Hi Kaka23,

Thanks for visiting my blog....just trying to share info....

Yes, am still invested in both platforms, but i only have AmDynamic Bond in eUnitTrust platform. I tried to switch in from FSM but FSM said cant switch in from eUnitTrust....

when i first invested in eUnitTrust, this platform has some funds that are not available in FSM, but since then FSM has grown so much that it has outgrown eUnitTrust by leaps and bounds....so my investment in eUnitTrust is in so called semi coma status. I want to sell off the AmDynamic holdings in eUnitTrust to close the account, but a bit sayang since i cannot buy it back anymore.

Agree with you, will be sayang to sell off AmDynamic. Better don't sell... Unless AmTactical can give similar or better yield, then can sell off AmDynamic.. Haha. But we will only know after sometime, maybe 1-2 years.

it is not a smart move to "switch" from Am dynamic bond to Am Tactical bond Fund. reason being when u sell Am Dynamic bond, u pay 1% exit fee, and u pay 2% upfront fee for Am Tactical.

second that

I'm gonna keep my holdings in AmDynamic Bond til they close that fund or the day when I die, whichever is latter

You serious!

Open for qualified investors only***

What do you mean bro?

yeap, agree, 7-9% pa is darn good already. thinking back, didn't invest enough

Private Retirement Scheme (PRS) from FSM.

http://www.fundsupermart.com.my/main/resea...?articleNo=2911

Guess only December can start to buy... Website not yet ready.. hehe

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Added on November 16, 2012, 5:51 pmI hope can get 9-10% every year... 70% of my portfolio is AmDynamic.

This post has been edited by Kaka23: Nov 16 2012, 05:51 PM

Mine pulak at 40%++

As I pump in more into equity funds it will go down some more, when it drops to 25% I'd start shopping for a new bond fund.

Bro.. let me know which bond fund you will be eying next time?

I am waiting for all my transfer in to complete. Still got few more funds not yet in FSM. So not much of topping up since AmDyamic close for purchase.

I divide my UT portfolio into 2:
(i) Reserves - my excess cash and "reserve funds"
(ii) Investments - holdings for long-term

For (ii), currently only have Hwang Select Bond Fund in mind. Yes its got 1.5% SC, but its solid performance and diversified portfolio attract me. It invests in global bonds but the fund manager actively employs currency hedging tools to hedge foreign currency-Ringgit movements.

For (i), I have AmIncome Plus and OSK-UOB Income Fund. AmIncome Plus steadily delivers FD returns at near zero volatility, whereas OSK-UOB IF gives me returns of 4.3% p.a. at very low volatility.

who is interested on the PRS from Hwang IM?

The Growth PRS will be invested in the Hwang select Asia opportunity fund, Hwang Asia Quantum fund and Hwang select bond fund. But it is for age below 40

Look the the product sheet:
Pro:
Tax relief
0% sales charge
low start up investment from RM100
Cons:
RM8 annual administration fee for PPA
additional 0.04% NAV to PPA, same rate as the charge to Trustee

I'd prefer to wait and see, see how convenient it is to manage our investments under PRS. If its as troublesome as EPF investments in UT, I'd not bother, my tax bracket ain't that high to make the tax savings worthwhile

to me, basically PRS is just like normal UT funds, except that you cant withdraw as freely as you want. but the good thing is you get low sales charges for the investment, which in most cases you wont get in UT investment.

so, if you are investing for the long term for retirement purpose, so yes, i guess this is another good channel to build your retirement fund, instead of the normal UT funds.

for me, i will basically reduce some of my RSP in FSM to invest in PRS. currently, the process to invest in PRS is still manual, i.e. bank in $, scan docs and email to FSM. based on what FSM is saying, they will have proper PRS online system by Q1 2013.

This post has been edited by jutamind: Nov 17 2012, 12:40 AM

PRS only apply to EPF, rite? How about wanna invest using cash? Possible or not?

You can use cash to buy in PRS. You have the flexibility to buy in anytime and how frequent you want, just like normal UT. Just that, you cannot "take out" the money before reaching retirement age.

Can, but got penalty

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Added on November 17, 2012, 10:10 amThe following fees/charges are charged to contributors:
- Fund sales/redemption charge, if any
- PPA account opening fee RM10 (one-off)
- PPA annual fee RM8 (not applicable for the first year the account is opened and the year(s) where no contribution is made)
- PPA pre-retirement withdrawal fee RM25 per transaction
- Pre-retirement withdrawal tax penalty of 8% payable to Inland Revenue Board of Malaysia

This post has been edited by Pink Spider: Nov 17 2012, 10:10 AM

Interested in ambond dynamic but it's closed. Any possibility that they will re open it in the future? When was it fully subscribed anyway?