Not fair right? In previous year GTF gives u 20+% in a year n u never complain

3 months is a very short time. If you look at 1 year return ponzi 1.0 did much better

This fund always lag behind ponzi 1.0. I switched for >1 year and never looked back. So far affin hwang I only like 2 funds - ponzi 1.0 and select bond.

Lol. U guys r funny. On the topic of diworsification, I admit I'm guilty of that. I have more than 4 funds for Asia Pac. But I do trim off those that r utterly hopeless like HSAO, pheim Islamic asia, rhb GEYF after holding them for 1 year or more. Was supposed to sell off amasia pac income, but the fund seem to have came back alive, so that fund is on watchlist for now

On hwang select bond. It's not comparable to HSAO la, it's a pure bond fund. There's another problem, FSM no longer distribute it zzz....

When you say 'all my savings' I assume you don't invest in anything else. Then what pink spider advice is a good place to start

It's not a small amount, at least to me, so I would take the time to study and put in gradually. FSM offers lots of articles for beginners. The recommended portfolio is not a bad place to start too. Definitely put in funds that invest in different sector instead of just 1 star fund

I would go for 1 local bond fund + 1 asia bond fund though....

This is a bit OT, more relevant on retirement planning thread really. But I thought it's important for someone to tell you that, so I'd do it anyway

I don't think it's realistic to expect the RM300k to last you a lifetime, especially when you do not have medical insurance

If I'm you, I'd go get a job (part time/freelance/full time) while I'm still able to work

If you agree with him you should consider buying from him. Since he say 5%-8% is realistic n doable

Yes, he's our so called resident UTC. The only one who didn't get kicked away for giving half past six responses in the thread

Hmm, good question. Why don't you try? Must be valid argument la. If you read the previous version you would probably understand better. He hasn't been very active lately, much to my dismay

Xuzen is very generous in sharing his views, but I'm not sure if he sells

Err, don't terasa sangat. I think he's referring to me 😅

Uncle Looi, I don't know what to say other than good luck.
I do not believe taking risks means you would be rewarded with high returns. But we obviously believe in different things

I think he's trying to say, mathematically it doesn't look possible. I'd rate it as both fund composition also extremely unlikely. You have very unrealistic expectation as to what unit trust funds can do

However, mathematically there's something that would work. Put in more capital in your portfolio. If you double the amount in your portfolio, then instead of ROI has to increase by 12% you would only need to increase your ROI by... I don't know how much, a lot less for sure.... say if your ROI is 4% for 4 months, that'll be 12% annualised IRR, and when you offset against the 4% IRR for existing portfolio, probably can achieve your magical 6%?

But to be honest, all these for the illusioned 6% IRR, is it worth it? Give your portfolio some time (most important ingredient), and segment diversification instead of fundhouse diversification... it will get there at some point. Why the rush and take irrational actions?

Let me summarise what we've been talking

Your strategy - Take monstrous amount of risk in hopes to boost IRR in a short time; put all eggs in one basket (Msia small cap)

My proposal - Instead of increasing the risk variable, decrease it by putting in less risky assets; tweak the base, add more capital and give it more time

Why such proposal? I think balanced allocation, time and continuous investments play a more important role in contributing good returns.

I think in the beginning of this version, we spoke about getting professional help. Would you seriously consider that now?

Actually even during not so bad times also
Let's see my funds with returns >10% (all funds invested for >1 year)
1. Ponzi 1.0 - 10.99%
2. KGF - 11.1%
3. RHB ATR - 16.57%
4. RHB Asian Income - 10.08%

Pretty balanced wor, 2 EQ fund and 2 balanced/bond fund. In fact the highest is the bond fund

But of course my risk appetite is not like the others in this thread, so I won't have anything near 70% IRR

70% IRR itu KimYee one la...

To be fair, I never design my portfolio to pick up anything that can make so much, and therefore no chance for me.
The weirdest part? I'm totally ok with it

I guess the comment is quite confusing for the non-regulars. Let me try to explain a bit more
The returns for my funds are calculated using XIRR formula. My portfolio IRR is quite average in the group, around 7%

The 70% I believe, is also IRR, achieved not by myself but someone else. It's believable because he also told us what fund he bought


There's a great excel spreadsheet in post 1 that most of us use to help calculate IRR automatically, hence why we are usually on the same page

Yeah, forex would have more direct effect on the foreign bond funds than equity funds

IRR too high also want to complain ka...
I sold off 1/3 of my holdings earlier on, find it too volatile for a bond fund

not sure if you are referring to buying from the bank in person or buying from cimbclicks. Cimb clicks sales charge is comparable to FSM I believe.

However, FSM has a much better platform I feel, where you can read up on articles, have more funds for you to choose from. And a responsive online help as well

Would also recommend that instead of buying one single fund, if the amount is quite big, you should consider setting up a portfolio of funds and/or buy in batches to reduce the risk of buying at a high price

Kinda surprised you suggested using agent. But yes, WHEN SELECTED CORRECTLY, agent or planner can really make a difference. But I've not met many good ones, bankers even worse

That day the UOB RM tried selling me a new wholesale fund. I checked the mother fund on FSM SG, told her the returns and strategy doesn't look good enough, she told me 'oh, you must have checked the wrong fund', turn out the fact sheet she refers to is quite outdated. And she's asking her clients to buy in blocks of RM100,000

Don't have information on IRR is quite hard to make good decisions.

So the comment below is strictly on personal preference of the funds
I would dump the following funds (and probably never to buy them again)
- Affin Hwang Asia Opportunity fund - switch to ponzi 1.0
- EI global emerging markets - highly correlated to asia pac equity funds and forever lagging
- Pacific Global Stars - dumped this long time ago, performance even worse than GEYF

If you are a 100% equity funds person, may as well just sell RHB asian total returns, it's kind of moving side ways these days

The IRR information is a lot more meaningful and I agree with ur conclusion to dump that 2 funds with low IRR while you can
I noticed you have the same funds that u put in both inactive and current holding. What I would do is as long as I still hold those funds, I'd put them all in active so that I can calculate the effective IRR for that fund. Kinda help to monitor if overtime u end up buying high n selling low also

In terms of diworsification that we spoke lately, you do have a lot of funds for a single segment. Consider to consolidate them, that for each segment you only put in 1 or 2 strongest performance funds. I'm guilty of that too actually

I would use chart center function and put all those funds in the same segment n compare their performance for mid-long term to decide which one to go for. IRR very much depends on your entry price but there may be better performance funds in the same segment

Edit: On laptop can show you the chart centre graph


Since you held most of the funds for quite a while, I used 5 years annualised for a comparison. Remember I say I don't like EI global emerging market fund? Look at the annualised return, only 6% compared to the rest mostly double digit returns.
As to HSAO, it's a lot less than ponzi1.0. I was cursing AmAsiaPac Eqt income earlier, but recently it's regaining lost grounds, so I'm playing 'wait and see' for now

You should do the same for your global and local funds to help you decide what to keep n what to dump

This post has been edited by dasecret: Aug 12 2016, 10:37 AM

Sounds to me like you need professional help
If you read the last few pages, the pros and cons of DIY vs using agent/planner is discussed