Guys, I've been doing some thinking, and it seems like to get a high annualised return it is better to focus on only a few funds, rather than having a portfolio of 8-15 funds.

Currently I have nine (2 MY, 1 Asia, 2APAC, 1 GC, 1 EU, 1 US and 1 Global).

Of course in such a portfolio as above it would be hard to make a net negative return annualised, but the returns will be cancelled out by over and under performing funds and you get a mediocre value.

Would it be better to consolidate them to 3-4 funds max? I'm thanking 1 MY, 1 APAC, 1 Global/US/EU and 1 Emerging Markets (discrete case or general case). MY and APAC to be permanent funds, the other two to be tactical with periodic revisions as and when needed.

Of course I won't change things now, I bought 9 to learn about the various regions. But in a year's time I would want to consolidate things to maximise and streamline my returns.

Would love to hear from those who have and believe in smaller portfolio vs those who have and believe in a larger portfolio.

I'll call up FSM tomorrow and ask them

I am not working in FSM, but I guess, I would just takes a few days to update into the system ONCE they received it from the source

btw, the source is also having Nov 2016 version-leh.

Guys,

I was just looking at the cash management records ( https://www.fundsupermart.com.my/main/trust...howHistorical=Y ) that even after minus the 0.4% management fees, it's still at near 3%. Maybank offers 12 month rate at 3.10. Is it a good location to park cash while waiting for something to buy? Thanks.

Eastspring smallcap drops a lot due to distribution. How long can I get back my distributed extra unit?

What do you mean? Your dividend still not yet distributed back? I thought it gets reinvested on that same day it is distributed?

Please clarify. TQ!

every quater of half quater u will received a email abt platform cahrges. It will auto sell ur CMF and pay it. if u have no money in CMF, they selll ur bond>balance>equity.

When is the quarter? March? Will they send email before/after deducting?

So if I sell off my bond fund on the 11/2, will I still be charged?

technically not.
I remember been reading FSM topic about short term investment and long term investment.
You saved the platform chance by keep buying and selling. but you dun knw will you loos the chance of good return, may rebuy in higer price but sold at cheaper price, end up loos more

You are buying bond fund. If you are holding equity fund then yes. The risk is there.
Did you still kena charge?

The same goes for Esther bond, close to a month already....

Maybank FD you need to park your fund for 12 months, premature upliftment will reduce your interest.

CMF follows unit trust NAV movement except that it keeps going up in the rate of board rate FD, you can put in and withdraw anytime along with the interest

by the way the NAV is already net of Management fee, so the interest rate you see is what you will get

You may also consider Maybank eGIA which currently offer 3.55% p.a.. and it works like a quasi saving account

Can someone comment if the rates published is net of the management fees OR before the 0.4 ℅ ?

i am intrigue with this other forum you talk about for the third time. are they different than us? how come they get to have interactions with FSM and we dontP

Hi I am starting my first investment and looking for first find to buy. It seems ponzi 1 is most recommmended as first fund but I can't find in FSM list. Can u share wher to buy ponzi 1?

I c. Is it good for long term investment? My objective is long term. How about kenanga growth? I see some ppl recommmed in here too. I can only start with 1 first haha
Ok thnx.

But it has highest return. And fund is not like stock market where my investment can down to 0 right?

I read a book says long term it will average out. Is it true? So based on your recommend with 10 yrs track record should be not so volatile. As well as my goal in long term invest will further reduce the risk right?

After taking your advice I read the product sheet of kenanga growth vs affin hwang to understand more and decide to go with affin due to they invest in larger market segment. So the fund manager have flexibility to invest other market if one is going down. For kenanga only invest Malaysia the fund manager will have losing options when Malaysia market down.

Am I doing it right?

Actually since the market outlook for Asia region is not that satisfying. I am wondering why not purchase funds for specific country instead? Like Japan or China fund. What are the pros and cons you guys see about this?

shit have you read through page one? it's all in there!  come on now much as we want to help new investors but there's a fine line between spoon feeding and knowledge sharing.

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

Dividend or no dividend it's not important. Why? A fund can give 10% dividend every year and if the NAV never goes back up, dividend is useless. After dividend, your NAV will drop by the same amount.

Yea actually I read Liao the first few page but due to first time invest need to be sure I understand corrwctly. I am used to the idea of dividend so when it says no distribution make me confuse.

Just to clarify the ponzi 1 is no distribution so it means the NAV will continue up but not like fund with distribution that go up and down every yr right?

can explain a bit on the capital appreciation?

As long term investor I plan to use the power of compounding but cant understand how it can work in no distribution fund.

I am quite expert in the gain from distribution and no distribution already and understand that they are the same but when compounding comes I canot find the benefit. Plz help me 

Example with distribution:

I invest 100 unit and gain 10% dividend - next yr I have 110 unit and continue the compound on my unit.

But without distribution,

I invest 100 unit and return is 10% it will only up in the NAV price. I don't actually get any return? SO the next yr I am still with 100 unit and depending on the performance I will only gain when sell. So I cant reinvest my gains for the year? It will be like stock market looking at buy low sell high with no benefit for long term other than hope the asset of the fund to go up?

Maybe I have some concept wrong here.

Fellas,

I'm 25% Malaysia, 63% Asia and 12% US (Manulife). Thinking for the coming months and realized my exposure to developed market is just in a single country. Should I sell that off now with profit and gain exposure to regions CIMB Titans / Aberdeen World invested in? Or add one of those funds to the portfolio?

Bond:EQ % at 28:72 with some cash in CMF.