Wong Seafood, IMHO its not worth it to gain access to REITs thru UTs, better buy direct. Just my 1 rupiah worth of opinion.

Hehe - true but (there's always one mar) i'm not cash-rich mar, thus, trying to find more options with EPF.
About 45% of my investment assets are EPF-based, thus, if i can unlock that for REIT funds, it'll be much more manageable than just having only 2 options with EPF-based investments, which are currently domestic focused bonds & generic equities (ie. dunno whether REITs or normal non-REITs KLSE stocks).

The self-directed thinggy cost me 3% too, thus, i was thinking IF ada REIT funds via EPF, let the fund manager manage lar while i manage how much i buy in or switch out based on their NAV

Cash - i'm pushing into erm.. non-domestic assets as a hedge against good old RM devaluating, about 80%+/- of my investable assets are RM based, thus the want to move some % into other countries. Doing the norm bond funds, REITs, normal stocks & equity funds with it but all on non-domestic assets.

This post has been edited by wongmunkeong: Aug 1 2012, 10:23 AM

U can invest DIRECT with your EPF savings...buy into REITs

Nowadays we can invest in stock market with our EFP account 1. But the same that it does have limitation like investing in mutual funds. You need to have certain portion of money accroding to age. age 31 needs to have basic 50k, then 20% of the remaining. Try search for thread - Withdraw EPF for investment. in this forum.

Are u Mr. Param from kclau website? If yes, u've answered me there. Thanks again.

yes.

Yup, i know (am doing it already with Amara Investments) and it still cost me 3% like any other equity fund + transaction costs (buy/sell) +annual mgt fees
See - i'm literally managing it yet.. heheh, thus, if there are REIT focused funds that i can throw my EPF $ at, at least i only manage the value + dollar averaging

Yeah yeah, i'm a calculative little bugger that way

u r saying, in addition to brokerage+clearing+stamp duty, u still have to pay admin/mgmt fees to invest with ur EPF money?

sorry I've not tried investing my EPF money, so dunno the fees involved

if that's the case, yea do it via REIT-focused UT seems a better idea

my 1 rupiah idea - look for dividend-focused UT fund with high exposure to REITs?

AMB Divident Trust is one I know...about 20% in REITs (mostly local, also a bit in S'pore REITs)

How about PUBLIC FAR-EAST PROPERTY & RESORTS FUND?

I don't buy UT thru banks and Public Mutual

PFEPRF cash only - and it's one heckuva ride since 2009 with it. Shocking returns heheh (note - i'm invested in this and will still be, based on programmatic quarterly TwinVest & trend opportunities).

Side note:
I usually use this + a few other programmatic invested funds as samples to WHACK bullsh*tting overseas land-banking hotties (good lord, they employ really hot women to entice us into stupidity) when they say "mutual funds cannot make $ wan" and give their own examples of investment returns.

BTW, some of those same flers doing land banking earlier are now doing "agar wood banking".
Sorry lar - i fear i cannot tahan their womanly guile, thus turned them down on their offer of food and show/tell (i know my kryptonite well)

This post has been edited by wongmunkeong: Aug 1 2012, 03:51 PM

Why? Any specific reasons?

1) Sales Charge
2) Hassle of going to bank

Negative a bit bro... Do you read the REIT shares or REIT based UT fund performances historically (maybe can start from year 2008) for the Japan, US and Europe where they experiencing REIT value depreciation due to bad debt practiced in banking lending business.

It's a question above as I do not know, please share if you read that. So we can measure the risk of the REIT downside if it does exist.

Basically,I am feel worried and risky to buy high-end property (300K - 400K MYR condo in KL as for example) when I read the sad story of Japanese middle-income people shared their experiences in property financial. Their house price is much lower than the cost of borrowing and difficult to sell it of course.

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Added on August 1, 2012, 4:43 pmYou can trade through PM online website? Am i wrong as I never done it before. Purchased PM fund through agent without their influences. Hahhahaha

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Added on August 1, 2012, 4:44 pmYou can trade through PM online website? Am i wrong as I never done it before. Purchased PM fund through agent without their influences. Hahhahaha

This post has been edited by techie.opinion: Aug 1 2012, 04:44 PM

Personally i do not read that. But i think most REIT here are still doing good. Of cos not all but a few like CMMT, Axis, SunReit and etc. The purpose of buying REIT primarily is to get their unit distribution, or i rather say dividends. I think 90% of the rental income will be distributed as dividend to investors. Here it provides dividends every quarters. It's a cash flow concept like what Robert Kiyozaki said. Of course, you still have to evaluate whether the dividend yield can beat the inflation rate, FD, and also EFP interest or not. So far i think due to share price appreciation, CMMT dy is getting lower and lower.

I quite confident that the rental is still can go up especially to those shopping malls like Gurney Drive mall under CMMT. IGB Reit is the one i am aiming at because i believe Mid Valley's rental can still go up.

Just my rupiah 2 cents.

Yup read up a bit about REITs in USA, AU and JP.
Even SGX's REITs suffered similarly - Saizen REIT, a Japanes residential REIT listed in SGX and still at lelong prices (market price is 50% discounted from NAPS).
ASX's (Oz / AU) REITs restocked and lowered their gearing greatly already, and averages about 33%+/- these days.

USA's REITs however includes a whole host of different animals leh (compared to MY's & SGX's, heck even ASX's). They've mortgage REITs and what not REITs - ie. value not based on properties and properties management, but debt and other instruments. Thus, when the SHTF in 2008 (packaged debts into CDOs and stuff), some of these REITs in USA got hit pretty bad.

Well, personally i look at multi-years (if possible) ROE & ROTA + gearing & DY%.
I usually buy ones with track record and acceptable current DY%.
Once awhile, i'll buy into something like Saizen, due to wanting exposure in that sub-sector or perceived pariah/lelong value. I dont focus much ammo$ on these, just like 1/5 or 1/6 of my current available ammo$ for REITs.

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Thus, my personal opinion that the QEs and money printing chasing up real assets + (anyhow_ balanced asset allocation approach,
1/3 of my investable assets are going into REITs and properties.

Since i'm a lazy baka, 1 or 2 properties cukup lor, the rest all REITs and i can have weird stuff like plantations, malls and hospitals which in my lifetime, i'll never be able to buy outright hehheh.
Been buying SGX REITs (AIMSAMPI, SABANA, FIRST, LIPPO MALL & a bit of SAIZEN) for the past several months with cash.
Accumulating for ASX REITs currently and while accumulating, R&D-ing on ASX REITs/

EPF A/C1 just bought TWRREIT and BSDREIT last month.

ooh crap.. this is a Funds Investment Corner topic Sorry ar Mods..

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Added on August 1, 2012, 4:55 pmI think we better move this ding dong to http://forum.lowyat.net/topic/1993103/+2000#entry53490161, a REITs thread, before Mods comes after us with a stick

This post has been edited by wongmunkeong: Aug 1 2012, 04:58 PM

Property price and rental rate in Malaysia are in stable heading up (going to hey day?). Just think when that our bank had problems with their cash flows due increasing of the npl or bad lending practice... jobless rakyat... inflation that pressing the rakyat monthly budget could cause the npl as well and not tally with the rakyat income and probably due GDP-Debt ratio increase dramatically cause the country rating drop and increase government and banking borrowing cost. For scenario example that happened to the US, Japan and Europe.

Yeah we enjoy the good moment now, just I put an awareness to myself. Balancing/Allocation/Variety is important and pray it works well.

So here, we cannot say just waiting for the fruits of any investment, we need to do observe and do maintenance as well such as fund switching.

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Added on August 1, 2012, 5:09 pmSorry Mod... Iklan only... Not going to talk wrong direction further...

This post has been edited by techie.opinion: Aug 1 2012, 05:09 PM

Heheh - BUY & HOLD (stupidly) IS DEAD.
LONG LIVE BUY, TRACK & MANAGE!

This post has been edited by wongmunkeong: Aug 1 2012, 06:19 PM

CIMB-Principal Confident with Malaysia’s Potential with New Equity Fund

Kuala LumpurCIMB-Principal Asset Management Berhad (CIMB-Principal) today launched the CIMB Islamic Al-Azzam Equity Fund, a Shariah-compliant equity fund which aims to achieve consistent capital growth over the medium to long-term period. With a geographical focus in Malaysia, it will invest in Shariah-compliant companies listed on Bursa Malaysia. Fund managers believe that these companies would exhibit above-average growth potentials relative to the industry peers.

URL: http://www.cimb-principal.com.my/News-@-News.aspx

Bro, how do you buy these foreign REITS? Thru local banks? How do you pay for them since they are foreign invesments? Does Bank Negara still control outflow of funds for this type of direct investment?