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

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contestchris
post Feb 13 2017, 09:56 PM

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QUOTE(2387581 @ Feb 13 2017, 08:45 PM)
Hi friends,

it is after hours now so I ask here. Let's say if I want to mirror the FSM recommended portfolio, does it mean that

1. FSM will sell and buy/switch the existing funds into the funds within the recommended portfolio (sales charge incurred)?

2. Do I have to skim profit or rebalance the portfolio myself or FSM will do it automatically to the prescribed ratio? If so, when?

on additional note:
http://www.theedgemarkets.com/my/article/e...Pi3nEmc.twitter
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Yeah I'm a bit disappointed with not having quickly re-switched back into the China fund. I went from Greater China > China/India/Indonesia, and the initial 4 day period was good, but since then China has come back strong and I was too hesitant to react. I finally switched back today afternoon, so hopefully from tomorrow onwards China keeps up the good pace!

PS: I still kept my Australia (from Global Titans) and SEA (from Europe) switches
contestchris
post Feb 13 2017, 10:11 PM

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QUOTE(river.sand @ Feb 13 2017, 10:06 PM)
NAV calculation includes liquid assets, right?
Injection of cash into stocks should not significantly increase the NAV.
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Say you inject RM1 to buy a single stock. There was only one stock being sold at RM1. That causes the stock value to rise to RM1.01. You already gained 1%!

Say you buy 1000 stocks simultaneously. 200 at RM1, 200 at RM1.01...200 at RM1.04. It's now being sold at RM1.05. You spent RM1020 on this, but it is worth RM1050. "Gain" of 2.94%!

1-2% may seem small to you, but with very illiquid small cap counters this is what happens. It's just the reality. In the past Pheim fun was punished because it used this trick to play play at a small counter and every day inflate the value of its fund.

This post has been edited by contestchris: Feb 13 2017, 10:17 PM
contestchris
post Feb 13 2017, 10:44 PM

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QUOTE(wayne84 @ Feb 13 2017, 09:58 PM)
Bro, the balloon party just started...wont burst so fast gua..lu jgn make me gan jeong la wei hahaha
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Careful. Dow is on the verge of hitting 20,400...balloon can burst at any moment...it could also burst in 5 years. I pray it waits for 1 more year at least so I can collect some capital gains first.
contestchris
post Feb 13 2017, 11:21 PM

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QUOTE(wodenus @ Feb 13 2017, 11:13 PM)
What happened in the Pheim case?
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http://www.singaporelaw.sg/sglaw/laws-of-s...r-2010-sghc-277

27 It is not disputed that as a result of the rise in UET’s share price at the material time, 15 funds within the Pheim Group recorded a $1,086,989 increase in their NAVs. It is also not disputed that three accounts, namely Accounts 28 (ie, the Vittoria Fund), 101 and 106 would not have outperformed their benchmark returns for 2004 but for the rise in UET’s share price at the material time. As a consequence, Pheim Singapore earned an additional $50,000 in fees arising from the outperformance.

QUOTE(wodenus @ Feb 13 2017, 11:16 PM)
How long (how many days) does it take you to switch from one fund to another?
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3 working days to be complete. But since I put in my order at today noon, it switched at today's NAV. Meaning I will gain/lose based on tomorrow's markets performance onwards.
contestchris
post Feb 14 2017, 12:02 AM

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QUOTE(afdhal_89 @ Feb 13 2017, 11:33 PM)
Hi guys, really enjoyed reading everyone's views and insight on the current market trend.

I'd like to ask regarding CMF. If i gain certain profit after certain period of investing, i have options to transfer my gains to CMF or leave it in the fund. Any benefit if i just  leave the profit as it is in the fund?
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Leave profits in the fund = the power of compound interest. Let it ride the up and downs. At 8% yearly returns your money will double in 9 years time if you do not touch the profits at all. If you take the profits, you only get 72% returns, rather than 100% returns, within that 9 year period.


contestchris
post Feb 14 2017, 08:50 PM

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QUOTE(shinning91 @ Feb 14 2017, 05:34 PM)
Is it because not much result for 6 months?
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No because in 6 months time the fund could go down. Unit trust is totally not suitable for a short term investment. To see returns you usually need to wait a few years. Unit trust will always rise in the long run, but in the short term there can always be downsides. You need a long investment horizon (3+ years at least) to see any meaningful returns.
contestchris
post Feb 14 2017, 09:12 PM

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QUOTE(2387581 @ Feb 14 2017, 09:02 PM)
Why sad? More sick people means more business. I'd pray every one keeps getting sick if I am a doctor. Instead in my line of work I can only pray people needs to buy more houses bye.gif
Roughly adds up to 80%? 20% uninvested/cmf? hmm.gif
Says someone who speaks of switching/sell-buy on a weekly basis. yawn.gif
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Lol man I do that cause I keep tabs and do not incur any further service charges. Don't compare what I do to the normal passive unit trust investor.
contestchris
post Feb 14 2017, 09:15 PM

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Btw somehow yesterday performance quite good. My portfolio increased by 0.65%. Total I'm at 6% gross returns, 3.5% net returns.

But today markets weren't that good. Hopefully tomorrow is a better day! Still, despite all Index in Malaysia red, especially Small Cap, both KGF and Kapchai are Green. Those two funds are havoc lah. I'm thinking rather than sit and worry just throw all I got into KGF...it's got the best ever long term track record.
contestchris
post Feb 15 2017, 08:49 PM

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QUOTE(cjseng @ Feb 15 2017, 12:25 PM)
Hi Sifu's here,

I'm really new in FSM or perhaps is investment topic I should said.

My last unit trust was selling off with lost back in year 2008 sad.gif. I'm no longer young anymore.

I has a goal for kids education let say looking for averaging ~10% - 15% return pa for the next 10 years. Of course some risk concern in mind that do not want to destroy kids education fund which end up with lose or return even lower than normal 3-4% market FD rate in next 10 years time.

I'm planning to kick-off with small amount and monthly regulated deposit for years to come.

What is the best or recommended portfolio that suit to my objective?

I'm open for any other advice, appreaciate and many thanks in advance.
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Very honestly, 10-15% annualized p.a. is not sensible for a passive investor. People are happy when they can get 8% annualized over the very long term. 10-15%...if anyone promise you that, they're lying. Simple enough. Also, if you really want to chase that many returns, you need to go 100% equities and probably only concentrate in two or three high risk/high return funds.

This post has been edited by contestchris: Feb 15 2017, 08:50 PM
contestchris
post Feb 16 2017, 09:04 PM

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QUOTE(yklooi @ Feb 16 2017, 08:43 PM)
hmm.gif observed from my portfolio trend....
if the trend of my portfolio is of any indication....(of course cannot be of any indications in reality bcos the composition changed)
when based on my past portfolio trends......
I think my portfolio performance will stabilise now, maybe will stayed flat or going to drops for the next 4 months..... sweat.gif

Mkts going to CRASH now...get while you can, preserves profits, buy new note-5.... biggrin.gif  tongue.gif
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Wowzers!!! Btw we still got much room - China, India and Australia are looking good. China has very low P/E ratios.

This post has been edited by contestchris: Feb 16 2017, 09:05 PM
contestchris
post Feb 16 2017, 09:19 PM

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QUOTE(T231H @ Feb 16 2017, 09:10 PM)
hmm.gif China had been on low PE for many years already wor.... sweat.gif  sweat.gif
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I know, but the expectation is changing right about now. Reflation has hit China. That's what's changed.
contestchris
post Feb 16 2017, 10:26 PM

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QUOTE(Avangelice @ Feb 16 2017, 09:43 PM)
well I didn't have a cds account since when and I was monitoring my stocks until I came upon the thread. so yeah direct correlation to certain funds. hmmmm...
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What does this have to do with CDS? FBMKLCI is the bellweather Malaysian index. To invest in local unit trust funds but not be aware of the index is ridiculous.

Btw, the correlation afaik is more with FBMSCAP/FBMEMAS rather than FBMKLCI for both KGF and Kapchai.
contestchris
post Feb 16 2017, 11:04 PM

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Give yourselves a pat on the back! You're already ahead of the curve. Share this with your friends and raise awareness.

http://www.barrons.com/articles/the-one-th...hp_highlight_10
contestchris
post Feb 18 2017, 11:19 AM

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QUOTE(David83 @ Feb 18 2017, 09:45 AM)
Received email titled Confirmation Statement for Platform Fee Deduction.
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Only for bond or equities also?
contestchris
post Feb 18 2017, 01:08 PM

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QUOTE(wodenus @ Feb 18 2017, 12:23 PM)
You guys are lucky you never let them in.. noodles in KL will cost you Rm10 at least smile.gif
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Eh noodles in most "normal" chinese shops cost RM7.00-7.50 in and around KL for the places I have been to.
contestchris
post Feb 18 2017, 11:04 PM

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QUOTE(jorgsacul @ Feb 18 2017, 10:02 PM)
Time to move the money to pb mutual
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Don't be so shallow minded lah. 2014-2016 have been poor years for Malaysian equities, it's no surprised EPF has been down these few years. PB Mutual Malaysian funds are no better really. Negative returns most of their Malaysian funds.
contestchris
post Feb 19 2017, 02:28 AM

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QUOTE(Inspire4x @ Feb 19 2017, 01:57 AM)
Hi I been reading about unit trust and fundsupermart from last week

quick question here

let say I put rm10k on CIMB-PRINCIPAL GREATER CHINA EQUITY FUND which have YTD return 10.3% on 1 jan 2017

so my invesment value will be rm10,000 -  2% = rm 9,800 (exclude gst for easier calculation )

if i redeem on 16 feb 2017, my return will be 9,800x10.3 % = rm1,009.4

so total redemption, 9,800+1,009.4 = 10,809.4

is this  calculation right ?
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Yes your calculation is correct assuming you purchased the fund on 30 Dec 2016.

However, PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE PERFORMANCE. Please keep that in mind. That fund could end the year at +40%, or -10%...but just cause it got 10% till Feb 16 doesn't mean it will get another 10% in 1.5 months time.
contestchris
post Feb 19 2017, 01:09 PM

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QUOTE(xuzen @ Feb 19 2017, 09:49 AM)
+40% to -10%? How did you come out with this figure? You pluck from the sky is it? Oh! I forget, you always tok-kok one and don't listen to you (You yourself admit previously not to listen to you). I forget.... my bad. So sorry!

Xuzen

P/s To the rest of the participants of FSM thread may I have your attention please. If some tok-kok feeller and they declare it openly it is just for laughs, it is ok. But when one tok-kok and pretend to be serious talk or worse still, tok-kok and don't know he / she is talking cock, and newbies take those advise and apply them in real life, then it is no longer laughing matter. Newbies, you have been warned.
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What the hell man? Do you have trouble comprehending English? I am giving a damn example. Just because it is +10% for 1.5 months doesn't mean it will continue that way the rest of the year.

I feel sorry for certain participants in this thread who have a terrible grasp of the English language and are incapable of identifying nuance.

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Seriously guys, what's the issue with this statement at all in a reply to the poster that posted the question?

However, PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE PERFORMANCE. Please keep that in mind. That fund could end the year at +40%, or -10%...but just cause it got 10% till Feb 16 doesn't mean it will get another 10% in 1.5 months time.

This post has been edited by contestchris: Feb 19 2017, 01:16 PM
contestchris
post Feb 19 2017, 02:04 PM

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QUOTE(xuzen @ Feb 19 2017, 01:41 PM)
Let me elaborate.

You said +40 or -10% flucuation. This means that is [ 40 - (-10) ]/2 = 25% VOLATILITY.

Now, the fund we were addressing is CIMB-Principle Greater China Equity fund. Let us take a look at its  Fund factsheet dated 31st Dec 2016, shall we?

Can you all see that the volatility is clearly shown to be on a three year average equal to 14.25%? Don't simply pluck some figure out of the sky and then defend it by hiding behind a vague concept called nuance.

You label it nuance, I call it ignorance. You categorically fall under the tok-kok, but don't know is talking cock category.
In the medica fraternity it is termed delusion.

Xuzen

P/s In the whole of FSM UTF universe, there are only two funds that have above 25% volatility, they are the two gold  funds. Namely, they are RHB Gold & General Energy fund and AM Precious Metal fund. But both of them suxs big time as product for long term investment (but darn good for speculative purpose, especially if one is feelin' lucky, punk!)
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I'm sorry dude, but you are a bit dense. Which part of PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE PERFORMANCE do you not understand? The volatility is determined by historical values. In the future if the Yuan experiences a dramatic fluctuation it could adversely impact the returns of the fund. If there is a global economic crash it will also dramatically impact the returns of the fund. Likewise if foreign investments gather steam in China due to the low valuations it could positively impact returns like never seen before.

You need to learn a thing or two about hypothetical future scenarios who do not have to conform to historical trends. Which by the way in the Greater China fund case, doesn't take the GFC into account since the fund didn't exist back then.

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Look at Kapchai. 64% in 2013, 0% in 2016. Yet volatility rated at 13% in the fund factsheet (for 3 years anyway). https://www.fundsupermart.com.my/main/fundi...ap-Fund-MTPRUSC

Very troublesome to have small minded people like you around lah

This post has been edited by contestchris: Feb 19 2017, 02:09 PM
contestchris
post Feb 19 2017, 08:36 PM

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QUOTE(xuzen @ Feb 19 2017, 06:02 PM)
I am questioning your rational to introduce figures plucked from the sky and you responded by simply saying past performance is not indicative of future performance. How convenient. NB: First red herring argument detected

Then, without responding to my earlier question, you bring in to the argument the various irrelevent points such as yuan flucuation, economic crash, China, GFC yadda yadda yadda. NB: Second red herring argument detected

Further to that, you try to defend your argument by using Kapchai fund stating that 64% in 2013, 0% in 2016. Yet you conveniently omitted to tell your audience that the volatility is tracked for three years that is 2016, 2015 and 2014. The 2013 data is not taken into account. Trying for a straw man argument now, eh?

Now you label me dense and small-minded. Now! That my friend, is an attempt at ad-hominem. Try harder, friend!

Xuzen
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Alright whatever lah. I don't want to argue anymore. Anyone who understands English knows what I intended to say.

What I said was no one knows...by the end of the year the CIMB GC fund could be at +40% or -10%. That the +10% for the first 1.5 mths of the year is not indicative of future performance. And to me, this is true. The volatility DOES NOT PREDICT the future. The volatility is for the past, over a certain period of time.

People who have good command of the language and good thinking skills would perfectly comprehend what I was trying to say. Evidently you have neither of those skills.

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