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 Fund Investment Corner v2, A to Z about Fund

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aronteh
post Sep 14 2012, 07:54 PM

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QUOTE(wongmunkeong @ Sep 14 2012, 10:57 AM)
Pink & gang - QE3 unleashed!!
<face palm> i shd have bought more of CIMBC25 (on Mon/Tue)
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biggrin.gif Good for you. My game plan is different for QE, I am using Gold and Silver as my vehicles. Make a handsome gain since last month or two. Have been accumulating both metals when it is really cheap.

aronteh
post Sep 20 2012, 12:52 AM

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Dear fellow investor,

Anyone invested in Hwang Select Income Fund can recommend a fund house with competitive sales charge?
FSM doesn't seem to carry it. sad.gif

Pink, I notice you have Hwang SIF in your portfolio. Can share which fund house you use and the sales charge? smile.gif

aronteh
post Sep 20 2012, 02:30 PM

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QUOTE(Pink Spider @ Sep 20 2012, 07:59 AM)
U like HSIF too? tongue.gif

Mine...bought thru EON Bank (now HLB). The last time I topped up...January 2012. Standard SC...3%. doh.gif

I'm getting annualised returns of 10%+ from HSIF. Low volatility some more. Been having headache on whether should I continue keeping it, cos going to the bank to transact is such a trouble. doh.gif

Tips - Buy Hwang Select Dividend Fund and Hwang Select Bond Fund thru FSM as HSIF "alternative", in proportion of 30% HSDF + 70% HSBF e.g. RM150 HSDF + RM350 HSBF. Look familiar? HSIF's asset allocation is 70% bonds, 30% dividend-yielding equities. brows.gif

HSDF SC@FSM=2%
HSBF SC@FSM=1.5%
(30%x2%)+(70%x1.5%)=1.65% whistling.gif

Think...think... ph34r.gif
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We have a similar mix UT portfolio tongue.gif

No more place to park my fund since AmDynamic is close. The only comparable UT for me is HSIF.
I heard the replacement for AmDynamic is already approved by SC but will only be launch at later date.

Thank you for the great idea notworthy.gif

Let me work out the combine yield over the cost factor compare to buying HSIF. I think can get some further discount on FSM sales charge. They have some discount scheme for GOLD status customer.
aronteh
post Sep 20 2012, 11:48 PM

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QUOTE(Pink Spider @ Sep 20 2012, 02:36 PM)
u buy HSIF, SC is 3%
u "DIY" ur own HSIF by combining HSBF and HSDF, ur effective SC is 1.65% (thru FSM). If u Silver status, 1.4% thumbup.gif

Wait, u GOLD status? shocking.gif  notworthy.gif

Bear in mind, HSIF is a Conservative Mixed Assets fund, AmDynamic is a bond fund. If u want a higher risk bond fund, consider OSK-UOB Emerging Markets Bond Fund and RHB Asian Total Return Fund (feeder fund for United Asian Bond Fund, a strong Singapore-based Asian bond fund. But...SC=2% But heck, AmDynamic Bond also got fee...exit fee 1% tongue.gif ).
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blush.gif I am just a old man trying to manage my retirement fund. I can see many young peoples are doing very in UT investment and I sure many will do better than me. biggrin.gif

My OSK-UOB Emerging Market Bond Fund still in negative as invested in July 2012 almost right at the peak. doh.gif

I should have invested directly in United Asian Bond Fund, no sales charge at all. icon_idea.gif
aronteh
post Sep 21 2012, 12:12 AM

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QUOTE(Pink Spider @ Sep 20 2012, 11:52 PM)
Hi unker biggrin.gif

Haven't got time to fully explore FSM Singapore website, but from what I can glean from a brieft look, even though no SC, they have this thing called "platform fee", which is recurring like management fee, unlike SC which is one-off. Maybe u can try to study what that means?
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Hi Pink,

The FSM SG platform fee for fixed income fund is 0.05% per quarter. That mean one year you will be paying 0.2%, compare to paying 2% in advance for FSM MY.
That is equal to 10 years platform fee. How long do you think you will hold your OSK-UOB Emerging Market Bond Fund? 10 years? I think not likely, you will switch out to other fund sooner than 10 years. icon_idea.gif

If your are at my age and invest in lump sum (cause no more monthly income only saving) cry.gif , that a lot of money to pay at 2% and switch out in a year time. I am looking at 5 figures sales charge for each switch doh.gif

This post has been edited by aronteh: Sep 21 2012, 12:13 AM
aronteh
post Sep 21 2012, 03:21 AM

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QUOTE(Kaka23 @ Sep 20 2012, 09:55 PM)
Respect bro on your gold status... I wish I can be like you
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There is nothing special with gold status. Just a way to get more discount from the sales charge. You don't like me being call unker. blush.gif


Added on September 21, 2012, 3:34 am
QUOTE(Pink Spider @ Sep 21 2012, 12:28 AM)
I wish I can be like u by the time I retire notworthy.gif

How u invest with FSM SG? U got SG bank account? Otherwise, its very inconvenient to transact...everytime need to do Telegraphic Transfer sweat.gif
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When I way young, I know nothing about UT and alway chasing after hot tip in stock market and got burn left right center. With discipline and time with you, I am sure you can do better. thumbup.gif

Yes I have account with FSM SG and a few SG bank account. Due to long term weakness in ringgit I am slowly moving fund monthly into SG for diversification.



This post has been edited by aronteh: Sep 21 2012, 03:35 AM
aronteh
post Sep 24 2012, 10:19 PM

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QUOTE(Pink Spider @ Sep 24 2012, 08:56 PM)
I think I have gambling investing addiction sweat.gif
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I also tired of waiting. vmad.gif Almost 100% of my UT portfolio in fixed income fund.
We need to be discipline and not simply shoot now. cool2.gif

I am currently looking at Greater China UT. Still can decide on which fund is the right one. rclxub.gif

With the current Central Bank intervention it make timing more difficult. Think pulling the trigger for initial load up than wait and see before topping up again.

Anybody have good suggestion/experience with Greater China UT? icon_question.gif
aronteh
post Sep 25 2012, 12:30 PM

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QUOTE(Pink Spider @ Sep 25 2012, 12:03 PM)
But AmAsia Pac REITs have outperformed its benchmark since commencement... hmm.gif

Case of REITs valuation chased up too high? hmm.gif
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There are still a few REIT with yield of 7% to 8% SG that worth looking into. My game plan is to lock in at a reasonable yield at 8% and top up when the price goes down to average up the yield. icon_idea.gif


aronteh
post Sep 25 2012, 01:05 PM

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QUOTE(gark @ Sep 25 2012, 12:52 PM)
SG yield used to be 15%-20% during the crisis, whoever very brave and locked at those rates is set for life.  rclxms.gif I know someone now getting 100K dividend per year due to aggressive SG REIT buying during the crisis.  nod.gif
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I miss all that opportunity. doh.gif At that time I only invest in land and properties and almost sold everything in the pass few year. Now only see my hard earn profit eaten up by inflation induce by central bank easing mad.gif cry.gif

Now I just seat and wait for opportunity and park my fund into Bond UT earning only miserable 3.8% to 7% yield with combine IRR of about 5% cry.gif
aronteh
post Sep 25 2012, 01:27 PM

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QUOTE(gark @ Sep 25 2012, 01:11 PM)
Don't wait too long... you never know how long you need to wait while the world passes you by... rolleyes.gif

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” - Peter Lynch
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Maybe you can recommend some good fund? I am looking at Aberdeen Pacific Equity Fund that mention earlier now.
aronteh
post Oct 2 2012, 11:53 PM

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QUOTE(Kaka23 @ Oct 2 2012, 10:15 PM)
Who has ambond? Unbelievable.. It increase more than 3% today!
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I have AmBond. Don't see much change in NAV. The latest NAV from FSM is 1.1756 as of 1 OCT.
Where did you see the 3%? blush.gif


Added on October 2, 2012, 11:55 pm
QUOTE(Kaka23 @ Oct 2 2012, 10:15 PM)
Who has ambond? Unbelievable.. It increase more than 3% today!
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Okay. Saw the change in Bloomberg. Wait till it is reflected in FSM as Bloomberg round up to 2 decimal place.

This post has been edited by aronteh: Oct 2 2012, 11:58 PM
aronteh
post Oct 3 2012, 01:25 AM

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QUOTE(Kaka23 @ Oct 3 2012, 12:20 AM)
Haha.. Congrats bro..

How long hv u been investing in this fund?
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Thanks. To be exact 180 days as of 2 Oct 2012. The IRR is 3.41% as of 1st Oct NAV.

This post has been edited by aronteh: Oct 3 2012, 01:26 AM
aronteh
post Oct 3 2012, 06:37 PM

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QUOTE(Pink Spider @ Oct 3 2012, 04:35 PM)
AmBond is 100% MYR bonds, I prefer OSK-UOB Income Fund cos it has the flexibility to invest up to 30% in foreign bonds
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OSK-UOB Income Fund perform slightly better. I invested since June 2012 with multiple topup till August 2012. So far my XIRR is 4.02 %. Good to spread over different fund to diversified the risk.


Added on October 3, 2012, 7:43 pm
QUOTE(Kaka23 @ Oct 2 2012, 10:15 PM)
Who has ambond? Unbelievable.. It increase more than 3% today!
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Look like data error. FSM updated their NAV, no increase at all. tongue.gif

This post has been edited by aronteh: Oct 3 2012, 07:43 PM
aronteh
post Oct 9 2012, 12:37 AM

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QUOTE(TakoC @ Oct 8 2012, 11:02 PM)
Am planning to switch partial of my AmD bond to OSK-UOB too. Make use of the nil switching fee. Need to be more diversify.
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I think you will incur an exist fee of 1% for AmDynamic Bond. The is no sale charge for OSK-UOB Income Fund.

Try not to touch your AmDynamic Bond as Pink said.
aronteh
post Oct 18 2012, 09:13 PM

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QUOTE(Kaka23 @ Oct 18 2012, 08:52 PM)
Anybody work in spore before? I just curious their epf giving average how much payout? Or none?

I only know their savings and FD is very very low interest rate..
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If I not mistaken, Singapore CPF is 3.0%

This post has been edited by aronteh: Oct 18 2012, 09:14 PM
aronteh
post Oct 25 2012, 02:20 PM

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QUOTE(Xiaofeng90 @ Oct 25 2012, 12:01 PM)
hello there , just get some amb dividend trust fund as my 1st start , cant get any amdynamic bond sad.gif
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Don't worry, AmDynamic Bond replacement will be out soon. Target to lunch in November this year. smile.gif
aronteh
post Oct 25 2012, 04:10 PM

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QUOTE(Kaka23 @ Oct 25 2012, 03:24 PM)
Where you got this info? Also MY exposure bond?
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From my source in AmInvestment. Let me check with the person if I can release the name of the fund here.
From the info I get is that it will use similar investment strategy and management as AmDynamic Bond.


Added on October 25, 2012, 6:08 pm
QUOTE(aronteh @ Oct 25 2012, 04:10 PM)
From my source in AmInvestment. Let me check with the person if I can release the name of the fund here.
From the info I get is that it will use similar investment strategy and management as AmDynamic Bond.
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The name of the new fund is "Am Tactical Fund"

This post has been edited by aronteh: Oct 25 2012, 06:08 PM
aronteh
post Oct 30 2012, 12:46 PM

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QUOTE(Materazzi @ Oct 30 2012, 04:55 AM)
But u hv more net worth if u hv 5 apartments than 2 bungalows leh.
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5 Apartments = 4 millions
2 Bungalows = 4 millions

How to have more net worth? rclxub.gif

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