Yes, you are right. Even FSM couldnt answer this.....

So, we dont actually need to declare to our local taxing agency? Is that what you meant?

could be biased,... after having gone thru the downs since Mar....and having seen FI dropped too and with the interest rate expected to go up in the near future

preferably,....
35% Asia Pac
20% US
10% China A shares
10% India
10% Tech
15% Global Reits

i started off in 2014 when i think ppl are into global titan funds and also greater china fund... i invest in neither because i think it was too volatile for my taste. i have made mistakes here and there. my UT portfolio gives about 5 to 6% IRR on average but recently dropped to 4%. i believe, if i reduce my malaysia exposure, overall return should be better.

i think for me now is, the focus should be around 5 to 6 funds max. di-worse-sification is a thing. i actually stop buying into local funds. my plan is to not increase my malaysian equity... increase my exposure with some bond funds also. continue to increase put money into asia pacific regularly.

and i'm slowly increasing my stake into china heavy fund given recent drop in hk/china but doing via ETF instead.

what i'm lacking is exposure to the USA in my opinion.

I dont have a strategy. i just trial and error, see what i can do.

Oou that’s an interesting mix. You should be getting decent risk adjusted returns on that one right? How as it been so far? So do the REIT funds kinda act as a bond fund in your portfolio?

you asked FSM?

Sorry I hv no idea how to calculate the risk adjusted return.
Reits fund is more volatile than FI. My thought of having it is for diversification purposes on that posted idea port of mine

Well essentially its any calculation/ratio that considers return in relation to risk taken. The sharpe ratio is one such example (and probably the most commonly used).
individual funds can get the risk return metric value like 3-Yr Annualised Volatility & 3-Yr Sharpe Ratio from FSM....but how to calculated them in the portfolio basis when the portfolio consisted of a few funds?
 
Yeah I think REIT funds are good in that sense too, being a whole different asset and all. Having a mix of uncorrelated assets essentially lowers the volatility of a portfolio while either maintaining or maybe even improving returns, so goes the theory at least. But yea, seems like a good mix 👍

Just for Shiok sendiri....
my 2021 happenings ....... got  , got also    and also got

Your PM funds bear good results, may to share which PM funds you invested in?

Any new re: what had happened to RHB Islamic Bond?
-14.59% in one go.... not a distribution

related?

CIMB says MEX RM1.3b Islamic Bonds Suspended

i think RHB bond fund holds quite a bit of MEX.

My port end 2021 in a disappointing manner.  Drag down by all China/HK funds, AH Innovation fund and precious metals. Well performing fund is US and Malaysia

YTD TWR : -8.18 %
MoM Change TWR : -2.39 %

YTD MWR : -7.75 %
MoM Change MWR : -2.16 %

ROI with DCA since start tracking : 12.75 %
MoM Change : -3.39 %

Just to console myself. I try to see the 1 positive for this year. 

2020 combined profits breakdown :

Realized profit : 2020.20
Unrealized profit : 9853.99

2021 combined profits breakdown :

Realized profit : 7730.77
Unrealized profit : -3967.39

Global select
asia ittikal
Southeast Asia select