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

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SUSPink Spider
post Dec 24 2015, 10:32 AM

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QUOTE(xuzen @ Dec 24 2015, 10:26 AM)
Excuse me while I and pasir sungai engage in some CFA-buddy-talk:

All these are theories which you learn in your CFA class. Good! But take them with some perspective:

The expected return of say Titties fund is around 20%++. What is a little ant bite of 0.25% increase in risk free rate gonna do to it? Perhaps now its return becomes 19.75% ++? Will you be sad? Cannot eat; cannot sleep?

I reiterate: Equities fund are not bond funds... they are not so sensitive to interest rate change.

Xuzen
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Akauntan tanpa lesen disagrees...

Rate hike (and Fed already indicated that it is the beginning of a series of hikes) WILL:
- cause USD strengthening
- increase borrowing costs for corporations
- cap US consumers' appetite for spending
among others

And the implications?
- US-based corporations' exports will lose their pricing competitiveness vis-a-vis Europe
- when US-based corporations remit their earnings back, they will depreciate in value due to USD up, Europe and emerging currencies down
- savings rate up, Americans might be tempted to cash out from stocks and go back to savings

All these might harm earnings growth and/or rally in US stocks.

Unless u are PURELY betting on MYR/USD weakness...but then, why not just buy USD for keeps? tongue.gif

This post has been edited by Pink Spider: Dec 24 2015, 10:38 AM
SUSPink Spider
post Dec 24 2015, 10:40 AM

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QUOTE(xuzen @ Dec 24 2015, 10:38 AM)
What you say is probable and is something for an investor to consider if their local currency is not so volatile against USD. (SGD / BPS / Euro). Again you are stating theories without considering country specific circumstances.

But what I mention above is very localized and country specific to our Bolehland situation.

Xuzen
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Please read just-added last line of my previous post whistling.gif
SUSPink Spider
post Dec 24 2015, 10:58 AM

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QUOTE(xuzen @ Dec 24 2015, 10:46 AM)
USD alone is just plain paper; it does not generate income.

Equities are real businesses and real human activities. 

Xuzen
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Dunno why I feel naughty when I read that ph34r.gif brows.gif

OT! Festive and holiday mood tongue.gif
SUSPink Spider
post Dec 24 2015, 12:00 PM

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QUOTE(lukenn @ Dec 24 2015, 11:52 AM)
Agreed !

So what kinda portfolios are you guys running ?
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RHB Asian Total Return
RHB Emerging Markets Bond

Aberdeen Islamic World Equity a.k.a. Aladdin
CIMB Principal Global Titans a.k.a. Tits

CIMB Principal Asia Pacific Dynamic Income a.k.a. Ponzi 2.0
Affin Hwang Select Asia (ex Japan) Quantum a.k.a. Ponzi 1.0

Eastspring Investments Global Emerging Markets

This post has been edited by Pink Spider: Dec 24 2015, 12:00 PM
SUSPink Spider
post Dec 24 2015, 12:49 PM

Formerly known as Prince_Hamsap
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QUOTE(lukenn @ Dec 24 2015, 12:43 PM)
Power la bro ! I'm just equal weighting it...  Strangely balanced, but effective.

[attachmentid=5609471]
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If u wanna be more anal...
75% equity funds
25% bond funds

Within the 75%...
Eastspring 24%
Affin Hwang Quantum 22%
CIMB Asia Pac 16%
Aberdeen 15%
CIMB Titans 23%

Bond funds pulak...
1/3 Asian Total
2/3 EM

Try again? tongue.gif
SUSPink Spider
post Dec 24 2015, 01:19 PM

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QUOTE(lukenn @ Dec 24 2015, 01:00 PM)
Slightly less effective, but still good.
High return, low vol.

[attachmentid=5609654]
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Your initial charts based on equal weighting throughout... hmm.gif

must be my overweight on Eastspring GEM and underweight on bond funds dragged returns. RHB Asian Total Return has been wonderful in recent 2 years
SUSPink Spider
post Dec 24 2015, 01:20 PM

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*double post

This post has been edited by Pink Spider: Dec 24 2015, 01:56 PM
SUSPink Spider
post Dec 24 2015, 02:01 PM

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QUOTE(lukenn @ Dec 24 2015, 01:33 PM)
I believe the portfolio performance is due to the owner's high level kung fu... better to get his feedback on the actual performance attribution.
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Mind telling us what is the blue and green lines on the chart? And the 5.46 and 1.04

Quite close to my actual returns.

My actual rolling 12-months return currently stands at 11.8%

Historical rolling 12-months returns:
Highest: 17.86% for Oct-14 to Oct-15
Lowest: 2.81% for Sep-13 to Sep-14
Average: 8% (started computing rolling 12-months return since Feb-14)

I'd say yes, MYR/USD action plays a large part in my portfolio returns spike in recent times.

And also thanks to Jibby and his 1MDB saga's effects on KLCI.

QUOTE(T231H @ Dec 24 2015, 01:45 PM)
Ok....
Pink, what is your take on that?
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What take u want me to take? blink.gif

This post has been edited by Pink Spider: Dec 24 2015, 02:02 PM
SUSPink Spider
post Dec 24 2015, 03:16 PM

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Just viewed Ponzi 2.0's November fact sheet. Still ZERO exposure to Bolehland. Shows how negative regional fund managers are on Bolehstocks doh.gif

This post has been edited by Pink Spider: Dec 24 2015, 03:16 PM
SUSPink Spider
post Dec 24 2015, 08:36 PM

Formerly known as Prince_Hamsap
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QUOTE(lukenn @ Dec 24 2015, 08:28 PM)
Actually fact sheets only shows top 5-10 positions. There may be some small positions. But yeah, I think their view is that locals won't do well for the next few quarters. New investments will probably end up held in cash till MYR stabilises.

Anyway, since got a lot of Ms. Lee fans here, can consider the new Kenanga ASEAN fund. She spoke to us during IOP, and she's confident on performing within a 3yr timeframe.
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Oi are u really a UT CON-sultan ke shakehead.gif

Top 5 or 10 positions are NAMED, but country exposure are disclosed up to the smallest 1% usually.
SUSPink Spider
post Dec 26 2015, 09:27 AM

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QUOTE(TakoC @ Dec 26 2015, 09:11 AM)
2016 is going to end like 2015 did.

Wiping out profits. Oh well. Again not a good way to end the year.
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Yeah, 2016 probably gonna be another muted year.

Play safe, top up minimally to keep your portfolio balanced or just park in CMF.
SUSPink Spider
post Dec 26 2015, 09:59 AM

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QUOTE(aoisky @ Dec 26 2015, 09:52 AM)
Why say so
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Read recent FSM analyses.

IMHO we still can invest, but just don't get too gung-ho and show hand or top up heavily.

This post has been edited by Pink Spider: Dec 26 2015, 10:00 AM
SUSPink Spider
post Dec 26 2015, 10:17 AM

Formerly known as Prince_Hamsap
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QUOTE(lukenn @ Dec 26 2015, 10:14 AM)
Yeah, Kenanga ASEAN Tactical Total Return Fund. Might be good for regional exposure, without direct to Greater China and India.

Got promotion onot, you have to ask the almighty FSM.
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Dear FSM competitor CON-sultan,

Got any wise words for us on how to start the new year? Investments-wise I mean tongue.gif


This post has been edited by Pink Spider: Dec 30 2015, 11:36 AM
SUSPink Spider
post Dec 26 2015, 10:45 AM

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QUOTE(lukenn @ Dec 26 2015, 10:41 AM)
Hold more cash! lol

Does the FSM platform allow you to build theoretical portfolios? And track past and live returns?
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Tak boleh, only got very basic charting tool to let u see past returns of funds vs funds.
SUSPink Spider
post Dec 26 2015, 04:50 PM

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QUOTE(lukenn @ Dec 26 2015, 04:16 PM)
That's actually quite cheap, but that 1.5% savings isn't going to save you, if you're buying at a bad tine.

Maybe can do the kiasu pinky method. On the promo day, buy 100% equities, as soon as transaction goes through, switch all into MMF, and collect points/credits/life/mana/health and hope it doesn't dip below the 1.5% during the transaction period. Also hope FSM doesn't discount the points/credits/life/mana/health that they give for switching out.
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Oi! Don't feed me eat dead cat! Ini kiasu method Penjaga Van, bukan aku!!! mad.gif vmad.gif
SUSPink Spider
post Dec 26 2015, 09:14 PM

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QUOTE(river.sand @ Dec 26 2015, 09:07 PM)
Right moment may come within 3 months. Or it may come after 2 years. You want to wait?

I will just do DCA...
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Pasir Sungai...always calm, always systematic thumbup.gif
SUSPink Spider
post Dec 27 2015, 01:01 PM

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QUOTE(cheahcw2003 @ Dec 27 2015, 11:41 AM)
I have read the RHB Islamic Bond Fund annual report and found the following facts, hope all sifus can gve your opinion.

4) Fund is in low liquidity, 98.65% of the funds holding bonds and only 1.35% cash (liquidity), wonder if t can meet any immediate redemption bearing in mind 2.5% of the investors own 86% of the funds. There are only 320 investors in this fund. 50% of the investors own less than 0.7% of the fund size, which is very extreme.
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Chances are they might liquidate some investments to meet redemption demands from unitholders?

Btw, your investment must be REAL big to worry about this... brows.gif

I'm not holding any Malaysian bond fund at the moment.
SUSPink Spider
post Dec 28 2015, 09:50 AM

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QUOTE(Vanguard 2015 @ Dec 28 2015, 12:21 AM)
I am now at Genting Highlands. I just came out from the casino but I didn't spend a single cent. The minimum bet for Pontoon or Blackjack is RM100. 20 years ago the minimum bet was RM25 or sometimes even RM10.

I did some mental calculation. The odds are better if I put RM10k into TA Global Technology Fund or AmPrecious Metals. In the worst case scenario, I may lose 20% of my investment in a few months. But in the best case scenario, I may earn 10% return in a few months. So better for me to buy unit trusts than to gamble at the casino. smile.gif
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I was also there last night...with a wub.gif

I also no enter casino innocent.gif
SUSPink Spider
post Dec 28 2015, 09:51 AM

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QUOTE(brotan @ Dec 28 2015, 09:43 AM)
regarding dividend, i am not familiar with the price that will be bought

is the dividend money that reinvested will also be charged a sales charge?

if yes, isn't that a disadvantage to us? is it better no dividend at all?
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reinvested distribution no SC lar doh.gif
SUSPink Spider
post Dec 28 2015, 10:04 AM

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QUOTE(brotan @ Dec 28 2015, 10:00 AM)
just an example to clarify yah
Let's say the UT current price is RM 1.0000 and normal sales charge is 2%

invested RM 1000, so total units i get is 980 units

Dividend declared 1 unit = RM 0.1000

So, i will get dividend of RM 98 which is reinvested

if the current UT price is still RM 1.0000 (i know that's not realistic but this number is only for easy calculation), do i get extra

1. 98 units or
2. 96 units

thanks
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980 x RM0.10 / RM1.0000
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