I think once in the early years when a bond defaulted. However with 10 years worth of data, I strongly believed in this fund. Some more everything is Shariah nowadays.

To complicate the matter, please also look at Affin Hwang Select Bond Fund ? Performs better than rhb Islamic bond right ?

from the prospectus...
https://www.fundsupermart.com.my/main/admin...nceMYOSKCMF.pdf



Attached thumbnail(s)

Not sold by FSM and need to go to bank and kena charge SC

Extreme low 3 yrs annualized volatility of 1.05

what is the purpose of selecting a BOND fund?
just so that it has a place in the portfolio? people have some, so should i have too?
or it is to reduce the volatility of the portfolio and not so much of its returns?..for the FI 1~2% extra ROI variance can be easily make the 3yrs annualised volatility % to be higher by 70~80%....
if want more chances of ROI and don't care abt volatility and a BOND fund for (dia ada, saya pun mahu FI asset class)...try ATR or EMBF

just wondering...

This post has been edited by T231H: Nov 2 2016, 03:48 PM

Anita also in Islamic money market and Sukuk...

My investment portfolio only has RHB EBMF this bond fund (excluding Asnita)

I invest in this bond fund is also for geographic diversification (simply because the equity counterpart doesn't suit my allocation)

RHB islamic is older than Anita.

Hi guys, any good PRS fund to invest?

I saw Kenanga PRS fund did well in the past

Usual disclaimer:
Investment involves risk.
The price of securities may go down as well as up, and under certain circumstances an investor may sustain a total or substantial loss of investment.
Past performance is not necessarily indicative of the future or likely performance of the fund.
Investors should read the relevant fund's prospectus for details before making any investment decision.
An Investor should make an appraisal of the risks involved in investing in these products and should consult their own independent and professional advisors, to ensure that any decision made is suitable with regards to their circumstances and financial position.

The above is a post from Nexona which he posted at ASNB thread. Friend Rexona, tumpang your post sekejap ok?

Fund size = MYR 21.983 B
Units in circulation = 18.193 B

NAV = Fund size / units in circulation = MYR 1.21 per unit.

However, the NAV is fixed at MYR 1.00.

Lets say they declare 7cts dividend (follow historical trend). That means you get MYR 1.07 per unit. What happened to the remaining 14cts. Are you entitled to it? Mana perginya MYR 4.2B 14 sen itu?

Xuzen

This post has been edited by xuzen: Nov 2 2016, 04:36 PM

Different geographical area la, Select Bond is asian bond although it's quite heavy in Malaysia. But if you compare its volatility is very impressive actually

Nola boss, RM21.983b is approved fund size, quite a meaningless number actually. Same as your authorised share cap. It's very different from fund size in VP fund context

Not to start a fight, become part of the reserve. When will reserve be used?
(i) to topup dividend declared so one will always get 6.xx% p.a
(ii) to pop up the NAV so it's always RM1.00

Source:
From insider who said that's how they work (few months thread back)

So are you entitled to the reserves?
- Yes when Malaysia economy is bad, everyone getting (-) returns the holder will still get (+) returns.

Would you be able to find back and quote that post?

Interested to know

Like that also can ? Reserve is not a fair system for people who enter the market at different time !

LOL, fairness is not an important consideration for most people

But let's not encourage our fren to come kecoh again, I'm getting so tired of his comments. Tak habis-habis

My stance is simple

Make informed decision. If after you are aware of how things work for each product, then whatever you decide you can stick to it

I have a problem when people are not informed and hence I will try to show the facts for each product, be it good or bad

Forgive and correct me if I spoke something stupid

But doesn't ASx FP's reserve worked similarly like company's retained earning?

You are vested in the FP funds right? You should read their accounts

The financial statements doesn't come with balance sheet, so the 'reserves' we don't know how much is it, whether still got or already depleted. Whereas for companies, you can see and then factor it into the share price

I used to call it black box, but people don't like it so I don't use the term anymore

This post has been edited by dasecret: Nov 2 2016, 05:31 PM

Now I understand

Only their VP has balance sheet (statement of financial position right?).

FP really lack that

But the 'reserve' info can't be obtained/deduced from P&L or comprehensive income or cash flow statement?