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Fund Investment Corner v3, Funds101
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David_Yang
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 Jan 17 2021, 05:07 PM
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QUOTE(GrumpyNooby @ Jan 17 2021, 03:52 PM) Principal Asset launches Next-G connectivity fund
KUALA LUMPUR: Principal Asset Management Bhd today launched Principal Next-G Connectivity Fund, which will be initially distributed exclusively through Standard Chartered Bank branches nationwide. Actually this is just a feeder fund for that one: Neuberger Berman 5G Connectivity Fund As Huawei is not listed on stock market, it cannot invest in the by far most attractive company of the sector. Here you can find their Top 10 holdings as of 30 Nov 2020: https://secure.fundsupermart.com/fsm/admin/...sheetNBB058.pdfI will have a look in the companies, probably something will interest me. |
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David_Yang
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Jan 19 2021, 02:10 PM
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QUOTE(GrumpyNooby @ Jan 17 2021, 06:17 PM) Well, a lot of boombastic funds newly launched are mainly feeding into offshore funds or ETFs. RHB i-Global Sustainable Disruptors - MYR Hedged -> Based currency in USD and advised by J.P Morgan Asset Management (Singapore) Limited. United Great Dragon Fund - MYR Hedged -> United China A-shares Innovation Fund - A Acc USD Affin Hwang World Series - Next Generation Technology Fund MYR-Hedged -> Blackrock Next Generation Fund Affin Hwang World Series - Global Disruptive Innovation Fund - MYR Hedged -> Nikko Am ARK Disruptive Innovation Fund United Global Healthcare Fund -> Base currency is SGD Yes, only rebranding. StanChart sells the new hot cake 5G that is nothing else than a Affin fund that is nothing else than a Blackrock or whatever fund. Fees, fees, fees, that is what is all about, pointless and boring. |
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David_Yang
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Jan 19 2021, 08:01 PM
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QUOTE(MUM @ Jan 19 2021, 03:27 PM) malaysia financial sector head wind....impending OPR cut again in Jan.... so if you just switched in at end of Dec...  Low interest rates are pure poison for banks, in times like this better to avoid them all. |
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David_Yang
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Jan 24 2021, 03:26 PM
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QUOTE(1234_4321 @ Jan 24 2021, 12:13 PM) 1. When the fund house publish the return rate, does it taken the maintenance fee into the consideration? Let's say 10% YTD return, does this YTD included managemet fee deducted? The management fee is taken out by the funds company on a monthly or quarterly basis. So it is included in the performance data. About the sales charge do take note that Malaysias mantra "All rates are negotiable" certainly is valid here also. |
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David_Yang
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Jan 25 2021, 01:02 AM
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QUOTE(1234_4321 @ Jan 24 2021, 11:34 PM) Thanks, so all kind of maintenance fee, trustee fee etc are included in the performance data, except sales charge which is charged by the sales agent/platform, and excluded from the performance data right? Basically yes. Not important for you, but not all of the sales charge is collected by the seller and not all of the management fee by the funds company. They need to share  That is why sales agents / platforms / banks can sometimes sell with zero sales charge and still have imcome. |
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