Why is KGF dropping when the KLCI is not dropping?

The logical explanation was perhaps the time you started was the bull market time (aka good market time).

There's a saying that goes, "Millionaires are made by good decisions in bad market times."

Really hope so, lumsum too much end of 2017, will take longer recovery.

It's been down down down past few months.

DCA... hope I'll be thankful for you someday...

I wish to add to this complete this quote, " ... and the best time to sell is when you need the money. "

Xuzen

Anyone here using FSM Managed Portfolios?

How's the return so far and how long have you used them?

Bond funds have the following characteristics:

1) it has low correlation with equity fund. Take a look at the chart centre at fundsupermart. Lets just look at Malaysian funds to ignore the exchange rate noise for simplification sake. Compare several Malaysian bond funds (libra anista bond, etc) to pure Malaysian equity fund  (eg kgf etc). what is the performance of bond funds compared with equity funds?

2) Even if the bond funds drop the decrease is less than equity funds. Again lets look at some Malaysian bond funds eg Amb enhanced bond trust fund but if one compares with eg KGF what can one observe?
Guven these two characteristics, which investor is suited for bond funds?

Lets take two example, investor A who knows that in a few days time he has to pay his kids college fees. Should he sell his equity funds now and realised his losses? Wouldn't it be more prudent if he sell off his low risk bond funds while waiting for the market to recover?

Lets take another example, investor B who is 80 years old. He doesn't have any salary and he can't really predict his expenses. He knows that there will be a lot of emergency spending on medical, repairs etc. He also knows he may have 1-3 years left and doesnt want to burden his kids who are under debts and have their own family to support.  Is equity funds really appopriate for him?

Investor C used low risk bond funds as a rebalancing tool. Once a year, he will reassess his porfolio. When stock market increase and is over the boundary say 10-15% of the assest allocations, he will sell some equity funds and put it in low risk bond funds. The converse  is also applicable, when the stock market decrease like it is now. He will sell bond funds and buy his equity funds. He is applying the principle of buying low and selling high.

So there are uses for low risk bond funds. Don't blindly follow Buffet's advice because people like him, JhoLow are super wealthy. Millions are nothing to them. These principles may not apply to them.

As an aside not all bond funds are low risk. For example, foreign bond funds have higher risk due to exchange rate risk. There is also money market funds which has lower risk than bond funds.

FB drop 18%....

if not mistaken, ta tech major holding fb...

sell off and drop price incoming?

most of the fund fly high.

let's hope this is the end of correction year.

god bless.

Ponzi 2 is declaring distribution:

CIMB-Principal Asia Pacific Dynamic Income Fund - MYR
Gross Income Distribution Rate (per unit): MYR 0.0006 per unit
Ex Date: Mar 27, 2019

FSM SG can buy stocks US, SG and HK. If Malaysia can It will be so good

The World's Worst Major Stock Market Is Really, Really Boring

The benchmark FTSE Bursa Malaysia KLCI Index is down 14 percent from a record in May 2018 and it’s the worst major market in the world so far this year, having slipped 3.5 percent. That’s even amid a rally in global equities spurred by the Federal Reserve’s dovish pivot and a potential trade deal between the U.S. and China. The gloomy outlook for Malaysian stocks isn’t likely to end anytime soon, says Samsung Asset Management Co.

URL: https://www.bloomberg.com/news/articles/201...nd=premium-asia

OUCH!

CN and AAXJ market started to tank. For the past few weeks.

After 4 yrs investing in UT thru FSM, I can say that it's not easy to get decent return, even to beat epf return itself 😅

maybe/most probably because of this.....    

RAM Ratings has downgraded the rating of Bright Focus Berhad’s RM1.35 bil Sukuk Musharakah (2014/2031) to BB1 from A1.
Concurrently, the rating has been put on Rating Watch, with a negative outlook.
The downgrade is premised on the severe impairment in Bright Focus’ debt-servicing metrics following further unanticipated advances by its 96.8%-held subsidiary – Maju Expressway Sdn Bhd (MESB or the Company) – to the ultimate parent company (Maju Holdings Sdn Bhd), in addition to a deterioration in MESB’s projected annual cashflow.

Bright Focus’ sukuk rating downgraded to BB1 and put on negative Rating Watch
Published on 03 Jun 2019.
https://www.ram.com.my/pressrelease/?prviewid=4986

Kidsave has about 14% of it

Noted with thanks. Much appreciate the insights.

Thanks a lot, very informative!!