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 Fundsupermart Singapore, Let's have a separate thread

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prince_mk
post Nov 5 2015, 12:32 PM

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QUOTE(terence_say @ Nov 5 2015, 08:39 AM)
If you are going to a regional tactical fund.
Europe market and Japan market with QE is worth a look.

Europe may can have a look at Allianz Europe equity
Japan may can look at Eastspring Japan dynamic

If higher risk taker, Indonesia and India pure equity fund is suitable for long term, try to choose those accumulate and without dividend payment for tactical equity.

But ofcourse, first state DIVA are all the way the best selling fund especially for CPF OA investment. Constant divident, 1% of NAV every quarter with proven upside possibility is the best selling point.

If you are higher risk taker and looking at a sector fund
Healthcare sector may a good area to consider
Eg: United health care fund.
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Yeah..the United Healthcare fund is top performing fund. Just went in thia fund last week.
prince_mk
post Nov 5 2015, 12:34 PM

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How about Small Cap funds in FSM Sg ?

A FSM article recommending :

1. Threadneedle Lux Pan Euro SM Cap Opp Ash
2. BNY Melon Japan Equity SM Cap

Thinking to have this as sup portfolio.
TSdasecret
post Nov 6 2015, 10:27 AM

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QUOTE(terence_say @ Nov 5 2015, 10:15 AM)
Hi Hansel, thanks for your reminder
I always transfer out my unit to UOB every 6 months to avoid this so called "platform fees"
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How does this work? Buy from FSM SG and transfer to a bank for longer term holding? Banks have no platform fee I presume?

I like the services from FSM including switching etc though
terence_say
post Nov 6 2015, 07:03 PM

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QUOTE(dasecret @ Nov 6 2015, 10:27 AM)
How does this work? Buy from FSM SG and transfer to a bank for longer term holding? Banks have no platform fee I presume?

I like the services from FSM including switching etc though
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Yes, buy from FSM to enjoy low sales charge and transfer to a bank such as UOB OCBC or DBS to avoid platform fees.

Bank do not have any platform fees, so is suitable for long term holding core fund.

Most of the banker will tell you cannot be done because it is a troublesome "sai kang" and do not earn them any revenue point, so find the right person is the crucial part.

In bank prospective view, they are more than happy to take in more unit from FSM because it count to their portfolio AUM.


prince_mk
post Nov 11 2015, 12:02 PM

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Just topup First State Dividend Advantage and Allianz US HY today coz it was red.
prince_mk
post Nov 11 2015, 12:07 PM

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QUOTE(terence_say @ Nov 6 2015, 07:03 PM)
Yes, buy from FSM to enjoy low sales charge and transfer to a bank such as UOB OCBC or DBS to avoid platform fees.

Bank do not have any platform fees, so is suitable for long term holding core fund.

Most of the banker will tell you cannot be done because it is a troublesome "sai kang" and do not earn them any revenue point, so find the right person is the crucial part.

In bank prospective view, they are more than happy to take in more unit from FSM because it count to their portfolio AUM.
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Isnt the platform fee charged on quarterly basis? Even then fund is making loss also transfer back to bank ? Confused.
terence_say
post Nov 11 2015, 01:12 PM

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QUOTE(prince_mk @ Nov 11 2015, 12:07 PM)
Isnt the platform fee charged on quarterly basis? Even then fund is making loss also transfer back to bank ? Confused.
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Transfer out the unit from Fundsupermart to one of the bank. Unit no more under Fundsupermart therefore no platform fees charge
terence_say
post Nov 11 2015, 01:14 PM

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QUOTE(prince_mk @ Nov 11 2015, 12:02 PM)
Just topup First State Dividend  Advantage and Allianz US HY today coz it was red.
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Why Allianz US high yield

Most of the HNWI customer suffer big loss from this fund.
This fund was one of the focus fund introduce to UOB privilege banking customer last year, but had been remove from the favourite list and many customer suffer huge loss.
Hansel
post Nov 11 2015, 07:27 PM

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QUOTE(terence_say @ Nov 11 2015, 01:14 PM)
Why Allianz US high yield

Most of the HNWI customer suffer big loss from this fund.
This fund was one of the focus fund introduce to UOB privilege banking customer last year, but had been remove from the favourite list and many customer suffer huge loss.
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Hi Terence,.. I hold the Allianz US High Yield Fund - the fund has dropped in its nav but why would the HNWIs suffer big losses ? The monthly dividend was reduced once last September if I recalled correctly, till the recent review last September, the divvy has not been reduced.

The NAV dropped because of some redemptions by investors because of the fear of oil price dropping, which may have caused some energy issuers to default of their coupon payments to the fund, but if we look closely at the top ten holdings of the fund, I am not that nervous. The bond issuers are not all energy companies. There is quite a large proportion of the companies being in the financial sector.
Hansel
post Nov 11 2015, 07:29 PM

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QUOTE(terence_say @ Nov 11 2015, 01:12 PM)
Transfer out the unit from Fundsupermart to one of the bank. Unit no more under Fundsupermart therefore no platform fees charge
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rclxms.gif Nice trick,..... rclxms.gif I do this too,... but I don't transfer everything out, because need to let my RM in FSM Sgo make some dough too. After all, as an FSM+ investor, need to look after my lady inside.

Edited by adding : hey,.. do they charge you any charges for transferring out ? I know they charge quite a lot for transferring out shares from CDP to any bank.

This post has been edited by Hansel: Nov 11 2015, 07:30 PM
prince_mk
post Nov 12 2015, 08:24 PM

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QUOTE(terence_say @ Nov 11 2015, 01:12 PM)
Transfer out the unit from Fundsupermart to one of the bank. Unit no more under Fundsupermart therefore no platform fees charge
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But i have few funds currently.how?
prince_mk
post Nov 12 2015, 08:26 PM

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QUOTE(terence_say @ Nov 11 2015, 01:14 PM)
Why Allianz US high yield

Most of the HNWI customer suffer big loss from this fund.
This fund was one of the focus fund introduce to UOB privilege banking customer last year, but had been remove from the favourite list and many customer suffer huge loss.
*
Where do u see the UOB Priority favourite fund list? Mind share.

I top up sgd500 as the nav dropped alot after applying so called Value Averaging smile.gif thanks for reminder.

This post has been edited by prince_mk: Nov 13 2015, 08:11 AM
Hansel
post Nov 13 2015, 09:17 AM

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QUOTE(prince_mk @ Nov 12 2015, 08:24 PM)
But i have few funds currently.how?
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Good morning,.. well, theoretically, you can transfer all the funds out to a bank. But I'm not sure whether in a normal environment, are there transfer fees ? Please be aware of this. Hoped Terence can enlighten us here.

Secondly,... are there trustee fees charged by the bank for keeping the funds safely for you ?
Hansel
post Nov 13 2015, 09:27 AM

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QUOTE(prince_mk @ Nov 12 2015, 08:26 PM)
Where do u see the UOB Priority favourite fund list? Mind share.

I top up sgd500 as the nav dropped alot after applying so called Value Averaging smile.gif thanks for reminder.
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The investigations that I have done yields the result that the Results of Operations up till the latest AR that I have, namely 31/03/2015, for period 2014/2015 made a loss of USD 250,095,133.05 instead of a gain of USD 387,065,824.74 in the previous corresponding period (2013/2014).

The final net effect if the net assets of this Subfund for Allianz Global Investors dropped from USD 8,979,901,962.31 (2013/2014) to USD 6,529,591,009.63 (2014/2015).

I am waiting for the results for Sep 31, 2015.
prince_mk
post Nov 13 2015, 10:57 AM

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What other funds that i can consider? Any ponzi 1 2 3 here that u have had identified?
TSdasecret
post Nov 13 2015, 02:25 PM

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QUOTE(prince_mk @ Nov 13 2015, 10:57 AM)
What other funds that i can consider? Any ponzi 1 2 3 here that u have had identified?
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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
yck1987
post Nov 13 2015, 03:02 PM

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QUOTE(dasecret @ Nov 13 2015, 02:25 PM)
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
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Highest IRR of my fund goes to Fidelity China Focus A Fund recorded at 24.97%, invested since May of 2013.
But don't think one can get this return if invest only by now looking at current China growth.

terence_say
post Nov 13 2015, 03:42 PM

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QUOTE(Hansel @ Nov 11 2015, 07:29 PM)
rclxms.gif Nice trick,..... rclxms.gif I do this too,... but I don't transfer everything out, because need to let my RM in FSM Sgo make some dough too. After all, as an FSM+ investor, need to look after my lady inside.

Edited by adding : hey,.. do they charge you any charges for transferring out ? I know they charge quite a lot for transferring out shares from CDP to any bank.
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Hi Hansel, transfer out is free of charge.

There is also no any platform fees for the bank, you can hold as long as you want for free.
terence_say
post Nov 13 2015, 03:45 PM

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QUOTE(prince_mk @ Nov 12 2015, 08:26 PM)
Where do u see the UOB Priority favourite fund list? Mind share.

I top up sgd500 as the nav dropped alot after applying so called Value Averaging smile.gif thanks for reminder.
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There is no any physical official list but the investment specialist in the bank will recommend client advisor to talk to their customer on certain fund that they think is potential. Then you see every CA on the whole privilege platform is selling the same fund. This happen to US HIGH YIELD last year.
Hansel
post Nov 13 2015, 04:35 PM

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QUOTE(prince_mk @ Nov 13 2015, 10:57 AM)
What other funds that i can consider? Any ponzi 1 2 3 here that u have had identified?
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I would say any fund that has exposure to US-based assets, specifically equities-related funds would have a high chance for now. Second is Euro-based assets, equities-related too. But not so much as bond-related ones.

This is what that is mentioned in the Risk Monitor manual of Allianz Global Investors.

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