Mind to explain the historical reasons in naming these funds?

This post has been edited by AIYH: Oct 11 2016, 09:45 AM

Performance related: Ponzi 1, Ponzi 2, Evergreen Fund
Name related: AmDynamite, CIMB Dynamite, Anita Mui Bond, CIMB Titanic
Shahriah related: Aladdin

No, RHB AIF also includes a significant portion of REITs; and EMBF is mainly government bonds including those outside of Asia Pac; RHB ATR would be a closer surrogate. But composition wise, the % of EQ:FI:REITs would be dynamic with RHB AIF and how are you going to mirror that?

I've highlighted this before; when EQ is doing well, AIF will lag behind due to its FI and REITs elements. But it's a great stabiliser with a rather low volatility which is great during turbulent times. So the question is, why do you buy into this fund? Just because crystal ball say so?

Good attempt to analyse the movements. But do look into 1 year and 2 years chart then you would understand why Xuzen decided to go into AIF early this year; he was contemplating between ATR and AIF and clearly AIF is a better choice given its lower volatility and higher risk adjusted returns. All these funds are not identical and would perform differently in different market situations

Although in this case the negative IRR was due to key in error; it was previously discussed that it is mathematically possible to have a positive ROI and negative IRR.

I've personally experienced it and it was due to a rather big negative IRR from a recent purchase and a small IRR from CMF, but ROI wise it's positive because I kept the money in CMF while waiting to RSP into funds. At the moment that portfolio of 1 year old still has an IRR of 2.2% and ROI of 5.4% although if I look at CAGR it's actually closer to 5.4%

Not sure if this makes sense to you; it's mathematically correct although I'd disregard IRR and focus on ROI in this instance

Oh, it's possible to have it in the reverse situation too - +IRR and -ROI
Again due to averaging effects of IRR where some transactions made significantly more but is more recent
My GTF position is having IFF 0.74% IRR and -0.66% ROI

This post has been edited by dasecret: Oct 11 2016, 10:36 AM

Trying to understand, when we talk about better risk adjusted returns, does it apply to only one lump sum investment or including regular top up?

Because from what I understand, AIF will be a better choice if you just invest once (or top up less frequent and have a peace of mind) since it fluctuate less, less likely prone to "timing market emotion" and less prone to heart attack

If for people who do regular top up/RSP to take advantage of the APDIF volatility, does the better risk adjusted returns still applies?

I admit my mistake that when I started my portfolio, I added AIF under xuzen recommendation without realizing the similarity between them, so I plan to remove it and replace it with EMBF to enter non-asian market instead of continuing in within asian region

But come to think about it, would you recommend to go for EI GEM (but worrying about the heavy weight in greater china equity since I already have CIMB APDIF, GTF and CIIEF) or RHBEMBF to diverse more on different emerging market continent government bond?

This post has been edited by AIYH: Oct 11 2016, 10:45 AM

Nicknames. Ease of typing:

Imagine typing Ponzi 1 versus typing Affin-Hwang Asia Pacific ex Japan Quantum Fund. Which one do you prefer?

or

typing Ponzi 2 versus typing CIMB Principle Asia Pacific ex Japan Dynamic Equity Fund? Which one do you prefer?

or

Typing SPDR 500 (pronounced Spider 500) versus typing State Street Global Advisor Standard & Poor Depository Receipt 500.

You catcha my drift yet hommie?

Xuzen

This post has been edited by xuzen: Oct 11 2016, 11:05 AM

What I mean is that for example, KGF was named evergreen fund instead of Ponzi like quantum and APDIF, isnt all of them having high volatility yet up trend in long run (unless the fund manager was a consideration then I have no comment )

And also funds like aladdin, anita mui, titanic those, beside shortening the name, sometimes dont really understand how does those naming relevant to the characteristics of the fund, like anita mui?

It would apply to both really, when it comes to foreign balanced fund the price still does not move only up unlike local bond funds, what it means is just that you may not see a monthly -5% or -10% returns very often (and also the reverse). So it depends on what you want. If you want to gamble ala buy low sell high, AIF is not for you; if you want lumpsum/RSP and have a reasonable amount of FI portfolio it'll be quite ideal

I dislike EI GEM very much. The allocation is very heavy to asia pac and the returns pale in comparison to APDI and other asia pac funds. Would certainly discourage that move. To be honest, I don't see the potential of EMs outside of Asia pac doing well. EM bond is in a better position due to their exposure in gov securities which is less risky than ATR's corporate bonds. Other than that I don't see a reason to buy into the region

KGF = evergreen = for its ten years consistent above peer performance.

Alladdin = Aberdeen Islamic is a play on the name and also Alladdin is associated with Islamic folklore.

Anita = word play on Libra Asnita Bond Fund.

Titanic = word play on CIMB Global Titan Fund

Xuzen

For this Kaptrf, I started Apr 16, now have 8% gain.
This shows the effect of timing, but too bad we are not able to time it

We need the wisdom of Algozen™

This post has been edited by David83: Oct 11 2016, 11:24 AM

Who don't know timing the market, that is buy low, sell high is good. Only problem, can you execute it consistently all the time? Do you feel lucky all the time?

Its like trying to catch Jirachi Pokémon, good luck with that.

This post has been edited by xuzen: Oct 11 2016, 11:28 AM

Then, I would believe (and hope) my RSP could take advantage of the APDIF volatility (is somehow proved in the chart, if you RSP them within the same time frame), hopefully will go well.

I will stick my FI portion as my potential reserve into anita mui

No love for potential growth from latin america and african emerging market?
Having a lot in asia pac in my portfolio dy, plus no good equity fund for the above region, and EBMF vs ATR performed similarly too, so will go for EMBF

Thank you for your patience sifu

Got FSM-UTF invest in Africa / MENA / Americas region meh?

Xuzen

Quite a lot of UTs have fantastic performance since July 2016, just want to check with sifus on how to deal with it....

1. Keep calm and stay. Ride thru' storms (if they come) and wait for another spring to come.
2. Axe or switch to bond fund if major storm arrives.
3. Skim the profit and re-invest the profit into bond fund to preserve it.

When market drop all lari dunno pergi mana? Even itu labah-labah merah jambu also went away and tried his luck with stock-market punting investment. (Traitor! )

Now market up, don't from where all the new faces appear and ask this and ask that....

...

...

...

But all is good. Welcome welcome aboard! Lai lai all continue to huat together-gether.

Black cat or white cat, what does it matter, as long as it catches the rat!

Xuzen

This post has been edited by xuzen: Oct 11 2016, 11:48 AM

Actually it's not because the region has no potential, but the Msia funds in these region are less than ideal. Another example would be our exposure in developed markets, the best ones are GTF and Aberdeen world, but they are not that great as well

What about increasing exposure in MY EQ? With general election coming there's a good chance the market would boom (before kaboom )

Algozen™ do monitor the market regularly and as of now, she is till maintaining her earlier call. That is:

1) Asia - Pac ex Japan = 70% (I choose RHB AIF for its stable growth, that is, low volatility but growing at a constant rate)

2) India = 15% (Need I say more? However I cap it at low 15% because it is a country specific, emerging market UTF, that is, very high risk. It can swing anytime)

3) US = 15% (this is mainly on MYR / USD forex play. That is why I also keep its exposure low because forex is sentiment driven and can swing anytime) For US exposure, I choose TA Global Tech as my UTF of choice because it has better risk-adjusted return compared to peer.

4) For Asia Pac, if you like it, you may substitute RHB - AIF with Ponzi 2.0 plus a REIT fund. at 35% + 35% split. RHB AIF is a UTF of mixed asset just like a rojak dish... got exposure to equities, got exposure to REITs and got exposure to bonds. Kasi itu Fund Manager buat kerja sikit!

Xuzen

This post has been edited by xuzen: Oct 11 2016, 12:03 PM

Not sure sarcasm or not, but there are 4 funds which have varying degree of allocation on the aforementioned market.

TA BRIC and Emerging Markets Fund
Eastspring Investments Global Emerging Markets Fund
Global Emerging Markets Opportunities
RHB Emerging Markets Bond Fund

I only started to work and have the income to invest starting less than a quarter eh

Forgive me

But that's the sort of better option for us to have exposure on that market (unless if you invest stock or mutual funds on those region elsewhere then is another story )

Already got KGF, EISCF, Ponzi 1, AmReits and Ponzi 2 covering Malaysia

Somemore having Anita Mui as cash reserve, not heavy enough?

This post has been edited by AIYH: Oct 11 2016, 01:46 PM

Just got onto EIGEMF recently and it's one of the top performer. Historically this GEM market is non-performer, however, there seem to be a revised view on it recently.