All my funds are turning super green now. I believe this is caused partially by the weakening of the ringgit?

IMHO, this may be the most dangerous time for investors in FSM to make a lump sum investment. Because we will be buying high with the expectation that the price will rise higher. If we are lucky, then things will work out as planned.

But if there is a market correction later and the price dives continuously... then we may end up panic selling. This will then be the classic case of BUYING HIGH AND SELLING LOW.

I was caught in the euphoria during the 2Q and 3Q of this year. To see your my paper gain increasing by a few thousand ringgit every few days would really boost your ego and greed. That was how I ended up over loading more than 40% of my total portfolio in the Greater China market. Alas, the China market corrected and collapsed.......For a supposedly "seasoned" investor like me, this type of novice mistake should not have happened.

So now I have to learn to temper my greed. Lady Luck has been kind to me. I got a second chance. I re-balanced my portfolio. I escaped with my ego bruised but with my principal invested sum intact with a positive ROI. So please learn from my mistake. 

What is UT? It is basically a collective investment scheme. The Fund Manager pool all the unit holder's money and buy into assets. Let's take CIMB Global Titan Fund for example, the fund manager use the money to buy Apple stock in NYSE. Apple stock declare dividend and pay to the fund's bank account. The fund appreciate in value because its bank account increase in money, hence you see the rise in NAV  ( for lay person just call it fund price).

Let's say the price of Apple stock also increase due to stock rally in NYSE, the fund price also rise because the underlying asset ( i.e., Apple stock) has appreciated in value.

This is how the fund gain profit. Hence whether it is dividend or gain in underlying asset price, it does not matter, the price of the fund also increase. We let the fund manager worry about the dividend and what's not. The unit holders just see whether the price goes up or down.

Xuzen

Let me show u my rebalancing.

Let's say I have funds A, B, C, X, Y and Z
I designed my portfolio in such way that each fund makes up 1/6 of the portfolio
When my UT portfolio is doing well as a whole (i.e. all funds go up almost in tandem), I do nothing
When funds A, B and C do well but funds X, Y and Z underperformed, I top up funds X, Y and Z to "rebalance" my portfolio
When all the funds screwed up due to market weakness, I top up all the funds
^
This

Ponzi 2 and KAPTRF overlaps, their investment mandate is quite similar

Q:  Is credit system applicable to all switching?

A: No, Credit system is only applicable to Intra-switch, not for Inter-switch.
However, there are certain funds which are not available for Intra-Switch. Please refer to SWITCHING OF FUND FAQ for more information.
http://www.fundsupermart.com.my/main/faq/0...dit-System-2001

No, wrong already.

KAPTRF = Kenanga Bond = CIMB Bond = Ponzi 2.

Note: I assume Ponzi 2 is CIMB Asia Pacific and that you are not putting any fresh money to invest in Ponzi 2 but only using the money from KAPTRF.

Not familiar with credit system...go read FSM FAQ

There is no one right answer. It all depends on your risk tolerance and comfort zone. Of course I assume you already have 3-6 months of emergency fund set aside.

My view on asset allocation may differ radically from the sifus here. If you are a young investor, ie below 35 years old with at least 20 more years working life to go, I would advise 100% in equity funds or at the maximum 20% in bond funds.

Why? Because I assume that as a young investor, the initial capital layout will not be huge i.e. less than RM50k and the monthly DCA or Value Averaging will be around RM500 to RM1000. Therefore any paper loss suffered even if it is a 20% annual loss will not be huge. Further provided the investor does not cash out but continue with the DCA or VA for the next 20 years, he will have more than enough time to ride out the fluctuations in the market.

For young investors who wish to have a 20% bond allocation, I would include RHB ATR, AMB Income Trust Fund and RHB Asian Income Fund (which is a balanced fund) in the portfolio.

As usual please do your own research because Vanguard may lead you to Holland!

What's with dca?

So if you do the following
Fund A > CMF > fund B, there's no SC right? Can we choose the CMF or there's only 1 CMF?

Great to hear that, I also received PM as well from forummer asking about FSM SG.
My favorite Asia ex japan fund goes to First State Dividen Advantage which give me quite decent of return IRR @ 13.08% for more than 2 and half years. But still lose abit to my Ponzi 2.0 performance la.. 
https://secure.fundsupermart.com/main/fundi...olnumber=FSDVAD

Or you might start a thread focus about FSM SG and do not mix with long go version here, later make ppl lagi pening kepala. 

CMF needs T+2 to get the funds

What if u need urgent funds on weekend/public holiday?

eFD safest, u just need log in and uplift, then go ATM withdraw

Here you go
For those who wants to put efd,

bro,

already mentioned...eFD...of course thru internet lor

Interesting read.  readddiiinnggg
http://www.wikihow.com/Value-Average

My main portfolio performance for October

			Sep	Oct
Portfolio - Main	IRR		6.54%	11.08%
Top 3 funds	% of port
EI Small Caps	6.6%	IRR	17.07%	23.82%
TA Global Tech	3.3%	ROI	4.23%	23.37%
CIMB Global Titan	2.6%	IRR	13.7%	16.76%
Bottom 3 funds (equity)
TA Small Cap	1.5%	ROI	-2.1%	0.5%
AMB Dividend	0.8%	ROI	-6.06%	-2.84%
AMB Ethical	0.9%	IRR	-16.3	-11.56%

Welcome to FSM.

Diversify. Divide your funds. Use DCA for 12 months if you are investing RM10K or more. Perhaps you can consider:-

1.  1 Global Equity Fund
2.  1 Asia Pacific Equity Fund (ex Japan)
3.  1 Malaysian Equity Fund
4.  1 Malaysian Bond Fund
5.  1 Asian Bond Fund

Forget about supplementary portfolio, i.e. investing in a single sector or single country fund for the time being. Except for Malaysia. We have to support our country a bit.

Put RM1K each in every of the above fund. But if you are printing money and are investing RM100K, then can put a bit more into each fund and DCA the rest for the next 12 months. You can also try Value Averaging if you have the time.

Note : Some sifus here would include an Emerging Markets Fund or BRIC but I find the FSM funds for these markets so, so only.

Decision...decision....where to start? Perhaps look at FSM's Recommended List of Funds as a starting guide?

Also read, read and read more on the topic of unit trusts. Good luck.