Not sure if this helps.

https://www.theedgemarkets.com/article/fund...country-manager

Crossposted from FSM MY thread, as our friend MUM suggested.

https://forum.lowyat.net/index.php?showtopi...ost&p=103660956

I don't see any such statements in that link. Maybe that's an ad? (I have an adblocker installed.)

dwRK knows. His charts tell him to chill and relax.

Say hello to Freddy (yesterday's paper by the way)

While I don't know much on how SA computes the fund expenses and net "projected returns", you cannot compare SA Simple directly with CMF2.

CMF2 are purely deposits with banks. The fund behind SA Simple is AmIncome Fund, and based on the latest fund fact sheet 60% of AMIncome Fund are held in corporate bonds.

One of their largest holdings is a subordinated medium term notes of one of the smallest (read "riskiest") bank in Malaysia.

https://www.aminvest.com/OurFunds/UnitTrust...et/AmIncome.pdf

Bonds (or notes) are different (slightly riskier) compared to bank deposits. Of course, both MMFs are not insured by PIDM, so the risk differs only very slightly and can easily be swamped by the fees charged. But taking away the fees, a reasonable market pricing would mean AMIncome gives you higher returns than CMF2 (for a greater risk taken).

This post has been edited by TOS: Mar 26 2022, 06:45 PM

lol the name "cash" is itself misleading. The undelying holdings are short-term bonds. Yields go up price goes down.

https://endowus.com/cash-smart

These "projected" returns are also misleading. They should be read as "expected" returns with low standard deviations.

Author's view. Feel free to disagree.

Guess what, by the time you return, a few months later it starts tumbling again, then you pull out again.

That's what has been observed in the industry. All too often it's when returns start to bottom out that people pull funds away, and it's precisely when funds performance almost peak that people pile more cash in.

Singapore Treasury Bills.

I remember there is an SA Singapore thread but can't find it... Anyway...



This post has been edited by TOS: Dec 22 2022, 11:39 AM

Excellent piece of write-up from FT Weekend 311222-010123:



Cross-posted with other popular asset management-related threads e.g. FSM.

Does this apply to IBKR as well? I haven't heard anything from IBKR regarding this.

Bloomberg: China ETFs Join Cathie Wood’s as Biggest Wealth Destroyers in US

KWEB’s assets are almost $5 billion less than net inflows
Long-term track record underscores risks in Chinese stocks

https://www.bloomberg.com/news/articles/202...estroyers-in-us

lol they cut so much manpower until no one in the customer service department can pick up the phone lines on a corporate retreat

Red flag lol