Hi I am new here.. I want to ask about unit trust. Is Philip mutual very good company? Because I have been approached by someone to join as an agent.

Phillip mutual or Public mutual?
Phillip mutual is https://www.eunittrust.com.my/
More info can be found here https://forum.lowyat.net/topic/4268975/all

Is one of the place to buy unit trust at zero percent service charge

Philips mutual vs fsm, which place to buy unit trust better and why?

Different platform for different situation

Phillip
- If you have RM5k to topup (during promo only), you can get funds from Phillip at 0% service charge
- A good platform to buy bond fund because if you can topup/buy RM5k worth of bond fund during promo, you won't get charge the 1% (for bond fund). and there's no quarterly platform fees.
- Less user friendly interface

FSM
- Good for those who topup in small amount (<RM5k/topup)
- Nice looking interface
- Charges you 0.05% platforms fees per quarter for bond funds which will increase over time as the value of your bond fund grow (so you are losing money every quarter) just by buying bond funds from FSM.

noticed these Fixed income funds got no platform fees stated....
btw,..these 0.05% per quarter will be 0.2% per year...thus 2% per 10 years.....kind of "cheaper" than buying funds with 1.75% initial sales charges 

Er you are forgetting that as your bond fund value increases, your quarterly payment also increase even if you didn't topup. 

the quantum of ROI one gets with the RR it gives in a fixed income fund outweights the 0.2% pa or platform fees
RM10000 is RM20. if your funds grow to RM20000 will be RM40

anyway, one can select those that has no platform fees

don't focus on the minute things in life that is insignificants to the overall good of life

1. Why pay for something when you can get the same thing for free? It's small but it's still money Too much money to "donate to FSM"?
RM20 enough for my one week groceries already   

Well it's up to a person. I already listed down the pros and cons of FSM vs Phillip. Those who feel like "donating free money" to FSM, be my guest. Those who don't feel like "donating free money" can use the alternative.

Btw, better I donate that RM20 to charity than give FSM. At least the RM20 for charity will be put to good use rather than masuk pocket of iFAST shareholders.  

that is how a person will gets what he seeked in life...
a perudoa car is still a car compare to a toyota car
why pay for so much more for a transport?
you want a better interface you pay more lor
you want a faster CS responses you pay more lor

well,. one choose what he/she wants in life 

Don't get me wrong. I recommed FSM MY to my friends and family but at the same time, I tell them to stay away from FSM platform fees 

Philips mutual vs fsm, which place to buy unit trust better and why?

I've been reading up lately.. Investing in ETFs or Mutual Funds?

Naturally, the clear advice I'd get from senior members and experienced friends tend to be ETF as it has advantages in the form of Fees & Expenses, Liquidity and lower entry amount.

On the other hand, I am quite keen towards Mutual Fund as it is professionally managed and often they offer unique strategies which can outperform some of the ETFs.

This leaves me with a big dilemma. In fact, I might do a split test on both investment channels and see it for myself. :/ Any advice from fellow members will be well appreciated. 

You need to think about how to buy as a malaysian and the cost associated with it.  Even if you go with say Interactive Broker,
- can you cough up USD10k as initial deposit?
- can you withstand their inactivity fees of USD10/month
- do you think about the with holding taxes

Even if you don't choose Interactive Broker and use a Malaysian broker, they will charge you high er brokerage charges (this is confirm) and either maintenance fees or/and dividend fees + 30% with holding tax with forex losses (everytime you make payment, payment will be at bank's rate)
- Now that really adds up doesn't it?

There's a forum post on ETFs
https://forum.lowyat.net/topic/3396549/all

This is just my personal opinion.
ETFs only work for western market. That's it. For asia region, ETF is still not the way to go. Why? There are many funds which still can beat the benchmark index for asian region (after plus management fees). If they beat the benchmark index, they indirectly beat the ETF which track the benchmark index as most ETF are design to just "track the benchmark". It won't surpass the benchmark, it won't underperform the benchmark. It will just give you benchmark performance.

Some other valid reason ETF investing is not for everyone
1) http://fifthperson.com/passive-index-inves...ation-of-value/
2) ETF just "track the biggest company" and being big doesn't make you profitable.

Why u want to go with IB?
There are a lot more US broker with low entrance barrier.
https://www.scottrade.com/online-brokerage/...comparison.html

You need to think about how to buy as a malaysian and the cost associated with it.  Even if you go with say Interactive Broker,
- can you cough up USD10k as initial deposit?
- can you withstand their inactivity fees of USD10/month
- do you think about the with holding taxes 

Even if you don't choose Interactive Broker and use a Malaysian broker, they will charge you higher brokerage charges (this is confirm) and either maintenance fees or/and dividend fees + 30% with holding tax with forex losses (everytime you make payment, payment will be at bank's rate)
- Now that really adds up doesn't it?

There's a forum post on ETFs
https://forum.lowyat.net/topic/3396549/all

This is just my personal opinion.
ETFs only work for western market. That's it. For asia region, ETF is still not the way to go. Why? There are many funds which still can beat the benchmark index for asian region (after plus management fees). If they beat the benchmark index, they indirectly beat the ETF which track the benchmark index as most ETF are design to just \"track the benchmark\". It won't surpass the benchmark, it won't underperform the benchmark. It will just give you benchmark performance.

Some other valid reason ETF investing is not for everyone
1) http://fifthperson.com/passive-index-inves...ation-of-value/
2) ETF just \"track the biggest company\" and being big doesn't make you profitable.

when u talk about ETF we talk about US ETF not UK.