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

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abcn1n
post Sep 21 2020, 02:33 PM

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QUOTE(xcxa23 @ Sep 21 2020, 11:24 AM)
does anybody know how many days for MP sell to be completed?

sold on 1st week of sept but still pending
tried to search for faq but seems like cant find it..
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No idea but you are really smart for selling in on 1st week of Sept. I was actually buying some funds during that period. Sigh! Now only selling part of them seeing that the downtrend is pretty bad and I suspect will get worse for the time being. The balance I will hold on base on the principle of "time in the market is better than timing the market".
xcxa23
post Sep 21 2020, 03:54 PM

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QUOTE(abcn1n @ Sep 21 2020, 02:33 PM)
No idea but you are really smart for selling in on 1st week of Sept. I was actually buying some funds during that period. Sigh!  Now only selling part of them seeing that the downtrend is pretty bad and I suspect will get worse for the time being.  The balance I will hold on base on the principle  of "time in the market is better than timing the market".
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Thanks for compliment? Lol
It has been more than 10 working days. I was hoping some forumer will shed some lights before I emailed them.
My others funds already settled in my saving account tho.

Yup. I am still holding on cash. Waiting for sign of reversal.
By looking at the graph, as of now Nasdaq heading towards 10250 plus not much positive market movement news from the US.

Use whatever method that earns and give you sense of security. There's no right or wrong.
jonoave
post Sep 21 2020, 04:11 PM

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QUOTE(xcxa23 @ Sep 21 2020, 10:54 AM)
Thanks for compliment? Lol
It has been more than 10 working days. I was hoping some forumer will shed some lights before I emailed them.
My others funds already settled in my saving account tho.

Yup. I am still holding on cash. Waiting for sign of reversal.
By looking at the graph, as of now Nasdaq heading towards 10250 plus not much positive market movement news from the US.

Use whatever method that earns and give you sense of security. There's no right or wrong.
*
Could be monthly, I think. I sold off some portion of my MP in mid August and only got the amount in my RHB cash fund in early Sept I think.
xcxa23
post Sep 21 2020, 04:12 PM

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QUOTE(jonoave @ Sep 21 2020, 04:11 PM)
Could be monthly, I think. I sold off some portion of my MP in mid August and only got the amount in my RHB cash fund in early Sept I think.
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Wow.. looks like approximately 14 working days..
Thanks for sharing
abcn1n
post Sep 21 2020, 04:20 PM

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QUOTE(xcxa23 @ Sep 21 2020, 03:54 PM)
Thanks for compliment? Lol
It has been more than 10 working days. I was hoping some forumer will shed some lights before I emailed them.
My others funds already settled in my saving account tho.

Yup. I am still holding on cash. Waiting for sign of reversal.
By looking at the graph, as of now Nasdaq heading towards 10250 plus not much positive market movement news from the US.

Use whatever method that earns and give you sense of security. There's no right or wrong.
*
Yeah, its a compliment. I don't dare to look at what my selling price is like for my funds that I sold today. Looking at the futures its not going to be pretty.

When you talk about Nasdaq, you are talking about this Nasdaq right? https://finance.yahoo.com/quote/%5EIXIC/
If so, I think it may go even lower to touch 9,800
xcxa23
post Sep 21 2020, 05:46 PM

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QUOTE(abcn1n @ Sep 21 2020, 04:20 PM)
Yeah, its a compliment. I don't dare to look at what my selling price is like for my funds  that I sold today. Looking at the futures its not going to be pretty.

When you talk about Nasdaq, you are talking about this Nasdaq right? https://finance.yahoo.com/quote/%5EIXIC/
If so, I think it may go even lower to touch 9,800
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thanks! tongue.gif

yes, thats the nasdaq im referring, another thing im looking at is QQQ
based on my knowledge and current available info and news, the 10250 is the support for the 10k mark
closing below it high chance it will be heading 9700

from my observation on what JP said and what the fed doing, for now they will let the market ''free float'' and they will act accordingly depending on the situation
i am pretty sure the fed will intervene if the market drop ''too much'', my prediction they wont let nasdaq drop below 9k

imo, you should keep track on the selling price. especially true if you plan to re-enter.
you sold it off based on sentiment or that particular fund is under/bad performing?

This post has been edited by xcxa23: Sep 21 2020, 05:47 PM
GrumpyNooby
post Sep 21 2020, 07:33 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:00 PM
whirlwind
post Sep 21 2020, 09:52 PM

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QUOTE(GrumpyNooby @ Sep 21 2020, 07:33 PM)
The China growth story is not over yet
China's equity market has benefited substantially during 2020. While potential external events still pose a challenge to the economy, we look to share some points demonstrating the possible room for investors to ride on the country's growth story in this article.

user posted image

Takeaway
In conclusion, the China economy is likely to rebound decently going forward. While consumer surveys may appear to remain cautious at the current juncture, on the ground data hints consumption spending is recovering. Inflation risk stemming from a shortage of pork also appears to be muted. Looking towards the manufacturing sector, export figures may be better on the back of a rebound in manufacturing PMI. Coupled with a possible recovery in global aggregate demand, valuations moving ahead may venture to more reasonable levels.

For investors that are interested in gaining exposure to Chinese equities, they may take a look into our recommended funds. On the other hand, investors who are concerned about the impact of the tech war and wish to have limited exposure to the tech sector can consider investing in the RHB Shariah China Focus Fund, which has only an exposure of 4% as of the latest (July 2020) factsheet.

Fund link: https://www.fundsupermart.com.my/fsmone/fun...-Focus-Fund-MYR
Article link: https://www.fundsupermart.com.my/fsmone/art...s-not-over-yet-
*
Should I switch my Principal Global Titans to Principal Greater China 🤔
But then 65% of my fund would be Principal Greater China. Not much of a diversification anymore 🤔
abcn1n
post Sep 22 2020, 12:53 AM

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QUOTE(xcxa23 @ Sep 21 2020, 05:46 PM)
thanks!  tongue.gif

yes, thats the nasdaq im referring, another thing im looking at is QQQ
based on my knowledge and current available info and news, the 10250 is the support for the 10k mark
closing below it high chance it will be heading 9700

from my observation on what JP said and what the fed doing, for now they will let the market ''free float'' and they will act accordingly depending on the situation
i am pretty sure the fed will intervene if the market drop ''too much'', my prediction they wont let nasdaq drop below 9k

imo, you should keep track on the selling price. especially true if you plan to re-enter.
you sold it off based on sentiment or that particular fund is under/bad performing?
*
I tend to look at QQQ instead of Nasdaq (except when its daytime, then no choice look at Nasdaq futures). Yeah, I do believe JP will act if it really drops too much (but we also need to be aware market has risen a lot for years, so if it starts drifting lower over years--well he may not do so much. After all, he will know that market cannot continue to be at such lofty valuations. So as long as not much panic, then......)

I sold some because I think market may go down a fair bit more. Unfortunately,may not be able to look at markets for weeks sometimes, so may not be able to monitor prices that constantly.


QUOTE(GrumpyNooby @ Sep 21 2020, 07:33 PM)
The China growth story is not over yet
China's equity market has benefited substantially during 2020. While potential external events still pose a challenge to the economy, we look to share some points demonstrating the possible room for investors to ride on the country's growth story in this article.

user posted image

Takeaway
In conclusion, the China economy is likely to rebound decently going forward. While consumer surveys may appear to remain cautious at the current juncture, on the ground data hints consumption spending is recovering. Inflation risk stemming from a shortage of pork also appears to be muted. Looking towards the manufacturing sector, export figures may be better on the back of a rebound in manufacturing PMI. Coupled with a possible recovery in global aggregate demand, valuations moving ahead may venture to more reasonable levels.

For investors that are interested in gaining exposure to Chinese equities, they may take a look into our recommended funds. On the other hand, investors who are concerned about the impact of the tech war and wish to have limited exposure to the tech sector can consider investing in the RHB Shariah China Focus Fund, which has only an exposure of 4% as of the latest (July 2020) factsheet.

Fund link: https://www.fundsupermart.com.my/fsmone/fun...-Focus-Fund-MYR
Article link: https://www.fundsupermart.com.my/fsmone/art...s-not-over-yet-
*
Thanks. Am always a bit wary about China because the government can more easily impose any rules they want which can greatly change the landscape of the equities/property etc. However, still good to have some (but not majority) of China related funds


QUOTE(whirlwind @ Sep 21 2020, 09:52 PM)
Should I switch my Principal Global Titans to Principal Greater China 🤔
But then 65% of my fund would be Principal Greater China. Not much of a diversification anymore 🤔
*
IMHO, don't think its wise to put so much in Principal Greater China unless your funds is just a small portion of your total investment.

This post has been edited by abcn1n: Sep 22 2020, 12:59 AM
GrumpyNooby
post Sep 22 2020, 07:38 AM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:00 PM
coo|dude
post Sep 22 2020, 08:46 AM

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Anyone here had opened an account and purchased from Prudential Eastspring? Can you confirm if they really accept GrabPay? I passed by their investment office yesterday and when asked, they said Boost is the only ewallet they support at the moment.

This post has been edited by coo|dude: Sep 22 2020, 08:46 AM
victorian
post Sep 22 2020, 09:12 AM

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QUOTE(coo|dude @ Sep 22 2020, 08:46 AM)
Anyone here had opened an account and purchased from Prudential Eastspring? Can you confirm if they really accept GrabPay? I passed by their investment office yesterday and when asked, they said Boost is the only ewallet they support at the moment.
*
GrabPay channel closed already
ericlaiys
post Sep 22 2020, 10:30 AM

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QUOTE(GrumpyNooby @ Sep 21 2020, 07:33 PM)
The China growth story is not over yet
China's equity market has benefited substantially during 2020. While potential external events still pose a challenge to the economy, we look to share some points demonstrating the possible room for investors to ride on the country's growth story in this article.

user posted image

Takeaway
In conclusion, the China economy is likely to rebound decently going forward. While consumer surveys may appear to remain cautious at the current juncture, on the ground data hints consumption spending is recovering. Inflation risk stemming from a shortage of pork also appears to be muted. Looking towards the manufacturing sector, export figures may be better on the back of a rebound in manufacturing PMI. Coupled with a possible recovery in global aggregate demand, valuations moving ahead may venture to more reasonable levels.

For investors that are interested in gaining exposure to Chinese equities, they may take a look into our recommended funds. On the other hand, investors who are concerned about the impact of the tech war and wish to have limited exposure to the tech sector can consider investing in the RHB Shariah China Focus Fund, which has only an exposure of 4% as of the latest (July 2020) factsheet.

Fund link: https://www.fundsupermart.com.my/fsmone/fun...-Focus-Fund-MYR
Article link: https://www.fundsupermart.com.my/fsmone/art...s-not-over-yet-
*
agreed. china will boom. But i invest on Principal china...lol
xuzen
post Sep 22 2020, 11:02 AM

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QUOTE(whirlwind @ Sep 21 2020, 09:52 PM)
Should I switch my Principal Global Titans to Principal Greater China 🤔
But then 65% of my fund would be Principal Greater China. Not much of a diversification anymore 🤔
*
Some like to play Pokemon: Gotta catch'em all style
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while some like the Detective Harry Gallahan style: Are you feelin' lucky punk? Well do ya?
Attached Image

However in my opinion the best style is somewhere in between.

Xuzen
WhitE LighteR
post Sep 22 2020, 11:02 AM

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QUOTE(whirlwind @ Sep 21 2020, 09:52 PM)
Should I switch my Principal Global Titans to Principal Greater China 🤔
But then 65% of my fund would be Principal Greater China. Not much of a diversification anymore 🤔
*
I don't like Titan. Underperforming because of Euro n Japan. I prefer just focus on US which is the best part of that fund anyway. Risk wise if US drop everyone else drop anyway, so no such diversification benefits what so ever to be had diversifying into Euro n Japan. Both economy highly dependent to US n China.
coo|dude
post Sep 22 2020, 11:12 AM

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QUOTE(victorian @ Sep 22 2020, 09:12 AM)
GrabPay channel closed already
*
Oh dear.. why?
GrumpyNooby
post Sep 23 2020, 07:48 AM

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:00 PM
markedestiny
post Sep 23 2020, 10:04 AM

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QUOTE(GrumpyNooby @ Sep 23 2020, 07:48 AM)
Gold lingering at 1900 level.
Anybody into AmPrecious Metal?
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I have entered into this fund last week after selling off my Principal Greater China followed by Principal Global Titan at their peaks several weeks ago.

From the chart comparison from other gold mutual fund (RHB), I think this has good performance historically and could gain from the weaker trend in the USD going forward...
abcn1n
post Sep 23 2020, 01:36 PM

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QUOTE(markedestiny @ Sep 23 2020, 10:04 AM)
I have entered into this fund last week after selling off my Principal Greater China  followed by Principal Global Titan at their peaks several weeks ago.

From the chart comparison from other gold mutual fund (RHB), I think this has good performance historically and could gain from the weaker trend in the USD going forward...
*
Do you expect the market to drop further from today seeing that you sold off your Pincipal Greater China and Principal Global Titan several weeks ago?
JLJQ
post Sep 23 2020, 01:45 PM

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Hi guys, any good funds to recommend for equity UT? (any sector or geography as long as outside of Malaysia as want to diversify)

Been looking through some of the funds & most the returns net of fees is hard to justify over something like Stashaway that just passively tracks the index for very low cost.

Newbie with UT so please correct me if I'm wrong, appreciate any advise sifus notworthy.gif

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