well said! well said friend.

I don't use benchmark, I set for me a target rtn of 10% exclude fees. Previous years = no problem. This year will be a bit challenging. Portfolio YTD is around +2.XX%, recovered from the red since Jan-2016.

Xuzen

This post has been edited by xuzen: Jul 27 2016, 03:45 PM

@Dasecret,

Local UT company need not reinvent the wheel by creating a fund just to invest in foreign assets. Just create a feeder fund and buy into well established mat-salleh funds lar. Simple, no need to crack head. Example for US equity, why not just create a UTF that buys into Spyder500 that in indexed to S&P which is well know for its ultra low MER of 0.10% p.a.. Let's say this local UT earn another 0.5% for doing absolutely nothing. Even with 0.1 + 0.5 = 0.6% MER, we M'sian investor still gain because industry standard here is charging a whopping 1.5% for all UTF!

In reverse, manage mat-salleh's money when they come into Malaysia.

Goijng forward, with MSCI reducing M'sia percentage in its index, less foreign fund will be coming in. We have to look outside our cocoon to cari-makan liao.

Xuzen

This post has been edited by xuzen: Jul 27 2016, 03:53 PM

Go go India!

Go go US!

Go go Asia Pac!

Time to tambah nilai.

Xuzen

ramjade stick to your ASX.... These skim cepat Kaya not suitable for little boys.

Xuzen

India fund naik 7% in one month The volatility is scary!

Xuzen

Yeah, I will be skimming the profit slowly.

Xuzen

DeWORSIfication.

Xuzen

I am skimming my profit liao.... from my supplementary port, not the core.

Taking profit from Manulife India and TA Tech. Putting them into RHB Asian Income (a moderate risk UTF).

To answer a question a while back why KWSP is so heavy in Asia, most likely answer is because PER in Asia stock market is below historical average and in the region of single digit PER, in another word, the stock-market in Asia region is cheap after the Jan-16 sell down.

Xuzen

This post has been edited by xuzen: Aug 3 2016, 11:09 AM

See image below:

But why choose other when you have ESISC?

This post has been edited by xuzen: Aug 3 2016, 11:15 AM


Attached thumbnail(s)

Coz crystal ball™ man, pandai buat advertisement. Itu Beruang Kutub Utara hanya pandai buta excel worksheet, tak pandai buat marketing lah!

Xuzen

Ha ha ha balls-licker! (pun intended)

This post has been edited by xuzen: Aug 3 2016, 06:46 PM

you tak perasan meh, itu pak nujum aka orang bola kristal chase after auntie type UTF. Dia suka yang boring-boring punya (low volatility). Makwe-makwe yang panas-panas dia tak sentuh pun!

Xuzen

This post has been edited by xuzen: Aug 3 2016, 06:55 PM

RM 100K minimum investment woh! Lock in for 7 years woh....

Means for seven years can only see, cannot touch at all....

Macam those HLA saving plans only! At least those HLA saving plans give you life coverage and are creditor proof.

Xuzen

Beware of tailgating me too closely. Mine is wrap account, that is, all my switchings are free of charge (unlimited times). If you are not on wrap account and each time you move your fund around you incur charge, then my actively managed portfolio is not suitable for you.

Xuzen

Fuyoh! The youtube vid is awesome!

Brings out my geekiness to the max!

This post has been edited by xuzen: Aug 4 2016, 11:57 AM

You need to compare apples to apples; oranges to oranges.

In a similar exposed fund, i.e,, global, GTF is still the undisputed king in terms of risk-adjusted return for 3 years average period. You cannot use 1 year period, it is just too short time frame to make a judgement call.

CMF2 consistently will give you 3.XX% p.a., and that is it. There will be no upside potential nor downside risk. It will be a very boring and cannot beat inflation UTF.

GTF is not underperforming, it is just inline with its peer.

Xuzen

This post has been edited by xuzen: Aug 6 2016, 02:50 PM

Most awesome move of the year: Sell 100% GTF on 20 Jun 2016 to move to US. Brexit vote on 23rd June 2016. Brexit won! Euro tumbled. US up.

Xuzen

Such a simple straight-forward question, but so difficult to answer as seen from the many responses below.

My simple answer is IT IS UNWISE! Not because KGF is no good, it is unwise because you may lack the financial literacy for it. Don't rush, read more, hang around this forum for a little while more. Understand Unit Trust and investment in general before rushing in.

Xuzen

Let me summarise your situation:
1) The RM 300K is you total savings. It is your retirement fund.
2) You are 48y/o, 12 years more to retirement.
3) You have no other investable asset.

I will take a general template (the PRS) as a guideline. At 48 y/o PRS template will put you under moderate account, that is, a balanced fund. A balance fund will be either 40% stock market; 60% bond or 40% bond or 60% stock market.

Let's take that you are a risk taker as what you have stated. Then let's put you as 60% stock market; 40% bond.

let's put 40% of RM 300K into Libra Asnita Bond = RM 120K and Libra Asnita Bond is giving a 5% ROI, this will give an annual income of RM 6,000.00 or RM 500.00/mth

The remaining 60% (RM 180K) let's say you put in into RHB Asian Income fund ( a moderate Unit Trust Fund), and earn a ROI of 5% p.a. = RM 9K p.a. or RM 750/mth worse case scenario or ROI of 18% p.a. = RM 32.4K p.a or RM 2,700/mth in best case scenario. In a neutral scenario, it is ROI 11.5% = RM 180K x 11.5% = RM 20,700 or RM1,725/mth .

Let me recap, if you put 60% in RHB Asian Income and 40% in Libra Asnita Bond, you MAY get an income that look something below:

I) Optimistic outcome: RM 500 + 2700 = RM 3,200.00/mth

II) Neutral Outcome: RM 500 + 1725 = RM 2,225/mth

III) Pessimistic outcome: RM 500 + 750 = RM 1,250/mth.

The fund will fluctuate between these figures, but most of the time will be in between them and most likely at the neutral outcome.

How does this look to you?

========

If you put 40% into RHB Asian Income and 60% into Libra Asnita Bond:

IV) Optimistic outcome: RM 750 + 1800 = RM 2,550.00/mth

II) Neutral Outcome: RM 750 + 1150 = RM 1,950/mth

III) Pessimistic outcome: RM 750 + 500 = RM 1,250/mth.

How does this look to you?

Xuzen

p/s The above are information that is current to now. Over time, the information may change and you need to monitor your fund to be certain they perform.

Old man wanna jack up his IRR.

Are you feeling lucky punk? [sig Dirty Harry, Clint Eastwood]

Xuzen

This post has been edited by xuzen: Aug 9 2016, 12:17 PM