I had made a topup on Titan few days ago.

was told to add Asia Pac Ex Japan - which one u all top up ? Ponzi 2 ? or Manulife Investment Pacific Fund

why not many mention abt this Manulife Investment Pacific Fund?

for you Ponzi 1. 0 has already alot riding in Malaysia so Ponzi 2. 0 would be better suited for your port.

also for Manulife Investment Pacific fund you can key it in in the fund selector and compare with Ponzi 2.0 and come to a conclusion which is better

Ponxi 1 - ~50% in amalysia. Too risky.
Ponzi 2 is more "defensive"
Manulife Asia Pacific a bit volatilie compare to Ponzi 1 and Ponzi 2. Not really worth it.

This post has been edited by Ramjade: Mar 9 2017, 08:02 PM

Current lineup

Looks good...
btw, what is the YTD ROI?
(2 Jan Till now)

Here is a very good and easy to digest article to help you understand how a meltdown could happen if the Feds rate hike send ripple to the financial system
Here

The hike was or had already been expected since more than 20 mtns ago.....

Actually not really. Just this month alone it became >50%. Before this month <50%

Do you mean the fed rate hike had not been expected after the stopping of QE?

No. What I meant was the fed mentioned that they are going to hike rates 3x this year but they didn't specify when. Before march, % of expectation of hike was low. But now it's almost certain the first hike will take place on 15/3.

Those pesky investor/spectaculars/traders who live for hot money wasn't sure where to move their money. But with certain that hike will happen in March pump money into those sectors, they sell off for quick profit

This post has been edited by Ramjade: Mar 10 2017, 11:15 AM

Thanks goodness my affin ceo had already tell his fm to place bet (buy assets holdings) with the expectation of rate hike since 2 yrs ago...

well that's why they forget one thing. the federal government can start printing money which allows the bank to pay its debtors but it also causes a chain reaction that devalues the currency.

increase in rates.
decrease in currency exchange rates
people panic and start saving their cash.
no cash flow, the economy stalls.
in order to keep it moving a Goverment will have to print more money and borrow from the world Bank.

refresh and repeat the process.

the question investors should be asking. can you stomach the lost and continue on weathering the storm or are you going to cut your loses and keep your cash under your pillow?

For me, if that happen, will change USD like crazy
Miss the chance in 2008. Won't miss it again
The world still use USD and knowing the US, they have few dirty tricks up their sleeve to make sure the world continue to use USD

Theoretically speaking. What would you have done then? Buy into us? If so where and how?

Manulife US Reits listed on SGX. You can buy using USD you know.
(i) deposit USD over the counter at SG banks (which means you can get the best rate from midvalley, walk into SG with SGD20k worth of USD and park into your bank account)
(ii) TT USD into SG bank account

It's a US REIT which is listed in Singapore and best part is for alien investor, you don't get the 30% withholding fees (from US govt) as it's not listed in the US and since it's listed in the SG, it's required to pay 90% of it's income withut any tax by SG govt

Another one, Fidelity Global Tech which beats Henderson Global Tech (fund which TA Global Tech Feeds into) hands down.

Yes, that time I don't have a SG account nor FSM MY account. SOif it were to happen that time and I was savvy enough, just hold USD cash.

But if it were to repeat like 2008, the above will be my first step.
Second, topup the S-Reits. Even then it was not spared from mass selldown.

This post has been edited by Ramjade: Mar 10 2017, 12:14 PM

Probably more for stock thread, some Malaysian small caps stocks are growing rapidly. Small cap index continues to outperform KLCI.

Ok thanks.



Yes exactly. Oh, really? Can please further explain?

Part two:

Now, suppose the another fund has a lower volatility, say 5.12% whilst still having the same annualized return of 13.27%. This means that the new UTF in observation will still be considered normal behavior if she performs between 13.27 - 5.12 = 8.15% (worse case scenario) or 13.27 + 5.12 = 18.39% (best case scenario).

Can you now see that the new fund is "safer" in the sense, it does not drop so much in its normal behavior? You may argue, meh! It does not go up very higher either...

Nonetheless in the professional portfolio manager circle, they are trained to watch out for risk rather than return.

If you still buy the narrative that risk is a more important marker to watch, hence a professional portfolio manager would want to get the best bang for the buck or in this case, the best return for the risk taken. That is why the risk to reward ratio, that is return divided by risk is a good parameter to assist one to select a good UTF to participate in.

On the contrary, if one is a pure speculator, then one will be inclined to choose UTF that has very high volatility. Some UTF in the FSM universe such as RHB gold and general UTF has 30% volatility. Such UTF like this would be a punter /speculator choice UTF!

Hence, if you want to be a passive investor, choose low volatility, if you want excitement , choose high volatility.

Xuzen

p/s FSM - UTF... macam-macam ada.

This post has been edited by xuzen: Mar 10 2017, 04:23 PM

Just checked Manulife Asia Pacific Reits drops .91%. Ramjade

thanks Xuzen for helpful thought above.

One thing I need some clarification from sifus here.

since RHB asian income fund has a switching fee of RM25.00, let say if I hold it and want to switch units from this rhb fund to cimb greater china fund in fsm, what is the total charges I need to pay?

is it 2% SC + rhb RM25.00 switching fee or I just need to pay the RM25 without the SC?