Cheap or not I don't know la. But MYR looks like depreciating. I would say hold your bullets first. Follow Pinky advice wait till MYR further appreciate to 3.8 so can buy cheaper

If you think MYR gonna depreciate further and market gonna be bullish then buy lo. It's up to your gut feeling

Exclude GLC? The 15 richest families' assets include those in other countries?
What you will hear gomen saying is that: Bumi are still poor and need more government help.
And bijan will say: Malays without umno will bangsat.

guys, i wanna ask regarding on this ponzi style investment
if i go to fund selector, and sort based on highest ROI for 1 month, it says 4%.
is that mean 4% for 1 month or it is annualized?
because i see for 2 years and more, the ROI says % with annualized but for less than 1 year, it dont.
is that mean if a person invest for 1 month with 4% ROI, 12 months equivalent to ~50%?

*dont include the sales charge at the moment. just want to confirm on the basic ROI first

Dah Nampak, nak Tanya lagi

U CANNOT annualise like that...UT is not FD...it fluctuates
it could be, during the past 1 month, market rallied...
u cannot expect perpetual rally

This post has been edited by Pink Spider: Oct 15 2015, 09:48 AM

Try use these tools to see.....

remember Pink's reminder: "it could be, during the past 1 month, market rallied...
u cannot expect perpetual rally"


Attached image(s)

relax, chill la bro
that is why want to confirm. tak tanya tak tahu.
later on people will say "stupid la ROI is normally annualise" or "stupid la ROI already mentioned there"
both situation can happen
the name itself "ponzi" define everything
its totally misleading compared to normal investment, that is why i wanna ask
for UT, no one can expect it to be perpetual rally. that is why i put ~ symbol there.

Ponzi tu nickname saja lar

Yeap. LOL.. it's nickname .. =P

so is Evergreen Fund, Ponzi 1.0, Ponzi 2.0, Titanic, Anitamui Fund

I took profit today from the following funds:-

(1) KGF
(2) Eastspring Small Cap
(3) Ta European Equity Fund
(4) RHB Asian Total Return Fund

cost of buying/selling mutual funds

loading 2%
expense ratio 2%(not inclusive of trading cost and capital gain tax incurred in some mature market eg usa-these are hidden cost)
buying and selling (daily fluctuation of stock prices approximately 1%)2%
total cost =6%
the fund must deliver a return of 6% annualised to get even before any profit can be realised

moral of the story-dont drift like those fund managers who chases current winners churning the portfolio away from their stated objectives

And switched to?

European equities quite weak recently...what makes u take "profit"?

Bro, don't over-trade UTs lar...

just invested on my first fund

This is for their internal fund manager or this info talk about investor?

ROI: 7.64%, IRR: 8.09%

Fund	IRR (%)	ROI (%)
Kenanga Growth Fund	5.20	5.79
Aberdeen Islamic World Equity Fund	9.21	9.81
CIMB Asia Pacific Dynamic Income Fund	10.61	9.56
CIMB AP PRS	10.20	6.26
Manulife India	5.44	3.81
Eastspring AxJ Target Return Fund	5.16	3.78
RHB Asian Total Return Fund	23.22	13.46

the changes in 2 weeks...

I intra switched all the profits into their equivalent bond houses. I agree that we should not overtrade on UTs....but my fingers are just too itchy sometimes.

Sorry ar. I am not really setting a good example in investing in unit trusts.

Other forumers, please don't follow Vanguard's footstep. He will lead you to Holland.

Note : (1) My profit for the TA European Fund was only 6.73%. I think it fell from an initial profit of more than 10% within 1 week.

(2) My definition of "taking profits" is just my layman understanding. For e.g. if I put RM10K in KGF fund and it grew 10%, I took out the RM1000 profit and parked in into the Kenanga Bond Fund. When the NAV of KGF falls later, I switched back the RM1000 into KGF again (usually quarterly). Strictly speaking, not Value Averaging. Like this OK ar, Pink Spider?

This post has been edited by Vanguard 2015: Oct 15 2015, 06:14 PM

Ok

Speaking of taking profit... a very volatile fund such as below can let one make handsome game... but the risk is just too demanding

But if you like to trade / gamble... try AmPrecious, in one mth gain 13.5%, but its volatility is like 33%. The past three year track record shows 67% of the time it swings between -57% to +9%. If you time it right, when it is at its base of -57%, and it swings to +9%, you would have made a handsome gain of 66% ROI.

Xuzen

What is Anitamui Fund?

nexona88
Can you add to post #11?

This post has been edited by river.sand: Oct 15 2015, 07:54 PM

Libra Asnita Bond Fund

well there are costs involved in running a mutual fund
1 administrative cost inclusive of trustee fees
2 you need to pay the financial wizards or managers to do the bidding for you in the hope that they beat the index
3 in trading stocks the fund needs to pay brokerage fees and taxes ie trading cost plus capital gain from selling those stocks in some countries(hidden cost)-investors pay for this trading cost which is deducted from the fund
4 when you buy/sell units you inadvertently incurred additional cost to your trade.the general assumption is that the daily fluctuation of stock PRICES is about 1%
5 front/end loaded fees

1+2=2%
4=2%
5=2%
3 is indeterminable as this cost is dependent on the frequency of trading of the fund

not lucid enough, perhaps you need to talk to an independent financial adviser with no vested interest in your investment