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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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chichabom
post Aug 8 2020, 12:25 PM

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Btw need some advise here. Am currently looking at united global healthcare. Looking at the fund factsheet, the base currency is in SGD and the fund mainly invests in US (70%)

Since the NAV is in MYR, base currency is SGD, and underlying funds in USD, meaning i will be exposed to two legs of forex risk, i.e. 1) between MYR and SGD, and 2) between SGD and USD?

if USD depreciate against SGD and SGD depreciate against MYR at the same time, then it will be a double hit to the NAV which is in MYR?

And since base currency is in SGD but 70% of the funds are invested in USD, is it right to say my forex exposure to USD is in fact higher than SGD?

Thanks guys.


chichabom
post Aug 8 2020, 01:24 PM

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QUOTE(MUM @ Aug 8 2020, 12:57 PM)
is the variance between these 4 funds within your acceptable ranges?
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Actually i have only considered the MYR option due to the substantially higher initial amount and subsequent top requirement under the USD/SGD option.
chichabom
post Aug 9 2020, 01:39 PM

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QUOTE(WhitE LighteR @ Aug 9 2020, 12:15 PM)
My healthcare fund is actually underperforming compared to tech. I observe that many of the fundamentals that make healthcare perform well recently is also the same reason that made tech perform well. Adding healthcare into the portfolio lower the return n increases the volatility. It actually made the port performance lower overall. Only reason to add healthcare maybe is to avoid concentration risk.
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Thats also one reason why im planning to start picking up some healthcare funds as prices have eased abit recently.

QUOTE(jutamind @ Aug 9 2020, 12:37 PM)
Actually don't understand why fund houses don't want to package popular ETFs like SPY, VOO into unit trust fund with perhaps slightly higher cost compared to direct ETF purchase as these ETFs are still not widely available to most public users? I guess there's a market for this in under developed financial markets like Malaysia

I for one would go for this if your purchase amount is not large enough month for DCA
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Thought principal global titans invest mostly in ETFs and about 40% is in SPDR500.
chichabom
post Aug 9 2020, 01:54 PM

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QUOTE(WhitE LighteR @ Aug 9 2020, 01:45 PM)
Healthcare fund price got ease recently?
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Just abit not much as saw it dropped bout 3% last 2 weeks from its recent high
chichabom
post Aug 9 2020, 02:03 PM

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QUOTE(WhitE LighteR @ Aug 9 2020, 01:56 PM)
3% is too little to consider as a drop o. laugh.gif Drop more!! Haha
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Haha i see. What would be a good drop to consider then in general?
chichabom
post Aug 9 2020, 02:38 PM

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QUOTE(WhitE LighteR @ Aug 9 2020, 02:14 PM)
A proper correction for me. A pullback, follow by blood in the street and finally an outperformance relative to it's peers.
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If that happens then i will dump in more lol. Since we do not know when the correction or pull back will take place, will prob enter bit by bit as some says time in market beats timing the market
chichabom
post Aug 10 2020, 01:35 PM

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Some bond funds like kaf, nomura income and amanahraya trust fund seems to generate better returns over a 3Y-5Y period than this affin hwang balanced fund.

So advisable to consider these bond funds instead which is lower risk and can produce similar returns?

Also say if i want to increase my exposure to asia pac region and currently already have principal asia pacific dynamic income fund, better to maintain one fund or diversify to affin hwang asia pac balanced fund?

This post has been edited by chichabom: Aug 10 2020, 01:39 PM
chichabom
post Aug 10 2020, 01:38 PM

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This post has been edited by chichabom: Aug 10 2020, 01:39 PM
chichabom
post Aug 13 2020, 10:28 AM

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QUOTE(icecreamcake @ Aug 12 2020, 11:25 PM)
greater china drop so much today  sweat.gif
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You mean the NAV? Because of dividend distribution right
chichabom
post Sep 1 2020, 06:38 PM

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QUOTE(GrumpyNooby @ Sep 1 2020, 06:32 PM)
August portfolio up by 1.1% over previous month.

Laggard is still Principal Asia Pacific Dynamic Income Fund - MYR cry.gif
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Are you in the red for principal asia pacific dynamic income? Whats ur target return? I invested some into this fund early jan this year and currently its giving about 8% return
chichabom
post Dec 10 2020, 07:43 PM

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QUOTE(GrumpyNooby @ Dec 10 2020, 08:39 AM)
If a fund is a feeder fund, are we actually double paying in terms of management fees? Say if i buy this fund, am i charged at:-
1) affin hwang mgmt fees
2) nikko ark mgmt fees

chichabom
post Dec 10 2020, 07:56 PM

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QUOTE(GrumpyNooby @ Dec 10 2020, 07:46 PM)
This issue has been discussed before.

Example on TA Global Tech Fund which feeds into Janus Tech Fund:
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Ah i see. Thanks for the clarification.
chichabom
post Dec 28 2020, 10:14 AM

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QUOTE(GrumpyNooby @ Dec 26 2020, 07:09 PM)
Principal PRS Plus Asia Pacific Ex Japan Equity - Class C declared distribution last Friday which is 2 trading days earlier than Principal Asia Pacific Dynamic Income Fund - MYR.

Both funds I also got under FSM Portfolio page.

Principal Asia Pacific Dynamic Income Fund - MYR got D but Principal PRS Plus Asia Pacific Ex Japan Equity - Class C doesn't have D. Why?

Principal PRS Plus Asia Pacific Ex Japan Equity - Class C also suffers huge loss due to distribution.
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I hv both funds too and experiencing the same situation like yours. My prs fund doesnt have the D as well, last i checked this morning both unit rices still not updated yet, not sure if its the norm though.
chichabom
post Jan 12 2021, 04:44 PM

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How do u guys usually decide when to lock in profits by switching from equity to bond fund, e.g. an equity fund hitting ur targeted roi or if u anticipate fund performance to drop in near future?

Invested in some china funds in early 2020 and currently showing simple roi of 30%. Will it be advisable to lock in profit or just leave it to roll considering that china's outlook still looks bullish in 2021?

chichabom
post Jan 12 2021, 05:44 PM

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QUOTE(yklooi @ Jan 12 2021, 04:54 PM)
here is an old article

When To Take Profits?
When should an investor consider taking profits? This article sheds light.

Mah Ching Cheng/ Published on 11 Nov 2005
https://secure.fundsupermart.com/fsm/articl...to-take-profits

just hope they are still relevant
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Thanks ma fren..will have a read up..

QUOTE(ironman16 @ Jan 12 2021, 05:19 PM)
waseh, one year oledi 30% ROI....... rclxms.gif

mine punya 3 year baru ada 40++%..... doh.gif
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QUOTE(whirlwind @ Jan 12 2021, 05:38 PM)
I think he’s having Am China fund
Looking at current performance, 1 month already 15%
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Haha i just invested a small lump sum towards end dec 2019/early jan 2020 and left it aside without looking at it even during the march meltdown. The funds i bought were principal greater china and eastspring dinasti fund.

p/s: think i did made a one time small topup during mid year 2020 as well instead of one-off lump sum mentioned above. Cant even rmb myself lol.

This post has been edited by chichabom: Jan 12 2021, 06:13 PM
chichabom
post Jan 12 2021, 06:25 PM

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QUOTE(ironman16 @ Jan 12 2021, 06:01 PM)
eastspring dinasti fund >>> really good punya fund......hold oso (but is my children acc) whistling.gif
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Its my first time buying into this fund, actually principal greater china as well. Then later on these two funds were listed under fsm's recommended fund which sort of gave me some additional comfort

QUOTE(killdavid @ Jan 12 2021, 06:05 PM)
this goes against conventional wisdom but lump sum invest gives very meaty returns. When we dca, the gains are watered down, averaged over time.
Lump sum invest gains alot and lose alot also. But its mutual fund. With time in market eventually it will go up
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Oh i actually did a small topup during mid year as well after checking back, though the amount is only like 10% of my initial lump sum, but my lump sum is not huge too to begin with. If the lump sum capital i have is much bigger then i would probably considered to have dca-ed as well haha
chichabom
post Jan 12 2021, 07:20 PM

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QUOTE(ironman16 @ Jan 12 2021, 06:35 PM)
My child acc hold Dinasti since 2017, that time all ppl said china good, then i just pick Dinasti.
after that i lost for some year (that time 2018 is red red)
2020 i come back oledi profit..... thumbup.gif
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Yeah i realised 2018 was an extremely bad year for all china funds when i was comparing across funds earlier. Thats y have the thoughts to lock some profit nw and re-enter when fund price drops in the future, but prob is no one can tell when will the next dip happens.can be nxt month, 1yr, 2yrs, or 5yrs later haha..seems like my thoughts is leading me towards market timing which goes against the saying time in market beats timing the market lol..
chichabom
post Jan 14 2021, 01:41 PM

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Recalled in early jan last year there was this special 0% sales charge promo for equity funds for a very short period of time, like few days only. For those long term fsm investors, can ask if fsm offers this promo every beginning of the year?

Only started with fsm last year hence not sure if this special promo is one-off or yearly occurrence. Just wanna see if i should wait for this special promo if its a yearly affair in jan. Thanks guys.
chichabom
post Jan 14 2021, 02:38 PM

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QUOTE(T231H @ Jan 14 2021, 02:05 PM)
past performance may NOT be an indicator of continuous performance or possible future performance applies...
thus past happenings may NOT be an indicator of continuous happenings or possible future happenings  too

at times July/Aug period will have a promo period too during the publishing of updated recommended funds list...
if you want more promotion periods or frequencies...try
eunittrust.com.my
there is an active thread in lyn too...

eUT / POEMs / Phillip Mutual Berhad UT discussion, Coz' Fundsupermart not cheapo enuf'!
https://forum.lowyat.net/topic/4268975
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QUOTE(ironman16 @ Jan 14 2021, 02:09 PM)
Tunggu 23 jan punya event la,
Mana tahu ada surprise 😆😆😆
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Ah thanks guys..so this "what and where to invest" seems to be a yearly affair at fsm just that the specific promo criteria may change year to year. Def something new to me. Will keep an eye out for next week.
chichabom
post Jan 20 2021, 09:05 PM

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QUOTE(ironman16 @ Jan 14 2021, 12:11 PM)
United Great Dragon Fund - MYR Hedged (A share)

New fund available on FSM start 14 jan 2021


Just wondering why nobody mention, suddenly saw bro Grumpy post on other side forum.
Thanks @GrumpyNooby
baru nampak @MUM oledi mention...... :thumbsup:

Hope it wont let me down seen i very support ...... thumbup.gif
rclxms.gif  rclxms.gif  rclxms.gif  rclxms.gif  rclxms.gif  rclxms.gif

UOBAM Malaysia launches United Great Dragon Fund

KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM Malaysia) has launched the United Great Dragon Fund to provide retail investors with access to China-listed companies set to become the future growth drivers of China’s economy.

The fund invests primarily in UOB Asset Management Ltd’s United China A-Shares Innovation Fund (target fund), which focuses on companies in China’s A-shares market.

"These companies are likely to be major beneficiaries of technology, innovation and long-term growth trends such as rising consumer affluence and growing urbanisation,” UOBAM Malaysia said in a statement today.

Chief executive officer Lim Suet Ling said China offers long-term potential for Malaysian investors who seek to capitalise on its growth opportunities.

She said the country is forecast to replace the United States as the world’s largest economy by 2028, as it shifts from an export-driven economy to one that focuses on high-growth industries driven by technological advancements.

https://www.thestar.com.my/business/2021/01...eat-dragon-fund
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whats ur view on this fund compared to amchina a-shares? Am considering to buy some china a shares during the upcoming 0% sales promo (yeah part of fomo in me lol)

Although amchina seems longer in the market but looks like this united's target fund aint too bad as well, launched in fsm sg in aug 2020 and returns almost 27% to-date



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