Kenanga growth continue its slide.. so weird

Previous as you told were a dip ?So you sold all?

I sold on March 6 because scared of volatility , it was about +2% that day.
Then drop a little bit next day but next 3 consecutive days surge >1% per day
Loss quite a bit....

Which fund?

since Eastspring Smallcap is soft closed now, if i were to switch out from this fund, can i switch in again some weeks/months later?

as in this?
https://www.fundsupermart.com.my/main/fundi...th-Fund-MYKNGGF

fly highhhhhh wohoo

it reopened again now.

fyi...this is the reply I gets when I directed this LYN subject and post to them...

"Thanks for your email.

Kindly be informed that in the event of portfolio adjustment/rebalancing, the weighted return of performance of individual funds will not tie with the returns of the portfolio. This is due to the fact that the underlying funds reported in factsheets are reflective of positions of the portfolio at the end of the month. In general during portfolio adjustments, the positions of underlying funds change over the period of the month as funds are switched out first then subsequently new funds are switched in. For instance, new underlying funds’ 1-month return is not accurate attribution to portfolios’ 1-month return as these new funds may be included in the portfolio mid-month.

Below is the series of events that took place during Feb’s portfolio adjustment for your reference:

8th Feb – switch sell Eastspring Investments Global Leaders MY Fund {“EIGL”);
14th Feb – switch buy United Global Quality Equity Fund – MYR Hedged (“UGQE”);
28th Feb – reporting date for month of Feb. Underlying funds reported in factsheets is reflective of positions at 28th Feb.
The model portfolio(excluding cost) return calculation includes the benefit gained during the rebalancing process as the transaction of selling EIGL took place when it was at a relatively high value and buying of UGQE took place at a dip as markets were experiencing volatility due to sell-offs. In this particular change, we missed out on market downturn during selling. This benefit of rebalancing would not be captured when one performs a quick return attribution on an individual fund basis for a given time period due the different time periods of entry and exit of funds within the month.

We hope this clarifies. Thank you".

anyway....
looking at the variance of ROI results between them and us, and looking at the % of the funds that are involved in the change for the month..... I still have doubt

This post has been edited by yklooi: Mar 12 2018, 04:09 PM

Green port for today's... Tomorrow seen Asia and greater China still in green port probably will rise again 1% or more

Let's hope so. We've already suffered 1.5 month

What is flying bro?!

Asia board are almost all am green while the technology stock also raised ... Possibly high all will go green for greater China and the fund based on it

I admit that their customer service team really nice and tried their best to give an explanation.
But, to me, their explanation doesnt clarify the doubts : "the variance of ROI results between them *-0.6% and the investors *-1.8%".

In fact,
from 31 Jan to 8 Feb, EIGL loss -4.79%.
from 14 Feb to 28 Feb, UGQE gain 1.77%.
So, for that portion of funds *15%?, still encounter loss of -3.10%=1- (1-.0479)*1.0177,
worse than the value reported in the factsheet, for UGQE from 31/01 to 28/02 -0.99%.

Therefore, their 1M ROI should be worse than -1.8%, not better.

Ok, made my mind : i wont touch their managed portfolio.

If still drop will give opportunity to nimble and nimble bro... see it as positive side when it drops

affin hwang select asia quantum fund is it a gone case?

last time so power but now is the bad apple in my basket make my overall portfolio return so low.

should i sell?

do you have other fund(s) that you can substitute that with?

Yup.

My EPF money some of it unfortunately is stucked with them. I think their last fact sheet update was in December 2017. Hoping they at least says something about the fund instead of just ignore it .

not considering to switch to other hwang fund for your EPF?

My EPF is also stuck with Affin-Hwang REIT fund also.
ROI to-date is barely over < 1%.