Bro,... buy the HY Bond Funds NOW ! Don't wait anymore,... as oil price recovers and edges up slowly,... the nav will go up ! Buy the SGD and the USD denominations.

Bro,... charges in FSM come every quarter, not every year,...

Anyway, there is a promo period now for transferring unit trust hldgs from FSM to POEMS. POEMS will give out $20 to every $10000 worth of unit trust funds transferred to them. There will be the normal terms and conditions to be adhered to.

Many of my friends are also transferring their finds from FSM SG to POEMS. They're taking advantage of the promo now,..

I wonder if there is any weakness in holding ALL funds under one distributor. What if something happens to that particular distributor ?

Secondly, what are the weaknesses of holding funds under POEMS compared to FSM SG, besides, of course,... the good part, being no platform fees ?

I've not heard of any sustainability issues with POEMS,... perhaps we shld scan the net more,...

POEMS website not having enough facilities is not an issue, at least not for me,... I can use other facilities elsewhere in the net.

Looks like the risk that we are seeing here is that POEMS may not be able to sustain for the longer run,...

Hmm,... I was thinking too along this line earlier,... but what to do,... at least run away from the one who is charging first,...

Not all funds, bro,... I have funds which give out divvies every mth, and the price still rises according to fundamentals,... eg oil price,...

Tq AIYH,...

I'll just respond with one of the monthly payout funds that I hold for which I bought when the nav dropped back when oil price dropped. The fund is the Allianz US HY Cl AM-USD, entry price USD7.79 per unit, monthly dividend payout USD0.06 per unit.

Hence, yield for me is at 9.24%.

The price of this fund is now at USD9.13 per unit.

Of course, the dpu payout and the nav can fall, with similar risks to buying stocks and REITs.

Bro/Sis,... appreciated yr comments,....

1) The HY funds are said to have properties closer to equities than to bonds. With a growing economy in the US, if equities do well,...theoretically, the HY funds will do well too.

2) I have reinvested the dividends I've collected over the years INTO other asset classes besides these HY funds themselves. It's not easy to calculate the returns from there, but I hold on to the concept that the faster I get my money in my hands, the faster I can reinvest them into other instruments to generate more returns.

3) The table that you showed are in SGD terms, meaning the returns have been converted into the SGD and then calculated in SGD, hence,... exchange rate effect is there. In their absolute currency terms, my returns are higher.

4) Your performance table was pulled from either Fundsupermart SG or POEMS, and the returns are in SGD terms because their investors normally convert the dividends received into the SGD. I don't, I collect my returns in the foreign currencies that such dividends were generated in,... and,... when the exchange rate is favourable, I may convert over. Otherwise, I my use the same currency cash in hand to invest into instruments of similar currencies.

Egs,... I will use the USD divvies I earned to invest into Manulife US REIT. I may use the AUD divvies I earned to invest into the ASX !

I guessed I don't have specific numerics to illustrate my returns,... but I noticed I keep getting more and more foreign currencies dropping into my different wallets.

What is the average return of a good US Equity fund ?

Bro,... you still have much to experiment and to discover in terms of moving funds ard the banks in SG without being onsite physically,... guessed this is one skill that an offsite investor must learn to pickup if he wants to invest in SG. Otherwise, it will be totally impossible and too costly to invest there !

It's okay, if you feel lazy, do not reply,...

I too feel lazy at times to QUANTIFY things like what you said, and especially after how you said things,.... so,.. no need to read my postings,...yeah,.. I must be 'shiok sendiri' then,...

Bro,.. let me ask you this first,... you wish to buy in USD or in the SGD ? Do you have the USD in hand now ?

Hmm,... after reading dasecret's reply to me,... I'm kind of discouraged to help here,... since he/she is helping here with his/her great quantified ways,....

If wanting to help also need to think of this and that, and consider this and that first before replying,... then no need,... it's okay ! Let me help those who don't give me too much problems,...

I took years,.. and even helped out DBS to develop their techniques in their infancy,... I don't have to take all these,...

Bro,... everybody starts like that,... you need to start somewhere,.. initially you convert first to invest into SG instruments. Then as time goes by, you start to earn from your instruments, and your earnings will be in the SGD.

Further down the road, your earned SGD will become more and more, and when you start pouring yr earnings back to invest into more SG instruments, you will feel 'lighter' because you do not need to convert yr RM into SGD anymore.

This is when you will earn the SGD already,...

You must buy the right instruments,... this is the condition.

This post has been edited by Hansel: Mar 24 2017, 08:44 PM

Bro,.. High Yield Bonds or High Yield Bond Funds ? Why did you not reply him/her ? It's yr money,... even if you wished to throw it into the drain also... it's up to you,...

If you believed in High Yield Bond Funds,.. as I have been doing all these years,.. then so be it,... speak yr mind,... no need to be careful of him or her or of anyone,...

This is just a forum,... no need to be overly careful to speak,...

Which fund was it, bro ?

OK,... I guessed he got caught by some fundamental events,... sometimes must watch closely, and must understand the fund's behaviour too. Like the ones I'm holding,... I see they have strong correlation with oil price,...then I will know when to buy,....

Yeah,.. good decision,... but before you go back to this HY fund, would you know what effects it ? What are its underlyings, and how does the price move ?

What is Manulife AP REITs, bro ?

Yes,... bro Ram has a strong point there.

I've opened an acct in FSM SG LONG BEFORE they set up shop in Msia. My experience has been with the SGD all along.

One thing I noticed is with the SGD being strong always, whatever dividend that I earn, when converted into the SGD is always 'lesser relatively',... I noticed during times when the SGD is weaker, then only will I get more SGD divvy.

Hence, I supposed if we invest using the RMin FSM MY, we will GET MORE RMs when the RM depreciates.

Wait a minute,.. does the base currency get converted directly into the RM, OR does it gt converted into the SGD first, then only into the RM< since FSM is SG-based ?