Looks like it, although I do hope it will be back to normal soon.

Correction is a good thing for a healthy bull market.

Im same like you. Topup this week. Today, it basically wipe out all the earning i did for the same fund

Ya right, 0.5% SC only. Hopefully my cash can sustain this time. Going to see through the drop and topup once in a while.

we are on same boat

just checked,..there are currently about 29 FI funds in FSM (exclude wholesale) are without platform fees of 0.05% per quarter.
but out of this 29, 8 has redemption fees

This post has been edited by MUM: Jul 17 2020, 09:56 PM


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😁 Good fund always come with platform fee or redeem fee 😝

if their good can be sustained...i don't mind paying for the platform fees....

Sometimes there is equivalent fund that doesn't have redemption fee. The performance won't be much different. But once your fund amount become substantial, this redemption fee is less significant. Except for those 1% redemption fees. Those can be painful sometimes

uncle checking in
just open my account i stupid dont know where to apply for referral fee
so nvm la no referral for me

😝Uncle check out there, check in here

I haven't been checking FSM portfolio for a while.

My Principal Greater China, first bought Jan 2017, top up Feb 2018. Then no action until today. Currently +50%, good time to top up? At the moment this fund is about 10% of my portfolio.

I feel like I'm a blind now haven't been following market for some time.

you now have 10% of it in your portfolio..
this 10% is inclusive of that 50% gain too?
how many % do you want to top up in relation to your total value in your port?

ex: if your portfolio amount is RM10000 and you just want to top up RM200....then if for me, i don't need to consider ....

This post has been edited by MUM: Jul 18 2020, 10:49 AM

just topped up some of my principal greater china yday too yet at the same time worrying the china stock crash in 2015 will happen again lol.

wow.. such opportunity loss during the covid dip
that's why never encourage ppl to just dump in fund and forget about it.

as for good time or not, i assume you meant DCA?
personally i would say yes
in fact, i just DCA ytd

reason,
i believe the fund will still perform well in the coming future, as per my current knowledge of china
many say china will be doom due to covid, ban, boikot, many manufacturer are moving out from china.
but i recommend they do more extensive research on china one belt one road and china expansion plan before coming to conclusion based on mainstream media report

as usually, never trust 100% from stranger online.
do your own research, analyse and make your own conclusion.

This post has been edited by xcxa23: Jul 18 2020, 11:58 AM

All this new top up is it a case of FOMO?

It is inclusive of the 50% gain.

Currently my portfolio consist of

6.6% - Eastspring Investments Global Emerging Markets Fund (-2%)
21% - Manulife Investment U.S. Equity Fund (+8.5%)
8.5% - Principal ASEAN Dynamic Fund (-6%)
22% - Principal Asia Pacific Dynamic Income Fund (+8.8%)
10% - Principal Greater China Equity Fund (+50%)
15% - RHB Asian Income Fund (+10%)
7% - TA Global Technology Fund (+60%)

Now considering to dump these EI GEM and Principal ASEAN in favour of better funds/sector.
But not sure where to park since I already have about a large % the Asia Pac ex-Jap, not sure if good to have a single geographical sector too large in my portfolio.
And also the psychological fear if I were to increase exposure to and Principal Greater China and TA Global Tech, because the % gain looks good, topping up feels like averaging up.
I feel so dumb cause exposure my better performing funds are the smallest portion.

I have to say the fear was real and it was quite gloom. And I thought the 10 year recession thing is gonna last for a while, who knows it rebounded into bull in just a few weeks.
Hindsight is always 20/20. But at the time keeping cash for daily expenses is so important as my industry (construction) is badly hit and I got 50% pay cut.
And at the time covid dip I have to stomach a lot of loss and emotion (I invested quite heavily on Airasia and Genm since long time ago, still holding paper loss yeah so)
But anyway we have to move on and review on my investment strategies which is why I'm back lurking around lol.

For me it is a case of rebalancing or re-deploying money from bad funds to better funds.
Over time I have learnt to cut loss and not holding back on non-performing funds or funds which I bought at high valuation.

From the list, I personally would only keep Principal GC and TAGTF. In fact if the amount is large, I would even consider dropping TAGTF for United Tech. But since u are pump and forget type, u might want to consider putting 50-60% in a stable bond fund for capital preservation protection.

In my opinion with market in all time high, it's probably a good time to cut loss for underperforming funds. But switching to another fund now might be problematic depending on how the market move from here on. If there is a deep pullback, the pain can be quite serious. But given a long enough horizon maybe less so.