Friend Avangelice, the term Dragon fund, being a nickname assigned to CIMB Greater China fund may not be appropriate anymore because Manulife has launched a fund named Manulife Dragon Growth Fund. It may cause confusion.

Xuzen

The above is obtained from Morningstar website.

As for PER ratio.... you need to read fund house research report or attend talks by fund house and you will get it from their assigned speakers.

As for IRR calculations.... google it, or use excel to calculate it (saya tak pandai guna excel, ask some other sifu here), I use ol'skool Casio FC-200 or HP 12c to do the calculation.

Above are all too susah for you?

Want a maggi mee™, cepat dimasak, sedap dimakan version?

Then, stay on this FSM thread. Drop in regularly and listen to us bunch of silly ah peks (sometimes got aunties also) tok-kok!

Xuzen

This post has been edited by xuzen: Mar 2 2017, 12:05 PM

CIMB Principle Greater China just call it CIMB China fund aje lar.... don't confuse the noobs lar!

Yar yar agree!

Action lar now! In quarter one of year 2016, sembunyi kat perigi yang mana?

Now, market is hot, all come out and blow water....

Xuzen

Most likely you did not do multi-quote. Mod has been rather butt-hurt, anal on this issue. I think probably has to do with taking up extra bandwidth or something....

Is it?

After the 2016 China circuit-breaker fiasco, I continue to do DCA.

From 2H of Yr 2016, my port has been inching upwards... every month (for the past 3 quarters) has been giving me a four figure return (in ringgit terms).

Thank you TA GTF, India, RHB AIF and Selina & Esther fund.

Xuzen

An observation:

For a one and a half year, Ponzi 1.0 went out of favour compared to Ponzi 2.0. Take note that Ponzi 1.0 buys into small and medium cap growth stock in the Asia Pac ex Japan geographical sphere. Whereas Ponzi 2.0 buys into defensive dividend giving stocks in the same region.

Now I see a reversal of fortune, that is, Ponzi 1.0 is coming back into forefront and Ponzi 2.0 is taking a backseat or breather.

What is the deduction from this?

If this trend persist, one can logically deduce that the growth cycle may have started, and risk appetite has improved and this means growth stock will be the coming thematic play. However, I caveat to take a plunge right now. We may have to wait a little while longer to see whether this trend is sustainable or plainly a short term trend.

You heard here first at LYN-FSM thread.

Xuzen


Bubble A is when the period Ponzi 2.0 outperform Ponzi 1.0. It is also when defensive play was the theme of the day.

Bubbe B is a start of growth?



This post has been edited by xuzen: Mar 4 2017, 08:41 PM

Because I am awesome and you are not!

Your observation is inaccurate.

Ponzi 1.0 has 45% exposure to Malaysia and its 1 year ROI is 29.69% whereas KGF which is 100% Malaysia exposed 1 year ROI is 11.82%.

It cannot be due to the Malaysia component and hence Malaysia general election factor is definitely not a contributor.

Xuzen

This sounds more plausible....

No friend woonsc, it is not a BUY call yet. Stay tune, focus on it, observe it first. Feel its every breathe, its every inhalation and exhalation, but it is not a BUY call..... yet.

In another word, Ponzi 1.0 is now under Algozen™ radar and crosshair, but is not yet time to pull the trigger.

Xuzen

P/s recall that RHB EMB was also under observation from Nov 2016 and only recently I fulled the trigger to participate in this UTF. Patience, my young padawan....

This post has been edited by xuzen: Mar 4 2017, 10:05 PM

Why must only choose one or the other? Why can only choose to eat either Briyani Rice or Dim Sum only? Why cannot have both at the same time?

Xuzen

This post has been edited by xuzen: Mar 5 2017, 01:47 PM

I think you miss out Indonesia. She will be a powerhouse worthy to be reckon with.....

Yes friend.

Hari ini dalam sejarah:

I "played" Ponzi 2.0 circa Feb 2015 to May 2016 (approx. 5 quarters period). I dump in by DCA around MYR 100K, and sold everything in May 2016 to switch to RHB AIF. I made a profit of six percent during the whole duration via the participation in Ponzi 2.0 UTF. Is it fantastic? Definitely no, if compared to higher risk UTF such as TA GTF or China only fund.

The three year annualized return for Ponzi 2.0 is 13.27% with a volatility of 10.54%. This means that the UTF in observation will still be considered normal behavior if she performs between 13.27 - 10.54 = 2.73% (worse case scenario) or 13.27 + 10.54 = 23.81% (best case scenario).

With a six percent return, the fund has deemed to perform "normally".

Xuzen

I detect a hint of far-leftist tendency in this Komrad!


Uncle Sam says Capitalism FTW! Do not fight Capitalism, you will lose!


For lack of a better word,

Greed is Good!

Xuzen

This post has been edited by xuzen: Mar 6 2017, 12:18 PM

Interesting comment. Would you mind to elaborate on the bolded statement? Thanks.

Xuzen

MYR 100K park in bonds pay MYR 400.00 per annum platform fee is equivalent to MYR 33.33 per month equivalent to SGD 10.00 per month.

For someone who has no qualms to take a trip to the Red Dot Island down south to open an account and to spend more than that per annum on transport, food and maybe lodgings, to kow-peh-kow-bu, is perplexing.

And I bet that same person max only put in MYR 10K in the bond = MYR 40.00 per annum = MYR 3.33 per month = SGD 1.00 per month only.

Sometimes hor penny wise pounds foolish.

Xuzen

One more thing one may not be aware is, as your fortune grow, you need to start thinking about distribution as well. You actually need to think if you demise suddenly, you will want your next-of-kin to be able to obtain your estate as fast as possible.

If you put your money here and there, is like, sorok here, sorok there, how will they know where to find your money? It is as good as becoming government's money. Why? Cause there is an Unclaimed Money Act (UMA) where is the account remains dormant and the beneficiaries remain untraceable, the money goes to our Jabatan Akauntan Negara.

If you consolidate your wealth in an easy to find manner, you save them a ton of trouble and hassle. Once I attended a Rockwill presentation and the speaker said those Malaysians think very action want to buy property in London lar, in Australia lar....

Wait till you die and your next of kin need to claim your property that time... then you baru tau the hassle. Think very funny hor, buy here, buy there....

Xuzen

One trip down = SGD 60.00 x 2 (to and fro) = SGD 120 x 3.35 = MYR 402.00. Not counting makan and minum. But for you special wan, you will buy Gardenia Sambal Bun x 2 plus one bot mineral water = MYR 5.00 for the whole trip wan!

BTW you put in MYR 100K in bond meh? You kena MYR 400.00 per annum meh?

Xuzen