Worse come to worse buy from FSM, transfer to DBS lo.

Hansel I think I found out how Phillip is making extra money. You know FSM have this annual event "What and where to Invest in 201x?'

Phillip have them too. Except unlike FSM SG which is free, Phillip charge SGD40/person. If there is a promo it's SGD10 (got it in my email)

So for this one, which one is better? Higher or lower is better?

Return higher or lower better?



From what I observe, even after factoring MYR depreciation against SGD, ponzi 2 still perform better

This post has been edited by AIYH: Feb 7 2017, 08:51 AM

Higher. So moral of the story buy Ponzi 2 SGD class ?

But if you look 1 year performance First State Dividend vs Ponzi 2 SGD class, First state dividend still win over Ponzi 2 SGD class

Bloomberg and FSMone shows different results




You may consider rading their FFS:
Ponzi 2 SGD FFS
First State Dividend Advantage SGD FFS

Who to trust? Already read that.

This post has been edited by Ramjade: Feb 7 2017, 10:44 AM

AIYH who to trust? FSM/bloomberg?

dasecret, AIYH any bond fund like our Ester bond counterpart in SG?

I only found one. ~5%pa returns with volatility of 2.xx.

FSM, sometimes bloomberg didnt get the distribution data, so the graph might be distorted

but they are really close for 1 year data



For bond, I suggest United Asian High Yield bond, given similar risk return ratio with the top RRR bond fund, it provides 1x.xx% annualized profit

Thanks.

Actually, I was considering this
Fullerton Asian Bond Fd Cl B SGD To psy my DBS MCA rather than let it sit inside not earning any interest.

This post has been edited by Ramjade: Feb 14 2017, 09:22 AM

if you divide the return by risk, United asian hy bond is better



btw, whats your pick between the 2 asia pac equity?

This post has been edited by AIYH: Feb 14 2017, 09:25 AM

United give 2.203442879499218 vs
Fullerton give 2.09727626459144

So higher no is better? What is this formula/ratio call?

I have no idea as it's too close to call. On one side we have Cimb which actually visit the companies to get first hand look and feel. I am not sure if First state does that or not.

If we look at fund size, First state is the winner. If we don't look at currency, both Cimb (MY class) and First state is almost the same at over 1b+. I would like to see their 3 years volatility when it's release (Cimb).

Who knows good old Ponzi 2 can deliver in SG.

This post has been edited by Ramjade: Feb 14 2017, 09:31 AM

Higher means the fund provides a better return given its risk, provided you compare them within the same class (bond funds in this case)

For similar risk return ratio, look at the performance data



It also help to understand each fund (for example the united one is invested in riskier high yield bonds)

I know about the risk with United. This bond fund is used to pay DBS MCA so it must give me >SGD60/year. Anything more than that is good enough for me.

This post has been edited by Ramjade: Feb 14 2017, 09:35 AM

Its a flip of the coin then, if you worry, you may invest in first state first since it is more established in SG.

Wait until cimb one has 3 years in SG then you can compare between them (assume you haven't found a viable ETF or stocks portfolio for this region by then )

But annualized 10% is more than that, can take some profit also beside paying the fee

Most likely no ETFs for asia pacific.

But with rising interest, bond will suffer. If ordinary bond suffer, what more these HY bond.

Am I right?

From Investopedia : Are High-Yield Bonds Too Risky?

You should care more about the default risk for high yield bond, because those companies with low credit rating are the ones that provide the high bond yield to attract capital investment to compensate their higher risk of default

This post has been edited by AIYH: Feb 14 2017, 09:50 AM

Hi guys, reporting in as new investor as educated by @Ramjade. Any "starter kit" for SG funds? BTW Ramjade, since you mentioned in SG POEMS is better than FSM why didn't the members here create a POEMS SG thread instead, just curious.

This post has been edited by Steven7: Feb 20 2017, 07:50 PM

Because at that time, we all only know FSM SG. All the people here have FSM SG except me. lol
I am sorry. No starter kit. Let's why I said this thread is "very dead" FSM MY already v18. THis thread only v1. lol

Funds recommendation:
Asia Pacific - First State Dividend Advantage/Ponzi 2 (return almost same as First state but we do not know what's the 3 years volatility yet)
US - Fidelity America

Feel free to browse funds on FSM SG which suit your taste then check and see if POEMS have them. Not everything on FSM SG is available of POEMS SG So you will have to make compromise here and there.

Remember the basic and you ought to do fine.

This post has been edited by Ramjade: Feb 20 2017, 08:21 PM

Ok thanks I will go do my homework and hopefully you can take a look at my portfolio soonafter