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?

er.. MGM, i copy & reply in REITs thread ar.
http://forum.lowyat.net/topic/1993103/+2000#entry53500137

i worry Mods & fellow forumers cheesed off if i continue on specifically and in details about REITs in a Fund Mgt thread - please bear with me

well said , Wong Sifu

This post has been edited by SKY 1809: Aug 2 2012, 06:15 PM

I have a fund (i mean $) to invest in. My financial goal is rather short (3 years) and I don't know if the fund investment could help me or not.

Kenanga Growth and AmDynamic look promising....

Or should I be more conservative?

AmDynamic is closed for purchases

3 years is rather short, go for bond fund.

hey guys.

i really need some advice on investment plan.i just started working,and this is my 3rd month.for the first month,i only use 30% of my salary balance about 2.5k.my 2nd month just recieve recently,i expect ill save almost the same amount + some allowances will be around 3.5k..my asb already max,just registerd PVS with maybank..readabout mutual funds,but the service +managing cost is quite high..any other investmend that suitable for me ? thanks.

what is PVS?

u cannot escape from SC and others charge/fees from mutual funds. u can get lowest SC from FSM.

i believe u hv max $ in ASB, emergency funds is not issue for u. plan wisely abt ur other commitment before commit for mutual funds. some time dont focus too much on charge/fees..... educate urself how to max ur returns in any investment u do.

its better u start with small amount on regular investment instead put a large lump sum. if u below 30, and a passive investor, force urself to save ur money in mutual funds monthly.
choose the funds which is match with ur risk tolerance. normaly for equity funds, the expactation around 7 to 10% compounded return in long run. if u get 5%, its still better than FD saving, if u get more than 10%, take it as bonus.


basicaly accumulating units is more important in mutual funds. what is ur goal. income or capital gain.

income is u get distribution income annualy and spend it. (bond/MM/dividend funds)
u need to hv more units to receive more income annualy.

capital gain - focus on capital appreciation in long run.
same if u hv more units, the gain is higher.

so, try to accumulate more units towards ur retirement and transfer ur money to income funds to receive income annualy.

so, u hv to plan how many mil units u need to hv for ur future.

simple example;
bonds funds can give at least 5 sen per units.
let say ur monthly expences RM5k = rm60k annualy

rm60k / rm0.05 = 1,200,000 units. which is equel to around rm1.2mil.

so, u hv to invest in equity fund until u achieve rm1.2mil and switch to bond funds for annual income.

if u start early and re-invest the distributions(compounding interest), u may achive the units with lower invested amount than rm1.2 mil.

u can choose wahtever methods,...... DCA,VCA and any other methods u know to achieve ur targets.


for short term, dont invest in mutual fund.

make sure u and ur wealth, well protected with insurance.

my suggetion/sharing only.

I also interested to know what is PVS? TQ

what a very good advise from u bro.thumbs up.

PVS=http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?channelId=INV-Investment&cntTypeId=0&cntKey=INS03.07&programId=INS03-InvestmentLinked&chCatId=/mbb/Personal/INV-Investment

investment is a new subject for me.so pls bare with me..mind explain the highlight text ? or u can point anylink,so i could do my homework first before we go deeper..

Thanks for sharing !!! Guan lai PVS is an ILP (Investment-Linked Plan), mainly for protection (insurance). n_n

1.so i read on fundsupermart.before i want to invest,i need to know what type of fund i want invest in,since thats where the risk lies right ? equity funds is the highest..bond lower than equity right..pls advise.

2.what should i see when looking at the fact sheet ? average investor only look at the div,but sophisticated investor will look at the whole pic i guess.

3.saw on this one particular bond the div says 2:1..what does that mean ?

gtg..will continue with my Q's..