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 Fundsupermart - Invest Globally and Profitably, Discussion on investment through FSM

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SUSPink Spider
post Jun 22 2012, 09:27 PM

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QUOTE(techie.opinion @ Jun 22 2012, 08:43 PM)
How much the charges?
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Same, 0% entry fee, 1% exit fee
SUSPink Spider
post Jun 24 2012, 12:09 AM

Formerly known as Prince_Hamsap
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QUOTE(denon91 @ Jun 23 2012, 11:17 PM)
anybody follow the Regular Saving Plan (RSP) program??
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Nope, prefer to do it myself, buy when market has a major dip. If no major dip happened during the month, by the end of the month will also buy in laugh.gif


Added on June 24, 2012, 12:09 am
QUOTE(techie.opinion @ Jun 23 2012, 10:29 PM)
Thanks ya... Plan to visit Ambank... Looking for option to do regular saving plan by monthly basis.. Using cash.
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AmDynamic Bond minimum RM200 per purchase icon_rolleyes.gif

This post has been edited by Pink Spider: Jun 24 2012, 12:09 AM
SUSPink Spider
post Jun 24 2012, 09:58 PM

Formerly known as Prince_Hamsap
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QUOTE(Kaka23 @ Jun 24 2012, 05:23 PM)
Their forum seems very inactive.. Bit disappointed. You guys who have the account don't use their forum to share information?
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I think there are more FSM users here than on FSM forum. laugh.gif
SUSPink Spider
post Jun 24 2012, 11:53 PM

Formerly known as Prince_Hamsap
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QUOTE(Rich_Lim @ Jun 24 2012, 11:38 PM)
Just downloaded & user friendly -superb! rclxm9.gif easier to track
Still waiting for approval for my cash account  yawn.gif already have few bonds in mind  whistling.gif
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The usual suspects...AmDynamic Bond, OSK-UOB Emerging Markets Bond...what else? laugh.gif
SUSPink Spider
post Jun 25 2012, 12:04 AM

Formerly known as Prince_Hamsap
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QUOTE(Rich_Lim @ Jun 25 2012, 12:00 AM)
Oracle you're!  brows.gif
Whats your take for Kenanga?
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I favour Hwang Select Opportunity to Kenanga, not very keen on a an equity fund that invests solely in Malaysia. wink.gif
SUSPink Spider
post Jun 25 2012, 01:07 AM

Formerly known as Prince_Hamsap
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QUOTE(Rich_Lim @ Jun 25 2012, 12:54 AM)
doh.gif Forgotten you're more on offshore kinda investor
Thinking of ReiTs too, looks promising but plantation is equally juicy  hmm.gif
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PLANTATION? Which fund focuses on this sector? blink.gif
SUSPink Spider
post Jun 25 2012, 09:43 AM

Formerly known as Prince_Hamsap
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QUOTE(Rich_Lim @ Jun 25 2012, 01:12 AM)
Maybe not from FSM, but was advised to look out for them  whistling.gif
Still learning on this big boy game
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Plantation...I think u need to buy individual stocks on KLSE hmm.gif
SUSPink Spider
post Jun 25 2012, 11:56 AM

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QUOTE(mois @ Jun 25 2012, 11:28 AM)
If we buy fund through fsm, normally the statements will be issued by who? The fund house or fsm?

I bought amdynamic bonds through ambank last year. Can we merge it into fsm account?
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Statement
- By FSM

Yes u can apply to "transfer in" your holdings from AmBank to FSM nod.gif
Refer https://www.fundsupermart.com.my/main/buysell/transferIn.tpl?

This post has been edited by Pink Spider: Jun 25 2012, 11:57 AM
SUSPink Spider
post Jun 25 2012, 10:35 PM

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I'd say...UT or share trading or share investing they're all quite similar...u won't learn til u lost money tongue.gif
SUSPink Spider
post Jun 28 2012, 01:11 PM

Formerly known as Prince_Hamsap
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QUOTE(wayne84 @ Jun 28 2012, 12:39 PM)
Do i need to have Central Depository Account (CDS) before open an account in FSM to buy any bond?
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laugh.gif doh.gif

Just open an investment account with FSM, everything u need to know is explained in the FAQ section of its website. Take time to fully explore the website, PUT IN SOME EFFORT, all u need to know can be found. icon_idea.gif
SUSPink Spider
post Jun 29 2012, 05:13 PM

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QUOTE(mytaffeta @ Jun 29 2012, 04:07 PM)
i send all needed documents via email y'day and received call today.. so i need to wait 2-4 days, after than then my account will be activated?
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wait for them to post a sealed letter with your initial login password icon_rolleyes.gif
SUSPink Spider
post Jun 30 2012, 01:46 PM

Formerly known as Prince_Hamsap
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QUOTE(Kaka23 @ Jun 30 2012, 01:42 PM)
What account to open is better? Personal or with beneficiary?
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Beneficiary account works like this, let's use an example...

Beneficiary = your wife
Account operator = you

So, u will be the one managing the FSM account, they take instructions from u.

BUT, REDEMPTIONS CAN ONLY BE PAID TO YOUR WIFE.

U wanna do that? shocking.gif
SUSPink Spider
post Jun 30 2012, 08:35 PM

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QUOTE(Kaka23 @ Jun 30 2012, 03:27 PM)
Huh.. Redemption cannot to me? Or maybe both still ok. But only to wife seems a bit weird..
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Maby u check with FSM LiveHelp on Monday? hmm.gif

That's what I understand lar...cos Beneficiary account is like, u managing someone else's fund...it won't be right for the account manager to redeem and FSM pay to him, right? tongue.gif
SUSPink Spider
post Jun 30 2012, 10:18 PM

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QUOTE(howszat @ Jun 30 2012, 09:50 PM)
From FSM website:The main account holder operates everything on behalf of the beneficiary, eg like a parent on behalf of the child (beneficiary). The beneficiary "do not have rights over this account".
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Yea I read that. But hor...like previously EON Bank got this child savings account which my colleague opened for her daughter, she can only deposit, cannot withdraw from the account. hmm.gif
SUSPink Spider
post Jul 3 2012, 08:54 AM

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QUOTE(Kaka23 @ Jul 3 2012, 08:01 AM)
Do you guys think in near future to come, Fundsupermart investors will be facing problem on cannot buying in some funds anymore due to the funds closure to public because they have arrive the approved max units sold?

Something like what ppl is facing for some funds in PM..
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The FM CAN apply to SC to increase fund size. Of cos existing unit holders approval is also needed.
SUSPink Spider
post Jul 3 2012, 10:01 AM

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QUOTE(wongmunkeong @ Jul 3 2012, 09:56 AM)
In addition to what Pink posted,
er.. isn't FSM "an agent", not a Fund House per se that "publishes" the funds?
Thus, FSM has no actual "powers" to affect the approved max units in market, right?

Just curious and hope to be corrected if i'm mistaken  notworthy.gif
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Wong Sifu~ wub.gif

Yeah nod.gif

Kaka23, please forward your query to OSK-UOB / AmInvestment Bank / Eastspring Investments tongue.gif

This post has been edited by Pink Spider: Jul 3 2012, 10:02 AM
SUSPink Spider
post Jul 3 2012, 11:35 AM

Formerly known as Prince_Hamsap
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QUOTE(Kaka23 @ Jul 3 2012, 11:29 AM)
haha... I think if I ask them, their answer will be the same as yours. But sometimes, just hate it when cant buy into funds anymore to average down. I am facing this with some PM funds.. so now have to wait longer period to break even.
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aiyo...AmBond Fund Size RM1,276.22 million (as at May 31, 2012) pun belum close lar...lu bimbang apa? laugh.gif
SUSPink Spider
post Jul 3 2012, 01:07 PM

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QUOTE(Itu_Dia_Man @ Jul 3 2012, 12:22 PM)
Anyone went to the FSM event at Menara Star last Saturday? The OSK guy intro a few award winning trust funds. The Emerging Market bond looks to have a good prospect. With China having slashed its interest rates recently, would this have an impact on the emerging markets such as Indonesia, Phillipines etc maybe following suit and slashing interest rates as well. Any comments?
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Invested less than 3 months, and I'm up 3%++ with this fund sweat.gif

Which other funds made it into the Recommended List?

This post has been edited by Pink Spider: Jul 3 2012, 01:10 PM
SUSPink Spider
post Jul 3 2012, 01:20 PM

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QUOTE(Itu_Dia_Man @ Jul 3 2012, 01:18 PM)
Is it not good? They mention that the fund return is around 6% since its inception in January this year.

The recommended list for 2012/2013 will only be announced on 11 July. There will be more funds and fund houses this time around. Also got more categories, one of them is emerging markets.
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doh.gif

bro, if less than 3 months also can go up 3%++

means, if annualised, it may go up to 12%+ p.a. drool.gif

This post has been edited by Pink Spider: Jul 3 2012, 01:20 PM
SUSPink Spider
post Jul 3 2012, 02:41 PM

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QUOTE(Itu_Dia_Man @ Jul 3 2012, 02:34 PM)
I see. Kk thanks. Just wondering any factors which could cause the reduction in the emerging markets bonds return. If those countries do follow China's lead in cutting interest rates, then it can only be good for the bond market right?
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if u buy BEFORE the rate cut, good for u rclxms.gif
if u buy AFTER the rate cut, bad tongue.gif

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