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 Fund Investment Corner v3, Funds101

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franklooi96
post Aug 23 2018, 04:14 PM

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Hey guys, starting my venture into unit trust and want to ask what fund provider is best?

Best in terms of returns (fund manager performance on similar portfolios), fees (service charge, management fee), perks (e.g. privilege membership benefits), available funds, etc?

Planning to stick with one or two fund providers for next 40 years at least. Goal with unit trust is to generate medium and long-term wealth and passive income for house, marriage, retirement, etc. Will appreciate if the fund providers have account managers who will ring me to inform me of opportunities - essentially something I can let someone else do while I focus on my day job and family.

This post has been edited by franklooi96: Aug 23 2018, 04:15 PM
franklooi96
post Aug 24 2018, 01:03 PM

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Senior Member
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Joined: Mar 2009
QUOTE(Ramjade @ Aug 23 2018, 09:37 PM)
Never pick fund based on fund house brand. Very bad choice.

Fund manager change every now and then. Don't give your loyalty to the fund house.

No one is going to ring you if there's opportunities if you go the FSM way That's what agents suppose to do but of course we know majority of the agents only look after their own pockets...
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QUOTE(MNet @ Aug 23 2018, 10:51 PM)
u better buy fsm managed portfolio aggressive type
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Spent the better part of last night and this morning looking at FSM and the good content on that website - realised it's not as time-demanding as I initially thought!

Also bonus with the 1% service charge for new members - would have started at -5% if I started with other banks. Really appreciate the DIY style here as well.

Thanks for the rec!

 

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