at least? why must you only go to those atas places? Most shops noddles still priced around 6-7.
of course depending on places. for example the cow shit tarts costs RM1 each from its original place, in KL it is RM3, in SG it is $3/RM10

Eh noodles in most "normal" chinese shops cost RM7.00-7.50 in and around KL for the places I have been to.

How long it takes for u to get your money after sold the fund? I sold on Monday but now still process and not get money yet.

I check the faq it says T+4 but I receive email say settlement date 21 Feb. Thats very slow.

I sell 1 is RHB emrging market bond

Its about reaping what you sow and rewarding yourself. The experience and enjoyment not about eating the tart or whatever.

I mean if u save your whole life living like a beggar what the point of having so much money? In the end theres no value to money if you dont use it. Takkan save until old cannot walk then use to buy medicine?

Have to balance your life between savings and entertainment

Not sure how many people are interested but I attended the luncheon organized by FSM and Affin Hwang today. The speaker was David Ng, Affin Hwang's Chief Investment Officer, talking about their Absolute Return Fund 2.

One thing I didn't properly take note of before is that it does have a performance fee, making it almost exactly like a hedge fund's fees. 1% annual management fee and 20% of gains after a hurdle performance target of 8% per annum.

Ng is apparently bullish, especially on China. The audience asked questions about the effect of Trump's policies and the possibility of a trade war. Ng admitted that he doesn't know what Trump would do and a trade war would hurt but he thinks it is unlikely.

If you're looking for local stock tips, he said he's been buying Bumi Armada and Mega First (for their Laos dam project). I asked about his fund buying shorts and he answered that while the fund can buy shorts and hedges, they normally don't do so and that in fact the short they bought towards the end of 2016 was a mistake which he did out of worry about the US elections.

He claims the minimum investment amount is RM100,000 for now but will likely rise to RM250,000 in a couple of months once the fund reaches its new soft cap. There were about 20+ investors in attendance. I found it odd that all were Chinese though FSM specifically stated in its invitation that the luncheon is pork free.

Thanks for the information even though you didn't have to. Really appreciate it.

just wonder how did you get invited? Are you FSM gold or platinum customer?

I'm a platinum member. Actually I felt a bit nervous about being maybe not quite rich enough to sit among the other attendees. Ng told an anecdote about stocks being expensive or cheap. He used houses in Bangsar as an example, as the event was held in Bangsar Shopping Center. He said if the house cost 2 million it would be dirt cheap and you would snap it up without thinking twice. If it were 20 million, it would be too expensive to buy even if it's a good house. 2 million is still a lot of money to me, ouch, but I guess it must be nothing to a lot of the people there.

If i remembered correctly, in order to purchase absolute fund 2 you need to have asset worthing >3mil or annual gross income >300k right?

No need. Just need min RM100k

hi, i'm new to ut
to all sifu here, do my profile like this look ok?

Libra AsnitaBond Fund - 10%
Affin Hwang Select Bond Fund - MYR - 15%
RHB Emerging Markets Bond Fund - 15%
Affin Hwang Select Asia (Ex Japan) Quantum Fund - 20%
CIMB-Principal Global Titans Fund - 20%
CIMB-Principal Greater China Equity Fund - 20%

in my honest opinion
reduce your china equity fund to 10%. the fund is a hot roller coaster.

maybe add India into it. so 10% China 10% India. for more coverage.

i just saw something new on FSM
money market fund
risk rating is 0
what are your guys thought?

isn't that CMF? lol the same lah

after looking back...yes..i think it is
but with more choices



and i saw this too...altenative investment


This post has been edited by MR_alien: Feb 18 2017, 05:51 PM

I have noticed that quite a number of portfolios have allocated a substantial portion into rhb EMBF. Would just like to point out that the volatility is by no means reflective of a normal FI fund, of course neither does the return. Something to keep in mind during %allocation.

My 2 cents, you may consider dumping CIMB Greater China and substituting it with CIMB Asia Pacific Dynamic Fund. Wider coverage.

Buy Affin Hwang Select Asia Quantum Fund 10% and put remaining 10% into the Eastspring Emerging Global Market Fund.

No wrong and right answer. Your money, your decision, bro.

P/S: My proposed portfolio will also cover the China markets but with better risk reward ratio.

This post has been edited by Vanguard 2015: Feb 18 2017, 05:56 PM

It is always fhere for both

Just that CMF is treated as a saving account in FSM due to the fact that u cannpaybur investmwnt via this fund

That is what other money karket fund can't do

Alrernative investment is also always there, but some of then are wholesale fund, or the performance doesn't quite on par with normal fund, or their history isn't long enough to be put into considerstion

You'd expect that for EM actually.

it's stated in a box at the bottom, might have to scroll down to see it.