From what I understand, he bought 10 years ago and it keeps on dropping until hitting bottom 4 years ago.
Who dares to top up when the NAV keeps hitting new low ??

It is common human nature to buy in only when he see there is future prospect. Isn't it ?

Can please enlighten me how to rebalance if this scenario happen to me. Thanks

of cows, water Vs piano?

Price price price
coz Value of dividends & composite of stocks held, time & clarity missing?

This post has been edited by wongmunkeong: Oct 4 2016, 04:36 PM

switch funds to the same fund house and into another equity fund or change your investment into another geographical region

or

sell it off.

or

funnel it into a fixed income fund till the region recovers

honestly even the most basic investor will jump ship after his returns are blood red after years of investing unless and until you absolutely trust that certain company that it would rebound but by then other funds would have popped up

lol I swear this is like the 5th time you mentioned a viet ah moi. hahahaha you need a cheong session bruv. okay that's it from me before someone reports me for derailing.

This post has been edited by Avangelice: Oct 4 2016, 04:38 PM

Thanks for the advice. I think he bang in too big in 1 shot that's impossible for him to switch or chop...lol

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.

This post has been edited by voyage23: Oct 4 2016, 05:34 PM

Let me guess, public mutual agents? PM bond funds returns lose to FD one... how to sell

Besides, bond fund close to zero commission

Once on cari chinese forum an agent tell me off, say it's a disservice to the clients to sell them bond fund because of the lacklustre returns. Ahem, the problem is why the bond fund return so little right? Not because your bond fund sucks so you ask client to take more risk than they are supposed/ready to

May be because Bond fund has close to none sales charge?

You can treat Libra AsnitaBond Fund as an alternative to FD, albeit a bit risk and fluctuation compared to PIDM protected FD.

Just top up like you do for saving accounts whenever you have the money like your monthly savings to accumulate your wealth in a steadier and higher return compare to saving accounts and FD.

I top up bond funds by DCA simply to maintain x% of bond fund in my monthly investment. A great portfolio 'volatility counterbalance' (some word ballkeeper xuzen used that I've forgotten).

Few pages back before the roughhousing, there were chatter about bond funds and DCA by either avangelice or the other bro (forgotten his handle) who introduced me to the Morningstar correlation. Or someone else altogether.

They might have different input.

This post has been edited by wonglokat: Oct 4 2016, 06:41 PM

Portfolio update as of September 2016:

Fund	ROI	IRR
Aberdeen Islamic World Equity Fund - Class A	29.9	7.3
CIMB-Principal Global Titans Fund	16.1	4.8
Affin Hwang Select Asia (Ex Japan) Quantum Fund	31.9	13.1
Eastspring Investments Asia Pacific Ex-Japan Target Return Fund	3.7	1.9
Affin Hwang Select Asia (Ex Japan) Opportunity Fund	5.5	3.8
Kenanga Asia Pacific Total Return Fund	1	0.7
RHB-OSK China-India Dynamic Growth Fund	0.1	0.1

Portfolio ROI: 11.0%, IRR: 2.9%

Wah, like this also called 'heated debate'? Sing song, tok cok also can say heated debate meh?

Universal truth like buy cheap, buy at basement price bargains also need to have mathematical proof to show advantage over friend? So high class one the discussions... 3 days long weekend no go holiday or jam the malls?

I top-up 2 weeks ago, so damn regret la... nav price drop 1% last Friday, should have waited till Friday.
If it drop again next 2-3 weeks another 8-9%, more regret la...

But ask me in 10 years time, what's the returns, hopefully I can boast "don't know la, maybe 110% or just above 120%... for sure more than 100."

In 10 years time, I would also forgot what's the NAV price I bought, and what's the 'rugi' I didn't buy at cheaper price. No luck... already buy, then price drop... buy somemore, price drop again.

Always no luck, so keep on buying...

Wait, dont' say no luck... don't talk like newbie... be more 'veteran' - "I'm using DCA method".



==============

Bond funds is for old folks without fresh funds... no risk, no thrill.

as at 30 Sept....


Attached thumbnail(s)

Hey, why the 'malu' face? Is it because your returns is not doing great and cannot show others that it is better than theirs? We already know that the journey was started on the wrong foot and did not began well... that's why the low IRR.

If you already revamped the portfolio with new funds... then be patient and let the 'investment' grows on its own. The ROI should be moving up and down - this is normal with equity funds, and when it represent a major portion of the portfolio.

If you want it to move upwards in more or less a straight line, then have more MM and bond funds...

If you are more or less maintaining the same nest egg without regular income to add more every month to the nest egg, maybe it is about time to leave the more risky (and volatile) funds to the youngsters.

Cheers.

looking at yr chart....
your ROI fluctuates a lot, yet the IRR is smoother.
will that means, as your portfolio aged into longer terms......the higher volatility of your ROI will have minimum affect to the IRR?
which means, if solely looking at IRR,.....you will still feel comfortable with high volatile funds in your portfolio?

My CIMB fund until now also didn't grow much :/

Possible answer(s):

1) You are a young person, so they thought perhaps bond fund is too conservative for you.

2) Industry compensation structure. UTC are "penalized" for promoting bond fund by being paid half the commission for regular equity fund.

3) The UTC knows SH1T about asset allocation or how to construct a proper portfolio and are trained by their upline to be pure salesman only.

Xuzen

Friend,

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

Xuzen

Below is my Main portfolio September performance based on 30/9/16 NAV.

			Jul	Aug	Sep
Overall		IRR	12.21%	10.56%	10.65%
Top 3 Funds	% of Port
AmPrecious Metal	8.2%	IRR	75.7%	59.24%	56.52%
EI Small Caps	4.5%	IRR	19.14%	15.92%	16.83%
CIMB Greater China	3.0%	IRR	9.54%	13.09%	16.04%
Bottom 3 Eq Funds	% Port
RHB Smart Treasure	2.5%	ROI	-1.16%	-13.98%	-11.14%
AMB Ethical	4.6%	IRR	-3.56%	-2.03%	0.0%
Manulife REIT	4.0%	ROI	NA	NA	0.4%

Better than your Public Mutual Thread leh.... there only you kaki kong, kaki song!

Come here more often friend, here more tok kok, sing song wan!

Xuzen

This post has been edited by xuzen: Oct 4 2016, 09:17 PM

My goodness you certainly have quite many funds. % of portfolio like 5% each, then you will need 20 funds. LOL.

50% of my portfolio is in fixed income. Also due to legacy funds bought over the years, the amount is quite small for each. Equity spread over small caps, Malaysia focus, developed market, APAC/EM & resources. Some small one just waiting to sell off. Each market allocated only 1/6 except APAC/EM 2/6 of the 50% for equity.

This post has been edited by kimyee73: Oct 4 2016, 09:34 PM