Just another opportunity to rebalance.

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

Hmm.. Kenanga fund looks not attractive now..

Precious Metal Securities

Buy gold

lets say you have 4 funds that you are DCAing monthly in equal amount each, and you are planning to cash in and stop 2 of them in order to accumulate more liquid cash, which 2 will you stop and why. The funds in question are:

1. Principal Asia Pacific Dynamic
2. Principal Greater China
3. Kenanga Growth Fund
3. TA Global Tech

I will stop 3 and 4.

No. 3 is of course Malaysia centric. The local economy is not doing well. Caused by political uncertainty and Covid-19. This led to loan moratorium, dead tourism and weak QR by most companies. Everything is affected except for the glove stocks. Banking sectors, gaming sectors, sin stocks, REITs, Therefore, better to spread the risks around and go for Principal Asia Pacific Dynamic (No. 1).

Between Greater China (No. 2) and TA Global Tech (US Centric - 85.2%?)(No. 4), I choose China. They are the new powerhouse. Greater China invests in China, Taiwan and Hong Kong.

Just my 2 cents worth. I haven't looked closely at the composite of these funds for a long time. I just do DCA for all these 4 funds.

This post has been edited by Vanguard 2015: Sep 25 2020, 07:19 PM

Precious metals fund invest in miners.

1 & 3

numbers dont lie.

This post has been edited by WhitE LighteR: Sep 25 2020, 10:10 PM

whatever funds you gonna kick out, remember the take stock of the possible concentration risks of your final portfolio (see image)....which may have implications to your risk/appetite level

since you had been contributing in equal amount,...why not halve that amount (if that halved amount still within the minimum sum), so that you can still maintain those 4 funds and still maintain the risk appetite with those 4 initially selected funds and also accumulate more liquid cash in the end as desired for now?




Attached thumbnail(s)

US-listed Chinese stocks could struggle after election
By Paul R. La Monica, CNN Business, September 24, 2020

https://edition.cnn.com/2020/09/24/investin...tion/index.html

more noises to listen to.....

noob question: before buy fund. which is best place to park the money?
a) cash account or
b) RHB Cash Management Fund 2

what's pron and cons if park under (b) & use to buy unit trust. Look almost same for both

This post has been edited by ericlaiys: Sep 27 2020, 12:34 PM

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

I would keep (2) Principal Greater China for sure. I would also keep either (1) Principal Asia Pacific Dynamic or (4) TA Global Tech for regional exposure or tech exposure.

Definitely stop (3) Kenanga.

i'd most definitely pick (b) CMF to park your funds short term before buying unit trust. the returns so much better than (a) cash account.

the only con of CMF is that it takes about 1 - 2 days to transfer the funds compared to (a) which is almost instantaneous. but meh, it's a very small sacrifice.

Be mindful of lower-for-longer interest rates environment, says Affin’s Teng

KUALA LUMPUR (Sept 28): The current low interest rate environment induced by the Covid-19 pandemic-driven economic slowdown may continue until 2022. Malaysian investors should therefore be mindful and take steps to mitigate the effects of this situation on their portfolios, according to Affin Hwang Asset Management Bhd managing director Teng Chee Wai at the first instalment of The Edge-Citigold Wealth Webinar Series 2020 held on Saturday.

In his presentation titled “Investing in the New Normal: Market Outlook Post Pandemic”, Teng said that the lower for longer interest rates environment is one of the key risks investors will face this year and in the subsequent years.

“Interest rates will stay low for much longer than what we would have expected. This may not be an issue for investors in Singapore or the US as they have been in prolonged low interest rates environments before. But we have never experienced this in Malaysia. Interest rates [locally] did not go as low as this even during the 1998 Asian Financial Crisis.


“What should Malaysians do with their deposits? We have been very good at saving our money for rainy days. We have set aside a good amount of money for our retirement and a lot of retirees actually depend on income from the interest to cover their monthly expenses. I think this will be a challenge for many Malaysian investors,” said Teng during his presentation.

To find alternative sources of income, Teng suggested that investors reallocate their assets and take risks that they are comfortable with. “There is no one (single) solution — we never know how things will pan out in the next two years. Growth could surprise us on the upside due to fiscal support given by the government and ample liquidity being created. Investors could [then] start chasing this, which is very unhealthy.



Teng (left): “Interest rates will stay low for much longer than what we would have expected. This may not be an issue for investors in Singapore or the US as they have been in prolonged low interest rates environments before. But we have never experienced this in Malaysia. Interest rates [locally] did not go as low as this even during the 1998 Asian Financial Crisis.” (Photos by Sam Fong/The Edge)
Ho (centre): “What will the rest of 2020 hold for investors? Many experts say we should brace for a slow and uneven recovery in the second half of the year. Key factors to watch out for would be the second and possibly a third wave of the coronavirus, the development of a vaccine and the November US presidential election.”
Fan: “During these unprecedented times, we are constantly finding innovative ways to keep our customers abreast of the latest market updates and insights — and with your safety and soundness in mind.”
“Instead, investors may want to have a bit of everything, so that they are prepared for anything. If they are near retirement, about 60% of their portfolios should probably go to more income-driven assets. They can buy some gold as a hedge in case things are not working out, some allocations in fixed income, value stocks as well as structural growth stocks — many of which are in the tech space,” said Teng during the question and answer (Q&A) session moderated by The Edge Media Group publisher and group chief executive officer (CEO) Datuk Ho Kay Tat.

It will take time for global economic growth to return back to its pre-Covid-19 levels. Central banks have indicated their commitment to providing liquidity as needed. This would create an environment that aids recovery, Teng said.

“Central banks are prepared and will continue to be prepared to keep interest rates low, increasing liquidity in the system as and when needed. The anecdotal evidence that we see is that when central banks start to reduce liquidity, the markets tend to pause. At the moment, I think there is commitment from central banks to continue to provide the needed liquidity to support a recovery in the economy,” said Teng.

While there is no doubt that situations are normalising and economic activities are picking up from the low in March, some sectors like travel and hospitality are still suffering, said Teng. As far as the economic cycle is concerned, it will probably take another few quarters before investors can expect a full recovery, he added.

Earlier, in his welcome remarks for the webinar, Ho noted that although 2020 started out with so much promise and hope, it turned out to be crazy, surreal and economically damaging.

“What will the rest of 2020 hold for investors? Many experts say we should brace for a slow and uneven recovery in the second half of the year. Key factors to watch out for would be the second and possibly a third wave of the coronavirus, the development of a vaccine and the November US presidential election,” he added.

Themed “Thriving Amid Volatility”, the session is the first of four webinar series to be held in the coming months, said Citi Malaysia consumer business manager Elaine Fan during her opening speech. This was the first time that the annual flagship event, referred to as The Edge-Citigold Wealth Forum, was being held virtually.

“During these unprecedented times, we are constantly finding innovative ways to keep our customers abreast of the latest market updates and insights — and with your safety and soundness in mind.

“I hope this series will provide deep insights into your investment journey during these uncertain times and how we, as investors, can better position our portfolios and thrive amid volatility,” said Fan.

https://www.theedgemarkets.com/article/be-m...ays-affins-teng

My Aug 2020 report just came in and in Aug 2020, the port perform not too bad, at +0.90% M-o-M.

I forsee the Sep 2020 is going to be a suckish month for my port. Everything is in red.

Xuzen

u should top up more during the down market

Do you guys use any app to monitor the NAV of all your funds? If so, which app?

just a note...NAV would be affected when
mkt goes up
mkt goes down
unit split
dividend distribution

bloomberg app

Thanks. Was using tradingView and investing but can't seem to be able to add any Msia bonds. But bloomberg works fine; thanks again