Just for fun and to better understand why many forumers encountered losses recently, I simulated the Master Xuzen's Crystal ball (base on above post) performance using FSM portfolio simulator.

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In above picture, portfolio #1 is mine, the portfolio #2 is Xuzen's. And, both of them is 30% FI and 70% EQ.

Obviously, the Master's Portfolio had been flat for 3 months, but with low volatility. If includes the sales charge/ switching fee, it is a loss.

My portfolio is too concentrate on Asia Ex Japan, making its higher volatility.

Don't panic guys. This was the market correction that we have been expecting the whole year long. Those of you keeping that extra fund for discount buy, did you use the opportunity ? Or did you hold back ?

Anyway, I believe the storm might now have passed. US passed the corporate tax cuts and economic data still points to growth.

IDS drops 11.3% froms its last peak. But, seems nobody here want to buy or top up, while quite many are selling or thimking to sell it.

I did invest IDS, but sold the last  batch in October.
I was very lucky, invested IDS since April at price 0.45xx to 0.59xx and start to sell in August and sold the last batch on 17 Oct at price 0.6017.  , almost at the peak.

I sold IDS mainly because i don't know what I had invested to. It updated its factsheet every 3 months, but without updating their top holding. I don't know what it is holding...
By looking at annual report, IDS number of unit holders in whole Malaysia is 60 only.    Do u sense any risk behind this number?  I do.
Normally, i don't include Msia EQ in my UT portfolio because i am holding quite a lot of (to me) Msia blue chips stock (Maybank, TNB, Maxis etc), which i bought >10 years ago. Moreover, I don't have confidence to Msia market especially before election, as I still can remember clearly that how the stock sank right after the election of 308. Furthermore, currently, PMI is <50 for years, Companies earning is below historical average level.

To me, i don't agree with FSM who allocating 15% to malaysia fund. I personally think that the risk of Msia EQ is almost same with India EQ, as both of them are emerging market with high GDP growth rate, and both of them (stock and currency) are easily be manipulated by foreign fund.

Malaysia Fund is also single country fund, and malaysia stock market is too small, therefore easily be manipulated/impacted by foreign inflow. But, if without enough foreign inflow, malaysia stock market is very boring one, flat for months.

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Investors are “locking in profits earlier than usual for the year and not opening any new positions,” said Andrew Clarke, director of trading at Mirabaud (Asia) Ltd. “Eventually, as profit taking subsides, buying for the new year will appear as people look toward 2018.”

Don't panic. Prepare bullets. This is my opinion. Still my heart aches as my profits are wiped out.

statement can be found in the profile but not in the mail...

is there any chance they wrongly sent?

waiting for some poster to ask why cimb dynamic Asia ex Japan drop so much this coming week

haish it's distribution!! where your statement come from when the comment above you state the China market went up.

Managed portfolio put to test in the previous correction. Seems people's confidence is still unaffected.

  this got alot to do with the type of managed portfolio the investor chooses ..... the person on the other end just allocates the asset according to the investor preferences....
if the investor choosen to be high in equities vs fi ratio....then during the "BAD" times...have to bear with the downfall risk lor.....nothing much the the person at the other end can do....they have a mandate to keep to that ratio.....

Based strictly on my gut-feel, I think the market sentiment has picked up...

The trough was somewhere early of Dec17.

What a short lived scare.

Those who had the balls of steel, you have a good chance during the first two weeks of Dec. If

Those who had the regular balls and is doing DCA, well, not too bad... not bad at all...

Those who waited and waited and waited.... well, keep waiting. Your chance will come again... I am sure... two years later. So keep on waiting....

Xuzen

looking at yr chart.....from the period of END May to Dec....your DIY port increased from 7.X% to 12.X%, thus about 5.x%
while the managed port increased at about the same rate from END May to Dec......
just wondering which one has higher portfolio's volatility 

Wah, 0% SC for investment fair participants only 

about 6 months back...FSM did mention this in one of their article....

"In the race to garner more asset under management (AUM), some fund houses have resorted to tactics of declaring dividends frequently, as this may lead to misinterpretation that the funds are doing well and investors may be inclined to invest more into the “good dividend” funds. Investors who fell prey to this may be left with empty baskets in the long run."



also, for those interested about the left pocket to right pocket logic and the "cheaper price now" ....pls read page 555, post 11081

So how many here has hit the average of 15% ?

Nope. Semua OK je.

Received the 0% sales charges campaign code from CIS, after register the event.

But, it can be used only on 20/01/18...just one day...

Registered on Monday and received the email this morning. Code only
The title of email:

0% Sales Charge Campaign Code (exclusive for selected clients only)

Terms and conditions:
This promotion is only valid on 20 January 2018.
This promotion code is applicable for new investments only including using RHB Cash Management Fund 2 to invest into other funds (including RHB funds).
To enjoy 0% sales charge, enter the promotion code before confirming your transaction.
This promotion code can only be used once to purchase unit trusts in 1 purchase order on 20 January 2018 only.
Promotion code is applicable to all funds from participating fund houses except Affin Hwang Select Income Fund and not valid for FSM Managed Portfolios.
To be eligible for this promotion, all cash payments (Cheque and Internet payments) and EPF forms must reach us by 26 January 2018, 3pm.
This promotion does not apply to transactions involving Intra Switch Buy, Regular Savings Plan (RSP) and Inter Switch Buy.

of course I know lol

you think those gold and platinum people really care a few penny...

I made a significant move this weekend.

I sold all my RHB EMB [ all MYR 50K worth ] with a loss of around 4% within a six months holding period.

I switched approx RM 35K to Lee Sook Yee      fund

and

approx RM 15K to Eastspring Dinasti [ Pure China fund ].

I am bullish on equity in 2018 especially Malaysian and China. M'sia has been oversold in 2H2017 and China / Hang Seng PER stands at single digit.

I'm underweight with regards to fixed income [ bullish sentiments, hence reduce fixed income portion ]

Maintain neutral call on US [ high PER ]

Above neutral for REITs [ I am experimenting using this asset class as " semi fixed income" role ]

My target for this year has now become 70% EQ : 30% FI.

Huat ! Huat ! Huat !

Xuzen