Tags
2013, aggressive portfolio, equities, funds, fundsupermart, GELNGRF, HWASCAP, investing, investment, investment linked insurance, malaysia, mutual fund investment, mutual funds investment, OSKSBAL
With the announcement of the mid-year bonuses from the company of my day job, I’m planning to increase my overall funds holding. At the same time, Fundsupermart is have a sale of 1% sales charges for a list of selected funds, this make a perfect chance to increase the holdings.
From my previous post, there has been great sell off a midst the announcement of possible QE3 tapering off by the Feds, and most funds are relatively cheap in value, or “reset” as I call it myself to the level that prior of the great bull in recent months. Especially in the Malaysian market due to the General Election.
I chose 1 fund from each of my portfolio (Investment-linked Insurance products, Balanced Portfolio and Aggressive Portfolio) for this “topping-up” activity. And listed down below is the fund I’ve chosen and the reason behind, sort of :p.
- Great Eastern LION Growth Fund (GELNGRF:MK): This is a growth fund, and has been giving me consistent and positive results through out the year. Looking at the recently sell down in various ASEAN markets, the fund is relatively cheap.
- Hwang Select Asian Ex-Japan Quantum Fund (HWASCAP:MK): A same reason as above, and this fund is giving me higher exposure to other Asian countries. This fund is also one of the lowest allocation by percentage of my portfolio, thus with its performance and the regional exposure, I chose this over the others.
- OSK-UOB Smart Balanced Fund (OSKSBAL:MK): Among the funds in the aggressive portfolio, its allocation percentage is lowest. And performance wasn’t as “aggressive” as others due to its nature of being a balanced fund, with chunks of its investment is in the bond area. The retreat of foreign money would most likely causes businesses to look for alternate means of capital, perhaps higher frequency in the bonds trading and thus the chances of price increases.
As you can see, I’ve not mentioned a lot about the intrinsic value of these funds, namely its P/E…etc as what I used to do. It’s because Malaysian market overall has been quite fairly valued, thus other factors playing a bigger part in making my decision, such as bond possible rallies, and regional market bouncing back after those news from the Feds.