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

Long time you no tok-kok™ here hor...

But why so muram during this CNY?

Your Viet-Moi(s) no give you hunneh?

Xuzen

I busy with girlfriend and her family

The reason I am asking here is I am planning to use that and I want to know the calculations for it. Different breed of UT still a UT.

Bro xuzen can it be done? Can that be be taken into the account of IRR if we combine it with other funds?

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

Asw or asm. What difference does it make as they generally give the same returns of 6.x%/p.a?

7 years can?
For asw2020
2009 - 7.00
2010 - 6.30
2011 - 6.50
2012 - 6.60
2013 - 6.70
2014 - 6.60
2015 - 6.40

For ASM
2009 - 6.25
2010 - 6.30
2011 - 6.38
2012 - 6.80
2013 - 6.50
2014 - 6.60
2015 - 6.60

About not being able to buy back, yeah that is a real problem. However one can keep trying for 3 days straight. Sure masuk by 3rd day. Have never experienced really sold out. The amount I try is always ~rm5k and so far my success rate of buying is 100%.

There are 2 schools of thoughts.
The first one is 'buy low sell high';
The second one is 'buy high sell higher', also known as 'don't catch the falling knife'.

Investors from the first school would be happy to buy when the economy/market is bad; whereas those from the second school would sell.

We really can't tell you whether it is good time to buy. You have to make up your mind.

Time for new Version!!

I busy with girlfriend and her family

...see below post....

Time for new Version!!

kimyee.....take note of your Am precious metal upward trends.....getting ready to jump off?
impressive entry you got there...

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.

Asw or asm. What difference does it make as they generally give the same returns of 6.x%/p.a?

7 years can?
For asw2020
2009 - 7.00
2010 - 6.30
2011 - 6.50
2012 - 6.60
2013 - 6.70
2014 - 6.60
2015 - 6.40

For ASM
2009 - 6.25
2010 - 6.30
2011 - 6.38
2012 - 6.80
2013 - 6.50
2014 - 6.60
2015 - 6.60

About not being able to buy back, yeah that is a real problem. However one can keep trying for 3 days straight. Sure masuk by 3rd day. Have never experienced really sold out. The amount I try is always ~rm5k and so far my success rate of buying is 100%.

Yello Sifu Xuzen.

No moar DCA for the time being?    So u foresee that markets will go down the long windy road full of bears?

I don't know whether the market will be bear or bull. I don't want to speculate.

I am certain that the volatility will continue.

Since I am not sure, it is better I do nothing and watch from the sideline first. Please note that this advise is specific to me as I am very near my intended target asset allocation. For those who have just started DCA or at the accumulation stage; continue DCA to reach your targeted asset allocation before thinking like I do.

Xuzen

Asw or asm. What difference does it make as they generally give the same returns of 6.x%/p.a?