Took a look at Asia Pac funds performance... we talked a lot about Ponzi 2.0, but it seems ponzi 1.0 been doing better than its peers in the past 6 months



So... anyone buying?

This post has been edited by dasecret: Mar 18 2016, 10:37 AM

Ok, maybe private banking for those HNWI with AUM >usd1m is different. But my experience with those relationship managers for premier banking is not great. Generally they r greener than me with investments and are just promoting whatever the bank ask them to promote

Wealth planner I believe is referring to those certified financial planners who charges a fee for reviewing your current state, retirement n other goals and help you plan how to get from A to B. So it's very different from the product pushers in banks. They should help you to look at your asset allocation, how to protect your wealth and so on

Boss, what's the trigger point? At which point do you think you need to engage a wealth planner?

When you talk about heart must be steady, I can only think of boss vanguard 2015 it's what he said that pulled me through the last 3 months.

Well, my 0.2cents
I was the biggest advocate for FSM, been telling all my friends to go for it since its peng Leng cheng; I don't have to deal with agents who don't really know what they r talking about.

But I realise that DIY takes a lot more work than just buying what FSM and LYN recommends, I ended up reading and monitoring the market a lot. It's a good thing, since I'm in accounting, these stuffs r no stranger to me, in a way it helps me in my work as well. But, I realise not everyone is up for that type work. My friends who bought just by following the current good returns or recommended funds don't end up in a good place. N I feel very guilty for putting them there

So now, if I have friends seeking for investment advice from me, if they r the type who wants to not do much, I'd recommend financial planner instead. Everyone has different needs. So what if you save 3-5k from sales charge n fees, you can lose a lot more to the market if you don't know what you are doing

Uncle Looi, I'm not saying you don't know what you are doing. But I can't help but to notice you associate luck to your choice of funds which really should not be the case. Perhaps a post mortem with the professionals will help?
IRR is a rolling number, with such volatile time, is your expectation still realistic?

This post has been edited by dasecret: Mar 20 2016, 01:10 PM

So if don't pay this fee must buy from the planner?

If more than RM750k, FSM also provide personalised services on portfolio review jor

Hello stranger
My IRR is currently 6.01%... already better than last month...

Looks like the cursing works.... Aladdin fund perform better than the rest for the past 3 months



So time to start cursing GTF?

Hope yours is still ok. My IRR fell by 0.5% from the last time I posted due to rising MYR. Goes to show my portfolio is very foreign based 😑

How to have net loss position but IRR is positive? 🤔

Hmm, cannot visualize. Got worked example? 😁
Bean counters work better with numbers than theory

Thanks! Interesting, never know that can happen. I thought IRR would weight average the return on each transaction and therefore if net position is a loss then IRR would always be negative

Learn something new

They did the same thing with Ponzi 2.0 last year. This enable them to sell the fund in its banks in ASEAN region

You know what, when I first read his example I have the same thought as you.... but, being a nerd bean counter as I am, put in spreadsheet and calculate lor


And this is what I got... the IRR is slightly positive, and hence my comment that it doesn't weight average returns but takes the time value of return instead

Err, full name pls. Or nickname if it's popular 😁

Oh. Didn't they close this fund? Anyway I don't have 😁

Fundsupermart advertise on my fav radio station -BFM 😎

RHB ATR has not been doing well since the start of the year wor
http://www.fundsupermart.com.my/main/fundi...n-Fund-MYRHBATR

YTD -7% for a bond fund.... sure ka? and volatility of 8.59

Don't get me wrong, I have that fund also. Just that I would not recommend it to be the only bond fund in the portfolio

This post has been edited by dasecret: Apr 5 2016, 04:14 PM

I was about to say how come mr steady suddenly macam not so steady.
Anyway, the difference between monthly recommended funds and recommended fund list updated annually is - they look at the timing. Usually when FSM thinks there's upside in the near future they would put it in monthly recommended fund. That's my limited observation la

I think FSM came out with an article on how did their monthly recommended funds do after their recommendations.
But really, is UT an appropriate vehicle to do speculations like this? Since chief vanguard say the fund no good, I won't consider buying lor

Edit: Found the link
http://www.fundsupermart.com.my/main/resea...-the-road--6260

So I can officially declare... not I say one, FSM claims one

This post has been edited by dasecret: Apr 6 2016, 11:25 AM