maybe got something to do with this
MEX I Capital Berhad Update: Proposed Restructuring to Take Place in January 2022

iFAST Research Team
27 Jan 2022
https://www.fsmone.com.my/funds/research/ar...=article-search

the date seems coincide...



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I also feel so weird. Suddenly all this low profile funds jump so much.

i think its the mex bonds at first being revalued down during the default then now up again on the restructuring

Sometimes those funds on jump because most of the time it is stagnant in price only jump when giving out dividends time

I've been looking at expanding/diversifying/adjusting my FSM portfolio and was looking at the following sectors:

1. Europe (TA European Equity Fund)
Since this is a feeder fund to european CIS's, it should be pretty alright to go ahead?
Fund factsheet

2. Local/ASEAN Small cap (KAF Vision / United ASEAN Discovery Fund)
I noticed quite a fair number of the holding stocks are those whose prices have been constantly declining over the years, yet the funds still report good returns over the years. Anyone here holding either of these funds?

3. India (Manulife India Equity Fund)
Been reading mixed news/articles about India being the next economy superpower, yet also many uncertainties due to after effects of covid

Not an expert view...
Just that, if risk appetite is not that large n for diversification purposes, try allocates no more than 10% to single country or sector or segment funds.

Small cap funds are always very risky lose big and win big. I would suggest get the Asian level small cap instead of ASEAN. Check if it is available for sale in FSM Msia.

1. So far quite stable but beware of the charges

2 and 3 suggest you be better off buying ETFs if you worried coupled lower charges

ASEAN fund are quite skewed to SG, TH, ID and MY so it will take a while for you to see gains in that portfolio

Hi got a basic question here:

What is the relation between the Daily Interest Rate and the NAV of RHB CMF 2 as this is not a dividend paying fund?

My wild guess... NAV calculations includes values os asset n liabilities factor,... Thus if anyone of the holding kena default... Then nav will be impacted

NAV is total asset value while daily interest rate is rate be8ng paidout to cmf2 holders

The bigger NAV for MMF the more leverage they have to the banks in order for getting higher daily interest rate

For starters who don't know the different asset classes: https://www.sinchew.com.my/?p=3606481

(In Mandarin)

Hahaha tiger year so use tiger king. All along ppl use lion king.

Thanks to Netflix

Thanks. May I know what do you mean with 'rate being paidout'? As I don't recall receiving any paid interest/dividend from CMF2.

When you hit a certain amount or period interest will be paid out directly to your account

You need to calculate daily interest and the add up

Iinm the paid out is monthly otherwise you need to check with FSM

i dont see it as well. check my previous statement. none indicate it got any income. even cash account got say "interest"
even the UT also did not indicate got give income distribution historical. so my bet is you sell to lock down the profit as nav price up per day with 1 cent (roughly)

read the product highlight
DISTRIBUTION MODE - No distribution will be made. All returns achieved by the Fund will be
reflected in the NAV of the units of the Fund.

so i dont think it is good as no payout and compounding interest to current value. Even FD with 1 month got compounding interest (even lower interest but it add up your current value , so u can have more interest in next month)

This post has been edited by ericlaiys: Feb 15 2022, 09:33 AM

No interest paid out so far.


Yes, you were right. No income/dividend/whatsoever as far as I'm concern from this fund.

So, my doubt is still here. What does the Daily Interest means and how it affects the NAV......

Does RHB CMF2 got mention they will gives you daily interest rate for your deposits?

Daily interest is based on those 1 day deposits that CMF bought any gain from it will reflect in NAv albeit minor value

You need to check NAV monthly and then difference should be reflected there