Yes....moving to a more diverified portfolio...increased fi by 10% , moving 35% away from scap, going fir reits n ei globa leaders l funds
What abt you?

This post has been edited by yklooi: Jan 2 2017, 09:12 PM

er.. it depends.
for more volatile ETFs / UTs or stocks, the simple timing method may be better

looking @ S&P 500 ETF, Nestle & PBank earlier - PBank is "more volatile" VS S&P 500 ETF, and look at it's results

Yet to test on small cap / Emerging Market ETFs - data issue from Yahoo Finance for KLSE & STI indices since Q3+/- 2016

So ETF are bought from Bursa? That so? Since they are "exchange traded"? Or in Malaysia's case, is it a whole different exchange?

I will still stick with current portfolio.. This year will focus top up on asia ex japan, reits and specific malaysia fund..

Malaysian ETFs are useless and not worth. He is taking about US S&P500. Bought using Interactive broker. Am I right wongmunkeong?

1. Note that ETFs were used for the test as they are a composite of stocks, just like mutual funds.

2. Yes, "exchange traded" = listed in KLSE, SGX, NASDAQ, NYSE,etc

3. er..generally ETF on KLSE is "useless" unless one has specific niche/plans for them in one's portfolio
reason = Malaysia's total market capitalization isn't that big for ETFs to be created
"isn't that big" comparatively to EU, US, JP, etc la heheh

I do use CIMBX25, now called CIMBC50 & CIMBA40 as ETFs for China & ASEAN though - niche & specific reasons.
Since EPF cut off that route, now forced to go to NYSE / ARCA-listed for my FXI but no equivalent for CIMBA40


sorry ar Mods & TS - off topic a bit coz used ETF to relate to UTs / MFs earlier & now clearing the air on it

This post has been edited by wongmunkeong: Jan 2 2017, 09:57 PM

Don't worry, in fact the TS was glad you introduced these new terms and knowledge to him as TS is just a 90s brat

He is very grateful about what the forummers here share here bringing different perspective for the TS to begin his investment journey, a fruitful 2016 for him

p/s: Just gotta hope other casual/silence forummers or the mods wont get annoyed by this

This post has been edited by AIYH: Jan 2 2017, 10:04 PM

for a start, Citibank did not manage that fund.....it is under Affin hwang asset mgmt. bhd...
your relationship mgr is partial right...she only charge you 2% sales charge and 0% on other fees....
but the other charges are not informed b'cos they are charged by the fund house not Citibank and it will be reflected in the NAVs.

see page # 6 of attached for the fees and charges of this fund
https://www.fundsupermart.com.my/main/admin...ceMYHWSBOND.pdf

It's just funds placement. They do not call it mutual funds. And once you have inputted money into the funds you want, it will show you the daily earning/lose that you have accumulated from your citibank online account, pretty similar to FSM.

Nope, confirm is unit trust. Citibank don't give policy. The one that I say policy is from Great Eastern with a projected return of 5-7%. Which 5% is guaranteed return under "Lion's income fund". But they have a sales charge of 2%. Not sure if endowment is a correct term for this as I could withdraw the money anytime I want as well.

Just saying this as a comparison between bank, insurance company and FSM.

Ur ROI and IRR calculation so big difference.

Prior years sure got huge loss making I believe?

Which region reits?

This post has been edited by TakoC: Jan 2 2017, 10:27 PM

from the chart,
the ROI is from end Jan til end Dec
the IRR is from since May 2013....

this is INTERESTING.....
anyone can share the link to the prospectus/info of this fund that can see the word "5% GUARANTEED" returns??

I guess you are confused

Lets rearrange a bit

Affin Hwang Select Bond Fund is a Mutual funds/unit trust that you purchased through citibank which act as an agent and your RM is the human agent that serves you like other UT agents, and you used citionline as the platform to view your unit trust investment same like FSM

So like buying from other UT agents (the conventional method), you are paying an upfront sales charge upon investing via them. This is the same with FSM, is just that FSM sales charge is lower compared to via citibank

All the so called management expense and trustee fees are incurred daily and already reflected in the NAV of the fund, so doesnt matter u buy from bank agent or FSM, is the fund itself that charged it, not the intermediaries

If you understand what mutual funds/unit trusts are and if you read through your GE policy, you will see that the projected returns are not guaranteed (otherwise there wont be best case and worse case scenario )

The "Lion's income fund" is where part of your premium portion goes to, a unit trust investment, which you then pay sales charge and the other indirect expense like what a normal UT investment look like, to sustain your policy.

Unfortunately, Great Eastern did not publish it funds details like PHS, Prospectus, Annual eport and fund fact sheet, unlike allianz and ammetlife, at least they provide some info about their funds

You can browse through iportfolio.com.my to review its performance and compare it with other funds, i.e. libra asnita bond fund, affin hwang select bond fund and rhb emerging bond fund

Give you an example of the 3 years performance chart generated from iportfolio, you can utilize it from there

To annualized the 3 year performance,

Great Eastern LION Fixed Income = 5.11% p.a.
Libra AsnitaBond = 5.19% p.a.
Affin Hwang Select Bond MYR = 7.47% p.a.
RHB Emerging Markets Bond = 12.70% p.a.

This post has been edited by AIYH: Jan 2 2017, 10:56 PM


Attached thumbnail(s)

Happy new year!
my long winded post went MIA, so this is the summarised version:
Not sure what I'm supposed to verify, but distribution is supposed to come from profits also la, so conceptually same as dividends from stocks. Just that stock trading as you rightly pointed out, is on a willing buyer willing seller basis, so the willing buyer or seller may not be so smart to fully price in the dividends; or feels that the profits announced indicates good/bad news that needs to be reflected in their ask/bid price
Whereas for UT, it's purely based on the value of the underlying assets, so there's no sentiments involved in distribution. So you wont gain/loss just from distribution, you gain/lose from how the underlying stocks are performing

You may want to look up on the previous discussions on RHB Asian Total Return fund; the fund is similar but not the same as EM bond.
TLDR: Forex is the main cause for the gains for this fund. EM Bonds may not do as well as historical performance due to - forex and US fed rate will increase further
Noticed you didn't think highly of Affin Hwang select bond. As such, what makes you think EM bond would do well?

In the most simplistic manner, you can compare the sharpe ratio or risk return ratio of different funds. Higher means you get more returns from the same risk you undertake. EM bond and RHB ATR's volatility/risk is off the roof in the context of fixed income funds. Not all fixed income funds are the same

Nestle and PBBANK aren't mutual funds?

It's a bond fund, that explains the 2℅, it's free of commission on FSM

hehe - of course not.
those are 2 of the only 10-ish KLSE stocks i track/filtered for & since i've the data on hand, just throw into blender to test lor
Didn't clean up before ZIPPING & sharing the basic idea of yearly DCA vs simple timing

Not sure if any of you follow Fund Sui or invest base on luck but I think some of you may find these Chinese Animal Horroscopes for 2017 interesting.

Funny I was planning for a engagement and my dragon year stated i should avoid lavish weddings. oh good enough more money in my portfolio then!

https://m.facebook.com/story.php?story_fbid...100002494366950

you asked......FSM shows you.....
Dear Investors, Are Your Investment Combinations Ready For The New Year? [30 December 2016]
https://www.fundsupermart.com.my/main/resea...mber-2016--7854