Fundsupermart.com (FSM) Malaysia is the online unit trust distribution arm of iFAST Capital Sdn. Bhd. ("iFAST Capital").

iFAST Capital is a holder of a Capital Markets Services Licence (CMSL) and is licensed by the Securities Commission to conduct the following regulated activities:

- To deal in unit trusts
- To offer investment advisory services
- To deal in Private Retirement Scheme

iFAST Capital is also registered with the Federation of Investment Managers Malaysia (FiMM) as an Institutional Unit Trust Adviser (IUTA).

iFAST Capital is a subsidiary of iFAST Malaysia Sdn. Bhd., which is wholly owned by iFAST Corporation Ltd. ("iFAST Corporation"). iFAST Corporation is headquartered in Singapore and the iFAST group of companies are also present in Hong Kong, Malaysia and China. The company was incorporated in Singapore on 10 January 2000.

iFAST Corporation was listed on the Singapore Exchange Mainboard in December 2014.

iFAST Corporation, via its wholly owned subsidiary iFAST Financial Pte. Ltd., is Singapore's leading online distributor of unit trusts as well as the leading operator of an investment platform for financial advisers and financial institutions. It carries the Capital Markets Services (CMS) and Financial Adviser (FA) licences issued by the Monetary Authority of Singapore (MAS), and is also one of three appointed Central Provident Board (CPF) Investment Administrators.

One of iFAST Corporation's shareholders is SPH AsiaOne Ltd, the Internet arm of Singapore Press Holdings, which is Singapore's largest media group. In recent years, iFAST Corporation has been expanding beyond local shores. In 2007, iFAST Corporation launched its first overseas business, Fundsupermart in Hong Kong and in 2008, it launched Fundsupermart in Malaysia. iFAST Corporation launched its office in China in 2014.


1. Wide range of information
2. Extensive product range and value-added services
3. One of the cheapest Sales Charges in town!
To keep discussions at this thread fruitful and constructive, it would be greatly appreciated that fellow investors try to look for answer to their queries at Frequently Asked Questions before posting here.

And FSM has a very helpful LIVE Customer Service, MAKE FULL USE OF THEM. Look for this at FSM home page:


What is unit trust?
Federation of Investment Managers Malaysia - ABC of Unit Trusts

Other FAQs on Fundsupermart.com and unit trust investing in general

1. NAV pricing and processing time


2. The NAV price of the fund that I'm interested in is quite high now, should I stay away? Investment gurus always say "buy low, sell high"...

FSM Idea Of The Week: Unit Split and High Fund Price Misconceptions [24 October 2014]
3. Common misconceptions about unit trust dividends/distributions:

(i) After dividend distribution, NAV price will go down, the fund will become cheaper.
(ii) A fund that declares dividends is better than a fund that does not, dividends are my profit, they make me richer.


(iii) Topping up my holdings after dividend distribution pulls down my cost per unit, lower cost = higher profit.


(iv) Distribution = Income





4. Annual Management Charge, Trustee Fee and NAV pricing


5. Return On Investment (ROI) vs Annualised Return, similar to Internal Rate of Return (IRR)

Important link to v8 - The MS Excel Masterclass version!

Download here >>> Pinky's Portfolio Worksheet with IRR Calculation

Download here >>> polarzbearz's Portfolio Summary with Pinky's IRR Calculation (and here for Polarzbearz's FSM-to-Spreadsheet Conversion Tool)


Make sure you read the instructions as many of the cells have formula in it. You can freely modify, update, or change it to suit your needs (and even share with others if you don't mind )

For Mac Users (credit to idyllrain):



Performance data for most Malaysia funds (inclusive of non-FSM available funds like funds available in the respective insurance companies) (credit to dasecret) : iPortfolio

Golden Quote
Happy investing!

Disclaimer -
I am not a UT agent, nor am I employed by FSM. All my comments here are posted in good faith and with the intention to share knowledge. I am not to be held liable for any losses that may be incurred as a result of following any advice/opinion shared here. I believe the same should be applicable for any other LYN members posting here.

This post has been edited by AIYH: Feb 7 2017, 09:37 AM

Continue from FundSuperMart v16 (FSM) MY

Regarding the US Market, it has been dropping for 2 days, so people are profit taking ....

http://blogs.barrons.com/stockstowatchtoda...emains-a-dream/

Checking in..........

link to ver
https://forum.lowyat.net/topic/4089543

more explanation on IRR
post# 2383
https://forum.lowyat.net/topic/4155724/+2380#entry83538694


page# 139, post #2780
This post has been edited by yklooi: Feb 5 2017, 09:27 PM

People like to quote a point in time a lot.. "stocks dropped today" like it will matter in ten or twenty years' time what happened today.

i have a strong sense that Dow will hit the 20,000 mark very soon. I, too already took profit of my titan. just top up manulife US 2 days ago,just in time as US has been dropping.

reporting in!

If you bother to read, the author did not use the two day drops as any indicator.

I have been wanting to reply to your "famous" theory of stock prices will always be up, given long enough time. So I shall mentuon it here :-

I see that people are using the fact that a fund price will go up given long enough time as something useful.

For me that is not a useful piece of information. I can't decide to invest in a fund just based on that.

Ok say you are willing to wait that long, 10 years for example. Still there is a difference between fund A vs fund B after 10 years. Fund A may get 50% ROI, fund B may get 5% ROI.

Furthermore, everyone's time is limited. Not always one is willing to wait 10 years to find out fund X's performance. After all, past 10 years of performance is not even going to allow you to predict for sure the next year's performance.

Often we analyse, we risk, we make guesses, predictions etc etc. So investment is about using whatever means at your disposal to obtain the optimal ROI within shortest time. Not many people will feel achievement for getting 5% ROI on fund X after 10 years.

So the fact that funds prices will eventually go up after long enough time is nothing useful.

Good morning

well said. hence why active management is necessary.

Anyways good morning to all! I thought lowyat has already allowed us to have more than 3k replies in threads? they did an upgrading a few months back.

Depends on individual and their target I suppose

Personally, I already have funds to cover most of the regions, so region wise, I am on the passive management side (will follow the ups and downs of the market in the region)

However, active management will be needed in comparing peers within the same umbrella of region/sector to get the better option within the group

People like to think they have some measure of control over how things turn out, don't they? to me "using whatever means at your disposal to obtain the optimal ROI within shortest time" is called gambling that's exactly what gambling is, people trying to achieve a high ROI in the short term. I'm guilty of that, chasing profit I'm trying to find a way to stop it. It's very misleading, you're pretty much just wasting time and probably making things worse.

Fund A may get 50%, and fund B may get 5%.. but we don't know for sure, so we pretend to know by saying this will happen because A and because B.. but in the end we still don't know nothing has changed even after all this time we wasted. It makes us feel that we are more in control, that we know something. In the end if we still get 5%.. we can say we tried or something.

But your post has given me some insight, some people invest to feel some sort of achievement. It's like they feel they have done something, when they analyze and make guesses and predictions. We look at the short term and we curve fit, find reasons for it. We jump from one fund to another, chasing profit and ignoring losses. People want to be right more than they want to make money.

What is this need to feel that we are right, that we know the future or can tell the future by looking at the past or the present? We all know that if we are well-diversified and keep investing, we'll do well in the long term.

But why is that so hard to do? we always want to play with it, to chase the next big thing. We can't determine whether the funds we invest in will net us 5% or 50%, so why do we try? why don't we just diversify and keep investing and sit quietly for ten years? who doesn't have ten years? I think everyone has ten years. Why should it matter so much whether we have 5% ROI or 50% ROI? we are all kiasu...

Why should we even decide? I mean look at FSM's portfolio, they rarely touch the thing. And they are doing OK. The danger with playing with it is that the numbers lie. If you keep cutting your losses, it will look like you are making more profit but then you don't realize your capital is shrinking.

The problem even with active management within peers is that you end up paying 2% a lot, because peers are pretty much always in different fund houses why not just dump it in a global fund and be done with it?

I've a good mind to just follow FSM's portfolio.. and be done with it. Is all this "using whatever means at your disposal to obtain the optimal ROI within shortest time" effective or worth the effort, or is it just providing you with a false sense of security and control, while losing you money in the long term?

ummm...you know my meaning of active management isn't about selling and seeking profits I think that is the Crux of the problem. in my own terms of active management is to know where to place my money and understand that this country or this fund will do well in the future. I am comfortable on my end with my clinic and I just want to be control of how and where my money is invested rather than just place in FD and be done with it.

I do not agree when people say you are powerless over what goes on around you, I do not agree. the choice to pull out your investment and move somewhere else is power of choosing itself. migrating is power of choice itself. opening up a business in another country is power of choice itself.

also can everyone stop talking about the service charge. it's getting a tad annoying when people keep talking about it while forgetting you are paying for the people who help do the paper work, the platform fees and such. if we all don't pay service charges or annual fees that what's the use of working as a fund manager?

also I want to add being aware of what goes on in the world helps to make judgment on where and what to invest. say for example larisSa who invested in gold. if she would have known or someone told her about the drop of gold last year she wouldn't have made another lot this year when she shifted her investment somewhere else.

This post has been edited by Avangelice: Dec 23 2016, 11:35 AM

But how do you know that?



Try to forecast the weather. Try to make it rain, or stop raining. People forecast sunny weather but they still carry umbrellas.



So why are we not following the advice of the people we are paying?



But if gold were to make another new high in the next ten years she would have not lost money, and in fact made a bigger lot.. and how would anyone know if it won't? what if she kept a little in gold, a little in others.. so if that happened, she would have not lost the capital?

If you lose money, you shift, you lose money, you shift.. eventually you will run out of money right? because every investment has downturns.

This post has been edited by wodenus: Dec 23 2016, 11:56 AM

Good afternoon..
Late check in

just the last part. how much were u targetting in terms of return? you look at 8% as failure so i got to know what you are going for.

Sorry I don't agree. Service charge is an important part. If service charge not important, how come some people want to do ninja credit trick? A little bit adds up over time. It may not seems like much now but try compounding it over 10 years and you see what I am talking about.

I already prove why service charge/platform fees is important (in FSM SG thread)

If service charge not important, be my guest and buy from banks/agents. After all what's 3% saving right?

most of the best funds have a returns of 15% within 5 years. this is just as example as an argument to passive management

we are talking about the Malaysian 2% bro the lowest we can achieve. let us not include SG fsm into this as it is a different ball game altogether. what I am saying is that we need to detach ourselves from focusing on the little thing and look at the bigger picture.

if sales charges and switching fees stop you from making an informed decision to invest your monies somewhere else, that is not looking at a bigger picture hence my argument.

Checked in....Sifus please give advice ya...

Actually we have 0% and 1% sometimes.

Eh the way you reply makes it hard to quote. Try breaking the post up and sticking blocks at the beginning and end of each. Or you can use the quote button.

Yes what she is doing is active management. I'm wondering if it's worth the time or even worse. Forecasting the weather is a bit of a waste of time isn't it? it rains when it rains it's hot when it's hot making decisions based on "information" is just like making decisions based on the weather forecast

I don't see anything below..

Indeed, that pretty much demonstrates it.. I was talking about service charge you think you know but you don't.. then you act based on what you think you know, with pretty disastrous consequences

We see what we want to see.. when we read, sometimes we interpret that, in the way we want, even if it's not what the writer meant. And then we make decisions based on what we misinterpret.. that seems to happen a lot with people. Which is why I'm wondering why we don't just diversify and wait, that pretty much solves the problem of making a bad decision based on misinterpreting what someone else has written.

Yea he is good, but if we don't know if we are good, are we better off just diversifying and not thinking too much, as opposed to reading and misinterpreting and blowing up stuff?

I have this bad habit of thinking I can forecast the future based on the past, or what someone says or does. I don't really know if I really know or just think I know. But I know every time I switch I lose time and money. Is that worth it in the long run?

Don't you think the TA guy is a bit anti-US lol..


He wrote this to explain a 1.1% gain...



But he wrote this to explain a 3.5% gain...



I don't know.. I probably shouldn't be doing what I'm doing now..

with the results as below,....just proves that cannot die-die buy and hold till kingdom comes.....

below = as posted below....

Ahh..arguments like these are good for us silent readers sometimes as there are different sides to look at for investing.

But at the end of the day it is the return that you are able to generate for your portfolio that matters. No point being vocal about something without being able to show real result.

I remember a certain guy who was part of a lot of arguments here previously showed his real portfolio in Asx thread and that is admirable.

my bad...I thought you are referring to performance....
but anyway....cannot die die buy and hold till kingdom comes still applies,......for from FSM data,...can see many funds with less than FD IRR rates. after 10 yrs.
and you're right on this too..."you think you know but you don't.. then you act based on what you think you know, with pretty disastrous consequences "
but at least better chances then buy ad forget.

This post has been edited by MUM: Dec 23 2016, 03:00 PM

I for one practice proper diversification and just let it ride through with regular DCA. Hehe


Anyways... another read for the afternoon.

TA Investment: Equity & Fixed Income Outlook

I don't know sis. I am not an economist. As usual, my 2 cents worth based on talking to clients, other people and my observation.

1. Property market will still be down next year. Developers are suffering. Oversupply of condominiums and office space. Nobody is buying. Young couples who wish to buy a property after paying the 10% deposit...their loan application may still be rejected later by the bank. Local developers are marketing their properties overseas now.

2. Higher priced food and beverage restaurants are suffering. Some business are down by 30% and some others have closed shop. The surviving ones are doing promotional lunch set to survive. Of course I am not talking about the really high end restaurant that caters for the rich like Chynna. The rich will still eat and dine as usual.

3. Banking. Looks bad to me. VSS started this year for Maybank, etc. Not sure whether the banks will have more VSS next year.

4. Automobile industry. Same problem. The family man will not change his car because of the economy uncertainties. For the young, no issue-lah. Die die also, gaya mesti ada. Just take a 9 years car loan lor. Can always file for bankruptcy later.

So, in summary, the MY market will be flat pending the outcome of the General Election next year. I hope I am proven wrong. I wish the Malaysian stock market and economy well.

Sekian, terima kasih.

Thanks boss, I think it makes sense

Now... is any of your name in the list?

https://www.fundsupermart.com.my/main/artic...aign%202016.pdf

On gender analysis, from the listing 6 out of 13 are female. Actually not bad also ma, maybe the big gap in male and female only exist in public forums, in terms of investing it's not as bad *Wishful thinking? *

As if no one could have just bought an iPad lol.

I didn't even know there is such a campaign in the first place.

This post has been edited by Vanguard 2015: Dec 23 2016, 07:07 PM

Topic for debate:

Buy & hold versus actively switching around.

Do you all remember the "Pony Express"? In those wild western days of ole, in the West side of America, before DHL or FedEx exist or even before Telegram exist, the fast courier service was called Pony Express.

Total length from start to stop for the whole journey is around 3,100 km. That is from Saint Joseph, Missouri to San Francisco, California. It took the riders 10 days to deliver letters from east to west America. The alternative is through the sea route, which takes a few weeks up to a month.

This is how it works. One rider would ride from one station to another 10 miles (eqv to 16 km) away. At each station the riders would pass the mail bag to another rider with a fresh horse, very much like a relay method.

Sometimes, a rider will ride up to seven to eight stations before changing to another. At each station a fresh horse is readied. Both the riders and horse do not stop, they will sprint to the next station and the next and the next.

How is this related to investment.

Let's say we are investing into Malaysia fund. Right now the country is suffering from some lethargy quite akin to an exhausted horse. You can let it rest and wait for it to recover some time later. Or you can mount a fresh horse (meaning transfer to another performing Unit Trust Fund) and continue your investment journey.

And when this horse / unit trust fund is exhausted, go to next and next.... eventually the original horse will recover then come back to it and recycle it.

This is how I view when switching from fund to fund.

Xuzen

p/s It helps to enjoy zero switching cost and having a working crystal-ballz™.





This post has been edited by xuzen: Dec 23 2016, 08:16 PM

Hi Sifus,

Since I am still new to UT investment, apologize for my noob question.

How can we make profit from long term investment in UT? Let say 7 years investment. I.e. I bought a fund Rm 2k and at the end of 7 years investment it becomes 3k, which is 50% increment from my initial investment. When I sell only I make money right, which means I've received 50%/ 7 = about 7% annually profit right?

Or, during my 7 years holding, I will receive annual divident from my funds?

Or is it better If I wait untill my fund increase more than several percentage i.e. 5% and straight away sell to gain profit before it drops? For this method, the sooner I sell back the fund the better? i.e I bought fund A at feb 2016 and it rise 5% on june 2016 which I straight away sell. Then the fund go down and back up to 5% a year later on june 2017. Which means I've made profit earlier and could have invested in other funds from the period june 16 - june 17?

Is my understanding correct?

A click of the mouse and you can move your money to another geographical region or another asset class of your desire. Why so sentimental about one particular country?

Xuzen

having a family dinner now and I thought someone would answer your question.

there's a few factors we do not sell and buy unit trust like you do with stocks for a mariad of reasons. I am short of time to type it all out to explain but here is a few key words

1)service charges upon buying.
2% upon purchase. you sell the fund and go buy another fund, you get total 4% lost. let's say you purchase a fund kept it fit a year. total profit is 8% you sell it and reinvest. so in retrospect you earned 4%,profit within that year.

2) capital appreciation
all funds will grow. some superbly others not so but all will grow.

3) long term growth.
as on top

4) profit skimming.
instead of selling all. keep the capital and sell your profits and funnel it to another investment. now you got two funds to run concurrently

I'll explain more if there's no one replying you later after dinner

This post has been edited by Avangelice: Dec 23 2016, 10:01 PM

From what have been posted, people who prefer to buy-and-stick-to-it are saying these :-

1. When you keep switching, particularly when funds are not performing, you realize the paper loss. And your capital shrinks.

2. When you switch to another horse, you still dont know it is going to be a performing horse. The new horse might be worse than the current one.

3. When you switch, often you pay switching fees. Immediate you are incurred 2% loss.

Perhaps may I invite the gurus (whose words are carrying more weight) to address these points ?

This post has been edited by puchongite: Dec 23 2016, 09:04 PM

when one is thinking about how/when to skimming profits.....read this for some bits of info
Rebalanced my portfolio for 2014
https://secure.fundsupermart.com/main/resea...SJBlog_20131227

Rebalanced My Portfolio and Positioned It for 2013!
https://secure.fundsupermart.com/main/resea...og_archive_2012

When should an investor consider taking profits? This article sheds light.
https://secure.fundsupermart.com/main/resea...?articleNo=1783



This post has been edited by T231H: Dec 23 2016, 09:53 PM

I am also new to fsm. Will need to do lots of reading. But for now , any idea which fund I can invest rm10k into?

normally funds have minimum initial purchase....
with RM 10000, you should be able to buy into any funds in FSM MY...unless it is wholesales funds or funds for HNWIs.

Picking the Right Unit Trust
https://www.fundsupermart.com.my/main/schoo...g.svdo?PageID=4

Different investments come with different levels of risks and investors need to understand and know the risks that they can stomach given the circumstances that they are in before making a decision on what to invest. We explain how Fundsupermart.com Risk Rating can help investors to identify which unit trusts suit their risk appetite.
Author : Fundsupermart
https://www.fundsupermart.com.my/main/resea...-May-2015--5825


This post has been edited by T231H: Dec 23 2016, 11:09 PM

you can follow fsm portfolio allocation.

you can follow xuzen's portfolio that has
AmAsia reit
Manulife US
Manulife India
Ponzi 2.0
Esther bond fund (Affin hwang select bond fund myr)

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%)

divide your 10k into percentages like you see in my portfolio. from there you can either lump sum into each fund or adopt a DCA approach every month.

eg

10,000 x 10% = 1000 myr. (lump sum/vca)
1000 ÷5 months= 200 myr (per month/dca)

think of it like you are building your pyramid from a pile of marble

Thanks for the info. Does it make a difference if I invest now or invest after new year's?

have you contribute to the PRS fund yet?

I don't do Prs as I need the money for my wedding but T231H is right try to fill up your prs before year end to enjoy the tax relief if you haven't. once that's done you can start building your portfolio next month. (but I think it's already too late to fill it as fsm said there is already a closing date for prs application)

if you already did I would say just enjoy your holidays first. come back next year. most fund managers and stock brokers are already wrapping up 2016.

No I have not. And there are too many to choose from .

This post has been edited by drbone: Dec 23 2016, 11:33 PM

Evaluate yr tax relief benefits....if very worth it....starts with that next week.....2016 ending soon.
Head on to prs thread to read page# 94, post# 1866...
https://forum.lowyat.net/topic/2064127/+1860#entry83089883

This post has been edited by T231H: Dec 24 2016, 12:22 AM


Attached image(s)

i thought we will be given 1k myr for starting our prs since budget 2017 was announced. How come fsm still give 500 myr

applicable effective yr 2017

hmmmm so it's better to sign up next year rather than this year to enjoy the extra 500 myr right for the first timers

try RM 950...not yet hit RM1000.....but get most of the tax relief

#1 is dangerous because it's money that makes money, more money makes more money. If say you are in a fund that has lost 50% and you switch, you have to make double what the old fund will make in the future just be say you are in a better position. For instance if you are in fund A and it is down 50℅. Then you switch and say at the end of the year your new fund has made 8℅ and your old fund 6℅. You think you made the right decision but you didn't, because 6℅ of 100℅ is more than 8℅ of 50℅.

It just looks as if you did. So you are eroding capital, but all the time you think you are doing better.

Or you can follow FSMs portfolios.

read the first sentence of my post fyi wodenus

Oops.

This is a your biased comment. Yes, I have switched out non-performing funds before, eg is KGF, but when I switch it out, it was still positive due to historical gain.

Recently I also have switched out some RHB AIF to to up to some US funds. 0% SC.

So switching act itself should not be based on it be negative or positive now ( current or past performance ).

Switching out should be based on one's analysis or anticipation of the future.

This post has been edited by puchongite: Dec 24 2016, 08:21 AM

more .....
Will 2017 be a good year for businesses?
http://www.thestar.com.my/business/busines...for-businesses/

"With so much uncertainty, peering into the crystal ball will be a useless exercise. But I can certainly predict a tough survival journey for the man in the street as high inflation kicks in. Young entrepreneurs who have not experienced the currency crisis back in 97/98 will certainly get a rude awakening when the ringgit hits 5. You are advised to standby a first aid survival kit, run for cover and keep yourself lean and fit for a journey that will be rocky and strewn with danger at all junctions and corners."

way to ruin Christmas by reading this.

The author is not optimistic even in anticipation of the upcoming general election.

maybe he saw how bad the situation is ....
"I am not raising my hopes yet as the very people and institutions that we depend on are dysfunctional at the moment. Headless and clueless. And powerless to make decisions."

an example of our MOF Minister reply:
"Asked on the fair value for the local currency, he said: "It depends at what point you come in, if you come at 3.30-level you would want the ringgit to be at 3.30 and if you come at 3.80-level you want it to be at that level."

http://www.thestar.com.my/news/nation/2016...ll-bounce-back/

"Just saying the ringgit will bounce back without any solid plans will cut no ice with me. How, why and when will it bounce back?
Hopefully this bounce back is not part of Vision 2020. Many businesses will be dead by then."

and with the coming election....
"With a highly-charged political battle brewed in 2016 and carried into 2017, entrepreneurs should not expect a politically stable environment to operate in. The reverse is to be expected as the ruling politicians divert all their attentions to self preservation and political survival. This country will be managed by civil servants, advisors and cronies. Not good."

we knows this has happened, is happening and at going to keep happening again and again,...yet what can we do about it & if possible get the benefits of this situations?
study hard and join the civil service with the authority to buy?......
http://malaysiandigest.com/frontpage/282-m...l-auditing.html

This post has been edited by MUM: Dec 24 2016, 10:11 AM

nice

wonder anyone here use aladdin fund as core (>50%) and then choose few regional/country/sector fund as supplement (tilt towards individual likeness)?

p.s aladdin is all world developed market fund, so if combine with EI global EM fund, you will get all world total stock market coverage (am actually waiting for both halal and non-halal version of all world total stock market fund).

This post has been edited by asimov82: Dec 24 2016, 10:06 AM

>50% in a fund?

maybe point*8
Manager’s Risk
The performance of any unit trust funds is dependent amongst others on the experience, knowledge, expertise and investment techniques/process adopted by the manager and any lack of the above would have an adverse impact on the fund’s performance thereby working to the detriment of Unit holders.
https://www.cimb-principal.com.my/Investor_...rust_Funds.aspx

LOL.. time to prep. End of world coming

But no one knows the future...

Your port looks like mine now

During a recession everything loses money.. where are you going to switch out to

Correction.

P/s Tambah nilai lagi for Selina's (AM Asia - Pacific include Japan REITs Fund) and Manulife US Equity Growth Fund.


This post has been edited by xuzen: Dec 24 2016, 11:15 AM

CMF (35%) is what?

cash management fund. he is preparing his ammo

Guys, I was directed to this forum to post Unit Trust related questions (although, I do not currently use FSM and am actually just starting out).

1) In the even of a global recession, is it wise to make use of the switch function, and switch out from equity-based funds to balanced/bond/money_market funds? Because I see that in recession equity based funds can easily lose 33%-50% of their value. There are some that manage to gain a bit, but it's seemingly uncommon.

2) What do you have to say about my initial portfolio composition as below (I invest roughly evenly into all of them)? I'm quite young and ready to take risks, hence these all being equity funds except the RHB Asian Income Fund which is a balanced fund composed of bonds as well. Is the geographical distribution considered diversified in particular? I also made sure I got these funds from companies that also run balanced/bond funds so that I may switch in the future as and when required. Only the RHB fund charges a switching fee, but it is a balanced fund and I don't intend to switch this unless it gets really bad.

CIMB-PRINCIPAL GLOBAL TITANS FUND
TA EUROPEAN EQUITY FUND
CIMB-PRINCIPAL GREATER CHINA EQUITY FUND
CIMB-PRINCIPAL ASIA PACIFIC DYNAMIC INCOME FUND
RHB ASIAN INCOME FUND
AFFIN HWANG SELECT ASIA (EX JAPAN) OPPORTUNITY FUND
EASTSPRING INVESTMENTS SMALL-CAP FUND
KENANGA GROWTH FUND

Thanks!

This post has been edited by contestchris: Dec 25 2016, 01:33 AM

so how is your analysis of the portfolio?
made any changes to your portfolio since the last post in
Is this a diversified Unit trust portfolio?
https://forum.lowyat.net/topic/4157342/+0#entry83100027

Welcome to fsm brother! don't worry if you aren't using the platform. we don't discriminate against anyone be it Phillips or bank platform users. it's the portfolio that counts.

so far I love your portfolio and you understand the basics of having a diversified approach in investing unit trusts. about being all EQ yes you are having a fairly aggressive portfolio which is a good thing as some analysts have pushed for full EQ ports

if I have the same one....
CIMB-PRINCIPAL GLOBAL TITANS FUND
TA EUROPEAN EQUITY FUND
CIMB-PRINCIPAL GREATER CHINA EQUITY FUND
CIMB-PRINCIPAL ASIA PACIFIC DYNAMIC INCOME FUND
RHB ASIAN INCOME FUND
AFFIN HWANG SELECT ASIA (EX JAPAN) OPPORTUNITY FUND
EASTSPRING INVESTMENTS SMALL-CAP FUND
KENANGA GROWTH FUND

the last one is at 93% while the rest is at 1% each....
still in love with my portfolio and glad that i understood the basics of having a diversified approach in investing unit trusts?

ah hah. trick question and I'm not taking the bait buddy! I should have said I love your portfolio based on the funds listed but if you place 95% in Malaysian EQ then hats off and gg to you. lol.

Merry Christmas

Are you able to address my other question? Namely, in the event of a global recession, is it wise to make use of the switch function, and switch out from equity-based funds to balanced/bond/money_market funds? Because I see that in recession equity based funds can easily lose 33%-50% of their value. Or is it the norm that even in a recession we should not touch (switch or sell) our unit trust funds?

This post has been edited by contestchris: Dec 25 2016, 02:24 AM

Merry Christmas to you too brother. have a wonderful weekend ahead and a good night

it depends on the person's character and aptitude in dealing with a recession. I will list down how a few of us deal with a downward trend say malaysia for example. if one of the groups calls to you then proceed to follow their methods.

1) passive investors
they will invest their funds and don't look at them for years. a frequent top up or two within a year but nothing phases them as they believe all the loud noises like global recession is just temporary and all that would just be a little speck on the chart.
adele123 and a few are avid supporters of passive investment.


2) active management investors
they don't like wasting time placing their funds in a fund that doesn't do well in the next 6 months. example malaysia small cap and bonds. they aren't expected to do good anytime soon as there is no injection apart from the elections in the horizon so a switch buy is conducted within the same house or they switch it do a lower tier fund to lock profits.
these are the guys who jump from one horse to another and maybe in a few years come back on the same horse abandoned a year ago after it has recovered. I sit in these groups.

3) the buy low sell high investors.
they gather their ammo before a recession and these are the people who wish for things to drop like a bad economy or trump winning. these are the guys who expect the economy to plummet and they pick up the scraps and know that their investments will improve. think of them as the stock traders in unit trusts.

so which of these groups that struck a nerve? if it does welcome to the group.

I mean I'm just starting out. But I don't seem to fit to any of the three. I definitely do not want to be totally passive. As I mentioned earlier, at the very least I want to make changes during a recession (switch out or sell when things are about to get worse, switch back or buy when things are starting to get better). Sure you can be totally passive cause after a recession the market will usually quickly recover to its per-recession high, but by taking some corrective measures I believe you could make a handy profit.

At the same time I do not plan to actively manage. A lot of what I am buying is just overall sectors equities. Unless, in the future if I decide to get some Brazillian equities for example, then yeah I will need to keep pace with the Brazillian market news and switch out when required cause Brazil can be volatile. Over time I guess once I get to know the market trends better I will do some switching in and out for the funds I have, but still I won't call it "actively managed".

Guys, another thing I want to ask about is, how come some of the funds appear to be using another fund as their basis?

Like the TA Global Technology Fund uses Henderson Horizon, and a number of RHB/CIMB regional/global funds use Shroder and Principal Global. So what's the purpose of these funds if they are effectively just using another fund? The only regional fund I can see that handles its own portfolio is the CIMB Asia Pacific Dynamic Income Fund.

Would like some explanation regarding this. Maybe I am misunderstanding it and the likes of RHB and CIMB still do play an active role in managing the funds even if they are using Shroder or Henderson Horizon or something else.

If you noticed, most of these funds are investing in foreign areas such as debeloped market or emerging markets far far away

Probably they didn't have the expertise to self manage such funds but they wish to bring in such investment opportunities to local investors (assumed this kindness )

There are difference between single feeder fund and fund of funds, which you can refer to xuzen as below:

Really? Even bonds and money market funds? Surely at least they lose less, no?

income from i-Fast should be filled in to lhdn?
base on dividend or split income?

no need already...for they had been tax before distributing to you.

They tax from our account? using our name or under their company?
uhmm need to check back account receipt.