I see. Thanks.

I belief that agent is referring to the wrap account that IFAST offers through financial planners. Well, strictly speaking it's only comparing apple to apple when you compare Public Mutual agent to financial planners that sell funds from asset management companies other than Pub Mut. FSM is another ball game altogether, you gotta put through all the transactions yourself and decide on what funds to get on your own.

As to whether or not 1.5% p.a. wrap fee is worth it, it depends on how you buy & sell your funds. If you trade it like share market, the wrap fee may work out to be cheaper than upfront sales charge. Especially with Pub Mut style of switching penalty within 90 days. In FSM, you can even get 0 switching charge if you are willing to have longer lag time.


I don't think the excel sheets are wonky, I'm grateful there are excel experts who are willing to spend time to prepare them and generously share with us. But some forumers did rightly point out that sometimes it's hard to use other ppl's stuffs and may be easier if you just prepare your own excel sheet which meet your own objective instead

Since we are on this topic again...
Was it you who mentioned that there are some IRR calculators in the market? Were you able to find out which is suitable for you?

IIRC, you prefer to use a dedicated software for such IRR calculations, rather than Excel worksheet.
I have similar thoughts too. Nothing against the great Excel file did by our fellow LYN members, but despite all the instructions here, I still fail to utilize it appropriately. If anyone found any alternatives (for Excel-newbies like me), kindly enlighten me.

Thanks.

those standalone program cannot get NAV prices update from FSM at the press of the button.
the one downloadable from post # 1 can.....

there's one way. Pay dasecret which I'm contemplating to do. dasecret you wanna make a few tens?

Your agent trying to mislead you to make his 5.5% sales charge appear cheaper.
Mine telling us from what company the agent is?

for those that are still sitting on the fence waiting for the time to throw some % into M'sia
.......
Is Malaysia Still A Good Buy? [19 May 2017]
https://www.fundsupermart.com.my/main/resea...-May-2017--8370

for those that are still waiting for signs to top up more into EM......
Strong market rebound for emerging Asia?
http://www.thestar.com.my/business/busines...-emerging-asia/

This post has been edited by T231H: May 22 2017, 12:05 PM

USD to ringgit is now 4.30, shows that foreign money is flowing in to Malaysia. Flow to where, I don't know.

Malaysian small cap is still going up. I guess it will continue to do so, until the market finds an excuse to do a major correction.

Any fund that will drop by 25% just because of one counter.. is too concentrated

It's incorrect to say it's due to one counter ( u-li ). It was actually a bunch of counters, but common among the RHB funds ( and also other funds ).

For me I think it was a natural correction due to the oversell nature of the small/mid cap counters at that moment, the market was just looking for an excuse to perform a correction. Personnel movement happened to trigger it.

This post has been edited by puchongite: May 22 2017, 12:54 PM

It was a bunch. But it started with U-li if I am not wrong. Then domino effect as people sell other fund held by the fund.

why call it a u-li fiasco then if u-li wasn't the sole cause of it

googled and found this last year's article..

The stocks that RHB Asset Management holds a significant long position include
PIE Industrial Bhd,
United U-Li Corp Bhd,
SLP Resources Bhd,
Oriental Food Industries Holdings Bhd,
Pestech International Bhd,
Berjaya Food Bhd,
ES Ceramics Technology Bhd,
Federal Furniture Holdings (M) Bhd,
Power Root Bhd and SCGM Bhd.

According to Bloomberg, from Aug 1 to 24, the prices of these stocks fell between 5.81% and 35.85%........
.......

According to the fund fact sheet as at end-June,
RHB Smart Treasure Fund,
RHB Kidsave Trust,
RHB Small Cap Opportunity Fund and
RHB Equity Trust have invested heavily in the stocks mentioned,

making up 35%, 32%, 33% and 30% of the funds’ portfolio respectively.

http://www.theedgemarkets.com/article/news...lldown%E2%80%99

Noted and Thanks! I compared side by side and it looks like i did the right thing with my excel yesterday. no more issue.


If you use polarbearz version, it is very straightforward. The instructions are clear and all are automated so it's a fully baked excel sheet, if i could say that. I only have issue when i was migrating from Windows to OSX, and with idyllrain help, it works. The sheets provided need no further tweaking, unless you're like me, wanting to go a mile further to add few extra things. Just remember to have separate sheets to experiment with. You should be OK. It could serve you well to be a study material and learn bit by bit. Take your time and learn how each macro/formula works.

Hi Xuzen, can I ask your opinion on Kenanga Malaysia Inc Fund ? How does it performed compare to Kenanga Growth Fund. From the past year performance, looks like both of them are quite consistently growing. Thank you.

Hello friend Pink Spider I-m-pinkie,

If you read their prospectus, KGF has mandate to invest in Malaysia stock market with unconstrained selection. That means they can buy large cap, index linked counter, small cap and mid cap. If they want, they can also go ACE counter. With such versatile mandate and coupled with a good Fund Manager, it is not surprisingly KGF is the darling of the Malaysia focused UTF.

KMI on the other hand states in their prospectus their trust deed is to invest in Malaysian counter with global reach. To my interpretation, it appears to be targeting the large cap or index linked counters. By this virtue, this UTF is already limiting itself to only a segment of the whole KLSE. If large cap is what you think will fit into your portfolio, then one may consider buying directly into ETF Malaysia e.g., FTSE BURSA MALAYSIA KLCI ETF (0820EA).

Now, I will talk about performance. Both KGF and KMI have about the same type of volatility but KGF has better return historically. Hence, given that both offers the same level of risk, then a rationale investor should choose the one which gives a better rate of return. Understand boh?

Xuzen

Hi all, want to ask some advice. I'm using Polarbearz spreadsheet and keying in all my FSM transaction as of date. No issues with buying and selling transaction. but when comes to dividend from the Fund, the number of units does not tally with the amount.

For eg, 18 Apr 2017, CIMB fund gave a div of RM 131.62 @ 0.3393 NAV price. My transaction history shows 387.91 units added. I keyed in the transaction type as Dividend, Transaction Amt = RM 131.62, NAV = 0.3393 but the final unit comes out as 131.62 units.

Should i use the Transaction manual adj to change the units qty?

try key in ONLY the distributed (given) units quantity...??

ok.. that works...

cos i saw in the notes saying not to manually change anything in that column.

For dividend, you fill in units gained instead of total amount of the dividend received. It's not same as buy/sell where you put in amount.

EDIT: Tips for you. When you hover your mouse over the box of transaction type, you'll see a description on how to fill in the box.

This post has been edited by screwedpeep: May 22 2017, 02:52 PM