Needs mod or TS to do it

On a serious note, I did consider junk high yield Asian bond fund as part of my portfolio.... but crystal ball Algozen™ rejected it. It was too positvely correlated with Asia-Pac ex-Jp fund read: [Ponzi 2.0] and hence was dropped by Algozen™ in favour of equities due to better risk-adjusted return.

Xuzen

This post has been edited by xuzen: Oct 24 2015, 10:52 PM

I am OK with one or two funds. I seldom keep more than four at one time... two messy and FSM may have a lot of funds, but they are repetition of same. Not easy to find good funds with low correlation coefficient factor in the FSM universe.

Xuzen

This post has been edited by xuzen: Oct 24 2015, 10:57 PM

Wow.. So active tonight

Its due to forex

On the contrary, my not-so-scientific observations, when my equities dropped, my bond funds rise

I posted my view previously regarding this fund in this thread. Maybe you can do a quick search and read it first? See what you think.

2-year chart of RHB Asian Total Return vs Asian Equities vs Ponzi 2.0

This post has been edited by Pink Spider: Oct 25 2015, 01:15 AM

Hmm....didn't think of that... darn. ...lol.

Ok got good advice from sifus. Thanks !

My further thoughts on the RHB Pre-IPO fund...

You shouldn't invest in this fund if:-

1. You are currently renting and do not own a property. The priority should be to buy a property. With RM100k, you can pay the downpayment for a RM500K condominium, pay the bank loan instead of paying rental and hopefully enjoy the capital appreciation in the long run.

2. RM100k is your life savings or represent a substantial part of your savings. If the RM100k gets burnt in 5 years, it may seriously affect your future financial plan.

3. Tied to no. 2 above. How long would it take you to generate a savings of RM100k? I year? 2 years? 3 years? In other words, can you regenerate another RM100k within your own reasonable time frame if the RHB Pre-IPO crash and burn?

4. You may suddenly need the RM100k within the next 5-6 years when it is locked in. In other words, your emergency fund is not big enough.

On a lighter note, you should DEFINITELY invest in the RHB Pre-IPO fund if you have spare cash of RM100k and you intend to use it to:-

1. Buy a Rolex watch
2. For the downpayment of a new Beemer
3. To finance the monthly upkeeping of a China doll, Vietnamese doll, mistress, etc. The monthly upkeeping including condominium rental, pocket money, etc, can go up to RM10k per month.
4. "Investing" by buying some overseas land under a land investment scheme, water vending machine scheme, dairy farm scheme, etc.

Good luck!

This thread sipek active....

Oh. And topping up ponzi 2.0 next week. Lol

You mean stocks? I can do so, but no point.
I bought KAREX at 2.7x, now it's 3.4x. You want to try

Or add to your signature

We both condom lovers

After reading ytday comments is equivalent to take a trip down memory lane

Your ping pong biscuit still got?

implication of this?
What Will It Mean If the Yuan Gets Reserve-Currency Status?
http://www.bloomberg.com/news/articles/201...e-currency-nod-

start preparing to more since it will start to boom again for a duration?

Just for Ramjade,

I entered TA Global Tech fund in Jul15 and as off yesterday, my YTD ROI is 12.XX%. I am taking profit by "selling" it to "buy" CIMB Titan on Monday. Like I say, the proper term is called switching.

So, yes.. UT investor take profit and move on. Why then you ask switch when it is profitable? Didn't I just mention ride with the profit?

Global Tech and Titan have very close correlation coefficient, in lay man term, their movement is very similar and as such, in a portfolio, they are interchangeable. But, Titan present a better risk-adjusted return compared to TA Tech fund so I jump ship and piggyback onto a new ride.

It's like both are taxi service going from KLIA to Sentral KL. TA Tech is Airport Limo and Titan is Uber. Titan is cheaper, more efficient and faster.... sure I will chose Titan lar!

Xuzen

p/s Do not confuse absolute ROI with risk-adjusted return for sometimes a better risk-adjusted return may give one a lower ROI. Risk-adjusted return take into account the risk when calculating. It is like we sacrifice a few lower % return in exchange for safety.




This post has been edited by xuzen: Oct 25 2015, 09:37 AM

Bang Xuzen...

wanna ask, how do you see both are close correlating?

From graph? or Numbers?

The number known as correlation coefficient is a factor and is available to me and professional fund managers.

Lay person do not have access to this numbers but I have been in the inside and I know people who can "share" with me the numbers.

Xuzen

Understood.

thanks bro!