Just to show you Principal Asia Dynamic Income Fund is worst performing fund in FSM Singapore for past one month.


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The last dividend yield declared is only 5.6% as compared to drop of 37%? hmmmm

This post has been edited by ky33li: Jan 14 2021, 11:24 AM

Warren buffet investment strategy could be out of date, he himself also said s&p returns outperform his portfolio.

Yes, there will b bear. Questionis will you dare to top up when market fell by 30%?

actually the acceptable return for bond funds should be around 4-5%, which i think amanahraya still can give us that kind of return.

you can google Blackrock Next Generation Fund, another tech fund worth exploring. i own this in FSM Singapore

Yes you can. i am actually working in Malaysia. I transfer funds using Instarem/Sunway Money to CIMB Singapore account. However both FSM Malaysia and FSM Singapore operates separately. However you can also remit money straightaway to FSM Singapore, the customer service is very friendly and they will immediately respond to you.

Actually 90% of my unit trust is in Singapore for 2 simple reasons : i) zero sales charge, ii) Much more choices for types of funds.

Even the 4G that someone mention earlier, i bought in December and now is almost 10% return. Blackrock is around 8% because i top up in January. I also own Nikko Ark Innovation Fund in Singapore.

Yes. This is consider a feeder fund. 80%-90% invested in the fund while remanning are cash. You can find similar funds in Am-China A shares (Allianz China-A Shares) and RHB Artificial Intelligence Fund (Allianz Artificial Intelligence Fund).

You may wonder why all these funds are not available in Malaysia. Very simple reason, this is to protect local fund houses/managers. The reality is local fund managers do not perform as well as overseas fund managers for very simple reason. For example Nikko Ark Innovation Fund - fund size is USD7billion, which allows them to invest plus they would have much more relevant sectors information than local fund managers. Hence the creation of feeder funds which i hope will be available more in future. Downside is sales charge of 1.5% but if you buy in FSM Singapore it is 0%.

Even with platform fees i still think it is worth it. Max in total 0.35% a year, negligible if let say u buy nikko ark fund >130% already. If you want total zero percent sales charge, you can go for Eunittrust Singapore but not a very user friendly platform. I still think the zero sales charge win FSM Malaysia by so many times!! Imagine everytime you top up you are charged 1.5%. Plus FSM Malaysia charge platform fees too when you buy Managed Funds or Retail bonds.

Those feeder funds how sure are you local fund houses didnt charge extra by buying through them? There is no free lunch in this world, only cheaper cost.

This post has been edited by ky33li: Jan 17 2021, 07:33 PM

another push factor for me to buy in FSM Singapore is because I am of the view long term MYR will depreciate and Singapore dollar will remain stronger as compared to MYR.

The effect US blacklisting is not going to be long term. China will be the fastest to recover in terms of economic growth.

Yeah, Am-China A-share became the top performing funds for China based fund, surpassing earlier RHB Syariah Focus Fund.

https://www.globaltimes.cn/page/202101/1213106.shtml

China's GDP surpassing 100 trillion yuan.

I went into both....

yup bought ark fund at 0% sales charge

Affin Hwang World Series Disruptive Innovation fund

Unless it is a feeder fund, otherwise I won't consider because i doubt RHB fund manager's performance.

very similar to my portfolio. I ady next generation tech fund in fsm singapore.

I also hv RHB Artificial Intelligence Fund and Kaf Core Income Fund

FSM is just the middle man to distribute funds. The funds that you arte invested into are managed by respective fund houses. Perhaps you shouls google more about FSM and do more research on that.

It is a feeder fund. It is buying into Blackrock Next Generation Technology Fund. You can check the relevant blackrock funds in Bloomberg. I bought this fund in FSM Singapore earn more than 20% day since last October 2020.

FSM Malaysia - Sales charge : 1.5%, no funds from fund managers like JP Morgan, Blackrock, Allianz. Most funds underperform compared to FSM Singapore

FSM Singapore - Sales charge : 0%, better fund managers and can tap local malaysia ones.