googled and found this...
hope it explained clear enough...

Currency
Various share classes of the universe of unit trusts out there have different currency denominations.
Some of them are denominated in the Malaysian Ringgit (MYR) for example, while others may be denominated in the US Dollar (USD), the Euro (EUR) or the British Pound (GBP).
The currency denomination is known as the ‘dealing currency’ for purchasing the unit trust.

There are two major things to note about currency share classes. Firstly, the dealing currency may not be the currency that you are exposed to; and secondly, certain share classes feature a hedge feature.

Dealing currency may not be the currency that you are exposed to
For example, a unit trust investing in the US equity market would need US Dollars to purchase equity securities listed on the US exchanges as they are priced in the USD.
However, that same unit trust may have a share class that is denominated in MYR.

If you are buying the MYR share class of the fund, you buy units of the fund with MYR, but your real exposure is to the US equity market as the fund manager will need to convert your MYR to the USD in order to invest in US-listed securities.

Certain share classes feature a hedge feature
It could look something like: MYR-Hedged. This means that the fund’s underlying exposure is hedged to the MYR.
The fund you purchase may be invested in the European credit markets, whereby securities there are denominated in the EUR.
Thus, your currency risk as a Malaysian-based investor would be to the EUR, and the value of your investment would be exposed to the fluctuations of the EURMYR exchange rate.

By investing into a MYR-hedged class of the fund, you can lower your risk of a weakening of the EUR (the underlying investment currency) against the MYR (your original investment currency) eroding your investment returns from the European credit market.

more
https://www.fsmone.com.my/funds/research/ar...=10404&isRcms=N

What is the pron con of hedge fund?
Makin baca makin blur 😝😝😝

Any local fund you got in your portfolio?

Eastspring Small Cap

And recently Hong Leong Dana Makmur to try out (a small amount of 2k). Lipper award for 2020. But too bad no banking/financial sector in the fund 🙁

At first wanna try out KAF Core Incomr Fund but already suspended by epf. Any other recommendations?

Do you know for HLDM which market index do I refer too? Is it referring to the performance benchmark? Bursa Malaysia EMAS Shariah index? Is it related to gold?

if wanna banking/financial sector try this Maybank Financial Institutions Income Asia Fund, but is wholesales fund 

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYMFIIAF

local fund can try Eastspring Equity income , i think ....

suggest nia ....

Eastspring Equity Income
In terms of past 5 years records. Only 2018 -3.5%, others green
Looks good but the return looks kinda low

Found one more interesting fund AmMalaysia Equity with 14% at financial sector and 0.68 3Y SR. Is this ok?

This amfund is good, in my radar too but at last kick oledi.
If just financial sector, why don't affin hwang select dividend with 28.8%😁😬😬😬
We just dont know how many percent is banking sector. Don't forget that recently banking sector not performing well, if ur financial fund perform well, sure bo is banking sector? 🤭🤭🤭

Tesla to join S&P 500, spark epic index fund trade
https://www.theedgemarkets.com/article/tesl...ndex-fund-trade

Another good news for US funds?

Is it a good time to buy TA global tech fund. I'm investing for the first time 😅

Billionaire Buffett's Berkshire invests in four big drugmakers

NEW YORK: Billionaire Warren Buffett's Berkshire Hathaway Inc said on Monday it has begun investing in the stocks of four large drugmakers.

In a regulatory filing detailing its U.S.-listed investments as of Sept. 30, Berkshire disclosed new stakes in Abbvie Inc, Bristol-Myers Squibb Co and Merck & Co of more than $1.8 billion each, and a new $136 million stake in Pfizer Inc.

https://www.thestar.com.my/business/busines...-big-drugmakers