Okay bro,... tq for the charts, will study carefully later,... you are really pro, man,... can pullout charts so fast.

Need to do some work now,... and do my taxation asap.

For  Fidelity Euro HY Bond FUnd AMDIST, again risk reward ratio is not there. At 7.31 and returns of only 12.57 %, Compare that to PineBridge Acorns of Asia Balanced Fund.

For Fidelity Asian HY AMDIST SGD Hedged, still cannot beat P fund. 

Of course this is one year but I believed this one year results speaks louder than 3 years as during the past 1 year, Feds have start tightening faster vs 3 years before.

That Pinebridge got consistent monthly dvd payouts or not ??

When a fund distributes dividend payments to its shareholders, the NAV declines. Shareholders must keep this in mind when attempting to determine how well their investments are performing.
A significant number of investors choose to reinvent fund distributions automatically instead of receiving them in cash. When dividend payments are reinvested, the shareholder receives either additional shares or a fraction of an additional share in place of the cash payment. The NAV still declines by the amount that is distributed, but the total value of the fund investment for the investor stays the same.
http://www.investopedia.com/ask/answers/09...utual-funds.asp

I told you dividends/distribution doesn't matter. Whether the fund got payout or not payout, not important to me.  In case you have doubts,
If you keep harping about dividends/distribution of unit trust, some day you will get conned (like most folks in Malaysia gets conned by PM returns even though the real return is nothing to shout about). Basically they give you RM1 worth of units, and the price also drop by RM1.

I think you need another lesson from dasecret regarding distribution/dividends?

Don't want la, last time I tried explaining then he say I'm rude to him

Asian HY is not the way to go anymore la.... kan FSM already said that like last year. Sometimes we have to follow trend also la

You can DIY yourself here too
https://secure.fundsupermart.com/fsm/chart-centre-fund/

this is one interesting fund.
new fund

LION DISTRUPTIVE INNOVATION FUND
https://api.fundinfo.com/document/332bb91d4...d7b68b2299a10df

You do realise that majority of them are tech stocks right? Btw how did you screen that? I am looking at climate change and returns are so-so (acceptable).

I told you dividends/distribution doesn't matter. Whether the fund got payout or not payout, not important to me.  In case you have doubts,
If you keep harping about dividends/distribution of unit trust, some day you will get conned (like most folks in Malaysia gets conned by PM returns even though the real return is nothing to shout about). Basically they give you RM1 worth of units, and the price also drop by RM1.

I think you need another lesson from dasecret regarding distribution/dividends?

Don't want la, last time I tried explaining then he say I'm rude to him

Asian HY is not the way to go anymore la.... kan FSM already said that like last year. Sometimes we have to follow trend also la

Okay,... tell me then,...what if I bought the following funds at the following prices and am still getting dividends today,... or wait,.. perhaps you guys are comparing me against the best funds out there,...

Surely, if yuo always compare me with the best performing funds out there,.. mine cannot win-lar,... you keep comparing me with that Pine fund,..

Bros, what,.. hang-on, I think dasecret is a young lady, sorry honey.... what I needed is cashflow,.. it's not accumulated capital gain over a longer period. So, it's not fair to compare me with the accumulation funds-mar,... isn't it ??

I don't like your tone of voice,... your bullshit,.. go learn all your theories the hard way,... if you never made money money,... you can carry your theory with you till the grave and never get to invest big,...

Haha,... and I thought I'd like to target you to teach you everything abt investing overseas, opening accts, etc,...

Guessed I'll find someone else,...

To appreciate the point about dividends being a misleading indicator, it's important to understand how mutual funds offer a return. Mutual funds give a return by way of appreciation in the net asset value. Being market-linked, its NAV fluctuates on a daily basis; when at any point its NAV is higher than the level at which it was bought the investor has made a profit (generated a return) on his mutual fund investment.

In reality, this is the only way in which mutual funds give a return i.e. NAV appreciation. How about the dividends, doesn't that also count as a return? Not really, because the dividend can be declared only if there is an NAV appreciation.

Confused with all this? An illustration should do the trick for you. Observe what happens to the NAV of a mutual fund after it declares a dividend.

From one hand to another
Cum-dividend NAV (Rs) 15.0
Dividend (%) 20.0
Dividend (Rs) 2.0
Ex-dividend NAV (Rs) 13.0
Notice in the illustration that the cum-dividend NAV is Rs 15.0 (this is the NAV before the dividend declaration). The mutual fund declares a 20 per cent dividend. It is obvious from the illustration that the mutual fund does not declare this dividend from its own pocket; it is drawn from the NAV. So an investor who invests in the fund anticipating a dividend declaration should consider this point before hitting the invest button. After all the money for the dividend will only be deducted from his NAV; he will be richer by Rs 2 per unit (going by our illustration), and poorer by the same amount (since the ex-NAV will also fall by Rs 2). At the end of the day, the dividend-seeking investor has no doubt pocketed the dividend, only to see an erosion in his capital by a similar margin.

In our view, investing in a mutual fund for the sole purpose of pocketing easy money (by way of dividend) can be a recipe for a disaster. This is no way to invest in a mutual fund.

http://www.rediff.com/money/2008/jan/30nav.htm

But it is not necessarily something investors should get too excited about. What the dividend is worth? These dividends come from the funds' NAV (net asset value) and, therefore, can be likened to redemptions. Suppose you hold 1,000 mutual fund units with an NAV of Rs 20 and the fund house declares a dividend of Rs 2 per share. Since the dividend is coming directly from the NAV, the NAV will fall by Rs 2 to Rs 18.

Even as you pocket Rs 2,000 as dividend, the value of your holding comes down to Rs 18,000. Had you redeemed 10% of your holding, the results would have been same— you would have got Rs 2,000 in your hand and your mutual fund holding would stand at Rs 18,000.

While regular dividend from a company shows that its prospects are good, regular dividend from mutual funds means nothing. Given that dividend payouts do not result in any net gain to the investor, why do mutual funds declare dividend? One reason is that funds do it to create a positive perception among investors. Indian investors often confuse mutual fund dividends with company dividends and treat them as a net gain.
http://economictimes.indiatimes.com/wealth...ow/50052578.cms

However, it is utterly important for investors to understand that this is unlike the dividend earned through equity shares investment, where a listed corporate distribute its profits earned with shareholders. The income distribution process of a mutual fund is merely a function of portfolio movement (usually upward), resulting in profit taking (returning money to investors) with an impact on the NAV.

For instance, an investor has invested RM 10,000 into Fund A (growth-oriented fund) and Fund B (dividend-oriented fund) respectively. Assuming each fund delivers 10% return after a year, and only Fund B declares income distribution of 10%, the investor has opted to receive his income distribution via reinvestment in units of Fund B. The table below depicts the investor’s portfolio after a year.

Table

With reference to the table above, should the investor opt for cash payment, he should receive RM 1,100.00 (RM0.99/unit * 1111.11units), and the investment value should decline subsequently by the same amount accordingly (RM 11,000.00 – RM 1,100.00 = RM 9,900.00). Thus, in effect, mutual funds’ dividend declaration or income distribution is merely returning investors’ money back to them. In fact, it is possible for unit trust to declare income distribution, even if it doesn’t deliver any return over that particular period.

In the race to garner more asset under management (AUM), some fund houses have resorted to tactics of declaring dividends frequently, as this may lead to misinterpretation that the funds are doing well and investors may be inclined to invest more into the “good dividend” funds. Investors who fell prey to this may be left with empty baskets in the long run.
https://www.fundsupermart.com.my/main/resea...June-2017--8510

Okay,... tell me then,...what if I bought the following funds at the following prices and am still getting dividends today,... or wait,.. perhaps you guys are comparing me against the best funds out there,...

Surely, if yuo always compare me with the best performing funds out there,.. mine cannot win-lar,... you keep comparing me with that Pine fund,..

Bros, what,.. hang-on, I think dasecret is a young lady, sorry honey.... what I needed is cashflow,.. it's not accumulated capital gain over a longer period. So, it's not fair to compare me with the accumulation funds-mar,... isn't it ??

Get your concept right first. All unit trust/mutual funds distribution/dividends are useless. You can search article written by govt link blogs to financial blogs all mentioned the same thing whether it's india, hong kong, malaysia, Singapore.

I give you few examples
Fund 1
A fund which give you 3% dividend every quarter without fail with returns of average 5%p.a over 3 years

Fund 2
A fund which give only 1% dividend once per year with returns of average 5%p.a over 3 years.

Fund 3
A fund which give only 1% dividend once per year with returns of average 7%p.a over 3 years.

Which would be the better choice?

She's an auntie who major in accounting.

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

I think both of you around the same age.  :blush

Sure or not.... he cannot be early 30s la 

Just realise the fire between the 2 is not just on this thread. Hope I didn't add oil to fire

You are early 30s?   

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?