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 Fundsupermart Singapore, Let's have a separate thread

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Ramjade
post Sep 25 2017, 09:50 AM

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QUOTE(dasecret @ Sep 25 2017, 09:22 AM)
Have to try to peace make here

I'm younger than Hansel so he call call me young lady, but I'm also much older than fresh grad, so that's why I'm auntie to him

You see, this statement essentially means the same thing as the argument here. It's the perspective.

Ramjade; and myself in the past, try to explain to Hansel that just because the fund gives distribution and the NAV holds doesn't mean it's the best fund available on FSM. The assessment is a lot more accurate and objective if one looks at returns instead of distribution + NAV value doesn't go to red.

Hansel on the other hand feels that regular distribution is what he wants and perhaps, because he's quite rich, he doesn't really want to spend time researching for the best funds currently. Since this is the segment that made him money he would like to just continue with it. Your money your call

Food for thought, while it's convenient to have regular distribution done by the fund, but if the total returns for a fund without distribution is much higher than the one with distribution, it may be worthwhile to "DIY" the distribution by selling some units on a regular basis. It's effectively the same thing.

Another food for thought, the strategy that worked for the past 5 years may not work for the next 5 years. Example, Kodak filed for bankruptcy because they couldn't evolve with time while Fujifilm continue to do well because of the instax polaroid type product. So sometimes we do need to move ships so we don't sink slowly
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I think both of you around the same age. :blush

elea88 something for you
http://www.fundselectorasia.com/
Analysis of various funds biggrin.gif

This post has been edited by Ramjade: Sep 25 2017, 09:52 AM
Ramjade
post Sep 25 2017, 10:53 AM

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QUOTE(dasecret @ Sep 25 2017, 10:48 AM)
Sure or not.... he cannot be early 30s la  cool2.gif

Just realise the fire between the 2 is not just on this thread. Hope I didn't add oil to fire
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You are early 30s? ohmy.gif ohmy.gif
Ramjade
post Sep 25 2017, 11:11 AM

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QUOTE(dasecret @ Sep 25 2017, 11:05 AM)
Lol... why so shocked? I'm still a lot older than you

Anyway, in Msia the definition of auntie is when you are married with kids ma. So I do qualify geh. With my tech savvy-ness and risk appetite it's quite clear I'm much younger than auntie twinkle right?
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Auntie should be 40+. 30+ can consider madam. I guess so. Auntie twinkle don't know gone where.

This post has been edited by Ramjade: Sep 25 2017, 11:11 AM
Ramjade
post Sep 25 2017, 11:21 AM

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QUOTE(dasecret @ Sep 25 2017, 11:19 AM)
Enjoying her dividends from ASx kua.... that's what ASx products are good for. Zero monitoring cos nothing for you to monitor

Anyway, you got change SGD or not... still hovering 3.11. I really don't think can hit 3.08 since USD:MYR is already lowest since Nov16
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No. I think 3.10 is possible. I will settle for 3.10.
Ramjade
post Sep 26 2017, 12:26 AM

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QUOTE(Vanguard 2015 @ Sep 26 2017, 12:11 AM)
FSM SG sounds interesting but I thought Malaysians who are not working there can't open a SG bank account?
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Bro I am living example of people not living there/working there/studying there who have SG bank accounts. FSM SG is one broker which doesn't need any SG bank account and application can be done online.

If you have priority banking, it's very easy to get one. If you don't (like me), then need to work harder. Not impossible but hard la. Up to you whether you really need an account or not as mentioned FSM SG does not require you to have a SG bank account. They are broker + UT seller + bond seller. Will I use them for UT? No. I use POEMS SG. Save 0.1% on quarterly platform fees.

This post has been edited by Ramjade: Sep 26 2017, 12:27 AM
Ramjade
post Sep 26 2017, 09:08 AM

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QUOTE(Vanguard 2015 @ Sep 26 2017, 08:50 AM)
But without a Singapore bank account, how do we transfer money to buy and sell unit trusts from FSM SG?
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As what dasecret said below. This is because FSM have it's own cash account for holding your money. If you don't want to spend money on TT, use moneymatch. It's our own Malaysian Transferwise. Exchange rate is on par with money changers minus the fees.

To withdraw ask FSM to do a TT. No choice unless you have SG bank account where you can use one of their fintech (singx, transferwise) to transfer money back at cheaper rates and not so expensive fees.

If you have maybank malaysia, one can even open account with maybank SG via post.

QUOTE(dasecret @ Sep 26 2017, 08:57 AM)
Oh yeah, last nov16 is sub 3.00

But the crucial question is - did you change any or not? Always talk about how SGD investment is better, but keep targeting a lower rate to change and miss the boat
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Regarding your question, of course I have. Last time was ar 3.085. That's why I know what was the lowest rate.

Now with moneymatch, I don't even need to travel down to SG as the rates are same/better with moneychanger. Will be doing one-two more times travelling then I am done.

Ramjade
post Sep 26 2017, 11:14 AM

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QUOTE(Vanguard 2015 @ Sep 26 2017, 10:13 AM)
Thank you for the info, sis.
Thank you Ramjade. The sentence in bold is interesting.
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I gave xuzen homework on how to open everything without needing to step foot into SG not sure if he did it. Here you go
https://forum.lowyat.net/index.php?showtopi...post&p=84349022

Basically is you go download Maybank iSavvy pdf form online (look for the latest date). Fill it up, go to the selected Maybank branches which process application for iSavvy (is listed on the form), buy a bank draft (pay to yourself in SGD, min SGD500) from Maybank Malaysia, go to the counter which do iSavvy application, submit all required documents, now you seat back and contact Maybank SG after 3 weeks to esquire the status of application. If all goes well, you will receive your welcoming package in the mail box by 4th-5th week.
Ramjade
post Sep 26 2017, 12:28 PM

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QUOTE(elea88 @ Sep 26 2017, 12:21 PM)
I also awaiting 3.08!!!

today 3.10 if RM up few more days.. 3.08 might be possible. i am monitoring closely.
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Where did you get 3.10? hmm.gif Today good day to buy as everything red.
Ramjade
post Sep 26 2017, 02:03 PM

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QUOTE(elea88 @ Sep 26 2017, 01:56 PM)
oops 3.113. not yet 3.10..
saw wrong column.

red? what is red....
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Semua market red. Asia, india china, us
Ramjade
post Sep 26 2017, 02:46 PM

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QUOTE(dasecret @ Sep 26 2017, 02:40 PM)
Maybe another relevant question is, if you buy SGD on FSM Msia, can they transfer/TT it to FSM SG?
If cannot then no point also
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That cash account is for you to buy buy foreign currency bonds.
Ramjade
post Sep 26 2017, 11:48 PM

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QUOTE(em0kia @ Sep 26 2017, 11:22 PM)
Guys, any of you know any Singapore forums that have FSM SG thread, and as active as our thread there?

I have gained a lot of knowledge from this thread, and now as I will be working in SG soon, I am thinking of investing via FSM SG.

I dont plan to use SG to invest in FSM MY, partly because MYR is so volatile now and I am afraid it might continue to drop.
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Avoid FSM SG at all cost. 0.1% quarterly platform for all funds vs POEMS SG/Dollardex at 0% platform fees, 0% quarterly fees. Both POEMS and Dollardex have more or less the same fund as FSM SG.

Use FSM SG tools that are available for free and buy from POEMS/Dollardex.

This post has been edited by Ramjade: Sep 26 2017, 11:52 PM
Ramjade
post Sep 27 2017, 07:28 PM

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QUOTE(xuzen @ Sep 27 2017, 03:19 PM)
Dividend is an illusion.

Let's say the fund gives out 5cts per unit, on the ex-date, you go and check, the NAV pun drop 5 cts.

Don't believe? Go check and see....

Xuzen
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I believed. Kena screw kau-kau by you guys and shown facts of course I believed.

Hansel, sifu xuzen have spoken.
Ramjade
post Sep 28 2017, 12:31 AM

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QUOTE(em0kia @ Sep 28 2017, 12:24 AM)
Took awhile to find this post tongue.gif

Is POEMs/Dollardex as established and secured as FSM ?

How about ETF like what the other forumers mentioned?
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POEMS (1975) and Dollardex (1999) have longer history than FSM (2000) sweat.gif. For Dollardex to open account with them, you need a SG address doh.gif

Dollardex/FSM have the funds which I want but since I cannot open account with Dollardex, the only obvious choice is POEMS. I am perfectly fine to take lesser funds vs paying for quarterly platform fees. POEMS don't have like only 2 funds which I want. Hence, just find substitute lo.

For ETF, depends on what you want.

Manual
- Standard Chartered Online trading (need to have bank account with them first)

Auto
- Stashaway (better option)
- Smartly

Hybrid
- POEMS SMART

Pseudo robo
- FSM MAPS

Regarding your question, should I withdraw and convert SGD back to RM, well the answer lies in the question:
"Are you willing to hold on to a currency that you know in the long run will depreciate against all currency?"

For me personally, I am trying to convert bit by bit whatever RM I have to SGD.
Hope this helps.

This post has been edited by Ramjade: Sep 28 2017, 12:43 AM
Ramjade
post Sep 28 2017, 08:30 AM

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QUOTE(MUM @ Sep 28 2017, 02:15 AM)
hmm.gif That's why I said a 15% return in Malaysia is not the same with 15% return in SG.
ex RM3300 to SG1000
3300/1000 = 3.3 Rate

RM3300 x 15% = RM 495
SG1000 x 15% = SG 150
495/150 = 3.3 rate

not the same meh??  notworthy.gif

So what do I lose? No bank charges, no service charge, no platform fees, same or higher returns as Malaysia.
the spread of between buying and selling of exchange rate if one want to take it back after each winning? (assuming there is no currencies fluctuation)  hmm.gif
btw...what is the spread like now? any idea?
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See this post by xuzen.
» Click to show Spoiler - click again to hide... «


Short term wise, same. Long term wise any gain you get from RM will be eroded by RM depreciation as shown by this picture.

Now don't forget, my SG1000 will be fully invested vs my RM3300 (via FSM MY) as I am not charged anything for service charge. So I already gain "1.75%" already the moment I put in my money.

» Click to show Spoiler - click again to hide... «

Picture shows over long term, RM will depreciate against the SGD. Pic is taken from xe.com

Q: the spread of between buying and selling of exchange rate if one want to take it back after each winning? (assuming there is no currencies fluctuation) hmm.gif
btw...what is the spread like now? any idea?
A: Apa apread? Spread only happens if you are changing back the to RM. Now if I don't change SGD back to RM in 5 years, why should I be worried about spread?
In 5 years times, SGD would have appreciated against the RM and I would have earn extra. I will let my money continue to grow there/put it there to protect against depreciation of RM. If you really want to know the spread, here it is:
- For now, I use Mid Valley Money changer's rate. So what spread you have depends on their rate loh. We all know Moneychanger's spread is memang smaller than Bank's.
- In the future, I will be using the following to do the transfer (to save on spread and bank charges)
Moneymatch (for transferring money out of Malaysia)
SingX/DBS (DBS have zero fees)/Cimb SG (also zero fees)
I will use which one depending which give me the best rate and zero fees.

Hope this helps.

QUOTE(aoisky @ Sep 28 2017, 08:04 AM)
That is interesting Bro Ram, please share some info procedure.
PM link

TQ
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Apa PM PM? I already post it before. Here you go.
https://forum.lowyat.net/index.php?showtopi...post&p=84349022

Follow my guide and you have your own SG UT very soon (in 1-2 months time) biggrin.gif

This post has been edited by Ramjade: Sep 28 2017, 08:46 AM
Ramjade
post Sep 28 2017, 09:08 AM

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QUOTE(MUM @ Sep 28 2017, 08:52 AM)
as u used to advise...goto POEMS no sc....no need to pay 1.75% sc to FSM MY
as for depreciation of the RM.....who knows how steep it will goes in future...last few years most of the countries are at currencies wars fighting to lower their currencies.....but the historical trend of RM vs SGD is BAD...memang BAD...(except for a about 5 years it stayed at 2.40~2.50 ranges)
but I have to admit that in Spore...more fund choices...
but the draw back is that must fully invest for the interest rate in the temporarily park is just too little.
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That's what I am doing. Buy via POEMS SG (bought already and true enough no charge) and use FSM SG tools.

Unless malaysia landscape change where no songlap, it will continue to slide downwards. sad.gif

This one true. Their MMF is pathetic. sad.gif Unlike our FSM CMF/Phillip MY MMF.
Ramjade
post Sep 30 2017, 11:30 AM

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QUOTE(MNet @ Sep 30 2017, 09:38 AM)
but this one still need go to maybank at SG to complete the application
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Siapa cakap? You only need to go down if you want to use the ATM card. If you don't need to use, there's no need to go down. Everything can be done online.

Activation of account (online using what they post to you)
Activation of security token (online using what they post you)

After you do this 2, all transactionsis now fully online.

QUOTE(Hansel @ Sep 30 2017, 11:17 AM)
Actually,... he is right - if no need to travel down to expensive SG,.. it saves expenses,... with we being investors, we should know how to count this,... it depends on individuals too,... BUT for straightforward cost-expense calculation,... should not travel.

I'll use myself for eg,... I feel if I am not involved deeply inside SG, I feel less confident abt the happenings there. Hence, I attend their AGMs, EGMs, take their qualifications,... etc,... mingle with them.

Of course,... having the opportunity to do this is also important,.. time-privilege, etc,...

Many of my investor-pals in SG are complaining that they are not able to subscribe to Right issues over the ATMs when they are overseas,... there are very specific reasons for this why the SG gov't does not allow subscriptions over the net. So,.. sometimes if don't go also has its disadvantages.
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Have you read xuzen reply to you?

This post has been edited by Ramjade: Sep 30 2017, 11:33 AM
Ramjade
post Sep 30 2017, 09:02 PM

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QUOTE(Hansel @ Sep 30 2017, 11:44 AM)
biggrin.gif

Don't harp on that issue,... don't be a sourpuss,.. I read a lot of things quickly,.. look, even if I invested wrongly, it's my money.... and I am not here to compete with you on who is best at the Unit Trust game,... AND I MADE MY MONEY,.. AND STILL I AM INVESTED IN THE SAME HIGH-YIELD BOND FUNDS WITH NO UNREALISIED CAPITAL LOSS NOW.

I think you must have been whacked too badly by some forummers here,.. and you are naive (perhaps foolish too) to take things so seriously,... so, you seemed to be focussing on this matter too much now. I saw among your posts that Xuzen and someone else whacked you hard, huh ?? Hehe,... whacking hard in a forum where nobody knows anybody personally is no big deal,...

When a wealthy man or a legal professional drags you to court in future and uses the law to torture you day and night,... then you'd commit suicide if yo can't forget this experience of someone whacking you hard IN A FORUM !!!!!!!!.   biggrin.gif

Move-on in life,... you have a long way to go,... don't linger in the past,... go find a job if you have not have one yet,...

Stop lurking around around day and night in the forums here and there,... and answering here and there. Your effort is commendable,.. I say that too,... but you must earn a living too,.. your life is too engrossed in the virtual world,..
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Bro. I don't harp. If I harp why should I correct your mistskes? I could just let it be right? True it's your money. But if someone is doing something wrong, just correct them lo. Like how people correcting me. So I just return the favour. Is not cool to know that it's wrong and do not point it out. Whether the person accept his/her mistake, you have already done your job.

I don't need to the best in UT. That title I believed goes to xuzen. I just need to know that I am not "cheated" and know what I am buying and my expected risk and returns. That's good enough for me. I don't intend to blindly buy just on recomnendation.

If you cannot take whacking, you cannot survive. Is that simple. I am where I am because I survived the whacking whether in reality or virtual.

I am on waiting list so just have to wait lo. While waiting, learn how to make my money work. Rather than watching tv and doing unproductive stuff, at least I am doing something.

Anyway icon_rolleyes.gif icon_rolleyes.gif

This post has been edited by Ramjade: Sep 30 2017, 09:09 PM
Ramjade
post Oct 1 2017, 12:28 PM

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QUOTE(elea88 @ Oct 1 2017, 11:53 AM)
This is where the SGD-H works. If not for the hedge, the volatility is 4+. Which IMO is high for a bond fund.

Not to mention there was not much sell off during trump tantrum. Will see how it performs down the road.
Ramjade
post Oct 1 2017, 10:48 PM

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QUOTE(elea88 @ Oct 1 2017, 06:14 PM)
https://www.forbes.com/sites/brettowens/201...2/#279767447ec7
no specific target. however i added this instead.
Allianz GIF Income and Growth AM H2-SGD (LU0943347566)
Ramjade

Do u think can still consider EMERGING MARKETS?

past 1 month is on downtrend.

Aberdeen Global Emerging Markets

and this

BLACKROCK EMERGING MKTS EQTY INC A6 SGD-H
new fund to date so high return

OR
JPM EMERGING MARKETS EQUITY A (ACC) SGD
OR
FIDELITY EMERGING MARKET FUND A SGD

high votality funds.
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Allianz GIF Income and Growth AM H2-SGD seems to me like a all in one/balance fund. IMO it looks ok but is heavy in the US.

IMO, I will give Emerging market a miss. If you look at their fund factsheets, the main countries are mainly
- China
- India
- Taiwan

None of them manage to beat Schroder Asian Grwoth (in 6 months, 1 year, 2 years, 3 years). So if I really want, I will just take Schroder Asian Growth + First State India to make my own EM fund.

Sifu wongmunkeong pernah tell me EM = Asia. So pick either one. If you ask me which EM fund I will pick, It will either be JPM/Fidelity. I will pick Fidelity. Fidelity for lower volatility which means less swing downwards vs JPM. At the same time lesser of upside. Fidelity is also more diversified vs JPM which concentrates 30% in china. So your choice.

But I am not putting any in my portfolio. Follow xuzen. Don't play pokemon. Keep it to 4-5 funds cukup.

This post has been edited by Ramjade: Oct 1 2017, 11:29 PM
Ramjade
post Oct 2 2017, 09:17 AM

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QUOTE(elea88 @ Oct 2 2017, 08:51 AM)
i often "PLAY POKEMON" strategy even with FSM MALAYSIA.. even with my REITS selection.

SAfety in Numbers and over the years.. it works well for me.

sometimes.. SAME TYPE of FUND... Different Fund Managers.. and it produces vast different results.

0% service charge.. i just buy.. if not happy few months later. just sell.
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Actually not exactly. Eg. If china tank, all asia/emerging market will tank as shown in 2015. US not sure will tank (depending on situation.) Also, Greece being a country which we don't much connections was going about Grexit, all emerging market affected (malaysia being one of them).

Of course. They may buy/sell 2 same stocks but buy/sell at different timing and different price. Not to mentioned not every FM will sell. So how long they hold also plays a part. Plus type of stocks they buy.

Actually there are 3 type of stategies
1) buy limited (like what xuzen is doing, I am also using this way) - I think this strategy originated from boglehead forum etf investing (they always talk about boglehead 3-4 funds method). One of the reason I am doing this is
- I used to buy 2 of each fund and realise that I could have get more returns if I plong into 1 fund vs split into 2 funds.
- Then decided to follow xuzen's advise. Pick the winning fund. Kind of happy with how it turn out.

2) buy everything
3) buy selected sectors where you see higher potential to generate money, then move on to next sector (like what people doing with our GE, buy Malaysia focus fund to ride on GE "feel good feeling"

Nothing wrong in all these.

This post has been edited by Ramjade: Oct 2 2017, 01:33 PM

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