Thanks bro. Looks like we are back to asset allocation and negative correlation between different asset class.
Ok what. You can fix an appointment with Mr. Looi at Menara PNB. Once you withdraw your money from ASM, etc. he can straightway open an ASM account and deposit his money equivalent to your withdrawal amount. 

RM3000/month target for passive income? When is your dateline to achieve your passive income bro?

Beware running out of ammo

U also got plenty ammo. U started invested in fsm?

ASB la...FSM tu penipu yang sial...gerenti lose money wan...ASB tu gerenti won't lose mani

Well I can share past experience, I asked them their view on my portfolio, there was a guy called Andy, he said overdiversified, otherwise no other issue. And discourage timing of market. Then will end with the sentence at FSM, we encourage investors to stay invested via RSP, this will avoid timing of market and also average out any volatility.
They will tell you opinion but will avoid to tell you exactlt which fund to let go at which time, and which funds to buy now, that is our own job to decide usually. But then again this was 2 years bacl .
Ill update again if I get successful reply this time

ASX FP??

better than FSM??? but last I asked quota full for non Bumis

Hahaha. I dunno how to do trend trading like some investors here. All I have are my titanium balls and spare ammos. I have no fear. Come, come, come. The markets can fall some more. Then I will gain more in the long run.   

if I am comparing its NAV between 31 Dec till now....yes if you buy now, it has been discounted at about 15%

will it fall further?.....
if you are comparing
1) now till next week...I will tell you by next week
2) now till next month...I will tell you by next month

just remember no one knows when is the lowest NAV until it happened.

how much do you intend to go into GTF in % terms of your portfolio?
do you currently has GTF in your portfolio?

Some mental jotting:

I) I am exposed to three equity based funds: Titan, Ponzi 2.0 & ESISC.

II) If you look at the chart, Titan & Ponzi 2.0 have been on the uptrend for the past three years. It was only the past two months the funds have slid downwards. If you have done DCA on them, your lost should be still within a single digit percentage. If you do lump sum.... god help you.

III) ESISC is inverse to Titan & Ponzi 2.0; whenever they go down, ESISC goes the other way. If you, like me are invested in the three funds, then your loss in Titan & Ponzi 2.0 will be somewhat mitigated by the reversal of ESISC.

IV) If you have invested also in fixed income; your loss would have been even more mitigated by the fixed income fund's slow climb upwards.

V) The lessons is still true, buy funds that are poorly correlated with each other. Include a stable fixed income fund like Libra Asnita bond to make your portfolio more resilient to the volatility swings.

VI) The above are the golden rule of investing in UT.

VII) In times like this; stay strong & let diversity rules.

VIII) If you have already done point IV) to V); then stay away from looking at your portfolio for a few weeks. Let the bad weather pass. Read a book, go do something else.... just don't look at your portfolio for the time being.

Xuzen

p/s Note to self, no more topping up or DCA for the time being.

Keep your ASX stuff to ASX thread. Thanks.

It is best to discuss about ASx fund in the specific ASx thread.
As this thread topic is Fundsupermart instead of ASx.
ASx FP which is different breed compared to ordinary UT out there.

Ty

There are some issues you must take note before you think of ASX FP as a replacement to Libra Asnita Bond:

I) The NAV of ASX is fixed and it is not reflective of the actual value of the fund. I have spoken at length about my opinion on ASX; I do not wish to repeat them.

II) ASX is from a different company. It is like asking Can I use Pub-Mut Bond as my fixed income portion? Sure you can, but you forget about the logistic hassle. Say for example when you need to move money into FSM's ESISC; you need to liquidate the fund from Pub-Mut which will take T+10, then write a cheque or IBG which will take another T+3 days to get into ESISC. In total your money will be in transit and doing nothing for 14 days. Is it efficient?

III) Don't forget, when you move from Pub-Mut or ASX or whatever; each time you move from a different platform you need to pay sales charge.

IV) This is what I call smart in theory / book but not so street-smart.

Xuzen

Before I answer you this; I want more data.

Tell which ASX FP fund specifically you want to use as the Fixed income portion? I ask because I know there are a few right? So which one you wanna use?

Next give me their historical dividend yield for the past ten years.

Oh! And one more thing, let's assume you sell your ASX FP and masuk say ESISC; then when the it is time to take profit from ESISC you want to buy back ASX FP. But you run a risk of not being able to buy because all units sold out already. Is that going to be a real or imaginary problem?

Xuzen