Did the fund manager all in on the glove counter, lol. Jk.

Man, some of the 3 months return even exceed by a large margin the returns from top glove or supermax.

After you have redeemed the investment, that fund will not be made available to you for reinvestment until the next cycle which is refreshed every 3 months. The way epf-mis counts it is from the first day you made investment. E.g;

1st july: buy rhb big cap ( first investment)
16th july; buy principal greater china

And you decide to redeem rhb big cap on 17th july, you will not be able to reinvest that fund again until 1st of july + 3 months.

For clarity, if you decide to redeem principal greater china on 20th august for example, you will be also be unablento reinvest that amount back until 1st july + 3 months

How to avoid this? Switch the fund instead of reedeming it. My strategy is switching back and forth from equity to bond taking advantage of the 0% sales charge and 0% switching fee( only for principal and kenanga), RHB still has rm25 fee.

Another thing is, please also understand the math involved in the calculation to determine the amount allowed to be invested. If let say you are elligible for 70k on this cycle and invested all of it in the beginning before deciding to redeem 30k out of the investment. That whole 30k will not be elligible directly in the next cycle, for example only 30% of that 30) can be invested directly in the next cycle.

This post has been edited by backspace66: Jul 16 2020, 03:13 PM

Mine reflected in the principal website through epf i-invest login but not through fsm. At least not yet

Finally out of KGOF.

Not bad total simple return of around 50% for 5 months from switching between Kenanga fund. Could be more if did not switch around but i have to be cautious to protect this epf fund. Lol

KGF to KABF to KOGF to KABF to KOGF and back to KABF.



This post has been edited by backspace66: Aug 21 2020, 04:42 PM

Just remember KGOF has greater exposure to glove, i believe it is SPMX if i recalled correctly. For me it is far too risky and i switched out.

This post has been edited by backspace66: Aug 28 2020, 10:24 AM

Yes, this one covers US market up to 75% if i am not mistaken and heavy exposure to tech.

Alternative would be public mutual PGSF, but not appropriate to talk about it in FSM. Howver these 2 are the only one with heavy exposure to US market and allowed through epf-mis.

Disadvantage is switching fee for rhb (rm25) might need to be considered if you are frequently switching. PGSF is worst as switching fee is at 0.5 % and minimum rm50. But need to take perspective of zero sales charge, you already save a bunch from that if frequent switching is part of the strategy.

This post has been edited by backspace66: Nov 8 2020, 11:47 AM

That is sales charge ,switching fee is not zero. Nevermind , i am just trying to give info. If dont want to believe or think you know better it is up to you.

Asean related fund? Even europe centric fund has recovered much more since then.

Nothing to be excited about if it is local, can buy directly from Bursa. Dont want to have too much hope on the s&p 500 based etf availability in fsm, later will be dissapointed again. Lol

https://www.fool.com/amp/investing/2021/01/...signal-is-back/

When looking back, there have only been five times in history where the S&P 500 has maintained a move above a P/E of 30:

1929: After the Black Tuesday crash, the iconic Dow Jones Industrial Average (DJINDICES:^DJI) went on to lose approximately 89% of its value.
1997-2000: Before the dot-com bubble burst, the Shiller P/E ratio for the S&P 500 hit an all-time high of 44.2. Nearly half the value of the S&P 500 was wiped away after the dot-com bubble burst, with the Nasdaq Composite (NASDAQINDEX:^IXIC) hit even harder.
Q3 2018: Throughout much of the third quarter of 2018, the Shiller P/E ratio sat above 30. This was followed by a fourth quarter swoon that saw the S&P 500 lose as much as 19.8%.
Q4 2019/Q1 2020: Prior to the coronavirus crash in the first quarter of 2020, the Shiller P/E ratio had, again, crossed above 30. The S&P 500 lost 34% in 33 calendar days during the COVID-19 chaos of February and March.
Q3 2020-Current: To be determined

We know for a fact the sign up for new stock trading account in US, Malaysia already increased exponentially since march last year. Retail participation is playing huge role in klse as compared to before march 2020. One who pays attention would have thought about investor being on FOMO mode since Q2-Q3 last year.

This post has been edited by backspace66: Jan 24 2021, 10:46 AM

Yes it has minor changes along the way ,removal of company due to not meeting market cap criteria or another company.exceeded the market cap . The one worth mentioning is Tesla which happens in Q4 which thankfully only constitute less than 2% of the index. As long as addition or removal of a company only constitue a small amount relatively (percentage wise). I dont see how it can have a great influence

Same thing cannot be said about KLCI prior to 2008 crash as it was with 100 component but now only 30 and of course a few changes along the way in that 30 component except for the heavyweight financial, utilities and communication.

This post has been edited by backspace66: Jan 24 2021, 10:57 AM

In all the timeframe given with P/E greater than 30, none of them coincide with the period of low interest environment. It is all there.

I have no comment on the tech part as we all know the dotcom buble. Going up based on future expecation and what if they dont deliver or turn a profit. Of course this does not apply to all tech company but i am basically referencing the one that went up multiple times some not even profitable yet.

This is under epf i invest

Public global select obviously not under FSM, 0% until april, 0.5 % after that.
Rhb islamic global develop market, 70% US

Go to FSM SG website, there is a step by step instruction there for non citizen or resident, they will send the activation pass by mail within 1 week.

Better than ASB without ehsan.

WB sold all of barrick gold in Q4 last year, but gold miner though. To put in perspective the total position taken in Barrick Gold is so small compared to total portfolio

https://www.fool.ca/2021/02/18/warren-buffe...l-gold-too/amp/

I sold my rhb bond fund and return back to epf. Loss of almost 2% due to redemptiom charge of 1%. This is all originally coming from rhb thematic which i have gain quite an amount during previous glove bull run.

This post has been edited by backspace66: Mar 2 2021, 06:11 PM

I know you are giving klci ETF as an example, but just to make a comparison, three out of four largest etf in the world by market cap are based on s&p 500, the total market of all these doesnt even reached 3% of the total market cap of s&p 500 and less than 9% from free float.

Mind you that s&p 500 index is based on free float, how such a meagre amount (percentage wise) moves the market is simply mind boggling.



This post has been edited by backspace66: Mar 20 2021, 01:26 PM

Firstly it is not even one to one comparison, i believe you refer to KWEB tracks CSI overseas China internet index while the other is tracking S&P new China sectors ex A-shares. For meaningful comparison i give anothet etf listed in HKEX that is tracking S&P new china sectors but with A-shares capped(3167).

And dont get me started about liquidity, tracking error, spread and commitment or active participation from AP or market maker. Bursa etf are mostly known as zombie etf except for a few such as Goldetf. They are thinly traded.




This post has been edited by backspace66: Mar 25 2021, 05:47 PM

Please try to digest this if you are venturing into bursa etf. Without much active retailer participation you have to depend on just the market maker or the AP, but remember they are not obligated to participate.