QUOTE(john123x @ Apr 24 2012, 11:22 PM)
I didnt say these brokers are rubbish, I am jsut saying the risks are higher.... when putting money at them...
Its not IC, its bank in slip. it might look trivial. but it reflect on the company's IT ability to integrate with MEPS. It shows whether the company is willing to spend on necessary expenditure. what if some stupid fellow lose the bank in slip...... i aint kidding you, a lot of these stupid fellow around me.
its a bout concept of deposit guarantee and capital protection
dont speculate, i am thinking you guys are FSM agents, or some kids investing peanuts....
3. How long can this fundsupermart last? 10 years, 20 years, 30 years? 40 years, 50 years? we r investing for old age retirement .... not some speculating unit trust. after 50 years, can anyone guarantee this fsm still around?
you guys are putting money in a company that you dont know much about. FSM AGM? FSM Financial reports? and who are fSM directors?
Even if i invest? WHO CAN GUARANTEE that my deposit wont be gone if one of the director gone missing, or the company liquidated.
This world is not about talking only.... esp not with people had earned money....
Bro, lu tau apa itu Securities Commission? Federation of Investment Managers Malaysia (FiMM)?
FSM is an INSTITUTIONAL UNIT TRUST ADVISER, registered with the Federation of Investment Managers Malaysia (FiMM) and licensed by the Securities Commission to deal in unit trusts and to offer investment advisory.
Hong Leong Bank and CIMB Bank account holders can pay for FSM purchases using the respective banks' online payment facility.
GO EXPLORE FSM THOROUGHLY BEFORE U START TO FLAME/TALK BAD OF FSM.http://www.fundsupermart.com.my/main/faq/faq.svdo?id=2409#2Guarantee? Since when Unit Trusts are guaranteed in Malaysia?
FSM HAS NO AGENTS. If they do, with max 2% sales charge, the agents have to live on roti canai and nasi lemak bungkus

Obviously u dunno what is the role of unit trust consultants...
FSM takes the money and place with the respective Fund Houses...and the funds' underlying assets is entrusted to the respective Trustees.
If FSM does go bust, your investments are still with the Fund Houses. If it is not, u can always report to Securities Commission.
If u are STILL sceptical, I'd suggest u to put all your cash inside your toilet bowl.
P.S. - So, commercial banks won't go bust? Really?
This post has been edited by Pink Spider: Apr 24 2012, 11:53 PM