hehe, that's right! In a way you will made 0.75% by buying now then next week. LOL.
But in the 1st place, is it worth to have any bond funds? Putting you money in FD can give you better returns. And this is not bs general statement. Just go through last year data and this year YTD gains for all those bonds/fixed income funds that are OPEN to new investments... and you can verify it yourself.
Ok, the best bond fund was PB Islamic Bond. It is
PB series. All those available in "Public" were less than 4% in 2012. And this year, with the recent downtrend... even worse.
And the real ROI after minus the 0.25% service charge... and now going to be 1%?!!! Who in his right mind is going to hold bond/fixed income funds?
Unless you are holding it before switching it into an equity fund, it is a losing situation you are getting yourself into.
(PS. Bank Rakyat 1-yr FD 4.01%. If it is 20k and above, monthly interest into savings account.)
(PPS. And who in his right mind would pump in money
out of wallet using the bond-to-equity tactic? 1st round lose, then another losing bout getting into equity. Already TKO before the match really begins.)
Thanks for ur comment. But what we always say for UT is the historical performance will not be future performance. I will not predict what will be the return. Besides that, i really need some bond fund to balance up my portfolio. So, I will make some top up before 1-Oct.