Hi all, haven't been updating my portfolio cause been busy and still busy. and also cause it was red red red...

seeing some improvement in the portfolio but far from my previous IRR 6-7%. the sad.

anyone still loving india fund?

They do need to verify that you are a real person.

Btw, you can always cross your ic before sending it to 3rd party, if you haven't been doing it

Hmm... you can do a hindsight analysis... what if you choose 1 fund per sector... or 3 funds per sector... which would be better in past 3, 5 years? Then maybe we can discuss this.

Anyway, analysis aside, I only chose 1 fund per geographical sector. Except for asia pacific, I added eastspring, which in hindsight, abit unnecessary... never top up once. Minimum investment...

I have about 5 eq funds, 1 bond fund. Kinda ok with my portfolio... not complaining except for Aberdeen...

i seriously lazy to reply, but i saw a troll replying, who probably hasn't been investing much himself answering your question, making me want to type some words.

actually the recommended funds that goes around this thread are very few. CIMB AP, CIMB global titans, KGF, EI small cap, to name a few. but i do like to point out that i do believe newcomers were hurt when they started chasing CIMB AP, Global titans... when china market was downed a lot, and now with the rising ringgit, probably loss has increased.

Personally if you starting small, try not to overspread your investment. In hindsight, i wish i sticked to my investment from day 1... 75% KGF... but that's hindsight. hindsight is always vision 20/20.

also... given the MYR volatility recently and it did climb up quite a bit... compared to say few months ago, then yes, it seems better now to invest in overseas fund. of course, nobody can predict the future, and if myr goes up even more later, you'll be like why didn't i wait... or if myr drop again, you'll be like, oh no, should have bought earlier... etc...

read some of the articles by FSM. concentrate on which geographical region you want to invest. then work around that. starting with malaysians fund would be easier in the sense that you do not have to worry about the exchange rate.

Btw, Eastspring Small Cap is just small cap fund. KGF invests in large cap and small cap funds. they are not the same category. but EI SC volatility will definitely be higher than KGF. For better comparison, may be better to compare EI my focus with KGF. Not sure about EI My focus, you can read it up on your own. should that it is not restricted to invest in small cap/blue chip...

Actually cut-off time is 3pm... before 3pm same business day, after 3pm, next business day. some of exceptional such as PRS fund for CIMB.

i would suggest transferring to CMF2 first (if you haven't), then go for buying funds...

1) good place to park your fund
2) you don't have to go through the fpx everytime you buy a fund.

sometime in dec 2014, i am somewhat glad that i had some investment in overseas fund... not fully in malaysia.

Sometime in april 2015, i am somewhat cushioned by myr weakness that the drop in china didn't affect my cimb asia pac fund.

2nd half of 2015, quite glad i was invested in overseas fund...

april 2016... i should have dump all my money in kgf from day 1...

cheers...!!! just ranting, happy investing.

Average down on cimb ap... via prs. Not into topping up other funds for now. may consider topping up india fund but very small amount.

Closely monitor malaysia equity. May top up on kgf and/of increase direct exposure to bursa.

Please dont go through all 14 versions. Waste of time. Just stay put and follow this thread any now and then. There are tendencies some ppl will bring up similar topics/questions.

May serve you better to read the faq at fsm. Those for beginners.

The recommended funds by the forummers here (looking at past 6mths to 1year) will show that some of those funds are not performing. To name 2, cimb asia pacific dynamic income fund and cimb global titans. To be fair, the market is not in the favour of those who bought into these 2 funds.

DCA and VCA, dollar cost averaging and value cost averaging. You can google.

As a start, might I recommend you to get invested with prs to get more tax relief? As for timing, which fund is good, I dare not advise for I do not hold a crystal ball.

i thought of PRS purely for tax relief purposes. yes, correct, your funds will be tied up. whether to go for it or not, will depend on your tax bracket and also your willingness to part with the money. i myself invest in PRS but my tax bracket at 11% only. those who are at 20%+, of course seems more worth it. btw, another reason for PRS is for the RM500 youth incentive, if you are entitled.

those 2 funds that i mentioned, i still think they are good funds, but i guess a very good example of chasing high performance fund in a wrong environment/timing. i guess it goes to show why DCA and VCA is really important.

Cimb asia pac. Very small amount monthly via prs.

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?

for your sake (and mine because i also have a substansial % in ponzi 2.0), you need to understand why there are ups and downs in a certain fund.
1) the myr has been strengthening since march, hence negative effect on ponzi 2.0. at the same time, the market wasn't going up by much. hence the drop
2) these 1 month the myr has been very volatile, weakening again, and market seems to be on the positive side. hence the rise.

don't start to celebrate cause it has been green for the past 1 month. we are supposed to be in it for the long term.

excluding my cash holdings in CMF2, my EQ:FI ratio has always been around 95%:5%... was abit down the last few months, but looking all green again... now why didn't i top up 2-3 months ago?

This post has been edited by adele123: Jun 8 2016, 04:14 PM

Myr has been volatile lately. Going up quite abit... myr strengthen will have negative effect on foreign funds

Just because they are popular doesn't mean they are the right choice of funds.

just cautioning you to be wary of what you are getting. though i have to admit my list of funds do consist of the popular funds.

Fund	IRR	ROI	% of Portfolio
Kenanga Growth Fund	4.68%	8.87	35.64%
Aberdeen World Equity	4.21%	7.17%	22.55%
CIMB AP Dynamic	5.20%	8.73%	23.90%
Manulife India	1.96%	2.61%	7.2%
EI Asia ex-Japan Target	0.16%	0.23%	4.69%
RHB Asian Total Return Fund	12.46%	17.22%	6.03%
Portfolio	4.69%	8.00%	100%

as at 14/07/2016

This post has been edited by adele123: Jul 14 2016, 03:32 PM

on my own... FSM only shows ROI not IRR.

Haha, yes, planning to switch from EI asia ex-jap. probably to EI My focus or EI small cap, to increase m'sia exposure. anyway, note i do have exposures to local market via some of my own stock holdings albeit not much. hence my heavier exposure to foreign funds.

the numbers were pretty negative (except KGF) when the market diarrhoea few months back. i stopped updating awhile.

Plans moving forward... given bnm recent move to lower interest

1) top up on KGF and switch my EI fund to M'sia fund. waiting for the right moment to top up in small amount.
2) continue DCA on CIMB PRS Asia Pacific (hence more exposure to CIMB AP), for tax relief purpose.
3) maintain similar ratio of fund allocation (except for that EI fund) given that I like the portfolio now. not adding new funds.
4) monitor stock market and invest directly.

Need to study and compare. Lol. Anyway, since wong sifu already did a quick comparison, guess uforlife may still offer term life at a lower cost. Note that fsm is still representing the insurance companies only 3 for now, they will get commission, what fsm is saying is, they take less commission.

Term life on fsm is those with level premium. Yes in the case of uforlife it increases every year and chances are they may revise the rates if the insurance companies's experience is not ideal. Chances are these rates don't get revised often. Professional opinion...

Part of bank negara initiative in the next 2-3 years is to make insurance companies offer insurance product without intermediary hence lowering the cost of purchasing insurance.

Just because equity didn't behave in the past 2 years, doesn't mean we should punish them

seriously... i'm not a bond fund person... but the very sad truth is my best performing fund is my RHB asian total return fund. double digit IRR... my equity funds while have recovered alot but still at single digit return.

in the long run... equity beats cash.

This post has been edited by adele123: Jul 26 2016, 02:08 PM

portfolio sharing... invested since august 2014...

Fund	IRR	ROI	% of portfolio
Kenanga Growth Fund	4.84%	9.76%	30.68%
Aberdeen World	5.69%	10.41%	19.84%
CIMB Asia Pac Dynamic Income	7.66%	13.91%	21.38%
CIMB AP PRS	8.01%	8.95%	12.25%
Manulife India	4.78%	6.97%	6.41%
EI AxJ Target Return	2.65%	4.26%	4.16%
RHB Asian Total Return	13.41%	20.25%	5.28%
Portfolio	6.14%	10.73%	100%

personal preference of not getting small cap funds. (recent events have shown small cap is no ride in the park )

anyway, reason why i stick to KGF is because the fund managers are allowed to invest in small cap funds as well. while the return of KGF is lower compared to say EI Small Cap or EI MY Focus, i'm happy with the performance. Risk/Return-wise, i'm in favour of KGF.

I might switch over from EI asia to EI Small Cap, but not likely to constantly top up.

This post has been edited by adele123: Aug 25 2016, 09:07 AM