Emm don't relly like Korean Bonds... OPR is already low at 3.25%, can't go much lower and also the debt is already rate AAA, so no more upside.

Emmm Malaysian Fund Managers so far can't perform for China Investment.. you need local fund managers to navigate the China investments as there are many 'hanky panky' around.

I am invested via First State Regional China Fund and DWS China Equity.. google it. I invest via Singapore.

This post has been edited by gark: Jan 16 2012, 03:08 PM

Yep.. local fund manager can get good info.. hence better performance. There are foreign fund managers which is doing quite well.. and they have office in Malaysia. Check out Aberdeen Asset Management, and they are managing EPF fund as well. . Other than that fund with no presence/office in Malaysian are doing quite badly as well...

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Added on January 16, 2012, 5:24 pmYep, but they beat the benchmark for almost every year. The china funds managed by Malaysian fund managers all performing below benchmark one.

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Added on January 16, 2012, 5:29 pmThere are few local fund on Indonesian Equity/ Balanced fund but no fund on Indonesian Bonds. If one to invest in a pure Indonesian Bond fund, you must buy through Singapore or Indonesia... I have First State Indonesian Bond Fund...

This post has been edited by gark: Jan 16 2012, 05:31 PM

Kenanga Growth is doing quite well for the past 2-3 years is due to the stock selection that favors it during this time. The fund mostly focus on dividend growth stocks, which is kind of the 'theme' during these turbulence times (US & EU problems) which see tremendous appreciation for these stocks. If you see the long term performance, It did not do so well prior to 2009 due the investor preference to pure growth stocks (during super boom times). So it's out-performance during 2009-1012 is primary due to the fund having the right 'theme' during the right time.

IMHO dividend stocks is already approaching 'bubble' status especially overseas, and now the dividend yield for the stocks is no longer attractive. However, dividend growth strategy is a prudent and less volatile strategy so even in the even of stock market boom times, It will not be too shaby either, but then it will not have much out-performance either.

That being said, although Kenanga Growth Fund has a spectacular run so far, I wouldn't put all may eggs in it.

Prudential AP Fund has been constantly performing below benchmark year after year also you want to buy?? ISF funds are mostly under performing and the management fees are expensive...

If you want Asia ex Japan, I would suggest the following two funds, which has performed consistently above benchmark over the years.

Aberdeen Pacific Equity Fund
First State Asia Growth Fund

This post has been edited by gark: Feb 8 2012, 02:08 PM

Well PRU Global Emerging markets is so-so only lah...look at 1m, 6m, 1 yr and 3 yr all near the benchmark only, might as well buy ETF. The management charge by ISF is always expensive, not include all other charges also...

If emerging markets.. take a look at First State GEM Leaders ..

Not available in Malaysia means cannot buy 1 meh? The world is globalized already lah, can use internet to buy anywhere & anytime.

This post has been edited by gark: Feb 8 2012, 02:26 PM

Preservation is not equal to lower risk... for risk factor you have to measure the volatility. Ambond is 1.9 while AmDynamic is higher at 2.2.

Collecting.... 1st batch 1,800, 2nd batch at 2,300, 3rd batch at 2,200... more to collect soon as long as SSI <2,500. BTW china mega banks are selling now at PE 6-8 only with DY of 4-5%... this is not small banks, but banks with assets >5 billion USD. Even consumer companies, coal, oil etc is about PE 8-10.

This post has been edited by gark: Jul 16 2012, 05:47 PM

Pure China fund, which invest in H Shares & Red chips with a small amount of A shares only.

I also have a separate pacific ex Japan fund as well...

Check out Aberdeen Pacific Equity Fund, beating the benchmark for >10 years straight . I am vested.

When Euro loan too much and cannot pay their debt, we say they are lousy and irresponsible. Their money worthless, fiat money, lousy economy etc etc. But when they are enjoying those debt (given as handouts by politicians), no one says anything and their praise their govt.

Now Malaysia is doing the same thing with our govt going heavily into debt (currently our 2012 budget is -7% of GDP), by giving all kind of subsidies, 1Malaysia handout, even taxi tire subsidy, we are not saying anything also? Later people will say the same about Malaysians and their currency and compare them to EU.

So lets not say bad about other's fiscal responsibility until we can manage our own.

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Added on July 24, 2012, 1:41 pmWait till SSE below 2,000, then I sapu more...

This post has been edited by gark: Jul 24 2012, 01:42 PM

Waiting for the exact bottom is tough.. it is better to see the P/E ratio of the exchange and gauge if it is a good deal to pick up gradually.

In the last crash, I was buying in lots with HSI at 18K (P/E 12), then at 16K, 14K, 12.5K (P/E <8!)and then purchase at rebound at 15K. Sold the fund in 2010/2011 with HSI at about 20K for a nice tidy profit. At one time the fund is at -30% .

Now with HSI at 19K and SSE at 2.1K, the china forward P/E is about 8.6

So to buy or not to buy? Anyway with China stocks, I am no longer buying mutual fund but buying though CIMB Xinhua25 fund. (0.6% management fee)

P/S Malaysia's P/E is currently 14.9, one of the highest in the world, due to our buoyant (EPF Supported) market...

This post has been edited by gark: Jul 24 2012, 02:41 PM

You do realize that EPF is using YOUR money to boost the share market so that YOU feel good right?

Like that arrr... this kind of low valuation you want one have to wait 10-15 years one woh.. 1937, 1973, 1980, 1997, 2008.... can wait ah?

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.

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

This post has been edited by gark: Aug 9 2012, 04:32 PM

So which stocks is on your radar?

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

This post has been edited by gark: Aug 9 2012, 05:52 PM

Sometimes things just don't die easily.. wait wait.. forever until cannot 'tahan' anymore and hentam all, then all hell break lose.

Typical MM fund, for those that is sooooooo lazy even to place FD themselves. The fund invest for you into FD & NID. Earning for last year is 2.82%, which is lower than general FD. Not for PB clients, anyone also can buy.

Useless fund..

This post has been edited by gark: Sep 17 2012, 10:58 AM

Those are not 'pure' MM funds, but do hold some short term bonds... I would not classify them as MM as they do take some risk exposure.