I have Allianz Us HY, Natixis IF Loomis Multisector Inc SGD H and United Asian HY Bond Dist Sgd.

Which fund is giving the yield of 7%?

I put in United Asian HY Bond Dist SGD. My favourite fund.

Recommended funds by FSM SG :

Asian Ex Japan : First State Dividend Advantage

YTD : 5.5%
Return : 1 yr (10.26%), 2 yr (12.66%), 3 yr (12.05%)

As for me, i will change the SGD notes in Msia and pass to a friend to bank in Sg bank. Most of them come back every 2-3 month once. Can save TT charges too.

Can try OCBC

Yes you are right. But most of them dont wan. even good friend. Unless you have siblings there.

Yeah i know. But thar is just a small amt in portfolio.

No pain no gain.

What funds are you having nw?

Some guides frm FSM Msia V12

Put it simply, dividend is just "left hand go right hand"; there is ZERO IMPACT to the investor's value of holdings.

- Fund XYZ has 100,000 units issued, initially issued at RM1.00
- Current NAV price is RM1.02
- XYZ declares a "10% dividend" of 10 sen a unit
- After the dividend, the NAV will go down to RM0.92

For sake of illustration, we assume that dividends are paid out in cash (not reinvested), and no tax on the distribution.

Ali says: "Eh XYZ very good, gave me 10% returns..."
Answer:
WRONG! The 10% is expressed by reference to the Initial Offer Price of RM1.00 (RM1.00 x 10% = 10 sen). It does not mean that the fund made a profit of 10% for investors. In this scenario, the fund actually only made a return of 2% (RM1.00 + 2% = RM1.02) during the period.

Simply said, just imagine you pass me RM100 to invest in a trolley cart. 1 year later the trolley cart become worth RM92, and I collected rental income of RM10 on your behalf. The value of your investment is now RM102. I then decide to return 10% i.e. RM10 to you. So now u have a RM92 trolley cart and RM10 in cash on hand. The "dividend" that I decided to give you has ZERO IMPACT on the net worth of your investment, which remain at RM102.

Here's another variation to the scenario above; your RM100 investment could actually have incurred a loss, and I could still decide to "reward" you with a 10% "dividend". Let's say a wheel on your trolley was damaged, now your trolley is only worth RM60. The value of your investment is now RM60 + RM10 (rental income received in cash) = RM70. But I could still proudly say that I'm declaring a 10% "dividend" to reward you brows.gif

Key Lesson Point
A unit trust fund can declare dividend even when it has actually made its investors@unitholders poorer. By regulation, a unti trust fund can only declare dividend out of its REALISED INCOMES (interest income, dividend income, net proceed from sale of investments, rental income etc). Gains from market price fluctuations are not realised, i.e. they're "paper gain/(loss)". So, you could be having
(a) Fund A got realised incomes from which to declare dividends, even though during the same period it has huge paper losses.
(b) Fund B made lots of paper gains from market price movements, but it cannot/decided not to declare dividend to unitholders because of insufficient realised incomes. Bear in mind, some funds actually have a "no dividend" policy, and they are great performers. wink.gif

What is Offer to Bid Returns (%) & Bid to Bid Returns (%)?
This is on the subject of investment returns of Unit Trusts.

Best Answer
The easiest way to translate this is bid to bid (BB) means before charges (such as broker fees) and offer to bid (OB) means after charges. So a return on a Unit trust that is calculated OB is the return after all of the charges have been taken into account.

My Equity funds holding as at Nov 2015 :

1. Nikko AM Japan Div
2. First State Dividend Advantage
3. Pinebridge India Equity
4. Unitrd Globalhealthcare fund

What others equity funds that u think is performing besides First State Dividend Advantage (Asia Pac Ex Jap)?

This post has been edited by prince_mk: Nov 5 2015, 07:26 AM

What others equity funds that u think is performing besides First State Dividend Advantage (Asia Pac Ex Jap)?

What others equity funds that u think is performing besides First State Dividend Advantage (Asia Pac Ex Jap)?

Btw our Ponzi2 is available in FSM SG anyone buy this fund hehehehehe

I was advised by CIS that choose one of them coz they are having same mandate.

What i understand frm FSM Msia thread, sky high price means u get lesser units. when choosing a unit, u should see its performance instead of its price correct me if wrong.

Boss Pinky

I learnt frm you. Tks for useful posting in FSM Msia thread. But i m still picking up. Keep up the efforts.

Yeah..the United Healthcare fund is top performing fund. Just went in thia fund last week.

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.

Just topup First State Dividend Advantage and Allianz US HY today coz it was red.

Isnt the platform fee charged on quarterly basis? Even then fund is making loss also transfer back to bank ? Confused.