Good day to you good sister,
I will attempt to answer you question objectively. I shall use two examples. And for argument's sake I shall take TA GTF and RHB AIF. From friend
Ramjade's words, TA GTF is the daughter of Henderson Global Tech fund denominated in SGD; whereas RHB AIF is the daughter fund of Schroder Asia Income fund. Both the mother funds are denominated in SGD.
A)
Lets take case for RHB AIF. » Click to show Spoiler - click again to hide... «
Three years ago on 31/3/2014: SGD 1,000.00 = MYR 2,595.23
Today rate as of 31/3/2017: SGD 1,000.00 = MYR 3,167.04
RHB AIF 3 years annulized return is 12.66% p.a.
Schroder AIF 3 years annulized return is 5.00% p.a.
Lets say you participated SGD 1,000.00 into SAIF 3 years ago, today value shall be SGD 1,157.63, convert it to MYR as of today rate = SGD 1,157.63 x 3.16704 = MYR 3,666.24
Lets say you participate MYR 2,595.23 (eqv to SGD 1,000) into RHB AIF 3 years ago, today value shall be MYR 3,710.95
RHB AIF wins mother fund.
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B)
Lets take the case for TA GTF» Click to show Spoiler - click again to hide... «
Three years ago on 31/3/2014: SGD 1,000.00 = MYR 2,595.23
Today rate as of 31/3/2017: SGD 1,000.00 = MYR 3,167.04
TA GTF 3 years annualized return is 18.78% p.a.
Henderson GTF 3 years annualized return is 13.28% p.a.
Lets say you participated SGD 1,000.00 into HGTF 3 years ago, today value shall be SGD 1,453.65, convert it to MYR as of today rate = SGD 1,453.65 x 3.16704 = MYR 4,603.77
Lets say you participate MYR 2,595.23 (eqv to SGD 1,000.00) into TA GTF 3 years ago, today value shall be MYR 4,349.16
TA GTF loses to mother fund.
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What is the takeaway message here?
Forex is too unpredictable. Some daughter fund wins mother fund; other loses to mother fund.
The final say is that there is no room for generalization.
My personal take is, investing is already a risky business, hence do not take in more unnecessary risky. For example, if you are not a resident of S'pore, it makes no sense to buy an asset that is denominated in SGD because you are introducing another element of risk aka unpredictability into the equation.
Xuzen
p/s Data are obtained form Xe.com website for forex data, FSM MY for both RHB AIF & TA GTF, FSM SG for SAIF and HGTF.
Mar 29 2017, 09:16 PM
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When the bank officer tried to reprint the details, there was nothing to be reprinted. After all, I told the bank officer to print the details on other blank pages of the passbook, since I do not mind wasting the pages in the passbook. 
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