Take into account your brokerage costs and forex.

Personally, my view is that, if u are already investing in Singapore and want to invest big in Reits, then it's better buying into the REITS directly, without using an ETF. You can check out the SGX Reits thread forum

TradePlus reits ETF to me is, if you are largely a Bursa investor, but want to diversify into Reits outside Malaysia, and you are not really investing big.

Dang, all my ChinaETF is in red now. Should I sell now and buy again when it's lower?

sounds like a plan. Just one question, do you know when is the bottom to buy back?

TradePlus DWA Malaysia Momentum Tracker

MY-MOMETF is built on the basis of the following benchmark construction:
1. Universe - Companies in the NASDAQ Malaysia Index (Companies with a minimum market capitalisation of
USD150 million and have a minimum 3-month average daily dollar trading volume of USD100,000). Each
security must has minimum average trading volume of USD1 million for the 30-day period prior to evaluation.
2. Selection - Each security is assigned a momentum score using the Dorsey Wright’s Relative Strength Point &
Figure Charting Methodology.Top 20 Securities with the highest momentum scores are added to the Index
and then weighted equally.
3. Quarterly Rebalancing - Rebalanced on a quarterly basis, on the last trading day of March, June, September
and December.



It's an interesting strategy that is in essence actively managed. The point and figure chart is used to identify stocks with strong momentums that can actually last the quarter which is why it is only rebalanced quarterly. The returns are quite good too.


Research report from BursaMarketplace:
 MY_MOMETF_20210217___Initiation_v4.pdf ( 923.72k ) Number of downloads: 10

The way I see it... so much volatility for the return, on top of Malaysian's meme market that goes sideway for nearly a decade, and all gains are from gorengs, painfully tiny AUM, a last reported turnover ratio of 0.9...

I wouldn't touch that with a 10 yard stick, I have way better places to be. But I might be wrong.

ETF share in Malaysia traded at low volume..
maybe those invest here want stable long term growth..

Also movement is too slow hence changes will only priced in 2days later

Anything less than usd10million not worth buying unless 0.3% ER or lower

Volatility is to be expected this is a technical analysis fund, high risk high return I guess. The point of this ETF is to outperform the market which it has successfully done. You're absolutely right that the gains are from gorengs, that's the point of this ETF to profit from heavy momentum, but money is money wherever it comes from. The AUM depends on whether people invest, keeping in mind the low visibility of ETF in Bursa not really uncommon. Turnover ratio is to be expected as they rebalance regularly based on momentum. They've achieved an annualized return of 20% with their strategy so not to be sniffed at.

Volume is irrelevant for ETF, that's why they have market makers, if you need to buy more just call and ask for more. Always check the IOPV on BursaMarketplace to ensure that you're buying and selling fair price though.

This is untrue as IOPV changes throughout the day. As for the ER is a good point, although worth noting that ER gets cheaper if the fund is bigger due to economies of scale.

But with small market cap and flow are trickles like pissing IOPV doesn’t really matter because the pricing will be delayed by NAV

Currently even with ER at 0.3% and market cap less than 10million with daily traffic flow of 8% still not efficient enough to see any movements hence no point wasting time buying it

Even the leveraged and inverse market in Malaysia the cap and flow still small for the returns to be seen

At best the pricing will be delayed by one day, today is the 26th March, the NAV for 25th is already on their website so I'm not sure how it is delayed by 2 days. I'd appreciate if you can elaborate if I'm missing something. The IOPV does matter because the bid and ask price by the market maker are adjusted throughout the day in accordance with the IOPV. If you're talking about seeing nothing on the charts it's important to note that you'll only see something on the chart if there is a trade but that doesn't mean the price isn't changing. When you want to buy or sell the market maker bid and ask is the most important not what's on the chart.

NAV was calculated based upon opening price of 24th hence delay when it posted on the 26th which is 2 days

That is why most of them would not disclose the daily holdings hence it is difficult for us to see movements with also bid and ask movements

The question is do they do any adjustments because without disclosing the holdings movements you only can track the cash movements

Why do they need to tell you the daily holdings? These are index trackers, any holdings change will be reflected in the index first before the fund, secondly most them do rebalancing at a regular interval such as quarterly, they also publish a report afterwards, so there should be no question as to the fund composition. As long as you're using ETF for what it's supposed to be used for (long term passive investing) I don't think there's any significant issue. I had a look at the NAV document and the price is only 1 day delayed, in the picture below it shows the price at the end (closing price not opening price) published at the end of the same day.

For those thinking of buying the MyETF US Titans 50 ETF on Bursa, please be aware that the valuation is in USD. If you want to buy, you have to convert your cash to USD via your stock broker or externally and then buy. If you want to do it with your broker, for HLeBroking users, conversion time is from 9.30 AM till 2.00 PM Monday to Friday.

Wow if that is the case that's just a really terrible ETF...

Depends on your perspective, if you're a local without too much funds to warrant a foreign brokerage account, this is still pretty convenient.

All ETF disclose their daily holdings. You can find it in Bursa website, at the announcement section of the particular ETF.

I don't really like this particular ETF. Bid and ask spread is very wide.

This post has been edited by Cubalagi: Apr 3 2021, 09:17 AM

Also you can check the ETF daily intra day INAV on bursa marketplace website.

https://www.bursamarketplace.com/mkt/themarket/etf

Look at the column called IOPV.. That's the INAV. The INAV changes intraday. Always check the INAV before u buy an ETF. Your buying price should only be slightly higher (say 2 ticks max) than the INAV, but sometimes u can also get a discount (which is good)

Note that 2 ETFs don't have the INAV on this site, the US ETF and the AM Bond ETF. The Bond ETF doesn't need INAV as bond prices move only once in a day, so it's OK just to look at NAV.

Some info on NAV vs iNAV.

https://www.morningstar.com/articles/919059...s-and-discounts

I remember one of the ETF, the Myetd DJ 25, some investor was trying to unload a big position of a few million, and seem desperate, selling much below iNAV The market maker quota for the day was probably full and I put a buy order at 5% discount to iNAV and still got hit.

After about a month,. The index went up 5%, and I exited with 10% gain.. (+5% index up, +5% discount).

This post has been edited by Cubalagi: Apr 3 2021, 01:08 PM

For those wondering the US ETF don't have iNAV cuz US market is closed during our trading hours. Therefore the previous day closing price sets the NAV and it doesn't change for our day. Definitely agree with your statement on the bid and ask spread, last I calculated it's a 2% premium. When I was reading the annual report it also stated that the parent company is trying to sell the manager so I'm not sure what sort of future it has.