Hi what are the tradeable instruments related to the KLCI? I've listed the ones below

1) All the underlying stocks making up KLCI
2) FKLI
3) OKLI
4) ETF: FBMKLCI-EA 0820EA

Anything else?

Other than the high fee.. The one problem I think is the KLCI index itself. Just a few large caps dominate the index. The top 4 companies: Public bank, Tenaga, Maybank, Cimb n Petchem comprise 46% of the index. It's not hard to replicate the klci performance if u hold just some of these large caps without having to pay any fee at all. Esp true for institutional investors.

The other biggest problem is that the ETF is too small. AUM is only abt RM2. 7m. As a result MER is a high of 1.14%, which is close to an active fund, impacting tracking performance. In 2018, KLCI was down 2.98%, but the ETF was down 4.44%. This is the result of high MER n poor market making.

This also mean the manager, Aminvest, is not making money which means they don't care about it. So u can see the poor market making.

So, I will avoid this ETF by Aminvest.

However, I do hold their 0800EA Abfmy ETF for access to Malaysian MGS. That's RM1. 7 billion AUM, 0.1% management fee n MER of 0.17%. Reasonable. I also hold the Affin Gold n China etfs.

Checkout the FBMKLCI index factsheet

https://www.ftserussell.com/products/indices/bursa-malaysia

On the China etf, I'm currently flat with just 1+% return. The ETF was only launched early this year., so I only started buying this year and continue to do so even with the trade war thing. The good thing abt this etf is that it has the China companies listed in US and in HK combined. So u get Baba n Tencent in one name.