Thank you for your assistance friend MUM.

Algozen™ ver four lives on....

T 1 U N 1 4 H S 3 N G!

I just top up on Monday ( 9th Nov 2020 ) RM 5,000.00 into AmChina-A Share, the RM 5K being the minimum top up value. Looks like I top up at the peak.

Xuzen.

Report for Oct 2020 just came in and tallied.

Port Algozen™ ver four made some profit in Oct 2020; 0.6% M-o-M to be exact ( but still four figure value ).

Gold was lacklustre & port gain comes from US + China ( esp china exposure )

Xuzen

15%
Not selling as of now.

But what I want to highlight is the effect of low correlation coefficient at work. You see, US + China went up, gold came down.

If you want all to go up all at once and together, then you are expecting a highly correlated asset class.

Some may argue, why choose the asset class even though is low correlated but you know it will go down?

It is like asking why buy Insurance and pay the premium ( cost )?

The answer is; it is meant as an cushion against " what-ifs"

And from my port result, even though gold went down, overall port went up.

As my lecturer in finance once told me, low correlation COM-LAN-FIRM reduces the volatility aka standard deviation, but not the overall gain. And of course I had to sit in the class for half an hour seeing him deduce his theory on the whiteboard.

Xuzen

This post has been edited by xuzen: Nov 27 2020, 03:21 PM

Previously Algozen™ ver four exclude wholesale fund in its selection. It was only in Sep 2020 I include wholesale fund in my portolio construction based on a suggestion of a fellow forumer here ( very very sorry but I cannot remember who it was ). And United Golden Opportunity Fund came into the picture. After passing some initial criteria it was shortlisted from the master list. Next, I plotted its data into Algozen™ ver four and Voila! It appears as one of the selected golden winner ( pun intended )



Sorry, it should be [B]KOM - LAN - FIRM

Xuzen

This post has been edited by xuzen: Nov 27 2020, 04:00 PM

Downgrade means higher risk of default, means investor demand a higher risk premium ( aka return ) for holding the bond.

Since bond coupon is fixed at the onset of its creation, the only way a seller can get a buyer to change hand is to sell it at a lower price to off set the demand for better price aka more discount.

In this sense, bond price will be lower which means bond fund NAV should go down in tandem.

Xuzen

Yar lor... sikit-sikit news only want to switch here & there. Main tikam-tikam izzit?

Not sure about you but as for me, using ARSTF as my proxy for FI exposure, I will hold on to it because the 3 Yr avr return = 8.29% pa., whereas the risk aka 3 yr Vol / Std-Dev = 2.94% p.a. The Potential Return I get out-weighs the risk, hence I will still maintain my exposure to this investment tool. When you apply more mathematical logic to it, your mind becomes less clouded and decision making more straight - forward.

Xuzen

A quick glance of my port in Dec 2020 looks very nice, makes me feel like wanna do some extra last minute X'mas Shopping liao. Ho ho ho, merry X'mas.

Omputeh side ( US ) looks very green.
Tongsan side ( China ) also look very Ong!
Gold also recovered a bit.

Have not done any in depth analysis yet, but at a quick glance KAF Tactical Fund ( M'sia centric ) looks promising.

Xuzen



This post has been edited by xuzen: Dec 19 2020, 03:49 PM

These unit splits bikin orang sibuk only. It does not contribute to anything to the investors but give them a sense of price is cheap artificially. This is one way the fund manager manipulate the NAV to give an impression that the price is cheaper now. And for those NAV tracker, they will be mislead into thinking it is a BUY signal.

Just to give you guys a perspective, I bought a Manulife Investment Link policy about 15 years ago plus / minus and the UTF I buy units into has never given any distribution nor unit splits nor bonus units or any SH1T like that. Today the NAV is around RM 5.00/unit. Can you imagine this? A unit trust with a NAV of RM 5.00/unit.

This post has been edited by xuzen: Dec 23 2020, 03:55 PM

Only for Policy holder; not open to any Tom, Dick & Harry. It is not technically close - ended fund coz' ILP participants can continue to buy the said units.

Xuzen

This post has been edited by xuzen: Dec 23 2020, 03:56 PM

Need assitance:

It seems that Morningstar has revamped their website and I cannot seem to go to the correlation coefficient matrix generation page. Anyone can help?

Trying to input Malaysia centric fund into my Algozen™ ver four and without this parameter, I am stuck and cannot generate the desired report.

Thanks a lot in advance.

This post has been edited by xuzen: Dec 26 2020, 10:39 AM

Just log into my port to jenguk-jenguk and Wahlau eh... darn green weh.

Semua naik.

Extra new year bonus!

Disclaimer: I no ask you buy, you sendiri wanna buy one.

One of the critical parameters needed in Algozen™ ver four, that is, correlation coefficient matrix which was previously available for free in Morningstar is now a paid only service. Hence Algozen™ ver four is in suspended animation indefinitely until I can those data back online.

Sigh

There will not be new update for the time being.

Xuzen

Had a chat with my friend who is a Lic Financial Planner. His in-house view is in favour of Malaysian equities. As such I will be DCA'ing into KAF Tactical Fund starting this month.

My 1H2021 port will look something like this:

Uncle Sam - 15% ( United Global Tech / Franklin US )
Gold - 15% ( United Golden )
Mehsia - 15% ( KAF Tactical )
Tionghua - 20% ( AM A-Share )
FI - 35% ( Amanah Shariah Trust )

Xuzen

Disclaimer: I tok 3 tok 4, tok east tok west... tok-kok. You follow me, you go horlan!

This post has been edited by xuzen: Jan 9 2021, 11:53 AM

AM-Bullehland vs KAF = KAF menang b'coz Sharpe ratio better & AM-Bulleh fund size is RM 8.23M vs KAF = RM 85.3M.
AM-Bulleh is like a micro fund. Too small, very high risk wei.

United-Bullehland fund? Apa tu?

If it is up to me, for China-centric non-wholesale fund; I would prefer Principle Greater China.

Xuzen

Disclaimer: I tok 3 tok 4, tok east tok west... tok-kok. You follow me, you go horlan!

My move in Jan 2021:

1) Add RM 5K into AMChina-A
2) Switched all from Franklin US to United Tech
3) Reduce Gold exposure
4) Add RM 3K into KAF Tactical ( Bolehland exposure )
5) Further add RM 5K into United Tech

Bonus 2021 lai liao.

Xuzen

Another new month another blow-water session.

My Dec 2020 statement of account just in.

Dec 2020 was a good month. Got a 1.6% gain.

Total One year gain = 4%

My investment gung-fu is worse than KWSP manager

Xuzen

This post has been edited by xuzen: Feb 2 2021, 04:01 PM

My ROI is 4%; KWSP is expected to be around 4.5% for 2020.

That is why I said my gung-fu is not as good as KWSP manager lor!