QUOTE(yklooi @ Mar 23 2019, 02:53 PM)
FSM Managed Portfolio....
i happened to met FSM people just now.....
they mentioned that they did not switch funds in their Managed portfolio so frequently as mentioned by you guys....(she said maybe every 3 or 4 months once due to last year's very volatilile trends)
i am sure you guys did keep a monthly track records of your funds listing very month.
could you guys please show me some data to rebut her claims that it is not true that the fund listing changed very month.
btw,...CIMB Asset mgmt people said....
they could not see any sign of a recession in the coming 18 mths.....
China bond mkts will get a big boost next 1~2 months,
Greater China region & emerging markets would performed better than the rest of the world this year
be prepared for the reality of slower growth for the next few years.
have some bond funds in the portfolio
FSM MAP has just done it again.
They just dumped KAF Tactical which was added few months ago. And was in red around -5%.
Liquidated some of KGF which is the red as well. And added another new fund Eastspring Small Cap. Which is into the small cap segment same as KAF tactical.
Actually this isn't the first time they doing it. Previously it was with few other funds as well. Switch into those fund. And sustain heavy losses and And switch out to make it greener..
U can check it out in the factsheet they posted. if u want to know what is the fund they are switching in and out.
Each time when they are going to charge platform fees, they will perform those unnecessary move to show that they are managing.. Big troller.
Just my 2 cent, better get a single ETF fund that track the world index instead of buying MAPS for passive investor. Or maybe Stashaway portfolio.