Happy 2013, Wong Sifu.

where is the agent? Have lost contact so long ago... nothing new-lah. DIY is better since you would understand the process.


The performance chart is based on the daily prices. All the annual charges are already incorporated into the daily price; otherwise it would be unfair to buy and then sell just before the financial year-end. In other words, since it is already incorporated in the daily price, the annual fees are immaterial when comparing funds from other companies.

But the % increment (or decrement) does not take into account the (high) service charge of 5.5% - which should be factored in if you're keeping track of your investments on your own.

================
NOTE:
If you're compiling the figures from the chart, take note of any distributions given out a day before. For example, distribution on 31st Dec for Focus Select Fund. The chart will be based on the updated price initially; and PMO will only adjust the distorted price percentage, due to the distribution, latter in the day, or the next day.

I also know that, I just wonder u hv any advance method to get this data. Myself also done some "hardwork" to check the 4433 analysis on all PM fund (total 94). But it is very time consuming.

Hi all sifu
Can I invest pix and PSF today ?
How the market today ?

For UT, doesnt mater you invest today or tomorrow. As it is long term... if you feel the market or country or industry, etc you going to invest has potential upside (based on valuation), can go ahead..

Thanks bro
Which fund better for invest ?

Both seems to be almost the same. MY focus fund.

PIX focus 60% on MY index stock, while PSF focus 40% in index stock. Remaining on other potential growth blue chips stock..

Last I checked, both PIX and PSF under-perform their respective benchmark.

Choose PDSF.

Xuzen

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anyone here invest without going through agent?

I think for PM, you need to go through agent. Unless you buy PB funds.. still the sales charge the same I guess

With or without the agent, the service charge is the same.

I buy my first fund thru Public Bank (PB series fund) and applied PMO the same time. All my following fund is buy thru PMO, the service charge is same, but u can wait for promotion period with 5.00% service charge and 5.25% for DDI.

If you want to DIY and enjoy lower SC, go to FSM.

5/5.25% SC is a whopping rate over 2% top at FSM.

Disclaimer: This provided that you know what you're doing without professional advices and consultation.

This post has been edited by David83: Jan 5 2013, 09:08 PM

er.. FSM is max 2% VS PM's 5.5% (normal) = PM's service charges 3.5% MORE than FSM

FSM
if one is silver ($50K-$149,999 held investment or cost paid, whichever higher, INCLUDING BONDS & MONEY MARKET), then FSM charges 1.75% only
if one is gold (>=$150K held investment or cost paid, whichever higher, INCLUDING BONDS & MONEY MARKET), then FSM charges 1.75% only
VS
PM's Mutual Gold and Mutual Super Duper Gold.... insurance & stuff.

In addition, during "sales" in FSM at 1%, those silver/gold additional discounts are deducted from the 1% too.
This coming 26th Jan 2013 KLCCentre do, 0.5% only but the silver/gold additional discounts doesn't kick in (if i'm not mistaken)

VS
PM's "sales" 5%

As an investor, i'd rather lower my costs - extra insurance coverage (which PM gives) on top of what i'm holding is just blah.
In addition, as an investor, my HELD INVESTMENTS are supposed to grow, thus FSM's "counting" of the higher of "held investments" or "cost paid" to qualify is even more oomph.
The final nail in the coffin in terms of cost control is that bond funds & money market funds (the 0% service charges and 0% exit charges too) count towards Silver and Gold in FSM.

IMHO, my only pain with FSM is the SWITCHING between Fund Houses.
Semi-solved by ignoring Inter-Fund house switching, just switch bond-equity funds within Fund Houses for now

Just sharing for investors that are cost picky.
Note - i'm a PM agent and i STILL get into FSM for cash investments . Pls note that agents get 2.75% or more (depending on level) + "career benefits" (ie. 0.2% of all equity funds held by customers). Yet, FSM is still cost effective & more options to me. Imagine that

Note 2 - not PM bashing yar, just that IMHO it's not the most cost effective and flexible for cash investments now.

This post has been edited by wongmunkeong: Jan 5 2013, 09:46 PM

Fundsupermart is indeed very attractive due to its cost. But, they seriously need to open more branches in Malaysia. There is no FSM branch in Kuching and make it hard to attract more customers though. That is the reason why public mutual dominate the UT market due to its presence. Although the sales charges is high.

Agree with you... PB/PM discount sc 5% is not attractive anymore ever since FSM online platform is here. We are seeing FSM progressing day by day to bring in new funds, even lower sc 0.5 - 1% for equities every few months to do promotion, friendly staff, inviding fundhouse to give talk, etc.. I am impressed!

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Added on January 5, 2013, 10:05 pmhaha... if your PM upline read this, he/she will be furious to you bro..

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Added on January 5, 2013, 10:11 pmYea... other parts of the states will miss out the roadshows, investing talks, etc. I think FSM will gain more market and take some of PM market shares as well. End of the day, this is online Ut investment and is godo for those who are investment savvy ppl. Those who are not so, FSM provides Live Chat which I would say every effective. Also their Client Investment Specialist are every ready to serve you and I can tell you that they will surely response to your email within 1 working day. If they can't get back to you, they will call you and tell you that they are workign on it...

PM will still have market shares on the more matured population, retirees , etc.. just my thought.

This post has been edited by Kaka23: Jan 5 2013, 10:11 PM

I've been SELLING FSM to my upline & his wife
Heck, been selling FSM to my neighbours AND "cash customers" (friends and family lar)

Sorry lar - i'm an investor first and foremost, not an agent per se. Only became an agent those years coz pissed by STUPID ConSultans that gives ZERO value and supposedly guiding and advising me pulak.

Note - not all agents are ConSultans yar.
Just that due to my dumb luck as 90% of agents i met are like that from PM + MAA + Prudential + Ban Hin Lee + Southern Bank + crap load of other agents (land banking, offshore, blah blah). <end of b****ing>
Solution - DIY at lower cost to self, family & friends... er.. that sounds like a TelCo advertisement

This post has been edited by wongmunkeong: Jan 5 2013, 10:15 PM

WMK, few questions.
1) Say now the OSK Big Cap China funds are offering at 1% Sales charge, so for Gold member who is eligible for 0.5%, only pay 0.5% sales charge ? (1% promotion charge -0.5% gold member discount)

2) assuming we are neither Silver nor Gold member yet, If our intention is to buy OSK Kidsave Trust who is charging 2% now, can we find the loopholes to buy in OSK Big cap China which charge 1%, then intra switch to OSK Kidsave Trust??? Thus we will enjoy the 1% since INTRA FUND HSE switching is FOC?

3) If we combine 1) +2), gold member who bought OSK big cap china, pay 0.5%, switch to OSK Kidsave Trust, then only pay 0.5% only?

Hi CheahCW2003 (my sifu in the option of levering on PM's bonds & equities for cash - heheh, that option bombed out now for me coz all cash mutual funds moved to FSM)

1) Well, the last 1% sales charge offer, i received another email after that, stating my "additional" discount also counts for it.
Thus, shd be generic for those 1% sales offer.
I think Pink Spider would be more familiar since he started with FSM earlier
I registered early sja - number 200+ those days but cost/effort didn't make $en$e those days
PINK! WHERE ART THOU!

2) Generally, yes... BUT BUT.. read FSM's SWITCHING FAQ.
If i remember correctly, some OSK & Pheim funds have weird stuff in terms of SWITCHING or switching CREDITS
ie. like PM vs PB isn't the same fund house, OSK xx vs OSK yy aren't considered INTRA
http://www.fundsupermart.com.my/main/faq/faq.svdo?id=8922 (SWITCHING FAQ)
http://www.fundsupermart.com.my/main/faq/faq.svdo?id=2001 (SWITCHING credit system)
Yes yes - i also but after talking/emailing FSM's investment advisers (good fellows them, thank U Eugene Lye! ), things became clearer.
Personally, i'd KILL to get a MATRIX reference on intra & inter SWITCHING. Would make it so much easier for slow pokes like moi

3. Assuming that (2) has no issue like PM vs PB or something different from the general SWITCHING & CREDITS,
Switching from OSK Big Cap to OSK Kidsave Trust = 0% cost

This post has been edited by wongmunkeong: Jan 5 2013, 11:25 PM

hehe.. PM treat become FSM already...