AmTactical Bond 2% front end charge
AmDynamic Bond 1% exit fee

Not that significant, esp considering mutual funds are for the long haul.

Here's why
http://www.ram.com.my/pressReleaseView.asp...03-341c2b251ae1

Ah.. So this is the reason. Thanks..

izzudrecoba :
Hi Fundsupermart,

Do you have any ideas why Kenanga Syariah Growth Fund Designated Manager was changed, from Mr. Chen Fan Fai to Chung Yee Wah? Who is this Chung Yee Wah? Is his stock-picking stratey coherent with Mr. Chen Fan Fai?

As a consistent KSGF investors, I request your kind response to my question.


Regards,
Izzudrecoba


Fundsupermart Team:
Dear Izzudrecoba,

We have the answers from KIB for your questions as below:

Mr. Chung Yee Wah joined KIIB as the Chief Investment Officer in February 2012. He brings with him more than 18 years of experience in the investment field, managing domestic and regional equity portfolios. Yee Wah started off as an Investment Analyst in 1993 and had worked in UMBC Securities and HSBC Securities (Malaysia) before he joined Abu Dhabi Investment Authority as a Fund Manager in 1998. He returned to Malaysia in 2007 and joined AmInvestment Bank as an Associate Director for institutional sales (equity). Yee Wah then moved on to UOB-OSK Asset Management as an Associate Director to manage institutional funds before he joined KIIB. Yee Wah earned a BBA from the National University of Malaysia with a major in finance.

Yee Wah, is the designated fund manager for Kenanga Syariah Growth Fund and he is a member of Mr. Chen Fan Fai’s investment team and using the same strategy as adopted by the team. Therefore, there will not be any changes on investment style, investment philosophy, or any portfolio restructuring for Kenanga Syariah Growth Fund.

The team has been consistently adopting the below investment strategies :
i. bottom-up stock picking team that meets the 3 main criteria
- Company with sustainable business model
- Run by competent & proven management
- Trading below what we consider ‘true’ or intrinsic value range
ii. Does not actively time the market
iii. Focus on long term performance rather short term volatility (eg. at the final phase of a bull market because our investment process/valuation discipline will not allow us to chase the ‘hot’ stocks).

Hope these answer your queries.

Best regards,
Fundsupermart Team

I was considering to invest in:
a) Kenaga Growth or Kenaga Shariah Growth Fund (via FSM as offer 2%)
b) OSK Malaysia Dividend Fund (via Cimb Clicks 1.5% upfront fee)

Anyone has the investment experience on these 2 funds?

For dividend fund, look at

Hwang Select Dividend Fund (up to 30% foreign)
AMB Dividend Trust Fund (up to 30% foreign)
Eastspring Investments Equity Income Fund (100% domestic)

This post has been edited by Pink Spider: Dec 6 2012, 01:32 PM

AMB Dividend trust foreign exposure only on REITs?

Not limited to foreign REITs lar, it can invest in Asia Ex-Japan dividend-yielding shares.

Okok..

which fund ? if your selling price is greater than purchase price - sales charge then why not. as long as untung

This post has been edited by aoisky: Dec 10 2012, 11:36 PM

What u are saying is that we should trade unit trusts. Well, good luck.

NO. what i mean is if your UT is in earning state you can consider sale it or pt it in long term.

market up for this week...

For the 1st time since 2010, my Emerging Markets Equity fund seeing positive IRR...3%++

Congrats bro... guess everywhere is seeing positive recovery already, except Eurozone I guess.

When you topping up your Hwang Asia Quantum? I hv not buy in yet...

Dunno...that fund is crazy, IRR 30%++

But that IRR not that accurate lar, since I've just invested in it less than 3 months ago

I'm preserving a little ammo for my global equity fund just in case Dow & S&P 500 crash if US couldn't resolve that "fiscal cliff" by year-end

I hope Obama will/must resolve the fiscal cliff. If not, it will impact world wide economy..

All funds in my portfolio in the black now...tak pernah aku tengok benda macam ni...my perseverance is paying off



This post has been edited by Pink Spider: Dec 11 2012, 11:43 AM

China Fund Ka

Haha.. Good for you. I got 2 commodities fund in red. Each losing like rm1k. I think I need to wait, 2-3 years for it profit. Wrong move that I bought it at the peak..

---

Added on December 11, 2012, 1:02 pm
PM funds?

This post has been edited by Kaka23: Dec 11 2012, 01:02 PM