You know I don't like to brag, but I just made 4 figure in a day, with 1 fund

FSM's fund pick of the month is really powerrr

Nola, still very far from platinum status

The fund increased by 2.4% overnight, so you can work backwards on how much investment it takes to hit 4 figure increase in a day. Not that a lot also

But this fund, really love hate relationship... when it goes down it really freefall

Now you make me wonder if the fund price is calculated correctly, all their funds increase by so much in a day

Fund choice of the month is published as an article, you can see it on the home page under Funds and personal finance. This month's
https://www.fundsupermart.com.my/main/resea...arch-2017--8056

Ninja trick basically mean making use of the credit system that FSM MY has, that everytime you intraswitch within the same fundhouse from an equity fund to a bond fund, you get credit points so that the next time you intraswitch from the bond fund back to equity fund you don't have to pay sales charge again

Some forummer discovered that say if you want to switch from EQ fund from fund house A to EQ fund in fundhouse B which is an interswitch, traditionally you'd need to pay sales charge
But if you are not time sensitive, you can do the following
EQ fund in fundhouse A intra-switch to bond fun in fundhouse A (get credit point)
Then bond fund in fundhouse A interswitch to bond fund in fundhouse B (no sales charge)
Bond fund in fund house B intraswitch to equity fund in fund house B (utilise credit point)

Trouble with this is, it takes about T+4 for each transaction to be recorded before you can move to the next transaction; so all in would take you maybe 2 weeks to complete and by then the prices would have fluctuated and you may lose out as a result. That's the cost of trying to save sales charge

Some of my personal fav includes:
Affin Hwang Select bond fund (aka Esther bond) - stable and around 6% annualised return; some exposure in both MY and asian bonds
Affin Hwang Select Asia (Quantum) fund (aka ponzi1.0)- small and medium cap; some exposure in both MY and ASEAN equity
RHB Asian income fund - mainly bond and REITs, fairly stable; but you can buy the mother fund in FSM SG also
CIMB Asia Pacific Dynamic Income (aka ponzi2.0)- Asian equity fund; quite consistent and covers different type of companies than ponzi 1.0
CIMB global titans fund - developed market equities (US, Europe, Japan); the better ones among the global funds
EI Small cap (aka kapchai) - Msia small cap
RHB Islamic bond - local sukuk

Since you have lots of exposure on asia and global funds I'd recommend for FSM MY you focus on those that you can't buy in FSM SG; particularly Esther bond, ponzi 1.0, kapchai

ponzi 1 only increase by 1%; it's Asia Pac Eq income that increase by 2.4%. Not quite my fav fund, but did make money recently

https://www.fundsupermart.com.my/main/resea...ia-Pacific-8124

Looks like no one posted this yet? The East Msians, please go and attend n bring your auntie and uncles also; promote to them so they would switch from Public Mutual to FSM

Esther bond anytime is fine to buy, it's VERY stable
In hindsight, 6 months ago was the best time to buy, so I won't put all the funds in at one time now. Maybe set a RSP to put in slowly for the equity funds; in the meantime you can just keep the funds in CMF, it earns about 3.3% interest per annum. Some would argue REITs fund is good too; and india...

In terms of composition you can take a look at FSM's recommended portfolio

I don't switch regularly. I'm the type who just park there and unless the fund really underperform against its peers otherwise I'd just top up accordingly to meet my desired portfolio allocation. I do try to use credit ninja trick, but the credit just stays there and I hardly utilise them.

Unless if you keep switching; otherwise the sales charge of every dollar you invest in FSM MY shd hardly exceed 2%; with the assumption that you have some bond fund exposure and sometimes your purchase coincide with sales charge discount and you manage to get some tier discount knowing how much you invest in FSM SG

Oh ya hor, you read chinese; but i find mandarin articles about investment very hard to digest, when I try to read those on FSM SG or FSM HK; can go nuts
And I actually had 11 years of mandarin education

Yeah, this fund pale in comparison of its peers

Actually there's a lot of potential for those IFA (independent financial advisors) as well; untapped market compared to klang valley. And when your competitor is PM, easy peasy la; Just need to deal with AMLA requirements carefully

Question is why do you want to sell? Is there anymore upside in that market? Do you foresee it to come crashing down? ROI is just a number; a rather poor indication of performance if you ask me. That's why IRR is more superior for comparison

I have many funds with >20% ROI but that's because I've held them for >1 year. If I sell them, what should I buy? If the potential is there like ponzi 1.0, instead of selling, you should be looking to buy more

That means annualised return is double of ASx ler. So you need to thank the folks here for asking you to dump ASx and buy UT or not

Well, in a bull run if you buy when it started picking up is better than wait for the bear to come before you buy. Because you would have lose out on the bull while waiting for correction; there's opportunity cost of waiting.
Eg would be: If you diligently buy ponzi 1.0 and APEI as soon as FSM recommend them as fund of the month, you would have made quite a lot
My ponzi 1.0 top up last month is higher than my previous purchase, but yet it made 9.8% in 1.5 months

The trouble is, what if there's no deep correction? Then no buy in and let it sit in CMF? Isn't that losing money too? Although you didn't quantify, doesn't mean it's not real

A backtesting done by FSM last year
https://www.fundsupermart.com.my/main/resea...nting!-7372
Not very successful; but last few months were quite good la. If you feel like betting, you can try. I only buy if it's a fund I like. skipped all those India, greater china stuffs. But i think it did well

Yeah, can go both ways really

Nah... it's a once in a blue moon thing, that's why worth mentioning. This fund probably can lose 4 digit in a week as well... the big question is, shd I keep or shd I sell

Your maths is quite spot on for an IT guy who doesn't keep track of IRR. What I omitted here is, I had this fund for almost 4 years now, so a lot of it is accumulated profits

I wished... but no... it's a borderline 4 digit; which is worth a brag anyway

Not sure where did you get the idea that paper gains on a fund is not a gain until you materialise it. Say you invest RM10k on a fund that grows 10% per annum; if you take out the 10% gain every year and put it in a bond fund that earns 6% or you continue to put in the fund where some years it's 15% gain and some years it's -5% loss but over 10 years it's annualised 10% (think kapchai fund or ponzi 1.0 fund)
Surely the latter give you more... too lazy to do excel to show the numbers


What about if you cash out at 15% and it grew to 21%? Then you lose out the 15%*6%
Just something for you to think about. No right or wrong answer

Exactly my reaction
Anyway, I'm a firm believer that numbers don't lie impressions do. So here's the numbers




Surprise surprise, ASG is not all that bad compared to other Msia Shariah compliant equity funds. Looks like shariah funds did really badly in the past few years.

If I must choose, I think EI Dana Al-Ilham would be my pick

Somehow those who didn't want to pay SC also didn't want to start a new thread to promote how great FSM competitors are

Go start your own thread la Then the thread can be dedicated to 0% SC talk

You see, if you have a different thread, you just need to post a link to the thread instead of forever be hijacking the discussion and explain at length how eUT works or what's the pros and cons

Nothing personal, but for us regulars and would not consider this option; it's damn boring

p/s: On the MY markets, can be at least a tactical play for GE run up; some of the self proclaimed equity sifus think it'll go above 1,800 points. For me it's a permanent feature, did not divest last year when it wasn't great

This post has been edited by dasecret: Mar 20 2017, 11:25 AM

Be a responsible forumer
Start a new thread. period.

I think in your case certainly make sense to sell some MY equity and load up on Asiapac equity

RHB AIF has more fixed income and REITs than equities the last time I looked at the fact sheet. Considering you have REITs and Asian bond in the portfolio, perhaps it's a better idea to have an asian equity fund instead. But of course, it's entirely up to your risk appetite and preferences. I can only comment in general terms

OT, diamonds are in no way a form of investment no matter how you try to justify it
But doesn't mean a girl doesn't deserve a proper engagement ring when the guy ask her to be the wife. As to what is consider proper is up to the couple la

p/s: RM10k for a 1 carat, that has got to be a low quality 1 carat diamond

See the post above. There's "Free" transfer available. Just takes longer

Btw, the FSM rep posted on Cari Chinese forum thread that ponzi 1.0 will have a soft close soon for cash investment. In the next few weeks. Apparently fund manager want to control the fund size

So for those who wants to enter, please take note.

No soft close does not apply to EPF investments. I'm just regurgitating information I read from the other site ya. Accuracy not guaranteed