I am writing this not to disparage FSM material, but my Lic Fin Planner also just shared some market outlook with me. He said he just attended also a conference for Financial Planner.

1) Market sentiment memang is bullish esp East Asia region. The simple reason is low PE. When low PE, smart money will naturally flow in to take advantage of the potential upside.

2) He is cautiously bearish on Malaysia. Despite the noise, the fundamental outlook on Malaysia is weak and the main cause is due to the massive external debt faced by this country. He further alluded to the fact that for the first time, the forex reserve has dropped below the external debt level. In lay man term, on your bank account you got MYR 100K, but you owe bank MYR 120K.

3) He is also said fund managers are bullish on REITS, but not M-REITS.

4) On US and India, the call is neutral with more downside risk than upside risk because PE is above historical high. What goes up, must eventually come down. If you have India or US, can start taking profit liao. If you do not have either, can give it a miss. You missed the boat already.

5) Watch out for Indonesia, she is the next boom.

Xuzen

for cimb greater China, if you can stomach its volality I would say go for it but do note how ever that Ponzi 2.0 has an allocation into China.

no more than 10% allocation please. similar to India.

also difference with Ponzi 1.0 and Ponzi 2.0 is that 1.0 has a bigger allocation into malaysia so essentially it's Ponzi 2.0+KGF so you aren't missing out much after its closure if you hace and allocation in Malaysia.

Regards.

The reason is that they can't find better investment to deploy the cash pile.

Is there something wrong with CIMB GLOBAL TTAN price for 14 April?

Can't wait for the day when MAPS does come to fsm malaysia and people here will be going

" my portfolio manager says i need to overhaul my port ,remove this fund but all the sifu here is saying invest in this fund. what do I do? "

interesting times ahead.

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lol. good example don't buy into discounts.

add on.

Rhb has higher volality

it's like having Rio Ferdinand vs Paul Scholes in your defenders

would suggest you look into eastspring emerging market fund. I know master xuzen does not love it but I have it in my girlfriend's portfolio. within a few months it has already bested EPF rate.

I would love to call switch to Eastspring small cap but that's close already.

if you already have I would suggest you option three.

wait for reopening of kapchai then switch all

Should I buy at discount or not?

Lets take two similar risked UTF: RHB AIF & ES ASI

RHB AIF 3 years annualized return is 11.24% whereas ES ASI 3 years annualized return is 10.68%

RHB AIF sales charge is 1.75% whereas ES ASI sales charge is 1.00% (discounted)

A: RHB AIF with 1.75% sales charge


B: ES ASI with 1.00% discounted sales charge

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Looks like ES ASI & RHB AIF after adjusted for sales charge, both their future value differs not significant. As such , next we take a look next at their respective volatility ; ES ASI being the less volatile UTF compared to RHB AIF. Hence in my personal opinion, I will choose the less risky UTF.

Xuzen

Dear sifu, any reason you are still going in for REIT atm?

  good, now I understand already....GOOD Luck to you and have FUN while doing it....
Sharpe & Risk-Return Ratios: What Are Those?

When it comes to selecting a unit trust, its performance should not be the only factor that investors take into account. The fund's risk level is also a crucial consideration. FSM explain how investors can evaluate a fund's risks.
https://secure.fundsupermart.com/main/resea...&articleNo=2387

Two Ratios to Measure a Fund’s Risk Factor
When it comes to selecting a fund, investors should look at both risk and return. Return is easily shown in the fund’s historical performance but risk is harder to ascertain. It is, however, very important as it is possible to lose all your money in a risky fund. Here, we provide two measures to evaluate riskiness of a fund.
https://www.fundsupermart.com.my/main/resea...l?articleNo=110

just to add: Risk rating indicators are measuring indicators NOT a portfolio construction tools

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RR is found at FSM fund selector function.  Now, go play with yourself.....

yes, 10k for try out.....no yearly mgmt. fees....kiam sep lor...
sure will post the interface once it is ready...

thanks you idyllrain,

now I can see more details how my funds correlated in the portfolio.....
seems like I might need to cut down my KGF to 10% and reduce my EISC to 5% and move the cut % to increase EIGL .....for next year portfolio.

Did you follow instruction to change the url to MYR or not. This looks like USD correlation

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My selection.

No 10 is TA Europe.

I am still running multiple scenarios using Algozen™ version four. No final portfolio yet.

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Denotes efficient frontier line.

If i'm not mistaken 5.5% .