Nope

WOW....11% IRR....
that is fantastic.....
 

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

Xuzen

Aoisky, aren't you a CFA student? Why ask? Lecturer give talk you play Pokémon Go ah? Never pay attention meh? OK, the below is meant for the lay-people.

There are a few accepted risk - adjusted return measurement.

The simplest, that is, kindergarten level is simply take the ROI divided by the Standard-Deviation (over a the same period). This is the one easiest to understand and use.

Next, we come to the well known Sharpe Ratio, which is the above (ROI tolak Risk Free Rate) divided by the Sta-Dev. Just because it was some Mat-Salleh who made it famous, Nobel Prize gave him an award.

Then lagi some ang-moh, some fella named Treynor, went and tweaked the formula, instead of just follow rule and use Sta-Dev, he went and pandai pandai use Semi-Deviation pulak. What the h3ll is Downside Risk Only Standard Deviation you will ask. If you do not know what I am talking about, go google semi-deviation.

Now we come to some STPM level stuff....

Next, we have the Jenssen - Alpha Risk Adjusted Performance , also known as JA-RAP (pronounced Jay-Rap). This one will tell you whether it is worth paying that Fund Manager the sales charge or not to manage your money. Most fund manager very afraid of showing this to the unit trust investor one.

... and finally, go to the University level stuff, which is also my favourite; Introducing [drum roll...] Franco & Leah Modigiliani Risk Adjusted Performance also knowns as M2M or M2 ratio. This allows you to bring risky asset of different classes and compare them apple to apple. It is a extension of Sharpe ratio theory and addresses some of the short coming of Sharpe Ratio. Incidentally, these pair of father & daughter team used to work for Morgan Stanley. Why is this significant? Well to me it means that these two person are real full time practitioner and not some academian tuck away in some ivory tower.

Xuzen

Still, CMF is more convenient.

Say, this month after deducting my budgeted expenses, I foresee to have RM300 of excess cash, I can dump into CMF today.
Next month...RM250.
Next next month...I forecast shortfall of RM400...I sell RM400.

I cannot replicate this with eGIA-i unless I'm HNWI with excess of >1K so that I can place and uplift suka hati

so your portfolio must be hit hard.
btw the remaining 10% invest in whr la ?

Thanks. What I am looking for. No need explaining. Can test that out in the future. Will keep that in mind.
1% of rm10k = RM100
1% of rm100k = RM1k already liao.

Why waste good money? Never turn down cutting cost wherever possible (somwthing I pick up from crystalball master) Will belanja you free lunch if I really can get 0% SC in the future.

Must be you boast your doctor status too much liao.........

Tell the truth is easier.
Tell a lie u need another 10lies to cover that up.

Guys, want to ask is there any funds which invest in private hospitals, pharmacy (practically in Malaysia and/or outside malaysia)?

I first knew FSM 2 years ago when first started my career. Long time since then and I've learned tremendously from you guys.. 

Just dropping by to say thanks to you all sifus.

pretty much still learning new things everyday as I touch my FSM account sometimes only aside from monthly top-ups to regular funds.

Today added Am REIT into my portfolio now and also added Libra Asnita..

I had a large % of CMF2 previously and now decided to trim it down and move a bit to Asnita after done some readings..

Calling ohcipala

btw, wondering max post for a single thread is ?

to be honest ever since I step into UT I find it that it is easier to buy and switch but never once have I enjoyed the cream from my hardwork so to speak.

anyways to answer your question I was thinking like along the lines of fix deposit? leave the capital. use the interest gained to invest somewhere else. how it impacts my capital I am not sure. so advise on how most of you do this?

as of now I'm treating UT like a forced saving. putting money in funds that I trust via DCA

apparently most Google research for UTs teaches more on how to invest rather than how to sell.

ps I already did a total over haul on my portfolio back four months ago

Sure, get the other female forumers to do it. TS is really not my thing lor. Did you see how dead FSM SG thread is?
Hmm? What does that means? SC promo to move market? That one u need to get public mutual to do la. FSM AUA after so many years baru rm1b. Some more scattered in so many fund house. Sure no effect

One PM agent on Cari forum indicated that PM management discussed about FSM n concluded that online platform is not a threat to them because investors still prefer door to door sales service. We will see...

If anything, the complacency will bring the company down