Hang Seng and Shanghai in deep red today, but hold your ammo, cos the fall is mainly in property-related stocks, which I believe Hwang AQ has limited exposure in.

Kaka, when u sell your AmDynamic Bond, how they calculate the 1% redemption fee?

E.g. u sell 1,000 units, current NAV = RM1.00, gross proceed = RM1.00 x 1,000 units = RM1,000

Then u get RM1,000 / 1.01 = RM990.10

Correct?

Just redeemed some units to pay my dad's car overhaul bill
Chose to redeem AmDynamic Bond rather than AmIncome Plus or even CMF, keeping those as my ammo for dividend stocks, also because my portfolio is too AmDynamic-heavy at 39% of overall.

This post has been edited by Pink Spider: Mar 4 2013, 02:55 PM

1993 Honda Civic

Sino bocor sana bocor

This post has been edited by Pink Spider: Mar 4 2013, 03:07 PM

Overhaul bill RM4K++. Ask him to sell it off when I heard it, then he replied me,

"if sell it off and change a new car YOU had to pay car loan instalment every month..."

Overhaul lo, apa boleh buat

Kaka, that day u were sitting with the HwangIM representative, u got his contact?

HwangIM website since the makeover is displaying prior day NAV...i.e. when I click to view fund prices, the date displayed is 01-Mar-2013 but those NAV prices shown are actually 28-Feb-2013 prices (I confirmed against Bloomberg and FSM data)

This post has been edited by Pink Spider: Mar 4 2013, 09:16 PM

u PM me for what...u contact him let him know la

This post has been edited by Pink Spider: Mar 5 2013, 12:06 AM

Too new to comment, the funds just started in February.

To get a rough picture of how they gonna fare, see the performance of Aberdeen funds in FSM Singapore.

This post has been edited by Pink Spider: Mar 5 2013, 01:05 AM

Anyone with experience investing EPF a/c 1 money with FSM? Can share how's the process like? I'm thinking to buy Hwang Select Opportunity with EPF money

Yeah, 3-year, 5-year and 10-year historical data proved it. And I've got the time to let it catch up should equities underperform for 1 or 2 years.

Don't wanna lend too much money to our rotten government

On a serious note, doubt I will need to purchase a house of my own since I'm the only child, marry also will live with my dad. Might as well take on a little more risk in search of more returns.

Yea, up to 20% of your A/C 1 excess can be used to invest/buy house

U mean

EPF > UT > EPF > house purchase

Right?

And your initial purchase of UT by EPF funds, u maxxed out your quota (20% in excess of basic savings) at 1 shot, or u divide into several purchases e.g. RM10,000 withdrawable, u divide into RM2,500 per quarter.

This post has been edited by Pink Spider: Mar 5 2013, 02:06 PM

Y U dun wan use EPF a/c 1 money to pay for downpayment? UT keep for long-term, should yield better than EPF

HSO only if u are adventurous, OSK-UOB KidSave Trust highly recommended, its a very solid balanced fund.

I already said, yesterday's crash was driven by property stocks which are mostly large cap stocks, Hwang AQ invests in smaller caps. Read the news la bro...

I prefer Hwang AQF to OUEOUT as OUEOUT is restricted to max of 30% in foreign investments, cos it's EPF-approved. U looking for EPF-approved fund?

Currently FSM got Hwang PRS funds and RHB PRS funds.

Yeah my Hwang Global Financial Institutions down 0.33% yesterday, as I said yesterday drop driven by property stocks in HK/China, and usually when property stocks selldown, banking stocks also kena cos the 2 sectors are closely related.

IMHO, factors to consider:
- past performance vs benchmark
- other funds from the Fund House (to facilitate switching)

+100

That's why I only buy OSK-UOB funds that I believe can hold for long-term.

With OSK-UOB I have Income Fund, Global Equity Yield and Emerging Markets Bond.

And of course, Cash Management Fund