i take the 100 % gain as a dengerous sign to sell the fund totaly,i not try my luck to wait a 100% return,got difference here.

anyway,still thankyou for the advice

can you please explain how to get this calculation?because i a fund newbe and not a finance nor mathematic profesional.my previous thinking is the 1 year gain is taking the fund 1 year performance at the lipper chart state date,while 3 year gain is the fund 3 year performance take from like the lipper chart state date.it looks likes my concept have some wrong.

Thankyou

There is not a certainty for the fund performance. It could be 3yrs>1yr or vice versa. The calculation on the fund performance is based on NAV, including all capital gained, distributions, and splitted units. However, seems like it does not include the initial service charge and annual management fees.
The calculation is very complicated since you need to track back all the fund activities 3 years back.

Thankyou,i think i get the picture now.it seen that my calculation is ok,just i not good in explain with proper english and mathematic sentance,another difference is everyone buys fund,way of invest,money of invest is not same,so this makes diference.

example,if i gain 25% in fund,since i invest in very few amount,so it will be not very suitable for me to withdraw,better hold or stop top up or buy more when it drop.

again,this just my situation and thinking.everyone please feel free to correct me if i am wrong.

got 100% ah but if 1 year 100% hard la

For fund investment in Malaysia,

100% of ROI for 5 to 7 years as mentioned by cherroy?! Then I agree, but I dun know which fund got such performance?!

100% of ROI for 1 year?! Brother, that is NONE.

Actually there's 1 fund made over 200% return this year.

But no fund could do that CONSISTENTLY every year.

Please tell its name. So that we can verify...
If your that fund was in year 1997... then,.... arr... .... please ignore my post here.

It still depends on how you look at the market, if you think that the market still can hit 1500 pts. Top-up still is an option. If you think that the market is going in reverse pattern, you need to stop topping up coz it would take some time to beat the initial service charge.

100% of ROI for 1 yr got LOH.... Cahaya Mata Sarawak (CMS TRUST MGT BHD)

1. CMS Islamic Fund - 122.05% (22/06/2006 - 22/06/2007)

2. CMS Premier Fund - 95.26% (22/06/2006 - 22/06/2007)

eventho the return is awesomely high.. im still pretty doubt about the asset preservation.. but if you r a risk taker.. why not give a shot..

For CMS Islamic Fund...
Selling price as at 22/06/2006 was 0.4859
NAV/Buy price as at 22/06/2007 was 0.9209

If using RM 10,000 to buy it, then number of units held was 10,000/0.4859 units.
And, the unit holder going to redeem all the units on 22/06/2007, amount gaining back would be
(10,000/0.4859)*0.9209 = RM 18,952.00

Let say, if CMS giving 5% free bonus units, then the total number of units held was (10,000/0.4859)+((10,000/0.4859)*5%)
Therefore, ((10,000/0.4859)+((10,000/0.4859)*5%))*0.9209 = RM 19,900.08


If by year to date,
For CMS Islamic Fund,
Current year(3rd Jan 2007) open: 0.6038
NAV/Buy price as at 22/06/2007 was 0.9209
Gaining was just 52.52%.

ps: is my calculation correct?!


edited:
within one year period,... i dun think it would give over 20% extra from
the annual dividend or unit split declared...

This post has been edited by edifgrto: Jun 25 2007, 08:30 PM

this two fund is very semiliar to PAGF,they only keep low percentage of asset in liquitity,sometimes can be even less than 4%.so they are super high risk fund

Magazine and newspaper got published the all the fund performance monthly or weekly, look out for it.
For those aggressive fund, surely perform very well in recent time due to bullishness of the market. The number 1 for 1 year period is Johor state fund followed by the CMS fund as mentioend gaining 150% for 1 year (after forumer has asked so check the newspaper published recently).
But this Johor state fund has lose more than 50% previous 2-3 year only recent Johor state related stock being 'goreng' due to the Iskandar development project then the fund recoup the losses. That's why for 1 year period then you see the 150% gain (but if you check back more than 3 years then no so impressive then since it made signficant losses previously.

have we noticed that these are funds managed by or basically controlled by the states?
CMS is controlled by S'wak G'vent.
I'm little skeptical in investing in this sort of funds with influenced by a certain political party.
But the rewards is indeed attractive for this:

but than again by looking at that example, how much was the fluctuation in price during that particular period (22/06/2006 - 22/06/2007) for that 2 funds?
Was it steadily increasing or was there surge and down peak here and there?

From morningstar website,
PJB Amanah Saham Johor - 280% (12m return)

Can we still buy that?!
For which time period?! (from when till when?)

I strongly suggesting you to buy that...

edited:
Whenever I heard of Amanah Saham, I got a tendency to buy that ... However, really rare to see any news of that. How can we buy that?! And, is there special requirement for that?

*sob*... i personally feel that,... these Amanah Saham things is not available at all. I dun have any chance to buy at all. Mostly sapu(ed) buy those big boys... You giving me something I can't buy. What a 10000% gaining mean for me then?!

This post has been edited by edifgrto: Jun 26 2007, 02:53 PM

one thing I would like to ask quite a long time.
we've known that UT is controlled by fund managers and the success of the fund is basically on how the fund managers invest...right no?
than how we usually evaluate a performing or eventually how we choose a is usually based how strong it's past performance....agree?
Basically we're talking about history.....
So who actually looks at the future or evaluate whether or not its a good fund or not?
Look at the usual openings of a government related funds; everyone flocks in and queue from morning till the bank close just to buy the fund because of past histories.
What will happen in the future??

This is the topic I dare not bring up with my gf as it would contradict her work as a UT seller.
So anyone can enlighten me?? Or correct me if I made the wrong assumptions?

Your answer can be found here.

http://www.publicmutual.com.my/article.aspx?id=97

I do understand the concept of "confidence".....which is being portrayed.
But does one ever asked this silly question that I had....
who was the fund manager during that era? and who's the fund manager now?
For instance; football....under the era of a certain manager, that particular clubs grows. But than comes a day whereby he retires; someone else takes over the club....are we still holding the same water saying that based on past performance and confidence in the "managerial" quality of the team that it's going to perform? We need to focus on the different managers, aren't we?
Just a silly thought and inquisition...pardon me for my naive ignorance.

---

Added on June 26, 2007, 2:54 pmthus one thing I would like to advise UT sellers out there; is not too always focus on selling based on past performance (which apparently is the main lingo).
I would prefer a seller convincing me why this fund instead of that based on an economical analysis.

This post has been edited by b00n: Jun 26 2007, 02:55 PM

Yes, it should be done this way. Economy cycle is the most influential factor in stock market. That's why you see market tumble when inflation data is out of control or economy run into recession.

Past performance only used as reference on creditibility of a fund manager. It is not about whether the fund make money or not but rather if a fund manager always outperform others then it is worth to look at.