Refer to this
https://www.fundsupermart.com.my/m/research/article/12306

My own perspective - yes I was expecting the market i.e. Chinese and global (US) to drop when I sold them at peaks and is still watching out if a bigger market correction would take place or not, in 'near' term...

If your two funds above are in the red now, do hold otherwise you would realised your paper loss...

I sold off these two because I had very good profit margin of 40%+ & 25%+ and these funds are purchased under EPF scheme. I don't use cash to buy mutual funds as I thought have better use cash to buy stocks

I will buy these two funds again when the price drop around or below the price around 23 March 2020, which could only happen when a bigger correction takes place if any.

The only fees u need to concern yourself in FSM is sales and redemption fees. Other fees already calculated into the NAV. What u see is nett returns. Sector suggestions as normal US tech, Greater China n China. For Malaysia, ony one making good returns is small caps.

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:01 PM

Thanks!

Right. So just to make sure I'm understanding this correctly, sales charge will incur upon deposit of capital, while redemption fee will happen when we withdraw, if applicable. While for annual management fee + trustee fee + annual expense ratio all are already accounted for in the annualized returns (Net)?

Thanks. I sold most of it on Monday and on Tuesday the price rise. Sigh! Wow, you really aiming for that low price. It may never come and if so, your money will be stuck in EPF or will you change your view and buy at higher than the 23 March price?

Yes

This post has been edited by abcn1n: Sep 23 2020, 03:22 PM

Well if the price never comes by the end of my expected period i.e. before end of the year, I would definitely review my investment bias again and change accordingly as I always want to stay flexible and be open to other opportunities. While waiting, I check out other and invest in other funds as I have mentioned in previous post.

Also I am not in a hurry to get back into these two funds as the gains are already locked back into my EPF which will still grow my holdings securely via dividend distribution albeit slowly...

Pls know that the comments are just my own perspective and I could make mistake in my view about selling, so DYODD ya. Also ppl shouldn't enter and exit mutual funds like stock market like I do But I can't help myself not to, especially if I knew of headwinds that would cause these funds would fall off their peaks from macro perspective

Thanks. Yes, agree with DYODD. I also feel market will drop further but my problem is with timing--when will it drop. Don't know where to park funds now that FD is so low. What scares me is if FD will always remain this low or will it ultimately rise again after a year or two. I need at least 4-6% return per year.

Do you mind sharing what funds you currently have beside Am PreciousMetal fund?

You can check out some bond funds which are lower risk & screen for those which typically give you the return that you wish...there are some which gives average of 5%+ YTD whether that continues or not, you need to check for yourself..

BTW, pls note that precious metals being commodities are not mean for long term holdings, perhaps 2-3 years, so know when to exit...

Thanks

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This post has been edited by GrumpyNooby: Jan 7 2021, 12:01 PM

Let's see who gets nervous first n sell.

Created my account to try out.
Bank in 1k 18th3pm, until now... still pending..
damn kow slow.

Anyone is using FSM managed portfolios? WHats the review like and its performance?

I am thinking of going either FSM or stashaway.

I invested in both Fundsupermart Singapore and Fundsupermart Malaysia. Justly solely comparing tech funds, the tech funds in Fundsupermart Malaysia underperformed. Not to mention Fundsupermart Singapore has zero sales charge for all funds. I am of the view the fundmanagers in Malaysia do not perform as well as Blackrock, JP Morgan and other overseas fund managers.

try page 1139 , post 22771
hopefully it can provide some info as to where to seek the past performance of managed portfolio

Last week has been a sea of red... anyone knows what the news?

1. Market correction after overbuying between Jun - Aug
2. Resurgent of COVID19 cases in some countries
3. US Election fears
4. Lack of fiscal stimulus by US

if want, can try to believe as per this September 21, 2020 article

Wall Street has been shaky this month, and the S&P 500 has dropped 8.4% since hitting a record high Sept. 2 amid a long list of worries for investors.
Chief among them is fear that stocks got too expensive when coronavirus counts are still worsening,
Congress is unable to deliver more aid for the economy,
U.S.-China tensions are rising, and
a contentious U.S. election is approaching.

Investors should expect the stock market to remain volatile, perhaps through the November elections, as they wait for these questions to shake out, said Jason Draho, head of asset allocation for the Americas at UBS Global Wealth Management.
https://www.voanews.com/economy-business/us...l-markets-swoon

probably it will continue until end of oct

the ''bull'' after the crash was heavily due to ''hot'' money which mostly created by stimulus/goverment package/bailout

JP indirectly said they wont directly (as of now) support the equity market (QE) and letting the market free float.
few days ago, the fed mentioned again they will support the equity market based on the market condition.

from the nasdaq chart, the bear is entering the market.