Someone here is from FSM..  Hmm....

ALL! Sacked the fund manager liao.

All at a click of a button, I can sack my fund manager. Amazing isn't it?

Xuzen

I wish to recollect what I heard from a CIO of a particular UTMC during a seminar earlier of the year (Qtr1-Yr2016):

Thus as I have heard, that particular CIO said of the geographical region he pays heed to, he thinks the market of East Asia in particular China and Japan are cheap in the sense the PE ratio is in single digit. As for Japan, he said that the stimulus will come from the negative rate which will force more savings into risky assets (equities).

As for US mkt, this I heard from BFM radio that there is a high chance the Fed rate will increase. This means that Yellen is positive of the economic numbers presented of the US market. And this will augur well for the US stock market. Further to this, USD will strengthen and there will be an additional forex gain for us holding US exposure (my own opinion).

As for Europe, the general rule of thumb is, if US do well, Europe will do well. They are highly positively correlated historically (this one is the CIO's opinion).

Right or wrong, the above are all opinions. You make the decision ultimately. As for me, I will continue to expose to all of them in a 40% (US + Developed mkt exposure); 30% (Asia Pac ex Japan) and 30% (Malaysia).

Xuzen

The above is not from Algozen™, it is what I heard from that particular UTMC's CIO.

Algozen™ asset allocation as of Apr 2016 is 25% US (Manulife US), 25% Asia Pac ex-Jp (RHB Asian Income), 30% Malaysia (ESISC) and 20% Develop Mkt (GTF).

BTW you'd notice I have fired the Ponzi 2.0 UTF-FM. That fund now suxs!

Xuzen

p/s But I think the both of them differ not much because we probably use similar type of data and valuate it in a similar fashion (probably from the same academic training).

Below is my Main portfolio May performance based on 31/5/16 NAV

			Mar	Apr	May
Overall		IRR	5.36%	6.81%	8.95%
Top 3 Funds	% of Port
AmPrecious Metal	8.6%	IRR	50.15%	74.73%	54.2%
EI Small Caps	4.4%	IRR	20.87%	19%	19.23%
RHB Small Cap Opp	2.7%	IRR	13.53%	8.62%	7.56%
Bottom 3 Eq Funds	% Port
RHB Smart Treasure	2.4%	ROI	-3.56%	-5.51%	-5.48%
TA Small Cap	1.2%	ROI	-5.28%	-6.53%	-6.06%
AMB Ethical	4.5%	IRR	-4.1%	-5.67%	-6.13%

Since June 2013 but top up here and there.

Wah, suddenly this thread become so HOT when the market is HOT. 

Is it a good time to buy or to sell now? There is no difference for the true unit trust investor.

As William Bernstein said, "The most dangerous time to buy is in a rising market and the safest time to buy is in a falling market".

You buying?

Portfolio inching up... good to see this...

You planing buy big amount or just regular top up?

I dont hv crystal ball bro....

things to watch would be 'brexit' and 'grexit', rate hike in june which is this month, opec news which you should be hearing around now. I guess those are the big big things happening right now.

i have no predictions to give, all I can say is, hope i have enough covered for the volatility that will come about.

My current portfolio still not as good as mid last year..

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

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.

at the end of last year I posted (boasted) about the unexciting IRR and its projected IRR% for the next few years if my portfolio remains as it is,..., thus self targeted my self to jump start my IRR growth......HEAVY on Small cap....in the beginning of the year.....
DAMNED....Mal EQ corrected in Jan 2016 and stayed flat for the next few months....

will keep to my current composition as per Jan portfolio.....keep it till end of the year to see how it goes....(with minor changes when needed between now and Dec)

yes,...current IRR is not interesting....but what can be done; when 2 weeks after the buying in...both EQ and FI corrected at the same time in May 2013 for many months?
luckily made a litttle from China boom in 2015
unlucky changes is having 20% allocation in GTF for 10 month with mearge ROI from Jan ~ Oct 2014...days after throwing it out in Oct 2014...it boomed 30%

no use crying over spilled milk...thus just do whatever within my risk appetite to pull up my ROI....(bcos...very difficult to pull up IRR when the duration is long already)
currently still following my "illusion" targeted IRR of 8%...(guess it will be very difficult to get 2.5% growth continuously for the next 6 months).......just waiting for ahjib to do the magic on FBMSCAP.....

doing abit of self comforting...like what T231H mentioned......6 month ROI is >4% ...yes better than FD
IRR of 3 years is 3% ...is better than S/A....

to be honest, sometimes I also       

I guess every dog has its day.....just focus heavily on some downed regions.....asia pac and m'sia...
just buy, wait and see...

Good ol Anita never disappoints. May want to look into this for next top up