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 FundSuperMart v17 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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contestchris
post Jan 11 2017, 07:00 PM

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QUOTE(ic no 851025071234 @ Jan 11 2017, 11:13 AM)
But it has highest return. And fund is not like stock market where my investment can down to 0 right?
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If you can ONLY buy one fund, I suggest either the CIMB Asia Pacific Dynamic Income Fund or the RHB Asian Income Fund.

KGF is also OK but not diversified enough for a single holding.

On that note, KGF is green since Dec 27! The only fund to be green in every single day since then, even in the days KLCI and other local benchmarks were down.

QUOTE(Benster124 @ Jan 11 2017, 12:10 PM)
May i ask why is CIMB-Principal Asia Pacific Dynamic Income Fund - Class MYR, supposingly invest in Asia region only, but holds 9.01% in equities of Cayman Islands? Namely it has 4.05% of Terena International Inc. ADR in Cayman Islands.

Is this something normal, where an Asia ex Jap fund invest significantly(5th largest country in portfolio) outside of Asia?
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Cayman is first of all in Asia Pacific region. Also I think those are just the Chinese companies listed on the US exchanges.

QUOTE(ic no 851025071234 @ Jan 11 2017, 01:38 PM)
Thnx for clarify. Another question after read the fund fact sheet it mention "as the fund is to achieve medium to long term capital appreciation the fund is not expected to make distribution."

What does this mean? As what I understand from mutual fund is at end of the yr, they will distribute dividend and reinvest back then I will gain in total units. Does this mean I buy 100 units and at end of 10 yr I still remain 100 units? Like that not worth la
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DO NOT CARE ABOUT DIVIDEND IN UNIT TRUST FUND. IT IS A CON!!!

Seriously man. Your net value before and after is exactly the same. It makes zero difference unless you are using the dividend as your income, which is what old people do.

QUOTE(yklooi @ Jan 11 2017, 06:33 PM)
I did,..during the dot com burst....I think it was 2 funds
one fund just inform me that, my money will be transferred to another fund
one fund just inform me that money would be returned to me....

just don't remember their reasons...
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Wow to think some of us weren't even born during the dot com burst...
contestchris
post Jan 11 2017, 07:15 PM

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QUOTE(ic no 851025071234 @ Jan 11 2017, 07:09 PM)
Yea I think I will need diversify my fund after learning more now to reduce risk. Need research more on the fund u mention.
Yep I realise now. It is different from fd interest which I'm used to due to fd I get the return every year but mutual fund is only realise after sell.
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No you don't understand man. What do you mean realise after sell? Dividends don't matter, no matter you sell or you don't sell. Many companies with underperforming funds like Amanah Saham and Public Mutual are conning the public by declaring "good dividends". My own relatives are shocked when I tell them dividends don't mean anything except in the ASNB fixed priced funds.
contestchris
post Jan 11 2017, 07:48 PM

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QUOTE(Vanguard 2015 @ Jan 11 2017, 07:24 PM)
I did a 2nd tranche lump sum investment today for TA European Equity Fund, TA Global Technology, Eastspring Global Leaders Fund and Eastspring Emerging Markets Fund.

Come on Trump. Don't disappoint me and get impeached for no good reason.
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I am considering going all in on US funds soon but retaining 20% local. The Asia/APAC/GC funds have all kind of over performed so far these past 2-3 weeks, and they will likely run out of steam when Trump gets inaugurated. Meanwhile the US funds have been mixed, so far with no substantial returns.

I need to do some more research but I am very worried about the strength of the Asian performance. I am nearly 6% on GC and 4.5% on Asia/APAC funds. Surely it has to hit a slump soon...

Stay tuned as I do more research on this matter.

What do you guys think? Will Jan 20 signal a reversal of fortunes in the short term (3-6 months) for US funds, at the expense of EM/APAC funds?
contestchris
post Jan 11 2017, 08:08 PM

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Guys, I am in the middle of my application.

I just want to reconfirm about the TOTAL/FULL charges of using FSM, cause a few pages ago someone was talking about platform fees.

On their website's FAQ for the question "What kind of charges do I have to pay?", they only talk about the sales charge and annual fund management fee (priced into NAV). They don't mention anything about platform fees.

https://www.fundsupermart.com.my/main/faq/W...e-to-pay-1083#1

Please, can some FSM sifus detail exactly what are the kinds of additional charges levied upon FSM account holders. TQ!
contestchris
post Jan 11 2017, 08:21 PM

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QUOTE(AIYH @ Jan 11 2017, 08:15 PM)
Long story short, ONLY bonds have platform fees? Zero fees payable beyond the sales charge for equities, correct?

Also their matrix for intra-house switching must be wrong since for some funds you need to pay RM25 (unless FSM have a special arrangement with those companies).
contestchris
post Jan 11 2017, 09:25 PM

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QUOTE(wodenus @ Jan 11 2017, 09:23 PM)
Hoa long have you held them?
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2 weeks. Since 27th December.

Edit: It's actually 5.8% for China (3.1% net) and 4.2% for APAC (1.4% net).

This post has been edited by contestchris: Jan 11 2017, 09:27 PM
contestchris
post Jan 11 2017, 09:34 PM

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QUOTE(Avangelice @ Jan 11 2017, 09:30 PM)
over performed? how did you managed to deduce that?

remember every event you see now is just a little ripple in the vast sea. so just make sure you cover all your bases and not keep shifting.

AIYH wouldn't that be considered as eating into the profits too? just wondering how you guys calculate the platform fee and management fee into your irr.
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6% in two weeks...almost always a few more % and there is a regression. Rare to see it keep going up and up.

I am almost 100% certain Trump getting sworn in will shake the markets. The questions are - 1) in which direction, 2) where and 3) how to make an informed decision to profit from switching at such an opportune moment.

Share some thoughts/ideas here if you guys have anything in mind.
contestchris
post Jan 12 2017, 12:06 AM

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QUOTE(AIYH @ Jan 11 2017, 11:00 PM)
Basically global or developed market funds are still heavy weight on US, then eventually having similar performance (at least trend) with US centric market (see graph)

So based on the data available, manulife US will still be the better bet among them.

probably you may want to consider other allocation have different correlation with this segment smile.gif

I planning to reconstruct my portfolio with my recent realization on this, but still need time to study and understand, and most importantly, money  cry.gif  laugh.gif
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Thing is, if it is US-only, you got higher highs...also, lower lows! By adding in additional regions, you add a "stabilizing" factor.

Of course, if you trust US will outperform EU for the year, then just go for the US-centric fund.
contestchris
post Jan 12 2017, 01:44 AM

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QUOTE(wodenus @ Jan 11 2017, 09:28 PM)
Ok.. now that I've looked it over, I think you are reading something very wrong smile.gif that's why you think they are overperforming, which funds do you have now?
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It's true man. Look at the performance of the Asian/AsiaPac/China funds below. Compare it to the Global/US/EU funds. It's clear to see the rally in the Asian stocks vs Developed markets. Soon the tables will be turned.

Day to day performance gain/loss:

user posted image

Cumulative raw performance gain:

user posted image
contestchris
post Jan 12 2017, 08:23 PM

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QUOTE(xuzen @ Jan 12 2017, 02:40 PM)
It is syiok again to see the portfolio inching upwards. Asia-Pac ex Japan is pushing forward after it was beaten down during the last two month, immediately after Trump POTUS win.

thumbup.gif

Xuzen

p/s Port is very green again.
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Be ready for a red Asian market these next 2 weeks. sad.gif

Today all major Asian countries kena whack kau kau (Japan, HK, and China). However, SEA and TW/KR/INDIA still OK.

I really don't know what to do already.

The problem I have is, if I switch my China funds into the Global Titans...it only has 50% exposure to USA. Still will be dragged down by Japan and perhaps Europe.

In Malaysia, there are ONLY 3 exclusively USA funds - RHB Goldman Sachs Large Caps, RHB US Focus Small Caps, and Manulife US Equity.

This post has been edited by contestchris: Jan 12 2017, 08:31 PM
contestchris
post Jan 12 2017, 08:41 PM

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QUOTE(Ramjade @ Jan 12 2017, 08:38 PM)
Why is that? Please explain why do you think Asian market will be red these 2 weeks?

The dollar is dropping because Trump wasn't clear.
When investors/speculators don't get what they want, they will sell.
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Why was there a pullback from the Asian markets today? Isn't it fair to say that this is a reaction to Trump?

Also, given that Trump will be President next Friday, don't you think that at the very least there will be a very short-term sentimental surge in the US markets as American investors pull funds out of the China/Japan region? He whack China yesterday during his speech, and was insistent on implementing trade tariffs on certain imported goods, naming both Mexico and China specifically.

Edit: Unless I am over-reading in to stuff. Hope someone can add their thoughts about this.

This post has been edited by contestchris: Jan 12 2017, 08:54 PM
contestchris
post Jan 12 2017, 11:14 PM

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Guys, WTF is happening? I thought Asia was doomed today, but Europe is trading lower, and USA is down by almost 1%.

Why is everyone taking out their capital, and where are they keeping this capital? Usually if Asia drops, EU/US goes up. Today it is getting progressively worse.

Does it mean there is hope tomorrow morning all these withdrawn US/EU funds will be channeled into Asia?
contestchris
post Jan 12 2017, 11:24 PM

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QUOTE(kd88 @ Jan 12 2017, 11:16 PM)
Notice eastspring small cap have the nickname of kap chai?
Can I know what is kap chai?
Why it has this name?

I am having this fund.
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You betul betul orang Malaysia kah? Samada you India atau Cina atau Melayu atau lain lain...semua pun tahu apa tu kapchai lah!

But seriously, kapchai means something that is old/worn-out/simple but still works.
contestchris
post Jan 12 2017, 11:26 PM

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QUOTE(Ramjade @ Jan 12 2017, 11:21 PM)
Nope. if you read the news, it's going into gold.
Not necessary. Asia can rally if US rally. They can also go the opposite if US rally. Good eg Nov issue. When Trump was elected, the US market rally. Asia follow. Then he gave a speech, US rally more and Asia takes a beating.
You don't know what's kap cai? Seriously?  doh.gif
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Gold mean buy the gold funds, or actual gold? Are gold funds equity funds or commodity funds? Are they investing into the gold companies or into the commodity itself?
contestchris
post Jan 12 2017, 11:28 PM

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Wow man, the NASDAQ and DAX are down by 1%. Surely this is an over-reaction to Trump and not an actual start of a recession right?
contestchris
post Jan 12 2017, 11:43 PM

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QUOTE(Avangelice @ Jan 12 2017, 11:34 PM)
if you have followed the campaign trail from day 1 you will know the promises trump have made have not come true until now and he had already backed tracked a few of those like Obama care, sending Hillary to prison, building the wall cough fence cough and getting Mexico to pay for it.

also go watch the first press conference on YouTube. it's 1 hour long but he doesn't touch any policies that he was pushing for.

hence I do not want to bet all into US. it will come crashing down and those investors will come back.
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I was watching his press conference live man. I actually watch his stuff. Totally unpredictable and unorthodox the way he do things and the things he says.

The moment he said that the pharmaceutical companies are getting away with murder, people started shorting pharma stocks and that sector went down 2-3% almost instantly. Today even lower, not just in US but worldwide too.
contestchris
post Jan 12 2017, 11:45 PM

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QUOTE(Ramjade @ Jan 12 2017, 11:36 PM)
Nope over reaction. Once he start talking concrete facts, it will go up provided "investors" are happy with what he said. Of course if he mess up, US will drop further.  rclxms.gif
If they start coming back, it will be good for me. Why?
1) Potential double digit growth for me. rclxm9.gif  Right now I am about 0.xx% only  sad.gif
2) Buy Manulife US at discount.
3) RM will recover, can convert more RM > SGD
Will topup Manulife US if it drop further as I believed he will be true with his words.
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So if you are anticipating Manulife US to drop, why not switch out of your current holdings? You will "profit" when you switch back in, won't you?

Also, yeah if the US stock market really gets depressed in the short term then it would make it extremely enticing to switch/buy/top-up massively to take advantage of the inevitable rise of American stocks.
contestchris
post Jan 12 2017, 11:55 PM

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QUOTE(Ramjade @ Jan 12 2017, 11:53 PM)
I aren't playing switching here and there. Actually right now on auto pilot. Not topping up/not selling/not monitoring as I am planning to switch over to SG UT (once it's approve). Need ammo for SG UT as their currency 3.13x ours. sad.gif  But will topup if drop a lot. Say 5% brows.gif  Cannot let money sitting ideally.

You are forgetting the 2% service charge every time you buy in. Will only sell say after 5 years.
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Are you Singaporean? Why do you want their fund local fund? Why not buy a Singaporean fund in Malaysia?
contestchris
post Jan 13 2017, 12:20 AM

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QUOTE(Ramjade @ Jan 12 2017, 11:58 PM)
I am a Malaysian la. doh.gif I am not buying their fund doh.gif I am using their platform to buy UT. Why? Simple
1) Service charge of only 0.75%. FSM 2%. Of course one can technically buy at 0% from them if use some tricks but I rather pay 0.75% since my ammo is limited.
2) Their fund perform better than ours (the same region funds)
3) Very very big selection (there's global REITS (but majority in (US REITS), global infrastructure, more US, AP HY bonds at only SGD1k compare to FSM MY which needs min RM10k, healthcare, some nice Japan funds)
4) Money is located in Malaysia. Should we sell our funds, we will still be earning RM.

Lesson learnt from Malaysia:
1) Never buy single country funds like Malaysia. If buying single country funds, make sure it's big (like India and US) - so no SG funds specifically
2) Get your cost down as much as possible (I find 2% is steep)

Better performance:
Let me give you an example.
Henderson Global Tech (mother fund of TA Global Tech) vs Fidelity Global Tech. Fidelity Global Tech outperforms Henderson Global Tech. Both are available in SG site.
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Oh ok. That's really interesting.

How easy is it to make a SG account at FSM? They let a Malaysian make an account there? Will MAS bar you from entering Singapore if you do this? They seem very strict one wor, can't play play.
contestchris
post Jan 13 2017, 12:26 AM

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Wow, the Brazillian market is at over 2.25% right now for the day. I really really regret why we don't have a retail Brazil-focused fund in Malaysia.

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