My paper loss since January is rm3k now 8 still keeping top previous now just switch all China Asia to world .. or Malaysia ...

REITS I reenter to test market. but too bad. it's not performing.

India is residual from 2 years back. dint sell. just let it be.

25 global isn't just tech.

global for me is united quality, tech, and bimb global dividend.

Not so bad, i guess..
my paper loss is 24k YTD

O, I see.

Think it's good to have the 25% global split to 3 funds also for lesser volatility as they are now on peak return

I also invest in india, although now it drop badly because of the depreciation of it's rupees

But will still hold it and see

global also not really global.
I see this 3. tech is standalone. because it tech rite.
bimb and united both almost the same but the only different is bimb uses robotic while united not. both having similar exposure at around 60% in US. but sector wise a little bit different.
if add tech together this 3 like US fund. exposure to US so high. and most also tech related.

25% still doesn't matter lol. I just wait outside see show now.

the trade tension really driving me nuts for the past few months.

It has been quite some time since I performed top-up fund, suddenly request to add bank details at "Redemption instruction".
I engage live chat and was advised need to provide bank details.
I did dispute with live agent site clearly stated "Redemption" and I am not redeeming but to buy fund.
Unsatisfied, I called up the hotline.
An agent picked up "Hello, are you Mr xxx? I am the same person on live chat"

Long story short, send e-mail with screenshot of your bank account details to clienthelp.my@fundsupermart.com to update, done same day.

PS. mana pink spider?

The above is a question asked of me in my PM, and instead of answering him or her alone, I might as well share my thoughts on this matter.

Here goes:


If you have seen my latest Algozen™ ver four reading, you'll notice I have gone defensive, with 20% US, 25% M'sia Large Cap, 25% REITs and 30% MYR denominated Corp Bonds.

Now on what the stock market will be like, here are my train of thoughts.

PMI is a measuring index for factory productivity. A reading above 50 means that there is expansionary activities in factory production. So far the readings are all above 50 in US, China, Europe & Malaysia. So with all these trade war going on, why are factories still experiencing a increase in order and production? This is a classical case of FEAR & GREED overriding RATIONAL thoughts. I got this info from Phillip's in house analyst report.

However do note that the reading of PMI have generally dropped slightly compared to previous month. This means although there is expansion, it could be heading to a plateau, but definitely is not coming down.

The non-farm payroll in US has increased. And the job or unemployment in the US is at all time low. This means, people have jobs, lots of it... and when people have jobs, it means they have money to spend. When they have money to spend, inflation increases. When inflation increases, the central bank must increase interest rate to balance it, this is classic textbook finance theory 101.

In the US, employment is great, people have money to spend, Trump administration has reduce corporate tax which means most company will post greater profit before tax... hey, things are great there. Why would smart money expose to risk in emerging market when US is offering such good deal? Now you see a clearer picture why emerging market is experiencing a sell down recently.


Back to the question if everything is great why Algozen™ ver four goes defensive? It is because of how algozen is written. It dislike volatility and punishes volatility. Although the underlying fundamentals are great, the market is volatile and she naturally will favour a defensive position foregoing potential high return.

For those who is asking me what region I favour, don't have to ask me this question again coz' the answer is exactly how I position my portfolio. In other words, I put my money where my mouth is.

Xuzen

ASBN is launching two new funds, interesting one is asn equity 5, open for all Malaysian.

What do you guys think about this, worth while during this volatility period?

ASN Equity 5 is an equity growth fund that caters to the younger generation of investors who aim for aggressive growth in capital and net worth, PNB said.

Read more at https://www.thestar.com.my/business/busines...YH8czv42iiA3.99

what make this asn equity 5 NOT volatile? if nothing specific.....better stick with some older funds with track records on volatility level and ROI.?

This post has been edited by MUM: Sep 28 2018, 09:38 AM

5% service charge.. better u get something from FSM or eunitrust. lower service charge. Performance wise.. I.think there are cheaper fund on FSM which beat those variable Price asnb on annual basis.

Good to see you posting some of your thoughts again with some economic theory and not emotional rantings that we have been seeing of late. Just some questions:

1) What do you think of Malaysian Small Cap? Surely valuation wise it is rather attractive?
2) REITS are not expected to perform in an environment of interest rate hike (US, HK) etc.. Still maintaining the same allocation?

the only worthwhile from them is asm, asm 2, asm 3.

others can't .

Basically mostly Malaysia plus a little bit of US, that's all? That's unusual.

This post has been edited by wankongyew: Sep 28 2018, 09:36 AM

Ya, got 5% SC then forget about it

Answer to Q1: Small cap usually will rebound long after the Big Cap run. Right now is big cap turn first. You can buy if you think small cap is cheap, but how long have to wait for it to rebound, that is difficult to time. So, instead of buying and waiting, buy big cap and ride the momentum first. When it is small cap time to shine, then switch over. I recall I made some money from ES Small Cap from 2015 to 2016. It was a good two or three years for small cap at that time... double digit annual CAGR.

Answer to Q2: There is a definitely a risk. Will monitor. I will reassess my port in Jan 2019. Right now, I choose REITs for its lower volatility. It is a conscious decision to stay away from other more choppy market for the time being.

What is so unusual? I have been an advocate of Non-Pokemon playing style all this long.


Xuzen

you asked just 2 days ago....now he responded.....

With all these uncertainties and volatilities in the global financial market, investors might be getting more anxious than ever.
Hence, in this article, we will be discussing on what investors can expect and should watch-out in the last quarter of the year.

Where Should Investors Focus Right Now?
September 28, 2018
Author : Jerry Lee Chee Yeong

U all dont need to be so gloomy and despair, can make yourself happy a little bit by logging in and go to this link

https://www.fundsupermart.com.my/main/viewH...o_Absolute.svdo

Than can see the Profit & Loss (RM) already earn you how much so far since you participated in FSM

Hi sifus, I'm deciding between these 2 funds. Any opinions?

Affin hwang select Asia ex Japan opportunity or eastspring equity income fund.

I'd prefer something which has dividends but the affin fund doesn't have dividends.

one is a Malaysia Focused fund and the other is Asia Pacific focused fund......

both regions are good to have in the portfolio

why do you want dividend distribution? do you know that dividend distribution in unit trust is not stock dividend payout.
in unit trust, dividend distributions/unit splits does not increase the value of your money before or after the distribution....
Frequent Dividend Declaration Indicates That the Fund Is Doing Well??
https://www.fundsupermart.com.my/main/resea...June-2017--8510

Most of the Affin Hwang funds are not not doing that good!
They lost their shine!