Just bought into United Japan wholesale fund. Topped up Ponzi 2, CIMB China and Manu India.

Portfolio now consists of:
United Japan
Ponzi 2.0
CIMB china
IDS
Manu India

Would need to do some rebalancing when I have more bullets 😅 ideally I would want Japan 15%, Ponzi 2 30%, China 15%, IDS 30%, India 20%

Action is better than excitement !

Everyone else going in Japan?

Don’t think so. I went in for diversification purpose (to cover for developed nation and I ditched Titans some time ago). It is only 3.5 in FSM ratings I think. Better potential in Asia pac and China

Eastspring Investments Japan Dynamic MY Fund - MYR Hedged is the 5th rank fund in terms of volume for last week and the month.

This post has been edited by puchongite: Nov 13 2017, 01:45 PM

All the funds I bought seeing red today

that is good timing, buy low sell high

back to work today and fsm page loads fine on my pc, on unifi
buy buy buy...oops missed 3pm cutoff

Why would you want to do that? Transferring from one equity fund to another equity fund? From a fund with better returns to another fund with lesser returns?

Do you meant to say that the better fund, which could be different from the other fund in terms of region or other categories, will be giving lower returns/performance than the other fund? This is the reason behind the 're-balancing'?

If it is based on the assumption that the latter fund will have a better performance, why buy 2 different funds in the first place? Since we already assumed and speculated that one fund will have better returns, why not be brave and make the decision accordingly and have only the better fund?

Why so timid to transfer only 5% and let the other 95% face the downfall?

For clarity, I would say that you are following a sort of Value Averaging strategy in your purchases.

Re-balancing is for older retired folks who no longer put in fresh money into their matured portfolio. They re-balance the portfolio's equity/bond ratio so that the ratio is back in line with their expected or perceived risk that they (and their weaker and older hearts) can bear in event of any sharp fall in the market(s).

buy buy buy

good opportunity

will you guys busy switching those +ve profit fund to -ve fund?
wont regret / any idea to see is time to switch fund?

how often doing so?

post 9919, seems like the post for your post.

So what would you do if you are faced with the situation when some funds keep increasing in % faster than other funds ?

If you don't do anything, you will eventually ended up with a less evenly diversified portfolio.

For example, if China/North Asia Pac is performing, initially it has 20%, after some years, maybe you will end up with China/North Asia Pac having 60% while other regions/countries will ended up with 5% or less.

while waiting for his responses....
maybe the point is here?
"Re-balancing is for older retired folks who no longer put in fresh money into their matured portfolio. They re-balance the portfolio's equity/bond ratio so that the ratio is back in line with their expected or perceived risk that they (and their weaker and older hearts) can bear in event of any sharp fall in the market(s)."

but, then, for those that have money to top up regularly, will need to just top up regardless of the current status of the performing funds in relation to the allocation % in the portfolio......for if top up on the funds with that has grown less %, then it would be something contracting to

"........Why would you want to do that? Transferring from one equity fund to another equity fund? From a fund with better returns to another fund with lesser returns?

Do you meant to say that the better fund, which could be different from the other fund in terms of region or other categories, will be giving lower returns/performance than the other fund?"

This post has been edited by MUM: Nov 13 2017, 05:20 PM

It depends on who you are... 3rd stage with matured portfolio or 1st stage which is the accumulation stage.

At the accumulation stage, as pointed by voyage23, you buy more of the other funds, while letting the fund grows on its own. The main objective (always remember the investment objective) is to have growth. And more importantly, compounded growth. If the growth is always trimmed, there will be no compounding.

You could also be buying more of the same fund... especially when the investment strategy is DCA. In VA, you buy more when it dips.

At the 3rd stage, it is as explained. The nest egg is already reached. Don't have to take the risk, and should trim back. At this stage conservative returns (for passive income either from income distribution or by selling some units) has a higher priority than having growth.

If you are between these 2 stages, then it is up to us to value how far we want to chase performance growth, how greedy we want to be, how many years left for us to remedy and correct any shortfalls... etc. etc. Only we ourselves can truly knows what is the right balance that we should have.


===========

To youngsters,

Take the risk when you are young, while you still have the time to take the risk. Take the risk for future growth.

When you are still in the accumulation stage of adding and investing more money into the portfolio (of several funds or a single fund), you can ride out any fall by investing further. Since it is a good fund, and you still have faith in it.

As said a previous post many moons ago, by making regular purchases, it is a 'diversifying' strategy in itself even if the portfolio is a single fund. By making regular purchases, you have had diversified the purchases by entering at various points.

Go for growth!

The only speed bump you could encounter is when you suddenly lost you job and no longer 'rich enough' to invest more.



This post has been edited by j.passing.by: Nov 13 2017, 05:50 PM

Ponzi 2 drop 1.24%, but Ponzi PRS only 0.28%.... So income distribution is around 0.9%

Can i purchase CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity once my FSM account is activated before submitting my PPA form to FSM? (Need to send them original copy)

Transaction date will be after they received your form

Thanks for the clarification

Hold a sec here... it looks like you have a different interpretation of what I was saying. There is no contradiction.

I was on "transferring' as in restructuring or balancing the portfolio by moving from one equtiy fund to another.

By "top up", this is making a new purchase. 2 different stories. 2 different methods in readjusting the portfolio.

In the latter method of making new purchases, there is no trimming of profits. Hope this is clear by now.

We do asset allocatiion of having 2 or more funds in the portfolio because the selected funds are all having similar growth potentials. If they have similar risks, we would more or less have them in equal portions. And we adjust the portions if we perceived that their risks is not similar to each other.

Usually, the allocation is higher on the more conservative fund with lesser risk. Higher risk, smaller portion. And if the funds are in different regions, like Greater China and Asean regions, or different categories, like large cap dividend fund and small-cap fund, their growth cycles won't be in tandem to each other.

If the investment strategy is sort of VA method, then we sort of make new purchases or in other words, top up the funds that are in the slower growth cycle.

Thus in a long term investment, the portfolio is not likely to go lopsided in a big way very quickly.

If it does, then it is because you have purposely go very heavily into an agressive fund - like almost sailang into the fund. And this usually happens when the investment is short term.

Then of course, you better take profit. Take the money and run!

You make the bet and you wins. What are you waiting for? Did the objective change to a longer term objective and now you are more greedy and want more?



============

Above is the reason why I advocate only one fund if you are a newbie. Begin with just one fund. keep it simple.

Get the fund that you think will have the greatest potential in the long term, and invest in it whenever you are feeling rich and have the spareinvestment money to spend.

Throw out of the window, the above diversification nonsense of which fund to top up.