Do it. Don't fall in love with your fund.

compare alladdin fund to titanic and manulife us and ta europe and ta global tech, you can see the correlation

Not including EI Global Leader in the this league ?

For me I think TA global tech, EI Global Leader and Cimb Global Titan are in the foremost run.

because back then i invested in alladdin, titanic, ta europe and global tech, and after knowing the us correlation, i consolidate all of them into global tech only. which offer better risk return

Sounds like you made the right move.

partially because US as a whole doesnt rise as much as global tech, even though global tech have heavy focus of US tech

but with rising tech from other part of the world, mainly china baidu tencent, global tech have more diversified option for better prospect given the tech potential

What do you think of EI global leader in relation with all these funds ?

In terms of US stock market exposure:

Manulife US equity = 100% exposed to US

TA GTF = 80% exposed US

ESGLF = 55% exposed to US

CIMB Titan = 40% exposed to US.

In terms of risk - adjusted performance:

TA GTF >>> Manu - USA >> CIMB Titan > ESGLF

TA GTF is the clear WINNAR!

Xuzen

This post has been edited by xuzen: May 12 2017, 12:45 PM

EI global and titanic have at least 40% in US

EI global and manulife US have about a quarter in Tech

If you combine all these fund in performance chart comparison, you might see that they are quite correlated to each other, meaning US/Tech performance affect all of these funds since US/tech are the major in all of these funds.

Hence, I pick the best RR ratio among all of them, which is ta global tech (although i no longer own this)

Sifu, risk adjusted performance are you referring to risk reward ratio ?

When funds have different actual performances, wouldn't the funds will have more likelihood to go back to it's mid point value instead of the edge value of the deviation ?

Is there a model where the likelihood of performance be taken into consideration ?

e.g risk/reward gives you no indication of probability. What if you took your $500 and played the lottery? Risking $500 to gain millions is a much better investment than investing in the stock market from a risk/reward perspective, but a much worse choice in terms of probability.

This post has been edited by puchongite: May 12 2017, 01:47 PM

now my Manulife India is holding 18% of my portfolio allocation. oppppsss.. time to top up the rest

Manulife India Nav May 11 up 1.48%.

no man I switch my manulife US to India. that's why allocation so high.

How you can get Manulife NAV so fast? FSM only shows NAV for 9 May

If you performed the switching a few days earlier then you would have caught the 1.48% up, that's what I mean.

oh thanks buddy for that but sadly trump didn't fire his director earlier.

https://www.manulifeinvestment.com.my/Fund-Price

They update yesterday's Nav at around 2pm plus minus.

Thanks boss

The sifus here all seem to think it's useless to track the fund prices closely, tracking "noises".

I want to specifically answer your query that has been bolded. Noobies, this is advance class material , not kindergarten syllabus , if this is too complex for you, look away and go play at the sandbox .

Let us take the Malaysian big sweep as an example. There are seven digits starting from 000 ' 0000 to 999 ' 9999 . This means that there are 10 millions tickets each consisting of RM 3.00 per piece. RM 501 will let you acquire 167 pieces of tickets. The probability of winning the lottery is 1 / 10 ' 000 ' 000 x 167 = 0.00167 % chance. This means you have 1 - 0.00167 = 99.83% chance of losing that capital.

Now let now take TA GTF as an example. The 3 year average ROI is 21.5% and a three year average standard - deviation of 13.29%. Her one year to date ROI is 34.81%. Three year average return plus standard deviation = [ 21.5 plus 13.29 equals 34.79% ] which means the current one year ROI is very near to one standard deviation . This also means that the probability / chance of it regressing to its mean is 67% and only 1 - 67% = 33% of it moving away from the mean.

Now compare this two situation, with lottery you have 99.83 percent of losing.

With TA GTF, you have 67% of it losing.

If your choice is between spending RM 500.00 on participating in a lottery draw versus participating in TA GTF , which one should you choose ?

Bear in mind , a lottery is a one time gamble , meaning for the next round , you need to add more capital . Whereas TA GTF is always a participant until you redeem your units.

Xuzen

This post has been edited by xuzen: May 12 2017, 02:47 PM