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 Fundsupermart.com v14, Happy 牛(bull!) Year

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xuzen
post Mar 20 2016, 02:23 PM

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QUOTE(_azam13 @ Mar 20 2016, 12:56 PM)
wealth planners manage money for client? i thought wealth planners give advice only..  confused.gif
so is wealth planner the same as fund manager?
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Let me indulge you with my analogy:

Lets take an example of a Production Pharmacist working at Pharmaniaga producing a gastric tablet from the factory floor. He produces the finished goods from a collection of raw material.

Similarly a Fund Manager works in a Unit Trust Management Company (Fund House e.g., Public Mutual) to produce a fund. He produce the fund by buying into a series of stocks from the stock exchange.

Lets take an example of a Retail Pharmacist working for Caring Pharmacy selling the gastric tablet to you. He sells that tablet after listening to your medical problem and select the best available solution from his pharmacy.

Similarly a Wealth Manager aka Licensed Financial Planner works at a Licensed Financial Planning Firm. He selects the registered financial product to match your needs after hearing your financial matters and circumstances.

Xuzen
xuzen
post Mar 20 2016, 02:27 PM

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QUOTE(_azam13 @ Mar 20 2016, 12:08 PM)
Thanks for the reply. Right now I'm working in an investment firm, if I retire early I plan to become an independent wealth planner  tongue.gif
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Make sure you have the right licensed. Independent wealth planner (actually the proper term is Licensed Financial Planner) is a regulated activity and you need to get the relevant licensed from BNM and SC.

Xuzen
xuzen
post Mar 21 2016, 11:48 AM

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QUOTE(lukenn @ Mar 21 2016, 11:07 AM)
If you didn't pay, the fella probably won't do it for you.  laugh.gif

However, if the amount is significant, the fees can be waived/absorbed, if you buy from them.

Then it depends to your negotiation skill lor ...
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Nego skill is secondary to the amt of moolah you have..... bruce.gif

You invest a kucing kurap MYR 10K, you expect people to waive their rice bowl for you ar? mad.gif

You invest say MYR 1M, you can expect people to waive it lor... wub.gif

Xuzen
xuzen
post Mar 26 2016, 06:07 PM

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I am reducing my exposure to riskier assets. Generally for equity exposed UTF the returns are dropping but volatility is increasing.

Xuzen

p/s: GTF, ESISC & Ponzi 2.0 still forms my portfolio.

This post has been edited by xuzen: Mar 26 2016, 06:09 PM
xuzen
post Mar 28 2016, 03:27 PM

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QUOTE(Ancient-XinG- @ Mar 28 2016, 10:46 AM)
Guys, I am really really new to this FSM.
Currently wish to try on something new.
I only having 1000 Myr to invest in this fsm... I know its really little but I think its time to step into this.. So, i take a look on the recommended funds by fsm. Why is it most of the YTD give negative value?

What is the recommend fund for newbie like me? What i see is east sring small cap and kenaga and some money market seems suitable foe me....

And how do you guys actually buy? Can it be done via m2u? If cdm i see they want us to scan the form and deposit slip to them...

So sorry if some question is repeated..
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1) Today is only March therefore YTD = 3 mths only. Too darn short a period to assess any UTF.

2) UTF is medium term meaning 3 to 5 years time horizon. Look at 3 or 5 years annualized data to make better informed decision.

3) Personally I use 3 years annualized data to make my investment decision.

4) I use FPX to buy UTF. Very easy and convenient.

Xuzen


xuzen
post Mar 30 2016, 11:43 AM

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QUOTE(ohcipala @ Mar 30 2016, 10:56 AM)
Someone defaulted? hmm.gif
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Do not simply use the word "defaulted" and "bond" in the same sentence. Very sensitive and scary one. It is like going to the doctor and hearing the "C" word!

Xuzen
xuzen
post Apr 1 2016, 11:45 AM

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QUOTE(nexona88 @ Mar 31 2016, 09:56 PM)
1 Mar 2016 13:00 UTC - 31 Mar 2016 13:53 UTC
USD/MYR close: 3.86774 low: 3.86459 high: 4.17934
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One of the factor for the very high rise of GTF in the whole of 2015 is the MYR/USD weakness play, now that the reverse has come true, it is only natural GTF will drop in tandem.

I have been reducing my exposure to it since post CNY.

I maintain my bolehland exposure i.e., no change in % for the time being with a potential to increase when more data are obtained.

Xuzen

This post has been edited by xuzen: Apr 1 2016, 11:46 AM
xuzen
post Apr 2 2016, 02:42 PM

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QUOTE(joeaverage @ Apr 1 2016, 04:44 PM)
Is there an ideal number of funds that one should buy (and thereafter keep topping up within that certain number) or it doesnt matter the number of different funds provided the region/sector are all diversified? What is considered too many funds generally.

For example - if for malaysian small cap equities - there are several funds under different fund houses.. is it ideal to just focus on the one that performs best or its fine to have few funds which are all more or less same.

thanks for your views.
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Ideally one fund (the best risk adjusted performance fund) per geographical region. It is of no use to overlap the same exposure. The role of a portfolio construction is to spread the risk.

Xuzen
xuzen
post Apr 2 2016, 02:42 PM

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QUOTE(ZZMsia @ Apr 1 2016, 02:16 PM)
Is it a good time now to enter into bolehland funds, like KGF?
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Yes.

Xuzen

p/s
Most fund house have a consensus that the KLSE have hit the bottom and the 1MDB issue is more or less resolved. NB: Investors are simple minded people; as long as 1MDB can make and seen to be able to honour future coupon / interest / dividend payments, they are OK, they don't give a sh1t about your internal politics.






This post has been edited by xuzen: Apr 2 2016, 02:49 PM
xuzen
post Apr 5 2016, 02:16 PM

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QUOTE(wonglokat @ Apr 5 2016, 12:07 PM)
Oh, how the giant (Titan) falls. Dang!
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In 2014, M'sia funds esp KGF was the darling.... then China funds became the de'rigeur in Q2 to Q3 in 2015, then it tumbled. Thereafter GTF become the new darling as USD/MYR forex was in USD's favour.

Now that the reverse of USD/MYR forex has occurred, GTF is no longer the darling, and M'sia exposed UTF become the de'rigeur once again esp KGF. A full cycle has come.

The world market is very fickle minded, that is the truth and nothing can change that fact.

That is why, it is useless to time the market or chase after it. It is very energy zapping. Just hold a diversified portfolio where the calculated rewards >> the risk and over time, you should be fine.

The term reward refers to Yield or ROI and Risk refers to Standard Deviation.

Xuzen

This post has been edited by xuzen: Apr 5 2016, 02:17 PM
xuzen
post Apr 6 2016, 12:14 PM

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QUOTE(adele123 @ Apr 5 2016, 11:44 PM)
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... biggrin.gif 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...
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That person who shall not be named who does not invest in UTF, is actually is an awesome investor in ASX FP. He will queue up to five days in a row to mop up float units from bank to bank. He will park his little Axia near the bank entrance at 8:00am and wait for the bank to open their door. Thereafter will rush to the ASNB counter and beli whatever units that are available.

On a separate note; ESISC is an awesome fund! However due to its high stan-dev, I cap my exposure to 1/3 of portfolio. It is still a considered a high exposure, but it is a calculated risk. KGF is a more selamba fund..... it will chug along just fine. Just don't rush her. She will come.... just don't rush her.

Xuzen

p/s
I have repeated this a few times. Malaysia market likes to play contrarian to global market. When global market is down like now, take a look at our local stock market! Going up, up and up! And the reverse shall happen. This is so predictable. Because of this, as an investors you are wise to keep locally exposed UTF and Global exposed UTF.

My GTF & Ponzi 2.0 drop is countered by the rise in ESISC and cushioned by the boring FI portion, namely Libra Asnita Bond. And, friends, this is how you should "play" UTF.

This post has been edited by xuzen: Apr 6 2016, 12:25 PM
xuzen
post Apr 6 2016, 02:59 PM

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QUOTE(Ramjade @ Apr 6 2016, 12:42 PM)
Well glad you guys talking about me.

Anyway forget about asx FP,  xuzen, I need your insight regarding Titans. Can it be done as I said. When USD drop, Titan will drop. Hence Topup more for Titans. When USD goes up, topup more for stuff like ESISC?
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GTF is made up of three main market: US, Eurozone & Japan.

What happened in 2HYr2015 is due to the oversold scenario of MYR. This means that MYR weaken against all or most currencies and that is why during that period, any foreign exposed UTF also gained. If only USD weakness alone, we would not see a repeat of this scenario.

Your proposed strategy is not going to work.

Xuzen


xuzen
post Apr 6 2016, 08:51 PM

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QUOTE(Ancient-XinG- @ Apr 6 2016, 08:27 PM)
Wow.... Thanks for the input! As you all know I am new to this, really new. I still learning to view and analyse the fund. Benchmarking, peer benchmark, YTD, performance, sure to take a long time for me as I can squeeze little time daily basis. But since they offer me 1% sc..... And with very very small investment amount, I think I will go ESISC, KGF and the east spring bond fund atm... To me I should start in local UT instead of go wild in overseas. Perhaps the MYR now is swinging lfet and right.  Then perhaps slowly learn through lol. That's is the most I can do now. If do it hurry I afraid lose more. Well that's base on my shallow knowledge of investment... Hoping to see more sifu shed more lights here.
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Take your time to learn, and do not be afraid to make mistake.

I started investing directly in stock market since 2007 right after the Asian Financial crisis.... Had good year in 2008 and 2009. But I found out that stock market is too tedious for me, too much monitoring needed. If that is your passion and hobby, well good for you!

Then I took the UTC license with Public Mutual and started investing in UTF by becoming my own agent which saved me the agent commission because the agent commission goes back to my own pocket. That was in 2009 and during those times where got DIY FSM platform? When talk about UTF, it is always Public Mutual only.

In 2013, I stopped investing with Public Mutual and switch to DIY Platform such as FSM because FSM sales charge is soooooo darn low, it is not worth even to maintain my UTC license with Public Mutual.

So in all, I have been investing since 2007 (9 years) and for UTF = 7 years experience until today.

Xuzen

P/s So the question million dollar question is over time, did I make money from UTF? the answer is YES! Did I also lose money while investing in UTF? The answer is also YES! The trick is make more than lose!



This post has been edited by xuzen: Apr 6 2016, 08:54 PM
xuzen
post Apr 17 2016, 04:15 PM

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I am dumping Ponzi 2.0; its return is getting lower and lower whereas its volatility is increasing and increasing!

I am dumping it in lieu of RHB Asian Total Return Pink Spider - yes, you are right. RHB Asian Income also is a good alternative if you prefer a mixed asset fund.

RHB Asian Total Return is an Asia Pac Ex-Japan corporate bond exposed.

Xuzen

This post has been edited by xuzen: Apr 17 2016, 04:22 PM
xuzen
post Apr 17 2016, 04:20 PM

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QUOTE(Ancient-XinG- @ Apr 17 2016, 03:40 PM)
Hmmm. Top up esisc or buy kgf....
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KGF or ESISC both also good.

But, take this into consideration:

I am sure you already have EPF right? EPF equity holding is mainly in Malaysia large cap. So, in essence you already by default are exposed to M'sia large cap. So, to me, holding ESISC will plug the gap by exposing you to Malaysia small cap.

Xuzen

This post has been edited by xuzen: Apr 17 2016, 04:22 PM
xuzen
post Apr 17 2016, 07:15 PM

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QUOTE(Ancient-XinG- @ Apr 17 2016, 04:57 PM)
No la. Not working yet how got epf lol.

Even my working family member choose pension over epf.

Epf having alot downside actually. Haha
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Oh ok.

Xuzen

This post has been edited by xuzen: Apr 17 2016, 07:16 PM
xuzen
post Apr 18 2016, 02:28 PM

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QUOTE(dasecret @ Apr 18 2016, 11:50 AM)
Wow, what a drastic move

I'm actually thinking to dump Asian total return - main reason - the exposure to China corporate bond is 27% and 38% in financial services in terms of sector

I'm quite wary of the debt bubble in china....

Between the 3 funds my fav is Asian income but the fund it feeds into is not top notch also, but it's mixed assets including REITs, so it's more stable
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Yeah, I liked Ponzi 2.0 for its low volatility, which was around 8.XX% back in 2015. Now its volatility has creeped up to almost 11.0%, it has exceeded my risk appetite, hence I change it to RHB Asian Income where its volatility is around 7.XX%.

What you say about RHB Asian Total Return is purely perception and personal opinion because the numbers presented are still ok.

Xuzen

This post has been edited by xuzen: Apr 18 2016, 02:29 PM
xuzen
post Apr 18 2016, 02:37 PM

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QUOTE(allenpee85 @ Apr 18 2016, 08:09 AM)
Hi I m new and noob here

Thinking to invest to kinda unit trusts seeking for some guidances.

How to create account in Fundsupermart?
What is IRR?
What is the charges of a single transaction? E.g. RM 5k

Have anyone making more than 8 pct from single fund in a short period? Let's say 6 months.
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Back in mid 2015, I bought into TA Global Tech and sold it 3 months later for a 15% gain. However, these type of trade is not easily repeatable and it happens because I so happen to be already in the market.

That is why the old adage; "investing gain is not about timing the market but the time you are in the market". Ponder on this you must.

Xuzen
xuzen
post Apr 18 2016, 02:44 PM

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QUOTE(dasecret @ Apr 18 2016, 02:39 PM)
Hmm.... facts vs perception
Actually I'm just parroting what the fund manager says .... http://www.fundsupermart.com.my/main/admin...eetMYRHBATR.pdf

But anyway, choice of funds and asset allocation is personal to a certain extend
Just expressing my surprise with the sudden move from a pure equity fund to pure bond fund albeit in the same geographical market
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I decided to go with RHB Asian Income instead.... mixed asset fund, the so called "middle path". RHB ATRF volatility is even higher than RHB AIF

Xuzen
xuzen
post Apr 20 2016, 10:39 AM

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QUOTE(kkk8787 @ Apr 20 2016, 12:09 AM)
I'm curious regarding index funds. Low cost index funds can be bought in malaysia ? Any platforms?
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There are no low cost funds domiciled in Malaysia. They are mainly US products.

Some forumers here open online trading with some foreign stock-broking account to buy US ETFs (DIY option).

If you like hand-holding, then seek a License Financial Planner to open an account with some offshore trust (e.g. Premier Assurance Trust domiciled in British Virgin Island) to buy into Vanguard / Spyder / IShare low cost index mutual funds.

Xuzen

This post has been edited by xuzen: Apr 20 2016, 10:40 AM
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