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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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LoTek
post Nov 11 2020, 03:21 PM

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QUOTE(encikbuta @ Nov 11 2020, 02:50 PM)
Sigh, because of these two news, the TA Global Tech Fund terus drop 3% in a day  sad.gif

i) China tech selloff deepens to over $269 billion after new antitrust rules

ii) [USA] Tech Stocks Lead Market Declines After Big Rally
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tech won't be kept down, it's the future, just keep adding.
LoTek
post Dec 20 2020, 12:41 PM

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Just my pov: one could get short term profit in malaysia-centric funds (jumped on rhb and pmb to ride some glove waves) but long term horizons far favour overseas funds, especially now that myr is relatively strong.
LoTek
post Dec 29 2020, 10:47 PM

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QUOTE(Fledgeling @ Dec 29 2020, 09:53 PM)
Agree that it's a good time to enter funds with Alibaba holdings, can anyone share which funds? I have to read all the fact sheets one by one to get a sense of this - will take time but I want to go in fast.
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I topped up principal greater china, principal dynamic growth, and global emerging markets. They all have baba and Tencent in the top holdings. Maybe others will have better suggestions.
LoTek
post Jan 9 2021, 11:42 AM

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QUOTE(whirlwind @ Jan 9 2021, 11:34 AM)
Biden to unveil trillions in pandemic economic relief spending next week
https://www.theedgemarkets.com/article/bide...nding-next-week

Upcoming boost to US focus funds I guess
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Keeping a close eye on gold too
LoTek
post Jan 13 2021, 03:14 PM

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1. China (and Greater China) 35%
2. Tech (US and China heavy) 20%
3. Asia ex Japan 15%
4. Singapore (Equity & Reits) 10%
5. Emerging Markets 5%

Don't hold any malaysian equities as most of my "cash" is in asm, which already gives exposure to My, and personally am bearish about our long term prospects.

This post has been edited by LoTek: Jan 13 2021, 03:14 PM
LoTek
post Jan 15 2021, 04:26 PM

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QUOTE(MUM @ Jan 15 2021, 03:10 PM)
gone are the good ROI of FI like amanahraya, nomura, etc as in 2020?

Reflation flashes red for Indonesia, Malaysia debt
https://www.thestar.com.my/business/busines...a-malaysia-debt

time to reassess and reposition?
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I actually just sold all my myr bond funds early this week...on a whim.
LoTek
post Jan 21 2021, 02:12 PM

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The tech hype is getting crazy, to me. Feel like locking in some profit.
LoTek
post Jan 21 2021, 04:10 PM

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QUOTE(monkey9926 @ Jan 21 2021, 02:35 PM)
whats the plan?? sell half and keep as cash?
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Probably will slowly switch some to recovery sectors.. I'm not sure. Its just an idea now really.
LoTek
post Jan 24 2021, 12:20 PM

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QUOTE(MUM @ Jan 24 2021, 11:57 AM)
hmm.gif still holdings MY Equities?

Putrajaya mulls total economic shutdown after Feb 4 if Covid numbers don't improve, Eurocham Malaysia tells its members
Yiswaree Palansamy - 1 hour ago

KUALA LUMPUR, Jan 24 — Putrajaya is set to announce a total economic shutdown after February 4, should the number of Covid-19 cases in the nation continue to not show any improvement, the EU-Malaysia Chamber of Commerce and Industry (Eurocham Malaysia) said in a letter issued to its members.

A source linked to the organisation confirmed the authenticity of the letter with Malay Mail.

https://www.msn.com/en-my/news/other/putraj...y?ocid=msedgntp

sweat.gif  sweat.gif

those that is privileged to be not affected....prepare your bullets  bruce.gif  bruce.gif

me?  cry.gif  cry.gif
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Not too unexpected really. Hang tight, I haven't even actually "worked" since last years shutdown while continuing to pay family and business expenses.. 😔
LoTek
post Jan 25 2021, 09:11 PM

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QUOTE(MUM @ Jan 25 2021, 07:21 PM)
there should be some M'sia focused funds at a discount after today's KLCI and FBMSCAP drops....PLUS 0% Sc....
any intended takers?
if yes,...do act fast, observes tomorrow situation then act on it....
maybe a short dive or a prolong dives....who knows... brows.gif  devil.gif  innocent.gif
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Yes went back into malaysia funds today, with short term intentions.. could not resist the drop+0SC.

This post has been edited by LoTek: Jan 25 2021, 09:19 PM
LoTek
post Jan 28 2021, 08:47 PM

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Why the doom and gloom tho. Market red coincides with 0%? Sounds like a minor windfall in long term, to me la tongue.gif

This post has been edited by LoTek: Jan 28 2021, 08:47 PM
LoTek
post Feb 2 2021, 10:28 AM

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QUOTE(yklooi @ Feb 2 2021, 10:11 AM)
Investors Consider Next Move as Signs of a Bubble Mount
Despite some classic signs of froth, investors are uncertain whether a downfall looms

PUBLISHED : 2 FEB 2021
https://www.bangkokpost.com/business/206104...-a-bubble-mount

....For once, everyone seems to agree: Much of the market looks like it's in a bubble.

...high valuations alone don't necessarily mean the rally is near its end, investors say.

...timing of a market top is difficult. "We know each bubble is a little bit different and, with the help of new trading platforms and the internet, it could set more records."

....Jerry Braakman, chief investment officer of First American Trust, says his company, concerned about stretched valuations in the U.S., has been gradually shifting more money into stocks elsewhere.
Lately, "the market has not been correlated to the macro picture," he said.

....At first glance, investors' go-to for measuring valuations, price-to-earnings ratios, suggests the market looks expensive.
The S&P 500 currently trades at 22 times projected earnings during the next 12 months, not far off from the 25 times the index traded at in 2000, just before the dot-com crash, according to FactSet.
But that's only part of the picture. That level looks less concerning once low interest rates and earnings, which are expected to grow, are factored in, several investors and analysts said.

One simple explanation for why investors haven't pulled back more?
"We've seen it in the past -- if you think you have a bubble and sell too soon, that can be a very costly trade," said Mr. Braakman of First American Trust.  thumbup.gif

biggrin.gif  bruce.gif  devil.gif  innocent.gif
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I guess it depends on personal risk appetite and overall % of net worth that is commited to UT/Equities now to decide whether to trim holdings 🤔

FOMO >

This post has been edited by LoTek: Feb 2 2021, 10:29 AM
LoTek
post Feb 2 2021, 09:30 PM

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QUOTE(Gatsby IT @ Feb 2 2021, 09:17 PM)
anyone made comparison between FSMone SG and Malaysia yet ? does SG FSMone offer the exact same fund or different ?
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Friend, you do know you can just go on to the respective websites and look, right?
LoTek
post Feb 3 2021, 11:24 AM

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QUOTE(MUM @ Feb 3 2021, 11:00 AM)
i think you missed the quarterly platform fees in FSM SG
like 0.0875% for first S$300,000
0.05% for amount beyond S$300,000
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Correct me if I'm wrong...I'm thinking that, if a same fund is listed in both fsm my and sg:

The platform fees will be based on the current value, not the initial investment. So, it is impossible to calculate accurately the difference in cost between the initial sales charge vs platform fees as we do not know how the fund will perform in future.

Assuming the fund was stagnant, fsm sg would be cheaper than fsm my up to 17+ quarters. Highly unlikely that a fund does not grow, and we still keep it so maybe with growth, ballpark, 12 quarters, or 3 years.

Most people (I hope) keep their units way longer than 3 years, so, the initial sales charge method still seems more worth it?

*This of course does not take into account the fact that some (many) people might wish to keep their assets in Sg rather than My, hence the appeal of Fsm Sg.

**Disclaimer: I have both fsm my and sg accounts.
LoTek
post Feb 3 2021, 12:36 PM

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QUOTE(ky33li @ Feb 3 2021, 11:49 AM)
There is a reason FSM is charging the platform fees. If you would like to monitor the relevant unit trust say based on specific industries or region, FSM Singapore makes it easy for you to manage your watchlist. When i click China watchlist, immediately everything is being listed out. This will also helps u in managing your top up or to which sector you want to increase your exposure to.

I am not sure how eunittrust layout looks like but from what i gather with eunittrust Malaysia I don't think the platform is that user-friendly for monitoring and investment.

Or maybe you have build a substantial investment, you can transfer them to eunitrust Singapore.

What I am trying to highlight is FSM Malaysia is already losing out in terms of zero percent sales charge not to mention the choices of funds available. I only buy feeder funds in FSM Malaysia that is still subjected to 1.5% sales charge.
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I don't dispute the choices of products is far better in sg. That's why I have both fsm sg and my. We are trying to tell you that, as per my calculations, for the same funds available in both sg and my, unless you are buying funds for goreng, intending to trade them within a few quarters, in the long term, the cost of platform fees are more expensive than an initial sales charge.

This post has been edited by LoTek: Feb 3 2021, 12:37 PM
LoTek
post Feb 3 2021, 12:58 PM

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QUOTE(Gatsby IT @ Feb 3 2021, 12:44 PM)
Actually I did calculation both resulted in similar and I would agree 0.3% over 30years over total sum would result higher fees than 1.5% per entry . But I'm just thinking if SG buying into direct fund instead to feeder fund that would easily be another 1% better performance there annually .
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Recall someone here asked before whether how much extra expenses feeder funds incur...dont rmb the answer. Was it you? The extra is 1%?
LoTek
post Feb 3 2021, 01:11 PM

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QUOTE(WhitE LighteR @ Feb 3 2021, 01:02 PM)
In my opinion the issue with feeder fund underperforming the main fund is not because of extra expenses. Its because the feeder fund is not fully invested in the main fund. They always keep some portion in cash. Also there is a conversion loss between the feeder fund and main fund. And further differences (good or bad), when the feeder fund is doing hedging MYR currency for example.

U can check their annual or quarterly report for more details.
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Thanks thumbsup.gif good points.
LoTek
post Feb 4 2021, 09:28 AM

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QUOTE(adix4 @ Feb 4 2021, 09:10 AM)
Hi guys need your opinion, 4 funds in my mind (Shariah)

Which either one should I choose :/ this is my second fund that I will invest in

1. Affin Hwang AIIMAN Asia (Ex Japan) Growth Fund - MYR
2. Aberdeen Standard Islamic World Equity Fund - Class A
3. Principal Greater China Equity Fund - MYR
4. Eastspring Investments Dinasti Equity Fund
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Well... are you bullish on China, Asia or the World in general?

This post has been edited by LoTek: Feb 4 2021, 09:28 AM
LoTek
post Feb 5 2021, 10:43 PM

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QUOTE(yycclin @ Feb 5 2021, 10:19 PM)
Is it wise to invest more in Gold now ??  Buy low ?
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If we are really in a bull economy my take is 1750 is still expensive. If. I'm holding on la. To hedge against the equities. My gold is still green la...
LoTek
post Feb 9 2021, 09:59 AM

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QUOTE(leesw2263 @ Feb 9 2021, 09:54 AM)
Bro...
UT nowadays very volatile, up/down few percent within days/weeks.

I check on this UT price very often, almost every day after 6pm to get the new price update. nod.gif

I like this forum...but still don't know how to choose the UT.

Read and do own research and beli.
EPF money, not cash, not sakit hati.

Cheers everyone.
Happy Lunar New Year to every one.
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My thoughts: at heart UT is still not meant for short term hit and runs, if you enter with goreng purposes, fine, just be ready to sell when you reached your target and don't be greedy. If you are in for the long run then monitoring the price every day is not a good idea (I would monitor the broad markets daily and top up if I see dips but not the price of the UT itself). Epf IS MONEY, worse still, it is money that is GUARANTEED to make higher returns than FD CONSISTENTLY so you should be even more sakit hati than cash.

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