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

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lee82gx
post Sep 3 2020, 04:06 PM

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QUOTE(GrumpyNooby @ Sep 3 2020, 02:07 PM)
If you follow Principal funds closely, actually Principal has changed Principal Asia Pacific Dynamic Income Fund mandate to become less aggressive by introducing Principal Asia Pacific Dynamic Growth Fund.
Therefore, you may want to lower the expecation for Principal Asia Pacific Dynamic Income Fund as it has now becomes like a dividend fund instead of growth fund whereby it pays out distribution almost every quarter.

Correct me if I'm wrong.
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Thanks for pointing this out...for me, regardless dividend or capital gains, to me is still returns....I still track the returns vs time and its even over 3 yrs, meaning plenty of dividend has been paid out. Still losing out.

Actually after you point out this, I see that the Dynamic income fund has already grown to MYR3billion in fund size, and feels like the manager is no longer able or willing to rock the boat. Same like KGF.

Meanwhile the "growth fund" is only MYR0.3billion.
GrumpyNooby
post Sep 3 2020, 04:16 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:14 PM
lee82gx
post Sep 3 2020, 04:24 PM

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QUOTE(GrumpyNooby @ Sep 3 2020, 04:16 PM)
The large fund size could be also due to the fact this fund is a feeder fund for its PRS fund: Principal PRS Plus Asia Pacific Ex Japan Equity
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but this fund is only MYR70million...a drop in the bucket compared to 3billion.
GrumpyNooby
post Sep 3 2020, 04:25 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:15 PM
lee82gx
post Sep 3 2020, 04:35 PM

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QUOTE(GrumpyNooby @ Sep 3 2020, 04:25 PM)
Principal PRS Plus Asia Pacific Ex Japan Equity has 3 classes.
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Edit - 3 feeder funds totalling around 200million...so, its not a big amount compared to the total fund size.

This post has been edited by lee82gx: Sep 3 2020, 04:42 PM
GrumpyNooby
post Sep 3 2020, 04:42 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:15 PM
lee82gx
post Sep 3 2020, 04:48 PM

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QUOTE(GrumpyNooby @ Sep 3 2020, 04:42 PM)
Principal PRS Plus Asia Pacific Ex Japan Equity is not shahriah compliant according to FSM Fund Info page.
https://www.fundsupermart.com.my/fsmone/fun...-Equity-Class-C

Well, before Principal Asia Pacific Dynamic Income Fund becomes feeder fund for its PRS fund, the fund size was already exceeded RM 1 bil.
It is a very big size fund to begin with.
I won't bother much about the finer details.

If you're looking for growth centric, perhaps you should consider Principal Asia Pacific Dynamic Growth Fund.

Another point, since it has become part of the PRS portfolio/offering, the fund manager could take a less aggressive stance (just decent return of sustaining 8% pa benchmark).
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yeah sorry bro, i saw the wrong fund...I corrected myself edi...

Back when it grew like a ponzi scheme, I had so much dumped until it was like 30% of my portfolio. Now it is barely 10%. I am switching and that's why I asked for your valuable opinions. the Growth fund looks better to me, better sharpe ratio. Will switch soon...
GrumpyNooby
post Sep 3 2020, 04:56 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:15 PM
CSW1990
post Sep 3 2020, 05:02 PM

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QUOTE(GrumpyNooby @ Sep 3 2020, 04:56 PM)
Principal Asia Pacific Dynamic Income Fund benchmark is 8% pa
Principal Asia Pacific Dynamic Growth Fund benchmark is 9% pa

As mentioned several posts earlier, fund manager strategy and stance has changed for Principal Asia Pacific Dynamic Income Fund even though its mandate and benchmark retains.

If it is no longer fits your portfolio, as recommended just switch to its younger sibling fund. thumbsup:
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thanks for sharing.. now only i know there are two Dynamic fund one is Growth one is Income sweat.gif
the name so similar i thought only Dynamic Income fund available...


p/s: FSM recommended fund is Principal Asia Pacific Dynamic Income Fund bangwall.gif
GrumpyNooby
post Sep 3 2020, 05:05 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:15 PM
Jinny38 P
post Sep 3 2020, 05:16 PM

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Hello, I invested unit trust from manulife company, thinking that to invest in different company unit trust, any full time fund manager here can recommend any company ? Thank you
Jinny38 P
post Sep 3 2020, 05:26 PM

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Not fund manager, i mean anyone can introduce any reliable and trustable company advisor ? Don’t dump me there as you charge sales and commission,
CSW1990
post Sep 3 2020, 05:28 PM

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QUOTE(Jinny38 @ Sep 3 2020, 05:26 PM)
Not fund manager, i mean anyone can introduce any reliable and trustable company advisor ? Don’t dump me there as you charge sales and commission,
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this thread is about Fundsupermart.. i think you are off topic...
2387581
post Sep 3 2020, 05:35 PM

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QUOTE(GrumpyNooby @ Sep 3 2020, 05:05 PM)
Also do note that Principal Asia Pacific Dynamic Income Fund is EPF-MIS approved.
So fund manager needs to "behave" accordingly.
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I have a quick glance by using the fund selector tool, Fund House = Principal, EPF approved = yes, Greater China is in the list.
whirlwind
post Sep 4 2020, 02:48 AM

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Global Markets
Stocks fall on tech weakness, dollar gains
https://www.theedgemarkets.com/article/stoc...ss-dollar-gains

Looks like gonna impact my Principal Global Titans when I’ve just pump in some fund into it 🙁

Next I’ll pump my leftover funds into Principal Greater China 🤔

This post has been edited by whirlwind: Sep 4 2020, 03:04 AM
CSW1990
post Sep 4 2020, 08:03 AM

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QUOTE(whirlwind @ Sep 4 2020, 02:48 AM)
Global Markets
Stocks fall on tech weakness, dollar gains
https://www.theedgemarkets.com/article/stoc...ss-dollar-gains

Looks like gonna impact my Principal Global Titans when I’ve just pump in some fund into it 🙁

Next I’ll pump my leftover funds into Principal Greater China 🤔
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Either just continue DCA or buy more to average down...if aim timing then should buy when they are in deep red ...

GrumpyNooby
post Sep 4 2020, 08:57 AM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:05 PM
monkey9926
post Sep 4 2020, 09:24 AM

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QUOTE(CSW1990 @ Sep 4 2020, 08:03 AM)
Either just continue DCA or buy more to average down...if aim timing then should buy when they are in deep red ...
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TA global better. study and we discuss.
monkey9926
post Sep 4 2020, 09:34 AM

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QUOTE(CSW1990 @ Sep 4 2020, 08:03 AM)
Either just continue DCA or buy more to average down...if aim timing then should buy when they are in deep red ...
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but ppl say trump wont let it be in red until the elections. any opinions?
CSW1990
post Sep 4 2020, 10:08 AM

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QUOTE(monkey9926 @ Sep 4 2020, 09:34 AM)
but ppl say trump wont let it be in red until the elections. any opinions?
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I just DCA TA global tech and RHB global AI fund on Monday because of sales charge promotion. Bad timing but I think these few days just a correction as last week all tech stock up too crazily high. No drop how to up higher..
As for your comment of Donald Duck, I could only say that it is same to all country the government will give gula-gula before election to make people happy.


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