Hi, Thank for the explanation, but for Month 4 : how come the value become RM26666.67. even the NAV stay Rm2.00?

Meaning to say that , performance/growth chart vs price chart the only different is performance chart are including those distribution, but price chart are not(as it purely track on the price). Am I right?

Selling pressure on Malaysian equities saw the FBM KLCI falling more than 13 points on Tuesday, which was the biggest one-day fall in recent weeks as the index snapping its more than two-weeks advance.

Among the key regional markets,

Japan’s Nikkei 225 rose 0.42% to 18,207.15;

Hong Kong’s Hang Seng Index fell 0.37% to 22,989.22;

CSI 300 rose 1.23% to 3,577.70;

Shanghai’s Composite Index rose 1.14% to 3,425.33;

Shenzen Composite jumped 1.97% to 2,008.48;

Hang Seng China Enterprise fell 0.37% to 10,649.45;

Taiwan’s Taiex rose 0.26% to 8,653.60;

South Korea’s Kospi rose 0.45% to 2,039.36; and

Singapore’s Straits Times Index edged up 0.05% to 3,025.93.

China H-Shares: Capture Opportunities In This Golden October

Moving into October, the market is all eyeing on the fifth plenary meeting which will be held on 26 to 29 October, with 13th Five Year Development Plan being one of the important agenda for this meeting. In this article, we highlight some of the catalysts that will likely drive H-Shares valuation higher and discuss the values for investing in China H shares market.

Key Points:

1. The onshore and offshore Chinese markets as represented by CSI 300 and Hang Seng Mainland 100 (HSML100) Index have receded -35.6% and -24.6% respectively from year high (as of 12 October 2015, returns in local currency terms).
2. With the fundamentals of Chinese equity market remains intact, we opined that the recent sell-off on the back of “China’s hard landing expectation” is somewhat overdone, providing a good entry point for medium to long term investors.
3. In comparison with the developed markets, valuation for China H-shares remains attractive, with its HSML100 Index trading at 9.78X and 9.04X estimated PE for 2016 and 2017, far from its 13X fair PE level.
In view of the inevitable RMB devaluation along with the RMB internationalisation, we favour China H shares as they are in a better position to withstand currency risks from this initiative compared to the China A shares.
4. The Chinese heavy intervened the market earlier had struck investors’ faith. The intervention had also dampened the investment sentiment and triggered morale hazard in the market. With the policy focus switched from “financial market intervention” to “economic driven initiatives”, the market has started to normalize ever since then.
5. With various economic reforms such as “China’s Economic Transition” and “Capital Markets Liberalization” under the 13th Five Year Development Plan remain intact, we maintain our favourable outlook for China.

The onshore and offshore Chinese markets as represented by CSI 300 and Hang Seng Mainland 100 (HSML100) Index have receded -35.6% and -24.6% respectively from year high (returns in local currency terms as of 12 October 2015), which resulted in a sluggish third quarter for Chinese equities (refer to Table 1). With no major deterioration in the fundamentals of Chinese equity market, we opined that the recent sell-off on the back of “China’s hard landing expectation” is somewhat overdone, providing a good entry point for medium to long term investors.

URL: http://fundsupermart.com.my/main/research/...en-October-6427

New Fund Announcement

1. Eastspring Investments Asian High Yield Bond MY Fund (Wholesale Fund*)
2. Eastspring Investments Japan Dynamic MY Fund (Wholesale Fund*)
3. RHB Asian High Yield Fund (Wholesale Fund)
4.Templeton Global Balanced Fund (Wholesale Fund*)
5. Templeton Global Equity Fund (Wholesale Fund*)
6. RHB Pre-IPO & Special Situation Fund 3 (Wholesale Fund*)
7. AmPRS - Asia Pacific REITs
8. Affin Hwang Aiiman PRS Shariah Moderate Fund

URL: http://fundsupermart.com.my/main/research/...nouncement-6419

6 of them are Wholesale Fund while the remaining 2 are PRS fund.

The performance chart shows the real growth of the fund. It has nothing to do with its NAV price.

The NAV price of UT is not the same as stock price. And "income distribution" is not same as in stock's dividend.
The NAV price is adjusted DOWN after each income distribution. So it is meaningless to make a chart on the NAV price.

The NAV price usually means the price per unit. After an income distribution, and if the distribution is re-invested, you will be getting more units.

Lastly, a Public Mutual bond fund is usually launched at RM1.00. Even if it had grown several hundreds percent, it will not go beyond RM2.00. Usually within range of RM1 plus/minus 10 or 20 sens.

I find it very misleading when sites make charts on NAV prices, and to put NAV prices as a watchlist to time the entry into the fund.

The author in that linked article was trying to explained that the Performance Chart do not includes the service charges. When the service charge is included into your investment to calculate the ROI, there is a difference.

The performance chart shows the growth of the fund at any given time. It shows the growth of your investment EXCLUDING the service charge.


This post has been edited by j.passing.by: Oct 20 2015, 07:54 PM

New Feature: FSM Fund Watch List

BENEFITS OF THE FUND WATCH LIST

1. You can add funds into the Fund Watch List and track them whenever you want. This will save you time from searching for these funds again.
2. You can track the price of a fund by setting the ceiling price and floor price. An email will be sent to you when these prices are reached.
3. You can view the fund performance across various periods from as short as 1 week up to 10 years (where applicable) as well as the return of a fund from the date you start to track it, expressed in %.

Guide to use: http://fundsupermart.com.my/main/research/...Watch-List-6418

Quick Update: Indonesia Takes On The “Active Interventionist” Role

One week after that (7 October 2015), the Indonesian government announced its third round of stimulus package to boost the nation’s dampening economy. While the previous packages targeted on cutting bureaucracy and stabilising the local currency, the third package emphasised mainly on reducing costs for businesses and providing aid to farmers and SMEs. Some of the key measures that have been introduced are:

1. Lower energy prices for companies (discount on electricity tariffs, lower prices for natural gas, diesel and gasoline)
2. Insurance plan for farmers on crop failure
3. Access of subsidized loans for small businesses
4. Expedite land-use rights for factory constructions

Read more:

Thanks

Ah, that's because of the distribution. You have:

Before distribution: 10000 units worth RM2.00 each.
After distribution: 10000 units worth RM1.50 each + RM5000 (distribution was RM0.50 per unit x 10000). This RM5000 is reinvested to purchase more units at RM1.50 per unit, so RM5000 / RM1.50 = 3333.33 units. Bringing your total amount of units to 13333.33.

In Month 4, when the price goes back up to RM2.00, the value of your holdings become 13333.33 x RM2.00 = RM26666.67. Basically distribution turns a portion of the value of each unit into money (RM2.00 = RM1.50 + RM0.50).

More or less, yeah. For funds that don't do distributions/unit splits etc, the price chart will be the same as the performance chart.

Feeling same thing here, how you predict?

Portfolio mcm double triple jump from last week. Last week all red. This week all green. Thanks to MYR depreciation. Lol

I can't really predict. (Anyone who says he/she can is just gambling.)
For stocks, I will do a valuation and decide whether to buy.
For UT, I can only do DCA to minimize the risk.

some thing to ponder about this morning....



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Meaning that is the same as what idyllrain explained right?

as example below
Month 1: Buy 10000 units @ RM1.00
Month 2: NAV is RM2.00. Value of investments become RM20000.
Month 3: NAV is RM2.00. Fund declares distribution RM0.50. NAV becomes RM1.50. Value of holdings still RM20000
Month 4: NAV is RM2.00. Value of holdings become RM26666.67.

Ok, got it thanks!

...just saw this .....
Don’t Be Fooled Looking at Only Mutual Fund Rankings
http://www.msn.com/en-my/money/mutualfunds...d=mailsignoutmd

seems i am far behind to those 16%..

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This feature is cool!

yes... I walk with the majority!