same SC ?

Gud opportunity to top up

Bolehland lovers, good news. Nomura upgrades Malaysia to "overweight"

Brexit makes Malaysia attractive and is upgraded to 'overweight' Nomura

KUALA LUMPUR: The Malaysian market looks to be trading at its bottom, and the United Kingdom’s referendum to leave the European Union or Brexit, has made Malaysia even more attractive, with Nomura upgrading it to an “overweight” as of Monday, said Nomura vice-president of equity strategy, Asean and Asia ex-Japan global markets, Mixo Das.

“The Brexit event has changed three of our macro outlooks,” he said at a briefing on Nomura’s equities outlook for the second half of the year.

“Firstly, the prospects of developed market growth is now reduced. Secondly, we anticipate central banks across Asia to embark on more policy easing as opposed to policy tightening. Thirdly, Brexit raises a lot more uncertainty,” said Mixo.

He added that the combination of points 1 and 2 makes Malaysia more attractive, as it is less dependent on growth from developed markets unlike South Korea and Taiwan.

URL: http://www.thestar.com.my/business/busines...ore-attractive/

Topping up this week:

I) TA Global Tech for USD play

II) India for diversification

III) RHB Asian Income for core stability.

all RM 1,500.00 each.

one dumb question here, is it recommended to top up more than usual when the sales charge is brought down to 1 % now due to promo? or just top up the amount as usual as the 2%-1% deal wont be too significant. i am asking because i cant really tell whether or not NAV price now is good to invest in big chunk.

I don't see anything interesting to buy. For now, I will only buy back AmReit and Affin Hwang Quantum Funds. These are funds which I had previously but I sold it off. Well looks like I am running in circles.

I thought of buying TA Global Technology. But what is the point? The correlation with CIMB Global Titans Fund is 0.92.

Topping up Eastspring High Yield Bond Fund.

To continue holding more bond and cash. We don't know how the market will behave for the remaining year.

i get that top up more when scenario 3 is no-brainer. but can clarify with me, ur NAV price drop/increase is in comparison to??

TRANSFER IN

Recently got to know 2 tricks with transfer in

1. Vanguard 2015's credit ninja trick would apply even for transferred in funds

2. On a case by case basis, we can go request for sales charge waiver if we liquidate the funds not carried by FSM and purchase funds from FSM - courtesy of cari chinese forum 

So, anyone doing any transfer in?

I'm going to say this again - public mutual funds returns SUCKS

Wow wow, thanks for the explanation! One thing that puzzled me is the geographical diversification. Is investing in a malaysia-focused fund and asia fund consider geographical diversification?

And actually i am thinking of putting more focus on Malaysia onlybecause involving different currency will make things complicated, hence for a non-financial background, I prefer to take things slow and master Malaysia fund first before going global. Is this a good choice?

All this talk about alternative investment. I received a PM recently from one Low Yat forumer (not a regular in FSM forum). This sounds like a better "investment" compared to unit trusts. What say you?

No sarcasm intended.

Don't need small town, even suburban KL, where u still have old school kopitiam and roadside mamaks, I can survive quite comfortably on RM2,000 a month (if single with no children),.

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

all the measurement mentioned before are high level tools use by professional fund manager / risk manager / portfolio managers. They are not tools for the lay-people to use. Hence, I have not come across website offering free of charge DIY style calculators for lay-people.

Xuzen

For people like you stick with ASX.... Sharpe ratio = infinity.

Xuzen

Office system does all the heavy lifting la. If it has to be done manually, I won't have time to layan LYN and chase Pokemon already. Anyway, I don't really rely on ratios when it comes to funds. Not useful when managers make changes to the portfolio, actively rebalance holdings or keluar mandate. It becomes qualitative instead of quantitative.



Investors tend to want to be spoon fed, or be given strict guidelines on how to make money. So when they are told simply that a high sharpe ratio is good, they will just sort funds by sharp ratio, and pick a few funds with the high returns ... fits the "curve".

Hypothetical situation :
4Q2014 :
- 1Y, 3Y Sharp ratios for CIMB APDI, Eastspring MY Focus, Kenanga Syariah Growth all above 1.3, APDI >2.0
- 1Y, 3Y (and some 5Y) performance was double digit.
- "High sharpe" and "high returns" ..... go balls deep lor.

1Q2016 :
- Invested for one year all the "winners" are now "losers".
- Portfolio is down 10-20%.
- Too painful, cut loss. The end.

10-20% may not sound like a lot, but when it can buy a house, it can be painful, even to HNIs. Which is why WMDs, weapon of mass destruction.

:thumbsup:  :thumbsup:  RamJaK tak nak invest in UT ke ? other than ASX

For people like you stick with ASX.... Sharpe ratio = infinity.

Xuzen

If you assume that ASx funds are risk free like FDs, the sharpe ratio being infinity is actually mathematically correct...

so I don't think it's intended as a sarcastic remark

Some lesson learnt from the burnt:

I) Use three years data instead of one year.

II) Even if the Sharpe ratio looks good, take a look at the Stan-dev. If it is very high, then take a hike. For me, I try to stay away from Stn-Dev that exceeds 10, unless it is my supplementary portfolio.

Xuzen

Look at the photograph below:

Keep ur money at saving account is the right move now.

me too,..i had been keeping 3 months of monthly expenses in S/A.

Stop spewing cow dung here.

Those who's REALLY in FSM instead of those who came here merely for post counts know damn well that CMF > savings account.

Yeah, it has been consistently yielding above even 12-M FD (board rates).

Let's face it, how many of us are free enough to keep hunting for promotional, usually one-off FD rates?

CASA rate is less than 1% p.a.! Govt given inflation is around 2.5 to 3.0% lar! Your advise darn lousy leh!

Xuzen

Sos pls