151 China Funds in Malaysia

151 China Funds in Malaysia


"Penang-born 'Goldfinger' believes US and China may cooperate out of necessity" (https://www.theedgemarkets.com/article/penangborn-goldfinger-believes-us-and-china-may-cooperate-out-necessity) reported Penang-born value investor Datuk Seri Cheah Cheng Hye:-

• "Many people don't seem to realise, despite the negative news headlines, today, the trading partner of the US is still China, not Canada or Mexico. The two countries are very much mutually dependent on each other. You can't really take away this bilateral relationship overnight. I am looking forward to a situation where they will get back together again," he added.
• "In the case of China, the news has been more positive than I had expected. In early April, I thought China could only look forward to a U-shape recovery. But now, it shows that I was too pessimistic, as China is heading towards a V-shape recovery,” he said.
• Meanwhile, Cheah warned that the current stock market in the US is in a high-risk territory, as its stock valuation is extremely high by any standard, which is a big mismatch against its poor economic performance.
• "You don't need to be a genius to figure that out actually. The price-earnings ratio of S&P 500 is about 23 to 24 times. But the US economy is doing very badly, its GDP (gross domestic product) is likely to be down by 6%-6.5% this year," he said.
• At some point, said Cheah, the financial engineering or bubble economy of the US, whose problems are pushed to the future in order to embark on a fiscal monetary stimulus, "will result in tears", and that made him pessimistic about the US stocks.
• "Value investors should be looking at China-related stocks and bonds, while they should be cautious about US equities. Don’t get me wrong, this is not a political statement, it is just a statement of factual observation," he advised.

China funds in Phillip Mutual's platform

150 Global Technology Funds in Malaysia

150 Global Technology Funds in Malaysia

Refer to "Technology stocks rally could be more powerful than pandemic play" published in theEdge on 22/06/2020 (https://www.theedgemarkets.com/article/technology-stock-rally-could-be-more-powerful-pandemic-play).

• There is nothing that could stop the IT evolution, the deployment of 5G technologies is the way forward — it is exactly this belief that has attracted an influx of bargain hunters to the semiconductor-related stocks on Bursa Malaysia while others are shovelling money to the rubber glove counters.
• Fund managers view that the stellar performance of technology stocks is justifiable, given the significance of the deployment of technologies in more devices that are seen to be developed in the age of Internet of Things (IoT). This will bode well for semiconductor-related players.
• Asset management firm Areca Capital Sdn Bhd’s chief executive officer Danny Wong commented that “it doesn’t matter if the pandemic is here to stay or not, relevant technology stocks will only continue to see growth.”
• “Post-lockdown, people will realise more of the importance of semiconductor especially for the relevance in powering 5G technology and data transmissions and this will be a global phenomenon,” said Lim, adding that the bullish sentiment on the US Nasdaq board has spilled over to Bursa Malaysia. 

Global Technology funds available

149 Healthcare funds in Malaysia

149 Healthcare funds in Malaysia


Potential of healthcare fund

• Aging population
• Newer generation suffers illnesses at younger age
• Medical costs getting higher
• Medical advancement
• Continuing medication for patients
• Health awareness makes younger generation more willing to take precautionary / more advanced medication
• Healthcare is considered essential service during lock-down period
• People's income getting higher
• Medical tourism

Healthcare funds in Malaysia

148 Opening online unit trust account (unit trust with servicing agent)

148 Opening online unit trust account (unit trust with servicing agent)

Introduction

Phillip Mutual has once again stand one step ahead—opening of FAME unit trust investment account (with servicing agent) online. That said, Phillip Mutual has two type of unit trust investment accounts that can be open online.

• Wrap / Non-Wrap unit trust account is our normal unit trust investment account where we agent used to meet client to sign them up by filling forms. Wrap / Non-Wrap account is suitable for clients that need agent's advice on fund selection or switching etc.
• Non-WRAP Account: Higher upfront Service Charge, higher inter-fundhouse switching fee, nil quarterly WRAP fee.
• WRAP Account: Lower upfront Service Charge, nil / minimal inter-fundhouse switching fee, quarterly WRAP fee applies.
• eUnitTrust account is a cost-saving investment account (refer to 147 eUnitTrust — Cost-efficient and convenient way to online unit trust / PRS investing)

Because of Movement Control Order (MCO), social distancing has become a new norm. At least for a short while, investors may not want to go to crowded place to meet an agent to sign up a new unit trust investment account. How wonderful if this step can be done online and future correspondence can be done through phone calls or emails with agent.

147 eUnitTrust — Cost-efficient and convenient way to online unit trust / PRS investing

eUnitTrust — Cost-efficient and convenient way to online unit trust / PRS investing

I have been investing in unit trust (as well as shares) for more than 15 years. In those days, we have to look for an agent to open an account. And every subsequent transactions (redemption, switching etc), we have to meet the agent or go to branch to do it. This means we have to sacrifice our annual leave or weekends to meet the agent to request the transactions.

As time goes by, online investing comes into picture. Unit trust companies is a bit slow to go online. Investment banks (i.e. shares transactions) is quite fast to implement online transactions. That said, I remember the brokerage fee was still quite high (0.47% if not wrong) in the beginning. Then it continue to fall to quite low level today (as low as 0.10% or RM8 per transaction). I used to call my remisier when I want to buy/sell shares, then I try online platform, now I don't use a remisier at all. I still remember my remisier advised me not to use online trading to avoid any wrong transactions.

I kept on wondering when will unit trust investing go online, hoping the service charge will become lower. The norm then (even now) was 5%-6%. At 5%-6% service charge, it means our investment will start make money after the unit trust fund price has appreciate by 5%-6%.

When I knew of Phillip Mutual's eUnitTrust platform, it immediately changed how I invest. Even now in MCO (Movement Conrol Order) period, I have no problem monitoring or perform necessary transactions.

What is eUnittrust?

eUnittrust.com.my (eUT) is the online unit trust distribution platform of Phillip Mutual Berhad (PMB). eUnitTrust is very suitable to investors who are (1) very open to online transaction, (2) do not need agent's service / advice. Besides that, I enjoy some more other benefits.