when and where do you wish to deploy the $$?

fuh , kasi SAILANG local fund.

interpac currently 0% sales charge. the profit still going up.




KUALA LUMPUR (May 26): Kenanga Investment Bank Bhd's net profit sank 76% in first quarter ended March 31, 2017 (1QFY17) to RM1.89 million, from RM7.8 million in the same period last year mainly due to lower trading and investment income.

Also dragging its earnings were losses from an associate and joint venture, while brokerage income edged higher. Earnings per share stood at 0.26 sen per share, against 1.01 sen per share in 1QFY16, according to its Bursa filing.

Quarterly revenue, however, grew 11.2% to RM169.13 million, against RM152.12 million in the same period last year.

On prospects, Kenanga expects its equity broking division to continue to perform well on the back of higher volumes in the local stock exchange to date.

However, investment banking division may operate in a challenging market environment dragged by the debt capital markets, while it expects the investment management division to break-even this year.

"On the back of higher Bursa volumes to date, as well as the expected further cost savings from relocation to its corporate building purchased in 2016, the group remains cautiously optimistic that it will improve its overall 2017 financial performance compared to 2016," it said in a separate statement.

Kenanga's share price dropped 1.5 sen or 2.24% to close at 65.5 sen, giving it a market capitalisation of RM473.27 million.

Ponzi2 and KGF...

When... maybe when market is not too hot or when see slight correction...

wonder when kapchai fund will be opened to us.

I heard they will organize a UT Investment Fair 2017 in Penang, probably end of July (29/7). I think there will be promotion from those participating fund houses at the event.

jfyi, Ponzi 2.0 had been flat for the past 2 months and KGF had also been flat for the past 4 weeks....

guess not in the very near future for they had just launched the Islamic version.....
https://www.fundsupermart.com.my/main/fundi...ap-Fund-MTESISC

oh well. guess I have to leave my top ups for abit next month. everyone is expecting a correction?

Want some corrections ma...

Now the $$ sitting at an instrument that yield 6% pa...

not them or me.....

"As of 22 May 2017, the MSCI Asia ex Japan Index is trading at 13.4X and 12.1X 2017's and 2018's estimated earnings, which still represents a discount to its fair PE ratio of 14.0X.
As a whole, emerging markets also trade at a discount to where we deemed them fair despite their strong outperformance relative to developed equity markets.
If one were to compare the headline estimated PE ratio of the Asia ex Japan equity index against the MSCI World Index (which represents the developed markets),
there is still a clear valuation disparity between the two indexes, with Asian markets at lower valuations and the developed markets index skewed by rather expensive valuation multiples of the US and European equity markets.
Investors seeking higher equity market returns should remain overweight Asia ex Japan as the region still offers a higher upside potential!
Investors preferring diversified exposure can opt for Asian equity funds or region specific funds like Greater China or South East Asian funds to obtain your ideal Asian geographic exposure. Alternatively, single country equity funds are also an option for investors who want dedicated exposure to a single, desired Asian market."
https://secure.fundsupermart.com/fsm/articl...p-?locale=en_us

are you expecting a correction soon too?

Hope Kenanga and CIMB will be there...

Or Eastspring and Hwang...

6% pa...that is a lot better than some of the FSM managed portfolio's returns

Hmm... lucky I subscribe to RSP before its closure... But didnt manage to do so for Ponzi1

FSM managed portfolio... IMO I think the balance and above portfolio can beat 7 - 8% anytime in long term...

Invest with peace of mind is too good to be true bro.

Is there anyway they can guarantee with their service my portfolio will surely grow positively over time?

If no, I don't get why should one enroll into this program.

Please enlight me as I am new to UT.

if you are new to UT, with your mind set of wanting a guaranteed returns.....

may I suggests that you EXIT UT investment ASAP for even with you as a driver, there is NOT guaranteed that your portfolio will surely grow positively over time or worst will not lose...
if there is no guarantee, why would one enroll into this UT investment program.....

the best (almost guaranteed one is CMF)........
'historically",....if given enough time, and also largely depends on the situational timing/incident at that time of withdrawal.....most equities funds will be positive.

for a guaranteed known yearly returns, no lose and with PIDM protection......go for FD.....

This post has been edited by T231H: May 28 2017, 07:54 PM

Two Reasons to Skip the Market’s Joy Ride.......26 May 2017,
There are two primary reasons to be cautious about investing fresh capital in today’s richly valued US equity markets, in my view.
The first reason is shaky pricing power — or top line growth — for companies in the S&P 500 Index.
The second is the low level of investment that large companies are making in their collective futures.
..............

So far, first quarter 2017 profits look good in both the United States and in Europe, but will this run of good numbers be sustained without improved pricing power or additional capex as the year wears on? Lots of earnings growth will be required in the remaining three quarters of 2017 to make the current market price/earnings ratio seem reasonable.
Consequently, I remain cautious with new monies.
http://www.fundsupermart.com.hk/hk/main/re...-Joy-Ride-13460

There are only 2 things on earth which gives a positive return or in malaysia's case 3 stuff:
1) Pension fund (well most country which not in turmoil)
2) Term/fixed deposit
3) Amanah saham fixed price fund (uniquely malaysia)

This is so that you give them the money (FSM) and let FSM determine the best fund to buy to reach your target. You don't need to worry this fund good or not, what to topup, when to topup, how much to topup. You guve them the money, come back and see the progress.

In normal unit trust, there are few stategies
1) buy every month with a fixed amount regardless market condition (This is DCA)
2) buy more when market is bad and buy less when market is good (This is VCA)
3) Totally wait for really bad times, then pump in money.
4) Topping up the fund which you think will perform in the near future, and take profit when the % profit reaches what you want.

See so many ways to buy. This managed portfolio takes away all that. All you need to do are
1) give them risk profile
2) give them money
3) pay platform fees yearly
4) go enjoy your life
5) come back when you need the money.

This is pseudo robo advisor. This is because a robo adviser (a computer/AI) invest automatically in ETF as majority of fund manager cannot beat the ETF index. Couple with lower fees and no need to pay anything to the computer/AI ETF beats actively managed funds (usually).A real robo advisor which is quite popular in the west do the all the stuff above (invest automatically in ETF). They are only found in west and Singapore. Malaysia does not have any real robo advisor as something about not letting foreign ETFs in.

Now the question is can LYN members beat FSM team

This post has been edited by Ramjade: May 28 2017, 08:20 PM

if based on historical ROI results without comparing the portfolio volatility and risk reward etc, etc.....

this one can .....
post 4921
https://forum.lowyat.net/topic/4193169/+4920

how much to top up?
10k also?