Because you are not comparing the same timeline. For comparison, you need to start from same timeline. Even if you use FSM chart, if will start from same timeline.

Because you are not comparing the same timeline. For comparison, you need to start from same timeline. Even if you use FSM chart, if will start from same timeline.

I think your calculation is wrong
10k with 100% gain = 10k+ (10kX100%)= 20k
10k with 6 percent gain =10k + (10kx6%)=10600

The ever best performance over time I ever seen for less than 5 years is ~30% after minus management fee and others.

The scenario above will never had that profit, no matter u swift or not.

For me, If a Fund lose More than 20%, no sign of gain in 6mths, I will rather sell it. If market analysis got chance of gain, I will top up to balance the lose.

To use your Cash Management Fund to buy unit trusts, you need to ensure that there are sufficient holdings in the Cash Management Fund.
Simply select the Cash Management Fund as the payment method during the buy process.
The investment amount payable will be deducted from your Cash Management Fund immediately and it will be reflected in your View Holding webpage.
https://www.fundsupermart.com.my/main/faq/0...nt-Methods-2409

Q: What can I do with my Cash Management Fund?

A: There are 6 main types of Cash Management Fund transactions:

1) Buy into the Cash Management Fund
2) Sell your Cash Management Fund holdings
3) Buy Unit Trusts using your Cash Management Fund holdings
4) Park proceeds from a sell order into the Cash Management Fund
5) Switch your Cash Management Fund holdings into UT; this is similar to placing a unit trust buy order using your Cash Management Fund holdings
6) Switch UT into the Cash Management Fund; this is similar to parking the proceeds of a unit trust sell order into the Cash Management Fund

You may buy or sell the Cash Management Fund at any time. The minimum initial and subsequent investment amount is RM500 and RM100 respectively. There is no lock-in period. The minimum redemption amount required is RM 100, should you wish to place a partial sell order.
You may buy a unit trust via the Cash Management Fund with ease, as long as there is sufficient holdings in your Cash Management Fund. You may simply specify the ‘Cash Management Fund’ as the payment method during the buy process. The invested amount will be deducted from your Cash Management Fund holdings, and it will be used to buy a unit trust immediately as long as the buy order is placed before 3pm on a business day.
When you sell a unit trust, you may also specify the ‘Cash Management Fund’ as the redemption method. The sales proceeds will be used to invest in the Cash Management Fund, without incurring any sales charge.
You may place an inter-switch order to switch your Cash Management Fund to another unit trust without any lag time. The sales proceeds of your Cash Management Fund sell order, after deducting the prevailing FSM sales charge, will be used to buy into the fund which you have chosen to switch-buy, without any lag time. This transaction is equivalent to placing a buy order using the Cash Management Fund.
You may also place an inter-switch order to switch your unit trust into the Cash Management Fund. The entire sales proceeds of your unit trust sale will be used to buy into the Cash Management Fund, upon receiving the sales proceeds of the fund you have chosen to switch-sell, on the settlement date. There are no sales charges in doing so. This transaction is equivalent to placing a sell order and selecting the Cash Management Fund as a redemption method.
Do take note that an intra-switch is not allowed for cash management fund. Please refer to the correspondent fund prospectus for more information.

https://www.fundsupermart.com.my/main/faq/0...t-Fund-2-9718#3

bro - KimYee is stating to use same timeline
ie 10K fell to 5K, then "recover" 6% shd be 5K+6%

ask U simple flow logic:
1. 100K fund value held at 1/1/2008

2. loss 50% due to credit crisis thus value held at 31/12/2008 is $50K

3. went up 50% due to "recovery" 1/4/2009 is... back to $100K as per (1.) or $75K?

the crux of the issue is AFTER (2.) - if switch to another fund, other fund's return is calculated from 31/12/2008
thus (3.) should also be based from 31/12/2008 onwards, right?

paper loss is loss. if U disagree with that reality is ok, my mum does that too
just look into futures and other vehicles - they calculate your account at daily close

thus which reality is more prudent?
shiok sendiri reality or more painful reality? i choose the latter, at least i know my real (or closer to) net worth at anytime of liquidation

if still cant comprehend - just imagine U bought a car $100K last year. If U sell it now, it's $70K
but hor, U didn't dispose it ma, thus in your books, value still $100K - paper loss only heheh
---

BTW - there are funds doing >60% NET returns (yes yes after minusing all costs) between end 2008 to end 2009/2010.
just saying

and if U saying in absolute terms, not CAGR.. U should check out ESI Small Cap fund from 2005-ish till now - "hundreds of %" 


---
i think Kim Yee (and i) are just highlighting prudent ways to calculate, compare, etc.
He is also a stock & if i'm not mistaken, options (stocks / futures) investor & trader too. Thus, very "grounded" calculations.

Just a thought - no absolute right/wrong, just that some ways of viewing/thinking may be more optimistic than prudent. 

there are funds doing >60% NET returns (yes yes after minusing all costs) between end 2008 to end 2009/2010.
just saying

and if U saying in absolute terms, not CAGR.. U should check out ESI Small Cap fund from 2005-ish till now - "hundreds of %"

Is this apply to RHB Cash management Fund 2 only ? Other fixed income fund cannot? Like Affin Hwang Select Bond.

So tell me, why do you invest if you are just going to lose money? if you don't think you are going to make money in the future, why do you invest? don't people invest because they think they will make money in the future? they invest because they are optimistic. Otherwise no point right? because you may be losing money for months before you make any.
Hindsight is 50/50.. if you have a crystal ball and you know which funds will make money in the crisis, then you can switch. But if you don't?

You want to know the reality? the reality is that no one knows what will happen in the future. People invest because they are optimistic, otherwise there would be no point. People switch because they think they know what will happen in the future. But if they are being realistic all they will know for sure is that they are going to realize that loss.

Your mum (and I) think that way because we have been through many recessions, enough to know that the markets always go up.
Anything wrong with that? say 100% to be conservative. 2005-2016 is 11 years.

100/11 = 9.09% a year, that is not a bad return and I'm being conservative, it's probably more than 100 and that is if you don't switch

If you put 16K into Eastspring Small Cap in 2005 and just left it there.. it would be worth over 70K by now

That is a 437% return in 11 years, an average return of 43.7% a year.

"not too good" English
VS
"not too good" maths / Excel
kua hehhe

English: $10K dropped to $5K and recovers 6%

Which maths fits English:
$10K +6%
VS
dropped to $5K + 6%



for clarity, perhaps:
[attachmentid=8333515]
https://docs.google.com/spreadsheets/d/1BYt...dit?usp=sharing

If you start with 10k, and end with 10.6k, how can that be a 112% profit?

Exactly.. some people are already calling it 112℅ profit with very, very few exceptions paper loss is not real loss, otherwise no one would bother to invest at all.. with diversification and time.. there is almost zero chance of losing money long-term

But if you keep switching.. you have 100% chance of losing money. People invest because they can make money long term.. if you look at the long term charts.. you will see that pretty much every fund makes money in ten years' time.

Diversification and time. That always works.

Usually yes. If you buy those good bond funds. Affin Hwang Select Bond fund/RHB Islamic Bond fund. Difference is your FD is you won't lose your money and you can get about 4%pa. Enough or not, that one depends on you. For FI, it have huge connection with interest rate of the US and eg Trump massacre where even "safe bonds" were not spared.
Not necessary. Dividends add units to your total units. If the fund don't perform, then it's a different story. If it perform, then long term wise, it's good. Although this was debated with xuzen last time with TA Global Tech dividends.

Ini orang hor... simply simply tok kok wan....

TA Global Technology Fund mana ada bagi distribution or dividend wan?

Whatever gain is purely, 100% capital appreciation. My kind of unit trust fund     :thumbsup:

Xuzen

Happy New Year everyone!

KimYee73 and Sifu Wong, remember the saying, 'playing piano to a cow?'. Don't go there. It is a waste of time. 😀

BTW, can someone please teach me how to tag another forumer? Thank you in advance.

Happy new year

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