So far I think amongst all the responder, I am the oldest.

But it brings me immense satisfaction to know that because of the regular inputs provided by the regulars, more fellow Malaysians have the confidence to invest in UTF and be wise about this method of investment.

And further more, to let them know the folly of putting money in FD and to stay far far away from the evil corporation know as Pucuk Mati (PM) Berhad.

Xuzen

p/s also it brings me great joy to know quite a few of you 'tards are getting double digit ROI.... kudos!

This post has been edited by xuzen: Jul 10 2017, 10:25 AM

OK OK noted Auntie. ROI usually will be >>> than IRR in terms of number wise, hence the shiok factor of ROI >>> IRR. Human nature will gravitate towards the higher " shiok - o - meter ".

Very few noobs here participate UTF investing more than 3 years. How to IRR?

Relatives are people you will compulsory to meet during CNY / Raya / Deepavali / X'mas, uncle's son wedding, 3rd auntie daughter's wedding... if don't give face and buy little little from your relative, your mum / dad will sure grumble at you wan.

All these factors will win over your IRR / sales charge etc argument.

Xuzen

This post has been edited by xuzen: Jul 10 2017, 02:05 PM

Wah lau, u liddat wan ar? You masih ada relative or not ar?

Kiam siap unker!

I bet you still give RM 2.00 angpow wan....

Xuzen

Must resist must resist the temptation to stare.....

Yar, if any of you people who happen to attend Penang event, please ask, Selina jie jie why Selina Reits suxs lately! Nowadays kena kutuk and lol'ed at by . ManuReits fanboiz. Ramjade! Please buck up.

Xuzen

P/s I am out of country on that day.

This post has been edited by xuzen: Jul 10 2017, 11:10 PM

Or it could be because MYR has strenthened against the greenbag.

Xuzen

Uncle Xuzen still using the ol'skool way to calculate IRR....

Uncle no pandai with Excel.

Kids these days, so clever!



This post has been edited by xuzen: Jul 12 2017, 12:06 PM

Congrats to FSM kakis!

You know you have made it when even syndicates starts to come in and goreng even UTF!

Xuzen

Below are AIA asset management July 2017 opinion on Malaysia prospect. Interpac or KGF, all huat at! Let's goreng kaw - kaw ? With UTF participants like us, who needs stock market anymore!



This post has been edited by xuzen: Jul 13 2017, 11:32 AM

Good illustration. Fresh capital injection has neutral effect on the UTF if the fund is an open - ended fund, however the situation is different if the fund is a close - ended fund. But for the purpose of this thread (FSM thread) we will assume all UTF discussed here belongs to the open - ended type.

Henceforth, if we see NAV increase, it is due to the movement of the underlying assets price movement.

Xuzen

OK OK OK lar... I give it one more month, if still so shitty, I'll fire that Selina B*t*h and go with Ramjade. Then we can be BFF and each other.

One thing I am not happy with ManuReits is that she holds >50% in SG-Reits which to me is against conventional finance 101, that is she is having too much concentration risk.

Xuzen

Have you all ever wonder that perhaps Hahacat is a dupe account of Contestchrist?

It sounded awfully a lot like him, full of troll - shit.

Xuzen

Hari ini dalam sejarah:

The above reminded me of my early exposure to UTF participation when I was an UTC agent with Public Mutual.

During those times, during 2008 - 2013 when I was a Pub - Mut UTC agent, I remember also hearing from my upline there are these type of players. They pump in large sum (quarter to half a million) , then few months later cabut or park in money market fund. Public Ittikal, Public Regular Saving and Public Small Cap were some of the favourite goring UTF back then.

These type of behavior was rampant during those times, before AMLA, CRS, FRS and all these legislation kicks in.

However, these type of behavior was giving the fund manager headache as each time these speculators pulls out, the fund manager are forced to sell their nicely allocated portfolio to pay the unit holders their dues.

That is why later you'd notice Pub - Mut introduced the 90 days waiting period or 0.75% admin fee penalty fee ruling to curb these speculative behavior.

Xuzen

p/s If these type of behavior are left unchecked, we may perhaps see FSM impose similar measure to curb these risky behavior?

This post has been edited by xuzen: Jul 15 2017, 10:32 AM

deleted. Wrongly posted.

This post has been edited by xuzen: Jul 16 2017, 07:36 AM

Thanks to our new participants Hahacat, this thread has become so alive and so much new material to discuss / debate about.

Let me chime in:

Many past forumers have came and gave their two cents worth about how doom and gloom the market etc bla bla bla... and this prediction has been going on for years and years. the earliest I can think of is Dreamer101, for he is the granddaddy of doom and gloom (Dr Doom). He had been saying about how bad the economy will be etc bla bla since like ten years ago.

Nowadays we are still here, bunch of kay poh chee toking kok everyday over the forum. Has his prediction come true? My point is, somehow, someday, someone will come into this forum and purvey another doom and gloom scenario.... and he will be one of many yet to come.

With regards to leveraging using UTF, I have been a participant of UTF since 2005 and a holder of FIMM license from 2008 to 2013, I am not aware of the facilities of leveraging 66%. It was never discussed nor talk about. If what is said is true, it should have been made known either formally by the seniors or informally through the grapevine.

On the topic of Bombay fund, the most recent Algozen™ ver four reading which was about a month back said, this fund is only suitable for those in the high risk category and the max allocation should be not more than ten percent.

Xuzen

P/s With regards to Malaysian allocation, I exited completely from KGF in first qtr of 2016, I start to enter it again in June 2017, after a hiatus of 18 months. My theme is to ride on the GE - 14 play. Yes, I am betting on this old horse once again. Why did I abandon KGF in qtr one of 2016? Because MYR was dropping like mad and I switched it to TA - GTF to ride on the MYR / USD thematic play. This KGF money is from my India fund, I had a good 18 mths run on Bombay fund previously (profit was close to 30%) and I took profit and now looking at entering KGF to piggy - back on the GE - 14 thematic play.

This post has been edited by xuzen: Jul 17 2017, 11:16 AM

At this moment is too early to tell. ....

It will depends on the signal from my preciousssssss crystal - ball. I hope the GE - 14 is next year rather than this year so that I have more time to accumulate profit.




This post has been edited by xuzen: Jul 17 2017, 11:14 AM

Lately we are very much into trend spotting. So now Xuzen wishes to talk about trend and to tell young investors some bedtime story for entertainment sake.

Let's start from the China real estate cooling measure circa mid 2015. This one Algozen™ two did not pick up. This was one of the worse drop in my portfolio. I used one year old data for analysis, and that was why it failed to correctly spot the trend. So therefore kids, try to take a longer outlook when investing. Unker Xuzen is telling you from his own experience.

Subsequently I never entered anymore China specific UTF until today. From mid 2015 to early 2016, I used Ponzi two as a proxy for China exposure and thereafter from early 2016 to qtr two of 2017, it was RHB AIF. These two funds did mediacore, giving decent return given its risk (meium risk UTF).

Next, let's talk about India, way before anyone was bullish on India, I believe I was one of the very first to go into India fund, circa mid of 2016. And oh boy! Was she hot and spicy.... she shot up like rocket. Now only FSM recommend India fund. Somehow Algozen™ ver three was good to spot this hidden gem.

The next trend I spotted was TA - GTF to ride on the USD / MYR weakness. This again was a very good call. She is still going up up up and she is still a keeper. I entered it in qtr three of 2016, then kept skimming profit from it starting from early 2017 to June 2017. Still keeping her.

Briefly, before all this, in 2013 to 2014, Algozen™ ver one buy call was KGF. Yes, those times were also a good time for making money via KGF. I already made one round from Malaysia equities in 2013 to 2014.

Hope you noobs enjoy bedside story from unker Xuzen.

Xuzen.

I do not track IRR. The continuous buy - sell part really screwed up the calculation, hence I have given up calculating it. I do track the ROI and CAGR. It is much easier.

As of preceding 12 months tracking, my port is averaging 1.XX% per month. Out of 12 months, only three months registered negative return and the negative is not more than negative 0.5%.

This also means my upside deviation >>> downside deviation.

Xuzen

Thank you friend HahaCat for the compliments. I made losses in China in mid 2015 also because I used Algozen™ ver two. I have always attributed the failure to me using a one year historical data instead of longer period .

If at that time I were to use three years average data, perhaps, I could have avoided that loss. Oh well, lesson learned, and that is why there is ver three and now ver four.

On India, IIRC, I entered into it not long after Modi took office and Sensex just took off. It came down a bit when he introduce the tax reform, but that was not long, the index shot up again. I think it was down like one or two months at most.

With regards to TA - GTF, I entered it not long after the One AmDeeBee fiasco which caused an international perception problem and caused our MYR to plunge. Took advantage of that by buying up US heavy UTF to ride on the FX play. However, along came Trump and his winning helped to push the US stock higher. Trump's winning was totally unexpected (can call it a black swan event) , it was an unexpected boon to my port nonetheless.

Xuzen

p/s To recap, the last Algozen™ ver four reading about a month back, she is bullish on local equities, with a caveat, it is purely a election themed play.
Next Algozen™ ver four reading will be in mid quarter three , somewhere in Aug or early Sep 2017.

This post has been edited by xuzen: Jul 18 2017, 10:51 AM

For shiok sendiri... when jocks show their high IRR, it gives them a hard-on and bragging right.

Xuzen