say if i sale my SB how may i utilize the 0.5% ?

This post has been edited by aoisky: Dec 12 2012, 11:01 PM

When u later switch from SB to AQ or any other HwangIM fund with 2% SC, u will get free switching.

yes understood. my question is what if i sale my SB without performing any further switching after i switch from AQ to SB. my credited 0.5% how to utilize ?

http://www.fundsupermart.com.my

FAQ

huh... redirect me to main page wor.
hm not helpful ... well i guess the answer is switching from AQ to SB and then sale SB i will never utilize the 0.5%

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Added on December 13, 2012, 12:56 amsay for example AQ (SC=2%, min investment = RM 500) and SB (SC=1.5%, min investment = RM 500) both NAV price at 1.000 and I have RM 1,000 to invest.

scenario a
buy AQ lump sum RM 1,000.00

purchase prc units nav invest amt sc % sc amt
RM 1,000.00 980.39 1.0000 RM 980.39 2.00% RM 19.61

then switching from AQ's RM 500 to SB

purchase prc units nav invest amt sc % sc amt
RM 480.39 480.39 1.0000 RM 480.39 2.00% RM 19.61
RM 500.00 500.00 1.0000 RM 500.00
RM 980.39

scenario b
buy AQ and SB evenly RM 500.00 each with my available money

purchase prc units nav invest amt sc % sc amt
RM 500.00 490.20 1.0000 RM 490.20 2.00% RM 9.80
RM 500.00 492.61 1.0000 RM 492.61 1.50% RM 7.39
RM 982.81 RM 17.19

correct me if i m wrong, your method / strategy of purchase AQ switch to SB have slightly losses in term of initial investment value and let say i sale my SB with performing further switching. slightly disadvantages.



This post has been edited by aoisky: Dec 13 2012, 01:04 AM

Bro.. Asia Quantum having 1% sales charge. Making me lagi tempted to go in now.Another plus is just after dividend (though not much effect)..

if u no perform any switching from SB fund to other equity fund you wont get back your 0.5% right ?

btw what is normal price for AQ?

This post has been edited by aoisky: Dec 14 2012, 10:43 PM

What's the 0.5% "loss" compared to potential loss u may suffer if u go 100% into AQ and then equities plunge?

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Added on December 14, 2012, 9:44 pmWhat are u waiting for?

This post has been edited by Pink Spider: Dec 14 2012, 09:44 PM

yea.. already buy in for 1K. Just need to do bank transfer only..

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Added on December 14, 2012, 9:53 pmBro.. dont quite understand your 1st Q.

2nd Q, you mean normal sales charge? If yes, it is 2%. Now is 1% for this promotion.

This post has been edited by Kaka23: Dec 14 2012, 09:53 PM

Why u dun wan to park ur excess cash in Cash Management Fund? Good returns, convenient also...

Thinking of ot, but just no action yet.. hehe

Will do it when I get my next pay check in.

Selling cash management, how long it takes for FSM to bank into our bank account?

T+2
Additional 1 day working if you're not using Maybank cos I think FSM is using Maybank to do GIRO transfer

No bro you read back may statement what i mean is, from your available $ you allocate 50% to AQ and 50% to SB may save your SC charge compare to 100% dump to AQ than switching to SB. if you forgotten to switching SB to other equity fund you may loss 0.5 %.

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Added on December 14, 2012, 10:44 pmwrongly type my statement, revised already

promotion apply to selected fund only right ?

This post has been edited by aoisky: Dec 14 2012, 10:46 PM

yeah.. only selected funds

So you are averaging down your Hwang Asia Quantum Fund NAV right ?

That "trick" I taught is only useful for those with limited capital...e.g. u only got RM1,600 to invest and u like AQ but scared by the recent strong upswing in equities...buying in RM1,600 on AQ and then switching half i.e. RM800 to SB will give u an instant "DIY balanced fund"

Of course if u got RM2,000 by all means put RM1,000 in AQ and RM1,000 in SB

This post has been edited by Pink Spider: Dec 14 2012, 11:51 PM

No bro, buy in new fund for me..

in my consideration list of fund but d nav price quite high now

Valuation for the country the fund invested in quite attractive to go it, got upside potential..

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Added on December 15, 2012, 6:46 amWow.. Rhb Islamic bond up 9%++ in just 1 month.. Best bond fund this year la

This post has been edited by Kaka23: Dec 15 2012, 06:46 AM

How on earth this RHb islamic earn 9% in a month? Did they manage to recover the loss back then?