0.87 is USD correlation? the one posted back in Dec'15 is in MYR terms and probably more relevant to us. We had this disccussion 2 versions back I think

Even GTF and AIF is considered highly correlated when I scan it using the Morningstar free account USD terms correlation

how did you generate the correlation table? i login into Morningstar -> created a portfolio -> X-ray, but the correlation table is not there am i looking at the correct section?

See the pdf document on top. The correlation table is inside the pdf document
Anyway this table not generated by me. The one from free Morningstar account is in USD terms and will show 0.8x

Yup. Target is min 10%. Following your strategy but won't sell.

This post has been edited by Ramjade: Sep 29 2016, 05:53 PM

still no where to be seen, please spoon feed further ;p , actually I was trying to see the correlation between CIMB Asia Pacific Dynamic Income and RHB Islamic Regional Balanced fund, although i can compare both at the country allocation from their fact sheets, just wanna know an alternative tool

All market also up. Not a good time to top up. Those regular DCA ok lah.

What was your excuse in first quarter of 2016 when all market was bleeding? Too scare to enter?

Now market is recovering from that bloodbath, you say market is too high pulak?

If always like this so undecided and let fear and over-analysis paralyzes you, then, just stick to DCA. no emo attached. just pure logic and grit. Be cool!

Xuzen

As for me, my goal is to grow my portfolio at rate of 10% p.a. at least - when profit is growing, I keep my ammo. When portfolio VALUE growth rate falls below 10% p.a., I top up. This is my Dollar VALUE Averaging method.

This post has been edited by Pink Spider: Sep 29 2016, 08:06 PM

Top up a bit should be fine..
If going big, then good luck..

I thought you top up when 1-year return is below your long term IRR?
You told us so, didn't you?

"smart" isn't quite the right word.

Cautious, balanced, risk-adversed, stability-seeking, want-to-avoid-heart-attack... etc, yes.

Smart, dumb...etc, no

All to do with personal investment objectives, risk-tolerance, investment time-frames... etc.

If you are looking at maximizing returns over the long term, the correlated coefficient should not be in your list of things to worry about.

correction. maximizing potential of returns would be making sure most of the funds aren't correlated. why buy the same funds when you should be investing in other funds.

That is a very reasonable comment.

I agree with you, as far as possible we should not imply that to do otherwise you are not smart
or worse still hinting others are dumb......

I am sure everyone can agree there's more than 1 way to skin a cat.......

ultimately what matters is the bottom line,
how much money you made ?
over how long time period, with how much cost put in,
overall IRR for a 3 year period at least.
the longer period the better.

also true for the opposite. need to be careful not to buy negatively correlated funds coz its gonna offset each other

that was what xuzen has been telling everyone

No, you aren't correcting anything when you don't even understand the point.

Aren't correlated means if one up, the other down, and vice versa.

Therefore, you are just averaging, not maximizing.

actually, arent correlated means they dont affect/follow each other at all.. one up, the other could be up, down, or sideways...

Yes, no problem. I was keeping it simple.

The main point is, you are not maximizing (or minimizing), because you are balancing because you are avoiding them all going in the same direction at the same time.

Hi FSM players, I plan to top up equally to these two funds:

1. ES small cap
2. CIMB global Titan

I chose these two funds as they performed well in the fsm simulator. 50% on each. Do you guys think it's okay or should I bring in some new funds into my portfolio? Ps. Young guy here looking for capital appreciation

I agree with Howszat in principle.

to me that way is more for minimising the risk rather than for maximising returns.

buying only "uncorelated" UTs hoping to maximise return is like hoping something like the KLSE
of the 90s to come back again........any share and every share you buy also you will make money......
........... i wonder when is that going to happen again.

you must hope every sector,every country all going up at the same time in tandem..

you cant have the cake and eat it too....
you cant have 1% risk wanting to gain 30% return, metaphorically speaking....

This post has been edited by guy3288: Sep 29 2016, 10:50 PM