finally out of smart treasure. boy that ride was not fun.

Not really "new" funds. I was referring to Eastspring Emerging Market Fund, Eastspring Global Leaders, TA European Equity and TA Global Technology. Win big or crash out in flames. 
Comrade,

This means that AmAsia Pacific REITs can only invest in REITs. In contrast, AmAsia Pacific Reits Plus can invest up to 30% (if the mandate has not changed) of the fund directly into real estate or properties stocks.

In short AmAsia Pacific Reits Plus is more high risk.

My 2 cents view, AmAsia Pacific REITs is currently less volatile but offer much high returns than AmAsia Pacific Reits Plus. So the WINNER is clear. We are referring to AmAsia Pacific REITs.

Mobile financial apps are usually written not to remember the user name and password, ie every time one has to relogin.

If you use a mobile browser to login, and it usually is set to remember username and password, that is more terrible than an app. If one steals your phone he will be able to relogin using Chrome or Firefox, but cannot relogin using the apps.

The same happens to many of the Internet banking apps.

In other words, apps are actually safer ( if the apps have been written following safety ).

Didn't you see my other post which says the mobile app is nothing but buggy ? 
Another way of recovering from it if you rooted your phone :-

1. 'Force closed' FSM mobile app.

2. Delete these two files :-
      /data/data/com.ifast.fsm/app_webview/Cookies
      /data/data/com.ifast.fsm/app_webview/Cookies-journal

Doing this is able to keep the data you entered previously intact.

Bro, please google and read more on REITs. it is less risky than investing directly in real estate stocks.

I found an old article that gives "a brief explanation on what a REIT is, the benefits and the risks involved"
https://www.fundsupermart.com.my/main/resea...-Nov-2012--2876

hope it can help abits....

Hi all,

What are your thoughts on Manulife US Equity fund as an exposure to US equities market?

Thanks!

1)

[attachmentid=8282652]

diversification. apples to oranges. Manulife US =/= TA Global in terms of the allocation the funds invest in please look into the fund fact sheets

2)

The NAV price of the fund that I'm interested in is quite high now, should I stay away? Investment gurus always say "buy low, sell high"...
» Click to show Spoiler - click again to hide... «
First of all, understand what is NAV price. I always like to explain things by using simple examples. Here goes...

- Fund ABC issues 1 million units at Initial Offer Price of RM1.00 per unit.
- As such, at Day 1, NAV of ABC is 1 million units x RM1.00 = RM1 million. NAV price is RM1.00.
- After the end of the Initial Offer Period, ABC starts to operate, it starts to invest.
- Let's say ABC bought RM200,000 worth of Maybank shares, RM300,000 of Dutch Lady shares and RM500,000 of BAT shares.
- Let's say after 1 month,

Market value of holdings
Maybank RM180,000
Dutch Lady RM360,000
Guinness Anchor RM400,000
BAT shares were sold off during the month
Total value of equities held: RM940,000
Cash: RM50,000 (dividends received from BAT)
Total value of net assets i.e. NAV: RM990,000
NAV price per unit: RM990,000 / 1 million units = RM0.9900

Ah Beng says: "ABC is now cheaper, can buy!"
Answer:
NO! You cannot determine the "cheapness" of a fund by looking at its NAV price alone. We can only deduce that the ABC had made an NAV loss of 1% during the 1-month period, but you cannot say that it is "cheap".
The fund could have bought Maybank when it was overpriced, and now its holdings of Maybank had gone down 10%. Maybank is now cheap!
Guinness Anchor could be oversold, thus ABC sold its holdings of BAT and bought into Guinness Anchor. Another undervalued stock in ABC's holding!
However, Dutch Lady have rallied 20% in the past 1 month, it could be overbought i.e. expensively valued now.

Simply said, you determine the "cheapness" of a fund by reference to its underlying holdings. The NAV price CANNOT give you a single clue as to whether it is an opportune time to buy into a fund.

Let's say u are looking at a fund which focuses on plantation stocks. Plantation stocks on the KLCI could be oversold, went down 20% in the past 1 month yet the fund only recorded an NAV loss of 5% in the same period. You might think, "aiya, only -5%, the fund is still expensive, don't want buy in now lah". But you could be terribly wrong; it could be that the fund was sitting on a heavy cashpile during the past 1 month, hence it did not lose much. But plantation stocks are now trading at a discount, it is an opportune time for the fund to buy!

Of course, all this is based on the assumption that the fund manager is not stupid. tongue.gif
If the fund manager still sits on its huge cashpile and refuses to enter the market, then later when plantation stocks rally up 30% the fund could still be sitting there with -5%/+5%.

PAGE 1. READ IT. if don't know what I mean. READ AGAIN.

sorry. not a sifu as there are better masters than me I am just trying to do my part to help around by passing knowledge I have learnt.

Once you have reach your target allocation you can begin to focus building your other funds. I don't know if you have seen one of my post about baking a cake but I'll try one more time  just for you.

building a portfolio is just like baking a cake. you have the base for the cake which is the flour and eggs and butter now think of those as your fixed income funds and balance funds.

they will prop up your portfolio so you can begin to add the frostings, garnishes and decorations which are expensive aka equity funds.  you have many ingredients and brands (funds) to choose from so you choose the best brand names and stick to them. of course there's a ratio. too much frosting the cake tastes bad. too little and it doesn't look good aka you find it hard to sell to people (return)

over the years you change your recipe as you know more brands but essentially your flour and butter stays the same.

Hope this helps.

summary.
stop adding sugar. time to go shopping for a chocolate bar.

PS which fund isn't doing good?

KUALA LUMPUR: RAM Rating Services Bhd expects less participation by foreign investors in the Malaysian bond market for at least another quarter, until the onshore foreign exchange (forex) forward market becomes more established.

The local rating agency said the US Federal Reserve’s recent lifting of the federal funds rate and subsequent signal of several more to follow in 2017 may see foreign investors price in this rate normalisation in the coming year and this could also exacerbate the decline in foreign participation.

“Other uncertainties such as US President-elect Donald Trump’s much-anticipated policy direction and the Organization of the Petroleum Exporting Countries’ commitment on oil output could further influence the direction of global fund flows,” it noted in its latest issue of Bond Market Monthly report released yesterday.

“That said, we still expect some capital-market volatility despite the reduced level of participation on account of lingering external uncertainties,” it added.

Following Trump’s unexpected victory that has heightened uncertainties, RAM pointed out that the Malaysian bond market saw the largest net monthly outflow to date of RM19.9 billion in November 2016. The value of foreign holdings stood at RM221 billion as at end-November 2016, an 8.3% month-on-month drop.

who else is still holding Malaysian bond funds? have a read at this