Noted. Thanks.

How would u knw that they invest in Schroder Asian Income ? Which fund factsheet ru refering ?

seems like fsm now offers FAST transfer from bank account dy

more over, given that fidelity global tech performs better than fidelity america and judging that tech will continue to boom in the future, not to mention that only fsm allows sgd 100 top up (vs poems and DD top up at eur 500 and sgd 500 respectively)

guess i will choose fsm instead of poems, need to play platform fee, but at least it suits the convenience of monthly small top up

is global tech a better choice vs diversified america? any idea about this? (I can only afford to choose one fund as I plan to do monthly topup and can't afford to top up both fund at the same time, unless my salary package increase )

actually in this case both as beat S&P 500 (although both fund lose to sp500 in terms of 3 years RRR), but still, the return in global tech far exceed its volatility compared to america

i use this fund as my us proxy allocation, even so, does purely in tech justify sacrificing the diversified sector in fidelity america? struggling a bit in this

Last time i consolidate my aladdin, titan, ta europe and ta global all into ta global, now it become 28% of my portfolio

after top up this month, once my cimb fast saver ready to log in, then i will transfer them to SG (either global tech or america)

DD do offer RSP, but unlike FSM, both poems and DD must use GIRO to RSP, and not sure about DD since they didnt provide much info but poems, you can only GIRO with DBS or POSB and need physical form and approval time about 1 month (similar to Direct Debit Authorization in Malaysia), very troublesome for me as I only have maybank and cimb

Even though poems' fidet america offer low top up, since global tech outperform america, if i opt for global tech, then become top up eur 500

Poems offered both GIRO and EPS

but still doesnt change the fact that poems only allow minimum top up of eur 500 (not sgd 500) for fidelity global tech, expensive to do top up

Tentatively, I will put both united hy and fidelity global to fsm, so that every month, i can switch sell from united hy to fidelity global (poems have switching fee of 0.5%)

If I have large enough paycheck to overcome poems minimum top up, then only i switch these

I only have these 2 funds in sg, other than that still in msia unless my paycheck increase

That will not be much of a concern as i treat united hy as my fd, will normally be in bulk, if got lower of course is a plus but not a major concern

To prevent exchange fluctuation, I will put some money in there for my monthly ammo for fidelity ammo instead of every month TT MYR to SGD (who knows what will happen later when MYR continue depreciate) while maximizing that idle fund

What makes me choose fsm over poems for this is that in poems, if you switch to another fund, you will be charge 0.5% for every switch, while fsm dont charge this

Although minor, agree with you that fsm interface is much more smooth compared to poems

btw, whats poems equivalent to fsm maps? cant find in their website

You mean your return fluctuates around 1.95%? chill la, this is still a bond fund, not stock trading where it can go up few % within a day
How does 0.5% switching charge works?
Below is a table that illustrates the type of switches you can perform and its charges.

Switching Category                                                      Switching Charge

Same Fund House/ Same Group                                  0.50%

Different Fund House /Different Group                          0.50%

Switch out from Money Market Fund                            Prevailing Sales Charge of Switch in fund
With the management fee, seems like smart and maps will be exactly the same dy it comes down to personal preference dy

This one u need to ask dasecret since she used the service, from what i understand it dont, so it will be the same for both platforms

You mean poems?

Dumped ~20K into MAPS Balanced for about few weeks now and so far I've been taking a hit of -0.15% due to Fidelity EmEur MidEast and Africa A USD is really doing quite bad. Rest of the funds are either increasing in value or remained almost the same but this one really dropped a lot (granted its Risk 9)

Wah, you so gung-ho, SGD20k lumpsum. Anyway it's early days, give it a bit of time to grow
Next time; consider doing RSP instead; Maybe for 20k you can do SGD5k every month for 4 months; if helps even out the investment cost. ROI on my MAPS is 3% at the moment. Couldn't figure out a way to do IRR yet since it's a basket of fund instead of just purchase of 1 fund everytime I RSP
MAPS is "VERY" diversified; it buys into 20 funds for you in 1 portfolio
We will see whether it plays out well or not la

But Smartly haven't launch; probably still waiting for approval from MAS. I would consider moving some of my FSM SG funds over to Smartly when it eventually launch because it buys ETFs instead of funds; so the absolute fees will be lower

Well in fact I will still be doing RSP.....might as well just dump ~20k in first. What is this Smartly tho? Why is it getting so much attention even though it didn't launch yet.

The first robo advisory in this region
https://www.smartly.sg/

Only know about them because the founder went on BFM

Out of the 20 funds; only 1 is ETF; 10% allocation. So still mainly UT for MAPS

Well, I don't think you can get funds that beat the index for all markets. And with pokemon style investing that MAPS employs, I think chances are a reasonably good robo advisor would beat MAPS; but that's my gut feel only la, at the moment MAPS beat my own FSM SG UT portfolio; so I stick to MAPS lor
Why u so blindly believe in mat salleh one... it's because of asians like you that they feel superior living in Asia

Yeah I know its not likely as its too good to be true.   Well yeah I don't want the hassle of trying to selling them off, then didn't get the "glitched" amount, then I have to purchase them all over again. Well I will just leave it probably.

BTW where do I see my dividends payout, if any?

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

Hmm, interesting, everyone loves ETF and FSM SG decided against it
But I don't mind geh. Beats doing it myself anyway

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 !

You don't have to buy using USD. You can send SGD into FSM SG and they convert into USD to buy into this fund for you. But rate good or not I didn't compare lor. That's how I bought the Fidelity America USD fund. Haven't sell it so not sure if I can keep the USD in cash account or must convert to SGD. I suspect it's the former as there is USD denominated cash account

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,....

Just wondering - anyone here have FSM investment accounts across countries? i.e. One in Malaysia and one in Hong Kong.

I'm tempted to apply HK FSM since it seems to offer wider ranges of portfolios and doesn't seem to have ridiculous restrictions for foreigners.

We went to Singapore. It's up to you if you prefer FSM HK. Need to find out if it's easy to open a bank account in HK. The good thing with singapore is proximity and SGD strength. If I'm not mistaken, HKD did depreciated over the past 10 years or so that now HKD is weaker than RMB