Sorry I don't mean to be a smart alec but isn't CIMB AP PRS feeding into CIMB Asia Pacific Dynamic Income Fund? These are mirror funds. If so, you have 2 duplicate funds.

Unless you bought the CIMB AP Islamic PRS.

I see. I am also using CIMB AP PRS for tax relief purpose.

But I used a different approach. For Portfolio A, I have CIMB AP. For Portfolio B, I only have CIMB AP PRS. I guess every investor has different approach. As long as we are comfortable with it, why not?

1) UTF No 1 & 4 are overlap, choose either one. I prefer RHB Asian Income for its low volatility (meaning more stable and less swing in NAV compared to CIMB APDIF). (60%)

*** APDIF & RHB AIF are both going for dividend yielding instruments ***

2) Can keep KGF the perennial FSM favourite UTF. (20%)

3) I would dump the eastspring suxs UTFs.

4) Keep UTF No. 5... mainly to catch the USD / MYR thematic play. (20%)

Total = 100%. If you calculate the historical return the port gave a rtn around 15% p.a.

p/s For me, since I actively manage my port, I will take India in lieu of KGF for sectorial play.

Xuzen

The table above is 9 months old, but I don't think it would be very different now; should still be in the range of 0.6-0.7

My information is obtained from Morningstar Inc and the Corr-coeff value given is 0.87. This is highly correlated. Bad for your portfolio.

Xuzen

p/s Please let me take an opportunity to elaborate on the correlation coefficient, Corr-coeff. When we talk about diversity, how do we express a value for diversity. Just like when we say some one is tall, but how do actually quantify it? So we use meter and centimeter to measure a person's height. Similarly, when we say diverse, the corr-coeff is the measurement to state how highly or lowly the correlation is. The closer the value is to 1, the more highly correlated it is. If the value is zero, then the two asset class is neutral. If it is minus one, then it is perfectly opposite of each other.

Lets say if RHB AIF and APDIF has a corr-coeff of one. This means in theory, if RHB AIF increase value 10%, it is expected APDIF will increase by also 10%. If the corr-coeff is 0.87, the movement will be 10% x 0.87 = 8.7% in the same direction. So, when you lets say buy both UTF, when Asia-Pac region, value naik, both your UTF will increase in value. You feel elated. If drop, both drop. You feel dejected.

To avoid this up and down, that is why smart investment person will try to match and pick asset / UTF that have low corr-coeff. So when one naik, the other one neither naik or turun or perhaps naik or turun a little bit. The end result is that your portfolio is stable and naik slow and steady and will not cause heart attack lor!

Understand boh?

If you are those who likes to ride on a coaster roller and wet your own pants type personality, then this method of investment using the modern portfolio theory will be too boring for you.

I want to ask about this RHB Islamic Bond Fund. Say I put in RM1k this year. Then I put in RM1k in the 2nd year. 3rd year I withdraw everything. So I kena charge 1% for the RM1k placed in the 2nd year?

My 2 cents worth...

Watch out for AmDynamic Bond's redemption fee :  Up to 1% of the NAV per unit. (Borne by Investor). Maybe can consider substituting with:-

1.  Libra Asnita Bond Fund and

2.  RHB Bond Fund or RHB Islamic Bond Fund (Redemption fee: Redeem on or before 1st year is 1.0% of the Repurchase Price per Unit; no redemption fee after the 1st year).

New investor here. I have Libra Asnita Bond in my portfolio, I am just wondering why whenever I talk to my UT agents friends and when I mentioned about my bond fund, they would say "no need to top up for bond wan la". But it was always touch n go conversation so didn't get to ask them. Why is that so?

I do regular DCA into my 4 other equity funds and this libra asnita fund.

Friend,

Cannot simply say like this. If you UTC, FIMM or SC hear this, you lesen kena tarik balik wan ar! Bond =/= FD.

Xuzen

Still wanna DCA kah?
for the trend maybe rising.....and you could be buying on HIGH Nav.  

Save the money,...buy on dips for lower Nav. 
but just how to know when to buy in?
set a target % from last month highest?

Well you're not alone..
Many have fixed allocation per month.. Limited only

so I have seen when I wrongly invested in the rhb Asian total return fund which has a high volatility even as it is considered as a fixed income fund. I right the wrong switching it to libra anita.

that said I read on the benefits of CMF in fundsupermart.  how many of the investors here are currently using it to instantly purchase their unit trusts?

but in my case I fpx through Maybank2u which has been alwaus a quick tap or two. so I am still thinking why the need CMF

That's quite terrible. FPX is supposed to be instant, no ? The time of transaction should be whatever time recorded in fpx. 

The email received is different but the time is correct. How I know? Bought at 30/9 at 250pm, all fund price as of today is of 30/9. If time is off, it will be showing 4/9 price which it was not.

And no. I don't intend to use CMF as the interest is lower than eGIA-i.  Will only use CMF if eGIA-i rates drop lower than CMF because of liquidity issue (require 2 working days to get the money out instead of instant)

Sounds like you are quite sold on eGIA-i.

Have you considered using a bond fund such as libra anista for the purpose ? Historically 5-8% and also low volatility wor .....

Can libra asnita buy on the spot or need few days? Eg. Today want to buy at 2pm, use asnita bond to buy, will the price be today's price or few days later price?

Sounds like a good plan, as cash out funds will take about 1 week or so before can see real cash.

Isn't need to wait a few days for the FM to liqudate your holdings?