No charges

anybody know anything about the T+4 for purchasing from FSM ?

eg payment settled on 1 oct, then i receive and email saying t+4

so my purchase price would be on 1 oct but it takes t+4 to reflect on my account ?

Yes u r right

u guys use DCA approach ?

No I don't, I prefer to do monthly review and then only decide which fund(s) to top up and top up by how much

but, DCA commision cheaper, right ?

and MIND　to share what ur review ? Ur approach ??
Thanks

Sales Charge whether DCA or normal purchase is same la

My approach? Too long-winded to share here

So did you go? Any insider tips.. hehe

IF NOT WRONG, they offer 1% sales charge to DCA method.... eg. every 10th of the month, u pump RM 200 in their fund.

correction:
- 15th of each month
- sames Sales Charge, no diskaun (except for new akaun holders)

Hi Kaka23,

Apologize as I was outstation to Pasir Gudang on the said date. Sad

no worries bro...

Kaka bro

u investing for long-term capital growth, or with income in mind?

Bcos FSM dun give cash dividends (all dividends are reinvested), I wonder those who invest with income in mind, how they do? Every now and then sell from their unit holdings?

What I plan to do is, one day when my portfolio as a whole is growing at a rate equal to my monthly top-up amount, I will stop topping up and use the cash.

E.g.
my monthly top up = RM500
my portfolio is growing RM6,000 p.a. (average RM500 a month)
I will stop topping up, use/invest the RM500 excess cash I have every month elsewhere

RM6,000/5%=RM120,000

Ok, at growth rate of 5% p.a., I need a portfolio of RM120K to achieve +RM500 a month

Pinky bro,

I always prefer to invest in funds that give dividends (income). At this point of time or in near future, these dividends I would want to reinvest (this is what FSM is doing). Well.. maybe you will say there may be no meaning by giving dividends in UT... haha

My target, when I am retired or near my retiring age (if I want to retire early), I can use this dividends.

It may be just me.. When I want to buy UT, one of my screening criteria is also to look at the NAV price. Lower NAV, I will consider. Higher NAV (capital growth funds), will always makes me think few times before going in. Example, the growth fund lets say been in the market for 5 - 6 yrs, and nAV is like 1.00 (from initial 0.50).

I am no pro.. just my thinking as I dont have much sharing of experience or chit chatting with ppl with finance UT knowledge. That is why I am here in LYN.. haha

Which fund in FSM will give out distribution only (i.e. not reinvested) ?

FSM got no option to receive distribution by cash, all are reinvested into investors' account.

E.g. AmDynamic Bond distribute dividend, all are reinvested. If u want to receive the cash, u may want to sell the units yourself.

For example 5 sen per unit, and u hold 100,000 units, so u will get 100,000 x RM0.05=RM5,000 dividends

Assuming reinvestment price is RM0.6000, u will get RM5,000/RM0.6000=8333.33 units

So, if u prefer to receive CASH dividends, just sell the 8,333.33 units as soon as it is credited to you

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Added on October 6, 2012, 12:34 pmKaka...

With FSM, whether the fund distributes dividend or not makes no difference to us, cos all are reinvested.

^ Refer my reply to Ronnie above

This post has been edited by Pink Spider: Oct 6 2012, 12:34 PM

Investors should never judge if a fund is cheap or expensive based on its fund price. Instead, investors should be aware of the valuations of the underlying markets which the fund invests in. When market fundamentals (such as attractive estimated PE ratios and strong earnings growth) and economic outlook are both supportive, it still makes good sense to invest in a fund even though its unit price is high.

http://www.fundsupermart.com.my/main/resea...?articleNo=2288

Thanks.. You are right!

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Added on October 7, 2012, 5:07 pmWhy CIMB-Principal Global Growth Fund: Closed For Good?

This post has been edited by Kaka23: Oct 7 2012, 05:07 PM

The Fundsupermarket Singapore really interesting, the first two india fund give return of 22% and 17% within one month...crazy..
I want to Slowly move out my cash investment in Fundsupermarket MYR to Singapor

http://www.fundsupermart.com.my/main/resea...?articleNo=2812

Sales charge discount promotion for 4 funds..