Any idea the disposal of the HK ETF goes into which ETF?

Since they also mentioned that SG ETF is the other worst performer, will they remove that out too in coming month(s)?

MYR is so weak until my currency impact swing from negative region to positive.

Where you want to into upon withdrawing?

You can sell today.
USD touches 4.177X

Seriously?

Are you performing full withdrawal?

This post has been edited by GrumpyNooby: Feb 20 2020, 01:08 PM

My portfolio ROI is 3.x% only.

Compared to SAMY.

This post has been edited by GrumpyNooby: Feb 20 2020, 01:18 PM

For starter, you shouldn't compare it to FD.

FD is a saving while this myTHEO is an investment like buying mutual fund/unit trust.

When involving investment, nothing is guaranteed; being its capital nor the return.
One needs understand the underlying risk involved.

This post has been edited by GrumpyNooby: Feb 20 2020, 02:03 PM

DCA = dollar-cost averaging

In layman term, periodically you put X amount of money weekly/monthly or any predefined in-between duration

When you started to invest?
My ROI to-date is 3.X% as of yesterday.
My portfolio is opened for months.
How you get the monthly basis ROI figure?

This post has been edited by GrumpyNooby: Feb 21 2020, 09:04 AM

Full withdrawal?

Are you earning from portfolio gain?
Or just forex gain?

I understood your feeling too:

Fund Gains: -148.11
Currency Impact: 87.22
Total Gains: -60.89

Wow ... all the holdings are in RED now:

ISHARES MSCI AUSTRALIA (EWA) -3.70
ISHARES MSCI CANADA (EWC) -2.67
ISHARES MSCI JAPAN (EWJ) -14.20
ISHARES MSCI SINGAPORE (EWS) -5.12
ISHARES MSCI UNITED KINGDOM (EWU) -14.05
ISHARES MSCI FRONTIER 100 (FM) -2.45
ISHARES RUSSELL 2000 VALUE (IWN) -4.23
ISHARES RUSSELL MID-CAP VALUE (IWS) -12.30
VANGUARD VALUE (VTV) -13.71

The recent COVID-19 pandemic has taken the world by storm. Global markets have slumped due to fears that the pandemic may wipe out economic growth and move to recession.

It is important to remember that the market had strong growth over the past few years and it was due time for a correction. It is also critical to understand that while losses within investments are real and tangible, one should also remember that investments should be a long-term bet.

Withdrawing your investments at a critical time would essentially realize the losses made in markets in real time. Keep your investments where they are, allow us to search for value at an opportune time now when stocks and bonds are down. Investing more into the market may seem counter-intuitive, but it is the best you can do to ride out the volatility as you will be buying the market when it is cheap.

Above all, it would be best to remain calm and not to panic-sell. MYTHEO is well equipped to deal with such changes in the market and to help you manage your money well. While we are certainly experiencing a difficult time with the market cycle, history shows us that markets do recover in due course.

Wish to read MYTHEO’s February performance?
https://www.mytheo.my/mytheo/blog/58-perfor...w-february-2020

A Message from the CEO on the COVID-19 Pandemic

I hope this note finds you and your dear ones well, safe and healthy.

It is indeed a challenging time for us all. The impact of the coronavirus pandemic coupled with the crude oil crisis is being felt across the world. With the Movement Control Order (MCO) imposed and now extended by the Malaysian government, all our activities may come to a halt.

I take this opportunity in assuring you that we, at MYTHEO have a sound business continuity plan in place to continue serving you. Our fintech business model – a digital investment management service leverages on highly digitalised and automated workflows that seamlessly connects our front, middle and back office processes.

It is important to note that this is not the first nor would it be the last market dip we may face in our lifetime but a rather good opportunity to get your investment strategy in check. MYTHEO’s investment strategy adopts disciplined methodologies, with robust asset diversification (comprising of equities, bonds, treasury bills, gold/commodities, REITS), supported by portfolio rebalancing and optimization driven by smart innovation and complemented by a team of professional portfolio managers who are competent to do what is best for our clients.

It will not be wise for us to make hasty updates or to predict the market performance for our clients because the impact of the coronavirus on the economy and on the capabilities of companies have added so much uncertainties and volatilities to the market. Trading halts due to triggered circuit breakers seem to be the norm at this juncture. The number of new coronavirus cases globally is just as volatile. Governments across the globe are announcing stimulus packages that will continue to be finetuned and adapted as the situation unfolds.

That being said, to all MYTHEO investors, I have a humble request.

Fear and anxiety can overwhelm our rationale thinking. In response, as difficult as it may be, try not to listen to, read or watch too much news from the media and social groups – it can be rather depressing. Instead, make the best out of the precious time given to us during MCO to do things you’ve put off, such as learning something new, practicing healthy living, adopting clean eating and reconnecting with family and friends. Let us accept the fact that we have little control over this pandemic, but we can all be responsible and do our part to get through this together! Let us all be resolute, determined, disciplined and ride through this wave of uncertainties together.

In light of such challenging times, we would like to do our part in heartening your worries! We will be waiving 3 months of management fees for you, effective 1st April 2020. I would like to thank you for investing with MYTHEO. We continuously strive to encourage, enable and empower everyone to invest for a better tomorrow. Stay home, practice social distancing and take care of your health while MYTHEO takes care of your wealth!

Invest in a Moment with,
MYTHEO

Source: Mailer

This post has been edited by GrumpyNooby: Apr 1 2020, 09:35 PM

Financial markets around the world and MYTHEO portfolios were generally weaker in the month of March due to the rapid rise of COVID-19 infections globally, especially in North America and Europe.

To cushion a looming economic crisis, policymakers across all countries launched fiscal measures known as economic "bazookas". Economic experts including those from the International Monetary Fund (IMF) and the World Bank had already anticipated that a recession is all but certain. The global economy is expected to shrink starting from the first quarter of 2020 before getting worse in the second quarter of 2020. A recession may sound very scary but to experienced investors, the current cloudy outlook presents a rare opportunity to jump on further investments at a bargain price.

Our advice to all MYTHEO investors is to practice Dollar Cost Averaging because it is impossible to predict and time the ups and downs of the market. With our Regular Savings Plan, we will invest a regular amount for you every month. Sign up for this plan today, if you haven’t already!

March performance review: https://www.mytheo.my/mytheo/blog/60-perfor...view-march-2020

Source: Email

MyTheo changed its ETF allocation in April 2020:

They added:

ISHARES MSCI BRAZIL (EWZ)
ISHARES CHINA LARGE-CAP (FXI)
ISHARES RUSSELL 2000 VALUE (IWN)
INVESCO QQQ ETF (QQQ)
INVESCO S&P 500 PURE VALUE (RPV)

They removed:

ISHARES MSCI CANADA (EWC)

Recovery, slowly but surely...

Economic red flags were scattered across April 2020. The Bloomberg Recession indicator, which is the most widely followed indicator by investment professionals, showed that the probability of recession in the US within the next 12-months is 100% certain. The International Monetary Fund (IMF) forecasted that the current global economic downturn is much deeper than that of the financial crisis in 2008.

On a good note, all these negative news of bad economic data and dovish forecasts did little to stop the stock market from rallying. The S&P 500 went up by more than 30% since 23 March 2020.

Professionals are constantly trying to predict the market, and they usually fail. That is why passive investing has been growing in popularity over the past decade. This approach of investing in a basket of stocks/asset classes by buying ETFs is effective in avoiding the risks of both bad stock pickings and trying to outperform the market especially with such volatilities in the market.

Our advice to all MYTHEO investors is to practice Dollar Cost Averaging and not to let market volatility and negative news keep you from investing. Invest consistently by signing up for our Regular Savings Plan where we will invest a regular amount for you every month!

Wish to read MYTHEO’s April performance?
https://www.mytheo.my/mytheo/blog-app/61-pe...view-april-2020

Can say so but new Wahed unsure.