. I already redeem all the units. It's my agent recommending me to take it out... Therefore, not so sure if keep for 3 years. What would happen to it... ?! Anyway, I dun care about that... since already redeemed. Looking back also no use, right?

I got a tendency to switch this PFEBF to PFEDF very much... now still considering...(but normally, i just considering... me no action one, lazy people here. laugh.gif )

This post has been edited by edifgrto: Apr 8 2007, 02:25 PM
SUSDavid83
post Apr 8 2007, 08:47 PM

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QUOTE(edifgrto @ Apr 8 2007, 02:20 PM)
At least is 29.04%!!!  rclxub.gif

Your lowest is higher than my highest...  sweat.gif
My highest is PBAEF at 22.49%
*
But PFES is older than PBAEF. You should be glad as your PBAEF has a good return of more than 20% for a fund ages less than a year.

TSedifgrto
post Apr 9 2007, 11:31 AM

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QUOTE(David83 @ Apr 8 2007, 08:47 PM)
But PFES is older than PBAEF. You should be glad as your PBAEF has a good return of more than 20% for a fund ages less than a year.

arr,... sounds like you are right. Let me see, i got it since 5th July 2006. Still got about 3 months to go... icon_rolleyes.gif

Actually if you asking me, I buying shares also can't get that high... Me very n00b in Share... laugh.gif

Grengo01
post Apr 9 2007, 05:43 PM

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QUOTE(edifgrto @ Apr 9 2007, 11:31 AM)
arr,... sounds like you are right. Let me see,  i got it since 5th July 2006. Still got about 3 months to go... icon_rolleyes.gif

Actually if you asking me, I buying shares also can't get that high... Me very n00b in Share... laugh.gif
*
How true.... you make some money you get adventurous and get burnt elsewhere... should have stuck to the portfolio that one is familiar with.... sad.gif.

Same here..... sad.gif

This post has been edited by Grengo01: Apr 10 2007, 09:52 AM
Law
post Apr 10 2007, 02:49 AM

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www.egtrusts.com

PM me if any doubt to it...

i earned some from this...

hehe^^
ALeUNe
post Apr 10 2007, 09:04 AM

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QUOTE(Law @ Apr 10 2007, 02:49 AM)
www.egtrusts.com

PM me if any doubt to it...

i earned some from this...

hehe^^
*
2-3% daily shit? It is not sustainable. shakehead.gif
Stop selling your underground shit on the surface. Keep it underground.
Stop spamming too. doh.gif
dreamer101
post Apr 10 2007, 09:21 AM

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QUOTE(Gazard7 @ Mar 31 2007, 01:19 PM)
Just want to ask, how to invest in Vanguard Wellington fund for us malaysian here?
*
I do not think that is possible. What might be possible is if you open a etrade stock brokerage A/C and buy / sell Exchange Linked Fund (ELF) version of mutual fund.

Dreamer


pidah
post Apr 10 2007, 02:59 PM

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KLCI touches 1,300

By IZWAN IDRIS

PETALING JAYA: The KL Composite Index (KLCI) took a stab at the 1,300-point level for the first time in 13 years, as buying interest on the local bourse extended for the fifth straight day.

The benchmark index gained 19.44 points, or 1.5%, to 1,298.36 - its highest since Jan 5, 1994. The KLCI hit an intra-day high of 1,300.94 points yesterday.

Shares in Genting Bhd led the gainers, closing RM1.75 higher at a record RM44, ahead of its one-to-five share split ex date tomorrow.

Plantation counters IOI Corp Bhd and Kuala Lumpur Kepong Bhd were also traded to new highs after crude palm oil futures on Bursa Malaysia Derivatives climbed to a fresh eight-year peak.

A total of 763 stocks advanced against 208 decliners, while 228 counters were unchanged.

"The temptation to take profit is high,'' a fund manager said.

The KLCI has risen 17% over the past month and recovered fully from the six-day plunge that ended on March 5.

The index, which has gone up 18.4% since January, is currently the region's best-performing benchmark behind China and Vietnam's main stock market measures year-to-date.

But the KLCI's sustained rise in recent weeks failed to attract a larger segment of the market, particularly retail investors.

Total daily trades on the local bourse dwindled to a low of 1.4 billion shares last Friday, but yesterday's climb lifted the volume to 2.1 billion.

In comparison, market turnover hit a record 4.78 billion shares on Feb 22. A day later, the KLCI hit its previous 13-year peak of 1,283 points.

According to a local brokerage, the local market is overdue for a "healthy" correction, pointing out that the KLCI's major technical indicators were currently "overbought".

"We still need more feel-good catalysts to reinforce the rally's buying interest,'' the brokerage said in its weekly market outlook report yesterday.

Elsewhere in the region, shares on Asian markets that were opened for trading yesterday saw higher closings, expect in Thailand.

The markets in Hong Kong, the Philippines, Australia and New Zealand were closed for holiday.

user posted image

source biz.thestar.com.my


-------------------------------------------------------------------------------------------------------------------------------------------------


today's KLCI -
user posted image

This post has been edited by pidah: Apr 10 2007, 03:07 PM
TSedifgrto
post Apr 11 2007, 07:30 PM

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Indeed, 10 years ago, we can't break this 1314... after so long time. Our market, production rate is far more enough to support it. Hopefully nothing goes wrong later, i just hope to see something promising!

edited:
Forgotten to mention here,
Public Mutual got launch this Public Islamic Asia Dividend Fund. Offer period is from 3th April 2007 till 29th April 2007. Anyone got done any study on that?! I was told that this is a moderate risk investment. Type of fund is Income type. Category is Equity Fund(Shariah).

Issue price is 0.2500...
Distribution policy is annual income.

The agent passed me the prospectus. I kinda of feel want to buy it...

My question is like this, let say,

Condition 1: I keep buying new funds, take the offers?! Then the number of funds I involved would increased.
Condition 2: Shall I just invest some funds which are fixed.
Actually which one is better?!

Anyone got any comment on it?! unsure.gif
I asked my agent. He said the same. Since got the offers...


This post has been edited by edifgrto: Apr 11 2007, 08:17 PM
SUSDavid83
post Apr 11 2007, 08:29 PM

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edifgrto, who does "some funds which are fixed" mean? Fixed in what sense?
TSedifgrto
post Apr 11 2007, 08:49 PM

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QUOTE(David83 @ Apr 11 2007, 08:29 PM)
edifgrto, who does "some funds which are fixed" mean? Fixed in what sense?

sorry for not making it a clearer picture. what I meant was,

I bought funds A, B and C.
And then, when I got some extra $ after a period. Then, I would have to invest in fund A, B and C again. Where the funds I investing are fixed at fund A, B and C strictly. No investment on newly launched fund.

which one good?! unsure.gif


cheers.gif

This post has been edited by edifgrto: Apr 11 2007, 08:50 PM
pidah
post Apr 12 2007, 06:05 PM

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edifgrto

actually both method are good. first method; condition no.1 its like you do asset allocation in your unit trust investment acquiring few funds to generate money for you; not just too rely on 1-2 funds. And also normally any new funds launch, it will come with extra additional free units.

second method; condition no.2 - IF fund A, B, and C performance are really good. Just topup ur investment to get more units. But make sure you buy at the low price.

A financial investment example
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just my 2 bytes

This post has been edited by pidah: Apr 13 2007, 03:36 PM
TSedifgrto
post Apr 12 2007, 07:20 PM

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hmm mm,... smarter people can make 2 choices to be a pair of good choice.

Thank you very much, pidah!!!
How come I never thought of that... nod.gif

This post has been edited by edifgrto: Apr 12 2007, 07:21 PM
sewerside
post Apr 14 2007, 01:49 PM

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hi pidah, i would to ask, if in the case of your opinion for second method; condition no. 2, whereas A,B and C performances are really good and keep going up, i just don't know when's the right time to top up? wait for it to drop? or top up immediately when it's speculated to be going even higher soon?

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