July 2018 Portfolio recovered losses in Jun 2018 and slightly better than May 2018.
Hope the momentum can sustain but the trade wars are worrying!

Blood bath kicks starts again!

Got platform fee for bond funds.

CIMB-Principal China Direct Opportunities Fund: directly into A shares
CIMB Greater China Fund: Feeder fund into Schroder - ISF Greater China (could be H shares only)

3 Key Investment Themes To Focus Now

1. Chinese Equity with Undemanding Valuation
2. Malaysia Small Cap
3. Longer Duration Bond for Higher Yield

Conclusion:

All in all, for China equity exposure, investors can consider the CIMB Principal Greater China Equity Fund for mainly H-share exposure while the CIMB Principal China Direct Opportunities Fund will provide investors with the China A-share exposure.

For investors who want to gain exposure into the Malaysia small-cap space, they can consider Eastspring Invesment Small-cap Fund, Eastspring Invesment Islamic Small-cap Fund or KAF Tactical Fund.

Investors can consider Libra AsnitaBond Fund or RHB Bond Fund for the long duration bond exposure as both of the funds have an average duration of close to 5 years.

URL: https://www.fundsupermart.com.my/main/resea...Focus-Now-10038

RMB-USD is flirting with 7.00 level soon.

This post has been edited by David83: Aug 5 2018, 12:25 PM

Discount for fund purchase/topup.

China Tax Reform & Stimulus Package

MAIN TAKEAWAY
China’s tax reform and stimulus package is not a policy-reverse of deleveraging campaign but a fine-tuning move to boost consumption, in line with the target to increase the contribution of consumption to GDP. It also aims to bolster infrastructure investment during the period where China tighten controls on local government borrowing which has slowed the government-driven sector.

To be sure, we don’t expect aggressive policy loosening is on the card given Beijing’s deleveraging pledge and fears of doing so will further hit the Chinese Yuan thus triggering more capital outflow. What we saw right now is that Beijing is walking on a tightrope to push ahead with deleveraging in the face of a trade war while maintaining decent growth with rounds of fiscal stimulus.

URL: https://www.fundsupermart.com.my/main/resea...s-Package-10044

Chinese fund or equity fan, it's TIME!

China Stocks Are About to Get Cheaper, Analysts Say

URL: https://www.bloomberg.com/news/articles/201...olls-into-bonds

China bounce pushes world shares toward six-month high

URL: https://finance.yahoo.com/news/asian-stocks...-005142562.html

You should have bought few weeks back. LOL

We never know what will happen moving forward unless Trump steps down as the head of the current US administration.

Yesterday up, today down

China shares swing back to red as fresh U.S. tariffs weigh

URL: https://www.theedgemarkets.com/article/chin...s-tariffs-weigh

Blood bath for US market.
Today will be sea of red again!

Purpose: Diversification but don't over do it (over-diversification)

With Trump is still in the administration, it's hard to even predict!

Tun M already said that this guy is crazy!

One hour says X, the next hour changes mind and say Y!

Wrong timing for the Merdeka promo.
World stocks hit 6-months high!

August 2018 porfolio is flat against July 2018.

Rupiah is at 20 years low!