Not many party, just big fund.

You can see today late evening most movement are composite index counter. Those counter that has run up alot by this year was bought back and those beaten down one got sell out again.

To me it looks like a last minute reorganization only. To show they manage to catch some good up trend stock of the year and din't get trap in stock hit by covid.

the way it is going... 5-10K cases a day.... FULL MCO for all.

the price we pay for decades of !@#$%.

bursa... 999 pts.

with the dividend they are going to get, it's no brainer pick for pension funds.

IB are projecting Harta profit gonna overtake TG in 2022. So lately EPF also going into Harta.

crazy crazy dividend.

He may has pleaded his share. A reason why 6.0 was defended vigorously.

happy new year 2021 huat ahhh may the market be bullish

Hi seniors, may i ask are there any ETF in bursa malaysia like S&P 500?

I research a bit that Bursa BHD dividend yield equal Top 30 companies in malaysia.

Link : https://aseanup.com/top-30-companies-from-malaysia-klci/

Thanks and wish you all a Happy New Year.

0820 EA

Many thanks for the info. Wish you have a nice day.

here you go for further discussion, which one will you invest in?

KLSE Funds	Stock
Bond Fund	ABFMY1
Closed End Fund	ICAP
Commodity Fund	GOLDETF
Equity Fund	CHINAETF-USD
Equity Fund	CHINAETF-MYR
Equity Fund	PAM-C50
Equity Fund	MY-MOMETF
Equity Fund	METFAPA
Equity Fund	METFSID
Equity Fund	FBMKLCI-EA
Equity Fund	METFUS50
Equity Fund	MYETFID
Equity Fund	MYETFDJ
Equity Fund	AXJ-REITSETF
Equity Fund	PAM-A40M
Leveraged And Inverse Fund	FANG-2XL
Leveraged And Inverse Fund	KLCI1XI
Leveraged And Inverse Fund	KLCI2XL
Leveraged And Inverse Fund	HSCEI-1XI
Leveraged And Inverse Fund	HSCEI-2XL
Leveraged And Inverse Fund	FANG-1XI

0820EA is a crappy ETF.. Avoid.


Out of this, I can only recommend the Affin Hwang etfs.

The Leverage/Inverse ETF are interesting but not everyone can play.

The bond ETF by AmInvest is also not bad. But at current interest rate level, I don't see much upside, unless the economy gets worse.

Happy new year everyone! Lots to look forward to, and probably a lot of lessons to look back on last year.

I am curious if anyone is willing to share, what was your biggest miss of last year? What caused you to miss it?

Thanks for sharing, i need to do research first. Wish you have a nice day.

Thanks for the advice, Wish you have a nice day.

other than eToro, any other good platform can trade US stock? found out that not all stock can find on eToro.

what are your evaluation criteria to decide whether crappy, interesting or not bad? mind sharing?

Cant buy fang-2xl, will get 'order rejected' immediately. I am using Rakuten Trade. Need to use different broker?

Also how to buy chinaetf-usd? The only one I can trade is chinaetf-myr

2 main things are liquidity n expense ratio.

For ETF, usually trading volume is low, so we have to depend on ETF market makers to put in buy sell quotes for liquidity. (btw a structured warrant is similar). Unlike structured warrant where IB is the Issuer, the ETF issuer itself is a fund manager, they are not brokers and not allowed to put in the buy sell quotes. So they will appoint 1-2 brokers/IBs to provide liquidity.

You can check next week: during trading hours, please compare 820EA with one of the Affin ETF, say the Gold ETF (0828EA). Look at the buy and sell quotes, how much volume are on buy sell side and how narrow is the spread. The Goldetf is much superior, you can execute a few hundred K order in one shot. Don't think you can do that in 820EA.

The second is expense ratio. The 0820EA expense ratio is high for such a simple ETF. Some ETF, the more exotic ones, are understable to have high expense ratios. For eg. a goldetf is higher because it has to include the costs of storing and insuring gold in a vault. But 0820EA is a simple ETF.

(tbh haven't looked at 0820EA for a while, but I believe things haven't changed. If it has improved for the better, I will amend my post.)

The reason for this weaknesses is simple. The fund manager simply doesn't care enough about this product. For eg. If they care enough, they will give the right incentives for the market maker to do a good job and provide high liquidity.

In fact, you can easily tell which fund managers care, just by looking at the effort they put on their ETF website.

Aminvest ETF website
https://www.ambankgroup.com/sites/fbmklciet...es/default.aspx

Affin etf website
https://tradeplus.com.my/

0820EA is not good, but another Aminvest ETF is not too bad. That's 0800EA, the only bond ETF in Bursa. I made pretty decent returns from the bond ETF in 2018-19 when interest rates started falling.

Disclosure: I currently holds Bursa Affinhwang etfs in my portfolio. I have already exited from the Abfmy.

This post has been edited by Cubalagi: Jan 1 2021, 04:46 PM

Rakuten doesn't allow you to buy the 2x etf.

The reason is the regulation. The regulation only allow the ETF to be traded by HNW clients or client who has passed a course (available on bursa marketplace website) to trade.

Rakuten doesn't want to bother with the extra operational process of checking whether you are HNW or pass the course. So they just dont allow.

But this regulation shows how silly the regulators are. I think the 2x etf is less dangerous than the goreng stocks out there on bursa now.

As for USD, Rakuten also doesn't allow trading in USD. P/S Just buy the MYR etf. It's the same thing anyway.

This post has been edited by Cubalagi: Jan 1 2021, 04:47 PM

Although I don't quite understand on this subject yet, but reading your post has been educational cuz I can follow through, hehe

ETF in Malaysia has very very low volume and hard to trade. Better to use robo advisors like Wahed if you want access to Malaysia ETF.

Performance for FTSE Bursa Malaysia KLCI for the past 20 years:



Cubalagi has highlighted really good points.

Depending on how much you buy, don't forget to take into account the brokerage fee on top of the total fee for the ETF which is around 0.6%.


For context the robo advisors in Malaysia range from 0.70% to 1.00% and you get geographical diversification from them.