my ac not activated yet.. waiting for PW

i shortlisted:

UOB UNITED ASIA HBF
first state infrastructure
Blackrock global Multi asset
first state regional china fund
lion global Korea fund
fidelity euro

this is 2 weeks ago homework.. will analyse further when my ac is activated.

UOB UNITED ASIA HBF > Fullerton Asian bond fund (I am going for this as bond fund is not suppose to be volatile)
first state infrastructure (also in my watch list)
Blackrock global Multi asset (why pick this?)
first state regional china fund (ok)
lion global Korea fund (why? > better pick united japan smaller)
fidelity euro > pick a Eu small cap

These are what I have searched.

lion global Korea fund (why? > better pick united japan smaller)

ar.. just wanna hv small KOREA INVESTMENT. this country.. i hv no investment in yet.
diversify.

Japan.. i hv . unless i liquidate from FSM malaysia.

Blackrock global Multi asset (why pick this?)
recommended by OCBC RM... but did not buy from them.

Best to pick a country where the fund can perform. Japan >Korea. Hence putting same amount will nett you higher returns from Japan. But it's up to you. I chase returns.

Don't listen to RM. Do your own research. With volatility of 4+ and return of 4%+, better I pick Fullerton Asia bond fund volatility 2.25 with return of 4-5%. Another alternative is that United Asian HY bond fund (but it's not performing well these few months).

Just my opinion.

Schroder Asian Gr Fd

just notice this fund return so high???

Hehe... Now you are doing your homework Now you know why I said I want quit investing via SGX and go the UT way? I can't get that same return on my own.

Good fund for Greater china (30%+) and asia pacific. This will be my default go to fund for china + asia pacific. The better option would be Schroder Asian Total Return fund (lower volatility but almost same returns) but only available in USD unless you buy from FSM then can pay in SGD but kena platform fees If somehow Phillip introduce the other fund, I sure go for that.

Email them and ask them to include that fund since Dollardex and FSM both have it. More people message them higher chance they will bring the fund in.

So those who say earning 20% in Malaysia is the same as earning 20% in SGD better open thier eyes big big
That's why I said lots of better choices available in SG vs FSM MY.



This post has been edited by Ramjade: Sep 7 2017, 08:50 PM

exchange rate 3.14 today... Money changer says RM will strengthen.. but most of them also say will be a week or so show only.. haha...

like the 3.08 last month for only few days...

Good. Money match rate also not bad eh. No need to travel down to SG anymore. Transfer into CIMB SG to avoid paying SGD10 fees.

This post has been edited by Ramjade: Sep 7 2017, 08:52 PM

did u try it ? Hv not analyse it yet.

No good phone for KYC. Wait I get a good phone first. Phone camera is VGA only.

This post has been edited by Ramjade: Sep 7 2017, 10:33 PM

OT a while: this moneymatch can only be used by downloading their app? I have registered but unable to login when I'm accessing via desktop, it just hang on the same page when I login. And what does KYC stands for? Thanks

I think first time login via app. 2nd time onwards can be from desktop. You need to login via phone for first time to verify your identity. KYC is know your customer (a requirement by central banks everywhere to prevent money laundering).

I am actually impressed with them that they reply emails quickly. Something not really seen in Malaysia.

I beg your pardon, why do you need a good phone for KYC? When I register online, info needed are like name, address, dob, phone number, employer name and address, salary etc, need a good phone for these?

I don't seem able to download the app on an iPhone. I am also impressed with your quick reply at this wee hour

We will require pictures of your IC for via the app and would need you to schedule for a video conference E-KYC call for verification. (taken from their email reply)
And my phone only have VGA camera

No iphone app yet. I am still awake.

Hehe, after replying you, I just want to reconfirm my statement that I can't get the app on iPhone (tried last week after reading your post in other thread). Just now, I tried search on AppStore and to my surprise it's available for download! I have downloaded it, the verification can be online as you mentioned or offline @ their representative will contact you for a date n time for verification at their office.

They told me make an appointment with them so that they can arrange a video conference or something like that. Better double check with them. Don't simply download.

Err.. downloaded. Anyway, I selected offline verification & was informed via SMS and email that I will Be contacted within one working day. Will see how it goes..

Schroder Asian Income Cl A Dis SGD
6% annual
monthly div payout.
higher allocation in Finance.

https://api.fundinfo.com/document/9a63bb271...d7b68b2299a10df


whats difference AUD hedge, USD hedge.. return also different.

pros & cons betweendistribution funds or accumulation funds?

That is the mother fund for RHB Asian Income (with RHB being a better performer). This is a balanced fund which means semua ada. Reit, Stocks, Bonds. You can buy that or you can DIY. Of cause a balanced fund will never beat a full equity fund but a balanced fund can beat an equity fund in a bear market.

AUD, USD hedge means the returns are hedge with the currency. Makes it more stable. You won't gain more, you won't lose more. Eg. A 5% return hedge in USD means the return give exactly 5% in USD vs 5% in THB which can mean the return may actually be 10% or even -5% when converted back to your buying currency. If you want to buy those hedge funds, you need that currency. If the fund is in USD, you need to pay in USD. If the fund is in AUD, you pay in AUD.

How do you pay?
1) Convert your SGD and buy at Phillip exchange rate.
2) Do a TT to Phillip using RM in that required currency (eg USD, AUD)

For me, I avoid those foreign currency denominated funds as it will incur more cost for me.

You should know by now that dividend in unit trust does nothing.
Accu
- Means no dividend/distribution will be given out (like that makes any difference)

Dis
- Means give you dividend/distribution but will be reinvested back unless you give them instructions that the dividend will be credited into your MMF account (which you should not be doing)

The only good thing I can see is sometimes there's a slight difference in returns and volatility (but very much negligible)

Personally, if you ask me, I will avoid this Schroder Asian Income Cl A Dis SGD fund. Reasons:
1) At about 5%+ return (based on FSM SG website), this fund is not attractive at all. I can get better returns with s-reits.
2) There are other better performing balanced fund.

But the choice is yours. You can search for funds using FSM fund Selector

Hope this helps.

This post has been edited by Ramjade: Sep 16 2017, 03:57 PM

Hmm. now i need ask my Philip Agent if can tt Aud into the ac from Msia.

My ac open. I shortlisting basket of UT to start.