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 Fund Investment Corner v2, A to Z about Fund

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SUSPink Spider
post Aug 7 2012, 11:31 PM

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QUOTE(alexkos @ Aug 7 2012, 11:21 PM)
I want to buy some bond funds but AmDynamic Bond is not offered for sale. So sad..... will it open anytime soon?

Or any recommendation for a risk adverse like me?
*
0% Sales Charge:
AmBond
AmBon Islam
OSK-UOB Income Fund

With Sales Charge:
Hwang Select Bond Fund
SUSDavid83
post Aug 7 2012, 11:46 PM

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Can try AmDynamic Sukuk. biggrin.gif
SUSPink Spider
post Aug 7 2012, 11:49 PM

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QUOTE(David83 @ Aug 7 2012, 11:46 PM)
Can try AmDynamic Sukuk. biggrin.gif
*
This will have some overseas exposure...AmInvestment funds with foreign exposure not that strong...I'd prefer to wait and see how it performs first hmm.gif
SUSDavid83
post Aug 7 2012, 11:49 PM

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QUOTE(Pink Spider @ Aug 7 2012, 11:49 PM)
This will have some overseas exposure...AmInvestment funds with foreign exposure not that strong...I'd prefer to wait and see how it performs first hmm.gif
*
But I thought Malaysia is the biggest sukuk market.
SUSPink Spider
post Aug 7 2012, 11:52 PM

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QUOTE(David83 @ Aug 7 2012, 11:49 PM)
But I thought Malaysia is the biggest sukuk market.
*
Yeah, as at current, bulk of Sukuks is denominated in RM
aronteh
post Aug 8 2012, 12:32 AM

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QUOTE(alexkos @ Aug 7 2012, 11:21 PM)
I want to buy some bond funds but AmDynamic Bond is not offered for sale. So sad..... will it open anytime soon?

Or any recommendation for a risk adverse like me?
*
I spoke to the Fund Manager of AmDynamic Bond last month. There are not going to increase the fund size as it is at optimum level now. So it will not be open again.
But a new fund will be launch still pending SC approval, which have similar investment strategy biggrin.gif
Kaka23
post Aug 9 2012, 12:51 AM

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QUOTE(aronteh @ Aug 8 2012, 01:32 AM)
I spoke to the Fund Manager of AmDynamic Bond last month. There are not going to increase the fund size as it is at optimum level now. So it will not be open again.
But a new fund will be launch still pending SC approval, which have similar investment strategy biggrin.gif
*
Thought the new fund is AmDynamic Sukuk?
aronteh
post Aug 9 2012, 01:11 AM

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QUOTE(Kaka23 @ Aug 9 2012, 12:51 AM)
Thought the new fund is AmDynamic Sukuk?
*
As to my knowledge it is not AmDynamic Sukuk.

Sukuk and bond are a different animal.


Added on August 9, 2012, 1:39 amAnybody notice a big drop in AmDynamic NAV to 0.6142 as of 7 Aug 2012? unsure.gif
The latest quote is from Bloomberg.

There is no update of the fund price from normal channel since 3 Aug.


Added on August 9, 2012, 2:33 amNo worries. Just found out 31 July 2012 is AmDynamic Financial Year End. smile.gif
Expecting the usual dividend of about 0.02.

This post has been edited by aronteh: Aug 9 2012, 02:33 AM
SUSPink Spider
post Aug 9 2012, 10:46 AM

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Asian markets rising again...another NAV drop for Emerging Markets Bond expected sweat.gif

Those in for long-term can consider to top up blush.gif
SUSDavid83
post Aug 9 2012, 02:32 PM

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When equity up, bond market is on pressure.


wongmunkeong
post Aug 9 2012, 02:53 PM

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heheh - see, already said dont go overboard with bonds (in terms of % in asset allocation) just coz of fear of MY election, EU kabloey, CH hard/soft/whatever landing.

hm.. this post will most probably come back to haunt me when equities kabloey tongue.gif
SUSPink Spider
post Aug 9 2012, 03:26 PM

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QUOTE(wongmunkeong @ Aug 9 2012, 02:53 PM)
heheh - see, already said dont go overboard with bonds (in terms of % in asset allocation) just coz of fear of MY election, EU kabloey, CH hard/soft/whatever landing.

hm.. this post will most probably come back to haunt me when equities kabloey tongue.gif
*
Wong Seafood, very soon...very soon... brows.gif
wongmunkeong
post Aug 9 2012, 03:36 PM

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QUOTE(Pink Spider @ Aug 9 2012, 03:26 PM)
Wong Seafood, very soon...very soon... brows.gif
*
I'll see your Bond funds and raise U the lot of REITs and REIT funds tongue.gif (looking at the way and amount of $ is being created electronically - these HAVE to end up somewhere right)
SUSPink Spider
post Aug 9 2012, 03:56 PM

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QUOTE(wongmunkeong @ Aug 9 2012, 03:36 PM)
I'll see your Bond funds and raise U the lot of REITs and REIT funds tongue.gif (looking at the way and amount of $ is being created electronically - these HAVE to end up somewhere right)
*
Seafood memang seafood notworthy.gif

I found a few stocks with good divvy yield and low valuations...thinking to go in or not hmm.gif

and my Hwang Select Opportunity...still waiting for the opportunity to buy in doh.gif

This post has been edited by Pink Spider: Aug 9 2012, 03:56 PM
wongmunkeong
post Aug 9 2012, 04:10 PM

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QUOTE(Pink Spider @ Aug 9 2012, 03:56 PM)
Seafood memang seafood notworthy.gif

I found a few stocks with good divvy yield and low valuations...thinking to go in or not hmm.gif

and my Hwang Select Opportunity...still waiting for the opportunity to buy in doh.gif
*
seefood must EAT food lar. Like those char siu pohs from Ling Dan & Chong Wei - cannot respect oneself if don't eat tongue.gif

eh - just a word of caution (methinks - which may be obvious to U & i but maybe useful for newbies) ar.
If / when REITs' DY% becomes near FD-ish, better start running the other way from REITs / REIT funds as the market price is "not too smart" liao.

When the gap closes, most folks will go.. duh - why am i taking more risks than FD to get slightly more returns than FD? doh.gif

And thus, the cycle flows again to MM (remember one stretch of time, MM was getting more returns than Bond Funds?) and other vehicles.. ohm.. ohm.. laugh.gif
gark
post Aug 9 2012, 04:31 PM

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QUOTE(Pink Spider @ Aug 9 2012, 03:56 PM)
Seafood memang seafood notworthy.gif

I found a few stocks with good divvy yield and low valuations...thinking to go in or not hmm.gif

*
Usually when you find stocks with low valuation and high DY, you must check the reason for it to be such a bargain. Most of the time the bargain is temporary and will turn for worse later. The stock could have a declining profit, low growth, dilution, potential loss, small cap, ace market or just plain illiquid and no volume. tongue.gif

Stock picking is much much harder than fund picking and you really really need to do your home work. laugh.gif

This post has been edited by gark: Aug 9 2012, 04:32 PM
SUSPink Spider
post Aug 9 2012, 05:09 PM

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QUOTE(gark @ Aug 9 2012, 04:31 PM)
Usually when you find stocks with low valuation and high DY, you must check the reason for it to be such a bargain. Most of the time the bargain is temporary and will turn for worse later. The stock could have a declining profit, low growth, dilution, potential loss, small cap, ace market or just plain illiquid and no volume.  tongue.gif

Stock picking is much much harder than fund picking and you really really need to do your home work.  laugh.gif
*
Yea I know that...been burnt in stocks before (that was when I do trading on purely technicals gambling reading) sweat.gif

DY and PE is only the initial screening...will look deeper into their financials, announcements and industry news nod.gif
gark
post Aug 9 2012, 05:51 PM

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QUOTE(Pink Spider @ Aug 9 2012, 05:09 PM)
Yea I know that...been burnt in stocks before (that was when I do trading on purely technicals gambling reading) sweat.gif

DY and PE is only the initial screening...will look deeper into their financials, announcements and industry news nod.gif
*
So which stocks is on your radar? brows.gif

You and me is the opposite. You migrate from stocks to UT and I reverse, migrate from UT to stocks. laugh.gif

This post has been edited by gark: Aug 9 2012, 05:52 PM
SUSPink Spider
post Aug 9 2012, 06:14 PM

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QUOTE(gark @ Aug 9 2012, 05:51 PM)
So which stocks is on your radar?  brows.gif

You and me is the opposite. You migrate from stocks to UT and I reverse, migrate from UT to stocks.  laugh.gif
*
Some not so well-known counters, steady high dividends, attractive P/E ph34r.gif

Damn it has gone up 6.5% since last week when I discovered it vmad.gif

This post has been edited by Pink Spider: Aug 9 2012, 06:18 PM
aronteh
post Aug 9 2012, 10:33 PM

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QUOTE(wongmunkeong @ Aug 9 2012, 04:10 PM)
seefood must EAT food lar. Like those char siu pohs from Ling Dan & Chong Wei - cannot respect oneself if don't eat tongue.gif

eh - just a word of caution (methinks - which may be obvious to U & i but maybe useful for newbies) ar.
If / when REITs' DY% becomes near FD-ish, better start running the other way from REITs / REIT funds as the market price is "not too smart" liao.

When the gap closes, most folks will  go.. duh - why am i taking more risks than FD to get slightly more returns than FD?  doh.gif

And thus, the cycle flows again to MM (remember one stretch of time, MM was getting more returns than Bond Funds?) and other vehicles.. ohm.. ohm..  laugh.gif
*
Good thought. notworthy.gif Especially Malaysia REITs yield going lower from 6% to 5% before tax. Singapore REITs still going strong with 9% to 8% yield with no tax.

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