this is what they think....

don’t cut yourself short
Of course, you can have too few funds. Bell adds that just six or seven funds is ‘probably too few’.
‘Single digit numbers may be too concentrated a bet on either an asset class or a manager or both (for a global, multi-asset, active portfolio),’ says Rob Kyprianou, an experience personal investor and former chief executive of Axa Framlington.
Kyprianou points out that it all depends on each individual investor and how widely they plan to spread their money.
In his Sipp portfolio – what he describes as a ‘global, multiasset active mandate’ – Kyprianou currently holds 22 funds, but this is currently ‘a little on the high side’, he admits.

https://citywire.co.uk/money/how-many-funds...oo-many/a721260


Do you have too many holdings in your portfolio?
June 10, 2016 by Danielle Levy

So how can investors strike the right balance? Gavin Haynes, managing director of wealth manager Whitechurch Securities, suggests building up the number of holdings as a portfolio grows in size, to ensure there is a good spread of investments.
'Portfolios that concentrate on only a few investment areas can be volatile,' he adds.
However, he believes it is not just about the headline number of investments in a portfolio. For those who invest via funds, it is equally important to have an understanding of the underlying investments at a stock level, alongside the potential correlations between the funds.
'You need to understand how investments perform in different economic climates, to ensure that your portfolio holdings are not going up and down in tandem,' he explains.

https://www.moneyobserver.com/our-analysis/...-your-portfolio

a forummer once mentioned, according to him...it is about the amount of money one invested in the port......(something like this) for him, if his port has 500k, he would spread them at 50k each, for the losses of EACH fund would looks normal to his appetite.....a 10% drop of NAVs of a fund would just looks bad at 5k loss......

Asian Stocks Decline; U.S. Yields Hold Above 3.2%: Markets Wrap

URL: https://www.bloomberg.com/news/articles/201...nd=premium-asia

Wow just wow...
5 or 6 is enough... Personally...
Your choice actually... There's no official recommendations...

For me I think instead of asking how many funds to hold, it's more important to ask how many sectors, countries or regions your funds are targeting to.

How much holding ratio you plan for each of this sectors, countries or regions to balance up the total expect earnings return and risks you can take.

For example, if you plan to invest 30% Malaysia 30% APAC 30% US 10% bond funds, then you can select one fund for each regions

Or you can also invest in 2 or more funds that invest in the same regions like if 30% Malaysia, you can invest 10% each into Kenanga Growth, Eastspring small cap and Affin Hwang Select Opportunity fund to spread your holding risks on the particular regions

May be i am wrong, but so far especially on volatility period like now my portfolio strategy did help to buffer the losses and maintain certain degree of earnings too.

This post has been edited by ehwee: Oct 9 2018, 11:47 AM

many would says.....yes if
1) you are paying taxes now
2) you are eligible for the Youth incentive

Depends on you. If you feel it can go lower, just wait. If you feel now is low enough, just buy.

Kind of agree. But I am still waiting. I still haven't exercise my tax relief for the year 2818. Hopefully it drop another ~7% some more.

Yes because you pass the cut off time already which was 11am.

Portfolio still bleeding!
Brace for more coming storms!

This post has been edited by David83: Oct 9 2018, 07:01 PM

lol wtf no eye see.

your next week is now this week....

today FSM has this advise about India.....

Don’t Plough Your Money Into India Just Yet
https://www.fundsupermart.com.my/main/resea...-Just-Yet-10256

why only India.

IMO, all Asia Pacific!!!

FSM spies working OT huh...
Stalking whatever we talk here

guys, i wanna ask, if i sell my CMF today at 1pm,

when can i expect the money in my maybank account?

kinda desperate, overspend, short of money.

why FSM talked about india?...maybe bcos, last week he posted about maybe going into India this week?

yes,...me think too

Q: WHEN WILL MY SELL ORDERS BE TRANSACTED?
A: All sell orders submitted before 3pm on a business day will be transacted on the same day. Orders received after 3pm or on a non business day will be transacted on the next business day.
Due to the historical pricing method used for the Cash Management Fund, the selling price will be based on the NAV of the calendar day immediately before the date of the transaction.

Q: HOW LONG WILL IT TAKE FOR ME TO RECEIVE MY MONEY?
A: If you sell the Cash Management Fund (which were purchased via cash), the proceeds will be posted to you either by cheque or deposited into your designated redemption account on T+2. Please note that your designated bank might take 1 - 2 business day to clear the cheque.
As the Cash Management Fund’s net interest rate is based on historical pricing, the selling price will be based on the previous calendar day immediately before the date of the transaction.

URL: https://www.fundsupermart.com.my/main/faq/f...=mk_cmf_more#21

noted. thx

if yes.

to you who may see this. please take note.


please change your Managed Portfolio mandate into fund managers have the power to go defensively by more into liquids assets or bond fund instead of ratio your portfolio according to portfolio selection.

I just noticed into your latest monthly commentary. in last clause, you mentioned you will watch the market of EM and AP. Don't take this as the chance of covering your backside.

just like how you trim down EM funds without gain.

I think they cannot do that.....they have to think about others that would like to go big in that area....

they are guided by the portfolio's mandate or self imposed selection criteria....

i think that is why now they allowed partial redemption for managed portfolio.......to cater for those that wish to cut down exposure on their own.

I am not a great fan of India as well at this juncture precisely due to the premium valuation. However all Asia Pacific?! Where else would you be putting your money into now? US? Lol.

Maybe that's why buying low selling high is extremely hard for most people. Emotions eventually will take over.

If you have a long investment horizon, why are you jumping up and down and shooting FSM?

Just topped up Manu Dragon and Ponzi 2 PRS. The valuations of these 2 markets are too attractive to ignore right now. As long as I have time, I believe China and Asia Pacific are still the regions to go to now.

Looking at these 3 regions when I have more bullets:
1) Greater China
2) Asia Pacific ex-Japan
3) Malaysia small cap

What goes down will rise eventually. DCA is the right path for me when the price is low...