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

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MUM
post Jul 13 2020, 11:03 AM

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QUOTE(xcxa23 @ Jul 13 2020, 08:45 AM)
Imo, the dip won't as much, probably at most 2.xx% drop
Investor fear uncertainty and it's an open secret that covid will cause companies earning to drop.
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just hope that it won't be alot of % too..
but just be prepare for news reports writes up and human sentiments plays a factor too
my guess is, it will drops for a few days,...then slowly will rise again...
(that is how those big guys make money thru volatility)
xcxa23
post Jul 13 2020, 11:13 AM

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QUOTE(MUM @ Jul 13 2020, 11:03 AM)
just hope that it won't be alot of % too..
but just be prepare for news reports writes up and human sentiments plays a factor too
my guess is, it will drops for a few days,...then slowly will rise again...
(that is how those big guys make money thru volatility)
*
Personally, hope so too.
But based on current available data, I doubt so.

On another news,
China on the bull again..
SUSyklooi
post Jul 13 2020, 11:27 AM

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definitely OFF topic,...
just happened to saw this from....
https://sginvestors.io/market/sgx-share-pri...l-estate-sector

just looks at the returns....
doh.gif when compared to my DIY UT portfolio in FSM
(now it is in topic liao) tongue.gif those butthurts cannot report liao


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hs_clover
post Jul 13 2020, 03:09 PM

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Anyone buying RHB shariah china and RHB big cap china?
backspace66
post Jul 13 2020, 04:16 PM

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QUOTE(hs_clover @ Jul 13 2020, 03:09 PM)
Anyone buying RHB shariah china and RHB big cap china?
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Just started to buy end of last week. RHB big cap.
backspace66
post Jul 13 2020, 04:27 PM

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QUOTE(yklooi @ Jul 13 2020, 11:27 AM)
definitely OFF topic,...
just happened to saw this from....
https://sginvestors.io/market/sgx-share-pri...l-estate-sector

just looks at the returns....
doh.gif when compared to my DIY UT portfolio in FSM
(now it is in topic liao)  tongue.gif  those butthurts cannot report liao
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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.
hs_clover
post Jul 13 2020, 04:50 PM

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was wondering whether to buy o not. hahaha

QUOTE(backspace66 @ Jul 13 2020, 04:16 PM)
Just started to buy end of last week. RHB big cap.
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WhitE LighteR
post Jul 13 2020, 11:51 PM

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I got an email saying United Golden Opportunity is no longer a wholesale fund. They also updated the prospectus with new mandate. Sometimes this can be a "not a good thing" if i recall correctly from previous experience with other funds. hmm.gif
ironman16
post Jul 14 2020, 06:01 AM

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QUOTE(WhitE LighteR @ Jul 13 2020, 11:51 PM)
I got an email saying United Golden Opportunity is no longer a wholesale fund. They also updated the prospectus with new mandate. Sometimes this can be a "not a good thing" if i recall correctly from previous experience with other funds.  hmm.gif
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What previous experience with other fund? Kind to share? 😁. Wanna hear atory.
WhitE LighteR
post Jul 14 2020, 07:50 AM

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QUOTE(ironman16 @ Jul 14 2020, 06:01 AM)
What previous experience with other fund? Kind to share? 😁. Wanna hear atory.
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The most obvious one I can recall is Affin Hwang Select Asia Quantum fund. Performance degraded around the time the mandate was changed. It never really pick up back until only recently. But still below it's all time high. Underperforming it's peers.
GrumpyNooby
post Jul 14 2020, 07:51 AM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:48 PM
ironman16
post Jul 14 2020, 08:39 AM

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QUOTE(WhitE LighteR @ Jul 14 2020, 07:50 AM)
The most obvious one I can recall is Affin Hwang Select Asia Quantum fund. Performance degraded around the time the mandate was changed. It never really pick up back until only recently. But still below it's all time high. Underperforming it's peers.
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Just like my kenanga growth 😭. After this time rally, wanna switch it

QUOTE(GrumpyNooby @ Jul 14 2020, 07:51 AM)
I read through the whole this thread. It is used to be called Ponzi 1 fund
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πŸ‘
BabySteps
post Jul 14 2020, 09:43 AM

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QUOTE(WhitE LighteR @ Jul 14 2020, 07:50 AM)
The most obvious one I can recall is Affin Hwang Select Asia Quantum fund. Performance degraded around the time the mandate was changed. It never really pick up back until only recently. But still below it's all time high. Underperforming it's peers.
*
QUOTE(ironman16 @ Jul 14 2020, 08:39 AM)
Just like my kenanga growth 😭. After this time rally, wanna switch it
πŸ‘
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I have both Kenanga Growth and Affin Hwang Select Asia Quantum.
Is it a good time to switch from Affin Hwang Select Asia Quantum to Affin Hwang Select Asia (Ex Japan) Opportunity Fund ?
Or should I just sell and take the profit? Or half half?
SUSMNet
post Jul 14 2020, 10:13 AM

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QUOTE(WhitE LighteR @ Jul 13 2020, 11:51 PM)
I got an email saying United Golden Opportunity is no longer a wholesale fund. They also updated the prospectus with new mandate. Sometimes this can be a "not a good thing" if i recall correctly from previous experience with other funds.  hmm.gif
*
From wholesale converted to retail sales
Its good as it open to more investment opportunity to layman
ironman16
post Jul 14 2020, 10:21 AM

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QUOTE(BabySteps @ Jul 14 2020, 09:43 AM)
I have both Kenanga Growth and Affin Hwang Select Asia Quantum.
Is it a good time to switch from Affin Hwang Select Asia Quantum to Affin Hwang Select Asia (Ex Japan) Opportunity Fund ?
Or should I just sell and take the profit? Or half half?
*
Do u happy with the profit? If yes n u forseen it already at its peak, switch it.

If u feel doubt, switch half ( this is what i do with my ponzi 2 n Eastspring dinasti, afraid miss the rally 😁)

If x puas hati with the loss, let it rally now n switch later( now i do with my kenanga growth)
I switch bcoz i found a better one n feel disappointed with it performance with others. If every fund dip its ok but every body is rally but this kenanga still move like tortoise πŸ˜³πŸ™„πŸ™„

I can't make decisions for u but i can make for my self. This few week i still rebalancing / switch fund.

Sound like pro but actually I'm not, i oso learn from sifu here. But this what i did.
πŸ‘‡Somebody oledi give u some info. 😁😁😁

This post has been edited by ironman16: Jul 14 2020, 10:34 AM
WhitE LighteR
post Jul 14 2020, 10:27 AM

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QUOTE(BabySteps @ Jul 14 2020, 09:43 AM)
I have both Kenanga Growth and Affin Hwang Select Asia Quantum.
Is it a good time to switch from Affin Hwang Select Asia Quantum to Affin Hwang Select Asia (Ex Japan) Opportunity Fund ?
Or should I just sell and take the profit? Or half half?
*
Quantum recently has been on a tear. But Opportunity fund has recently been more stable. I choose stability. If me I will switch. Of course each person POV will be different. Just remember, switch probably will incur another sales fee. That's something to consider too
BabySteps
post Jul 14 2020, 11:22 AM

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QUOTE(ironman16 @ Jul 14 2020, 10:21 AM)
Do u happy with the profit? If yes n u forseen it already at its peak, switch it.

If u feel doubt, switch half ( this is what i do with my ponzi 2 n Eastspring dinasti, afraid miss the rally 😁)

If x puas hati with the loss, let it rally now n switch later( now i do with my kenanga growth)
I switch bcoz i found a better one n feel disappointed with it performance with others. If every fund dip its ok but every body is rally but this kenanga still move like tortoise πŸ˜³πŸ™„πŸ™„

I can't make decisions for u but i can make for my self. This few week i still rebalancing / switch fund.

Sound like pro but actually I'm not, i oso learn from sifu here. But this what i did.
πŸ‘‡Somebody oledi give u some info. 😁😁😁
*
Agree that everyone have different comfort level and we take own responsibility of the decision.
I'm also sad about how Kenanga Growth nowadays, been loyal to it for more than 5 years....
Thanks for the advise.


QUOTE(WhitE LighteR @ Jul 14 2020, 10:27 AM)
Quantum recently has been on a tear. But Opportunity fund has recently been more stable. I choose stability. If me I will switch. Of course each person POV will be different. Just remember, switch probably will incur another sales fee. That's something to consider too
*
Yeah... Just tempted as Quantum is doing well and Opportunity seems to be taking over as recommended fund.
Thanks for the advise.

SUSyklooi
post Jul 14 2020, 07:47 PM

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just some data i got from them...



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hs_clover
post Jul 14 2020, 08:06 PM

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I noticed my rhb asian income fund is not updating the price. Wonder whats heppening?
GrumpyNooby
post Jul 14 2020, 08:09 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:48 PM

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