I would like to know too... Just topped up Fidelity America

Which global equity funds do you guys like? The recommended threadneedle doesn't look so attractive; the aberdeen global opportunities that the CIS recommended is even worse

Asiapac funds laosai-ing again

What are the developed market/global equity funds you guys invested in?

Personally I'm not so keen on high yield bonds because it defeats the purpose of holding bonds. I only held a little bit through the RHB Asian Total return which fees into United Asian bond fund which feeds about 40% into United Asian high yield

The platform fee reduction is not so significant.... but still, better than nothing

Simple rule in finance - high risk high return; no bond issuers are going to give you higher yield than they need to; when they do, it's usually because their credit rating is not so good, or the bond maturity is much longer and hence more uncertainty. You would notice the volatility of high yield bonds to be higher than short term bonds and of course money market funds; so that's where risk and return correlates

So for me, I diversify my risk by having a combination of equity funds and bond funds; and the objective of having bond funds is to reduce the overall portfolio risk; so if I go for high yield bonds, the risk is not much lower than equity and my overall portfolio risk would be higher than what I can stomach

Hey, it sounds like you invest quite a bit of money. I think you should start reading up on basics in finance instead of relying on what the sales advisors tell you. The FSM malaysia thread is not a bad place to start
No offence

Click the link posted by @yck1987
Both sales charge and platform fee is reducing

Can you share which euro high yield bond that you are singing praises on? I used the fund selector and the highest 10 year annualised return for European high yield bond fund is FIDELITY EUROPEAN HIGH YIELD A EUR with 3.32% and FIDELITY EUROPEAN HIGH YIELD AMDIST EUR with 3.31%

UBS (LUX) BOND FUND - EURO HIGH YIELD USD-H P-MDIST has high 2 year annualised return of 9.83%, but in SGD terms only, mainly because it's USD hedged and the gain is from USD strengthening

Using the same tool, I then look at the 10 year annualised returns of european equity funds
THREADNEEDLE EUROPEAN SELECT CL 1 NET ACC EUR 8.6%; however, in SGD terms the return is only 5.47%, again due to forex

I hope we dont have to go through the whole yield does not equate returns saga

In terms of choices in bond, there is the same alternative available - FSM SG offers bonds too; but I'm not a HNWI and can't afford any of those non-retail bonds

United Healthcare Fund lost about 14% YTD .... good time to top up?

Too bad or luckily....?

So what's your investment strategy amidst of the global rout?

I wish I have an answer to that and hence why I'm asking.... my portfolio is in deep red So I guess I'll just do the ostrich thingy... no eye see for now

I think it makes sense to include the dividends in assessing IRR because you have the option of reinvesting the dividends, but should disregard the forex impact. Means instead of RM250k initial layout to convert SGD100k and now the SGD105k total is worth RM310k @2.95 should be disregarded. Instead, you gained SGD5k

But Asia is still looking very gloomy.... Anyway, I've overweight on Asia already, so I didn't go for it. Added a bit of Global Healthcare, not sure if it's the right thing to do

Because FSM MY don't have platform fees for equity funds lor, if I remember correctly FSM SG currently charges 0.45% per annum platform fees on equity funds

It's been a long time since I updated this thread

How's everyone doing? My SG funds not doing great

Anyway, the recommended funds are out and there's 1 month zero sales charge promo for now
https://secure.fundsupermart.com/main/resea...endedFunds.svdo

Any new favorites?

Actually most of the FSM SG funds are regional or global funds. Not many local equity funds. FSM SG give a wide array of sector and exotic funds. That's the advantage of FSM SG over FSM MY

Our asset management industry is not exactly doing well due to the bad reputation that people lose money, UTC just keep selling 'high risk high returns' funds

Oh, and my pet peeve - Got ASx funds and Tabung Haji and voluntary contribution to EPF where the capital is 'not at risk of going below cost', retail investors would not be motivated to go into investments that can lose money lor

So now do you see why I have an issue with these 'capital guaranteed' investments? It hinders our development as a nation in so many ways

Look at my statement again. We are coming from completely different perspective; me at the policy making and macro view while you are looking at personal level

Sure, at personal level you are right. But most people don't venture out of the comfort zone of 'capital guaranteed' higher than FD returns in their entire life. To be fair, you also didn't until last month.

Basically the market works with free market forces, so products would only be offered if there's a demand. So if your capital market is dominated by all these institution investors who take all the retail investor money to invest, how to have a vibrant capital market?

The internet bill payment function is similar to the one in maybank2u where ifast is listed as one of the payee

I'm not sure how it works if your bank account is outside of the 4 listed banks though but should be able to do normal transfer and send the transaction confirmation for them to process. My own experience is that the payment from bank doesn't get recorded as same day transaction. So I usually buy cash fund and then buy the equity or FI funds using cash fund

It works the same way as buying cash management fund in Malaysia

I usually buy Nikko AM Shenton Asia Bond S$(Cl A)(SGD) instead of cash fund as it yields 2.8% interest instead of 0.4% on cash fund, but prices do fluctuates for this short term bond

Yup. If you have a saving account in SG the experience would be very similar to FSM MY. It's only different if you TT money straight into FSM SG. Not sure how do you get back your money when you sell holdings

I've not tried the latter; always purchased through SG SA. So can't advise. Not sure how's the rates like if you TT direct to FSM SG

Anyway TT questions you have to ask other sifus. I've limited experience with that. My pool of SG fund is not exactly growing. Pain wei, converting at 3.13