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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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Ramjade
post Sep 26 2017, 08:37 PM

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QUOTE(David83 @ Sep 26 2017, 08:09 PM)
My portfolio is bleeding! cry.gif

KLCI dropped for 6 days straight!
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Foreign investors pull quite a lot of money
http://www.theedgemarkets.com/article/fore...s-midf-research
Ramjade
post Sep 26 2017, 11:40 PM

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QUOTE(em0kia @ Sep 26 2017, 11:22 PM)
Guys, any of you know any Singapore forums that have FSM SG thread, and as active as our thread there?

I have gained a lot of knowledge from this thread, and now as I will be working in SG soon, I am thinking of investing via FSM SG.

I dont plan to use SG to invest in FSM MY, partly because MYR is so volatile now and I am afraid it might continue to drop.
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I am sorry. SGrean prefer ETF (because they have access to it). No one talks about funds in their forum. If you really want,
https://forum.lowyat.net/topic/3757612
-I am afraid only 2-3 active people there (I am one of them) only. yawn.gif yawn.gif
You are welcome to join us there and make the thread more active rclxm9.gif rclxm9.gif

This is one of the true SG forum (like our Lowyat forum)
http://forums.hardwarezone.com.sg/stocks-shares-indices-92/
- Again like I said, they hardly talk about unit trust. doh.gif doh.gif

QUOTE(Avangelice @ Sep 26 2017, 11:24 PM)
if you know how to read mandarin cariforum even better dasecret has the link. most fsm staffs are there anyways
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Er he's asking about thread/forum which discuss SG UT. I don't think cari got. Cari is also FSM MY but in Chinese.

This post has been edited by Ramjade: Sep 26 2017, 11:44 PM
Ramjade
post Sep 27 2017, 01:19 AM

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QUOTE(2387581 @ Sep 27 2017, 12:55 AM)
Today everything red, so I log in FSM and see...port dropped like 3%  doh.gif
Actually he specifically asked for FSM SG discussion thread;
and Dr Avangelice also mentioned that the Cari forum is in Chinese (Mandarin).
I don't know what are you reading bro  whistling.gif

I believe Bursa Malaysia have their own ETF as well...but it is on a share trading platform, not available on FSM, and I don't have experience with it so can't comment..
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He is asking for any SG FORUM which discuss about SG UT. I am just sharing what I know/experienced (searched it myself and couldn't find anything). I believed Cari is also about FSM MY as I never heard of FSM SG over there. Correct me if I am wrong.
QUOTE
Guys, any of you know any Singapore forums that have FSM SG thread, and as active as our thread there?


So I think I read correctly.

Er, what I meant is highly functional ETF. Our ETF is a joke as there's no liquidity compare to their SPDR STI ETF. They do have acess to ETF like S&P500, etc. Not to mentioned robo investors.

Well can't help it if we are restricted to foreign ETF.
QUOTE
That is because there are restrictions on buying foreign-listed ETFs in both countries.

https://blog.smartly.sg/2016/12/13/giving-a...to-global-etfs/
Ramjade
post Sep 27 2017, 08:44 PM

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QUOTE(Avangelice @ Sep 27 2017, 03:55 PM)
mana Ramjade. where is your correction top up?
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QUOTE(xuzen @ Sep 27 2017, 04:09 PM)
He is waiting for the big one. When some alien from a galaxy far far away comes to invade earth, then he will
invest....
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QUOTE(Ancient-XinG- @ Sep 27 2017, 04:11 PM)
ouch.
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I lari over to FSM SG thread already. Who want to find me, can find me there. tongue.gif Who wants to join me? biggrin.gif biggrin.gif will nibble little bit cause it's SGD when small correction. Dump in big when major correction. Lai. Lai. I am prepared.


Ramjade
post Sep 27 2017, 10:42 PM

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QUOTE(Avangelice @ Sep 27 2017, 10:29 PM)
lol even worst. your..... (work pay?) convert to Singapore and portion of it goes to currency exchange then part of it goes to service charge.

well your way. your dole.
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Er I think you weren't paying attention to what I wrote earlier. SG UT is 0% service charge, 0% platform fees, 0% switching fees (depending on what platform you use)

So example if I were to put in SGD1000, the full SGD1000 will be invested. biggrin.gif Have I found the fund which give same/higher return with same volatility as Malaysia? You betcha. That's why I said a 15% return in Malaysia is not the same with 15% return in SG.

The only think I will lose
- Bank's TT (min 1% of my total transfer value)
- But as I said, I found a way around the bank's charges as fintech truly is awesome. Moneymatch gives same/better return than what money changers give. Best part of all, all can be done via online rclxms.gif rclxms.gif

So what do I lose? No bank charges, no service charge, no platform fees, same or higher returns as Malaysia.

So want to join me or not? No need to set foot in SG at all. You can do it all from Kuching. cool2.gif cool2.gif The door is still open until SG govt close the door sad.gif Don't say I bo-jio. tongue.gif tongue.gif



This post has been edited by Ramjade: Sep 27 2017, 10:48 PM
Ramjade
post Sep 28 2017, 12:18 AM

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QUOTE(em0kia @ Sep 27 2017, 11:59 PM)
Justnow I remember someone saying better avoid FSM SG, I guess it has been taken off or edited now.

Anyway, my dilemma now is actually whether to keep my savings in SGD and invest there or convert it to MYR and top up my FSM MY fund.

If FSM SG is not a preferred choice to park my SG savings, then what should i do? Where should i invest in? Now that I have SGD, I am afraid to convert it to the volatile MYR.  bangwall.gif
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I already reply you in FSM SG thread. Go take a look.
Ramjade
post Sep 28 2017, 08:32 AM

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MUM
QUOTE(aoisky @ Sep 28 2017, 08:04 AM)
That is interesting Bro Ram, please share some info procedure.
PM link

TQ
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I reply you both in FSM SG thread. Nanti post here, org report la/org mengamuk whistling.gif whistling.gif
Ramjade
post Sep 28 2017, 12:20 PM

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QUOTE(Avangelice @ Sep 28 2017, 11:55 AM)
People running to yen and gold now with the impending war and uncertainty
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Not necessary. In peace time, japan small caps are one of the best performance in the developed world too. whistling.gif whistling.gif

This post has been edited by Ramjade: Sep 28 2017, 12:20 PM
Ramjade
post Sep 28 2017, 12:46 PM

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QUOTE(Avangelice @ Sep 28 2017, 12:32 PM)
your statement doesn't do anything to the discussion. people asking why suddenly up during a correction and why yen is a refuge for investors,  you talk about small caps during peace time.
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You are saying people flock to Japan when got "trouble" hence the fund perform very well. I beg to differ.

I have been tracking japan small caps for months (since before trump) and what I saw is during normal times, japan small cap performance is quite good.

It all started from a bloomberg article commenting on japan small cap. If not for this article, I would have skip japan altogether.

This post has been edited by Ramjade: Sep 28 2017, 01:16 PM
Ramjade
post Sep 28 2017, 03:42 PM

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QUOTE(wankongyew @ Sep 28 2017, 03:29 PM)
But Japan is right next to Korea! Weird that people think of it as a safe haven at a time like this. Why not Europe or something?
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As mentioned to Avengelice, Japan stocks speciafally small caps are able to perform both in good and bad time (they outbeat Nikkei index for few years already and when Nikkei drop, they don't drop. ).
https://www.reuters.com/article/japan-stock...s-idUSL4N1L32YK

But why is this still a "safe heaven"?
QUOTE
The explanation for the yen’s attractiveness appears to be a combination of factors, chief among them the size of Japan’s foreign assets. They trump proximity to Pyongyang in the eyes of investors because, at times of tension, funds may be repatriated. That in turn would spur currency gains.

Japan’s net foreign asset position is “very, very significant,” according to Mitul Kotecha, head of Asia FX & Rates Strategy at Barclays Plc. The yen is therefore “always going to have this safe-haven bid when you do see bouts of risk aversion,”

The yen’s proven historical performance at times of global risk may also be a factor. It’s even displayed a tendency to strengthen at times of internal crisis.

Meanwhile, the yen’s use as a funding currency is the key for Marc Chandler, global head of currency strategy at Brown Brothers Harriman & Co. in New York. In this type of trade, investors typically borrow in a low-yielding currency, sell it and use the proceeds to buy higher-yielding assets. Geopolitical tension can encourage them to unwind their trades, and this involves buying the funding currency.

https://www.bloomberg.com/news/articles/201...et-passes-japan

This post has been edited by Ramjade: Sep 28 2017, 03:44 PM
Ramjade
post Sep 28 2017, 03:42 PM

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-double post-

This post has been edited by Ramjade: Sep 28 2017, 03:43 PM
Ramjade
post Sep 28 2017, 07:51 PM

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QUOTE(Avangelice @ Sep 28 2017, 04:42 PM)
last years 2016 Asian bond rout will happens again after trump announced a tax cut.

now to jump into global tech and let go of Malaysia
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If he can get it done. Obamacare also cannot remove.
Ramjade
post Sep 28 2017, 11:12 PM

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QUOTE(spiderman17 @ Sep 28 2017, 11:02 PM)
Why would a US tax cut cause Asian bond rout? Care to share your thoughts?
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US econony expand at faster pace (since tax cut = more money to company which can be used to pay more bonus to worker/dividend to investors which cause more people to spend which improves the economy further).

Now economy cannot increase too fast or else will be "overheated" hence feds will have to increase interest to keep the economy in check (like pressing brake). Say original no of hikes is 3x/year. But because economy is good, no of hike become say 6x.

When interest hike happens, US deposit become much appealing vs bonds. (Eg 3% FD in US bank vs 3% bond coupon, which one will you choose? I will choose FD as it's much safer than bond). Hence when hike increase, bond price will drop to give investor higher yield (remember when price drop, bond yield increases and vice versa)

So if US FDs suddenly more attractive, you holding malaysian FD at 3%, will you want 3% in RM or 3% in USD? This will cause major exodus of money from asia rclxms.gif rclxms.gif

Let's not forget that bond coupons are fixed. Reits rental are not. So if economy is good, reits can increase rental to offset higher interest rates but not bonds.

All this are theoretical. First step is can Trump walk the talk? If he can walk the talk, expect US to become very very red. biggrin.gif biggrin.gif

Second thing, US is still flushed with money, will the extra money helps? hmm.gif hmm.gif

This post has been edited by Ramjade: Sep 28 2017, 11:18 PM
Ramjade
post Sep 29 2017, 07:27 AM

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QUOTE(estherkon @ Sep 29 2017, 06:37 AM)
Bearing in mind I don't know much about the inner workings of the economy, won't Malaysia increase interest rate in tandem?

As someone living in the US, I find it fascinating that the US economy is followed so closely in Malaysia.
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Theoretically they should follow. But because too many malaysians have debts, they cannot increase interest rate. This was discussed in detail some where.

If they increase interest, many people may suddely go bankrupt as they are living pay cheque to pay cheque which will be disastrous to the economy (more Malaysians are becoming bankrupt every year).

If they don't increase, expect RM to slide vs the USD. What choice do BNM have? Put the economy into a recession or accept a weaker RM? That's why you see malaysian reits movement practically don't follow the global trend (you can read this under the m-reits thread) as people know BNM is stuck between a rock and a hard place
Ramjade
post Oct 2 2017, 09:49 AM

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QUOTE(Jinglexo @ Oct 2 2017, 09:36 AM)
Dear sifus , I'm new to this fsm.

Currently have about rm1k to invest in this stuff. How do I start to minimise sales charge and which fund to buy in view our current economic climate?

So far eyeing ponzi 2.0 and kenanga growth fund this two only. Is it wise to start with 500 -500 each? Or there is minimal investment required?
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There are only 3 ways to minimize it
1) buy during new member promo period (valid for 30 days only)
2) hit RM50k worth of amount that you park with FSM (you will get 0.25% discount)
3) wait for FSM promo (few times a year but sometimes one should just buy rather than wait)

QUOTE(dasecret @ Oct 2 2017, 09:47 AM)
The 0.5% portfolio management fee is per annum, so if you keep it for 10 years it'll be 5% accumulated, similar to the platform fees of 0.05% per quarter or 0.2% per annum for certain FI funds. Some ppl are allergic to this type of charges  yawn.gif

Anyway, it depends on what type of investor you are in order to decide which type of product suits you. In the past month I think all those who invested in managed portfolio will tell you that the managed portfolio fell in lesser % than their DIY portfolio
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Speaking of this fees, written by one of top SG financial blogger
AUM Fees vs Commission Sales Charges – Which is Cheaper?

For those who are interested.

This post has been edited by Ramjade: Oct 2 2017, 09:57 AM
Ramjade
post Oct 2 2017, 10:33 AM

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QUOTE(dasecret @ Oct 2 2017, 10:13 AM)
That's why I don't get what are you doing in UT, UT is the worst vehicle you can use if you are allergic to fees

There are lots of more cost effective vehicles out there since time and effort is not an issue for you
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Sis/Auntie, I am just sharing info (come and tembak me already doh.gif ) I didn't say anything also whistling.gif

Sometimes you need to pay for things which am unavoidable. When you gotta pay, you gotta pay. I don't mind paying the fund manager if it can beat the etf which tracks index consistently.

I won't harp anymore about platforms fees as I believed people here and me are tired of hearing saying the same old story. So that's thats. End of story/discussion.

This post has been edited by Ramjade: Oct 2 2017, 10:34 AM
Ramjade
post Oct 2 2017, 03:24 PM

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QUOTE(frankzane @ Oct 2 2017, 01:48 PM)
Could someone please recommend me a REIT fund? Those listed in FSM page may not as 'real-life'!
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All UT are not real-life. If you want real life, the only one is ETF. It's real time. The price changes every second. If you really want,
- Nikko Asia ex Japan REIT ETF
- Phillip SGX APAC Dividend Leaders REIT ETF

These are among ETF reit listed on SGX. But there's a catch. 17% with holding tax.

QUOTE(Avangelice @ Oct 2 2017, 01:59 PM)
Manulife reit. it covers Asia ex Japan but in retrospect its major investment is Singapore Reits. proceed with coution
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SG reits but as mentioned previously have properties which are overseas (depending on the reits). A few examples:
1) Frasers logistics - A pure Australian reit but listed in SG in SGD
2) Manulife US reit - A pure US reit but listed in SG in USD
3) Ireit global - A pure EU reit eit but listed in SG in SGD
4) Lippo malls - A pure indon reit but listed in SG in SGD
5) Mapletree Greater China - HK + china region reit but listed in SG in SGD

The above example shows that these reits are more influenced by their respective country rather than SG alone.

These are some examples off the top of my head.

However, majority of manulife holdings are S-reits which own SG property so you are half correct here. tongue.gif biggrin.gif

This post has been edited by Ramjade: Oct 2 2017, 03:28 PM
Ramjade
post Oct 4 2017, 01:53 PM

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QUOTE(frankzane @ Oct 4 2017, 01:48 PM)
Thanks but we don't have these in FSM, do we?
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No. This is because of some "regulations" impose by our govt to limit us to buying foreign ETF in Malaysia. The only way to get access to those reit ETF is open a brokerage account in SG/US and buy directly. If buy from Malaysia, higher commission + dividend fees + possible maintenance fee.

This post has been edited by Ramjade: Oct 4 2017, 01:55 PM
Ramjade
post Oct 4 2017, 02:06 PM

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QUOTE(frankzane @ Oct 4 2017, 02:00 PM)
I see...too bad then. Not thinking of opening a brokerage account in SG. Was thinking to purchase from FSM Malaysia tho.
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FSM malaysia can't offer this kind of stuff as mentioned malaysian regulation limit our exposure to foreign ETF.
Ramjade
post Oct 5 2017, 03:14 PM

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QUOTE(xuzen @ Oct 5 2017, 03:00 PM)
Did a some tweaking with Algozen™ ver four recently.

Here are some salient points:

1) She is now in favour of Greater China and I used eastspring dinasti as the proxy for greater china exposure. If you like CIMB Greater China pun boleh jugak. 10% max exposure.

2) India is still a no - go. Zero exposure.

3) KGF versus IDS? Siapa menang? IDS menang @ max allocation = 15%

4) Reduce bond in favour of equities. What does this means? My personal interpretation is that you want higher return, you just have to take accept the  risk... the days of easy return with little risk is not there anymore. Initially my bond was at 40%, now I am reducing to 30%. Where does the 10% go to? To the reits.

5) I am increasing my exposure to Manureits. Why? I believe the Algozen™ ver four is telling me, reits is the new bond. Of course it is not as stable as bond, but remember this, she has to balance between stability and return. Hence reits is a good balance between the two. Manureits = will increase exposure to 25% from previously 15%.

6) TA Tech is still my alpha - maker. Was at 30%, now reduce to 20%. Where will the 10% go? It will go to Greater China.

7) Europe = still no buy signal!

8) Ponzi 1? Not under Algozen™ ver four radar. Risk to reward ratio does not reach threshold benchmark.

9) Ponzi 2? No corr-coeff data available from Morningstar. Missing data = unable to perform calculation, hence will omit this UTF from port consideration.

Xuzen

P/s to the newbies, the above is an extension to my previous crystal - ball reading. If you feel lost and blur - blur about it, it is normal. Ask specific questions and I will try my best to answer you with specific answers. Broad general questions, I try to avoid coz' wasting time.
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Welcome to my world (reits). thumbup.gif

Eh, your RHB AIF not mentioned. hmm.gif

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