QUOTE(jack2 @ Jul 11 2012, 10:13 AM)
balanced funds sales charge = 2%
bond funds sales charge = usu. 0% or max 1.5%
equity funds sales charge = 2%
u got RM2000, u buy RM1000 bond + RM1000 equity
your "effective" sales charge = RM1000 x 0% + RM1000 x 2% = RM20 i.e. 1% of your total invested money
get the picture?
then when bond go up, equity go down, u top up more on equity
when equity go up, bond go down, u top up more on bond
maintain the split at 50/50 at all times (if u like, u can do 40/60 or 60/40, it's all up to u)
orait enuff "lecture" for today, back to work