Tags
ABIWEFA:MK, Amanah Mutual Berhad Dividend Trust Fund, AMDYMIC, AmDynamic Bond, diversification strategy, dollar cost averaging, HWASCAP, Kenanga Growth Fund, KUTNETF, MAYDVDT, OSKEOPP:MK, RHB-OSK Emerging Opportunity Unit Trust
The portfolio made an overall return of 14.57% since it’s being created in February 2012. It started with AmDynamic Bond (AMDYMIC:MK) and Kenanga Growth Fund (KUTNETF:MK) with monthly contribution which follows the dollar-cost averaging strategy, and when the AmDynamic Bond is fully subscribed, I’ve opted a higher risk fund as its replacement, RHB-OSK Emerging Opportunity Unit Trust (OSKEOPP:MK).
In terms of the diversification strategy I’ve used, there’s been a mixed bag of asset class, regional / geographical and equities type. Here’s a list of diversification I’ve added:
- Islamic market equity with global exposure – Aberdeen Islamic World Equity Fund (ABIWEFA:MK)
- Dividend yielding equities with Malaysia and Asia ex-Japan exposure – Amanah Mutual Berhad Dividend Trust Fund (MAYDVDT:MK)
- Malaysian private debt securities – AmDynamic Bond (AMBYMIC:MK)
- Small & Mid-cap equities with Asian ex-Japan exposure – Hwang Select Asia ex Japan Quantum Fund (HWASCAP:MK)
- Malaysian equities – Kenanga Growth Fund (KUTNETF:MK)
- Malaysian Small & Mid cap equities – RHB-OSK Emerging Opportunity Unit Trust (OSKEOPP:MK)
From this simple exercise, the portfolio is heavily skewed to Malaysian market, which some has called it as Home Bias. Looking at this, I should start to look at rebalancing by changing the allocation of each funds in the portfolio.