Anybody went to the unit trust fair? How was it? Good?

Anyone if know what fund can lump sum, please tell

This post has been edited by JeffreyYap: Jan 15 2012, 08:33 PM

No one knows bro.. To be safe, you can do lump sum on bond fund or wait for world economy crisis like in 2008, then buy the equities funds.

Hmm bond fund less risk but the interest MAYBE still higher than FD right. Can you suggest Public Mutual which fund?

the fundsupermart fair is promoting china equity fund. Any forumer has comment on the view? is it sensional to invest HK, Taiwan n china equity fund?

Good bond funds from PM are still closed.

PM is overrated. Winner for MYR Bond fund for recent years have been AmDynamic Bond, delivering annualised returns of 9-10% CONSISTENTLY, and best of all, it's available thru FSM, at 0% service charge

Yes and No. Yes for china growth engine is still growing, and no because no good local fund managers can manage Chian investment well, so far.

Under am bank? No service charge? O,O.. UT?

don forget the 1% redemption (exit) fee too

Bond fund is not foolproof or must 100% safeguard your money.
You need to know the bond fund risk appetite, different bond fund invested in different type of bond.
Some more into higher quality bond, with less return,
some more into lower quality one, but can get better yield.

And low quality bonds are subjected to high risk of default.
Once defaulted, bond fund can lose money as well.

No doubt China has an enviable growth all these while, but not their stock markets for the last two years.

I know, but what's 1% exit fee compared to consistent 9-10% p.a. returns over past 5 years?

This post has been edited by Pink Spider: Jan 16 2012, 11:39 AM

Dang.. U sure it's CAGR 9%pa to 10%pa consistently for the past 5 and more years (after minusing the 1% mgt fee + 0.05% trustee fee)?
Can advise where can i get the stats? danke danke
Nice for my "severe emergency funds" - ie. not for holding ammunition while waiting for value or trend buying of Equities.

AmDynamic has been steadily reducing the risk factor of it's bond fund for the past 2 years which is a good move. They have got rid of most BBB and A grade bond and loaded up more on AA and AAA bonds. So there risk and also the earnings will be lower now and should not match 9%-10%, which is an exception during the 2008-2010 period.

Anyway the fund has a good performance with 3 year & 5 year annualized return (minus all fees) of 10.16% and 8.24% p.a. This does not include the 1% NAV fee when you sell.

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Added on January 16, 2012, 1:07 pmEmm you sure? It kinda depend which fund you buy. The china fund i bought in 2009 so far have 40% return for me.

This post has been edited by gark: Jan 16 2012, 01:07 PM

FSM Page for AmDynamic Bond

AmMutual Factsheet for Dec-11

OTHER PERFORMANCE DATA
Calendar Year
2011 (10.12%)
2010 (9.08%)
2009 (11.28%)
2008 (6.44%)
2007 (8.1%)


PM agents, dun hate me pls

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Added on January 16, 2012, 1:13 pmStill, their biggest holdings are in AA grade securities (almost 2/3 of portfolio), while MOST other bond funds are loaded with AAA types. So, AmDynamic are still expected to perform better than most other MYR Bond funds, albeit with slightly higher risk.

Annualised returns might be distorted when there's an exceptionally good year, but look at the CALENDAR YEAR returns, the worst is only 6.44%, so overall the returns are fairly consistent.

This post has been edited by Pink Spider: Jan 16 2012, 01:16 PM

I am also anticipating the OPR interest rate to be reduced soon by BNM.. due to economic slowdown, so longer term bond funds will outperform.

Basically.... my rule of thumb in investing in bond funds..

1. Interest Rate Increasing - High Quality & Short Term Bond Funds will outperform
2. Interest Rate Reducing - Lower Quality & Longer Term Bond Funds will outperform

that's why it's time to load up on AmDynamic Bond

I am also looking at Indonesian Govt Bond Funds...last year gained 17.1%. Based on better S&P debt ratings, performing economy and a very high rate (6% vs 3 % for MGS). But the risk is much higher...

Bond fund can be exciting also...

This post has been edited by gark: Jan 16 2012, 01:33 PM

Generally Asia Ex-Japan bonds are attractive, Korean bond yields are attractive too yet not too high risk

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Added on January 16, 2012, 1:36 pmbut Indonesian inflation is higher too, so even though Indon bonds return high, but remember u have forex risk.

This post has been edited by Pink Spider: Jan 16 2012, 01:36 PM