Thanks
Can one be an agent of PM and other fund houses after getting the license?

Nope - U can only be a rep of one fund house UNLESS U sit for gawd knows what exam and register with SC or something, then U can represent a few. I think there are less than50 or so people that has the license to do so.

Sifus - please correct & add details yar. My memory's getting foggy - read and met up with a few of these fellows 2 to 3 years ago

Cheh.. BAFIA only mah.. Who does not BAFIA here?

Nope - U can only be a rep of one fund house UNLESS U sit for gawd knows what exam and register with SC or something, then U can represent a few. I think there are less than50 or so people that has the license to do so.

Sifus - please correct & add details yar. My memory's getting foggy - read and met up with a few of these fellows 2 to 3 years ago

ya corrct - 1 UT compnay only. if want to join other UT company, kena resign frm current company.

it can be good or better but not the best time. we cannot time the market.

its medium to long term, means 3 yrs and above to c the actual returns. if the timing is so good, u can c the return before the 3 yrs.

so, interested? waht is ur plan actualy? profit taking? or capital grow? going for steady dividedns?

from koinibler:

Anyone can clarify that even though the sales charge mention is 5.5%,
but in reality its always deduct only RM 5.21 from RM 100, mean the sales charge only 5.21% 

Is my calculation are wrong?
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how many uunits u got for RM100? waht is the unit price?

Usually I'll calculate the other way round.

Amount invested: I
NAV:
Buying price: NAV +5.5% = P

Unit bought: I/P

Sure boh BAFIA? Not bank leh

More like some people with license to open a CUTA (Corporate Unit Trust Adviser) or IUTA (Institutional Unit Trust Adviser).

That is because the service charge is a percentage of the NAV per unit and not from the amount paid.
To make things simpler, I use the following formula to determine  total service charge. (I forgot how i came up with this 2 years ago!)

Total charge = (Amount paid / (100 + SC)) x SC.

For example, assuming RM 100 paid and SC of 5.5%:
(RM 100 / (100 + 5.5)) x 5.5
= 100 / 105.5 x 5.5 = 5.21

If you replace the SC with 5.5%, then the end result is equivalent to 5.21% of amount paid. But you can use this formula for any other SC rates as well.

If anyone else got an easier formula do share!

nice formula,
although my brain can't comprehend why that, why this,
but its good to know a working/simpler formula that I can rely on next time.
Thanks...
now, need to google BAFIA 

If I invest into Bond now, is it OK ? Just to diversify my portfolio...

Which bond is recommended ?

Thank you

If I invest into Bond now, is it OK ? Just to diversify my portfolio...

Which bond is recommended ?

Thank you

debbie, would you recommend any unit trusts at the moment?

Public Saving Fund, Public SmallCap, Public Growth Fund. These are the funds that suit my appetite. To each his own.

This is the right time to buy such equity fund ?  Among the three, which give the best return ? which has the lowest risk ?
Which GOOD bond fund is still open ?

This is the right time to buy such equity fund ?  Among the three, which give the best return ? which has the lowest risk ?
Which GOOD bond fund is still open ?

You can search in http://my.morningstar.com for the fund performance