my emergency cash reserves are in the form of 16k limit in my credit card for first line of defense, second is the two spare jars of money I keep my little change in 50mhr notes in my car and office and by that time that blows I am able to dig into my money market reserves and soon after my foreign investments in my portfolio.


high five. I'm one of them late bloomers. invested 5k into Manulife US equity. same allocation with India.

still mulling on Japan as its economy ties alot on the US economy so I'm happy with my portfolio for the next 8 months

Don't know if i did the right choice but added a huge amount into Manulife's US Equity fund. Pretty positive that the US economy should be pretty good in the Q1 of 2017

Thanks for the enlightment..
Seem many here decide to bet on US and Trump.
My current portfolio (Titan and TA global tech already has some coverage on that region), may look into Manulife US or Eastspring global leader for further diversification.

Oh ya, any idea why Japanese/Aussie fund performance so great for this year? No big policy/political changes-> less speculation ?
Too bad i had run out of bullet.. Christmas, School starting, CNY, need spend more money

anyway i have chat with my public mutual UT consultant who is also my close relative, she think I m monitor UT too closely and keep remind me it's for long term. I actually switch half my PM fund to other inhouse fund that focus more outside malaysia, she do agree my previous fund in PM performs rather bad.

This post has been edited by ivzh: Dec 20 2016, 04:48 PM

Are you generous enough to define 'huge amount' for us ?

I wonder why there is not much discussion here on CIMB-Principal Australian Equity Fund. It is one of the best performing funds in FSM in recent times with double-digit returns from 3-months to 1-year (26.21%). Is it because of its high volatility or not much confidence with Australia?

The gain could come from forex gain rather than confidence with Australian equities.

My definition of huge is small for you guys as I'm just a student that's still isn't working

This post has been edited by shankar_dass93: Dec 20 2016, 04:57 PM

On top of what David83 mentioned, Ponzi 2.0 - one of the popular funds has quite a significant amount of exposure there.

Also banning insurance companies from investing in equities......

Yeah this item was the major turn off, the day when it is publicised, the shares have been going downhill ever since .....

Country specific funds or sector funds are usually high risk for obvious reasons. If something goes wrong with the country's share market or with the sector, the affected funds will sink very fast by -10% or more.

For example, China equity funds sank in early 2016 and the tech funds burst in year 2000. That is why conventional wisdom is that we should not invest more than 10% into each of the funds.

The above rule applies for Japanese fund, Australian fund, Indian fund, REITs etc. The exception could possibly be the US market and used to be the Malaysian market for me (because of the 'protection' by the government).

The rest of our equity funds should be in global funds or asia pacific funds or other funds which cover a wider range of countries.

As usual, my 2 cents worth.

Good point ! Noted.

Well agreed

agreed. hence why I adopt the singular fund approach to each country and do a correlation of each fund via a global fund.

I view my portfolio like a tree. each branch signifying a country its connected to another branch via a bigger branch. everything is interconnected

US market is not an exception, drawdown was 50% in 1998.

Nope, I think you misunderstood me. What I meant is that the US market could be an exception where an investor could invest more than 10% of his portfolio. The chances of recovery in the long run is good even if the US funds dive more than 10%.

LOL that is true.. actually the chances of recovery for any country is good. Most countries are not in recession for long.

This post has been edited by wodenus: Dec 20 2016, 06:56 PM

Could you please help me understand if that was a world recession ? If it was, was USA worse hit than other countries ?

This post has been edited by puchongite: Dec 20 2016, 07:13 PM

Distribution. Together with ponzi 1.

After factoring distribution, it actually dropped 0.03% based on my calculation.

This post has been edited by puchongite: Dec 20 2016, 08:08 PM

Paring Down the Exposure to Fixed Income
December 16, 2016
Author : iFAST Research Team

"we believe a further decline in bond prices will take place in 2017 once the effect of rate hike expands beyond its current status.
Last but not least, investor should pay attention to the currency risk associated with certain bond segments. Due to the disparity in economic development as well as exchange rates between the United States and China, we believe RMB depreciation will likely reduce the attractiveness of RMB bonds in the following year. The rising interest rate will also bring about a surge in US dollar, leaving emerging-market currencies exposed to downside risks.
With respect to the aforementioned viewpoints, investors are suggested to take an overweight position in equity relative to bond. For our FSM Managed Portfolios, we have also increased the allocation to equities."

http://www.fundsupermart.com.hk/hk/main/re...ed-Income-12916

This post has been edited by T231H: Dec 20 2016, 08:48 PM