Eastspring Global leaders fund want to wind up...Just as I was about to switch in my Aberdeen fund into it...haih

I see it differently. After looking through Manulife India Equity Factsheet, it becomes clear, now is the discount period if you have been waiting for it. Largest sector invested is Financials and India has rocked with bank fraud by the magnitude of 1.6 billion. But this is just a blip, due to outdated security and will be fixed in time. This is due to weak sentiment and not a weakness in economy. Will be topping up tomorrow.

What is the definition of wind up? Fund closed to new purchase or fund cease to exists? It's part of the managed portfolio. Wonder how would FSM react to it

dont make the decision base on FSM research article.
they r not good on them, read more bloomberg news to have more market sense.

anyway, india per is the Highest among asian market make it very expensive.

I was a bit bummed with the news to read it clearly but my best guess is yes, liquidate. But it is pending a meeting resolution.

I also refer FSM to buy, irr -9.4% now
bloomberg didn't recommend this fund ?

Not news about the fund, but news about india equity and bond.

Recently, india faces quite many problems, as mentioned in eut india research:
- very high yield bond, but nobody want to buy. So gov and companies find no money to expand their business.
- bank fraud of us 1.8b due to bank system. And we dont knw is there any other fraud to uncover.
- high valuation.


I personally not prefer india at this moment.at least not h1 of 2018.

This post has been edited by i1899: Feb 22 2018, 01:37 PM

With regards to India, it was the poster child of growth back in late 2016 to mid 2017. Those who went in during those period would have been laughing to the bank [ like me ].

I exited my India position in Q3 2017 [ late Aug 2017 ] when she gets too hot and spicy [ getting volatile ].

Have not touched her since... still too hot and spicy for me.

It was a good decision.

It was a good decision.

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

I am planning to reduce my position in fixed income and be more aggressive to enter into equity fund. Yes, this time , I will follow Buffet's sage advise and be hungry when others are fearful.

My target is KGF [ RM 25K ] & Dinasti [ RM 25k ] next month.

Yeah baby, I'm feelin lucky.

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

Thinking out loud on Malaysia Bond exposure... my preferred is Asnita Bond and she was my darling when it come to Fixed Income. However, when the USD / MYR play skewed in favour of USD dominance, Asnita and other MYR denominated fixed income became unattractive vis-à-vis foreign currency exposure. That is why Esther Bond as well as other foreign REITs was de-rigeur for the past one year.

Now that the reverse is happening, Asnita once again is the safe haven she was before. I'll exit my Reits position in favour of pure equity as well. I am on a risk-on mode.

Xuzen

This post has been edited by xuzen: Feb 22 2018, 02:33 PM

Guys what is the best China/Greater China/HK fund right now?
CIMB Greater China, RHB China Big Cap, Manulife Dragon etc

Dynasty

Yes, I also embrace anista than Esther currently, not decided yet to go further extend my equity fund holding ratio, don't have big pocket ma, will go dca bit by bit both local bond and equity funds

Since currently the market still have volatility, more aggressive to enter into equity fund might not suitable for short term investment. Don't forget US fed rate might raised four times this year, the soonest rate hike will be on this coming March

depend on what u want.

CIMB Greater China is more geographically and sector diversified.
Disnati volatility is much smaller, but is islamic fund, only 1.32% in Finance sector. cannot buy almost all bank/ insurance / finance stock in G.C..
RHB is only Big Cap, no mid-small cap.
Manulife Dragon is only HK, no Taiwan/ China Mainland stocks.

RHB Emerging Markets Bond Fund keep getting worse.... one of the worst returns ever for a supposedly safe bond fund.

I think this is one of those high risk bond funds. So its not unexpected given the 3 yr volatility rating is 7.08%

i remember that, u mentioned you were going to replace your fixed income (RHB EMB) with REIT and believed that REIT is an enhanced fixed income.
if u can sustain by replacing fixed income with REIT in recent dips, then u should be no problem to increase EQ/FI ratio. Both of them should have similar risk level.

Good luck.


For me, i think that fixed income are needed to stabilize the portfolio during dips/ correction/ volatile time. Therefore, i choose to remain my position with fixed income but majority of them will be in ASNB Fixed price fund. Because, i could not find any [B]consistent[\B]** bond fund which is always outperformed 6% p.a.


** [B]consistent[\B] = 1M ROI >= 0.5% && 3M ROI >= 1.5% && 6M ROI >= 3% && 1/2/3/Y ROI >= 6% ==> ALWAYS IRR >= 6% p.a.

looking at recent performance, manulife is quite good

Being invest in the dynasti for a year .. the return is quit god. Planing to top up on it... Cure t holding more then 50k on it..

At Volatility of 7.72 p.a., it is definitely not a safe bond. It was a darling when the USD / MYR was in favour of USD. And she has low corr-coeff with most other asset class , if I recall correctly. Now that the same conditions are no longer there, it is time for me to return to the safe embrace of motherly Asnita bond.

With regards to ASNB: Not all citizen in Bolehland are created equal, enjoy your bumiputera'ness. In order for unprivileged citizen to enjoy par return as ASNB, we have to expose ourselves to higher risk. The good thing about this is, it forces me to be more in tuned to risk and its inner working thereof.

I relook at Manureits volatility and she has same volatile factor aka std-dev to KGF. So, given the same volatile factor, I choose the one that can give a higher potential return.



This post has been edited by xuzen: Feb 23 2018, 11:02 AM

those looking to place some bets on fund that has chances of beating >6% annualised.....
List Of Most Consistent Performing EPF Funds in FSM Platform
https://www.fundsupermart.com.my/main/resea...-EPF-Funds-9445

almost similar to my portfolio