I bought UOB and OCBC, cause not enough for DBS that time.

Thsnks the heads up bro

Hi Peeps,

Just would like to get a 2nd opinion

Nearly all my UT has recovered except 1 which are still in the red (China) UT

Considering that it was a slow and painful recovery pre/post Covid, i am now considering to sell all my fund with the war impending.

Appreciate some thoughts or debate on this.

Thanks

How much % of your equity investment portfolio are in China currently?

Greater China 13.26% -39%

With just <14% of your investment in China out of your total investment, ...I think it is still okay to keep it for a diversified portfolio
Anyway, it is still up to you to decide on your actual comfort level to set your own % of allocation to Greater China.


This post has been edited by MUM: Apr 16 2024, 01:48 PM

The reason why most of us have disappeared and this sub is essentially dead as there are better vehicles of investment at much cheaper fees. I don't hold any UT equities any longer

Thanks for sharing.

Do advice if there are any other vehicles which does provide a better return than UT.

US etf. No platform fees. No management fees.

Fsm is now entering its twilight years since it has multiple competitors that offer cheaper services. Only caveat is it's easy to put money in fsm and take it out or convert but you pay higher fees for the convenience.

If UT is so good why is the sub dead?

because investing in passive index etf is the easiest and brainless way to invest, there is noone to blame except the market.

there are many UT option there, not many have the knowledge to pick the performing UT












This post has been edited by zebras: Apr 16 2024, 02:45 PM

plus, u can only invest in UT with EPF monies, with 0% sales charge

Fixed it for you

open to all ideas and opportunities,
putting all egg into 1 basket may not be the best idea

- there are fixed income UT for investor with lower risk appetite that regularly giving return higher than FD
- there are opportunities out of US too, eg: Japan, Asia, India





This post has been edited by zebras: Apr 16 2024, 02:57 PM

You buy etf also you will be down. Why? Cause it's china and china bows down to emperor xi. Emperor xi word is the law. National service first above shareholders. Something to consider if you want to invest in China.

That's why I pull out my principal Asia Pacific ex Japan income fund and switch to to something with US holdings for my PRS.

many people are still looking at product (UT/ETF) instead of
- asset class (Equity/Fixed Income/etc)
- market (US/China/Japan/India/etc)
- sector (Tech/Semicon/etc)


personally I invest in both UT and ETF,
there are asset class/market/sector that UT normally outperform ETF, eg: Malaysia, Asia, Fixed Income

meanwhile there are market that UT hardly beat passive index ETF in long term, eg: US

Thanks. I do invest in ETF as well, just that it's in small sum.

Decided to sell all except my China UT ..

Hopefully the day i retire the UT funds will recover.

Not quite true.

Any investment in the US is at least subject to US withholding tax of 30% and when the monies are repatriated back to Malaysia, it's subject to foreign source income i.e. 24%.

Actually, we are seeing the rise of FSM and the decline of UTMCs. The reason being, FSM is a distributor, they don't take on the fund manager risk. If a fund fails, they can just shift the blame to the fund manager or the investors poor choice for not doing their due diligence.

FSM doesn't take on the risk of fund establishment but rather enjoys the ability to sell funds from different manufacturers. FSM is no different from Lazada, Shoppee or TnG. They offer a space and the vendor can put their product on their shelf/platform for a fee. FSM doesn't take on the product risk.

UT is somewhat dead because of the erratic pattern it has displayed post covid19. It has its best run in 2021 but subsequently tanked, when China's economy started to sputter, Ukraine war, rising interest rates by central bank and fed and reopening. You should have seen what happened during Covid and towards the tail end, it was crazy!

In any case, I would agree with @zebras , UTs may be good in certain stuff and ETFs just dominate in certain areas as well (unless you bought Malaysia ETF, well then good luck to you).

This post has been edited by aurora97: Apr 16 2024, 11:14 PM

Alamak accidentally press post.

Anyway, just buy a fund that you are comfortable and have track record. Do dollar cost averaging and avoid timing the market.

Don't have to chase thematic funds, even local funds can do just as good. Furthermore, most investors invest in MYR-Hedged class, which negate the foreign currency fluctuation.

AHAM Tactical - YTD is 13.5%
AHAM SOF - YTD is 15.7%

This post has been edited by aurora97: Apr 16 2024, 11:10 PM


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Appreciate your help in providing examples. But after decades I too have come to understanding that Mutual funds are few and far in between in those able to outperform indices.

1.Principal Islamic Tech- A very short tenured fund - track record is uncertain. Purely from a returns perspective, yes outperforming index. But frankly you buy any Mag 7 in a basket and you will outperform from 2022 onwards. It was a greatly timed opening. Not to mention the fees you pay Principal for helping you buy the exact same thing from Franklin templeton for much much less fees. This fund is a great rent seeker.

if you want another example - United global tech fund. Super outperform Nasdaq / SPY500 during launch but now is stagnant. Same as ARKK.

2. TA global tech - A favourite, but again just the equivalent of QQQ over 3 years and 5 years and 10 years.

Unless you are looking to trade your unit trust after a year which is weird since you pay what up to 5% in fees, it washes away all your small gains.

Holding it long - you pay 2% fees every year which again cumulates to a lot of fees.

Usually and normally, ...
The performance of UT funds are based on bid to bid price (NAV to NAV) with dividend reinvested option.
Thus all the annual fees charges incurred by that fund had be included in the fund performance calculations