Fundsupermart

FRM
Fundsupermart.com

91.5
4.6%
1.8%
2.1%

Gary P. Brinson, L. Randolph Hood, and

Gilbert L. Beebower, Determinants of Portfolio
Performance, The Financial Analysts Journal,
July/August 1986.


$100,000
5%

Fundsupermart.com

5%


$100,000
20%

20%

$80,000 x 1.2 = $96,000 < $100,000

25% $80,000 x 1.25 = $100,000

Fundsupermart.com


$100,000
50%

50%

60%

50%100%

$100,000

$95,000

5%

5%

$90,000

10%

11%

$80,000

20%

25%

$50,000

50%

100%

$20,000

80%

400%

$10,000

90%

900%

Fundsupermart.com

(Warren Edward Buffett)

Never lose money

Never forget rule No. 1
: The Story of Warren Buffett, 2006 Literary Edition


A:
B:
C:

Correlation

(Correlation Coefficient)

+1

-1

20

MSCI

200
500

200

MSCI
0.709

0.671
500
MSCI
0.789

MSCI 225

SENSEX KLCI

0.709

0.671

0.789

0.572

0.647

0.786

0.463

0.386

0.636

0.704

0.481

0.889

0.856

0.424

0.730

0.636

0.895

0.451

0.598

0.714

0.286

0.389

0.704

0.895

0.710

0.645

0.780

0.305

0.431

225

0.572

0.481

0.451

0.710

0.394

0.535

0.173

0.257

0.647

0.889

0.598

0.645

0.394

0.764

0.292

0.592

0.786

0.856

0.714

0.780

0.535

0.764

0.706

0.604

0.463

0.424

0.286

0.305

0.173

0.292

0.709

0.273

0.386

0.730

0.389

0.431

0.257

0.592

0.604

0.273

SENSEX

KLCI

Source: Bloomberg as from Sept 1989 to Sept 2009

MSCI 500 MSCI

225
0.737
0.056
0.397
0.651
0.208
0.475
REIT

0.686
0.543

iBoxx

0.151

-0.477

-0.444

-0.145

RJ/CRB
Moodys/REAL CPPI

0.050

-0.234

-0.048

0.053

0.092
0.311

0.005
0.293

0.150
0.505

0.031
0.248

0.014

0.011

-0.068

-0.017

LIVX 100
KICK

0.536

0.754

0.755

0.487

0.217

-0.047

0.220

0.158

Source: Bloomberg as from 31 Dec 2007 to 31 Dec 2008

Source: Investopedia.com

90%

10%

80%

20%

100%

0%

50%

50%

40%

60%

60%

40%

10%

90%

0%

100%

20%

80%

4%

16%

2%

20%

8%
17%

33%

6%
7%
3% 5%
3%

5%

2%

5%

6%

3%

19%

4%

27%

5%

...

RSP)

4.6%



Contrarian

:(%)(%)

Fundsupermart.com

--
Source: Bloomberg

Credit Default Swap)

Source: Bloomberg

Source: Bloomberg

Man AHL Diversified Futures Ltd ()

Fundsupermart.com


Man AHL Diversified Futures Ltd (USD)


Man AHL Diversified Futures Ltd (USD)

20112

...


10-20%

:
:

5.3%
4.9%
-

8.6%
4.5%
17.6%

10.3%
22.0%
12.4%
13.2%
6.2%
11.4%
4.5%
69.6%
6.0%
5.1%
5.1%
3.9%
20.1%

6.6%
8.7%
15.4%
10.4%
39.0%
30.7%

24.8%
12.9%
12.2%
4.1%
8.7%
3.3%
66.0%
3.4%
3.4%
89.7%

80.1%
19.9%
19.9%
-

69.3%

19.9%




20

Fundsupermart.com

19982008

12

Fundsupermart.com


1.
2.

3.

4.

()
/
/