this got alot to do with the type of managed portfolio the investor chooses ..... the person on the other end just allocates the asset according to the investor preferences....
if the investor choosen to be high in equities vs fi ratio....then during the "BAD" times...have to bear with the downfall risk lor.....nothing much the the person at the other end can do....they have a mandate to keep to that ratio.....

deleted...2x posting

This post has been edited by MUM: Dec 15 2017, 11:26 AM

my diy and managed port are both balanced profile with about 60-40. i'm comparing these 2.
in rising market...seems like managed port beat my diy. so i'd like to see how it handles falling market.
then maybe i can finally decide what to treat my managed port as..

Guys, I wanna ask you.
I thought bonds are supposed to be low volatility and tend to do well when stocks go down..
But how from what i observed, during this dip bond also goes down as well...

Bond already not so good returns during good times, but during the downtime, it seems to goes down at the same rate as stock

Must see what kind of bond. If EM bond sure la. Then must understand science behind bond fund.
Is it distribution or is it Feds increasing interest. If feds increasing interest, there's nothing you can do about it as bonds will get sell down whenever Fed's increase interest rate as interest rate is perceived to be safer than bond coupons. In order for the bond to retain the same coupon payout, value of the bond need to drop.

And since a bond fund is a collection of bonds, except some sell down of bonds, hence the bond fund is also not spared.

Is your bond a foreign bond? MYR strengthen by ~5%...so is expected to drop 4-5%

affin hwang select bond and rhb EM bond...
Yes, both are foreign funds

having this 2 also.

any other alternative ?

he coming. expecting strengthening of MYR. but not too sure post ge

2 weeks ago, FSM came out with this.

All in all, we believe that a fund with an unhedged foreign currency exposure is a double edge sword. As we have mentioned before, for investors who have invested into the unhedged foreign funds over the past 2 to 3 years, they might have earned very handsome return. However, with the current market condition and the several factors that are pointing to increasing positives for the Ringgit, investors who want to have exposure to foreign bond funds could consider the Affin Hwang Select Bond Fund - MYR or Eastspring Investments Global Target Income Fund; both fund managers implement appropriate hedging strategy with most of its foreign currency exposure hedged back to the MYR.

What’s the prospect for Ringgit in 2018?
https://www.fundsupermart.com.my/main/resea...mber-2017--9144

yea yea yeaaaaaaaa LOL

Seasons greetings fellow UTF particpants,

It was a good year wasn't it? I think most of you who were with me for a longer time , would have made some gain this year. From Jan 17 to Nov 17 we were all laughing to the bank. If not double digit, at least a high single digit gain.

Having said that, it is the time again for us fortunate ones to take note of our blessings and to give back to society. Yes, be charitable... give some back to the less fortunate. I'll start with myself:

This year I have donated to the Penang Flood Relief & Sri Lanka floor relief via Tzu Chi Foundation and Persatuan Bulan Sabit Merah.

I hope you all will find a suitable cause to support. And btw, under Income Tax Act 1967 Section 44 (6), any donation to approave charitable bodies is eligible for tax relief up to a maximum of 7% aggregate income. So, go ahead, donate and save on tax. Do good, and be rewarded here and now... no need to wait until the afterlife.

Xuzen

I remember you saying this last Christmas and this year you are doing it again. Because of your post and me accepting Buddhism as one of my religion I started giving out more treatments that I do not charge for those who truly cannot afford it and being more charitable.

Thank you again for the reminder.

AmCummulative Growth Fund vs Ponzi 2. Thoughts?

https://www.fundsupermart.com.my/main/resea...mber-2017--9147

I would select to take Ponzi 2.0 for
1) the 3 yrs volatility % is 20% lower
2) per calendar year performance is much more stable.
3) it is under "recommended fund list" for a number of years

but for those wanted to know more about AmCummulative can refer to this latest commentary by FSM....

https://www.fundsupermart.com.my/main/resea...mber-2017--9147

AmCummulative looks more closely resembles Greater China fund. Also they are technology centric. So if like me already have TAGT might not be suitable since already have so much exposure in tech. Or for those that have alot of Greater China exposure. Just my 2 cent

This post has been edited by WhitE LighteR: Dec 17 2017, 11:11 AM

Ponzi 02!!!!!!!!!!!!!!!!!!

Suggest you learn about where cryptocurrencies investors/gamblers store their coins before simply commenting and getting corrected. Hacking of exchange is not surprising, but people are stupid to store it there. We have physical hardware that can store our coins.

Answering to the question above, 10% of my entire port is still too much for me to bear. Currently at around 5% of cost which tripled itself. Majority still in FSM

One more thing to add, the amcumulative is ASIA ex japn fund while ponzi 2 is ASIA PACIFIC ex japan fund.
I have both of them, because in term of country expose, they r very diffrent:
amcumulative no india no australia no shenzhen or shang hai stocks.
Ponzi 2 invest 10% to 20% to australia, 10% to india, 20% shenzhen tech stocks or shang hai finciance stocks.

-1.29% for my Nov

my mod aggresive managed port MoM -2.84 for Nov.. oops