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 Malaysia ETF, FBMKLCI

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SUSxander83
post Jan 31 2021, 09:06 AM

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QUOTE(kelvinfixx @ Jan 31 2021, 08:49 AM)
It is better to buy ETF at bursa or through Robo-advisor like Wahed. I am looking for no management fees the better.
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It depends both are on different class itself like comparing Apple with Samsung

Management fees is unavoidable just look for lowest fees versus highest returns in order for you to maximise gains rclxms.gif
SUSxander83
post Mar 25 2021, 09:43 AM

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QUOTE(fms21 @ Mar 25 2021, 09:21 AM)
ETF share in Malaysia traded at low volume..
maybe those invest here want stable long term growth..
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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
SUSxander83
post Mar 25 2021, 01:25 PM

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QUOTE(jojojoget @ Mar 25 2021, 01:13 PM)
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.
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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
SUSxander83
post Mar 26 2021, 03:43 PM

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QUOTE(jojojoget @ Mar 26 2021, 03:32 PM)
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.
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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
SUSxander83
post Aug 5 2021, 05:53 AM

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QUOTE(danmooncake @ Aug 5 2021, 05:40 AM)
New low every week.  hmm.gif
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Thanks to our poo 💩 PM8 rclxms.gif
SUSxander83
post Aug 6 2021, 03:28 AM

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QUOTE(Cubalagi @ Aug 5 2021, 04:31 PM)
0830EA = 280% return since launch (November 2019).
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Better off buying direct FANG as you would have quadruple or more including the splits which the ETFs has diluted the value doh.gif
SUSxander83
post Aug 7 2021, 07:55 PM

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QUOTE(SQR @ Aug 7 2021, 10:47 AM)
Oh. It gets diluted? I thought the ETF buys into futures, which to track 2x the stock price / performance.
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More into options than futures because faster liquidity

2x because it is leverage or margin of the stock price movement vice Versa for inversely for opposite directions
SUSxander83
post Aug 15 2021, 05:19 PM

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QUOTE(SQR @ Aug 15 2021, 09:49 AM)
Does this mean that they may not be investing based on what is mentioned in the Prospectus? Cause I noticed that they categorise these L&I ETFs as futures-based ETFs.
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Most likely options with futures contracts pegged into it

Means they are buying and selling calls and put options with an expiry date

 

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