they are probably more happy than you do to have less work to do.

Depand on your favourite...If u do this k you can manage to do it your own.. what wrong with it...

What's the opinion on CPAM Greater China vs Eastspring Dinasti? Both are greater china funds, CPAM's has more allocation to the financial sector. Performance over the last 3 years seems to favour Eastspring's with higher returns and lower volatility.

It is normal unit trust still show i'm losing money after 6 mths?

yes of course. you are currently riding a storm. just hang on tight and average down your investments. buy during a dip. ahoy matey!!!

Of course is normal. Why?
1) depends on the fund management skills of picking stocks. If he/she's lousy, then your returns also lousy.
2) Unit trust is still a basket of stocks. Never forget that.

If you cannot stomach such losses, best to stick with promo FDs, EPF and amanah saham fixed price fund.

today Asia ex Jpn red again good is, msia is green

As long as MYR didn't strengthen still not so bad....
like last week market down + MYR strengthen = double kill....

I had select CPAM Greater China instead of Eastspring Dinasti for the supplementary section of my port, bcos I wanted a more diverse fund instead of a Shariah Compliant fund which kept some sector away from the FM.

performance wise....Performance over the last 5 years seems to favour CPAM's at 17.3% annualise vs Eastspring's 15% annualise thus CPAM's did had higher returns and 20% higher volatility too.

as they only form 5% of my port...thus i guess it does not affect much to my port eventhough it has 20% higher volatility than EI's

what fund did you buy?
if you only had a fund...may I suggest you review your purpose of selecting that fund in the 1st place.
then review again...how long do you want keep seeing it loses money before doing some action?

Thanks, oh but mine is auto transfer $1k from my saving with standing instruction..
Am i doing it wrong?


This post has been edited by dopp: Dec 12 2017, 07:35 PM

with just this 2 posts......then asking am I doing it wrong?

Are you buying from FSM or banks/agents?
If you are buying from banks/agents that's correct as everytime you buy from them, it will incur 5.5% service charge compare with 1.75% if you buy with FSM.

Of course it help to know what the funds are you investing in too. As mentioned previously, it depends on how good is the fund manager. If a fund manager is bad, expect at best normal FD returns or worst come to worst yearly negative returns.

It could also be up to 6 years...

"normal" refers to events which frequently happen... past is past, what is in for the future is for all to speculate and predict.

1. You selected and picked the fund... so when market is down, please blame the fund manager for being 'lousy'.

2. It is more common to describe to UT as a pool of stocks... as a basket is usually a small container to hand-carry a few things. Maybe because of this "basket" view of UT funds, the above reason why you expected the fund manager to be able to trade stocks in high volume to keep ahead of the market?

To any new investors, I would rather say to take the risk if he/she has the money to spare and invest. Since they are here in this UT thread, I would also say the risk can be taken bit by bit... by spreading out the purchases over as many years as possible.

This of course do not applys if the new investor wants to have his returns in a fast and furious way. I wish them luck; and I would suggest to pick funds with the highest volatility.

Or better still, choose bitcoin.

1. No one escapes a down market. Unless you can pull out in time. That's why I said timing is important yet I get ridiculed for it If one buys at the peak, good luck. Need balls of steel to see your investment drop by 30%. Now, 5% drop only lots of people making noise. How to tahan if drop becomes 10%? :drools: :drools: The thing is how many people can tahan 5% drop? If cannot tahan, sure hand fast fast click sell, thus locking in real loses and then blame unit trust cannot make money.

2. Basket/pool ke whatever, they have the same meaning of collection of stocks/bonds.

If they really cannot tahan such losses, best to stay away and be safe. If one keeps locking in losses, wouldn't it be better to stay in FDs and amanah saham?
1) get good night sleep
2) small profit/positive returns also something better than keep locking in losses.

If they can stomach losses, then it's OK for them to venture into stocks or unit trust.

Just my opinion.

This post has been edited by Ramjade: Dec 12 2017, 08:34 PM

But in the previous post, it was your opinion that funds can be normal to be 6 months down and losing money... why? Because... "it depends on the fund management skills of picking stocks. If he/she's lousy, then your returns also lousy."

What fund is it that is so badly under performed that is not due to the market downtrend, but due to the fund management... and yet you choose to select and invest in?

They are so many funds out there in the market to select, why hype on bad funds when we can focus on the right funds to have?

For a youngster, you seemed to be too hooked on "lump sum investment" and its related risk of a single purchase/investment.

Have you found a job and has the spare money to invest?

Cheers.

If within 6 months the fund is not making money when all funds is making money, something is seriously not right with the fund management. A few good examples:
- Amasia reits
- Affin hwang quantum
- Public mutual funds

We all see that in the past 6 months, almost everyone have a good run. But if your fund lacks behind everyone for 6 months+, it's time to do a little digging why is the fund not performing.

When during a downturn, a good fund is such fund where it fall the least when compare to it's peers.

How many people know how to select good funds? Everyone in Malaysia only know about public mutual and that's the defacto fund everyone will buy unless they do research.

Lump sum and investments and buy on dips both have it's pros and cons. When the fund/stock price is approaching all time all, still brave to put money inside? There's no safety margin there. I know I got no balls to put in when everything is all time high. Hence I seat back and collect stock dividend or just leave the fund on auto mode without further injection. Accumulate more cash for further injection when there's mass selling.

Inject more when price is dropping, inject less or don't inject at all when all time high

Of course. Why do you think I have less time here?

This post has been edited by Ramjade: Dec 12 2017, 09:33 PM

"They are so many funds out there in the market to select, why hype on bad funds when we can focus on the right funds to have?"

This is what this UT thread is for... about UT funds, not "better to stay in FDs and amanah saham".

Congrats on your new job. Still don't have the spare money to invest? Nevermind... keep it to yourself, as it not relevant to this thread on what you do unless it is UT.

Of course we need to know about bad funds. When we know/bought a bad fund, we learnt how to spot a bad fund manager and stay away in the future. Once you bought yourself a bad fund, the knowledge will stick with you.

If someone keeps making losses, tell me does it make sense to stick with unit trust if they don't know how to select a winning fund and keep buying bad funds/stick with lousy fund manager and get normal FD returns (not even promo FD returns) only, does it make sense for them to stick with unit trust when promo FDs and amanah saham can beat them hand down? (FSM do have such funds)

Of course got but as I said, if all time high, you still got guts to inject money in? I know I don't. Hence I am accumulating more bullets for that time when I can do a significant injection. I don't need to chase short term gain of 10-15% when I and lose it all within 1 year if a severe correction does happen. Better I seat out on the 10-15% gain and wait for 10-15%p.a for few years.

This post has been edited by Ramjade: Dec 12 2017, 10:04 PM

So have you taken advantage of the recent drop? Or you still waiting for further drop before injecting in a lump sum?