But Manulife focus 50% in Singapore

AmAsia is more diversified

I guess in depends on your preference

For CIMB funds, u need to have initial investment before you can initiate RSP

For PRS funds, you can only do RSP once you placed your initial investment

Look for longer term, and compare with at least 3 funds in same league

Plus rhb got switching fee rm25 per intra switch

Why they remove the new account holders' RSP benefit?

They should revised their RSP structure, like RSP further discounted SC as a tradeoff on strict monthly date compared to normal DCA

MY kap chai and esther bond is still awaiting their distribution

Fixed Income:
Affin Hwang Select Bond Fund -> Asia Ex Japan with currency hedge
Libra AsnitaBond Fund -> Malaysia Islamic

Dividend Stock:

AMB Dividend Trust Fund and Eastspring Investments Equity Income Fund -> Both Malaysia and similar performance, might need additional study, if you happen to know, can share here

CIMB-Principal Asia Pacific Dynamic Income Fund -> Asia Ex Japan Equity
RHB Asian Income Fund -> Asian Ex Japan Balanced Fund

Erm... the NAV itself was already inclusive of annual management charge, which is deducted daily, and reflected in daily NAV

Orange Colour = Nomura Funds Ireland-Global High Conviction Fund -> NOMURA GLOBAL HIGH CONVICTION FUND - MYR target fund
Blue Colour = M&G Global Leaders Fund -> EASTSPRING INVESTMENTS GLOBAL LEADERS MY FUND Target Fund
Pink Colour = Pioneer Funds - U.S. Pioneer Fund -> MANULIFE INVESTMENT U.S. EQUITY FUND Target Fund
Green Colour = S&P 500 Index
Yellow Colour = MSCI ACWI


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I am not sure how bloomberg price in the currencies difference, because the M&G Global Leader Fund is in Pound Sterling

But we are bringing nomura in the discussion which it doesnt have enough historical data to compare in FSM ringgit terms, hence, only bloomberg (afaik) can give the alternative comparison

For global wise, if you want to compare, long term wise, Titan actually outperform EI leader and rhb global fortune, although in 3 years time fortune provide better RRR than Titan

However, Titan had similar performance with Manulife US on 5 years term, but both turn out to be pale against s&p 500

We simply do not have enough expertise to have satisfactory mutual funds/ETF available in Malaysia to outperform S&P 500, unlike our neighbour Singapore


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Yes, but our local fund house can choose the target fund right? why pioneer when vanguard or fidelity?

Yes, but if you try to compare performance on US, DM and Global, most actually correlated, having the same trend albeit different magnitude, shows how much these regions are dominated by US performance, because most of them have major holdings in US region

That is why xuzen didnt invest in these funds, rather just US market

If you want regions other than US influence, suggest to look for funds without or minor US region investment such as asia pac or EM or pure europe or japan

we dont just compare solely that fund with its benchmark, there are other funds which track the same benchmark, there are also investing in US

From here, you can see how fidelity clearly outperform SP500 compared to pioneer, even so for fidelity to outperform sp500 in 10 year terms which the graph I shared previously few pages back


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Come back and join the discussion

Bombard those who actively trade UT?

Take note that you need to pay platform fee while you have your money there

Else, you are right

Sometimes, with lower sales charge in online platform, you can get a smilar deal, if not better deal than only PM itself, more diversity.

Source : iportfolio.com.my (based on monthly month end data)


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define diversification method

everyone have a different underlying assumption and approach towards the so call diversification method

Depends on where the focus portfolio invest in.

If you invest only in US in the past 3 years, obviously your return will be superior compared to diversified portfolio

If you invest only in Malaysia in the past 3 years, obviously your return will be inferior compared to diversified portfolio

Because focus portfolio require luck and timing, for example if you know trump will win and invest purely in US market prior election, you will obviously earn more

But prior election result, many expect clinton to win, so you can see that betting at the wrong horse will drown you

Is hard to say whether a diversified portfolio will actually outperform ASB all the time due to several factor (e.g. global economic crisis)

The best I can say is that, invest in diversified region, for each category, select the best among the peers, FSM have such a tool to compare as well as a portfolio simulator you can construct to visualize its performance based on past results.

And also spend the time to read the selected fund's prospect, FFS and annual report to understand the fund breakdown and see whether the fund holds the potential future in short term or long term

Just bear in mind that past performance dont necessary represent future performance, but compare among peers may show which fund is resilient

This post has been edited by AIYH: Jan 19 2017, 09:47 AM

You are able to get that amount of loan in such a low rate?