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

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Avangelice
post Dec 27 2016, 08:47 AM

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QUOTE(contestchris @ Dec 26 2016, 10:03 PM)
Atm I don't got an account with them. I see they got a bit more offering than CIMB Clicks, but CIMB Clicks already offer all that I want. Except for narrow focus BRIC or Brazil funds...both also don't have!
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so know this is not the fault of the platforms but rather our government initiative to "protect" or something along that lines. hence why we have a quarter of the funds available to Singaporeans.

Anyways gooooooood morning brothers! anyone doing some last minutes new years week shopping or everyone is waiting for next year to start toping up?
Avangelice
post Dec 27 2016, 11:35 AM

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QUOTE(wodenus @ Dec 27 2016, 10:07 AM)
Rebalancing now, just completed next year's portfolio smile.gif
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mind to share next year's portfolio buddy?
Avangelice
post Dec 27 2016, 11:39 AM

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QUOTE(wodenus @ Dec 27 2016, 11:37 AM)
Probably wouldn't be right, I wouldn't mind but it's not my money smile.gif
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lol either wife's one or family but not asking how much is in the portfolio but the allocation into what fund bro. lol
Avangelice
post Dec 27 2016, 01:47 PM

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KUALA LUMPUR: Eastspring Investments Bhd has declared income distributions ranging from 2.72 sen to 4.44 sen for three of its existing funds.

In a statement Tuesday, Eastspring said the three funds are Eastspring Investments Small-cap Fund, Eastspring Investments Balanced Fund and Eastspring Investments Bond Fund.

For the Eastspring Investments Small-cap Fund, it declared a gross distribution rate of 3.38 sen or dividend yield of 5% as at Nov 15, 2016. For the Eastspring Investments Balanced Fund, it was 4.44 sen or 4.5% dividend yield. As for the Eastspring Investments Bond Fund, it declared 2.72 sen gross income distribution.

Eastspring said all unit holders who have maintained their unit holdings in the funds as at Dec 23, 2016 will be entitled to the income distribution.

Note to all eastspring investors.
Avangelice
post Dec 27 2016, 07:43 PM

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QUOTE(rajivshm @ Dec 27 2016, 07:31 PM)
Guys, need some advice. Early this yr I invested in cimb global titans. Just minimal amt of 500. Now, it has grown up with 15% returns. What shd i do? Should i sell it off? I believe it will go back down one day... Need some advice what to do...  Just keep or sell it? Or buy more? I don't have urgent need for the money but if i sell i will buy other funds. Thanks
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so you plan to sell it off just because of 75myr invested within a year? I would highly not recommend doing so as it will appreciate further next year. please look into the definition of capital appreciation and compounding interest

my advice is for you to start building up your portfolio with other funds with money that you don't need. 75myr won't get you anything bro.

also when you purchased the fund you were charged a sales fee of 2%. so in retrospect if you were to sell it and buy another fund you will be charged another 2% so in total your 15% has become 11% so your total return is just 55myr

This post has been edited by Avangelice: Dec 27 2016, 07:52 PM
Avangelice
post Dec 27 2016, 08:10 PM

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QUOTE(contestchris @ Dec 27 2016, 08:02 PM)
Guys, I need a very basic explanation as to which day prices are used when doing the following:

1) Buying

2) Switching

3) Selling

So for example, I put in orders for buy/sell/switch last Friday night (23 Dec). Can you give me an overview as to which day prices will I be "charged" for my purchase, how the switching would work, and which day prices will I be given for a redemption?

Thanks!
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as long as you have done the process it will be priced on the day itself. that's same with buying and selling. buying and selling has T+2

for switching is different.

Inter house switch

The switch-buy order will be transacted on T+5 business days. This is to ensure that the proceeds from the switch-sell will be available for re-investment. This means the switch-sell price of your fund will be based on T date and the switch-buy price of your new fund will be based on T+5 business days later. In total, it will take T+9 business days for your Inter Switch order to be completed and display in your holdings page.

Intra house switch

This process will be completed and updated in your view holdings T+4 business days later.

Both selling price of the switch-sell order and buying price of the switch-buy order will be based on the same day (T date).



Avangelice
post Dec 27 2016, 08:18 PM

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QUOTE(contestchris @ Dec 27 2016, 08:14 PM)
So my Friday night order based on Friday daytime price or Tuesday price? Cause I bought Eastspring Small Cap, that just fell more than 5% in one day. Like that I lost 7.5%+ in one day! (including sales charge)...bad start sad.gif
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your Friday night order will be priced on Tuesday. that's why I never do any purchases near a weekend. the best time to buy is on Wednesday and Thursday mornings.

also you purchased Eastspring small cap during a turbulent time. I just switch it out with eastspring emerging fund. luckily I lost 2% from small cap only. heard it vomit more blood after I sold it off.

that's the price you pay for investing in Malaysia at the moment. suggest you just close your eyes and ride the storm.
Avangelice
post Dec 27 2016, 08:20 PM

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QUOTE(chyz66 @ Dec 27 2016, 08:18 PM)
From what i saw in the list at FSM, there are 2 types of AM Asia REITS, one is class B- MYR & another is Am-Asia REITS PLUS.

What are the differences?
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we just had the conversation a few pages ago bro.

tldr
plus has higher volality compared to class B with class B having better returns
Avangelice
post Dec 27 2016, 08:41 PM

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QUOTE(contestchris @ Dec 27 2016, 08:29 PM)
Also guys, how come some funds have latest price at 27/12, some others have latest price at 23/12? So complicated man! I don't even know which day price I will be paying for my buys.

So assuming my transaction went through today, will I be paying for the price published today (for 23/12) or for the price of today itself (27/12) which may be published in 1 or 2 days time?
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patience my young grasshopper. you are too rushing. too impatient. unit trust is like planting a bonsai. it requires patience and art.
Avangelice
post Dec 27 2016, 08:58 PM

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QUOTE(contestchris @ Dec 27 2016, 08:45 PM)
No I just want to know. If I buy something today (during office house), will it be based on the price published today (which could be of 1-2 days ago), or will it be based on today's actual price (which may be published 1-2 days from today)?

EDIT: For example, Kenanga and Eastspring published today price for 27/12, but RHB, CIMB, TA and Affin published today the price for 23/12.
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bond funds are immediate. you can check around 5 pm on their respective fund houses websites.

for EQ it takes time because they need to calculate their investments and send the info to respective purchasers. of course the further the investments the longer it takes to update it hence why we all purchase our funds at forward pricing. I prefer this that way so I can fill up my entire week day by reading updated funds and the edge.


Avangelice
post Dec 27 2016, 09:10 PM

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QUOTE(Ramjade @ Dec 27 2016, 09:07 PM)
Keep in mind that as long as you buy/sell before 3PM that day, you will get the NAV of that day. Is so simple. Only for FSM. Don't know about Cimb clicks.
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oh yeah. forgotten he is a cimb clicks user.
Avangelice
post Dec 27 2016, 09:15 PM

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QUOTE(rajivshm @ Dec 27 2016, 09:12 PM)
Thanks, bro! Should I put in another 500 then? Do you think that's a good idea? I saw the graph, price is highest now for the past 1 yr.
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read page one bro on the bad thinking of buying an "expensive" fund. how you know it won't go higher than now? nobody knows. keep investing! don't think of the what ifs or time the market by the time you went it you may have lost your chance at getting returns back

https://kclau.com/investment/power-of-compounding-interest/

also. you should apply a diversified portfolio approach rather than focusing on one fund. the logic behind it is that if one fund falters your other funds would have covered the lost.

This post has been edited by Avangelice: Dec 27 2016, 09:17 PM
Avangelice
post Dec 27 2016, 09:23 PM

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QUOTE(rajivshm @ Dec 27 2016, 09:21 PM)
Thanks for the advice... Will do further study and come here back... But if u have some suggestion on funds and portfolio, it would help...

So far i understand i shd have equity + fixed income. Correct? What abt the percentage?
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you can try following fsm portfolio right down to the allocation or you can follow mine.

FSM Funds

Affin Hwang Select Bond.... (20%)
RHB Asian Income Fund. ....(15%)

CIMB-P Asia Pac Dynamic ....(10%)
Eastspring Emerging Market...(10%)
CIMB-P Greater China Equity ..(10%)
Manulife US equity fund (10%)
Manulife India.........(10%)

AmAsia REITs .... (10 %)
TA Global Technology Fund...(5%)

think this is the 4th time I shared this. lol.
Avangelice
post Dec 27 2016, 09:52 PM

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QUOTE(chyz66 @ Dec 27 2016, 09:49 PM)
Thanks for this great piece of info. How long would you "stay" with this portfolio?
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until malaysia recovers. It's always good to invest in your home country.
Avangelice
post Dec 27 2016, 10:19 PM

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QUOTE(rajivshm @ Dec 27 2016, 10:16 PM)
Thanks for the great explanation... I get a clearer picture now. Was wondering if fd also considered part of the portfolio... Thanks again
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FD should be in another sub category of Invesment. pros of fd is that your returns are as promised within the investment period. problem with it is that it's based on the OPR. anyways I don't consider FD as part of my portfolio because it's near inflatory rates to be considered as a proper investment.

my two cents.
Avangelice
post Dec 27 2016, 10:45 PM

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QUOTE(contestchris @ Dec 27 2016, 10:41 PM)
That's an important lesson learned for me. It was an extended weekend some more. Foolish in retrospect. But I was pretty excited to hit buy.i guess tomorrow all the transactions will be completed using today's price (which will be published tomorrow except for Kenanga and Eastspring which was publiashed today).
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calm down buddy. remember we are all in this in a long run. so what it may be exciting to you now, five years down that road, just a two mm little line on that graph signifies your return and lose. so it's nothing.
Avangelice
post Dec 27 2016, 10:54 PM

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QUOTE(contestchris @ Dec 27 2016, 10:49 PM)
At least my experience on M2U was buy Wednesday early morning and get on Thursday evening. So no idea why FSM taking four business days. Plus most funds priced at T+1 right? Like tomorrow they will publish today's prices. How is it T+2 as FSM claims?
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you are already purchasing the UT on the NAV on that day, whatever price you find out after T+4 won't so much be a problem right? that's just me lah.
Avangelice
post Dec 27 2016, 11:09 PM

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QUOTE(contestchris @ Dec 27 2016, 10:59 PM)
Kenanga and EI published the same day price in the evening wor. Unless I am missing something?

https://www.kenangainvestors.com.my/KIB/KIB...idual/Home.aspx

I guess that means I already know the EI Small Cap and Kenanga Growth price, but pending for the rest tomorrow evening? Also while M2U got it to me at the end of two business days, I don't know about CIMB_Cliks.

Ultimately I guess I am just getting excited about nothing...but I just want to see the prices of what I own. I'm sure some of you had the feeling when you got your first investment. I am sorry for spamming, but now I didn't make a new threads.
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nah don't take it personal bro. we welcome new blood into our group. without new blood we all men will be talking which fund manager has the bigger tits rather than who's got the better fund managing capability. always ask and we will always be there to help.
Avangelice
post Dec 27 2016, 11:42 PM

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QUOTE(Ramjade @ Dec 27 2016, 11:37 PM)
The NAV will be publish more or less 2 days later. You CANNOT know the NAV on the day unless you got insider info.
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humor me for awhile bro.

I think they gain nothing by delaying updating the price. in retrospect they would love to have live feed of their NAV but sadly the way unit trust works is the reason why we have forward pricing. correct me if I am wrong, the reason why we have a lag time is because they need to calculate the lost and returns of every investments they make every day and compute the total and divide it into how many units that the fund has.

hence the delay because of computation from investments across the globe?
Avangelice
post Dec 27 2016, 11:44 PM

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QUOTE(adele123 @ Dec 27 2016, 11:40 PM)
I think you seem to understand but let me explain again. Yes, i guess first time investing you will get more excited, eventually you will get used to it and you won't micro managing it. While it might take 2 days to appear on your FSM holdings, do keep in mind that the price transacted is based on when you pay/did switching. it just take 2 days for you to know at what price you bought. even if the unit price is on FSM, it will take another day for the units to be calculated in your historic transaction, and another day for it to pool into the portfolio holdings total. Yes, i do try to transfer my money into the cash management fund before a long weekend if i can help it, to earn extra few cents interest... biggrin.gif
How fast and soon unit price gets up is not just dependent on fund house. note that non-malaysian funds will take longer to get the NAV price. those global funds will take even longer. While your observations is correct, the reasoning really has more to do with geographical region rather than the fund houses.
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Adele. are you still keeping Malaysian funds atm? how is it going on your end? looks like everything is bleeding

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