guys, can advise me on this? thx

http://forum.lowyat.net/topic/2185518

IF BN were to lose more seats or worse, FALL, KLSE gonna go bananas...

bro, u 1 shot dump RM2K meh...start with the minimum, then slowly buy in small sums every month/bi-monthly mar...

that's why now I only invest monthly RM100 in my malaysian balanced fund...if BN kena sapu, saya sapu more units

go Public Mutual website, all UT fund houses surely will have monthly fund reports and interim/annual reports on their website

Malaysian Equity Fund

My top pick is Kenanga

come with me to Genting

guys,

just wanna hear some comments...

i started my UT portfolio during mid-2008, doing RSP (DDI for some of u) RM100 monthly til end of 2010, along the way also pumped in bits on and off, then stopped cos I felt that markets are peaking. My portfolio are largely conservative-balanced except for a global fund focused on banks/financials (this fund is the biggest drag on my portfolio )

to-date my portfolio returned about 6%, annualised return=1.7%

is this considered "reasonable" for the past 4 years?

sifu sifu sekalian tolong komen

---

Added on January 13, 2012, 8:57 pmi make a simple illustration to explain to u...

Fund ABC
- got 100,000 units in circulation
- launch price at RM1.00 per unit

so, total assets of ABC = 100,000 x RM1.00 = RM100,000

let's say, a few years later ABC's assets value rose to RM150,000, so u have NAV price of RM1.50 per unit (assuming no additional units were created, so RM150,000/100,000 units)

then the fund house decided to do unit split of 2-for-1 for ABC

100,000 units become 200,000 units
RM150,000/200,000 units = RM0.75 per unit

That's unit split for u

Effect?
- lowered NAV price per unit (RM1.50 becomes RM0.75)
- assets value - UNCHANGED (still RM150,000)
- psychological effect saja...cos some investors might PERCEIVE a RM1.50 fund as "expensive"
- and it keeps the NAV price close to the original launch price

This post has been edited by Pink Spider: Jan 13 2012, 09:02 PM

my portfolio was dragged down by going into Emerging Markets and Asia Ex-Japan equity funds at the wrong time...oredy exited those funds. My global financials/banks fund baru saja breakeven...it did went up 10%++ at one point though...currently all my funds are above water (finally!)

In a hindsight I would be better off putting all my money in FD...but it's a learning experience.

ok

but good thing I've already sold the laggards...otherwise would be still in the red

guys, how many of u are overweight equities right now? Which region in particular?

Thx

PM is overrated. Winner for MYR Bond fund for recent years have been AmDynamic Bond, delivering annualised returns of 9-10% CONSISTENTLY, and best of all, it's available thru FSM, at 0% service charge

I know, but what's 1% exit fee compared to consistent 9-10% p.a. returns over past 5 years?

This post has been edited by Pink Spider: Jan 16 2012, 11:39 AM

FSM Page for AmDynamic Bond

AmMutual Factsheet for Dec-11

OTHER PERFORMANCE DATA
Calendar Year
2011 (10.12%)
2010 (9.08%)
2009 (11.28%)
2008 (6.44%)
2007 (8.1%)


PM agents, dun hate me pls

---

Added on January 16, 2012, 1:13 pmStill, their biggest holdings are in AA grade securities (almost 2/3 of portfolio), while MOST other bond funds are loaded with AAA types. So, AmDynamic are still expected to perform better than most other MYR Bond funds, albeit with slightly higher risk.

Annualised returns might be distorted when there's an exceptionally good year, but look at the CALENDAR YEAR returns, the worst is only 6.44%, so overall the returns are fairly consistent.

This post has been edited by Pink Spider: Jan 16 2012, 01:16 PM

that's why it's time to load up on AmDynamic Bond

Generally Asia Ex-Japan bonds are attractive, Korean bond yields are attractive too yet not too high risk

---

Added on January 16, 2012, 1:36 pmbut Indonesian inflation is higher too, so even though Indon bonds return high, but remember u have forex risk.

This post has been edited by Pink Spider: Jan 16 2012, 01:36 PM

Quote of the day

I believe the same applies to Malaysian equities, I doubt if foreign fund managers with no local presence can do well with a Malaysian equities fund.

- AmDynamic Bond got no sales charge
- Exit charge is 1%

Yes, oredy net of fund expenses i.e. management fees and trustee fees

seems that malaysian equity funds beat global equity funds or even asia ex-japan equity funds hands down...is this just an abnormal deviation (cos malaysian market = defensive, recent years global equities are quite bearish), or our local fund managers really dunno invest overseas?

cos everyone wrote that diversification is healthy, but overseas exposure are dragging down our portfolio performance...

This post has been edited by Pink Spider: Jan 18 2012, 07:23 PM