Michele Fun -Eastspring Unit Trust Consultant

12/03/2025

Here’s a simplified summary of the key points regarding China's new budget and its implications for investors:

1. Stimulus Focus: China's new budget signals a shift towards economic stimulus aimed at keeping GDP growth above 4.5%. The government is prepared to spend significantly to achieve this goal.

2. Increased Deficit: The budget includes an increase in the deficit, suggesting that the government is willing to borrow more to support economic growth.

3. Consumer Support: There’s a strong emphasis on boosting consumer spending, with plans to double subsidies for consumer goods and increase pension payouts. Future measures may include enhancing social safety nets.

4. Real Estate Measures: Local governments may have more flexibility to buy excess housing inventory, which could stabilize the property market. There are also discussions about a national real estate stabilization fund.

5. Central Bank Actions: The central bank is expected to lower interest rates and reserve requirements to encourage borrowing and spending.

6. Support for Private Sector: The government plans to improve conditions for private businesses, including reducing local government tax burdens and ensuring timely payments.

7. Market Resilience: Despite some disappointments in the budget, Chinese stock markets have remained stable, indicating a shift in focus to improving economic fundamentals.

8. Investment Opportunities: Analysts see potential in sectors like consumer goods, technology, and infrastructure, especially as consumption is expected to grow due to high household savings.

9. Geopolitical Risks: Investors should remain cautious of geopolitical tensions, particularly related to US-China trade relations, which could impact market stability.

10. Bond Market Outlook: The environment remains supportive for Chinese government bonds, presenting a potential re-entry point for investors after recent market fluctuations.

Overall, while there are challenges, the government's proactive approach to stimulate the economy and support consumption presents various investment opportunities in the Chinese market.

For full reading,

https://www.eastspring.com/my/insights/market-update/china-a-policy-shift-towards-stimulus

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Implications for Chinese equities and government bonds from the recent Chinese NPC meeting.

21/02/2025

Those with high IQ don't play this game, and those with low IQ also won't play.

This cash flow game is for people has the right IQ, ngam-ngam cukup IQ to play.

I am able to get out of the rat race every time within an hour. I focus in taking opportunity to invest. By investment itself, I get out of it.

📅 Date: 08 March, Saturday
🕒 Time: 9:30AM to 1:00PM (refreshment provided at 9:00AM)
📍 Location: Level 2, Menara Prudential TRX

What’s in it for you?

🎲 Learn by Playing:
The Cash Flow Game is a fun, interactive way to understand the principles of financial freedom. You’ll make decisions about investments, expenses, and income—just like in real life!

💡 Key Takeaways:
✅ Understand the difference between assets and liabilities.
✅ Learn how to create passive income streams.
✅ Develop strategies to get out of the "rat race" and achieve financial independence.
✅ Gain insights into risk management and investment opportunities.

🤝 Network with Like-Minded People:
Connect with others who are passionate about financial literacy and building wealth. Share ideas, strategies, and experiences in a supportive environment.

💬 Who Should Join?
Whether you're a seasoned investor or just starting your financial journey, this game is for everyone! No prior experience is needed—just bring your curiosity and enthusiasm.

🎁 Bonus: Walk away with actionable tips and resources to start improving your financial health today!

👉 RSVP Now:
https://forms.gle/j8RVTg8KAXZS6Bee8

(”Invited by: Michele”)

Only 4 spots available, so secure your spot today! Let’s roll the dice on financial freedom together. 🎲

19/02/2025

Congrats to !

11 accolades at the Asia Asset Management 2025 Best of the Best awards 👏👏

19/02/2025

“Any good kang-tao to invest?”

If you ask me, day day good day to invest. The best way is to invest monthly with a regular investment account. In Eastspring, it’s our Regular Investment Choice Fund (RICh fund account).

He asked, “Does it mean i will become RICh after I invest?”

“No guarantee you will become rich. But I know, if you don’t start investing, you could be poorer.”

He kept debating with me the logic of my statement.

“When I said become poorer, it is due to the inflation. If inflation is at 4%, money in bank not growing by this rate, you’re actually poorer by 4%.”

That’s the normal conversation I had with customers when we introduce them the regular investment account.

I have an investor, who invests a monthly RM200 in this RICh account, since year 2021. He was a customer who contacted me after found me from LinkedIn.

3 weeks prior to CNY in year 2023, he asked me if he could withdraw some money from the RICh account, to use it for CNY preparation. I replied “Yes” and performed a Sell Transaction, he approved it via MyEastspring app.

And every month thereafter, he still continue to invest.

In end of year 2023, he called me to check if he could withdraw another RM1,000, for his mum to perform a cataract surgery. He has some savings in bank but not enough. I did another Sell transaction. He got the money.

Putting the fund performance aside, this discipline of putting aside some money with someone “jaga pintu” helps you to stay invested.

I always cite this to customers, when you invest with us,
_At least we are here to advise you about what to invest
_At least you will find some reason to tell her about the withdrawal. You feel that you have to get a good reason to spend this money. Compare to putting money and manage it yourself where you take it out anytime without being accountable.

It is all about being disciplined.

When you are earning RM48,000 per year, and determine to save 10% of it. Do you have RM24,000 in savings after 5 years?

Let’s not debate about you have a better place to earn more returns.

Let’s not talk about how investing in stocks save more fees.

Let’s check your savings, if you have been working for 5 years, do you at least have RM24,000 there?

Majority of people we approached don’t have it. I checked with 20 of my customers this 2 weeks, they have the intention, but not the method to do so. They don’t have that much in savings.

So, Regular investment account then, become one of the method to save money.

More info about RICh fund, https://lnkd.in/g4wzv8PR

If you’re interested to start investing , please feel free to contact me.

10/08/2024

A good investment product should be like this.
Nothing fancy but yet reliable and able to give consistent performance over time.
Nothing sexy but yet stand the test of time.
Building your investment portfolio is about being realistic and have something simple to reach your goal.

17/07/2024

IMF recent updates states that growth from both India and China will account for almost half of global growth this year.

Eastspring newly launched Dragon Peacock Fund is one fund that focuses is these 2 super countries China and India.

Connect me
For more info

Asia’s growth is driven by China and India, offering unique investment opportunities. China focuses on domestic consumption and innovation, while India, the fastest growing economy with a vast working-age population, is becoming indispensable. Together, they present a diverse and robust investment landscape.

🌏💹 Now, you can be part of these economic powerhouses in Asia by investing in Eastspring Investments Dragon Peacock MY Fund (“Fund”).

🔗 Click this link to learn more about the Fund: https://www.eastspring.com/my/funds-and-solutions/eastspring-investments-dragon-peacock-my-fund?fundcode=E80M

Disclaimer: All investments are subject to investment risks. Before you begin, please take the time to read and fully understand the Fund and risks involved: https://www.eastspring.com/my/funds-and-solutions/eastspring-investments-dragon-peacock-my-fund?fundcode=E80M

20/06/2024

Malaysia stock market is among the better performing markets in Asia.
Some Malaysia equity funds are providing double digit returns and small cap funds have also been performing well.

14/06/2024

Income distribution

Eastspring Investments Berhad is pleased to declare income distributions for 4 funds for June 2024.



Disclaimer: Past performance of the funds/Eastspring is not indicative of future performance. All investments are subject to investment risks. Before you begin, please take the time to read and fully understand the risks involved: https://www.eastspring.com/my/disclaimer

09/06/2024

Malaysia have done well 1st half of 2024, proving that while we need to diversify our portfolio, we should still have some Malaysia equities within our portfolio as well.

Feel free to contact me for a portfolio review.

22/05/2024

India's long-term economic reforms appear to be bearing fruit and unlocking untapped growth potential. Delve into an overview of India's post-independence economic growth and reform, and explore the key factors we believe will play a crucial role in unlocking India's future potential.

India’s economy is of global importance. It is already the fifth-largest economy in the world and a key contributor to global economic growth, yet there is still considerable untapped potential. It has a large and young population, and an open and democratic political system. Although it has more than a sixth of the world’s population, India currently produces only 7% of the world’s output.

Real gross domestic product (GDP) growth in the past decade averaged 5.8%, and the International Monetary Fund (IMF) forecasts growth of 6.3% for the next few years.

17/05/2024

The tax incentives, if implemented may be another boost to the China economy. So far this year, China equity funds have been gradually recovering, prompting investors to relook into China funds again.

To all investors, time to relook into china funds 💘

https://amp-scmp-com.cdn.ampproject.org/c/s/amp.scmp.com/business/markets/article/3262428/hong-kong-mainland-china-tax-waivers-win-win-capital-markets-development-experts-say

17/05/2024

A good read for the weekend.

Recently when I met investors and shared views that global economy has expanded steadily, led by strong US growth, they wouldn’t believe.

It’s not that bad as you think. Stop judging the economic based on your own sentiment of the market.

Read more.

🪭🪭
Contact me if you wish to start investing.

Eastspring’s Multi Asset Portfolio Solutions team maintains its positive outlook on global equities for now based on the near-term strength of the US economic data. Read more.