Why the sudden sway towards eastspring dinasti? Why not other china/asia funds?

This fund was barely mentioned last time...

Asian equities recorded new high on today trading. Most likely there will be marginal gain for today, after taking account of bullish ringgit run.

Rm raise 1% for those fund based on usd now is headc

Well as a smart consumer we should only go for high performing funds. So whichever fund that can perform the strongest among its peers deserve my money. We should not hold on to any fund for too long if it is under performing.

does this ringgit rise across the whole Asian currencies that are in the asset of the fund(s) ?
does the quantum of ringgit rise is at the same % of the rise in the stock prices of the stocks that the fund(s) held?
does the fund(s) have any currencies hedging?

Diversify and be less concerned about the daily movement of the fiancial happenings, be it currencies, indexes, kim or trump.

how long would you set for yourself?

Depending on what fund you are holding. Eg ponzi 2 or greater china. their base currency are in USD. hence the strengthening of myr and weakness of usd  will cause the decline in the fund of the performance.
I do agree with you, diversification is an important.

Zoom into q4 2017, ringgit was  hiking like crazy.. it sort of compounded the effect of dropping of the all the fund. Eg, Schroeder ISF greater china on 29/12  0.33 however GC cimb -0.22. Other there are certain period where the target fund drop but feeder fund rise. As for yesterday, Msci apac increased 1  % , due the hike in myr which cancel off the gain. Hence we wont be seeing any spike in the fund performance.This is the FX risk, being mentioned in the prospectus
In a longer period term, there will be lesser fluctuations cause by FX exchange

I now have a historical data from period 1st Jan 2017 to 1st Jan 2018 ( exactly one year data ).

My port did a 7.XX% ROI, close to 8% p.a. In my twelve months of tracking, only one month registered a loss, that is in Nov 2017.

Std-Dev is also around 7.XX% making my risk to reward ratio around 0.9

Skewness is mildly positive around 0.19 meaning the port has a slight tendency to gravitate towards positive return.

Relative Kurtosis is negative meaning the data points tend to gravitate towards the mean and not diversely spread out.

=====================

Action plan for Jan 2018:

Top up:

1) RM 500.00 into Manureits: This is my defender. A cross between a pure bond and balanced fund. She will provide me stable return and also good diversification.

2) RM 1,000.00 into KGF. I am bullish / above neutral on Malaysia exposure because: PRU-14 effect, expected good corporate earning in Q4Yr2017, KLCI is now the cheapest PER amongs ASEAN peer, oversold, Foreign fund inflow expected.

3) RM 500.00 into Eastspring Dinasti. Hang Seng index PER is still in the single digit region. Cheap... bargain sale!

4) I'll give a neutral call on the US now. I'll stop buying TA Tech because US has very high PER , but I won't sell yet because their economic numbers remain robust. Unemployment rate is low meaning the people there have jobs and when they have jobs, they have money to spend. Which will raise domestic consumption. Tax reform, meaning less tax = higher earning for the US Company. US PMI index is above 50, meaning the production is expanding which means manufacturer are producing more goods.

Kitty & Ancient-XinG, the above are what my Lic FP shared with me during my tok-kok / yamcha / blow water session during New year eve.

Xuzen

P/S Let us Huat together - gether in 2018! 

Hey, wanna ask sifu here.
If you're buying equity type fund, what is the exit strategy if there's a bear market?
I don't have exit strategy......my exit strategy is when the fund(s) no more perform, no more in my intended portfolio outlook & composition, when I do my portfolio review...be it in bear or bull market.

Is this the time for a "portfolio rebalancing"?
I think, bear market is not a time to do rebalancing.....one may just redeploy his/her FI to Eq...but at times due to emotional fear,...I believe they still keep some in FI...

What would you do actually?
Sit it out....for if one had a diversified portfolio, thus nothing much need to do

Switching to bond/money market fund?
Redeem all your affected equity funds?
No,....too painful and too late for that...and will definitely missing the larger gains during rebounce....

read this article...FSM shows you if missed just some good days

https://www.fundsupermart.com.my/main/resea...the-market--431

Do nothing and hope for a rebounce?
Yes.....as history showed us that mkts always rebounce with a vengeance and all time highs are always created....

Anyone experienced 1997/1998 or 2007-2009?
for me, it is the Y2K dotcom burst.

What have you done last time?
sat it out,.....for i had the 1 important UT investing foundation that i practised......i ONLY used money for UT investment with the money that i would never need to touch for a few years..

Bro Xuzen,

So you will have IDS and KGF?

Regards,

Zoom into q4 2017, ringgit was  hiking like crazy.. it sort of compounded the effect of dropping of the all the fund. Eg, Schroeder ISF greater china on 29/12  0.33 however GC cimb -0.22. Other there are certain period where the target fund drop but feeder fund rise. As for yesterday, Msci apac increased 1  % , due the hike in myr which cancel off the gain. Hence we wont be seeing any spike in the fund performance.This is the FX risk, being mentioned in the prospectus
In a longer period term, there will be lesser fluctuations cause by FX exchange

Hey, wanna ask sifu here.
If you're buying equity type fund, what is the exit strategy if there's a bear market?

Is this the time for a "portfolio rebalancing"?

What would you do actually?
Switching to bond/money market fund?
Redeem all your affected equity funds?
Do nothing and hope for a rebounce?

Anyone experienced 1997/1998 or 2007-2009?
What have you done last time?