Xuzen won't come in here to argue with you, so you are safe. 

What would do if I tell you the UTFs at FSM SG is not as good as FSM MY?

"Wears a flame retardant suits and runs away!"

Xuzen

Er talking to me or xuzen?
If me, when you are in SG, look at SGD. Don't look at RM. Later if you need the money, then only look at how much you make with the depreciation of RM.

Same thing apply for USD, etc.

Good day to you good sister,

I will attempt to answer you question objectively. I shall use two examples. And for argument's sake I shall take TA GTF and RHB AIF. From friend Ramjade's words, TA GTF is the daughter of Henderson Global Tech fund denominated in SGD; whereas RHB AIF is the daughter fund of Schroder Asia Income fund. Both the mother funds are denominated in SGD.

A) Lets take case for RHB AIF.



Lets say you participated SGD 1,000.00 into SAIF 3 years ago, today value shall be SGD 1,157.63, convert it to MYR as of today rate = SGD 1,157.63 x 3.16704 = MYR 3,666.24

Lets say you participate MYR 2,595.23 (eqv to SGD 1,000) into RHB AIF 3 years ago, today value shall be MYR 3,710.95

RHB AIF wins mother fund.

=============================================

B) Lets take the case for TA GTF


Lets say you participated SGD 1,000.00 into HGTF 3 years ago, today value shall be SGD 1,453.65, convert it to MYR as of today rate = SGD 1,453.65 x 3.16704 = MYR 4,603.77

Lets say you participate MYR 2,595.23 (eqv to SGD 1,000.00) into TA GTF 3 years ago, today value shall be MYR 4,349.16

TA GTF loses to mother fund.

=============================================

What is the takeaway message here?

Forex is too unpredictable. Some daughter fund wins mother fund; other loses to mother fund.

The final say is that there is no room for generalization.

My personal take is, investing is already a risky business, hence do take in more unnecessary risky. For example, if you are not a resident of S'pore, it makes no sense to buy an asset that is denominated in SGD because you are introducing another element of risk aka unpredictability into the equation.

Xuzen

p/s Data are obtained form Xe.com website for forex data, FSM MY for both RHB AIF & TA GTF, FSM SG for SAIF and HGTF.

This sister ar...     

You don't read izzit. I already state my conclusion, one cannot make sweeping generalization. There will be winners and losers. You want, you need to calculate each fund one by one. That is why to me, it is a waste of time, and I better stick to FSM MY for the time being.

Xuzen

i am looking to trade unit trust in singapore. i am debating between FSM and POEMS, not sure if this is the right place to ask this, but which would you recommend?

For FSM MAPS subscribers, the aforementioned portfolio rebalancing *could* be underway.

Your Portfolio Manager is conducting portfolio action on your FSM MAPS Balanced (Growth) portfolio. It will take approximately 7 working days from the day you receive this notice for the process to be completed.

Lolwut? I am very content with MAPS already la, SYTs always welcomed tho   

BTW I think my port rebalancing has finished.

Oh one more thing! Just received an email from Smartly saying they are finally ready for launch, will start the member onboarding on June. Although personally I prefer StashAway just by looking at their tech (occupational hazard)

I just sold the First State Dividend Advantage and plan to divest into other HY bond.

I am going to start soon. Going to follow sifu xuzen recommendation for US sector to use  global tech.
How do you use Morningstar SG to select funds?

Hey dasecret, you have port in FSM SG too isn't it, bleeding too right?

I am kind of apprehensive towards ETF investing because:
1) we are getting average results
2) ETF weightage is not diversified. Take STI. A big chunk of it of the component are banks. A ETF with equal weightage to all stocks give better results than regular ETF (according to a study done)
3) ETF investing decreases value
http://fifthperson.com/passive-index-inves...ation-of-value/

Another round of portfolio rebalancing for FSM MAPS holder.

Yeah, I thought FSM used to publish articles like this https://www.fundsupermart.com.my/main/resea...lio-Returns-566 saying frequent rebalancing may not be the best solution but somehow its happening again, makes me wonder are they anticipating any massive market fluctuations.   

All in all, yes I am also very satisfied with MAPS returns thus far, I know you subscribed to FSM MY "MAPS" but too bad I don't have 10K MYR to join the fun with you 

That's weird. You subscribed for MAPS way earlier than me right, I already got my first-time MAPS investment reward as well as MAPS top-up rewards awhile back. Yeah the points can't really do much 

Wah, buy from FSM tranfer to DBS, saved 5%!
Clever.

I am thinking of selling of TN, very much fluctuating Funds...very headache saw the price changed.
sorry wrongly type:
Any comment on these this profolio (3 years)?
1. Threadneedle Lux - Developed Asia Growth and Income - 45%
2. First State Dividend Advantage 23%
3. First State Bridge  SGD 27%

Let's talk here. There offtopic. I haven't buy yet. Too high to buy in. On my watch list.
- Fidelity Global tech EUR (TT EUR from malaysia to Phillip to buy) of course
- First State regional india
- Schroder Asian Growth fund (if got Schroder Asian Total return in SGD will buy that instead but only got USD)
- Parvest Japan small cap USD*
- First State Global Infrastructure (this is to replace asia pacific reits and act as pseudo bond)*
- United Asian HY Bond fund can get 10% p.a (recommended by Hansel)*

*optional

dasecret Both Smartly and Stashaway are open for business, you interested?

Nah not really, at least not for now. Smartly tech in not convincing to me and StashAway bets too heavily on US/European market. Quick sharing, you can find a lot of insights on investing/finance in a thread called Official Shiny Things Club in HWZ forum. (It'll worth your time, trust me  )