Hi to the experienced folks here. Since the US is going thru bad times now, would you think this fund is useful to buy?



strangely enough even in these trying times for US, the fund is in its all time high now at RM 0.5533 per share. any insights? thanks in advance.

@jutamind thanks for that another option. more power also on your informative site (in your sig).

however i did notice that eunittrust has same pricing that of fundsupermart, but of course having another option like it is useful.

This post has been edited by jtdc: May 2 2011, 02:31 AM

unit trusts move so slow. because of that, could be alternative for a somewhat less volatile fluc for your money. a bit safer less riskier way. but since takes long time, that's the reason why not much into it.

@CyberKewl the answer to your both your question is yes.

Whenever you buy something and sell at a price higher than your buy price that is profit. When you have some accumulation then you sold some of it when the price increased then you have profit. If you sold more shares that time then bigger profit compared to selling lesser amount of shares.

However you're right that when price go up further, of course your remaining shares (assuming they lesser now than your previous number of shares since you sold off) will have lesser profit. However if held on long enough and price goes up more, there'd be a time when the value may equal or even exceed your previous profits (which consisted of more shares before).

I'm not sure of your investing behavior, but when I read those scenarios, some people when they see that their target price is reached, they would sell some to realize the profit, then preserve the others for long hold. Of course when price is high, there would be impending correction, and when the dip comes, they just reinvest the profit to buy back the dip. Then repeat. In that way they earn abit by taking advantage in every run-up, while their longterm hold stays for maximum gain in time.

Btw, this assumes that the trend keeps going up, and the dips don't really go much below the previous dips.

Did the price really decline, or the computation for the dividend wasn't factored in this loss you said?

Yup. Maybe it needs some time to adjust the values of the dividend given and the number of shares we have? Yes it was down by a factor of three (66% down) as of the moment. Since it was mentioned that "2 : 1; For every unit of the fund held, 2 additional units will be issued to unit holder 01-Jun-2012", then its like if you have 1 share before June 1, come June 1 you have 3 shares so the price is now divided by 3.

RM0.7397 x 3 = 2.2191 ... so the value remains the usual going price.

There are many reasons that split is done. I think one of the reason why this was done so more can invest. For many, its easier to buy at 0.74 per share than 2.22 per share.

This post has been edited by jtdc: Jun 5 2012, 10:10 AM

Yes. The thing here is in FSM, the quantity of the holdings is not yet adjusted even as of this time.

I kinda regret not buying Kenanga before as I was paying for other things. Thanks for the Hwang Fund suggestion though. Could get some for diversification.

will look forward to get. the reason why i only have kenanga growth is for testing FSM + initial dip on local investing.