saw this on FSM MY website.....



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staffs going on holiday on epf and fsm ends

Able to outrun unofficial inflation.

You smash them so hard on their stories, you think they will be echoing something similar ?

I suspect these fund houses makes their primary money from full local funds or local-heavy funds, other funds are feeders which they wont make enough to even cover the operation.

This post has been edited by puchongite: Dec 19 2016, 06:57 PM

One thing very funny I notice.

CIMB PRINCIPAL Greater China... I went to see the 1-3 months of their reported top holdings. All on downwards trend yet the fund recognize a 3 months gain.

Can't understand... so they have been trading a lot or realizing gain from the remaining 50%?

on second thought. you may be right, just remembered the article someone posted this morning. no sane company will kill off their main source of income. if everyone don't invest in Malaysia who will. brilliant deduction!

Haha to tell you the truth i made similar (rough) analysis before. Yes, quite puzzled.

Wanted to call up FSM but was too late to do it today.

So here is my question, I invested RM1K into Manulife US Equity Fund and received an email later stating that each unit was purchased at RM0.5176.

I realised that FSM has finally updated my holdings on their website and it shows there that the weighted cost of each unit is prices at RM0.5286.

Feeling a little confused here.


Or wait a second, weighted average cost includes the 2% sales charge and 6%GST right ?

This post has been edited by shankar_dass93: Dec 19 2016, 07:39 PM

Hi Sifus,

I am new to FSM and unit trust. I have just created account with FSM with the objective to save in PRS. Anyhow, I am also interested to invest UT in FSM as well. Where can i learn more about UT in FSM?

Thanks.

What do you want to learn about UT ? Like how it works etc ?

Q:
How do I calculate the amount of units? (Bid/NAV Priced Funds)

Q:
What is Weighted Average Cost (WAC)? How do you derive WAC?

https://www.fundsupermart.com.my/main/faq/0...tribution--1083

Thanks bro.


Was driving when i checked my holdings and started pondering how the hell was that price computed.

FAQs
https://www.fundsupermart.com.my/main/faq/introduction.tpl

If you're a novice investor -- or you're looking to brush up on a specific investing concept -- this is the place to start. We've tailored this section to give you the investment foundation that you need. 
We believe it is important that you first acquire this knowledge, because only then would you be able to take charge of your own financial planning and be great at managing your financial wealth. 
Those of us here at Fundsupermart believe passionately that unit trusts are the best investment instruments to help achieve our long term financial goals. So here, we'll show you the basics of financial planning, tutor you on the finer points of unit trust investing, and help you make better investment decisions!   
https://www.fundsupermart.com.my/main/school/school.svdo

MOF: Don't panic, ringgit will bounce back

"Asked on the fair value for the local currency, he said: "It depends at what point you come in, if you come at 3.30-level you would want the ringgit to be at 3.30 and if you come at 3.80-level you want it to be at that level."said Second Finance Minister Datuk Johari Abdul Ghani."

http://www.thestar.com.my/news/nation/2016...ll-bounce-back/

with that kind of response/reply from a MOF minister...I am REALLY Panic.....

I think some posts by forummers in LYN gives better reasonings than that.....

now you know why I stay away from Malaysia for the time being. jokers all round in the MOF and BNM

Hi guys, I started FSM 6 month ago, was silent reader here, this is my current portfolio, capital around 40k.

Ponzi 2.0 + and it's PRS counterpart - near 40%
Ponzi 1.0 10%
Am reit 10%
Cimb Titan 10%
TA global fund 8%
RHB emerging Bond 12%
KGF --> switched out to Affin Hwang Select Bond fund recently when it's introduced 10%

I usually DCA monthly accordingly
I found i m too heavy on Ponzi2.0
my plan for 2017 -
-rebalance my portfolio, reduce allocation in ponzi 2.0 to around 25-30% , only contribute to it's prs counter part.
- KIV increase allocation for Titan fund, to around 20%. Abit cautious here...
- maintain the allocation for other UT
- will maintain EQ:FI 80:20
- considering adding new fund into my portfolio, may be a 5-10% in cimb principal australian equity fund next year

any comments?

very good! maybe you can think twice about investing in aussie as it is going through a turbulent time. would suggest you add in India into your portfolio if you want a replacement for Titan you can try looking into Manulife US equity.

This post has been edited by Avangelice: Dec 19 2016, 09:08 PM

Yes. Because it doesn't make sense. Even if you average down, NAV price shouldn't go up. I dunno if RMB is strengtening against MYR, but I doubt so.

Which means there is no correlation at all between holding share price performance or index performance against NAV price. So investing in this fund is pure luck, appear so...

explains perfectly the Peoples Republic Of China and that same feeling when you deal with them. approach the dragon with caution and you will be rewarded. make one wrong move and snap there goes your arm.

jokes aside. I never had the habit of reading indepth reports as it is something I have no control over. it either performs or it doesn't.

Decided to make a small gamble on that fund. Bought in today. See how it perform in a year.

I foresee top up opportunity on funds after Trump be in office