Vanguard Total World Stock Index Fund ETF (49.6%):
This will act as my base-camp fund with a target investable allocation of 70%. It is a highly diversified market cap weighted ETF that invests in about 9000+ companies across the world. As of Apr-2022, this ETF invests 60% USA, 15% Europe, 15% Developed Asia Pacific & 10% Emerging Market. Naturally, it holds mostly large cap stocks but still does have some mid & small caps in the basket.
RHB Cash Management Fund 2 (11.6%)
This is a combination of my emergency & sinking fund. It is six times of my monthly expense which equates to 6 x RM7,200 ≈ RM43,000 and this value will be fixed. It will earn an interest of about 2% p.a. (depending on the interest rate set by Bank Negara Malaysia). When I take any cash out of this fund, I will make it a point to top it back up to RM43k at a rate of RM1k/month. Vice versa, if the fund starts to overflow due to earnings from the interest rate, I will transfer the extra into any of my investment vehicles. This unfortunately, has yet to happen, lol.
United ASEAN Discovery Fund (9.3%):
This is an attempt to diversify from my base camp fund. As the title suggests, this fund focus its holdings in ASEAN stocks with 70% into small & medium cap stocks and 30% into large cap stocks. Some weight is put into this fund because I believe South East Asia is still a developing region with a lot of growth potential.
Manulife Investment Asia Pacific REIT Fund (8.8%):
Real Estate gets very little allocation (3%) in my 'base camp' fund. So the purpose of this fund is to add a bit of weight into real estate. REITS mainly invests into offices, shopping malls and industrial spaces. Many signs point to the boom in entrepreneurship and that will increase the demand for office space. Besides that, the 'mall culture' is very much alive and well especially in South East Asia where it is mostly hot & humid all year round. The shopping mall provides a cool indoor location for us to hang out, chill, eat and maybe actually shop.
Company Stock Option (8.4%):
Holding such a huge % of my portfolio in this single company stock goes against the rule of portfolio diversification. Common sense dictates that I should liquidate half of my holdings and distribute them into any of my other mutual or index funds. That said, I have held onto this stock for a solid 12 years now and it has given me a very healthy 13% p.a return. Also, I do believe that this company (Industrial in Europe) has a lot of potential in the renewable energy sector. It is also worth noting that since I first purchased these shares back in 2010, I have made zero additional contributions.
Principal Greater China Equity Fund (8.2%):
This is another attempt to diversify from my base camp fund. This fund invests into large cap companies in Greater China (China, HK, Taiwan & Macau). Although the hey days of China stocks with 20% p.a. return may have long gone but I reckon it would still be wise to invest in that side of the world.
P2P Lending (0.5%):
This one is just painful to speak about just because I was (past tense) an avid proponent of this investment tool. I invested in P2P Lending for 3 years (2017 - 2020) and the overall returns stands at a dismal -1% p.a. Yes, negative. The main issue is although I do make an average net 10% p.a. return per note, one default (which happens quite often) can quickly wipe out all my gains (and principal!). This really is an equivalent to investing in junk bonds which I only later found out is frowned upon in rational investing. Hence, all incoming note repayments will be redistributed into my other active funds.
Cash/Bank Equity (3.7%):
I do try my best to minimize the % of this but unfortunately, a fixed amount of cash has to be set aside for the usual monthly deductions (investments, mortgage, bills, insurance, credit card, etc). I have also set aside RM10,000 of liquid cash for any high urgency emergencies.
AmBond Fund (Held 19 mths, Exit Apr-2022 with RM35.2k, XIRR -1.41%):
So boys and girls, let this be a lesson to you all. Don't hold your emergency funds in a bond fund. In this period where the bond fund did poorly, I had to make a few major withdrawals mainly to fund the renovation of my home. Being forced to withdraw from your fund while it is at its low is not a good feeling. My emergency fund will now be moved back to a money market fund (RHB Cash Management Fund).
United Global Quality Equity Fund - MYR Hedged (Held 28 mths, Exit Apr-2022 with RM52.2k, XIRR 7.93%):
This fund acted as the 'base camp' of my investment portfolio. It actually did quite ok versus the VT benchmark. However, it announced that it was no longer receiving any fresh funds beginning from Apr 2022. I could have kept this fund on the sidelines but in the interest of keeping my portfolio tidy, I decided to just transfer all of it into VT (Vanguard Total World Stock Index Fund ETF).
TA Global Technology Fund (Held 28 mths, Exit Apr-2022 with RM50.2k, XIRR 14.23%):
Time-proven investing philosophy is that sector rotates and it is never a good idea to overweight a particular sector. While the tech sector have done very well for the past decade, I do think it is more prudent to dilute my holdings here and dump them all into a more diversified portfolio - VT (Vanguard Total World Stock Index Fund ETF).
StashAway Highest Risk (Held 34 mths, Exit Apr-2022 with RM51.8k, XIRR 8.20%):
This index fund has gone off tangent from my initial goal of this fund, which was to hold USA-based ETFs. This fund was actually looking more like an actively-managed ETF fund with 're-optimizations' occurring twice a year. I decided to just transfer them all to VT (Vanguard Total World Stock Index Fund ETF).
Bitcoin (Held 34 mths, Exit Jul-2020 with RM2.7k, XIRR 11.26%):
I was working on my legacy planning on July 2020 and realised that there could be complications with passing over my Bitcoin holdings to my nominee. For that reason, after 3 years of HODL-ing, I have decided to exit all my position in Bitcoin and transfer them over to something more transparent in the eyes of the law.
Rakuten Trade - Bursa Stocks (Held 36 mths, Exit Feb-20 with RM12.9k, XIRR 1.0%):
Before the closure of this account, I had about 5% allocated in here. It initially served as a 'mad money' account to dabble in local Malaysian stocks. Every month, Rakuten would come up with an Investment Ideas article where it recommends a company stock to hold long term. When any one of its recommendation piqued my interest, I would fork out RM500 to buy its stock. Three years and 25 stocks later, I made a gain of only 1% p.a. Although five of the stocks made outstanding gains (100 - 200%) but the other 20 stocks made losses (10 - 20%) and thus dragging my overall earnings down. Clearly, this signals the end of my stock picking days. All funds have been transferred to StashAway since Feb 2020.
Fixed Deposit (Held 28 mths, Exit Feb-20 with RM37.4k, XIRR 2.9% p.a.):
I used to keep my emergency funds in here but have since transferred them to RHB Cash Management Fund. The RHB money market fund yields a slightly higher return (extra 0.25% p.a) so I figured why not take advantage of that. Bear in mind that I will also slightly loose out on flexibility as it takes 1 - 2 days to withdraw my money from the RHB fund as opposed to Fixed Deposit (immediate withdrawal).
Kenanga Growth Fund (Held 28 mths, Exit Jan-20 with RM9.4k, XIRR -2.8%):
At the time of investment (Aug-17), this fund was quite a highly-ranked Malaysia only fund. I did enjoy a fair bit of gains for the first 6 months but it was all downhill from Jan-18 on wards. The year 2018 was a given as the global economy was in a slump. But come year 2019 when most other funds rebounded back to the green, this fund continued to struggle in the red. For a 'highly ranked' fund, this was pretty dismal. After 2.5 years of holding onto this fund, I sold all of my holdings on Jan-20. Past performance is definitely not indicative of future returns. In hindsight, I was actually too heavily invested in Malaysian equities with PSSCF and PeFAF.
Public Strategic Small Cap Fund - PSSCF (Held 34 mths, Exit Jan-20 with RM19.1k, XIRR -3.1%):
Frankly, I got into this fund in Feb-17 just because of the popular notion of 'high risk, high returns'. I mean, what is more high risk than small cap companies, right? The fund had 70% invested in Malaysia and 30% in other Asian countries, all small caps. A valuable lesson from this is definitely not all high risk investments equate to high returns, especially very high risk ones.
Public e-Flexi Allocation Fund - PeFAF (Held 29 mths, Exit Jan-20 with RM24.8k, XIRR -1.5%):
I got into this fund in Jul-17 because of its (relatively) low sales charge of 3.75% without understanding the prospectus. It was only (very) later that I found out this was invested in 70% Malaysian equities and 30% money market fund. As my goal was to be fully aggressive, it does not make sense to have my investment in money markets. I mean, it did outperform its counterpart (PSSCF) thus proving that low fees definitely do help with returns. Besides switching from Public Mutual to FSM, I exited this fund because it was not in line with my aggressive goals.
Public Lifestyle & Technology Fund - PLTF (Held 16 mths, Exit Jan-20 with RM8.3k, XIRR 16.7%):
The IT sector was gathering steam so I decided to enter this fund on Aug-18. The bet definitely paid off and I am quite happy with this fund! I exited this fund (and all funds in Public Mutual) because the 5% sales charge was eating away at my profits. I am still continuing my bet in this sector in the form of TA Global Technology Fund in FSM.
Public Singapore Equity Fund - PSGEF (Held 101 mths, Exit Jan-20 with RM51.7k, XIRR 4.7%):
This was my first ever mutual fund investment which started on Jun-11. Can't believe I consistently contributed RM300/month for 9 years before exiting this fund in Jan-20. I selected this fund just because it was the newest fund when I began investing into mutual funds. It is too bad that Singapore equity has been stagnant since forever.
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