ASNB TARGET LABUR

[Sponsored Post] How to use ASNB Target Labur to achieve your financial goals!

Do you have a financial goal in mind, and would like some form of accountability to help you achieve the goal?

If your answer is a YES, I think you will like the new Target Labur feature from ASNB!

RELATED READ: What is ASNB and how to invest in it? 

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What is Target Labur from ASNB?

ASNB Target Labur is a goal-based investing feature within the myASNB app.

Through Target Labur, you can plan your financial goals, where you'll be given suggestions on how much to invest monthly in their goals. 

In addition, you are able to track the progress of your goals easily with Target Labur to stay accountable to your goals.

Through Target Labur, ASNB aims to encourage more Malaysians to build healthier investing habits and achieve their financial goals.

asnb target labur
Source: ASNB

How to use ASNB Target Labur?

ASNB Target Labur is open to all investors of ASNB funds within the myASNB portal or app.

  • If you are totally new to ASNB (ie. Have not purchased any ASNB fund before), proceed to download the myASNB app to open an ASNB account. Once you have opened an account and purchased your first ASNB fund, you will be able to use the Target Labur feature.
  • If you are an existing ASNB investor that does not have a myASNB account yet, definitely download the myASNB app and complete a short e-KYC process. Once that is done, you will be able to access the Target Labur feature.

Next, let’s go through how to use the Target Labur feature:

Step 1: Click on Target Labur in your myASNB app

ASNB Target Labur
Access the Target Labur feature within the myASNB app.

Step 2: Select a suggested goal, or feel free to create your own customized goal!

ASNB Target Labur
Select or customize your own financial goal via Target Labur!

Step 3: Key in the target amount & date to achieve your goal.

Then, set a return expectation for your investments. Do note that this is only a reference, and does not serve as an indication of future returns.

ASNB Target Labur

Step 4: You will be given suggestions on how much to invest monthly based on your goals.

This suggestion is made based on certain key factors and assumptions. I highly recommend you to read them up by clicking on the ‘basis of calculation’ section.

ASNB Target Labur

Step 5: Once you have started your goal, you will be able to track your progress easily through the myASNB app.

If you need a tutorial on ASNB Target Labur, definitely watch their tutorial HERE.

ASNB Target Labur
Track your goals easily via Target Labur

#JomLabur Campaign – Win attractive prizes through Target Labur!

Looking to start achieving your financial goals with ASNB Target Labur?

Now’s the best time to do so as you stand a chance to win attractive prizes worth up to RM200,000!

From 8th October 2021 to 31st March 2022, ASNB is running a #JomLabur campaign to encourage Malaysians to use the Target Labur feature in the myASNB app.

It’s really easy to participate in the #JomLabur campaign:

  • Create 2 goals worth at least RM5,000 each via the Target Labur feature in the myASNB app.
  • Winners will be randomly selected in accordance with the terms and conditions of this campaign.

You can learn more about the terms & conditions of the #JomLabur campaign HERE.

ASNB jomlabur campaign


No Money Lah’s Verdict

ASNB has been a go-to investment for many Malaysians. With the introduction of the Target Labur feature, it’ll certainly help encourage a better investing habit among us all.


ASNB Target Labur FAQ

  1. Is it mandatory for ASNB investors to use the Target Labur feature?

Target Labur is a facility within the myASNB app aimed at encouraging healthy investment habits. It is not mandatory for myASNB app users or ASNB investors to use the Target Labur feature.

  1. Is there a limit on the number of goals you can create?

There is no limit to the number of goals a person can create, though the maximum target value per goal is fixed at RM100,000,000.

  1. Can I redeem the funds once it is allocated to Target Labur?

Allocation does not mean ‘locking in’ - you are in complete control of your funds and can redeem as necessary, in accordance with redemption policies.

  1. If I delete a goal in Target Labur, will I lose my investments allocated to it?

Deleting a goal does not impact your investments in ASNB products. Deleting a goal simply allocates it to general savings or allows you to allocate your investments to other goals.


Disclaimers:

Target Labur investing is only for the purpose of simulation, and should not be construed as investment advice or financial planning. This facility is designed to assist you in determining the appropriate monthly investment in order to achieve your financial targets.

ASNB is not responsible/liable and does not guarantee the accuracy of the figures calculated. The figures calculated are for illustration only and shall not be regarded as recommendations or solicitations towards the buying or selling of ASNB’s products. Investors are advised to read and understand the Electronic Prospectus(es) and its Supplementary Prospectus(es) (if any) as well as the Product Highlight Sheet prior to making any investment decision. If in doubt, please consult a professional advisor


How to Make your First Trade on Rakuten Trade?



Rakuten Trade is my go-to broker when it comes to investing in the Malaysia stock market. In addition, it has also introduced US stock trading for Malaysians in January 2022.

In this article, I am going to share a simple step-by-step guide on how to execute a transaction on Rakuten Trade, and explain some key terminologies along the way (Don’t worry it is very straightforward once you get it!).

Before this, here are some posts that you might find useful:

[LIMITED-TIME PROMO] 1/7/2022 – 31/12/2022: Get 1,000 RT points MONTHLY (worth RM10) to offset your brokerage fees with just a few simple steps! Find out more at the end of this article!

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Step-by-Step guide to Buy a Stock on Rakuten Trade

 

Upon logging in to your Rakuten Trade account for the first time, you will have to first fund your trading account using the funding methods available. In short, the easiest method is to fund your account using your savings/current account.

 

Step 1: Search for the stock that you want to buy at the search bar.

 

Step 2: Click ‘Buy

At the order page, there are a few key sections that you got to familiarize yourself with:

1 – Trading Limit: How much capital you have to invest.

2 – Market Price: The price where a share is traded most actively between buyers & sellers.

3 – Best Buy & Best Sell Table (Market Depth): This table shows us what is the price that the people are lining up to buy/sell and the volume.

The more volume it is for a price, it means that the faster you will be getting it once you execute an order. (eg. You will be able to buy at RM1.28 immediately compared to trying to buy at a lower price of RM1.27)

4a – Board Lot & Odd Lot:

Board lot means you buy in a minimum multiple of 100 units. (1 Board Lot=100 units of shares, RM1.28*100=RM128)

Odd Lot means you can buy in a multiple of 1 unit.

•Since more people will buy in Board Lot, your order will usually be filled easier compared to buying in odd lots.

4b – Quantity:

•If you buy in Board Lot, your quantity will be in the multiple of 100. (eg. Put 2 if you want to buy 200 units of shares)

•Odd lot means you are free to key in any number of units that you want. (eg. Key in 88 if you want to buy shares in 88 units)

5a – Order Type:

  • Limit Order: Queuing to Buy LOWER than market price. (if you are selling means you are queuing to Sell HIGHER than market price)
  • Market Order: Buying or selling at MARKET PRICE. (order will be fulfilled almost instantly)

5b – Limit Price (not available if ordering at market price):

  • The price you want to buy below the market price. (eg. Queuing to buy cheaper at RM1.26 instead of the market price of RM1.28)
  • Note that buying below market price may not 100% guarantee that your order will be fulfilled.

6 - Validity (only available if buying/selling via Limit Order):

  • Day: Your order will be canceled if it is not fulfilled by day end (5pm). (eg. If you queued at RM1.26 but did not get fulfilled, then your order will be canceled by 5pm the same day)
  • Good-Till-Date (GTD): You can decide the validity of your order. (eg. You queue for the price of RM1.26 until X date)

7 – Trading Pin: Your numbered pin to approve your trade. (Set when you open your account.)

You have successfully made your first transaction!

Step 3: Fill in the details of your trade, your Trading Pin and click Confirm Order.

Note:

1. Decide if you are buying Board Lot or Odd Lot.

2. Decide your Quantity.

3. Decide your Order Type.

4. Key in your trading pin.

5. Confirm Order.

6. Wait for your order to be filled.

And we are done! This is how exactly you can buy your first stock via Rakuten Trade.


KLSE Market Operating Hours

The market is open from Monday to Friday, except for public holidays. Details on active market hours are as stated below:

Stock market operating hours

Rakuten Trade Referral Link for New Users

 

Rakuten Trade Referral Link

If you are keen to open a Rakuten Trade account, consider using my referral link below! For that, you'll get:

  • 1000 Rakuten Trade (RT) points worth RM10 to offset your brokerage fee.
  • + 150 RT points when you deposit a min. of RM5,000 within 5 days.
  • + 150 RT points when you transfer your shares from other brokers to Rakuten Trade.
  • + 1x brokerage fee rebate when you place your 1st trade within 30 days after your account is activated.

Aside from that, Rakuten Trade users get +1 RT point for every RM2 brokerage paid! Click HERE for the full T&C on RT points

Open a Rakuten Trade Account Today!

Select 'NoMoneyLah' under 'Educator' to get your RT points!
Select 'NoMoneyLah' under 'Educator' to get your RT points!

How can you use these RT points?

These RT points are amazing, as they can be converted into BIG Points, which are redeemable for rewards. Even if you are not a fan of BIG points, Rakuten Trade often runs campaigns with companies such as HelloGold and Tokenize so you can convert your RT points into gold or cryptocurrencies!

p.s. Click HERE for the full T&C of your account opening reward.


No Money Lah Verdict

With a good understanding of the terminologies and functions, hopefully, you will not be so overwhelmed with these stock trading platforms!

If you are keen to open a Rakuten Trade account, consider using my referral link below! For that, you'll get:

  • 1000 Rakuten Trade (RT) points worth RM10 to offset your brokerage fee.
  • + 150 RT points when you deposit a min. of RM5,000 within 5 days.
  • + 150 RT points when you transfer your shares from other brokers to Rakuten Trade.
  • + 1x brokerage fee rebate when you place your 1st trade within 30 days after your account is activated.

Aside from that, Rakuten Trade users get +1 RT point for every RM2 brokerage paid! Click HERE for the full T&C on RT points

Open a Rakuten Trade Account Today!


[LIMITED-TIME Promo] Get 1,000 RT points (RM10) monthly to offset your brokerage fee!

Rakuten Trade is bringing more value to users for the 2nd half of 2022!

From 1/7/2022 – 31/12/2022, get 1,000 RT points (worth RM10) every month when you:

  • Maintain a minimum of RM5,000 in cash balance in your cash upfront account by the last day of the month, AND;
  • Trade minimum 1x US share during the month.

With 2 simple steps above, you can get 1,000 RT points (worth RM10) which can be used to offset your brokerage fee!

p.s. Any cash balance in your Rakuten Trade cash upfront account receives a 1.25% per annum in interest too!

For the full T&C of this campaign, click HERE.

Open a Rakuten Trade Account Today!


Disclaimer:

This post contains affiliate links, which afford No Money Lah a small referral (and in return, support this blog) if you sign up for an account using my referral link.


How to generate passive income with REITs

[Sponsored Post] Guide: How to make $1,000/month passive income from dividends via REIT?

Having a reliable passive income in life is the financial goal of many people (including myself).

However, most passive income streams require a conscious effort to maintain. Rarely do we see passive income that is completely, well, passive.

One of those rare exceptions is dividends from investing. In my opinion, dividends are the closest thing to pure passive income that you can get in life.

Once your money is invested in companies that pay dividends, they work for you while you are sleeping, eating, and exercising. And you get paid income in the form of dividends – how amazing is that?

In this post, I want to explore the idea of making $1,000/month* of passive income in the form of dividends, via Real Estate Investment Trusts (REITs). (*In our respective home currency)

Is it possible to make $1,000 in passive income from dividends via REITs? How much do we need? How long will it take?

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Quick introduction to dividends & REIT

A dividend is a form of return that companies agree to distribute to their shareholders. Here are some things you need to know about dividends:

  • Dividends are not compulsory. Certain companies pay dividends while some companies can choose not to do so.
  • Dividends are generally paid either monthly, quarterly, semi-annually, or annually (depending on a company’s distribution policy).
  • There are 2 ways to look at dividends: Distribution Per Unit (DPU), and Dividend Yield (DY).
    • Distribution Per Unit (DPU) refers to the absolute amount per share that is being paid to shareholders. So, if you own 5000 shares of a REIT that pays a DPU of $0.05, then you’ll get a total dividend of $250 (5000 shares*$0.05/unit).
    • Dividend Yield (DY) refers to the percentage (%) of DPU relative to the price of the share (DY = (DPU/Price)*100). So, let’s say a REIT pays a DPU of $0.05 and the share price is $1.00/unit, then the dividend yield would be 5% [($0.05/$1.00)*100]

When it comes to dividends, REITs can be a good choice:

  • REITs are unique companies in the stock market that allow investors to earn dividends by investing in income-generating properties.
  • These properties can range from shopping centers, offices, factories, warehouses, data centers and more!
  • REITs usually pay at least 90% of their income back to shareholders in the form of dividends. By investing in REITs, we are able to receive stable and (usually) higher-than-average dividends on a regular basis.
  • There are 2 main ways to invest in REITs. One is to invest in individual REITs, and the other is to invest in REIT Exchange-Traded Funds (ETFs).

RELATED POST: 5 Singapore REIT ETFs to invest in for consistent dividends! 


Expectation Setting: Why $1,000? 

Now, before we proceed, it’ll be helpful to know that dividend investing is a long journey - especially if we start off with small capital.

The reality is that dividend investing is capital intensive. For most people, it’s not something that can be achieved overnight.

However, in my opinion, a $1,000/month dividend is a realistic milestone target. With the power of compounding (more on this later), most people can achieve a respectable dividend income in life.

Some investors may think an extra $1,000 is too little.

But remember this: the extra $1,000 is close to passive. Plus, an additional $1,000/month means an extra $12,000/year! For many, it could mean better quality groceries, better meals, a new phone – and certainly more choices in life.


Execution: How to start & how long will it take?

To begin, let’s assume we are starting exactly from nothing. Here's what we are doing to do:

  • Contribute $500 monthly into REITs. Investors can decide to either invest in individual REITs, or in REIT ETFs that track the performance of a diversified REIT portfolio.
  • We'll assume an annual dividend yield of 6%. This is realistic, and is in line with Singapore REIT's average dividend yield.
  • SREIT statsCompound our return: All dividends received are reinvested into our REIT portfolio until we reach $12,000 in yearly dividends (ie. $1,000/month).
  • NOTE: The calculations below are hypothetical and can deviate from real-life performance. In addition, the calculations below do not take into account of potential capital growth, which may impact actual real-life performance.

So, given a 6% annual yield, how long will it take for us to reach a total of $12,000 in yearly dividends?

Dividend investing with REIT

From the table below, it will take 20 years before we reach more than $12,000 in yearly dividends. Another insight that we can extract from this is that we’ll need about $200,000 in capital to achieve such a feat.

Dividend investing with REIT

Twenty years is certainly a long time. But what if we can invest more on a regular basis?

Below, let’s find out how long it’ll take for us to achieve $12,000 in yearly dividenda if we contribute $1,000/month instead of $500:

Dividend investing with REIT

From the table below, with a $1,000 monthly contribution, it’ll take about 13 years for us to achieve more than $12,000 in yearly dividends.

By year 20, we’d be getting more than $25,000 in yearly dividends, which is more than $2,000/month!

Dividend investing with REIT

Note: All tables/calculations are done using the Compound Interest Calculator from Bankrate.com


Lesson & Mindset: Aiming for small, achievable milestones

So, what are some key takeaways from this post?

  1. Capital is required to build a meaningful passive income via dividends. As an example, to achieve $12,000 in yearly dividends, a capital of about $200,000 is required at a 6% annual yield.
  2. That said, everyone can start building towards their desired dividend income even with small capital. Of course, the more capital we can contribute to our REIT portfolio, the faster we’ll be able to achieve our goals.
  3. It’s crucial that we reinvest our dividends. Letting our returns compound will make our dividend investing journey exponentially faster.

Simple Interest vs Compound Interest

Now, while 13 or 20 years might seem to be a long journey, it is actually very realistic from the perspective of long-term investing. In this era, I think we are too ingrained in the idea of achieving something fast, that we forget the importance of growing our wealth step-by-step.

That said, it is helpful to break down our progress into small, achievable milestones, as shown below:

  • Short-term milestone: $1,000 in yield per year
  • Medium-term milestone: $1,000 in yield per quarter
  • Long-term milestone: $1,000 in yield per month

By breaking down our goal into smaller milestones, it’ll make our investing journey much more meaningful. Below is the breakdown of each milestone using the same execution assumptions from the previous section:

(a) By investing $500/month, we can hit $1,000/year in dividend income by Year 4 and $1,000/quarter by Year 10. 

REIT investing

(b) By investing $1,000/month, we can hit $1,000/year in dividend income by Year 2 and $1,000/quarter by Year 6.

REIT Investing

The reward of compounding investment and patience?

A stream of reliable and passive income that requires almost no effort on our end – how awesome is that?


Resources: Want to learn more/invest in REITs & REIT ETFs?

There are 2 main ways to invest in REITs. One is to invest in individual REITs, and the other is to invest in REIT Exchange-Traded Funds (ETFs).

Both REITs and REIT ETFs are listed on the stock market and can be bought just like ordinary shares.

Useful resources:


2 other REIT investing methods that I did not cover in this post

In this post, I’ve covered the simplest way to invest in REIT to build towards our dividend milestones:

By investing in REITs or REIT ETFs and re-investing the dividends, anyone can build towards a reliable passive dividend income to supplement their wealth.

Now, are there faster ways for you to achieve your dividend goals? Of course, there are!

Here are 2 other methods that I did not cover in this post:

#1 Taking margin financing to invest in REITs:

In simple terms, borrowing money to invest in REITs.

Just like taking a loan to buy physical properties, margin financing provides leverage to investors to own a bigger number of REITs with relatively small capital.

This can be a risky move as investors are exposed to the risk of margin call. Personally, I am not familiar with this approach and hence not able to write much about it.

#2 Covered Call Strategy:

This is an approach where investors can boost their dividend yield by selling call options on the stocks that they own to another investor.

That said, this approach involves options, which I personally have little knowledge of. I’ll study this further and cover this topic sometime in the future.


This post is sponsored by ProsperUs by CGS-CIMB.

Check out my full review on ProsperUs by CGS-CIMB HERE on how you can start your investment journey.

ProsperUs by CGS-CIMB is a regulated broker from Singapore that gives investors access to 30+ exchanges in more than 8 countries. (US, Hong Kong, China, Japan, UK, Singapore, Malaysia, Europe, and more!)

In addition, ProsperUs offers multiple instruments from stocks, ETFs, futures, options, Forex, and CFDs. This is great for investors looking to diversify across different asset classes.

Exclusive ProsperUs Referral Code – MONEY20

 

ProsperUS referral code

If you are thinking to give ProsperUs a try, here’s something exclusive to No Money Lah readers – you will not find this anywhere else!

From today till 30/9/2022, key in my exclusive promo code ‘MONEY20’ while you register, and get a FREE SGD50 cash top-up & up to RM300 e-wallet credits when you open a ProsperUs account:

RewardsHow to qualify
#1 One-time top up of SGD20 into your ProsperUS accountInitial funding of SGD500 within 30 days of your account opening. To qualify, you should not withdraw the SGD500 for at least 30 calendar days.
#2 A further top up of SGD30 into your ProsperUS accountExecute at least 3 trades by 31/10/2022
#3 Up to RM300 in Grab or T&G e-wallet credits RM120: Initial funding of SGD1000 within 30 days of your account opening + 3 trades by 31/10/2022.

RM180: Initial funding of SGD3000 within 30 days of your account opening + 3 trades by 31/10/2022.

RM300: Initial funding of SGD10,000 within 30 days of your account opening + 3 trades by 31/10/2022.

To qualify, you should not withdraw the initial funding for at least 30 calendar days.
Note: A deposit in other currencies of equivalent value will also qualify you for the rewards. eg. Initial funding of ~RM1600 or ~USD400 is equivalent to SGD500.

p.s. Please check for the latest exchange rate accordingly.

 

Click HERE to view the full T&C of this referral reward.

Open a ProsperUs Account Today!


Disclaimers

This article is brought to you in collaboration with ProsperUs by CGS-CIMB.

This post is produced purely for sharing purposes and should not be taken as a buy/sell recommendation. Past return is not indicative of future performance. Please seek advice from a licensed financial planner before making any financial decisions.

This post may contain promo code(s) that afford No Money Lah a small amount of commission (and help support the blog) should you sign up through my referral link


Rakuten Trade: 4 Underrated Features that'll Help You Make Better Investment Decisions!

When it comes to investing in our local Malaysian stock market, I have been a fan of Rakuten Trade as my main go-to broker.

Its highly competitive fee structure is just nice for me to Dollar Cost Average (DCA) on my positions, especially its industry lowest RM7 commission for trades below RM1,000.

Aside from that, I also like the fact that Rakuten Trade’s platform interface is much more intuitive and user-friendly compared to some other local brokers that I have come across in the past.

However, we are just scratching the surface. In this post, I am going to share with you 4 underrated, yet very useful tools on Rakuten Trade’s platform that’ll help you analyze stocks and make better investment decisions.

Before this, here are some related posts that you may want to read:

[LIMITED-TIME PROMO] 1/7/2022 – 31/12/2022: Get 1,000 RT points MONTHLY (worth RM10) to offset your brokerage fees with just a few simple steps! Find out more at the end of this article!

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#1 Comprehensive Rakuten Trade Stock Screener

Powered by Thomson Reuters, I think this is the most powerful, yet less talked-about feature on Rakuten Trade’s platform.

Essentially, what this Stock Screener does is it allows you to shortlist for stocks that fulfill a certain set of criteria. Doing this will save you the time from stock-searching over hundreds of listed companies in the market.

There are plenty of Fundamental Analysis filters that you can set in this stock screener, from Financials like Dividend Yield, Return of Equity (ROE), Interest Coverage Multiples, to Estimates like Estimated Price-Earning-to-Growth (PEG), Estimated Dividend Growth Rate, and more. There are also filters for Technical Analysis (eg. Golden Cross, MACD, RSI) if you are into that.

Source: Rakuten Trade web platform

If you are totally new with no specific set of criteria, or simply looking for some fresh investment ideas, Rakuten Trade also has a couple of presets in place for you to get started.

Some of these presets include filters for High Growth Companies and High Dividend Companies.

Features:

  • 1. One of the most comprehensive stock screeners with different filtering criteria.
  • 2. Existing screening presets for investors to get started.
  • 3. Did I mention that it is free for all Rakuten Trade users?

Suitable for:

  • 1. Investors looking to filter for companies/stocks that fulfill a certain set of criteria.
  • 2. Investors looking for fresh and new investing ideas.

Read Also: In-depth guide on how to build your own powerful stock screener via Rakuten Trade


#2 Baked-In Stock Info

One thing that got me quite frustrated with the other broker platforms that I’ve used before is the lack of stock/company information on the platform.

While this may not be as significant as the Rakuten Trade stock screener, I find having information about a company readily available to me pretty handy.

Whenever I am in need of a quick glance, I can view the overall fundamental health of a company (eg. Beta, ROE, EPS) without having the need to go dig for them in the financial report.

Features:

  • 1. Company info readily baked into the platform.
  • 2. Quick fundamental ratios at a glance.

Suitable for:

  • 1. Investors looking to do a quick research/initial filter on a company.
Source: Rakuten Trade web platform

#3 Price Alerts on Multiple Channels

For price alerts, I have been using the alert function on KLSE Screener app for some time.

However, the downside to this is that I am only alerted via the app on my phone. While this may be fine for most people, for me, I keep my phone offline for most of the day while at work – resulting in me missing my alerts frequently.

The good thing with Rakuten Trade’s baked-in Alerts, is I can choose to get notified by both the iSpeed app AND email when my alerts are triggered. With this, I can get notified while I am working in front of my laptop.

For most investors (myself included), this price alert function can be used alongside entry, take profit, and cutting losses. As an example, since there is no automatic cut loss function on most local brokers (including Rakuten Trade) in Malaysia, I can set a price alert for me to manually cut my losses when the price hits a certain level.

Feature:

Get alerted when the price of your chosen company hits a certain level.

Suitable for:

  • 1. Investors looking to be notified first-hand on both their phone and via email.
  • 2. Investors with specific entry, target profit, and stop-loss levels.
Source: Rakuten Trade web platform

#4 News & Report on the Companies in my Portfolio

In the past, I find it hard to keep track of the news and updates of the companies that I invest in.

On Rakuten Trade’s platform, there are news and updates on the companies that I invest in readily available for me to view. Aside from that, there are also daily research reports & market news available if you need extra resources and input.

Personally, as a long-term REIT investor, I do not follow the updates every hour and everyday. However, it is good to have them all baked into the platform for me to check out whenever needed.

Feature:

Get updates on news and announcements for the companies that you invest in.

Suitable for:

Investors looking to have updates and announcements for their investments all available in one platform.

Source: Rakuten Trade web platform

Notable Mention: Watchlist up to 100 stocks

These days, having a watchlist function is fairly common across the board. However, I’d still want to mention Rakuten Trade’s watchlist function in this post:

While certain apps or platforms have a fairly small limit on the number of stocks that you can add to your watchlist, Rakuten Trade allows users to create 10 watchlists and fit up to 100 companies in each of them.

For me, that’s definitely more than enough and I think this will work fine for most investors.

Source: Rakuten Trade web platform

Rakuten Trade Referral Link for New Users

Rakuten Trade Referral Link

If you are keen to open a Rakuten Trade account, consider using my referral link below! For that, you'll get:

  • 1000 Rakuten Trade (RT) points worth RM10 to offset your brokerage fee.
  • + 150 RT points when you deposit a min. of RM5,000 within 5 days.
  • + 150 RT points when you transfer your shares from other brokers to Rakuten Trade.
  • + 1x brokerage fee rebate when you place your 1st trade within 30 days after your account is activated.

Aside from that, Rakuten Trade users get +1 RT point for every RM2 brokerage paid! Click HERE for the full T&C on RT points

Open a Rakuten Trade Account Today!

Select 'NoMoneyLah' under 'Educator' to get your RT points!
Select 'NoMoneyLah' under 'Educator' to get your RT points!

How can you use these RT points?

These RT points are amazing, as they can be converted into BIG Points and Boost Coins, which are redeemable for rewards. In addition, Rakuten Trade often runs campaigns with companies such as HelloGold and Tokenize so you can convert your RT points into gold or cryptocurrencies!

p.s. Click HERE for the full T&C of your account opening reward.


LATEST: Use your RT Points as Brokerage Fee Rebate!

Recently, Rakuten Trade has released an exciting new feature: now you can convert your RT points as a discount to your brokerage fee! 

In my opinion, this is the most practical use of the RT points for Rakuten Trade users. This is how it works:

  1. 1RT Point = RM0.01 (ie. 100 RT points = RM1 Brokerage Fee.)
  2. Opt-in for brokerage rebate when you buy or sell shares on Rakuten Trade.

    Use RT points to offset brokerage fee
    Use RT points to offset brokerage fee
  3. Your brokerage rebate will be credited to your account by end of the trading day (subject to your RT Point balance). So let's say you have 700 RT points (RM7), and the brokerage fee that you paid for a transaction is RM9. By the end of the trading day, Rakuten Trade will deposit RM7 back into your account, essentially offsetting the brokerage fee to just RM2.
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  4. You can find the full T&C here.

No Money Lah’s Verdict

So here you go – the useful and underrated tools in Rakuten Trade that’ll help you analyze stocks and make better investment decisions!

Personally, I was not aware of all these little features until I take some time to explore the platform.

While the usefulness and practicality for each of these features/tools may be subjective according to each investor, I find having them baked right in the platform especially neat and handy.

What are some of the useful features in your broker that you are using yourself? Feel free to share with me in the comment section below!

p.s. If you find this article useful, and would like to open your Rakuten Trade stock trading account, do consider using my referral link below to register for your account (or enter ‘NoMoneyLah’ under ‘Educator’ when you register)!

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Singapore REIT ETF

[Sponsored Post] Guide: Invest in Singapore REIT ETFs for passive dividend income!

Real Estate Investment Trusts, or REITs are unique companies in the stock market that allow investors to earn dividends by investing in income-generating properties.

These properties can range from shopping centers, offices, factories, warehouses, data centers and more!

By investing in REITs, we are able to receive stable and (usually) higher-than-average dividends on a regular basis.

When it comes to REITs, the Singapore REIT market is one of the most established REIT markets in Asia with 42 listed REITs generating an annualized growth of 11% in the past 10 years.

SREIT stats

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What is a REIT ETF + 5 REIT ETFs listed in Singapore

There are 2 main ways to invest in REITs. One is to invest in individual REITs, and the other is to invest in REIT Exchange-Traded Funds (ETFs).

Both REITs and REIT ETFs are listed in the stock market and can be bought just like ordinary shares.

For this post, I’ll focus on the REIT ETFs listed in Singapore.

ETF is an instrument that tracks the performance of an index. In this case, a REIT ETF tracks the performance of a REIT index.

There are 5 Singapore-listed REIT ETFs, namely:

  • Phillip SGX APAC Dividend Leaders REIT ETF (SGD: BYJ | USD: BYI)
  • NikkoAM-StraitsTrading Asia Ex Japan REIT ETF (SGD: CFA | USD: COI)
  • Lion-Phillip S-REIT ETF (SGD: CLR)
  • CSOP iEdge S-REIT Leaders Index ETF (SGD: SRT | USD: SRU)
  • UOB APAC Green REIT ETF (SGD: GRN | USD: GRE)

Why Singapore-listed REIT ETF?

In general, investing in REIT ETFs brings several advantages to investors compared to investing in individual REITs:

#1 Investors get to invest in a diversified REIT portfolio via REIT ETFs.

This helps to mitigate individual company risk.

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#2 Investors get to invest passively via REIT ETFs.

A REIT ETF will rebalance on a regular basis to include quality REITs and exclude REITs that do not fulfill the filtering criteria (or methodology) of the index.

As such, investors do not have to spend time picking individual REITs. By design, REIT ETFs will filter for quality REITs based on their methodologies.

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#3 NEW: Start investing in REIT ETFs from as small as 1 unit!

Starting 17th January 2022, investors can invest in all Singapore-listed ETFs starting from just 1 unit!

Previously, there is a minimum purchase requirement of 5 to 100 units of shares.

This is an initiative from the Singapore Stock Exchange (SGX) to provide more flexibility to investors to invest in ETFs, and this is certainly welcoming.

So, let’s say Lion-Phillip S-REIT ETF is priced at SGD 1.05/share, our minimum investment would be 1 unit, which is a total capital requirement of SGD 1.05.

SGX ETF Board Lot changes
From 2022 onwards, investors can invest in Singapore-listed ETFs with just a minimum of 1 unit.

In the following section, let me do an overview of all 5 REIT ETFs in Singapore:


#1 Phillip SGX APAC Dividend Leaders REIT ETF (SGD: BYJ | USD: BYI)

Phillip SGX APAC Dividend Leaders REIT ETF

The Phillip SGX APAC Dividend Leaders REIT ETF is an ETF that tracks the iEdge APAC ex Japan Dividend Leaders REIT Index. It is an index that comprises of the 30 highest dividend-paying REITs in the Asia Pacific.

The Phillip SGX APAC Dividend Leaders REIT ETF is listed in October 2016. It is the oldest among the 5 REIT ETFs in Singapore.

In terms of methodology, this ETF filters and weights REITs according to the total dividends paid in the past 12 months. By doing so, it aims to enhance the returns of conventional market-cap weighted ETFs.

Phillip SGX APAC Dividend Leaders REIT ETF tracks 30 REITs, mainly from Australia, Singapore, and Hong Kong.

As for section allocation, Diversified REITs formed about half of the ETF allocation.

Phillip SGX APAC Dividend Leaders REIT ETF
Source: Phillip Capital Management, as of 31/12/2021

The table below shows the top 10 REIT holdings of the Phillip SGX APAC Dividend Leaders REIT ETF:

Phillip SGX APAC Dividend Leaders REIT ETF Top 10 Constituents
Source: Phillip SGX APAC Dividend Leaders REIT ETF Dec 2021 Factsheet

#2 NikkoAM-StraitsTrading Asia Ex Japan REIT ETF (SGD: CFA | USD: COI)

NikkoAM-StraitsTrading Asia Ex Japan REIT ETF

NikkoAM-StraitsTrading Asia Ex Japan REIT ETF is an ETF that tracks the FTSE EPRA Nareit Asia ex Japan REITs 10% Capped Index.

It is an index that tracks the performance of qualifying REITs from China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, and Thailand.

That said, as of November 2021, most of the REIT holdings of this ETF are focused on Singapore and Hong Kong REITs, with retail and industrial REITs forming the majority.

 

NikkoAM-StraitsTrading Asia Ex Japan REIT ETF Sector Allocation
Source: NikkoAM-StraitsTrading Asia Ex Japan REIT ETF November 2021 Factsheet

Below are the top 10 REIT holdings of NikkoAM-StraitsTrading Asia Ex Japan REIT ETF:

NikkoAM-StraitsTrading Asia Ex Japan REIT ETF Top 10 REIT Holdings
Source: NikkoAM-StraitsTrading Asia Ex Japan REIT ETF November 2021 Factsheet

#3 Lion-Phillip S-REIT ETF (SGD: CLR)

Lion-Phillip S-REIT ETF

The Lion-Phillip S-REIT ETF is an ETF that tracks the Morningstar Singapore REIT Yield Focus Index. It is an index that invests in high-quality Singapore REITs (S-REITs) screened by Morningstar.

In terms of methodology, the index is designed by Morningstar Research Pte. Ltd. to screen for high-yielding REITs, taking into account of factors such as a REIT’s quality and financial health.

As for the sector breakdown, the ETF is mainly made up of industrial and retail REITs (as of Nov 2021).

Lion-Phillip S-REIT ETF Sector allocation
Source: Lion-Phillip S-REIT ETF November 2021 Factsheet

The table below shows the S-REIT holdings of the Lion-Phillip S-REIT ETF (as of Nov 2021):

Lion-Phillip S-REIT ETF REIT Holdings
Source: Lion-Phillip S-REIT ETF November 2021 Factsheet

#4 CSOP iEdge S-REIT Leaders Index ETF (SGD: SRT | USD: SRU)

CSOP iEdge S-REIT Leaders Index ETF

CSOP iEdge S-REIT Leaders Index ETF is a S-REIT ETF that tracks the iEdge S-REIT Leaders Index. It tracks the performance of the largest and most liquid REITs listed in the Singapore Stock Exchange (SGX).

As for the methodology, this ETF employs a liquidity-adjustment strategy.

Essentially, what this strategy does is it’ll only capture S-REITs with high investors’ interest, fund flows, and REITs that are most relevant to the latest sector rotation.

As such, the REITs tracked by the ETF are always the most relevant REITs according to the market condition.

As for the sector breakdown, the ETF is mainly made up of industrial REITs.

CSOP iEdge S-REIT Leaders Index ETF Sector Allocation
Source: CSOP Asset Management (as of September 2021)

Below are the top 10 REIT holdings of the CSOP iEdge S-REIT Leaders Index ETF:

CSOP iEdge S-REIT Leaders Index ETF Top 10 REIT Holding
Source: CSOP Asset Management (as of 18/1/2022)

READ: Check out my detailed writeup on CSOP iEdge S-REIT Leaders Index ETF HERE


#5 UOB APAC Green REIT ETF (SGD: GRN | USD: GRE)

 

UOB APAC Green REIT ETF

The UOB APAC Green REIT ETF mirrors the iEdge-UOB APAC Yield Focus Green REIT index, which aims to allow investors to invest in environmentally-friendly REITS.

Listed in the SGX on 23rd November 2021, this REIT ETF is the newest addition to the REIT ETFs in Singapore.

The UOB APAC Green REIT ETF contains 50 REITs listed across the Asia-Pacific region, with Japan (40%), Australia (36.6%), and Singapore (15.7%) REITs being the majority REIT holdings.

UOB APAC Green REIT ETF Sector Allocation
UOB APAC Green REIT ETF Fund Brochure, as of 31/8/2021

Below are the top 10 holdings of the ETF, as of 30th September 2021:

UOB APAC Green REIT ETF Top 10 Holdings
Source: UOB Asset Management, as of 30/9/2021

Singapore-listed REIT ETFs comparison

 Phillip SGX APAC Dividend Leaders REIT ETFNikkoAM-StraitsTrading Asia Ex Japan REIT ETFLion-Phillip S-REIT ETFCSOP iEdge S-REIT Leaders Index ETFUOB APAC Green REIT ETF
TickerBYJ (SGD), BYI (USD)CFA (SGD), COI (USD)CLR (SGD)SRT (SGD), SRU (USD)GRN (SGD), GRE (USD)
Underlying IndexiEdge APAC ex Japan Dividend Leaders REIT IndexFTSE EPRA Nareit Asia ex Japan REITs 10% Capped IndexMorningstar Singapore REIT Yield Focus IndexiEdge S-REIT Leaders IndexiEdge-UOB APAC Yield Focus Green REIT Index
Main REIT market exposureAustralia, HK & SingaporeSingapore & HKSingaporeSingaporeJapan, Australia, Singapore & HK
Listing Date20/10/201629/3/201730/10/201718/11/202123/11/2021
Unit Price (18/1/2022)SGD 1.396SGD 1.061SGD 1.05SGD 0.953SGD 0.956
Fund Size (18/1/2022)SGD 18.31 millionSGD 341.87 millionSGD 236.23 millionSGD 82.10 millionSGD 82.24 million
No. of Holdings3043272850
Expense Ratio1.16%0.60%0.60%0.60%Management fee: Currently 0.45% p.a.; Maximum 2%
Distribution FrequencySemi-annualQuarterlySemi-annualSemi-annualQuarterly
2021 Dividend Yield (Respective factsheets/Morningstar)4.25%4.27%4.45%N/A**N/A**
3-year annualized return*6.69% (SGD)4.45% (SGD)7.5% (SGD)N/A**N/A**
*Returns are based on NAV-NAV basis and assuming all dividends are reinvested.

**Info not available as this REIT ETF is newly listed.

How to choose the best REIT ETF?

From the table above, it seems like each REIT ETF is closely similar to each other. Below, let me share with you some personal pointers that I think one should consider when selecting a REIT ETF:

  1. REIT exposure

Do you want a REIT portfolio that is focused on Singapore REITs (S-REITs), or REIT exposure across Asia (eg. Singapore, Australia, Hong Kong, Japan)?

Certain REIT ETFs such as Lion-Phillip S-REIT ETF (SGD: CLR) and CSOP iEdge S-REIT Leaders Index ETF (SGD: SRT | USD: SRU) offer dedicated exposure to S-REITs, while the remaining offer exposure to REITs across Asia.

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  1. Fund size

In general, an ETF with a larger size fund size is a good indicator of the ETF’s durability as well as its popularity.

Larger ETFs can also make use of economies of scale to lower their costs.

In this aspect, ETFs like NikkoAM-StraitsTrading Asia Ex Japan REIT ETF (SGD: CFA | USD: COI) and Lion-Phillip S-REIT ETF (SGD: CLR) are the obvious winner here.

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  1. Expense Ratio

ETF providers charge a small annual management fee for their ETFs. In this case, most ETFs have a low expense ratio (<1.00%) so the difference is negligible.

Of all, Phillip SGX APAC Dividend Leaders REIT ETF has the highest expense ratio of 1.16%, which is a tad higher than the other REIT ETFs in the list.

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  1. Methodology

How a REIT ETF select and filter for REITs is also important.

As an example, the Lion-Phillip S-REIT ETF (SGD: CLR) screens for high-yielding REITs by taking into account of factors such as a REIT’s quality and financial health.

Selecting the right REIT ETF methodology will require investors to go through the prospectus of the REIT ETF.

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  1. Consistency/Growth in Distribution (DPU)

A key benefit of investing in REIT ETF is to receive consistent dividends.

As such, it is healthy to find out if the Distribution Per Unit (DPU) of each REIT ETF has been consistent, or better, growing over the past years.

The table below displays the DPU of each REIT ETF from 2018 to 2020:

 

 Phillip SGX APAC Dividend Leaders REIT ETF (USD)NikkoAM-StraitsTrading Asia Ex Japan REIT ETF (SGD)Lion-Phillip S-REIT ETF (SGD)
20210.030690.04680.048
20200.02730.05780.0499
20190.04920.04940.0492
20180.03410.046910.0348
Source: Fund Supermart

Note:

(1) Dividend Yield = (DPU/Price)*100
(2) The remaining REIT ETFs do not have historical DPU as they are newly listed in late 2021

Kickstart your investment in REIT ETFs today!

To start investing in Singapore-listed REIT ETFs, you will have to use a broker with access to the Singapore stock market. Check out my full review on ProsperUs by CGS-CIMB HERE for more details. 

 


Disclaimers

This post is produced purely for sharing purposes and should not be taken as a buy/sell recommendation. Past return is not indicative of future performance. Please seek advice from a licensed financial planner before making any financial decisions.


What is ASNB and how to invest in ASNB?

[Sponsored Post] What is ASNB and How to Invest in It?

ASNB unit trust funds are funds that are managed by Amanah Saham National Berhad (ASNB), a wholly-owned subsidiary company of Permodalan Nasional Berhad (PNB). It was established on 22 May 1979 to manage the Funds launched by PNB. 

In short, ASNB is a unit trust management company with decades of experience.

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ASNB Fixed Price Fund & Variable Price Funds

As of the time of writing, there are a total of 16 funds offered by ASNB. Of all, there are 6 Fixed Price Funds and 10 Variable Price Funds:

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Fixed Price Funds Variable Price Funds
Amanah Saham Bumiputera (ASB)Amanah Saham Nasional (ASN)
Amanah Saham Bumiputera 2 (ASB 2)ASN Equity 2
Amanah Saham Bumiputera 3 - Didik (ASB 3 Didik)ASN Equity 3*
Amanah Saham Malaysia (ASM)*ASN Equity 5*
Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan)*ASN Equity Global*
Amanah Saham Malaysia 3 (ASM 3)*ASN Imbang 1*
ASN Imbang 2*
ASN Imbang 3 Global*
ASN Sara 1*
ASN Sara 2*
*Funds open to all Malaysians

Differences between ASNB Fixed Price Funds and Variable Price Funds

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 ASNB Fixed Price FundsASNB Variable Price Funds
ValueFixed @ RM1/unitVaries according to the Net Asset Value (NAV)
Sales Charge0%1.75% - 5%
ReturnAnnual dividend payoutAnnual dividend payout & capital gain (ie. Selling Price > Buying Price)

Essentially, Variable Price Funds are similar to other unit trusts in the market.

As the name suggests, Variable Price Funds are funds that will fluctuate in value in accordance with market movement.

This also indicates that there’s a potential for higher gains and losses. That said, do remember that past performance is not indicative of future performance.

In terms of fees, Variable Price Funds have a sales charge between 1.75% to 5%, depending on the channel of purchase.

On the other hand, ASNB’s Fixed Price Funds are more unique.

For one, the value of the funds is fixed at RM1/unit no matter the market condition. In addition, there is also no sales charge (yes, 0%) for all 6 Fixed Price Funds.


Benefits of ASNB Fixed Price Funds

In the past, I have been receiving many requests to cover ASNB Fixed Price Funds. In this section, let’s explore the benefits of these funds as they are seriously one-of-a-kind.

Personally, I am genuinely happy to see that out of the 6 Fixed Price Funds, 3 (ASM, ASM 2, ASM 3) are actually open to all Malaysians, and I am delighted for good reasons:

#1 ASNB Fixed Price Funds’ Unit value is fixed at RM1/unit

Currently, all ASNB Fixed Price Funds are sold at RM1/unit. 

This is a unique and convenient feature of Fixed Price Funds as you can plan your purchase without worrying about sudden price swings. 

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#2 ASNB Fixed Price Funds pay decent dividends

ASNB Fixed Price Funds are well-accepted by fellow Malaysians for good reasons. One of them is because they are able to deliver decent dividends over the long term.

As an example, for the financial year (FY) 2020, all Fixed Price Funds were able to deliver dividends of 4% and above despite the challenging market condition. 

Fixed Price FundDistribution Per Unit (sen) - FY2020Dividend Yield - FY2020
Amanah Saham Bumiputera (ASB)5.00 (including bonuses)5%
Amanah Saham Bumiputera 2 (ASB 2)4.754.75%
Amanah Saham Bumiputera 3 - Didik (ASB 3 Didik)4.254.25%
Amanah Saham Malaysia (ASM)4.254.25%
Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan)4.004.00%
Amanah Saham Malaysia 3 (ASM 3)4.004.00%
ASNB Fixed Price Funds FY2020 DPU and Dividend Yield (Source: ASNB)

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#3 Dividends earned is not taxable

In other words, you do not have to worry about tax filing.

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#4 ASNB Fixed Price Funds have no sales charge

Another highlight feature of Fixed Price Funds is there is no sales charge. Meaning, you do not have to pay any sales fee if you purchase new units.

That said, some funds such as ASB 2 and ASM 3 have full discretion to charge a 1% sales fee – just saying.

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#5 On-The-Spot Redemption

You can withdraw your investments and get your money immediately (either via cash/cheque/bank transfer).

On the other hand, online redemptions of up to RM1,000 a month are now available via myASNB portal and myASNB app.


What you need to know + Risks of investing in ASNB Funds

One thing that we have to keep in mind is that there are no investments that are 100% risk-free. Here are what you need to know before investing in ASNB Funds:

#1 Market Risks and Interest Rate Risk

The returns & performance of both ASNB Variable and Fixed Price Funds are subject to the fluctuation of the market and interest rate.

Specifically for Fixed Price Funds, while the unit value remains fixed at RM1/unit, dividend payout may fluctuate in accordance with the funds’ exposure to market movements and interest rate.

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#2 Your Capital is not Protected by PIDM

Just like any instruments with exposure to the capital market, your money is not protected by Perbadanan Insurans Deposit Malaysia (PIDM) if ASNB goes bankrupt.

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#3 Availability of Funds

For ASM Funds, there is a quota capped to non-bumi. When the quota is fully filled, you may have a hard time trying to buy the funds (unless someone lets go of their units).

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#4 Withdrawal Limits

Online redemptions via myASNB portal and myASNB app are available, but are only up to RM1,000 a month.

Any withdrawal of funds with value above RM1,000 must be made over the counter at ASNB’s branches and agents.


How to open an ASNB account & invest in ASNB Funds

Opening an ASNB account used to be something that has to be done physically via ASNB branches or agents (eg. Most banks).

Just introduced in 2021, new ASNB accounts can be opened digitally via the myASNB app! Here’s how you can open your ASNB account via myASNB app:

  • Step 1: Download & install the myASNB app

Open your ASNB account and invest in ASNB funds online!
Open your ASNB account and invest in ASNB funds online!
  • Step 2: Register for your ASNB account by keying in your personal details.

[Note: If you are unable to get your OTP while trying to register for the myASNB app, consider contacting the customer service number for ASNB at 03 – 7730 8899 or email them at [email protected] where they'll assist you on the matter.]

Open ASNB account online

  • Step 3: Take a photo of your IC and complete the video selfies for verification purposes.

Open ASNB account online

  • Step 4: Setup your username & password.

Open ASNB account online

  • Step 5: You are done! Now, proceed to buy your first ASNB units.

Open ASNB account online

  • Step 6: As a first-time user, you are required to complete a one-time-only risk assessment.

Doing so, ASNB will suggest funds according to your risk profile.

Open ASNB account online

Open ASNB account online
You'll see suggestions of suitable ASNB funds after completing your risk profiling.
  • Step 7: Make an initial investment of RM10.00 via FPX online banking or selected e-wallets.

How to open an ASNB account online

  • Step 8: Now, you have successfully purchased your first ASNB units!

Feel free to add on to your units via the myASNB portal and/or app, with a minimum additional investment of RM100.

How to open an ASNB account online

If you need more details, check out the official ASNB webpage regarding mobile registration and onboarding HERE for instructions and FAQs.

There’s also a tutorial video available on ASNB’s YouTube channel HERE.


No Money Lah’s Verdict

In my opinion, ASNB has certainly built up the habit of consistent investing among fellow Malaysians.

Now that new users can open an ASNB account online, it makes it even more accessible for Malaysians to invest and grow their wealth.

Are you investing in ASNB funds at the moment? If not, are you looking to start investing in ASNB funds now that everything can be done online?

Feel free to let me know by leaving your thoughts in the comment section below!


Disclaimers:

This article is written in collaboration with ASNB.

Investing involves risks and past return is not indicative of future performance. Please seek a licensed financial planner before making important financial decisions.

The Replacement Master Prospectus of ASNB dated 1 February 2020, Prospectus of ASN Imbang (Mixed Asset Balanced) 3 Global dated 16 September 2020 and Prospectus of ASN Equity Global dated 1 September 2021, (“Prospectuses”), have been registered with the Securities Commission Malaysia.

Please read and understand the content of the Prospectuses together with the Product Highlights Sheets which are available at the ASNB website (www.asnb.com.my), branches, and agents. Unit will be issued upon receipt of the registration form referred to and accompanying the Prospectuses. Before investing, please consider the risk of investing as well as the fees and charges involved. Unit prices and distribution payable, if any, may go down as well as up. The past performance of a fund should not be taken as indicative of its future performance.

Disclaimer Statement on Advertisement of ASNB Products and Related Services: In accordance with the Guidelines on Advertising for Capital Market Products and Related Services, all advertisements and promotional materials produced by ASNB are reviewed by Compliance Department, Permodalan Nasional Berhad and do not require review from the Securities Commission Malaysia.

Full ASNB disclaimer.


Best China ETFs in Malaysia

ETF: Best China ETFs in Malaysia!

Imagine investing in a country where the everyday people are spending almost 2x as much compared to the everyday people in the US.

How can you benefit from this massive spending power and growth?

In this post, let’s talk about how you can invest in China through 3 Malaysia-listed ETFs (TradePlus S&P New China Tracker, VP-DJ Shariah China A-Shares 100 ETF, Principal FTSE China 50 ETF) and their respective performances!

Before this, here are some related posts that you may want to read:

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Context: China growing middle class (and massive spending power)

China is a country with a huge population. Of all, the Chinese middle class makes up half (50.8%) of China’s population.

Before you continue, I want you to take a moment, and guess how massive is the Chinese middle class.

Done?

China middle class as per total population
China's middle class makes up half of the population.

As of 2016, there is about 730 million middle class in China. For the record, that’s about 697x the whole Malaysian population!

Now, a random middle-class Chinese may not be able to spend much. But with 730 million of them (again, 697x the whole Malaysia), this creates a HUGE consumption power, and business opportunities.

In 2020, China's middle class recorded consumption of $7.3 trillion (12 zeros, you're welcome), which is almost double what the US's middle class has spent.

China middle class consumption 2020 vs other countries
China middle class consumption vs other countries (2020)

Here’s one more thing you need to know: China’s middle class is expected to keep growing, and reach about 1.2 billion in 2027!

So, how can you ride and invest in the growth of this huge consumption powerhouse?

Let’s find out with our very own Malaysia-listed China ETFs!

Huge population in China
When I say there is a lot of people in China, I mean it. (Photo taken in 2019 in a random street during my stay in Shanghai)

ETF #1 TradePlus S&P New China Tracker (CHINAETF-MYR)

TradePlus S&P New China Tracker (or CHINAETF-MYR) is a Malaysia-listed ETF that provides investors exposure to Chinese companies (listed in HK and US) within the consumption and service-orientated industries.

  • CHINAETF-MYR (Stock Code: 0829EA) was listed and started trading in Bursa Malaysia in 2019.
  • Underlying index: CHINAETF-MYR tracks the S&P New China Sectors Ex A-Shares Index through full replication strategy to ensure minimal tracking error.
  • Annual Fees: 0.59% of Net Asset Value (NAV)
    • Annual Management Fee: 0.50%
    • Annual Trustee Fee: 0.04%
    • Index License Fee: 0.05%

Sector exposure of TradePlus S&P New China Tracker

Essentially, investing in CHINAETF-MYR provides investors exposure to Chinese businesses that grow on increasing consumer spending.

Through CHINAETF-MYR, you’ll mainly gain exposure to companies from the consumer discretionary (43%), communication services (19%), and financial sector (15%).

Given the growth of China’s middle class, the CHINAETF-MYR can be an attractive opportunity for investors looking to ride on the growing consumer market.

Sector exposure of TradePlus S&P New China Tracker ETF
Sector exposure of TradePlus S&P New China Tracker ETF (Source: TradePlus)

Notable companies/holdings of TradePlus S&P New China Tracker

As of August 2021, the top 10 holdings of CHINAETF-MYR include companies such as AIA Group, Tencent, Alibaba, and Meituan Dianping.

Top 10 Holdings of TradePlus S&P New China Tracker ETF (Source: TradePlus)
Top 10 Holdings of TradePlus S&P New China Tracker ETF (Source: TradePlus)

Performance of TradePlus S&P New China Tracker

Since CHINAETF-MYR is listed in 2019, there is very limited historical data on the past performance of the ETF.

That said, the back-tested performance of the S&P New China Sectors Ex A-Shares Index (ie. The underlying index of CHINAETF-MYR) can be a good reference for us:

Over a 10-year period (2011 – 2021), the S&P New China Sectors Ex A-Shares Index has grown by roughly 200%, translating to an annualized return of 10.63%.

In other words, on average, your capital would have increased by 10.63% every year if you invested in the S&P New China Sectors Ex A-Shares Index since 2011.

S&P New China Sectors ex A-share
S&P New China Sectors ex A-share index performance (Source: S&P Global)

ETF #2 VP-DJ Shariah China A-Shares 100 ETF (0838EA)

The VP-DJ Shariah China A-Shares 100 ETF is a Malaysia-listed ETF that provides exposure to the top 100 largest & most liquid Shariah-compliant shares that are listed in China.

  • VP-DJ Shariah China A-Shares 100 ETF (Stock Code: 0838EA) was listed and started trading in Bursa Malaysia in 2021.
  • Underlying index: 0838EA tracks Dow Jones Islamic Market (DJIM) China A-Shares 100 Index through full replication strategy to ensure minimal tracking error.
  • Annual Fees: 0.70% of Net Asset Value (NAV)
    • Annual Management Fee: 0.60%
    • Annual Trustee Fee: 0.06%
    • Index License Fee: 0.04%

Investing in China A-Shares

Unlike TradePlus S&P New China Tracker which invests in Chinese shares listed in HK and US, the VP-DJ Shariah China A-Shares 100 ETF invests directly in Chinese stocks listed in the Shanghai and Shenzhen Stock Exchange (a.k.a. A-shares).

Generally, investing in China A-Shares reflects exposure to Chinese companies that are less well-known globally, and usually more domestically focused in their business.

While China A-shares may not be as popular, the benefits can be interesting to certain investors.

As an example, A-shares tend to experience a smaller impact from global risks (eg. Geopolitical, global pandemic) as most businesses generate revenues domestically.

With that in mind, China A-shares ETFs can be a good diversification vehicle for investors with exposure, especially in the US market.


Sector Exposure of VP-DJ Shariah China A-Shares 100 ETF

As a whole, 0838EA has a balanced and diversified exposure to sectors such as healthcare (21%), consumer discretionary (18%), technology (16%), and industrials (15%).

Sector Exposure of VP-DJ Shariah China A-Shares 100 ETF
Sector Exposure of VP-DJ Shariah China A-Shares 100 ETF (Source: Value Partners Malaysia)

Notable Companies/Holdings of VP-DJ Shariah China A-Shares 100 ETF

Investing in China A-shares can be unfamiliar to most investors as most companies are not as well-known globally. I’ll do a brief introduction to some of the notable companies in this ETF:

As of September 2021, the top 10 holdings of 0838EA include companies such as:

  • Contemporary Amperex Technology Co. (CATL): CATL is one of the dominant battery manufacturers in the EV industry, with association with big names like Toyota, Volkswagen, Volvo, and more.
  • China Tourism Group Duty Free Corp.: A Chinese company involved in travel agencies and duty-free businesses.
  • China Yangtze Power Co. (CYPC): CYPC is involved in the businesses of hydropower generation, power distribution & sales, and overseas power plants operation & management. With a total installed capacity of 45.495 GW, the company is the largest listed electric power company in China and the largest listed hydropower company globally.
  • Shenzhen Mindray Bio-Medical Electronics Co.: Mindray is China’s largest medical equipment manufacturer, with a presence around the world. It is a company that makes medical equipment such as patient-monitoring and life-support systems and ultrasound machines.
Top holdings of of VP-DJ Shariah China A-Shares 100 ETF (Source: Value Partners Malaysia)
Top holdings of VP-DJ Shariah China A-Shares 100 ETF (Source: Value Partners Malaysia)

Performance of VP-DJ Shariah China A-Shares 100 ETF

Since 0838EA is listed in 2021, there is very limited historical data on the past performance of the ETF.

That said, the back-tested performance of the Dow Jones Islamic Market (DJIM) China A-Shares 100 Index (ie. The underlying index of 0838EA) can be a good reference for us:

Over a 10-year period (2011 – 2021), the DJIM China A-Shares 100 Index has grown by roughly 157%, translating to an annualized return of 9.96% per year.

In other words, on average, your capital would have increased by 9.96% every year if you invested in the DJIM China A-Shares 100 Index since 2011.

DJIM China A shares 100 index
DJIM China A-shares 100 index performance (Source: S&P Global)

ETF #3 Principal FTSE China 50 ETF (CIMBC25)

Listed in 2010, the Principal FTSE China 50 ETF (or CIMBC25) is the longest Malaysia-listed ETF with China exposure.

  • CIMBC25 (Stock Code: 0823EA) tracks the FTSE China 50 Index either via full replication strategy or representative sampling strategy.
  • Through CIMBC25, investors get exposure to the 50 largest and most liquid Chinese stocks listed in Hong Kong.
  • Annual Fees: 0.72% of Net Asset Value (NAV)
    • Annual Management Fee: 0.60%
    • Annual Trustee Fee: 0.08%
    • Index License Fee: 0.04%

Sector Exposure of Principal FTSE China 50 ETF

Investors that invest in CIMBC25 gain exposure to 3 main sectors, namely Consumer Discretionary (33%), Financials (29%), and Telecommunication Services (12%).

In many ways, there is a huge resemblance between investing in CIMBC25 relative to TradePlus S&P New China Tracker that we discussed earlier. In short, both ETFs focus on sectors that is highly dependent on consumerism.

Sector Exposure of Principal FTSE China 50 ETF
Sector Exposure of Principal FTSE China 50 ETF (Source: Principal)

Notable Holdings/Companies of Principal FTSE China 50 ETF

CIMBC25 allows investors to gain exposure to the big names in China. As of August 2021, the top 10 companies held by the ETF includes Alibaba, Tencent, Meituan Dianping, Xiaomi, and more:

Notable Holdings/Companies of Principal FTSE China 50 ETF
Notable Holdings/Companies of Principal FTSE China 50 ETF (Source: Principal)

Performance of Principal FTSE China 50 ETF

Unlike the previous ETFs in this article, CIMBC25 is listed in 2010, which means we have enough historical data on the past performance of the ETF.

Looking at the chart, the CIMBC25 ETF has grown by 92% over the past 10 years (2011 – 2021). This translates to an annualized return of 6.64% per year.

In other words, on average, your capital would have increased by 6.64% every year if you invested in the FTSE China 50 ETF since 2011.

Performance of Principal FTSE China 50 ETF over the past 10 years
Performance of Principal FTSE China 50 ETF over the past 10 years (Chart from TradingView)

Which Malaysia-listed China ETF is the best?

So, which Malaysia-listed China ETF should you invest in if you are keen to ride on the huge potential of the China market?

Personally, I think there is no absolute ‘best’ ETF in this case. Rather, it is finding the ‘right’ ETF as per your investing goals and needs:

  • If you are looking to invest in China for the first time, the TradePlus S&P New China Tracker (CHINAETF-MYR) or Principal FTSE China 50 ETF (CIMBC25) can be a good start.

Both ETFs have similar resemblance where they have huge exposure to consumer-heavy industries (ie. Consumer Discretionary, Financials).

In addition, both ETFs are holding companies that most of us are familiar with, such as Alibaba, Tencent, and JD.com.

When it comes to annual fees, TradePlus S&P New China Tracker (0.59%) is slightly lower compared to Principal FTSE China 50 ETF (0.72%).

As for past performance, TradePlus S&P New China Tracker* displayed a better return (+200%) relative to Principal FTSE China 50 ETF (+92%) over the past 10 years (2011 – 2021).

That said, it should be noted that past performance is not indicative of future returns.

[*Backtested results of the underlying index]

  • If you have a deeper understanding of the domestic Chinese business environment, and/or looking for a relatively low-correlation diversification from a US-heavy portfolio, the VP-DJ Shariah China A-Shares 100 ETF can be a decent choice with exposure to China A-shares.

How to invest in Malaysia-listed ETFs?

Investing in ETF is similar to buying/selling stocks. You can invest in Malaysia-listed ETFs via stock brokers that allow access to the Bursa Malaysia stock market, such as Rakuten Trade.

Invest in China ETFs through Rakuten Trade
Invest in China ETFs through Rakuten Trade

Rakuten Trade Referral Link for New Users

Rakuten Trade Referral Link

If you are keen to open a Rakuten Trade account, consider using my referral link below! For that, you'll get:

  • 1000 Rakuten Trade (RT) points worth RM10 to offset your brokerage fee.
  • + 150 RT points when you deposit a min. of RM5,000 within 5 days.
  • + 150 RT points when you transfer your shares from other brokers to Rakuten Trade.
  • + 1x brokerage fee rebate when you place your 1st trade within 30 days after your account is activated.

Aside from that, Rakuten Trade users get +1 RT point for every RM2 brokerage paid! Click HERE for the full T&C on RT points

Open a Rakuten Trade Account Today!


No Money Lah’s Verdict

So, there you have it – a detailed overview of Malaysia-listed China ETFs!

Personally, I think China is definitely going to grow in the coming future, despite regulatory risks from the Chinese government.

Moreover, I think this is where China ETFs shine compared to individual companies, as ETFs can help in reducing company-specific risk.

Regardless, what do you think? Will you allocate certain portion of your capital for exposure in China?

Feel free to share with me in the comment section below!


Disclaimers

This article is produced purely for sharing purposes and should not be taken as a buy/sell recommendation. Past return is not indicative of future performance. Please seek advice from a licensed financial planner before making any financial decisions.

This post may contain affiliate links that afford No Money Lah a small amount of commission (and help support the blog) should you sign up through my referral link.


malaysia dividend etf

ETF: Best Dividend-Paying ETFs in Malaysia

Are you looking to invest for passive income in the form of consistent dividends? Then this post is for you!

In this week’s post, let’s explore several Malaysia-listed Exchange-Traded Funds (ETFs) that focus on paying investors consistent dividends.

As a focus, I’ll talk about TradePlus MSCI Asia Ex-Japan REITs Tracker, Malaysia’s 1st REIT ETF launched to provide consistent, higher-than-average dividends for investors.

In addition, I’ll also briefly discuss several other locally listed dividend ETFs as well at the end of this article.

Before this, here are some posts that you might find useful:

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Why invest in ETFs instead of individual companies?

First, let’s briefly understand why one should invest in ETF instead of individual companies:

ETFs are listed in the stock market, and hence can be bought and sold just like any stocks. Since ETF tracks the performance of a basket of stocks, it presents 3 main benefits:

  • No individual company risks: Since ETF tracks a basket of stocks, a single company that is underperforming or faces regulatory issues has minimal impact on the performance of an ETF as a whole.
  • Filter for quality companies: Usually, when we say that an ETF ‘tracks a basket of stocks’, it means the ETF is tracking a specific index (eg. S&P 500, KLCI).
    p
    To become part of an index, listed companies will need to fulfill specific criteria.
    Hence, by design, this ensures the addition of qualified companies in an index, and the removal of unqualified companies.
  • Passive in nature: In general, investing in ETFs requires less work and commitment compared to individual stocks. Since an index already has a selection criterion in place, filtering of companies (ie. Rebalancing) is done on a consistent basis.
    p
    In other words, investors that invest in ETFs can take a more passive approach in their investing journey (and enjoy life) instead of having to keep up with the financials of individual companies.

Essentially, if you are busy with work and life, I highly recommend for you to check out ETFs over stocks for long-term investments.

ETF is an amazing investment choice for beginners and experienced investors alike.
ETF is an amazing investment choice for beginners and experienced investors alike.

READ MORE: Malaysian’s Guide to invest in ETF


ETF #1: TradePlus MSCI Asia Ex-Japan REITs Tracker (AXJ-REITSETF) Overview

Launched in July 2020, the TradePlus MSCI Asia Ex-Japan Reits Tracker (or AXJ-REITSETF) is Malaysia’s 1st REIT ETF. It aims to provide consistent and high dividends for investors through exposure to quality REITs:

  • AXJ-REITSETF tracks REITs that pay consistent and high dividends from the MSCI AC Asia ex-Japan IMI index.
  • In other words, when you invest in AXJ-REITSETF, you will get exposure to a basket of quality REITs from developed Asian countries (HK and SG), and emerging markets such as China, India, Indonesia, Korea, Malaysia, Pakistan, the Philippines, Taiwan, and Thailand.
  • Dividend payout is done on a quarterly basis (ie. 4 times a year)

READ MORE: What is REIT and why invest in them?


How are the REITs selected?

The REITs from AXJ-REITSETF are selected from the MSCI AC Asia ex-Japan IMI index, an index that tracks the performance of stocks across developed and emerging markets in Asia.

There are a few filtering requirements for a REIT to be selected:

  • Offers a higher-than-average dividend yield
  • Have a consistent track record of dividend payout
Tradeplus reit tracker - reit selection
AXJ-REITSETF has strict REIT selection criteria to ensure exposure to quality REITs. (Source: TradePlus)

Furthermore, to ensure the quality REIT selection, the following REITs will also be filtered out:

  • REITs with negative growth in terms of Distribution Per Unit (DPU) over 5 years will not be included.
  • For sustainability purposes, REITs whose dividend pay-out is extremely high or negative will not be included.
  • REITs without a historical track record of consistent dividend payment will not be included as well.

Filtering is a great feature of an index. Reason being, it sets criteria to automatically include qualified companies, and remove companies that do not meet the required criteria of an index.

Simply put, when investing in an index-tracking ETF, you’ll not need to worry about one specific company (or in this case, REIT) turning bad – they’ll simply be replaced once they do not fulfill the filtering criteria.


What’s in the TradePlus MSCI Asia ex-Japan REITs Tracker?

As of August 2021, the top 10 REIT holdings within the AXJ-REITSETF are mainly Singapore REITs. This is not surprising, given that Singapore is one of the most mature REIT markets in Asia:

TradePlus REIT tracker - top 10 holdings
The top 10 AXJ-REITSETF REIT holdings are Singapore REITs (Source: TradePlus)

 

TradePlus REIT tracker - REIT exposure by country
Nearly 76% of AXJ-REITSETF's REIT holdings are listed in Singapore. (Source: MSCI)

As for sector allocation, industrial REITs and retail REITs make up 58.1% of the overall allocation:

Tradeplus REITs Tracker ETF
Source: TradePlus

READ MORE: Introduction to Singapore REIT (SREIT) and why invest in SREIT?


Performance & Dividend Yield of TradePlus MSCI Asia ex-Japan REITs Tracker

Since AXJ-REITSETF is a newly listed ETF (July 2020), there is no historical data on the past performance of the ETF.

However, you can find the back-tested performance of its underlying index as a reference. Just remember that back-testing performance is not indicative of future performance:

TradePlus REITs tracker - price performance
The back-tested performance of the MSCI AC Asia ex-Japan IMI Index for REITs (Source: MSCI)

In my opinion, purely from the perspective of price returns (ie. Capital gains), AXJ-REITSETF is certainly not impressive. With 5-year and 10-year annualized returns of 1.66% and 7.13% respectively, this ETF is not ideal if you are specifically looking for capital growth.

That said, if you are looking for consistent high dividend payout (ie. Passive income) from your investment, AXJ-REITSETF can be a suitable choice:

 

TradePlus REITs tracker - dividend yield
The dividend yield of the MSCI AC Asia ex-Japan IMI Index for REITs (Source: MSCI)

As of September 2021, the underlying index of AXJ-REITSETF generates a dividend yield of 5.54%*, which is definitely higher than the average dividends payouts in the equity market.

In short, from my understanding of REITs, I am fairly confident that you can expect between 4 – 5% of annual dividend yield from AXJ-REITSETF.

*While it is not clearly specified in the document, I’d assume this is a rolling 12-month dividend yield


A word on the performance of dividend investing:

While approaching dividend investing, it is also helpful that you adjust your expectation to the returns of your investment.

As an example, by nature, as a real estate business, REITs generally have more moderate growth in price. Hence, you probably should not invest in REITs with the expectation of huge capital gains.

However, REITs pay stable and higher-than-average dividends, which can be attractive if you are building a passive income from your investment over the long term.

Understand your goals, and adjust your expectations accordingly.

Compounding growth of a 5% annual dividend when re-invested
Invest $12,000 annually and end up with $446,000 in 20 years.

How to invest in TradePlus MSCI Asia ex-Japan REITs Tracker? 

Investing in ETF is similar to buying/selling stocks. Below, you can find the details of this ETF:

ETF Ticker/Symbol Currency Annual Fees Min. Unit per Transaction
TradePlus MSCI Asia ex Japan REITs Tracker (AXJ-REITSETF) 0837EA MYR Management Fee: 0.50%

Trustee Fee: 0.04%

Index License Fee: 0.015%

Total: 0.555% of Net Asset Value

100

You can invest in AXJ-REITSETF via stock brokers that allow access to the Bursa Malaysia stock market, such as Rakuten Trade.

Invest in TradePlus REITs Tracker through Rakuten Trade
Invest in AXJ-REITSETF through Rakuten Trade

Rakuten Trade Referral Link for New Users

Rakuten Trade Referral Link

If you are keen to open a Rakuten Trade account, consider using my referral link below! For that, you'll get:

  • 1000 Rakuten Trade (RT) points worth RM10 to offset your brokerage fee.
  • + 150 RT points when you deposit a min. of RM5,000 within 5 days.
  • + 150 RT points when you transfer your shares from other brokers to Rakuten Trade.
  • + 1x brokerage fee rebate when you place your 1st trade within 30 days after your account is activated.

Aside from that, Rakuten Trade users get +1 RT point for every RM2 brokerage paid! Click HERE for the full T&C on RT points

Open a Rakuten Trade Account Today!


Another thing that you need to know about TradePlus MSCI Asia ex-Japan REITs Tracker

AXJ-REITSETF uses a full replication strategy to track its underlying MSCI AC Asia ex Japan IMI / Equity REITs Custom High Dividend Tilted Capped Index.

Meaning, you are getting close to perfect replication of an index with the least tracking error.

ETFs' index tracking strategies explained.
ETFs' index-tracking strategies explained.

READ MORE: 3 different replication strategies in ETFs!


2 more Malaysia-listed ETFs that pay decent dividends

There are 2 more Malaysia-listed ETFs that pay consistent and decent dividends. That said, their past and potential dividend yield aren’t as attractive as AXJ-REITSETF, but feel free to explore further regardless!

ETF #2 MyETF MSCI Malaysia Islamic Dividend (MyETF-MMID/0824EA)

The MyETF MSCI Malaysia Islamic Dividend (MyETF-MMID) is an ETF that mirrors the performance of the MSCI Malaysia IMI Islamic High Dividend Yield 10/40 Index.

This is an index that tracks Shariah-compliant companies listed in Bursa Malaysia with higher-than-average dividend yields.

Below are the Distribution per unit (DPU) and Dividend Yield of MyETF-MMID over the 3 most recent financial years:

Financial Year (FY) Distribution Per Unit (DPU) (sen) Dividend Yield (%)
2017 2.81 2.37
2018 2.76 2.38
2019 2.96 2.57

 

READ MORE: What are distribution per unit (DPU) and dividend yield (DY)?


ETF #3 Principal FTSE ASEAN 40 Malaysia ETF (CIMBA40/0822EA)

The Principal FTSE ASEAN 40 Malaysia ETF (CIMBA40) is an ETF that mirrors the performance of the FTSE/ASEAN 40 Index.

This is an index that tracks the largest 40 companies by full market value listed on the stock exchanges of Indonesia, Malaysia, the Philippines, Singapore, and Thailand.

Below are the Distribution per unit (DPU) and Dividend Yield of CIMBA40 over the 3 most recent financial years:

Financial Year (FY) Distribution Per Unit (DPU) (sen) Dividend Yield (%)
2019 6.85 3.59
2020 5.87 3.79
2021 6.18 3.86

 


No Money Lah's Verdict

So, there you have it – 3 Malaysia-listed ETFs that pay consistent and decent dividends!

If you are looking to generate passive income (dividends) through your stock investments, dividend-paying ETFs is certainly an option you can consider.

I hope you find this article helpful, and if you have any questions, feel free to let me know in the comment section below!


Disclaimer:

This article is produced purely for sharing purposes and should not be taken as a buy/sell recommendation. Past return is not indicative of future performance. Please seek advice from a licensed financial planner before making any financial decisions. 

This post may contain affiliate links that afford No Money Lah a small amount of commission (and help support the blog) should you sign up through my referral link.