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

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sheer18
post Oct 8 2012, 06:13 PM

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The Fundsupermarket Singapore really interesting, the first two india fund give return of 22% and 17% within one month...crazy..
I want to Slowly move out my cash investment in Fundsupermarket MYR to Singapor
sheer18
post Nov 16 2012, 10:46 PM

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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
sheer18
post Nov 17 2012, 10:58 PM

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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?

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