Not enough moo to top up now...

u got c wrong or not? 0.766 as of 12/7 le

I'm so happy, I'm sooooooo happy... at long last, a website that can compare apple to apple; orange to orange insurance product. No need to ask quotation from various agents to hunt for the best deal! Yay!
     
   
I  FSM Insurance!

Xuzen

I believe the insurance policies distributed on FSM and uforlife is of different class. Uforlife is strict term life with variable insurance charge and what you see for the future premium is only indicative; the ones distributed on FSM are non-participating life insurance policies which is closer to whole life

Happy to learn more from the experts though. adele123 would you like to tell us more? 

Sounds great! just a bit strange that uforlife is so much cheaper than the FSM options if they are similar products
And look forward to intermediary-less insurance products...

@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

Yeah not sure how many ppl will be willing to have RM100K stuck in a fund for the next 7 yrs with no guarantee of a good return.

The announcement is not formally out yet, but I noticed the list of EPF approved funds are already updated on EPF website

http://www.kwsp.gov.my/portal/en/web/kwsp/...vestment-scheme

Surprises?
Ponzi 2.0 is not on the list - http://www.kwsp.gov.my/portal/documents/10...sh_29072016.pdf
My personal fav RHB Asian Income also not on the list while the useless GEYF is on the list  - http://www.kwsp.gov.my/portal/documents/10...sh_29072016.pdf
Affin Hwang and Kenanga doesn't have additional funds on the list

But then if you only chose 1, very unlikely to choose CIMB small cap right? Kenanga Growth Fund and EI Small cap 10 year return is so much higher compared to CIMB small cap, in fact, all durations also better than CIMB small cap

No offense, just trying to say sometimes fundhouse diversification may not work... there was a term for it right? to describe over diversification

I obviously do not read enough financial literature to be able to quote famous people 
On your POV/argument, there are some merits, but in the basic economic theory, we learn that we have limited resources and therefore the idea is to deploy it to the area where we would gain the most (was it utility?)

So in this instance, you may get some advantages from having 2 small cap funds that may compliment each other a bit in terms of cushioning the fluctuation, but largely they would move in the same direction because they invest in the same market.

Based on what we've seen; the sharpe ratio is significantly more superior for EI small cap compared to CIMB small cap. So if you invest in these 2 funds equally instead of putting 100% in EI small cap, back test would show that you make a lot less. Of course no one can predict the future, but using historical data as a guide, the possibility of CIMB small cap performing at par or overperforming EI small cap is somewhat remote.

Then the question is, does the cost (lower returns) outweigh the benefit (fund house diversification)?
To me, the answer is no, not when both funds are in the same segment.

Diversification across different segment is a totally different topic though. Because the funds in each segment does not move in the same direction, in fact, some move in opposite direction. Then going back to the same cost benefit analysis, the cost is still lower returns, but the benefit is significantly lower portfolio volatility. The answer to me is, yes, it's worth the potentially lower returns, because the portfolio would be a lot more stable

Fuyoh! The youtube vid is awesome!   

Brings out my geekiness to the max!

nope did the transaction like monday morning
damn i am jealous! i donno if i am too late for the rat race man im 28 now and seriously thinking am i doing enough to capitalise on myself. I am doing everything by the book. 1/3 into house and car. 1/3 into savings/unit trusts and another remaining onto expenditures but it feels i am not doing enough.

the star actually. so far my calculations are okay. take home pay is around 7k after minus pcb and EPF.

can live comfortably but still not making alot of progress.

it is "easY' to just say it.
care to describe "smart diversify" here for all to share ?

Where are you guys getting your data streams to do correlation and standard deviation calculations?

This one got records for all funds offered in Malaysia?

Aren't those denominated in USD ?

Try working for 8 years in the business and you know the 11 year old kid has 50 years of having a steel rod doing inside her or worst having the worst scoliosis at 60 degrees and daddy doesn't wanna pay because he says government sector can do while you look at their family history of heading to holidays and holding a spanking Samsung edge 7 and you come back to me saying I do not understand them.

The RHB AM's ex-CIO is so powerful that after he left all the RHB MY eqt funds become worst performing funds? 

http://www.theedgemarkets.com/my/article/r...-mid-cap-stocks

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So anyone gung-ho to pick up some of the funds that fell >10% already?