I think u meant geographical risk, yes, it is riskier than as it is country specified.

but volatility is purely defined by NAV movement? as the 3-Yr Annualised Volatility (%) and 3-Yr Sharpe Ratio only based on NAV movement, doesn't factor in geographical risk.

usually the latter matter for me more.

in fact RHB China bond fund has a too short timeframe of data (since started 2019) to define its volatility, that's why FSM didn't has data for 3-Yr Annualised Volatility (%)
to calculate its 1-Yr Annualised Volatility gonna cost me much hassle and it doesn't have much meaning IMO also.
That's I was just researching on this fund but not really have it in my cart.

to clarify, I didn't really mention that RHB China Bond fund is less volatile than RHB Emerging bond fund.
It is just that when GrumpyNooby mentioning RHB Emerging bond fund, I replied it's a bit too volatile (not suit my preference to my safety port), merely on the fund itself, no reference or comparison made haha.

I think not really, not like asset class (fund type) which has somehow direct relationship to volatility.

Geographical and sector risk tends to impose risk because they are too focusing on one area, so the risk is that in case that one geographical country or sector collapse, there gone your capital, it is the risk of sector/geographical, but it doesn't mean the NAV fluctuates much, contributing to volatility.

I think that's why you see REIT fund always has the highest risk rating in FSM, much higher than Greater China/US Focus funds etc. FSM defines it as highest due to too sector-focused, risk definition is not merely based on volatility.

e.g.
MANULIFE INVESTMENT ASIA-PACIFIC REIT FUND
FSM Risk rating: 10 Highest
3-Yr Annualised Volatility (%): 17.80

PRINCIPAL GREATER CHINA EQUITY FUND - MYR
FMS Risk rating: 8 High
3-Yr Annualised Volatility (%): 19.18

This post has been edited by tadashi987: Oct 25 2020, 01:49 PM

i will drop it for now because if looking back 2019 performance from its launch date, it is underperform compare to nomura, amanah syariah.

I think i will just stick to amanah syariah which is more consistent

nomura i-income was the hot pick back then, it is still performing good IMO
yes in YTD perspective amanah syariah performs better than nomura

but if u put both in three years chart centre, nomura outperform amanah in a long period of time.

so it is up to you at the end.

Amanah = slow and steady
Nomura = fluctuate a bit more but performing good and outperform the former at times

Turn out I put a small amount to RHB China bond just to play around

let alone bond fund has no direct relationship to share market, unit trust NAV doesn't reflect their price as of today's market

u might want to aware that unit trust NAV latest is as of yesterday

it will be transacted using the T day's NAV (before cut off, not public holiday, not fund holiday, not weekend, must be fund's business day)

but it will only be reflected (in your holdings) after settlement and processed, check fund info



This post has been edited by tadashi987: Nov 9 2020, 12:37 PM

looks like a old news but just sharing, not sure if ones shared before

RM3k Private Retirement Scheme tax relief extended till 2025

how you generate this

RHB bond fund not so good ones, the most welcome right now is Amanahraya Syariah Trust

let FSM earns a bit not like there are others place we can buy bond fund with 0.00 sale charge and no platform fee also

when and what time is ur transaction placed?

so you mean you bought on FSM using FPX on 8 nov but till date not showing ur holdings? ehmmm that's weird, first time buying? did you receive any call / mail from FSM that you require to submit form for PPA account opening?

best if u can straight call/email to their CS and ask

u can reply an email to complain to their CS haha, every new website sure comes with some user experience drawdown and hiccup

This post has been edited by tadashi987: Nov 21 2020, 02:01 PM

best performing pure MMF fund is Eastspring Investments Islamic Income Fund (aka Stashaway Simple)

others alternative will improve slightly higher risk which mix MMF fund with bonds
e.g. Amincome, Kenanga Money Extra

or even higher risk, bond funds like Amanahraya Syariah Trust Fund
thou the fluctuate is still small, you basically safe unless u encounter March crash again which it downfall 3.8%

fun fact to observe bond fund which is on RMB/CNY
e.g. RHB CHina Bond Fund

the return rate can be so different, almost double if u invest in CNY compared in MYR
is it because MYR has depreciated a lot against CNY?



This post has been edited by tadashi987: Nov 25 2020, 01:46 AM

so investing in foreign bond fund e.g. RHB China Bond fund is like playing forex a bit
because from my understanding, the fund performance from the bond itself in RMB just around 5.79%
which doesn't outperform the majority bond fund in MY, like Amanahraya

but due to the forex factor, it becomes top-performing bond fund by far

if put MYD HEDGED and MYR / RMB in chart centre, it doesn't look like it is less volatile,
but u got less return because MYR HEDGED mean u bet on MYR

yeah agree also, i think it is less volatile because when u buy MYR HEDGE, you lock the forex rate, so ur performance/NAV movement is merely the fund movement.

not hedged tends to be more volatile because it moves due
1) forex + 2) fund

This post has been edited by tadashi987: Nov 25 2020, 01:11 PM

well i would say i aint impressed by their managed portfolio either

looking at their conservative managed portfolio
i recommended amanahraya syariah trust to my friends, before it is tagged as a recommended fund by FSM

YTD their balanced not even beat a standalone bond fund return
i think it is because it is too diversified perhaps