It won't re open already. Was fully subscribe around July this yr..

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Added on November 17, 2012, 11:40 amMe too... Will look see look see first.

This post has been edited by Kaka23: Nov 17 2012, 11:40 AM

According to the CIS, they are currently integrate the PRS account with the Fundsupermarket system. Start from next year they should be completed the system integration, then we can manage it just like other cash and EPF investment.

I ask the CIS, is there any person has subscribed the PRS? He said he and his boss, and quite many inquiries. In my opinion if we just have little money like RM1k, can't really see the benefit. But if we have more than 3k to dump in, then we can see some advantage.

Currently Hwang is the first one to get the approval, Fundsupermarket plan to have all on board except Public, which they don't think the bank will allow them to do so.
So the question is , whether you are confident in the Hwang IM fund performance?

May I know which CIS? hehe...

I am confident with Hwang funds performance, although I do not have any of their funds yet. Planning to get Hwang Asia Quantum...

i have confidence in HwangIM which focus on delivering superior returns for their current funds, rather than creating millions of new similar funds just for the sake of selling...

Looks like all fund houses creating so many new funds in a year. They probably thins the market here has still exponential growth to capture. Young market for UT maybe..

just activated my FSM account. notice from some previous posting did mention about exit fee, curious what is it?

Some funds will incur exit fee when you sell it off.

thanks bro. tomorrow can start buying my fund any recommendation

I am no UTC, so not so qualified to advice.

For me, I will draft out my objective(s) of this investment. For retirement, child education, etc? How long of time frame? Risk tolerance? Expected return pa?

I will initially stick to 1 bond and 1 equity which has MY exposure first la.

currently holding 7 funds in PM & EI all in equity, thinking to offload some pt in bond fund here

hows the performance?

ups and downs heavy loses on these two fund

Public china select fund
PRUglobal equity blend fund

You plan to concentrate your UT investment in FSM in future? Or you will still stay invested in PM and EI as well?

All three but may favor FSM (due to low sales charges), PM (most of my fund in) and reliable, EI (planning to reduce poor performing)

I agree with you on FSM low charges. This is the reason am invested as well.

I also have PM funds till now. Way forward, I am investing less and less in PM. Furthermore, I foresee when doing rebalancing of portfolio, it will be painful as need to manage 2 platform.

Maybe you can consider transfer in you EI fund to FSM.

I heard that it is possible to do that (EI trsf to FSM). would it be troublesome in procedure wise and others factor never done such thing. any cost incur ?

Agreed. I love HwangIM, they have only 1-2 fund serving each category of fund, and most if not all are above-average performer in their respective category.

This post has been edited by Pink Spider: Nov 18 2012, 07:51 PM

Are they good in Bond Fund too?

No charges at all for transfer in to FSM. Just need to fill in 3 documents (in my case), then submit to FSM. Then wait for 1 month, you can see the fund in FSM online already.

Just drop an email to FSM, saying which fund you want to transfer in, from which distributor (which bank).. then they will send you the related forms to fill in. After you fill, just email to them and let them do the final checking before submit hard copy to them.

Check out Hwang Select Bond Fund