So agree with this statement. This thread is golden. I've picked up a lot of things from here. I tried reading textbooks on UT but couldn't stay awake for it. Ahahaha. Learning here is much more faster and 'relevant'.

Cheers to all!

Hi everyone,

I am trying to compare CIMB Global Titans with TA Global Technology. While TA GTF has outperformed its peers rather consistently but it was under-performing its benchmark. While CIMB Global Titan's performance is slightly below TA GTF but it has outperformed its benchmark consistently. Now I am confused as to which would deemed to be a healthier fund to invest in? Sharpe ratio and volatility wise both aren't too far off each other.

Although choosing TA GTF would means not more overlapping to Japan and Malaysia equities market which I have already covered with my other funds rather heavily. And choosing to stay with CIMB Global Titans would have said overlapping effect but it also means I have some footing in Europe as well, which is good.

This is not going to be easy isn't it? Lol

This post has been edited by yuatyi: Sep 10 2016, 04:51 PM

Yup, it is obviously not easy... else we can conduct a poll and goes with the most votes.

1. The numbers are past history... while we are investing for the future. And everyone can speculates...

2. It would still boils down to his/her individual objective, and how they invest... ie. 1-time lumpsum or DCA, how long is the DCA, how much is the DCA out of his/her salary and savings... etc. etc.

3. There are other things to consider too, depending on the individual's objective and investment means,
- which fund company should he select... how stable is it? Will it present any anxiety when there is any adverse news on the economy? Will it be there?

- what are the other funds the fund company also have, such that inter-fund switch can be done without doing a sell and buy another fund in another company, without paying the service charge again. Switching fees can gradually adds up to a huge sum... but it would still be cheaper than paying service charges again and again.

4. If doing DCA, it would boils down to which fund would you like to regularly invest/buy without any further anxiety, ie. no need to think twice whether you should continue on with the fund whenever you want to buy.



This post has been edited by j.passing.by: Sep 10 2016, 05:15 PM

I had the dilemma once since I also have global titans fund in my portfolio. To save all the headaches, if it ain't broken, don't fix it. at least i see it that way.

you had 10.5% CIMB-Principal Global Titans Fund
I would suggest you stick with it
(increase more if that risk appetite allow it)......b'cos I think 40% of that 10.5% in US is just too little for a portfolio.

for that TA GTF...it is a single segment or focused fund......try add no more than 5% in yr portfolio b'cos CIMB GTF also has some similar holdings as TA GTF.

you already have 3.6% TA European Equity Fund
why do you say "And choosing to stay with CIMB Global Titans would have said overlapping effect but it also means I have some footing in Europe as well, which is good".

Thanks. From your valuable input. After considering your advise. I would believe in my case, staying with CIMB Global Titans would be much more beneficial to me since CIMB mananged UTs aren't doing half bad and are amongst the best out there more so than TA management. Should be able to offer much more stability there in terms of management. And since I have Ponzi 2 in my portfolio I might make be able to make good use of the intra fund switch with Global Titans someday. Actually that is one of my plan when I later added Global Titans.

I have been diligently doing DCA since from the start and had just stopped the RSP sometime last month or so due to some personal funds issue. I was also considering VA over DCA. Both are more or less the same just that the latter removes the emotion for us - less pain I think. Haha.

At the moment, I planned on doing monthly contribution to each funds but this time via VA style. Trying to be more involved with the process so that I could perhaps learn more from managing it. There's cons in that really. I had to stay more objective and take all the additional noises in the market with more than a grain of salt to keep from jerking my knee unnecessarily and hurting my portfolio with reckless moves. Easier said than done. But I am going to try it and see what happens from there. My friends are going to call me crazy and reckless. Oh well, they already did... since I choose to DIY my own UT with no accounting or UT knowledge background. And me being a woman on top of that. People don't have much faith in that. To me, everyone gotta stay from somewhere. First step is the hardest.

That is very wise . I tend on delaying updating my phone with new firmware updates and wait till everyone else updated and reported back with bugs and such. Hahaha. After they have work over the bugs, I would then update mine. Don't know why everyone rushed to be a guinea pig.

This post has been edited by yuatyi: Sep 10 2016, 05:40 PM

Hi, thanks for your advise. Actually if you read back a bit, I was agonizing over which Global fund to keep to cover my developed market segment since I am now having 3 global funds in my portfolio:-

8.4% RHB Global Fortune Fund
10.5% CIMB-Principal Global Titans Fund
3.6% TA European Equity Fund

Sifus here has advised that I could trim it off as all 3 moves similarly (no correlation). Hence I might as well just pick one and stay with it.

After all the feedbacks I got here and in view of my own long term goals, I am thinking staying with Global Titans has more benefit to my portfolio. Hence I am in the mind of dropping RHB Global Fortune Fund and TA European EF. Just stay faithful to one Global fund. Hehehe. Will move more of the funds from that 2 dropped UT to my Global Titans to increase my exposure. Thanks again.

Going to drop RHB ATR for RHB Asian Income Fund and also go for Libra Asnita Bond. That would mean I will only be left with 2 bonds in my portfolio to focus on. That is a good thing.

Hi Sifus,

What do you think of my new reshuffled portfolio? I have am going to restructure my current one with this new portfolio after receiving many good advise here:-

EQ 75% / FI 25%

Bond = 25%:-
17% Libra ASnita Bond
8% Eastspring Investment Bond Fund

EQ (Malaysia) = 30%:-
15% Eastspring Investments Small-Cap Fund
15% Kenanga Growth Fund

EQ (Asia ex-Japan) = 20%:-
8% CIMB-Principal Asia Pacific Dynamic Income Fund
12% RHB Asian Income Fund

EQ (Global) = 17%:-
17% CIMB-Principal Global Titans Fund

EQ (Single Country: India) = 8%:-
8% Manulife India Equity Fund


According to FSM Portfolio Simulator tool for a 3 years view, there's a possibility of 14.28 Annualised Return with 5.68 Annualised Volatility. I have pushed higher weightage on my India and also Global fund from my initial lower weightage approach.

I am aiming for a 7 years horizon for this portfolio. My risk profile is moderately aggressive.

This post has been edited by yuatyi: Sep 10 2016, 06:44 PM

since you will be moving/switching/relocating your EQ funds around.....
I believes you want to take the benefits of the 0.57% SC.

if you can....and if time allows....
don't inter switch direct from EQ of FH A to EQ of FH B
by doing so you will need to pay 0.57% SC

try intra switch from EQ of FH A to FI of FH A,...(wait a few days), then inter switch again that FI of FH A to EQ of FH B....
with this you will still need to pay 0.57% SC BUT you will gain "credit points"...which will be useful later.

courtesy of "Vanguard"

RHB Asian Income Fund is a balanced fund (FI & EQ)
so your weightage of 20% EQ in Asia X Jpn seems not correct

* Past performance not indicative of future returns.
** Not intended as an offer or solicitation for sale.

VA may sounds good in theory, but what is its advantage over DCA, especially if the regular amount to put in is "tiny" like a few hundred ringgits? If a fund dropped 10% or 1k in value this month, are you ready to pour in 1k next month when the regular investment budget is only $400?

Being very objective and unemotional would means sticking to the set plan. The plan may be this, out of the savings from monthly salary, some is put in fd or fixed income funds, some in equity funds, say $400. So without fail, whether sunshine or earthquake, must buy $400 worth of equity funds every month.

This would be DCA style.

We can varies it slightly by choosing say 4 funds out of our existing 5 funds to put the $400 (with $100 per fund or S200 into 2 funds each.) How the 2 or more funds is selected out of the 5 funds is not upmost important. Every method will have its own weakness - sometimes you win, sometimes you lose, sometimes we get lucky, sometimes not - this is the reason why we do it DCA, not one-time lumpsum.

(If it is a regional fund, sometimes I looked into the stock index for that particular market... for example choose the fund with its market index below the 200-day MA. https://sg.finance.yahoo.com/q/ta?t=2y&l=on...&s=%5EAXJO&ql=1 )

Now, with VA, you will need to put in some calculations and more effort in knowing the current values of the funds. Because VA is "topping up" the fund to the desired level. (The desired level can be a fixed number or percentage or a constant value. It can also be an increasing value... ie. you want it to grow 4% or 5% every year.)

As said, are you ready to "top-up" when the fund drops more than your planned budget?

Looks OK. At least you have got the basic asset allocation theory right.

Xuzen

VA would be good for those OCB people like the WMK fella..... those with an engineer mindset, everything must calculate to the nearest cent punya.

Xuzen

nearest percentage la
percentage is scale-able and easily comparable

Walao.... you really know what I'm most afraid of hor....
FSM don't sell wor.... how? e-unit trust got or not?

You all say one ma, buy things don't look at price tag, look at value

Now I feel a gush of bad blood wor

Be la value adding a bit la... tipu post count ni

by the book is gd but too cumbersome no freedom.
bean counter no problem, can bare all for u to study.
is the IRR ROI there not correct?


dont know wat u mean......
but i guess u sarcastically meant to say u dont see any problem in that IRR and ROI


What UT to buy?
the list has been displayed often enough here, just buy those,
more so if u see the price drops (not due to distribution etc ),only due to normal fluctuations.
buy low sell high is wat i do.
did that many rounds with Am Asia Pac Equity Income.

Hopefully no more people shouting inflation will eat away
our FD returns. by the way mine is 4.7% return.


bro, my list too long,got another 9 above there....
i suppose Polarbearz excel cannot make mistake if data keyed in correctly right?

Why am I not surprised at all...
Go ahead, and report back after that

U shd join the chinese forum... ppl there love these stuffs
I was told 'don't know switching and buy low sell high not suitable to play UT one la, u think buy blue chip meh'

I LOL-ed and ignored him

It's also a community that doesn't care about asset allocation; EQ funds all the way, very PM style I supposed

The target here is returns. Every one got their own strategy. All roads lead to Rome. It's just a matter of which one arrive faster. But will look into it and see which one is better for me. There's the DCA way and the trading way.