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 Fundsupermart.com v13, Merry X'mas and Happy 牛(bull!) Year

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Kaka23
post Jan 14 2016, 07:39 AM

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QUOTE(David83 @ Jan 14 2016, 06:17 AM)
U.S. Stocks Tumble as Risk Flight Intensifies, Brent Oil Sinks

U.S. stocks tumbled, with the Dow Jones Industrial Average plunging more than 370 points and small caps entering a bear market, as oil’s failure to maintain a 4 percent rally rekindled a flight from risk assets. Treasuries surged amid signs that demand for the relative safety of bonds is rising.

URL: http://www.bloomberg.com/news/articles/201...s-off-oil-slump
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Now it is really time to go in little by little in every region.. then wait sweat.gif
T231H
post Jan 14 2016, 07:44 AM

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QUOTE(Kaka23 @ Jan 14 2016, 07:39 AM)
Now it is really time to go in little by little in every region.. then wait  sweat.gif
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hmm.gif you think they will always come again so frequently? tongue.gif
T231H
post Jan 14 2016, 07:47 AM

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QUOTE(Kaka23 @ Jan 14 2016, 07:36 AM)
I may go around lunch time! look see look see..
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if you are still into US.....
good to go there for the Aberdeen talk.
The ang mor in Penang talked...I don't really catch him.....I think he is not that rosy in US...(If I listened and catched his hints correctly)
Kaka23
post Jan 14 2016, 07:50 AM

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QUOTE(T231H @ Jan 14 2016, 07:44 AM)
hmm.gif you think they will always come again so frequently?  tongue.gif
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It may still go down la this time... tongue.gif

I guess now if one have done some diversification and some asset allocation, this can prevent more damage to ones portfolio.. yawn.gif
Kaka23
post Jan 14 2016, 07:51 AM

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QUOTE(T231H @ Jan 14 2016, 07:47 AM)
if you are still into US.....
good to go there for the Aberdeen talk.
The ang mor in Penang talked...I don't really catch him.....I think he is not that rosy in US...(If I listened and catched his hints correctly)
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Titan will be less than 5% of my portfolio.. will just keep it
T231H
post Jan 14 2016, 07:52 AM

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QUOTE(Kaka23 @ Jan 14 2016, 07:50 AM)
It may still go down la this time... tongue.gif

I guess now if one have done some diversification and some asset allocation, this can prevent more damage to ones portfolio..  yawn.gif
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SUSDavid83
post Jan 14 2016, 07:52 AM

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The Aberdeen speaker for the Penang event is neutral on US. He only expects a return around 4 to 5% for 2016.
Kaka23
post Jan 14 2016, 07:53 AM

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QUOTE(T231H @ Jan 14 2016, 07:52 AM)
thumbup.gif
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But not me lor... still heave on equities icon_question.gif
river.sand
post Jan 14 2016, 08:21 AM

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Wanna confirm:
Is Sunway Pyramid Convention Center inside Sunway Hotel?
wil-i-am
post Jan 14 2016, 08:38 AM

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QUOTE(river.sand @ Jan 14 2016, 08:21 AM)
Wanna confirm:
Is Sunway Pyramid Convention Center inside Sunway Hotel?
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Nope, it's inside Sunway Pyramid
wil-i-am
post Jan 14 2016, 08:40 AM

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Decided to make payment today for last week 0.50% s/c promo
Vanguard 2015
post Jan 14 2016, 09:55 AM

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QUOTE(Kaka23 @ Jan 14 2016, 12:02 AM)
Why 1st April?
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Nothing special. By April, it would be the 2Q of the year. We should be in a better position to evaluate the markets then. For those practising quarterly VA and saving bullets, they should have saved enough bullets by April.
Vanguard 2015
post Jan 14 2016, 09:57 AM

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QUOTE(JAIDK23 @ Jan 14 2016, 02:35 AM)
hmm.gif already throw all Ponzi 2?
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No, no. I am still holding Ponzi 2 now. No plan to switch out yet.

My 2 cents view...what do we expect the fund manager of Ponzi 2 to do when there is a global rout? Sell off all the underlying stocks and buy bond funds and FD is it? It is not his fault that the fund is not doing well. Just let him do his job and wait for 2Q. Ponzi 2 is currently holding about 15.79% in cash (if I read the info correctly). Therefore there are opportunities for the fund manager to accumulate more shares at a lower price now.

This post has been edited by Vanguard 2015: Jan 14 2016, 10:11 AM
Vanguard 2015
post Jan 14 2016, 10:03 AM

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QUOTE(MUM @ Jan 14 2016, 07:11 AM)
hmm.gif FSM advises...."As small cap stocks are known to be more volatile than their large cap counterparts, investors should consider including small cap equity funds in their supplementary portfolios, confining their allocation in these funds to no more than 10% weightage of their entire portfolios."

http://www.fundsupermart.com.my/main/resea...allenging--6639

anyway.....if one got the appetite and are well prepared for it (financially)....I see, why not go against FSM advice.... brows.gif
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No-lah. My post no. 1356 was meant as a joke to lighten the atmosphere in this forum a bit. Everyone seems to be a bit sombre because of the global rout. Like attending a funeral already. biggrin.gif

I have not lost my marbles....yet....to hold 100% in Malaysian small cap. tongue.gif
Vanguard 2015
post Jan 14 2016, 10:06 AM

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If I read the Morningstar Asia info correctly, the current cash holdings of the following funds are as follows:-

1. CIMB Dynamic (aka Ponzi 2) = 15.79% of net assets
2. CIMB Global Titans = 9.89% of net assets
3. Eastspring Global Leaders = 1.67% of net assets
ohcipala
post Jan 14 2016, 02:06 PM

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QUOTE(Vanguard 2015 @ Jan 14 2016, 10:06 AM)
If I read the Morningstar Asia info correctly, the current cash holdings of the following funds are as follows:-

1.  CIMB Dynamic (aka Ponzi 2) = 15.79% of net assets
2.  CIMB Global Titans               = 9.89% of net assets
3.  Eastspring Global Leaders     = 1.67% of net assets
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Last I checked, Morningstar's fund info is a bit outdated. Best to get those info from each fund's FFS from FSM

This post has been edited by ohcipala: Jan 14 2016, 02:06 PM
j.passing.by
post Jan 14 2016, 03:21 PM

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thumbup.gif China's National Team is in the game - kicking all the indices up field.

Will Malaysia's National Team start playing in the last hour? Or already ran out of steam? Still got another 19 bill to shoot or already shoot all?

Please get in the game and don't let small-cap drop 1.5%... laugh.gif

Vanguard 2015
post Jan 14 2016, 03:42 PM

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QUOTE(ohcipala @ Jan 14 2016, 02:06 PM)
Last I checked, Morningstar's fund info is a bit outdated. Best to get those info from each fund's FFS from FSM
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FSM's Fund Sheet also not so updated. For Ponzi 2 and Titanic fund, the Fund Sheet is as at November 2015.
ohcipala
post Jan 14 2016, 04:07 PM

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QUOTE(Vanguard 2015 @ Jan 14 2016, 03:42 PM)
FSM's Fund Sheet also not so updated. For Ponzi 2 and Titanic fund, the Fund Sheet is as at November 2015.
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So best to get their FFS from their respective fund houses? icon_idea.gif
Iirc, Morningstar's FFS is outdated by a few months. FSM is slightly better la if I'm not mistaken
dexk
post Jan 14 2016, 04:25 PM

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QUOTE(xuzen @ Jan 12 2016, 08:02 PM)
Let me assist you:

Let's say on 1/1/2016 you buy a ASX fund at RM 1.00 / unit. The fund made 20cts per unit, or market up 20%. By now your fund NAV should be RM 1.20 right? You sell it, you should get RM 1.20 right?

But how much is ASX price? Forever RM 1.00, what happened to your 20cts?  They declare a 7% dividend and all of you go ga-ga! This means ASX only pay you 7cts, what happened to you other 13cts?

ASX FM then use the 13cts to keep in their holding.

Let's say next year the fund lose 20% and the NAV is now RM 0.80 and you want to redeem it immediately. They will use the rollover profit to pay you at RM 1.00.

You will say that this is good, as you are assured of RM 1.00 all the time. But for those who are financially savvy, we want full disclosure and be compensated accordingly, i.e., follow market force. We want to be able to fully able to enjoy the whole 1.20 when it is time opportune.

Now you get it?

Xuzen

p/s  for the past 10 years tracking, KGF annualized return is 16% p.a. How much is ASX? 7 or 8 % maximum right? Now you see how much opportunity cost you have lost?
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I think you missed a few points. Please correct me if I'm wrong.

1) You benchmark against KGF only. Meaning someone has to be 100% invested in KGF only. I see so many people here go for diversification and sacrifice potential gains in exchange for a more stable portfolio. In the end, their total portfolio return is around 7% (Based on my observation on average from what some of you posted here). It is still/also not capital guaranteed.

2) In the scenario of a Greek style bankruptcy. Do you think KGF or ASX will be able to preserve you capital better? You might argue chances of this is low, if so then why diversify at all?

3) In the end, 7-8% is not too bad. Not everyone is a gambler.

4) Also there are some people who has/is gambling their whole fortune into their own business for example and do not want/need to take anymore gamble with their retirement funds.

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