So it proves that being ethical makes u no money. Learn from Jibby and Jho!

Timing.

Mine has always been above water but delivering just-acceptable IRR of 4-6%.

Sell if off, and move the money where?
Long time no see u at stocks section, giving up on stocks and focusing back on UTs?

Aussie cuts rates again. RHB Asian Total Return should see some gains

Nope, my holding in ATR has always been quite small.

Spillover effect lar

Remind us again unker, how your portfolio looks like?

Why no US, Europe and Japan exposure

Ended up GG lo padan muka

What disrespect...original creator of the original FSM portfolio returns calculator u tak tanya, ask that Crystal Ball™ man

IRR = Internal Rate of Return

which in a more layman term, means "annualised rate of return". Say, if u invested for only a month and u managed to get a 10% increase of value, "IF" u managed to get that rate of return CONSISTENTLY over 12 months, your annualised rate of return and thus IRR = 119.99%.

Similarly, let's say u invested RMx now, year 1 your fund is up 10%, year 2 up 5%, year 3 up 2%, your IRR = 5.62%.

Look at the bottom of post no. 1, there is an explanation of what is IRR@Annualised Rate of Return

This post has been edited by Pink Spider: Aug 3 2016, 01:30 PM

What? A Balanced fund being recommended this month?

https://www.fundsupermart.com.my/main/resea...gust-2016--7343

Just kidding

FSM calculation of profit is simply ROI (Return On Investment) I believe, i.e. Time Value of Money is not taken into account. E.g. Mr A invested RM100 1 year ago and gets RM110 now, will have 10% return; similarly, Mr B invested RM100 10 years ago and gets RM110 now, will ALSO have 10% return. Get it?

IRR calculation takes into account of Time Value of Money i.e. the idea that RM1 invested 1 year ago have 1 year to "work for you", RM1 invested 10 years ago have 10 years to "work for you" hence is "expected" to deliver more.

When u do your own "balanced" portfolio, u save sales charge on the bond portion. This is not taken into account.

One can never be right all the time

And to be fair to my "idea", u have to do the backtesting using funds from the same fund house, preferably managed by the same fund manager(s).

And the whole idea of this is that sometimes fund manager can do things that harm long-term return, e.g. by being overly conservative during market crash i.e. raise too much cash when that is the time u should go bullish. By maintaining your own "balanced" fund, u can reduce the impact of this.

Global Titans not really a global fund, it's only invested in US, (Developed) Europe and Japan.

Suggest to add in another Asia ex Japan fund.

While I just thinking to top up, but pulled back after realising that I've been deploying a lot of cash into my stocks investments for the past 2 months

It's still one of the better funds to have exposure to Developed Markets...no?

Aberdeen Islamic World still sucks LOL

So to me Global Titans is still the better one

In the long run...who champion?

Local fund manager manages the weighting between the Shroder and Principal foreign UTs if I'm not mistaken.

https://www.fundsupermart.com.my/main/admin...etMYCIMB010.pdf

+100

Unless u have the vision and judgement call to make switches between peer funds every now and then, it's best to stick to the best on 3-year basis. Many funds do become short-period champion every now and then and then sink afterwards i.e. back to their usual self.

Spread it over 6-12 months, don't put in one shot.

And don't put all in 1 fund, just my opinion.

At least

Kenanga Growth
1 Global Equity
1 Asia ex Japan Equity
1 Asian bond