The majority of our funds outperformed their peer group averages over the past 10 years.
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Category: Lifestyle
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Performance report: Vanguard funds outperformed peers over long haul
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Unraveling a global active bond fund’s return
In this new podcast, we discuss global active bond funds, key factors that explain their return variations, and what to consider before investing in them.
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The secret to financial happiness
Jonathan Clements, author and former “Wall Street Journal” columnist, tells you how you can reach financial success in 11 weeks.
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How much individual stock exposure is too much?
Should your portfolio be over-weighted in one stock?
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Your Investing Life™: Starting a new job
Starting a new job is the perfect time to begin preparing for retirement.
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Your Investing Life™: Getting ready to buy a house
Here are some tips to help you prepare for what could be the biggest purchase you’ll ever make.
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Police close four roads in PJ
KUALA LUMPUR: Police today closed four roads in the Petaling Jaya area under the Movement Control Order (MCO).
They are Jalan 5/46 Gasing Indah (Petaling Jaya); Jalan Persiaran Mahogani (Section 9); Jalan Persiaran Jati (Section 8); and Jalan Persiaran Sungai Buloh (TSB) in Kota Damansara.
Petaling Jaya District Police chief ACP Nik Ezanee Mohd Faisal said the closures were to control the movement of residents and reduce the risk of Covid-19 infection.
He said motorists could use alternative routes like Jalan Pantai-New Pantai Expressway (NPE), Jalan Persiaran Kenanga-Kota Damansara Toll, Jalan Persiaran Surian-Palm Spring Kota Damansara and Jalan Persiaran Tropicana-Casa Tropicana.
“After 11 days of the MCO, we found that people are beginning to get used to it and becoming more responsible, although there are defiant individuals who used alternative routes to avoid the six road blocks that have been set up,” he said in a statement today, adding that the road closures were being carried out after reviewing the Health Ministry’s infection trend and statistics.
He, however, said that the closed roads could still be accessed by ambulances, police vehicles and those from the Fire and Rescue Department and Petaling Jaya City Council.
“We suggest that those affected by the closures obey the MCO and be patient in facing the difficulties in a bid to stem the spread of the virus,” he said, adding that four personnel would be stationed at each road closure for 24 hours daily. — Bernama
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Malaysia receives medical equipment supply from China
PUTRAJAYA: Backed by a strong relationship between the two countries, China showed its empathy to Malaysia in combating an invisible enemy, Covid-19, by contributing a consignment of medical equipment.
The consignment consisted of 100,000 units of n-Cov PCR test kits, 100,000 pieces of N95 Medical Protective Face Masks, 500,000 pieces of 3-ply surgical masks, 50,000 sets of Personal Protective Equipment (PPE) and 200 units of ventilators.
The consignment was handed over by Chinese Ambassador to Malaysia, Bai Tian to Foreign Minister Datuk Seri Hishammuddin Tun Hussein, at Wisma Putra here today.
Hishammuddin expressed Malaysia’s deep appreciation for the invaluable support of the Chinese government which clearly reflected the strong partnership between the two countries.
“This is an extraordinary contribution by a country to Malaysia, showing the close friendship, solidarity and consideration both Malaysia and China share.
“To China, it is my promise that Malaysia will make full use of these items and they will be immediately handed over to the National Disaster Management Agency (Nadma) so that our frontliners who have worked tirelessly will be prioritised in their distribution,“ Hishammuddin said at a press conference after the handover ceremony, here today.
He said, prior to today’s donation, Malaysia had received multiple donations from various provincial governments, non-government organisations, business community and individuals from China.
Meanwhile, Bai Tian said the Chinese government had paid very special attention when Prime Minister Tan Sri Muhyiddin Yassin and Hishammuddin expressed their worries about the lack of medical needs in Malaysia, and had succeeded in raising the most urgently-needed medical materials for this country.
“As a good neighbour and close friend of Malaysia, China feels how Malaysia feels, because in the past two months, China had also gone through a strenuous battle against Covid-19.
“The Chinese government and people will never forget how the Malaysian government and people had extended their helping hands during our darkest hours in the battle against Covid-19,“ he said.
Bai Tian said the batch of medical supplies had arrived in Malaysia, and hoped that these materials would help in the fight of the Malaysian government and people against the epidemic.
Besides medical supply, Bai Tian said China would also offer the support of a Covid-19 medical expert team from China, which could come here and work hand in hand with their Malaysian colleagues.
When asked how many and when would the doctors from China arrive here, Bai Tian said it all depended on the request from Malaysia.
“We want to know the actual need on the ground from the hospitals in Malaysia because we have experts from different areas like infection diseases, respiratory and ICU Cares.
“We are ready to offer the best practises and knowledge,“ he said. — Bernama
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Govt needs over RM50m to bring back Malaysians from US, UK, says Hishammuddin
PUTRAJAYA: The government will need more than RM50 million to bring back Malaysians from the United States (US) and the United Kingdom (UK) if the two countries implemented travel restrictions, said Foreign Minister Datuk Seri Hishammuddin Tun Hussein (pix) today.
Therefore, he said those who are still in both countries and wish to come back should fly home now while commercial flights are still available as well as to avoid unnecessary complications later.
“Don’t wait until there is a lockdown in these two countries, and then come running to the government and Wisma Putra to ask for help bringing them back,” he told reporters after witnessing the handover of medical equipment from the Chinese government to Malaysia here today.
Hishammuddin outlined two issues that the government had to face in addressing the Malaysians stranded overseas problem.
“First, the lockdown in the host country. That can only be resolved (through) G-to-G (Government-to-Government (effort), and that can only happen if Wisma Putra has strong bilateral ties with these countries,” he said.
“Second problem (is), even if we have the landing rights and we have the agreement from the (foreign) governments to allow our planes to come in, we need an allocation to charter planes and the amount is not small,“ he added.
Hishammuddin further added that in the case of bringing back Malaysians from the US, Wisma Putra estimated some RM50 million was needed to fund the initiative.
“That RM50 million could be spent on buying equipment, medication for Malaysians in need. So please understand, Malaysians who are overseas, that (the issue) is not just about allocation.
“Come home now if you want to come home, don’t come home after the lockdown is implemented as the numbers (of Malaysians) in the US, especially, is huge,“ he said.
It was reported that US recorded over 100,000 confirmed Covid-19 cases as of yesterday. — Bernama
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Gardenia increases production by 5% to meet high demand
SHAH ALAM: Gardenia Bakeries (KL) Sdn. Bhd has increased its production to 2.2 million loaves of bread a day through its five factories operating 24 hours a day.
Its senior general manager Desmond Tan said the production was a five per cent increase in total production before the implementation of the Movement Control Order (MCO).
“This supply is able to meet 60% of the demand for bread from all over Peninsular Malaysia, other bread brands have also been in high demand since the Movement Control Order was implemented,“ he said after welcoming Deputy Minister of Domestic Trade and Consumer Affairs (KPDNHEP), Datuk Rosol Wahid who visited the factory here today.
He said despite the increase in bread production, it has always complied with standards set including aspects of cleanliness, delivery and date of expiry.
In the meantime, Rosol has agreed that retailers carry out their own limited bakery purchases according to the needs of their localities so as to look after the welfare of others. — Bernama
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