11 years ago
Wednesday, February 24, 2010
Friday, February 12, 2010
Bursa may see 10% correction
Bursa may see 10% correction
KUALA LUMPUR: The local stock market can expect a 10% correction in the first half-year amid concern that global economic growth is faltering, said Great Eastern Life Assurance (M) Bhd chief investment officer Richard Lin.
Lin said 2010 would be a challenging year for the stock market.
“For first quarter, the market is expected to be volatile,” he said at a luncheon meeting on Saturday.
“It is all a confidence issue now but you will see a single-digit positive performance, if any, this year,” he said.
On Friday, share prices on Bursa Malaysia ended the week lower, with the key barometer falling to its lowest point since Nov 4 last year.
It was dragged down by losses in heavyweights, with sentiment affected by sharp losses on Wall Street and regional bourses.
For the week just ended, the FTSE Bursa Malaysia Kuala Lumpur Composite Index dropped 11.2 points to 1,247.9 from 1,259.16.
Lin said the expected correction should not cause too much concern as it would provide an opportunity for investors.
“Investors remain cautious over China’s monetary tightening and escalating sovereign issue,” he said.
“Although the United States, with mixed economic data, is not a prime factor, it provides secondary nervousness as its corporate sector is measuring up to expectation.”
Lin said for China, monetary tightening was considered necessary.
“As for its long term, China needs to pull back some of this bubble. However, they are not attacking the whole economy,” he said.
He added that China was only attacking certain sectors and this was a good strategy for long-term growth.
“But this is not a new crisis for China’s economy. We consider this a technical correction.”
According to Lin, the Asian market can expect to be stable if China is able to implement a good policy.
“When all these problems are resolved, you will see confidence in the market,” he said. — Bernama
DISCLAIMER:- This email is confidential and intended only for the use of the individual or entity named above and may contain information that is privileged. If you are not the intended recipient, you are notified that any dissemination, distribution or copying of this email is strictly prohibited. If you have received this email in error, please notify us immediately by return email or telephone and destroy the original message. Thank you.
KUALA LUMPUR: The local stock market can expect a 10% correction in the first half-year amid concern that global economic growth is faltering, said Great Eastern Life Assurance (M) Bhd chief investment officer Richard Lin.
Lin said 2010 would be a challenging year for the stock market.
“For first quarter, the market is expected to be volatile,” he said at a luncheon meeting on Saturday.
“It is all a confidence issue now but you will see a single-digit positive performance, if any, this year,” he said.
On Friday, share prices on Bursa Malaysia ended the week lower, with the key barometer falling to its lowest point since Nov 4 last year.
It was dragged down by losses in heavyweights, with sentiment affected by sharp losses on Wall Street and regional bourses.
For the week just ended, the FTSE Bursa Malaysia Kuala Lumpur Composite Index dropped 11.2 points to 1,247.9 from 1,259.16.
Lin said the expected correction should not cause too much concern as it would provide an opportunity for investors.
“Investors remain cautious over China’s monetary tightening and escalating sovereign issue,” he said.
“Although the United States, with mixed economic data, is not a prime factor, it provides secondary nervousness as its corporate sector is measuring up to expectation.”
Lin said for China, monetary tightening was considered necessary.
“As for its long term, China needs to pull back some of this bubble. However, they are not attacking the whole economy,” he said.
He added that China was only attacking certain sectors and this was a good strategy for long-term growth.
“But this is not a new crisis for China’s economy. We consider this a technical correction.”
According to Lin, the Asian market can expect to be stable if China is able to implement a good policy.
“When all these problems are resolved, you will see confidence in the market,” he said. — Bernama
DISCLAIMER:- This email is confidential and intended only for the use of the individual or entity named above and may contain information that is privileged. If you are not the intended recipient, you are notified that any dissemination, distribution or copying of this email is strictly prohibited. If you have received this email in error, please notify us immediately by return email or telephone and destroy the original message. Thank you.
JOIN US - MAAKL MUTUAL BERHAD
WE INVITE YOU TO JOIN US AND EXPLORE THE OPPORTUNITIES AVALAIBLE FOR A UNIT TRUST CONSULTANT EVEN DURING TOUGH ECONOMIC TIMES.
MEET OUR AGENCY LEADERS WHO HAVE BUILT MULTI MILLION RINGGIT UNIT TRUST BUSINESSES WITH MAAKL MUTUAL BHD AND AS A RESULT ENJOY FINANCIAL FREEDOM, A STEADY STREAM OF MONTHLY INCOME AND FLEXIBLE... WORKING HOURS
Wednesday, December 23, 2009
TIPS ON HOW TO CHOOSE UNIT TRUST FUNDS
UNIT trust funds offer an attractive alternative to retail investors, especially those looking for the benefit of diversification with a small pool of capital while enjoying the possibility of earning higher returns compared with conventional savings.
However, a lot of people have the misconception that the diversification nature of these funds means that the risk of investing in unit trust is low and they can just close their eyes and simply pick any of the funds that come along
This misconception has led to many paying high prices in learning that as in any type of investments, investing in unit trust funds requires some basic understanding and research before we commit our hard earned money to it.
In general, we can classify the unit trust funds in the market into two major categories:
income funds and growth funds.·Income funds usually are characterised as providing consistent income to the investors. These funds invest in income-producing stocks or bonds or a combination of both.
Bond funds, equity income funds and money market funds are included in this category.·
Growth funds generally are more aggressive than income funds but have the possibility of earning higher returns by focusing on the objective of long-term capital appreciation rather than income producing or short-term gain.
Examples of growth funds are small-cap funds, commodity funds, index funds and gold funds.Before we start evaluating the funds to invest in, there are two main considerations which are our investment objectives and risk tolerance level.
Every investor invests for his own purpose. If you are investing for your retirement and are already close to retirement age, you should look for income funds that are more predictable
.However, if you are still young and want to save for your children’s higher education, which will be 10 or 15 more years, you may want to look for growth funds that generate higher return but with higher level of risk.Once we are clear on what we are looking for in the investment, we can narrow down our selection to either income or growth category and move to the next step of identifying the most suitable funds within the selected category.
Here are a few key factors to look into when evaluating unit trust funds:·
Investment strategy, policy and holdings: Every fund has its own investment profile. Investors should have a clear understanding of the investment strategy taken in each fund that they are considering to ensure it is consistent with their personal investment objective and risk tolerance level.Even the funds within the same category may have significant differences in risk exposure due to the difference in the investment holdings.For example, the risk exposure in large-cap growth companies is definitely much lower than for penny stock funds.·
Past performance: Investors may look into the past performance trend of the fund to gauge its future performance.However, do bear in mind that good past performance may not be repeated in the future and we should not be overly excited to see one year of good results if the fund is only newly established.A good fund should be the one that has been consistently out-performing its peers, be it during good or bad times.
·Cost: Investors must be aware that when they buy or sell the funds, there are fees and expenses embedded in every transaction.For example, the expense ratio of a small fund tends to be higher than a large fund while a regional or global fund usually will carry higher costs compared with a domestic fund.
·Fund management: The fund management is very important to ensure continuity and consistent performance.If a fund changes management too frequently, it will be very difficult for us to gauge the performance of the fund as different managers will have different styles which may affect the performance of the fund.
For example, if the manager tends to have higher portfolio turnover, then the expense ratio of the fund may increase even though the nature of the fund holdings remains the same.By having good understanding of the above factors, we may be able to make meaningful comparisons among funds that we are interested in to identify the ones that suit us most.
However, a lot of people have the misconception that the diversification nature of these funds means that the risk of investing in unit trust is low and they can just close their eyes and simply pick any of the funds that come along
This misconception has led to many paying high prices in learning that as in any type of investments, investing in unit trust funds requires some basic understanding and research before we commit our hard earned money to it.
In general, we can classify the unit trust funds in the market into two major categories:
income funds and growth funds.·Income funds usually are characterised as providing consistent income to the investors. These funds invest in income-producing stocks or bonds or a combination of both.
Bond funds, equity income funds and money market funds are included in this category.·
Growth funds generally are more aggressive than income funds but have the possibility of earning higher returns by focusing on the objective of long-term capital appreciation rather than income producing or short-term gain.
Examples of growth funds are small-cap funds, commodity funds, index funds and gold funds.Before we start evaluating the funds to invest in, there are two main considerations which are our investment objectives and risk tolerance level.
Every investor invests for his own purpose. If you are investing for your retirement and are already close to retirement age, you should look for income funds that are more predictable
.However, if you are still young and want to save for your children’s higher education, which will be 10 or 15 more years, you may want to look for growth funds that generate higher return but with higher level of risk.Once we are clear on what we are looking for in the investment, we can narrow down our selection to either income or growth category and move to the next step of identifying the most suitable funds within the selected category.
Here are a few key factors to look into when evaluating unit trust funds:·
Investment strategy, policy and holdings: Every fund has its own investment profile. Investors should have a clear understanding of the investment strategy taken in each fund that they are considering to ensure it is consistent with their personal investment objective and risk tolerance level.Even the funds within the same category may have significant differences in risk exposure due to the difference in the investment holdings.For example, the risk exposure in large-cap growth companies is definitely much lower than for penny stock funds.·
Past performance: Investors may look into the past performance trend of the fund to gauge its future performance.However, do bear in mind that good past performance may not be repeated in the future and we should not be overly excited to see one year of good results if the fund is only newly established.A good fund should be the one that has been consistently out-performing its peers, be it during good or bad times.
·Cost: Investors must be aware that when they buy or sell the funds, there are fees and expenses embedded in every transaction.For example, the expense ratio of a small fund tends to be higher than a large fund while a regional or global fund usually will carry higher costs compared with a domestic fund.
·Fund management: The fund management is very important to ensure continuity and consistent performance.If a fund changes management too frequently, it will be very difficult for us to gauge the performance of the fund as different managers will have different styles which may affect the performance of the fund.
For example, if the manager tends to have higher portfolio turnover, then the expense ratio of the fund may increase even though the nature of the fund holdings remains the same.By having good understanding of the above factors, we may be able to make meaningful comparisons among funds that we are interested in to identify the ones that suit us most.
Friday, November 13, 2009
INVEST THE RINGGIT AND SPEND THE SEN
Invest the Ringgit and spend the sen. Happy reading.
1. Gather every financial statement you can.
This includes bank statements, investment accounts, recent utility bills and any information regarding a source of income or expense. The key for this process is to create a monthly average so the more information you can dig up the better.
2. Record all of your sources of income.
If you are self-employed or have any outside sources of income be sure to record these as well. If your income is in the form of a regular paycheck where taxes are automatically deducted then using the net income, or take home pay, amount is fine. Record this total income as a monthly amount.
3. Create a list of monthly expenses.
Write down a list of all the expected expenses you plan on incurring over the course of a month. This includes a mortgage payment, car payments, auto insurance, groceries, utilities, entertainment, dry cleaning, auto insurance, retirement or college savings and essentially everything you spend money on.
4. Break expenses into two categories: fixed and variable.
Fixed expenses are those that stay relatively the same each month and are required parts of your way of living. They included expenses such as your mortgage or rent, car payments, cable and/or internet service, trash pickup, credit card payments and so on. These expenses for the most part are essential yet not likely to change in the budget.
Variable expenses are the type that will change from month to month and include items such as groceries, gasoline, entertainment, eating out and gifts to name a few. This category will be important when making adjustments.
5. Total your monthly income and monthly expenses.
If your end result shows more income than expenses you are off to a good start. This means you can prioritize this excess to areas of your budget such as retirement savings or paying more on credit cards to eliminate that debt faster. If you are showing a higher expense column than income it means some changes will have to be made.
6. Make adjustments to expenses.
If you have accurately identified and listed all of your expenses the ultimate goal would be to have your income and expense columns to be equal. This means all of your income is accounted for and budgeted for a specific expense.
.
If you are in a situation where expenses are higher than income you should look at your variable expenses to find areas to cut. Since these expenses are typically essential it should be easy to shave a few dollars in a few areas to bring you closer to your income.
7. Review your budget monthly.
It is important to review your budget on a regular basis to make sure you are staying on track. After the first month take a minute to sit down and compare the actual expenses versus what you had created in the budget. This will show you where you did well and where you may need to improve.
WILL YOUR EPF MONEY BE ENOUGH FOR YOUR RETIREMENT???
WILL YOUR EPF MONEY BE ENOUGH FOR YOUR RETIREMENT?Much has been written and documented, both locally and overseas, about individuals underestimating how much money they will need for retirement that you’re probably very familiar with the issue! So, the only relevant question now is: Are you going to be one of those unfortunate people?
A typical Malaysian, aged 40, who spends RM60,000 this year maintaining his lifestyle will need an estimated RM108,000 to fund his first year of retirement when he stops working at 55, if inflation averages 4% a year, between now and then. Even if he only lives until he’s 74, he’ll still need an accumulated total retirement fund of RM1.9 million* by the time he’s 55. That is an astoundingly large sum for most people, but if you take sensible steps to make your money work harder, you can move a long way towards achieving that goal.
Thankfully, the Employees Provident Fund (EPF) has allowed you (through the EPF Members’ Investment Scheme described below) to decide how much harder you would like your EPF savings to work for you through judiciously measured and timed investments in unit trusts. A comfortable, fully funded retirement is at stake, so find out more and make your decision today!
*Source: MAAKL PLANNERS (based on the assumption that his portfolio continues to grow by 5% a year during retirement, while his post retirement inflation runs at 4% a year)
ARE YOU SEEKING HIGHER RETURNS FOR YOUR EPF SAVINGS?
The EPF is the custodian of our hard-earned compulsory savings; the policies it makes affects every working Malaysian. According to EPF’s chief executive officer Datuk Azlan Zainol, “Our contributors’ money is protected. Our priority is capital preservation”
(Source: The Edge, Malaysia; 4 April 2005).
If your personal investment objective is capital preservation, then EPF is the perfect place to keep all your future retirement funds. But if your objective is long-term capital growth, you might want to seriously consider the option granted by EPF to allow you to invest in unit trusts.
SO..WHAT IS THIS EPF MEMBER'S INVESTMENT SCHEME?
Since November 1996, all eligible EPF contributors are allowed to withdraw part of their savings to invest in unit trusts through external fund managers appointed by the Ministry of Finance.
MAAKL MUTUAL is an officially appointed Fund Management Institution that offers the EPF Members’ Investment Scheme. Your investment in this scheme will allow diversification of your EPF savings into many possible investment portfolios.
WHY INVEST IN UNIT TRUST???
| Why Invest in Unit Trust? Professional Investment Management The fund managers who take care of your unit trust funds have access to information and statistics from leading economists and analysts. Consequently, they are in a better position than individual investors to identify opportunities for your investment to grow. Diversification Unit trusts allow you to broaden your portfolio. With your nest-egg spread across a basket of securities, your overall investment risks are reduced. Liquidity An investor can sell his units, wholly or partially, at the following trading day's unit buying price. Units have a high liquidity, that is, they can be readily converted into cash. Ease of Transactions Unit trusts provide investors with a simpler, more convenient and less time-consuming method of investing in securities. The paperwork that comes with managing your own portfolio of shares and bonds are handled by the fund manager. Security The interests of unitholders are protected by the appointment of an independent trustee to hold the fund's assets on behalf of the unitholders. The trustee will also ensure that the fund manager will always manage the fund in accordance to the Deed of the fund and the Guidelines issued by the Securities Commission. Affordable and Flexible The minimum initial investment amount is low as compared to investment in shares and/ or bonds. Furthermore, additional investment can be made in even smaller amounts than the minimum investment amount. |
MAAKL DECLARES GROSS DISTRIBUTIONS FOR 3 FUNDS ( CONSERVATIVE FUNDS
MAAKL DECLARES GROSS DISTRIBUTIONS FOR 3 FUNDS ( CONSERVATIVE FUNDS )
Dear Business Partner,MAAKL Declares Gross Distributions for Three Funds§ 3.50 sen per unit for MAAKL Bond Fund§ 3.50 sen per unit for MAAKL As-Saad§ 2.50 sen per unit for MAAKL Money Market FundKUALA LUMPUR,
2 NOVEMBER 2009 – MAAKL today declared gross distributions for three of its unit trust funds for the financial year ended 31 October 2009.
The gross distributions are as follows:Fund Gross Distribution Gross Distribution Yield*MAAKL Bond Fund 3.50 sen 4.18 %
MAAKL As-Saad 3.50 sen 3.21 %
MAAKL Money Market Fund 2.50 sen 2.42 %
*Based on average net asset value per unit from 1 November 2008 to 22 October 2009.All unit holders who maintained their units in MAAKL Bond Fund, MAAKL As-Saad and MAAKL Money Market Fund as at 31 October 2009 are entitled to the distributions.
According to Mr. Wong Boon Choy, Chief Executive Officer and Executive Director of MAAKL Mutual, “We are very pleased to declare gross distributions of 3.50 sen per unit for both MAAKL Bond Fund and MAAKL As-Saad and 2.50 sen per unit for MAAKL Money Market Fund.
”The distributions declared translate into distribution yields of 4.18%, 3.21% and 2.42% for MAAKL Bond Fund, MAAKL As-Saad and MAAKL Money Market Fund respectively.Mr. Wong added, “For the 1-year period ended 23 October 2009, MAAKL Bond Fund, MAAKL As-Saad and MAAKL Money Market Fund achieved a total return of 5.19%, 6.14% and 2.41%** respectively.
Each Fund has managed to achieve its investment objective.”MAAKL Bond Fund seeks to provide unit holders with higher than average returns compared to fixed deposits in medium-to long-term periods by investing in bonds and other fixed income securities with minimum risk to capital invested.
The Fund is designed for investors who prefer a lower level of risk and is suitable for investors who are less concerned on capital appreciation but seek consistent, reasonable and stable income distribution from their investments.MAAKL As-Saad is an Islamic bond fund that aims to provide unit holders with higher than average returns compared to fixed deposits in medium- to long-term periods by investing in bonds and other fixed income securities which are Shariah-compliant.
The fund is designed for investors who prefer to invest in sukuk with a lower level of risk and is suitable for investors who are less concerned on capital appreciation but seek consistent, reasonable and stable income distribution from their investments that comply with Shariah requirements.
MAAKL Money Market Fund is designed for investors who are conservative in nature and are temperament towards risk-reward trade-off. These investors should have short-term investment horizon of less than 1 to 3 years and wish to temporarily liquidate or reduce exposure in equities. The Fund seeks to provide investors with liquidity and current income while maintaining capital stability.**Source: Lipper Global Fund Database, 26 October 2009
Posted by nadirina at 7:28 PM 0 comments Links to
Dear Business Partner,MAAKL Declares Gross Distributions for Three Funds§ 3.50 sen per unit for MAAKL Bond Fund§ 3.50 sen per unit for MAAKL As-Saad§ 2.50 sen per unit for MAAKL Money Market FundKUALA LUMPUR,
2 NOVEMBER 2009 – MAAKL today declared gross distributions for three of its unit trust funds for the financial year ended 31 October 2009.
The gross distributions are as follows:Fund Gross Distribution Gross Distribution Yield*MAAKL Bond Fund 3.50 sen 4.18 %
MAAKL As-Saad 3.50 sen 3.21 %
MAAKL Money Market Fund 2.50 sen 2.42 %
*Based on average net asset value per unit from 1 November 2008 to 22 October 2009.All unit holders who maintained their units in MAAKL Bond Fund, MAAKL As-Saad and MAAKL Money Market Fund as at 31 October 2009 are entitled to the distributions.
According to Mr. Wong Boon Choy, Chief Executive Officer and Executive Director of MAAKL Mutual, “We are very pleased to declare gross distributions of 3.50 sen per unit for both MAAKL Bond Fund and MAAKL As-Saad and 2.50 sen per unit for MAAKL Money Market Fund.
”The distributions declared translate into distribution yields of 4.18%, 3.21% and 2.42% for MAAKL Bond Fund, MAAKL As-Saad and MAAKL Money Market Fund respectively.Mr. Wong added, “For the 1-year period ended 23 October 2009, MAAKL Bond Fund, MAAKL As-Saad and MAAKL Money Market Fund achieved a total return of 5.19%, 6.14% and 2.41%** respectively.
Each Fund has managed to achieve its investment objective.”MAAKL Bond Fund seeks to provide unit holders with higher than average returns compared to fixed deposits in medium-to long-term periods by investing in bonds and other fixed income securities with minimum risk to capital invested.
The Fund is designed for investors who prefer a lower level of risk and is suitable for investors who are less concerned on capital appreciation but seek consistent, reasonable and stable income distribution from their investments.MAAKL As-Saad is an Islamic bond fund that aims to provide unit holders with higher than average returns compared to fixed deposits in medium- to long-term periods by investing in bonds and other fixed income securities which are Shariah-compliant.
The fund is designed for investors who prefer to invest in sukuk with a lower level of risk and is suitable for investors who are less concerned on capital appreciation but seek consistent, reasonable and stable income distribution from their investments that comply with Shariah requirements.
MAAKL Money Market Fund is designed for investors who are conservative in nature and are temperament towards risk-reward trade-off. These investors should have short-term investment horizon of less than 1 to 3 years and wish to temporarily liquidate or reduce exposure in equities. The Fund seeks to provide investors with liquidity and current income while maintaining capital stability.**Source: Lipper Global Fund Database, 26 October 2009
Posted by nadirina at 7:28 PM 0 comments Links to
Subscribe to:
Posts (Atom)
