Back to 3.2 level..

Coming up next: Zeti replaced by a pro-bijan guy, and ringgit plunges to historic low...

Have money don't know which country/region to put?
wanna follow?
FSM Managed Portfolios   
Monthly Investment Portfolio Commentary
Data as at 30 September 2015
http://www.fundsupermart.com.hk/hk/main/re...articleNo=10526

Yes, previous RHB fund series obtained good results. Some brief insights:-

Pros

1.  We cannot redeem within 5 years. Therefore no such thing as panic selling or making emotional decision. We cannot even check the NAV price every day if I am not mistaken.

2.  Superior return and less volatile as compared to stocks and hedge funds?

Cons / Risks

1.    Generally all the risks are stated in the Product Highlight Sheet.
2.    Cannot redeem within 5 years. Therefore we have to make sure that we have emergency fund for medical expenses, etc.
3.    It is a closed ended fund and not a unit trust. Therefore there is no such thing as using DCA or Value Averaging to average down the costs of the NAV.
4.    It is NOT capital guaranteed. The returns are also not guaranteed.
5.    The fund is incorporated in the Cayman Islands. If things go south, I don't think even Securities Commission can help the investors.

Comparison with other products

1.  EPF - Self contribution maximum up to RM60K per year. Minimum statutory annual dividend of 2.5% per annum. Capital guaranteed.

2.  Insurance endowment policy. Minimum lock in period of 10 years? Interest rate and bonus of about 5% (my wild guess). Capital guaranteed.

3.  Fixed deposit. Current return of about 4.05% for 12 months (Maybank). Minimum deposit RM30K. Capital guaranteed.
Conclusion

The RHB fund aims to double its investment in 5 years. This works out to a return of about 14.87 % per annum. Roughly you expect to see about RM14,870.00 return per year for a RM100k investment.

Yes, I believe it is the same management team as the previous RHB Fund. The fund managers are based in Singapore.

I agree that unlikely that it will suffer 100% loss. The only downside is the 5 years lock in period without any capital guaranteed. But this is how private equity funds work apparently.

So is the fund worth buying? I am not sure. See more info at
http://www.fundsupermart.com.my/main/resea...te-Equity--6375

What Moody's Is Watching as Malaysian Credit-Default Swaps Soar
http://www.bloomberg.com/news/articles/201...ault-swaps-soar

I have said this before and I will repeat it here again for benefit of newcomers:

Our KLCI is very unique. Foreign institutional buyers will "park" their funds here during times of uncertainties. When there are bull run opportunity else where for example the previous run was due to the "speculative" fed interest rate hike, the ran away to create alpha (excess market return) for their funds.

Now that the "news" is nothing but a dud, they come back here to park their money again to wait for another opportunity. They know that our KLCI will not drop a lot due to KLCI having big cushion i.e., Khazanah, PNB, LTH, LATM, KWSP etc...

KLCI it is a favourite R&R place for these foreign fund to recuperate and rest.

Xuzen

see this also? 
Funds volume (By sales)
http://www.fundsupermart.com.my/main/fundinfo/topFunds.svdo

target return 100% in five years = 14.4% p.a. annualised nia.

Even our humble Lee Sook Yee      fund has been doing 16.7% p.a. consistently for the past ten years!

What is so great?

Xuzen

Lee sook yee. What's the name of the fund?

Bloomberg has the NAV for 21/10. Suggested you to use Bloomberg ady

Btw, hnws join this thread ady. Suddenly 70+ new post

XD.  Maybe ? XD

Btw.  2 out of 4 if my funds gone green lieu.  Happy or sad. Lmao! !!!

"Today's weak markets actually suit us, as we like to accumulate high quality assets as cheaply as possible. Poor sentiment is currently throwing up opportunities we haven't seen for a while. Malaysia is home to plenty of well-run companies and the economy is in good hands," said Aberdeen Islamic Asset Management Sdn Bhd (AIAMSB) chief executive officer, Gerald Ambrose.

Just study his balls

His reply means study azogen. Apa lu fikir?

I am risk-aversive. But I have been investing in stocks and equity funds.

Why? Because I know what I am doing.

Forget what people say about risk appetite. If you have the necessary knowledge and your conditions are right (e.g. you don't need the invested money in 5 years), you can take risk... calculated risk.

Seriously I am amazed by the patience, dedication and effort by Pink Spider, Xuzen, Unker Looi and others in posting lengthy replies and explanations to guide the new members to FSM.

This is especially so during this weekend when the CIS of FSM are closed.
At least CIS gets paid but you guys are doing it voluntarily.

You have earned my respect. How I wish some reward scheme is possible