Dec 9 2012, 12:07 PM
QUOTE(wongmunkeong @ Aug 15 2012, 08:49 AM)
Ahem ahem.. pls allow me to serong a bit with an idea ar.
Since DDI doesn't stop if there's not enough $ in the funding a/c, just skipped for that month:
1. When U want to get in (ie. during low or "normal range" NAV of the fund), have enough in your funding a/c to DDI
2. When U don't want to get in (ie. during abnormally high NAV of the fund), remove your $ from the a/c for those few days - eg. if your DDI = 8th, then perhaps 7th till 9th, have less than DDI amount in your funding a/c, thus DDI does not happen for that month
Yar yar - snakey a bit but what to do, have to "play the game" based on their rules right? Creative a bit lor.
Please note your mileage may vary
just read few pages of this thread. got some nice info! thanks to all. will continue reading about PM, since i just started this for one fund. trying to figure out how the dividend/distribution work for my fund (pief)Since DDI doesn't stop if there's not enough $ in the funding a/c, just skipped for that month:
1. When U want to get in (ie. during low or "normal range" NAV of the fund), have enough in your funding a/c to DDI
2. When U don't want to get in (ie. during abnormally high NAV of the fund), remove your $ from the a/c for those few days - eg. if your DDI = 8th, then perhaps 7th till 9th, have less than DDI amount in your funding a/c, thus DDI does not happen for that month
Yar yar - snakey a bit but what to do, have to "play the game" based on their rules right? Creative a bit lor.
Please note your mileage may vary
Quote
perhaps you should register an account here tom_87 you can enjoy low sale charge and get UT knowledge thru CIS
Thanks for the explaination
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