I received it every year since I started using FSM for UT investment.

Every year, I was hoping FSM will give me service charge special discount voucher in the angpow. Of course, that never happened. 

I thought it is a discount voucher also, but it ended up as Wishing you a happy CNY. Haha....

OMG...this is leesoookyee u all talk abt?
so special taste.
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I rather they don't charge bond fees instead of giving angpow. Will look into eUT to prevent them for charging in the future  

Ok, this is what I'm taught + what I try to practice

Rebalancing - Say the intended allocation to global/developed market funds is 15%; and at the moment it forms 18% of my portfolio; so I would switch out the excess 3% into other allocation which is currently less than intended allocation, say Malaysia equities and Msia bonds.

For accumulation phase, the 'rebalancing' can be done through VCA; instead of buying various funds using intended allocation; I'd stop buying global/developed market funds and focus on the under performing allocation like MY EQ and MY FI until it goes back to my intended allocation

As to how to tell if a fund is the top pick of the segment - do peer comparison lor. Now I like to use https://iportfolio.com.my/screen
But don't jump ship every month or quarter la; the fund performance tend to fluctuate depending on fund manager's strategy. ponzi 1.0 is a good example; if you look at 3 years returns it's not fantastic; but 5 year and 1 year is quite good
On cari chinese forum the FSM rep say all members are entitled to 1 packet; even the platinum members. And for those people who registered for 14/1 event, there would be a pack in the goodie bag as well

I think that forum been mentioned many times not just by me
Differences that I could tell:
- Chinese medium
- the FSM rep is the TS for an official FSM thread in that forum; not super duper active but would show up to answer queries every now and then
- FSM folks confirmed over past events that they do monitor lowyat FSM thread but do not officially participate (based on feedback from others, I've never attended their events)

If I have to speculate, I think the chinese forum used to be mainly dominated by Pub Mut agents and therefore they see a need to have a voice? Not sure. There's also kenanga agent and CIMB agent there talking about funds from their fund house. Generally the investing style over there is more pub mut style - long term so 100% single or few equity funds only. Bond funds are not popular over there except the crazy volatility ones like ATR and EM bonds

May be you can raise to them to have interaction with lowyat as well?

[基金] Fundsupermart：酒逢知己千杯少，話不投“基”半句多？

sometime fund manager will decide to "close shop" certain fund if assets under management is not large enough to run economically.
you can follow up the recent announcement on EI indonesia fund, to know the fate of the investor money.

p.s you can get all the fund size info via the FSM fund selection page, to know the big and tiny size fund there.

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

Platform fees only for bonds. For equities, you pay one time service charge only.

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?

Be ready for a red Asian market these next 2 weeks.

Might be unlikely due to CNY rally in HK.. but then again who knows.

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?

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?

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.

Ya I saw lol. No matter what the outcome the action is still continue to buy. And no fear cos the fund is diversified. Not depending on specific market.

I did not look at his port in detail but I sort of captured the existence of some funds such as precious metal, gold or something, which are much higher risk funds which we normally don't discuss here.

I wonder if these have significant role in bringing his port to it's level ( or it has worsened it ) ?

Which 1 is dividend paying stock? Maybank? Nestle? I'm thinking to invest in that too. How much return can get?

Eastspring Global Emerging Market Fund. Going Strong !