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 Fundsupermart.com v12, Najibnomics to lift KLCI?

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dasecret
post Dec 4 2015, 03:30 PM

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QUOTE(wil-i-am @ Dec 4 2015, 02:53 PM)
In fact, some balance/bond Fund in Asia fares better than Ponzi 2
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Particularly RHB Asian Total Return? But this fund, the main contributor is forex, not sure how sustainable is the returns. It is after all a bond fund

I also have RHB Asian Income which I liked, it's slow and steady, don't go as high as Ponzi previously, but when it falls, it's not as painful
dasecret
post Dec 4 2015, 03:32 PM

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QUOTE(nexona88 @ Dec 4 2015, 02:54 PM)
looks u kinda heavy on asia
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That's why now have to pull handbrake lor

But I'm not into single country funds, and not into MY, and developed markets so ex jor, that's why that time keep pouring into asia lor
dasecret
post Dec 7 2015, 10:59 AM

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QUOTE(xuzen @ Dec 5 2015, 04:39 PM)
You sounds like a person who knows a little bit about MPT.

Here's an imaginary portfolio:

Three funds:

I) All three funds have Risk to Reward Ratio is > 2

II) All three funds corr-coeff is around 0.50 to 0.60

Good boh?

Xuzen
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Boss, how to calculate correlation between funds? notworthy.gif
dasecret
post Dec 7 2015, 11:02 AM

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QUOTE(Ramjade @ Dec 5 2015, 04:54 PM)
ASG. Taruh last year. 5% SC. Then after taruh, it drop from rm1.20 to rm0.90 so you can see how much losses I make. mad.gif vmad.gif cry.gif
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If ASG is a indication of the actual performance of ASM, ASW etc, you still want to think ASM and the likes are FD on steroids?!!!

rclxub.gif doh.gif

But I'm supposed to stop myself from commenting anymore about this matter
dasecret
post Dec 7 2015, 11:39 AM

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QUOTE(Ramjade @ Dec 7 2015, 11:10 AM)
As long as continue buy and sell at rm1/unit, no SC, dividend paid out at 6.X%, instant redemption, who cares the actual indicator.

Besides fixed priced funds are considered "national interest" (official reply from asnb)

If is not good, why do you think it's often sold out?

But anyway is OT.
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The point I'm trying to make, which you keep missing, is relevant to this thread

Based on ASG Oct 2015 factsheet, the 1 year return is -5.58%; 3 years annualised return is 2.42%

Contrast this with what you can buy on FSM
Kenanga growth fund
1year - 7.81%
3 years annualised - 19.0%

Eastspring Small-cap
1year - 7.14%
3 years annualised - 33.7%

How does this contrast with the dividends paid out by the fixed price funds?
As1M - 6.4%
ASW - 6.4%

So... tell me again, what is making ASx more attractive than to invest on other equity funds? The only thing I can think of is, the 'perceived no loss' situation... which I don't want to go into yet another time

anyway, cut loss is what I would advise anyone in your situation to do instead of holding on for another 3 years to earn the measly 2.42% and lose out of the 33.7% you could have made

As to your question on why no good still sold out?
Simple - People's aversion to losses and not realise that although on the face it's not losing money, you are losing money is so many ways... Do we have to be those people? whistling.gif

This post has been edited by dasecret: Dec 7 2015, 11:40 AM
dasecret
post Dec 7 2015, 12:05 PM

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QUOTE(Ramjade @ Dec 7 2015, 11:52 AM)
True but where can you find something with consistent returns of ~6.X% p.a regardless of good or bad market conditions with near perfect "capital guaranteed"? The only one I can think off is FD.
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I'm telling myself this is the last time I'm responding to you... while I imagine boss pinky is grinning reading this

http://www.fundsupermart.com.my/main/fundi...formed=topFunds

So... for consistent returns, if you are in it for long term, which is the case for most ppl putting money in ASx, look at 10 year annualised returns. The top 5 funds yield consistently, over the past 10 years, >15% returns....

And you still want to ask where to find?

ASx is not capital guaranteed, never was, never will be (i think)
One just need to close eye when the market is down momentarily.... and enjoy way higher returns than FDs and ASx

Or, like me, even more risk adverse... pair the malaysia equity fund with asia pac and developed market funds and also some bond funds... get IRR of 8% and sleep way better at night than to think about what is the total market value of the ASx funds
dasecret
post Dec 7 2015, 01:44 PM

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QUOTE(Pink Spider @ Dec 7 2015, 01:24 PM)
I don't want reply him yawn.gif
reply u instead wub.gif

AS itu benda...they "hide" the profits which they did not declare as dividends...as "reserves"...
Good times, they underdeclare and keep for future...
Bad times, they take the previously reserved earnings and use to pay out as divvies...
In Chinese we call it, lam pa pa lan...
I.e. sama je whistling.gif

U invest in above-average equity funds (so many of them...e.g. Affin Hwang Select Opportunity, Eastspring Equity Income, Kenanga Growth, and so many more), 100% of the gains and losses are reflected in the NAV pricing...no delay, no "holding back" of earnings...
If u want 100% of the earnings, it's only fair that 100% of the losses, u are to bear...
But if come rain or shine u stay put...in the long run, history have ALREADY proven that they can deliver returns that beat all those AS funds... rolleyes.gif

Again, this is FSM thread, those people that loves those AS funds, they are welcome to stick to those... cool2.gif

Saya cakap ada make sense? wub.gif
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thumbup.gif wished I know this earlier though

Paiseh with my accounting background only fully understand this after so many years
dasecret
post Dec 7 2015, 02:14 PM

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QUOTE(xuzen @ Dec 7 2015, 02:12 PM)
Ramjade aka ASx fanboy...
If you say put RM 5,000.00 into it; and withdraw it less than one year before they declare dividend, will you still get the pro-rated dividend?

Xuzen
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Yes, based on their way of calculation... something like lowest balance of the months * monthly interest.... I know cos I still get a bit after I withdraw but did not close the account
dasecret
post Dec 7 2015, 02:27 PM

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QUOTE(xuzen @ Dec 7 2015, 02:18 PM)
Eh... like this can use ASx as a hedging mechanism.

When market SH1T, masuk ASx...

When market H4WT, masuk FSM.

Fuyoh.... like having a wife and still get to be a Playaz!

Xuzen
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Well.... only if you are bumiputra and is entitled to buy ASB

If you are non-bumi, the quota is almost always full, means when you sell, immediately got people queue to take your units. And these people aren't releasing their units. If you read their annual report, you would be amazed at how many ppl owns 50,000 - 500,000 units and >500,000 units... they own 70% of the fund which is around RM14b for 1 selected fund rclxub.gif

Your fav small cap fund baru RM209million
KGF pulak RM558million
dasecret
post Dec 7 2015, 03:39 PM

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QUOTE(xuzen @ Dec 7 2015, 02:09 PM)
Search back my previous post: I have explain it before not too long ago. See page 104; post #2080.

Xuzen
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Thanks boss! Just signed up rclxms.gif
dasecret
post Dec 8 2015, 10:17 AM

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Hmm... GTF fell to 0.8315 on 4 Dec...

Should I be glad that I topped up on 4 Dec for 1 account or kicking myself for not doing it for the other 2 account?

This is never ending is it tongue.gif

before the sifu say anything.... yayaya... no point trying to catch the lowest whistling.gif
dasecret
post Dec 8 2015, 11:37 AM

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QUOTE(xuzen @ Dec 8 2015, 11:17 AM)
I usually talk abt it in FSM; stay a little while longer in FSM thread and you may get the flavour of it. Helps if you are financially trained.

Xuzen
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Thanks sifu

So I did look at the correlation between the funds I have, funny enough ponzi 2.0 has high correlation with even asian and malaysia bond funds hmm.gif

I supposed that's why boss is not into bonds

Asia equities are freefalling again... so tempting
dasecret
post Dec 8 2015, 05:24 PM

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QUOTE(Pink Spider @ Dec 8 2015, 05:20 PM)
Aberdeen Islamic World is getting worse by the day...my IRR dropped to 4.02% doh.gif

While CIMB Global Titans is still sailing strong
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Ya... I've kinda abandoned aberdeen... my IRR is still 8.1%, but I've not topped up at all in 2015 due to its lacklustre performance
dasecret
post Dec 8 2015, 05:27 PM

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QUOTE(Vanguard 2015 @ Dec 8 2015, 05:19 PM)
These info are all self generated by Morningstar. You only need to spend 3 minutes to set up the portfolio.
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rclxms.gif Thank you for highlighting this... really good stuff
dasecret
post Dec 8 2015, 05:50 PM

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QUOTE(Pink Spider @ Dec 8 2015, 05:36 PM)
Yeah, keeping it but no longer topping up. Takut sell it and move elsewhere and then the tide turns doh.gif
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Which is exactly what happened to GEYF blush.gif
My remaining GEYF now has IRR 11.4%

And you guys ask why I hold so many funds sweat.gif
dasecret
post Dec 14 2015, 11:17 AM

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QUOTE(Pink Spider @ Dec 14 2015, 11:15 AM)
Why tarak Titanic doh.gif
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do your usual ninja trick lor boss... intra switch after buying
dasecret
post Dec 14 2015, 11:53 AM

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QUOTE(Pink Spider @ Dec 14 2015, 11:30 AM)
u have learnt well... brows.gif
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Sifu has taught me well thumbup.gif

Sigh, I topped up a few times over the last 3 weeks... it still keep going lower... heart not so steady jor. Dunno to go or not to go
dasecret
post Dec 14 2015, 01:46 PM

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QUOTE(Pink Spider @ Dec 14 2015, 12:52 PM)
Not to say last 3 weeks, my portfolio has actually ventured into negative return territory for the last 3 months...

But, looking at past 12-months return of >10%, I'd say, keep steady.

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Ok, made up my mind, will let the RSP to run as usual, but won't top up for now.... Ponzi 2.0 is under water jor sweat.gif but holding a lot better than AmAsia Pacific Income.... curse that fund vmad.gif

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