I always think there was some incentive given to agents for promoting long investment periods. Seems for every year you are still invested, they will get commission from your investments. Up till 7 years I think or is it lower now?

WOW! I thought only for a limited time after the initial investment.

So you mean to say as long as I'm always putting my money into the fund, the agent also got a cut for as long as I stay invested?

I'm tempted to ask my siblings to stop their contributions so that they don't pay to a useless agent that don't service them at all. Maybe they can exit and re-enter with a different agent.

I think cheeroy's view is that investment that is based on markets cannot be predicted to be high or low after certain periods of time. If the periods are specifically chosen then it can show high gain if using another set of figures it can show losses.

For example using 10 year projections as a base, if you bought UT in 1998 after the financial crisis, you might got a very good gain in 2008 just before the crisis hit again.

But fast forward 1999 to 2009, your investments might not show any gains.

2000 to 2010 might show gains.

So cheeroy's is against ANY sweeping statements that might be used to 'convince' potential investors of the investment.

Most agents tend to concentrate on the 'gains' but never the potential losses or very heavy losses that might occur in a particular year.

This post has been edited by skiddtrader: Feb 1 2012, 05:34 PM

Thats a good suggestion.

Do you mean 0.2% of every penny we put in per year to a equities fund? So if my family invested RM25k per year, he gets 50 bucks from my investments every year for not doing anything?

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Added on February 1, 2012, 6:26 pmYeah I forgot abou tthe service charges...

This post has been edited by skiddtrader: Feb 1 2012, 06:26 PM

FWAHHHH! 0.2% per year from the total units * actual price?
Now I know why so many agents around.