152 Gold Funds in Malaysia

152 Gold Funds in Malaysia

I am not a fan of gold investment.

Gold prices has gone up from USD1500 to USD1800 per ounce since the beginning of this year. The historical chart and returns shown below are taken from goldprice.org.

Total returns for 20 years is 549.62%, meaning annualised returns for 20 years is 10.3%. Not bad indeed.

That said, however, the investors has to endure for the past ten years. The current price is back to the peak around 2011-2013. I remember a friend asked me back then whether she should buy gold. I remember telling her I am not a fan of gold. I think she bought into it still but I am not sure does she still hold it till this date.

Normally, gold price will go up in times of uncertainty. So the current trend is due to Covid-19? In today's fund briefing by a local fund house, their opinion is the US presidency elections, and the Covid-19 pandemic may bring uncertainties in the near future. So, for investors who might be looking for some hedge against any uncertainties, gold fund could be part of the portfolio.

So, let's say an investors wants some gold fund, what options he/she has?

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.