Sekejap cakap RM5K buka akaun POEM, tak cukup duit!

Sekejap cakap ada more than RM 10K in HY Bond pulak.

Cina cakap "tai chek kong"

Ingerris cakap "The great pretender!"

Cakap itu, cakap ini macam pro,,, tapi sebenarnya semua teori bagi syiok sendiri.

Ramjade,

(Everthing I do), I do it for you - Bryan Adams (1991)

What is my view? I have no view as I do not participate in it. But to answer it objectively:

United Asian High Yield - MYR has only one year historical data, that is, 22.38% p.a.

United Asian High Yield - SGD one year return is 11.07%

One year ago, One SGD = MYR 2.8715; Today the rate is One SGD = MYR 3.1538

Let us assume you put in One thousand SGD in United High Yield - SGD one year ago, today, your value will be SGD 1,110.70. This value when converted to MYR as of today value is SGD 1,110.70 x 3.1538 = MYR 3,502.96

One year ago, you put in MYR 2,871.50 (equivalent to one thousand SGD) into United High Yield - MYR, today you will get MYR 3,514.14.

From this you see the difference, when adjusted for forex, the real return is lebih-kurang sahaja.

Hence the difference in the ROI is due to the forex factor. Hence if you go to SG and buy the United HYF or buy from Malaysia not much difference

==================================

On to my next writing, generally when I write, I have in my mind a set of target audience that is the retail segment. The regular Joe and average investor. Hence I do not study nor give views on UTF that are targeted at "sophisticated investor" nor wholesale fund nor UTF for HNWI. These group usually have their own advisors already, no need to read nor listen to us bunch of amateur / ikan-bilis investor.

Unlike someone else, on one hand claim to be a student just graduated, but can participate in UTF that are targeted at "sophisticated investor" or with high entrance value. Either he does not hold that UTF in question, or he is not who he claim to be. Either way, he is a faker or poser. Take his advise with a bucketful of salt!

==================================

Xuzen

Timing the market sifu advocators / proponents are guyXXXX and Contestchris. Are you referring to them?

This post has been edited by xuzen: Apr 19 2017, 04:37 PM

I think he forget to put a one infront, that is, 16% not 6% lar!

You ask? I answer thus: There are a few narratives out there, let's examine them one at a time.

1) My planner CIO's view


2) Local fund manager view


3) Algozen™ view


4) Putting it all into perspective


Xuzen

If follow AMLA requirement, FSM should alert BNM as failure to alert also constitute an offense.

Xuzen

Let me take you all down memory lane:

In 2008, Public Mutual was the unit trust company. Agency based UTMC is the way to go.

Then came FSM and challenged Pub-Mut / MAAKL etc in a big big way.

I too, was caught up in the revolution and went from being a Pub-Mut agent to FSM-DIY style.

Now the next wave cometh offering zero sales charge, zero platform fee, zero transaction cost platform ala eUT (but with T&C).

Before the dust even settle, now comes no cost no frills investment with free robo-advisory somemore. The road to perdition is surely paved with good intention...

Xuzen

I think (not 100% sure) was MYR 50K. But there is a clause in AMLA, if the intermediaries "suspect" that the transaction is suspicious, he should alert BNM immediately. The keyword here is suspicious.

For example, if you put your job as student or housewife, or perhaps you put your income as less than MYR 30K per annum when you open account, and you put in a few times transaction above MYR 30K over the last three months, then red flag already.

Xuzen

Selinaku!

Married to a rich women = be ready to put with a Queen B1tch B33! Simple, not pwetty women is Da Best!

Xuzen

WTF Selinaku , why are you losing steam to that Manu sumtin' sumtin fund wan... Come on baby, come on baby! Hit me one more time!



This post has been edited by xuzen: Apr 28 2017, 12:53 PM

Coming from a kid who have just participated in both AmREITs and ManuREITS in slightly over a month period and not even a quarter and certainly not even more than a year yet can make so bold statement....

This kids got guts man. Respect..... respect.... respect...

Now, some of you noobs will wonder why Xuzen choose AmREITs and not ManuReits? Is it because Selina is waifu (yes some even went to the extent and say cute lil'stuff like dat wan)?

It is because AmREITs in my port is not the striker, she is the defender. Xuzen is using a 2-3-5 strategy. I have two great striker to do my winning shot , that is , TAGTF and ManuIndia. Each has its own job to do. Using ManuReits or AmReits to score goals is plain stupid. They are the defenders. If I want a defenders , then naturally I will select the one which has lower volatility.

Now, noobs, understand boh?

Xuzen



This post has been edited by xuzen: May 1 2017, 06:28 PM

RM 800 one off or RM 800 every month?

testing 123?

Afterwards one month invest,, negative return pulak kaw peh kaw bu, blame UTF, say UTF cheat people money how?

I think you better stick with Richway, Jie Ju Pu Tong Ren (JJPTR), Pegasus bullion etc....

Xuzen

Talk three, talk four... Use use one month data and say FD menang. Noob memang noob!

In my book, for emerging market exposure, assuming that I want to be exposed to it; my personal choice would be RHB Emerging Market Bond UTF. There are two other UTFs found in the FSM universe that are exposed to EM: ES GEM & AM GEM. These two cannot beat RHB EMB UTF in terms of ROI and Volatility. RHB EMB UTF is the clear winner in this sub-category.

On a separate matter; for the month of April 2017, I have just tallied my port. I tried to post this but yesterday it was impossible to log into LYN forum. The website must be down, or under maintenance perhaps.

My port made a small gain, a low four digit number, and a below one percent gain for the month of Apr 2017.

AMREITs was the loser in Apr 2017, but both my striker TA GTF and ManuIndia scored for me. My dependable goalie , Esther Bond , also kept my port in the green. That is the beauty of a well diversified football team portfolio. When one player is down, the other will compensate.

Hence, although it is fun to say this and that about a single Player UTF, nonetheless a team manager must always evaluate the invidual UTF holistically.

Xuzen

This post has been edited by xuzen: May 3 2017, 07:38 PM

All I want to add is , take a longer time frame to evaluate a UTF. Take a longer time frame to hire a UTF manager (buying the fund) and also use a longer time frame to fire the UTF manager too ( selling the fund ) . If not you would be in the business of trading UTF which is a wrong product for trading purpose.

Xuzen

You think UTF is like JJPTR ar? Every month guarantee you 20% ROI meh?

There will be months that cheong!

There will be months that lau sai wan....

Xuzen

To be a certified wealth planner; any amount will do because this title has no meaning.

To be a certified wealth financial planner; any amount will do because this title has nothing to do with amount invested. This title is gained through passing the four modules of CFP exams under the auspice of FPAM®.

To be a true professional practitioner, you are probably thinking about the title Licensed Financial Planner which is a licensed offered by Security Commission Malaysia and Bank Negara Malaysia. To obtain this license, you need to have CFP qualification and three years relevant industry experience and fulfill T&C as laid out by SC and BNM guidelines.

These license has nothing to do with FSM or the amount invested.

Xuzen

p/s The term Licensed Financial Planner is equivalent in status and legal standing to Fiduciary Financial Advisor in the US.

This post has been edited by xuzen: May 5 2017, 11:02 AM

As a LFP, you can advise / sell most of the regulated financial products in Malaysia + offshore (e.g. Labuan) + foreign products (regulated type, not those JJPTR type).

Example of foreign products are such as Aetna Insurance inc & Hansard Insurance Ltd which are transacted in USD / GBP / SGD. These products are usually for omputeh expats etc. Once they leave Malaysia and balik kampong , they can carry these product back to their lil'village.

Both.

You can choose to open your own boutique / firm similar to like opening a law firm.

or

You can choose to park your license with an existing boutique / firm and remain as a partner or associates. In this case your license is LFP representative.

Xuzen

This post has been edited by xuzen: May 5 2017, 11:16 AM