gauging from your fund choices, it seems you can afford aggressive funds. EI small cap cannot buy now. Buy KGF / Interpac Dynamic/Dana safi or even more aggressive - RHB Gold & General.

He might have meant he personally use it as a speculation tool.

My opinion only, does not constitutes truth.
Perhaps it is the perceived risk of the fund itself for the person having exposed to these funds for relatively short time.
In the past few years, CIMB GCEF has been a roller coaster with large ups and downs, compared to the India strong growth and the already low FBMKLCI which have been on a relatively stable upward trend?
Well this is just the perceived way of seeing the risk/reward of the funds. Hence I deduced that's why he might use GCEF for short term.

Damn I have class on that day...hope someone can share some insights. So it is being upgraded from taylors campus to KLCC. FSM must have made loads during this one year.

I guess it is Financial Year End, and each Fund House needs to resubmit their prospectus to SC.

You have total of 6 funds in your port now?

Hows the port look like? Care to share why no top up for others?

I think many people think that the lower the NAV, you get more units per RM invested. Hence when the NAV increases, the gains is more.
But if the fund with high NAV is doing well, with less units per same amount of RM invested, your return in RM terms should still be the same.
If a fund with low NAV is doing similarly well, with more units per same amount of RM invested, your return in RM terms should be the same, since there are more units to divide the same gains.
Am I right?

"Too bad. You have made a loss. Thank you." End.

Any funds that buys into US defense industries?

Personally, I include it for record wise. But in the list number (first column), I change the number to 0. So it would not take into account for ROI. But IRR still counts because it is an uninvested amount of your whole portfolio. ROI only take into account the 'money invested'.

Correct me if I'm wrong

What is FSM?

I'm appalled some people do not see the sarcasm; some do not realise I have been regular participant in this thread.

TL;DR, from what I am looking at the annual report ends 31 March 2017


of course, things may have changed a lot in 3 months.

which is quite bad for the retail investors, simply because they act as shell, basically do nothing apart from doing paperwork to SC compliance, because the FM of the fund they feed into does all the work, but the shell get free profit from it.

maybe need other sifus to shed light on this.
take TA GTF for example.
we pay 1.88% to TA Investments & Maybank Trustee
then the master fund (Henderson Horizon Global Technology Fund) charges 1.88% management fee also.
If that assumption is true then the underlying assets must be doing extremely well for the retail investors to be able to profit.

Not trying to be mean, but bragging only happens when you win.
When you win, everything you do seems to be right, you would think it is an informed decision.
If you lose, whatever due diligence you might have made before betting seems to be a vain effort.
Look at Jack Ma. Nobody knows him 10 years ago. Now suddenly everything he did and doing seems to be right thing.
Then take a look at Ron Wayne who has sold his share in Apple for a few hundred bucks, and now being called dumb ass because he pulled.
These are all retrospect / hindsight.
And of course, nobody would brag if they lose.
Even if they made the most informed decision (so they think) to bet on the market, when they lose, they are just dumb ass losers to the winners.

Cheers to your winning. I'm also heavily in Interpac.

This post has been edited by 2387581: Jul 14 2017, 09:12 PM

The thing about dupe account hasn't cross my mind.
1. FSM have a buy call on this fund a few months ago (early 1H2017)
2. 1H2017 Bursa has been going bull
3. Interpac offers 0% SC, and no withdrawal penalty
4. on the Chinese forum, Interpac is a golden-egg laying goose to many. There's even this guy who proclaim he borrow money to buy Interpac

speaking of which, my newly bought KGF about 2 month ago is still in the reds. And it has been going sideways.

It is out of the question as there are no available units for people other than Malays/Bumi...?

This post has been edited by 2387581: Jul 19 2017, 11:35 AM