I'll move the proceed to top up my 50% of remaining 2016 quota of my PRS fund: CIMB PRS Plus Asia Pacific Ex Japan Fund

With that, still got 59.1% in Asia ex Japan (not include China and India) excluding PRS funds.

wow...that is Heavy on asia pac....

Yes. I'm going heavy on Asia Pac ex Japan.

Sounds like the best region to bet on.

It's my strategy as well.

am planning to dispose it once it reach my targeted IRR, any replacement fund for this ponzi 2.0 in suggestion ?

Asia Pac ex Japan ?

any particular point of view ?

This post has been edited by aoisky: Jun 5 2016, 05:48 PM

They're plenty of similar fund but I think Ponzi 2.0 is the slower stabler crawler.

I have been in Asia ex Japan for the past 2 to 3 years. No particular view on this.

maybe this?....
Rather than chasing the market higher, we believe investors' attention should be focused on markets such as the Asia ex Japan regional market, China and Hong Kong which we continue to find more attractive and which sport much higher expected returns for investors. The three markets have a 5.0 Star "Very Attractive" rating.
http://www.fundsupermart.com.hk/hk/main/re...s-Brewing-11830

Which Asia ex Japan fund you favour then?

The best is still CIMB.

I got from Kenanga, Eastspring and Affin Hwang in my portfolio. The most disappointing should be AFFIN HWANG SELECT ASIA (EX JAPAN) OPPORTUNITY FUND.

This post has been edited by David83: Jun 6 2016, 07:17 AM

Mind to share what kind of timeline are you looking at? Cos when I took 1 year return it looks quite different



Anyway, i used to have opportunity fund and have switched to quantum for maybe 1 year +... also bought the Msia centric select opportunity fund and again switched to quantum. In the last 6 months quantum been defying Asia pac bear market gravity and been delivering positive returns. So kinda glad I've switched the other Hwang funds over

Anyone experiencing FPX transaction errors this morning?

Encountered the same message on IE, Firefox and Chrome.

EDIT: It's working fine now after an hour.

This post has been edited by Okina: Jun 6 2016, 11:21 AM

Guys can i get some of ur experienced opinion:

Me and my wife invest long term to kenanga growth fund investment using our epf, im around 6k and my wife around 14k...

top up every 3 month...recently they distribute dividend/income...yeah i understand u guys said not much difference if undistribute the nav stays high...

But i look this at different point of view, its like they help us DCA the distribution by buying back the fund at cheaper NAV price....and over the long term would this benefit in our favour or to u guys it doesnt make any difference at all?

what if the fund ROI keeps lacking behind its peers of similar objectives/mandate?
distribution or not, is of no issue....bcos it does not affect the value one has.
the fund may just keep on adding UNITS...but if the NAV growth keeps falling behind the peers......then???.
performance and risk ratios track records when compared with its peers of similar objective/mandate is more important
...that is my 2 sen

This post has been edited by T231H: Jun 7 2016, 12:59 AM

Good choice bro...

Last q is no different at all..

I believe it's a matter of time.

I bought AFFIN HWANG SELECT ASIA (EX JAPAN) OPPORTUNITY FUND and still under water now @ -2.4% ROI and -2.1% IRR.

On the other hand, Affin Hwang Select Asia (Ex Japan) Quantum Fund delivers me 19.5% ROI to date and 9.7% IRR. I bought this fund 2 years ago.

Let’s say the shop sells this 1 particular pizza, 6 inch. They usually cut it into 4 pieces and you buy 2 pieces @ RM0.80 per piece. Then on a separate day, they still sell this same 1 pizza, 6 inch. But they cut it into 8 pieces and you have to buy 4 pieces @ RM0.40 per piece so that you have the same amount of food.

What the fund house is doing is, they are cutting it into 8 pieces, giving you 4 instead of cutting it 4 pieces and giving you 2. Any difference? No. At the end of the day, to get the same amount of food, you paid RM1.60 for the pizza. Does it matter whether it is RM1.60 for 2 pieces or RM1.60 for 4 smaller pieces. No? Why? Because you get the same amount food.

Now put it in a numerical example.

2015, You bought this fund at RM0.85 for 3000 units = RM 2,550
2016, the current price of this fund is RM0.95 and you still have 3000 units = RM2,850

Now the next day, this fund has a distribution of RM0.05, so you will get RM150. So this RM150 will be used to buy the fund at RM0.90 (assuming no change of the asset value), hence you get 166.67 units.

So after distribution, you have 3166.67 units at RM0.90 = surprise, surprise RM2,850.

Conclusion:
1) yes, you have more units at the end of the day but it’s not units we are looking at, it is the investment fund value that we are interested in, ie I want it to grow beyond the RM2,850. Similarly, we want a bigger pizza, not the same pizza being cut into more pieces.
2) yes, they use back your money buy units at a lower price, please go back to the pizza example. Hence no difference.
3) in the long term, there’s no difference as long as your fund is growing and growing.

I repeat using different numbers, what is the difference of holding 1000 units of RM0.80 and 1600 units of RM0.50 when the money value is what you get eventually?

wow...simple yet powerful and easy to understand...

Checking in after a long vacation of not looking into my portfolio. I am in a green! Kinda happy but will this be a bear run or is this going to be a good year ahead

Well said, well said! Much learning you have Padawan!