I got tired of the 'timing' luck and invested monthly for this year. Worked well for volatile period

For UT:
Kenanga Growth for local equity
Principal PRS Asia Pac ex Japan for asian region (blended developed/emerging)
Kenanga Asnita Bond for local bond

This post has been edited by roarus: Dec 21 2019, 09:08 PM

Er, if you shifted the lines to July you'd get similar results: 1 bear year, with less drawdown


Also, there's always the "past performance is not indicative of future performance" thingy...

For PRS I'm just topping up the first week of every month - don't have to worry about year end Christmas early cutoff and vomit out 3k lumpsum

This post has been edited by roarus: Feb 5 2020, 11:59 PM

For starters you can use Kenanga AsnitaBond as benchmark. It holds:
i. Malaysian Islamic bonds (not exposed to other currency fluctuation)
ii. Investment grade stuff (lower chance of default)
iii. As far as I know- no Government bonds (Malaysia Gov Bond is under watchlist for FTSE World Gov Bond Index, to be reviewed again upcoming Mar)

To go with higher yield or lower risk you can search under Fund Selector Fixed Income and do comparison against numbers like 3 year volatility, 3 year sharpe ratio and annualised 3, 5, 10 year performance

Yup, for funds that reinvest dividends - after dividend payout you end up with more units and lower price.

For UT, 3.5 out of 6 months emergency fund in Kenanga AsnitaBond. Boring-ish not so much heart attack during Sep last year when local bond funds are jumpy but still yield better than promo FD rate

No hard rule, comes down to individual circumstances.

Personally I keep 2.5 months worth in high interest savings account. I deem 5-10 business days redemption time quite acceptable for amount past 2.5 months. I have other things like card, ASM, siblings to fallback to.

Thanks to those who mentioned Amanahraya Syariah Trust - have not looked into FI for some time and placed instruction for switch.

Happy long weekend!

I just do lazy way and add a buy entry of units received at 0 cost

Ya get what you mean, unfortunately that's probably the workaround that lets you keep your sanity and hair. Also one of the reasons why I absolutely love accumulating class ETF.

Interpac Dana Safi good again now? If I recall correctly, didn't that fund got burned couple of years back?

Assuming it's auto-reinvesting like most UTs are: NAV drop, the distribution in RM is used to buy more units (post NAV drop price), after calculate your new total units * price the total market value is the same. That's why people say UT distribution is right pocket out left pocket in

via Square Inc and Tesla too

2.5 months in high interest savings account for me. The rest park in ARSTF. Reconsidering to have 1-2 months in amincome now since bond drop for my emergency fund

I recall there was a switching calculator in before they changed interface, where you can select switch from and switch to funds to see if any fee, is it still available?

I vaguely recall the switching rules as follows, but it's subjective what is "same fund house" sometimes (example when Kenanga bought Libra):

Same fund house:
Equity to equity - no sales fee
Bond to bond - no sales fee
Equity to bond - no sales fee, get credit
Bond to Equity - got sales fee, can use credit

Different fund house:
Equity to equity - ???
Bond to bond - ???
Equity to bond - ???
Bond to Equity - ???

Thanks

This post has been edited by roarus: Apr 18 2021, 11:40 AM

Other way round actually, sell in may and go away

This statement of equity will go up over time is generally true

For KGF case, long overdue to switch. Often time it can be emotional attachment preventing the switch due to KGF being the darling for many years. Alternative newcomer like United Malaysia did quite well in the pandemic/post era.