You did predict this.

Anyway, yes as the forummer above did mention, while there isn't seem to be proper assessment when purchasing the fund.

So yes, take some time and do some work peeps.

Yes. Fsm is good platform, and you do not have to pay sales charge for buying prs.

Wasn’t going to comment until someone mentioned diversify across fund houses. Actually I don’t think we should diversify for the sake of diversifying. I read investment books and the lesson I get is people like warren buffett don’t diversify. Of course if I argue on this point, then it would come to the fact that I shouldn’t go for unit trust in the first place. Another benefit of keeping in the same fund house is that switching is lower cost, though I don’t know which fund house you are referring to.

I am invested in 7 funds. 5 eq, 1 reit, 1 bond. I think I killed myself for diversifying. IRR 9% after 2.5 years. Sounds good without comparing but on its own, could have been better if I dropped some funds. But such is life, I’m slowly consolidating, but at the same I did feel happy with some of my funds which didn’t kill me during the big drop.

Yes. but actually FSM is helpful, they know, so you can submit both forms at the same time to FSM.

It is grouped separately.

New investor? well, probably need time to get used to the why-my-fund-dropped-after-i-bought feeling.

There are a few global funds. Eastspring global leaders, cimb global titans, aberdeen world, etc.

As for indonesia specific funds, or in general, country specific funds, you just have to tread carefully. not for the faint-hearted.

If you purchase before the cutoff time, usually 3pm for most funds, it will be based on today's price. But it will take 2 to 4 working days for the fund to appear under your holdings, depending on which fund type.

Holyboy27 & hua91

Hi both, I did invest in public mutual before FSM. Thankfully I only invested in one bond funds. So I didn’t pay much sales charge. And thankfully I found out about FSM later.

Now given your past 3 and 4 years performance (by my guess, it was invested at a relatively higher time), it’s really a sign to tell you to stop with public mutual. They may have been OK in the past, but just looking back past 3 years, they are not doing well. Pretty bad in fact. Yes, time to get away from Public Mutual.

But… please note that investing via FSM while providing lower charges, it is still subject to market performance. There is that possibility that when you switch over, the market goes down (not FSM fault and it cannot always be so rosy).

Suggest to balance between making use of that 0% sales charge by FSM (when you withdraw from Public Mutual) and investing regularly thereafter to mitigate market fluctuations effect on your portfolio in FSM.

Q1: Are the prices too high now for Kenanga Growth Fund and Eastspring MY Focus Fund?

It has went up quite a bit in the last few months, because malaysian market was on the up trend. But whether if it's too high, i don't know how to answer... is malaysian market too high?

Both of these funds have pretty good track record, although Eastspring my focus seems to be more volatile. I will still favour KGF instead, between the 2. Just my personal opinion.

My comment on volatility is not based on price. I am not an idiot.

Just want to point out few things, then you sit back and think.

1) do you think you are balanced type? So, you truly believe the risk profiling mechanism? I'm not saying fsm is not doing a great job but note that these are just tools and errors are there.

2) just because you might be slightly risk averse, doesn't mean 60% bond fund is 'logical'. I have only 4 - 5 % in bond fund, seems like very high risk but not really. Because i have other non-invested asset, held in cash. So, you can still be 'balance' without buying so much bond funds. There are other ways to 'balance' it.

3) Also, why 4 different bond funds? Why not just 1? Try not to di-worse-sify...

A few more points to point out
1) Humans are by nature loss averse. Something to read Behavioural Finance.

Maybe you are afraid of losses, that's why you think you are conservative type. risk profiling for investor is just a tool, the standard ones usually involve things like your horizon and your age. I personally feel that I know how it feels when there is a loss. Now i feel better about it if it happens. I sleep well at night anyway. And this is only from 2.5 years of buying unit trust via FSM. of course i'm not asking you to buy all in equity and then you can't get a good night sleep, but i think my point is... can't be also purely relying on FSM and buying more bond funds as a diversifying strategy right?

2) I suggest you simulate over longer period instead of 3 years. Personally feel 3 years is way too short. the last 3 years has been a bit 'weird' because of the oil price going down (malaysia was very volatile then) and cause ringgit dropped like... what happened in the last 3 years is not going to happen. that i am willing to bet on it.

In hindsight, 11% p.a. last 3 years... ya... I should have put all my money in bond fund too, better than my current 9%. but in hindsight, it will seems good but nobody can tell the future.

Just checking, anybody holding on to aberdeen world equity since launched or for more than 2 years?

i have been holding on for 2.5 years. i think i have given them enough time... and i should really divest it. Wondering what's your opinion on it.

Slight correction. FSM is regulated under securities commission, I believe. Bnm only for banks and insurance companies.

Truthfully, I still favour fsm la. Nothing they do that seems illegit. Just transforming the industry I feel.

Curious, why 'balance' portfolio? why not more aggressive?

28... my portfolio is 91% equity, 5% bond, 3% reits. My Target is 8% p.a.

I have cash which are NOT my emergency fund, which can be invested, which almost in equal amount to my UT portfolio. In a way, i'm also quite a chicken, 50% cash 50% invested.

Other money is for emergency purposes.

You mean my FSM fund portfolio?

Sorry, my screenshot was short form, my own reference. All Unit trust under FSM

AmReits is the AmAsia Pacific REITS fund.

You really dont want exposure to malaysia funds? Funds like KGF very reliable wo. Personal opinion

Dont diversify for the sake of diversifying. But having said that, I would really not allocate that much to manulife india.

Depending on your risk, fund preference, etc, you can opt to increase exposure to rhb asian income fund and from there you will increase your bond exposure as well (of course, not local bond). Doesn't necessary have to be new fund and I have nothing against affin select bond fund. But I believe, as long as you dont have too much exposure to india, should be able to sleep soundly at night.

if you understand why/how fundsupermart do their rating, you will know why 8 is suitable for KGF. but it's their method of rating, which is convenient also la. anyway, dont get swayed, understand KGF and why it's recommended on FSM as well. I like KGF because it can invest in small cap and big cap companies and the returns has been very consistent. For years, they are lipper award winner for 5-year, 10-year category i think. sadly the last round they didn't win any award on KGF. It is still 100% equity, hence the rating of 8. Past 10-year return annualised is 14%... beats EPF and whatever ASB

The excel, is not the easiest to use, but if you want better result it's like this. I have my own excel, but the concept still based on what polarbearz did.