Yes, I saw that. My issue was that there's no credit quality information on their holdings, and it is unknown where 60%, a significant portion, of their holdings are from. Argentina government bonds? I hope not. Its quite clear that they hold mainly emerging market government bonds, but more transparency would give more assurance. Maybe I was being over-dramatic earlier.
Agree that ASx should not be considered for stock portion of portfolio. But I think ASx compares favorably to bonds - zero volatility and probably higher risk-adjusted returns. Yeah, not being able to deposit into ASx easily is a point against it, and ASx being not on FSM makes rebalancing tricky.

ASX FP UTF... ah, the enigma, the enigma...

This product does not comply with any FRS. It is more like a suka - suka type "my way or the highway " type product. Enjoy it while it last. When one day, the shit hits the fan, and those "privileged" must then need to come down back to face reality and participate in real open market / economy. In the mean time, enjoy the wine, song and dance.

BTW, you will not get any info on these ASX FP UTF on Morningstar website, and why? Coz they are not real funds. They are created in a microcosmo la la land.

p/s Oh I forget to add... Bernie Madoff's fund also have almost zero volatility. Long Term Capital Management bond fund too was having almost risk-free behavior. Google them and read about it.

Algozen™ version four speaketh; listen well...(The values are now in MYR correlation).

Let's take 13% as the expected return. In order to get 13% the composition of UTFs are as below.

KGF @ 15%
REITs @ 10%
TA-GTF @ 25%
Esther Bond @ 30%
RHB EMB @ 20%.

Std - deviation of this portfolio is 4.41% and the risk to reward ratio is 13/4.41 = 2.95.

Xuzen

Algozen™ ver 4

Optimal port for 11% ROI are made up of:

1) Lee Sook Yee      UTF = 10%

2) Selina's  UTF = 15%

3) TA - GTF = 15%

4) Esther's bond      UTF = 50%

5) RHB - EMB UTF = 10%

Total = 100%

3 years historical annualized return is 11%

3 Years annualized volatility is 3.52%

Risk to reward ratio = 3.125

Happy or not?

Xuzen

Wowwww.allocatiob for Ta GTF and Ahsbf changed thhat much since ?

Sorry guys .. im fairly new to UT , however i would like to ask will my current portfolio of

CIMB APD 15%
TAGTF 20%
CIMB GCEF 25%
Manulife IndiaEQ 35%
EI Dynamic 5%

allocations should on par or outperform FSM Aggressive Managed Portfolios of projected best MYR36k+ in 5 years time.

Can I ask:

1) Anyone know where Chen Fai Fai go?

Hi, I am FSM platinum member. And has invested for a while. I am male. 28 years old. 1st Half of the year 2017 made 20% returns. Fund I bought are invested in Malaysia and Asia Ex Japan. Thank you.

who is Chen Fai Fai ?

If you are referring Mr Chen Fan Fai, he still with EI

It is to my understanding that the current East Spring Investment Bhd Chief Investment Officer is Rudie Chan Chee Kong. Formerly it was Chen Fan Fai. May I know what is CFF doing now if he is still with Eastspring?

Haha, I roughly introduced myself, by stating gender, age, range of investment amount and investment region for 1H 2017. Nothing more than a sentence. And did so because this is my first time ever posting. It was not meant to give too much info or hurt anyone. But it kicked up a storm and invited negative comments.

My intention is to ask a very legitimate question. But it seems like there isn't an answer here. My advise for all is to look at things positively. I started investing in property when I graduated, and later added in Unit Trust. I am aggressive and has applied bank loans (creatively) to help me in getting more capital. I am still growing the little portfolio I have. I don't think it is necessary for me to prove anything to forum members of my legitimacy. If we only think of something as impossible, then let it be forever impossible for us.

I try my best to find ways to do better, to do more, to squeeze out that little bit extra and to build my investment. But really, I am sure the more seasoned FSM investor here understand why I ask about Mr. Chen Fan Fai.

Occasionally you can see me in some FSM events by invitation, last I went is Affin Hwang's talk in Bangsar Le Midi,probably one of the youngest attendees. Hehe. Thanks Eugene Lye for the invitation and if you're reading, keep it coming

But I realised we won't be better than guys in investing.
Alot of emotional and uneasiness strucks in, thus can't make decision fast and accurately. Investment is heavily on impulse instead of research.

Haha. Maybe just me though. Sorry off topics abit.

Maybe we can read it differently ? During his time in RHB, it was a bigger team, and now he is in Interpac, the team is small, the current performance would mostly be his single handed effort  ? 

last year end went to tropicana golf resort, heard affin speaker talk about their view n prospect in asia ex japan. Went home switched large chunk of portfolio to affin hwang ex japan. Then also donno why, first 3 month of this year shot up until fund close. Then went to bangsar one, affin was trying to promote absolute return fund 2. But this guy kept on saying china is good, china is good china is good, so i shift part of portfolio to china, also shot up. Recently, i went to (not by invitation) but by purchasing ticket, also another talk by affin, the MD reaffirm malaysia has more leg to go. So I also look around, and shifted chunk of portfolio to interpac, also went up. I switch here and there base on fund manager view and my personal research, in large chunk. And portfolio is not balanced, unlike what others would recommend. But I am confident in my own observation. Not possible to go to a talk where ppl tell u this FUND will shoot up. They can only give general view and region to recommend. Whether to place large chunk of ur portfolio into one region in a "high risk" bet and win, really depends on the person. Some ppl r not passionate about fund flow, I recommend they do DCA and be happy with double digit returns. Play like me will get burn they say. But I have no patience to save sex for retirement. I have the balls to borrow money from the bank and invest. Others dont. So we each get what we deserve base on our risk reward. Fair? I never state how much i invest in UT la, I juz state my FSM membership eligibility. Don't too excited. 12% per annum return, 30 years later is also a lot.

Subsequently kapchai and ponzi 1 were removed 

ok time to buy some with the ongoing promo

currently this is what i have:
Affin Hwang Select Fund 25%
CIMB Asia Pac Dynamic Income 21%
Kenanga Growth 20%
Manulife India 23%
RHB Asian Income 11%

i am moderately aggresive

thinking of adding kenanga growth and affin hwang select.
what do you think? any recommendation for new fund?

thanks!

Hi all,
Do you think the security for FSM is a little lax when selling fund and transferring to bank accounts? Why isn't there any TAC for confirmation.
I think most ppl here have ten or hundreds of thousands in the account, but from the way i see it, everything can be done if your password is compromised

This just struck my mind.

I wonder what age groups are the current FSM investors in this forum? Can we create a poll like this?
A. 21-30yo (the Gen Z)
B. 31-40yo (the Gen Y)
C. 41-50yo
D. 51-60yo

If you are a 11-20yo millennial and already saving up and investing, Kudos to you.
It's just interesting to know what age groups do the people like Xuzen, Ramjade and Avangelice belong to. So that you can compare this to yourself at your current age and get a grasp at  whether you are ahead or behind your peers.
Much like comparing the performance of a UTF to another of the same market segment.

What do you all think?

So far I think amongst all the responder, I am the oldest.

But it brings me immense satisfaction to know that because of the regular inputs provided by the regulars, more fellow Malaysians have the confidence to invest in UTF and be wise about this method of investment.

And further more, to let them know the folly of putting money in FD and to stay far far away from the evil corporation know as Pucuk Mati (PM) Berhad.

Xuzen

p/s also it brings me great joy to know quite a few of you 'tards are getting double digit ROI.... kudos!     

silent reader here.

I m in group B, Started FSM since October 2016. Was saving in FD/ASNB/PM since start working.

ROI from FSM till today around 8.5%.. totally beaten my PM UT.. MY PM made 5 % lost till oct 16, however it recovered after i do intrahouse switching, currently only start to gain after 4 years investment..

currently allocation for my saving FD/FSM/ASNB/PM is 35:25:20:20, my FSM is 80eq:20Fi..
i intend to increase my allocation in FSM by DCA in FSM.
currenly holding more than 8 fund in FSM, catch all the pokemon style =)

These people are talking about getting double digit ROI for a year, or there about. So the measure is clear, the difference is obvious, no need so many bolts and nuts.

Out of curiosity..

How much can a unit trust drop in a day? I mean the NAV..

In stocks a ringgit worth stock can plunge to cents within a day.. Can it happen to UT??

Let's take interpac as an example..

Assume... I use the word assume... at the end of 31st August 2017 it reaches RM2.00 and the very next day 1st September 2017, it drops drastically... Within a day, how low can it go or how low can it's NAV drop in a day?

Can it drop to RM1.50?
Can it drop to RM 1.00?
Can it drop to RM 0.50?

Maybe senior members and in house FSM agent can share their experiences and thoughts ...

I ask this question because, some might believe UT won't drop as fast as stocks within a day... So their point of argument may be go in now and sell off when it starts to drop..

So will UT drop drastically, as fast as stocks within a day???

Hahaha, Xuzen and Angel don't so mad.

I am a troll. But I am also a damn good troll that is rolling on very good returns.

Please see me as the opposite of Xuzen the UT master.
She is the angel. I am the devil.

But make no mistake, we both make a lot of returns.
Used to own two funds that shot up in feb and march until they close. I am sure u all know which two funds. But after they closed what do I do? I sold one of them all of it immediately and switched to Interpac!

Will i sell interpac????? OF CUZ!!!! When the time is right! Please follow Xuzen for good advice.

Hahacat is troll advise. But make no mistake. Returns are all in double digit annualized since day one hahacat started to invest. HAHA. Meow.

Forum is really full of stupid ppl. There is such thing as a stupid question. And one shud really think before asking. It is this environment that one can just ask anything hoping others to give easy answer that create lazy and useless people. Who the hell sell of their properties because of a slowdown. Property is no.1 long term holding. Unlike stocks and UT that is liquid. Property slowdown is not a property bubble. What's the rush, just eent out property. Can u rent out stocks? Oh my god, this level of thinking. Bye. Waste my time here.

There's so much truth in what i say, if u take time to really think and read. Not needing to prove anything but juz wanna give u a picture, so u start believing and get down from your little world. In the world of sharks, i am juz a cat. Attach snapshot of my interpac safi holding. Meow.

If you want aggressive, I think it's better you DIY by buying all equities. Go max out.
I believed FSM SG returns are better. Reason:
1) better and wider fund selection
2) lower fees. Flat platform fees of 0.5% p.a only. No other charges.

Ask dasecret how is it. She invest in FSM SG MAPS. I don't even havr account with FSM SG.

Those UT consultant here who took FIMM license, you are all fully aware that Msian regulations allow leveraging of unit trust up to 66%. Which means by right we are allowed to borrow up to 66% of our total fund invested in a unit trust. Many banks now do not offer this at all because they had bad experience before. Lend money to customer but unit trust cannot make it, didn't make enuf returns so customer also dont want to pay back. Become bad loans.
Those were the days. So today, everyone is not offered this opportunity. Everyone also believes borrow to invest in Unit Trust is crazy and wrong and bad and confirm fail. In the past we dont have FSM, no internet, dont have free flow of knowledge and fast moving news. Today, its a whole different story but we still live in the past. Hehe.

Thank you friend HahaCat for the compliments. I made losses in China in mid 2015 also because I used  Algozen™ ver two. I have always attributed the failure to me using a one year historical data instead of longer period .

If at that time I were to use three years average data, perhaps, I could have avoided that loss. Oh well, lesson learned, and that is why there is ver three and now ver four.

On India, IIRC, I entered into it not long after Modi took office and Sensex just took off. It came down a bit when he introduce the tax reform, but that was not long, the index shot up again. I think it was down like one or two months at most.

With regards to TA - GTF, I entered it not long after the One AmDeeBee fiasco which caused an international perception problem and caused our MYR to plunge. Took advantage of that by buying up US heavy UTF to ride on the FX play. However, along came Trump and his winning helped to push the US stock higher. Trump's winning was totally unexpected (can call it a black swan event) , it was an unexpected boon to my port nonetheless.

Xuzen

p/s To recap, the last Algozen™ ver four reading about a month back, she is bullish on local equities, with a caveat, it is purely a election themed play.
Next Algozen™ ver four reading will be in mid quarter three , somewhere in Aug or early Sep 2017.

One of the aunties here is a stronger promoter of IRR wor. 

There is only one typo there maybe you want to correct, otherwise it does not make sense.

not ---> now

guy3288 was doing it as a lower scale. I did not hear him borrowing money to invest in UT. Maybe the previous guy3288 is now evolved into HahaCat ? LOL.

I give it a pass on the IRR discussion.

there is no perma friend nor enemies. It is all about sharing experiences. I recognised that there are more than one way to skin the cat.

If you think crytal - ball style works for you, then go ahead. If fsm managed portfolio is your cup of tea, go ahead. If Sai Lang kaw - kaw ala Cat kung-fu style, go ahead.

At the end of the day, it is your money, your call.

Xuzen

Any really experienced before ?  Did Amanah Saham indeed deliver the 6% during terribly bad time ?

[attachmentid=8975941]
Lai Lai come come, I give you Maggi Mee®: Cepat dimasak, sedap dimakan™ answer

Which bond UTF has the most negative corr-coeff with the equity portion. If you answer correctly, I give you one candy.

Xuzen

It is just Ayam personal views
Ayam do not like to know some fund just cannot perform when every other fund is doing well.
There is good time and bad time in the market
Ayam only belip any fund will perform during good time, while bad fund do not perform even during good time.
Why would anyone want to belip they are good?