Crystal ball, crystal ball on the wall, tell me, why isn't RHB EMB performing after all?

Dear Crystal Ball reader, performing or not, is not of my concern.... what I did was to reduce your overall portfolio risk by selecting UTFs that have the lowest possible correlation.

RHB EMB did not perform does not mean that your port is not performing. Why are you unhappy over RHB EMB non performance when your TA Tech, Dinansti and others are performing?

And why is that so? Have you forgotten that the purpose of a low corr-coeff is so that not all the funds are going all in one direction. There shall be bound that some will move one way and some the other way, whereas if all move the same way, then what is low corr-coeff for?

Oh, and wasn't it was only two weeks ago we were all cheering and happily clapping in Oct 17 it was our best month?

Why so serious? Up and down is to be expected.... Algozen™ ver four port has been up up up for 11 mths in a row.. what is the odd that it will go down after 11 mths of straight up up up?

Be realistic a bit...

Xuzen

As if EI does not affect by Ringgit fall...Both are foreign funds, both were affected by currency. I was comparing the two because both are covering Emerging Market region, can you read English or not I used 1 year because we only talk about adding RHB EMB due to Xuzen Crystall Ball ver 4 around July/August this year Ok?


I sudah cakap i agree with this reason of keeping RHB EMB yet someone still have hard time understand...

Okay, you have a different opinion from Xuzen... fine with me, as I don't want to find out how that post and conversation between him and you, comes about.

Regardless, it is still silly to compare apples to oranges, and use an orange to replace an apple.

Equity funds is a lot different from bond funds... eventhough they are both foreign funds... hence forex changes will affect the net performance growth differently... if the former has a gross return of 35%, and its net return becomes 30% due to forex, then the later a gross return of 6% will have a net growth of 1%.

It terms of percentages, forex impact on the bond fund is higher, and is more significant.

So... while it is true that forex will have an impact on all foreign holdings whether cash, bond funds, equtiy funds, etc. the impact is not the same as we cannot ignore and disregard the total returns from the funds themselves.

True enough. I would be silly if i was comparing say, Ponzi 2 vs AHSB due to both in APAC-ex Jap but huge gap in risk/return, then you can shoot me for all you can

I personally treat this RHB EMB "as" balanced fund due to high risk/return characteristic, i remember some others here as well. I wouldnt consider investing EMB as FI to lower my risk at all. But investing in EMB as Region diversification and low correlation with other funds then it is still make sense.

It only makes sense by looking in the review mirror and takes into account the sharp fall of the ringgit beginning from the 3rd quarter of 2014.

If we disregard the sharp fall of the ringgit from end 2014 to end 2016, then where is the "high risk/return characteristic" of the bond fund?

See this link in Morningstar on the fund's return... https://forum.lowyat.net/index.php?act=Post...9&qpid=87131468

The returns before and after the above ringgit-fall period:

2013 = 0.31%
YTD = 3.37%

A bond fund is still a bond fund, and it is still considered as fixed income catergory. A balanced fund can be classified as both a fixed income and a growth fund... in the long run, they would be hard to out perform an equity fund that was geared for high growth.

By treating the bond fund as a balanced fund, you could be taking less risk than you think you were taking... since it is now included inside the equity portion of the portfolio.

Anyway, the main point of having any diversification of having different funds either in different regions or categories is consistency. It should only be changed if the market outlook or market forecast we held changes drastically than previous forecast or outlook.

Who knows... the ringgit could fall another round of 25% to 5-to-1 USD.

IDS +2.6%
0.5717
❤ ❤ ❤

I found out that lately Affin funds do not really perform well.
Is there a management shake up?

Famous Bond fund, famous Ponzi 1.0 and the REIT-property fund.

Those are Malaysian heavy funds, the second half of the year Malaysia stock have been rather stagnant. I say it's mandate issue.

Hey guys, just curious, what is algozen that xuzen talking about?

wa.. big war there.

but this emb... I hold half year bleed 4 months....

sure la hurt... that 4 months also cont 4 months..... alamak

sob sob.

I think it is sort of a crystal ball like software that can chuck out the potentially best funds to hold in a portfolio, after having considered their correlation, performance and risk rewards.....

But, the REIT-property fund is heavily at China, Singapore & Indonesia according to its September factsheet.
Malaysia holding is < 10%

URL: https://www.fundsupermart.com.my/main/admin...heetMYHWGIF.pdf

seems legit.

There is no reit which is doing well, lately.

Manulife Investment Asia-Pacific REIT Fund is doing pretty decent.

I beg to differ. Check your recent figures.

I bought both funds in March 2017.

Affin Hwang Select Asia Pacific (Ex Japan) REITS and Infrastructure Fund ROI is merely 2.7%
Manulife Investment Asia-Pacific REIT Fund ROI is 8.0%

Both ROI is updated to yesterday NAV.

For reference (not my portfolio):

[attachmentid=9369754]

This post has been edited by David83: Nov 23 2017, 10:06 PM

My manulife reit is still negative after several months. That I purchased using 0% service charge.

Maybe I entered when it peaked.

I have ditched AmAsia REITs fund due to its slacking performance.
This Affin REIT-property fund I bought using EPF. With merely 2.7% return, it barely can cover the SC of 1.75%.

Last two weeks, I remembered its ROI has peaked to 5% and I thought it'll be on-track to beat EPF dividend but this few days, the trend reverses.

These few days have been bad. I dare not look at my port. LOL.

This post has been edited by puchongite: Nov 23 2017, 10:15 PM