EPF's Q1 portfolio:
equities 41.59%...
50.53% in fixed income instruments...
EPF’s overseas investments, which accounted for 27.30% of its total investment asset...

Positive gains in Q1...

https://www.thestar.com.my/business/busines...e-of-rm12pt88b/

Good news!

Yes, in a way it is good news since EPF is covering the lost incurred in the UT portfolio.

In Q1, in comparison to EPF, the UT port was about 70% in foreign equities, about 10% in local equities, and the rest in mm funds.

Unfortunately, the local equity was all in small caps and incur heavy lost. Fortunately, its portion is small; so overall, it contributed about -1.5% to the port. The foreign equity contributed another 1% loss.

In the past 2 months, it gained 0.5%, so reducing the YTD lost to 2%.

Did some switches, tiny moves each month, and currently total equity is about 85%. Would continue to increase it to 90-95% by Nov.

If this year's performance is flat and not negative, it will be considered a "win".

My DIY port:


Latest IRR:


Meanwhile, my managed port(Balanced) is still -1% IRR.


Missed topping up in May...will resume this month.

good news...

but for Q2 later

I walked the talk and stayed away from my portfolio and LYF for about a month. I knew in my heart, it is a global thing and there is nothing much an investor can do, except to sell all and keep all in FD or Money market fund. But, hey! Where is the fun in that?


Wow! What a ride... ever since the mad-hatter POTUS came into power, it has been a roller-coaster ride. And don't forget the result of PRU-14,which is a black swan event and it happened right in front of our doorstep... and we get a first class podium seat to witness history in the making! Yippee Kayeh !


OK, let's talk about my port. To my very own surprise, as I log into my portfolio yesterday, it showed a large gain actually. I am sooooo surprise. It was negative since Jan 2018. Feb and Mar 2018 was largely a very depressing month for my port. In April 2018, the port had a flat, almost zero gain. In that sense, April 2018 seem like the point of inflection.


In May 2018, my port made a 1.2% gain M-o-M. The major darling are my TA tech [ US ] and Dinasti [ China ]. Despite all the noises, these two powerhouse still made some gain. This shows how irrational the market has become.

Losers are the M'sia UTF, which is understandable due to the black swan event that occurred recently. I also put some money in Manureits which is rather flatish and CIMB-ASEAN which turned south. But US & China combined did most of the heavy-lifting for port to give it a big boost.


Some technical data:

1) M-o-M ROI is 1.2%

2) 12 mths historical ROI = less than 1%. My Last one quarter loss wiped out my one year gain.

3) 12 mths historical Std-Dev = 1.2%. Yah yah... I know my port is not efficient.

4) long term skewness value [ 24 mths plot ] is negative. Meaning there is a higher tendency or probability to skew towards the mean.

5) long term kurtosis value [ 24 mths plot ] showed signs of a fat tail [ Kurt > 3 ]. This is to say that my port has significant extreme outliers and is prone to its effect thereof.


Xuzen

This post has been edited by xuzen: Jun 2 2018, 01:35 PM

yours is 1.2%...mine is just 0.5%

My FSM managed port is having 0.3% minus

anyway,...my DIY port is having 2 months of continuous up trends
the worst fund is KGF.... - 11% YTD ...contributing to about 1.5% of my current port loss
hopefully the worst is over for this year....


Attached thumbnail(s)

https://www.fundsupermart.com.my/main/fundi...Class-MYKNGF2MY

any idea what is KGF 2?

from that link.....
it is more like an Asia Pac fund but with strong % of emphasis in Malaysia

This post has been edited by yklooi: Jun 2 2018, 06:04 PM


Attached thumbnail(s)

they just tag to get the fame of the kenanga growth fund name

What is the difference from Kenanga Asia Pacific Total Return Fund?

After 3 months of loss, for me April up by 0.91% and May up by 0.72%

Mostly contributed by fixed income n money market funds. Biggest equity winner is TAGTF.

To my surprise CMF2 contribute quite a lot to stabilise the port. Ya I calculate my war chest in together.

Biggest loser is KGF

Go go go!!!

This post has been edited by WhitE LighteR: Jun 2 2018, 07:59 PM

time to average down on KGF

Is it time yet? I scare leh... I no see any buy signal yet.

just last week, some forummers are questioning their decisions about investing in global emerging markets.....

FSM HK has just this to say....

"As at 31 May, the consensus of MSCI Emerging Markets Index’s forecast earnings growth in 2018 is 13.2%. Historically, in years where there was double-digit earnings growth, emerging markets would fare well. The index’s forecast PE in 2018 is 12.1X, while in 2010 to 2011, when earnings growth was also rapid, the average historical PE is around 13X. We believe that under the premise that earnings do meet expectation, the current market valuation is at discount and the investment potential of emerging markets is still appealing."

https://secure.fundsupermart.com.hk/fsm/art...k-Markets-14768

Soon too up for epf.. or better top up Ponzi 2.. hmm...

Don't avg down on KGF...
Worse yet to come

Enter at your own risk.. Just saying

I will stay put!!!

Yah, I am surprise too...

The contributor to my port is TA Tech and Dinasti.

I truly believe and advise please switch log off your FSM port and don't look at it for a month, because when you see it everyday, you get lots of heartache and anxiety because the market is very volatile these days.

Come back in a month or two. You'll feel much better and maybe get a pleasant surprise, like what happen to my port.

Xuzen