Oops! Copy-paste error. Indeed it should be C2 to C14 on step 6. Updated my post

This post has been edited by polarzbearz: Oct 23 2020, 06:16 PM

anyone holding RHB China Bond Funds? seem performing good

This post has been edited by tadashi987: Oct 24 2020, 10:41 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:39 AM

seeking some interesting bond port

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:39 AM

a bit too volatile for me

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:39 AM

I think u meant geographical risk, yes, it is riskier than as it is country specified.

but volatility is purely defined by NAV movement? as the 3-Yr Annualised Volatility (%) and 3-Yr Sharpe Ratio only based on NAV movement, doesn't factor in geographical risk.

usually the latter matter for me more.

If you defined volatility as that, then why do you mentioned that rhb emerging mkt bond (MYR) is too volatile for you compare to this China bond fund (MYR)?
where did you get the numbers (in MYR) to compare?

This post has been edited by yklooi: Oct 25 2020, 12:25 PM

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:39 AM

in fact RHB China bond fund has a too short timeframe of data (since started 2019) to define its volatility, that's why FSM didn't has data for 3-Yr Annualised Volatility (%)
to calculate its 1-Yr Annualised Volatility gonna cost me much hassle and it doesn't have much meaning IMO also.
That's I was just researching on this fund but not really have it in my cart.

to clarify, I didn't really mention that RHB China Bond fund is less volatile than RHB Emerging bond fund.
It is just that when GrumpyNooby mentioning RHB Emerging bond fund, I replied it's a bit too volatile (not suit my preference to my safety port), merely on the fund itself, no reference or comparison made haha.

I think not really, not like asset class (fund type) which has somehow direct relationship to volatility.

Geographical and sector risk tends to impose risk because they are too focusing on one area, so the risk is that in case that one geographical country or sector collapse, there gone your capital, it is the risk of sector/geographical, but it doesn't mean the NAV fluctuates much, contributing to volatility.

I think that's why you see REIT fund always has the highest risk rating in FSM, much higher than Greater China/US Focus funds etc. FSM defines it as highest due to too sector-focused, risk definition is not merely based on volatility.

e.g.
MANULIFE INVESTMENT ASIA-PACIFIC REIT FUND
FSM Risk rating: 10 Highest
3-Yr Annualised Volatility (%): 17.80

PRINCIPAL GREATER CHINA EQUITY FUND - MYR
FMS Risk rating: 8 High
3-Yr Annualised Volatility (%): 19.18

This post has been edited by tadashi987: Oct 25 2020, 01:49 PM

thanks for telling about this fund.
currently i am at 50% Nomura....
maybe , just maybe will shift about 10% to this beginning of new year (new year new positioning ha-ha)
50% in Nomura maybe abit too concentrated?
i will keep observing this China bond for 2 months then see how....
thanks for telling....
but will China devalue it RMB again??

i will drop it for now because if looking back 2019 performance from its launch date, it is underperform compare to nomura, amanah syariah.

I think i will just stick to amanah syariah which is more consistent

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:40 AM

I already switch from Kenaga Growth Opportunities fund and United Malaysia fund - Class A into Amanahraya Syariah Trust Fund. Soon to allocate more from Opus fund.

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:40 AM

For its consistent return. Also may switch to equity fund in Fundsupermart in future.

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:40 AM

Just added Amanahraya Syariah Trust in my portfolio. Will use it to hedge against other riskier investment that i have.

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This post has been edited by GrumpyNooby: Jan 7 2021, 11:40 AM