Whats the name of the fund bro,thinking of buying it also

RHB Islamic Bond Fund and RHB Bond fund any good? Both 0% sales charge.

The thing is they have this profit sharing scheme. If not mistaken is 15% of the profit that u earn goes into them.

15%? That's alot. I only see that for the Islamic fund though. How about RHB Bond Fund?

With profit sharing, there will be no management fee. Means tha if the fund losing money, they get zero.

Let's say a typical bond fund return, 1 year 5%. 15% is only 0.75%/ I'd say better than u paying 1% annual management fee whether profit or loss...

This post has been edited by Pink Spider: May 23 2013, 06:28 PM

So it's 15% on the profit charged. Seems decent for RHB Islamic Bond Fund if they achieved 9-10% for the past 5 years? That's FSM Bid to Bid calculations though. Not sure if they took out that 15% fee already or not.

All fees are already deducted in arriving at the NAV price.

That's some pretty good returns then for a Bond fund!

same case as me...i dumped 20% of my portfolio into RHB bond having the same thinking...
note: 0% Sc but got 1% exit fees if hold less than 12 mths
then wondered why such a good track records fund was NOT recommended by FSM CIS...
upon further readings....found that they have a large portion of bonds abt 15%....are still classified as "receive-able"
go read their annual reports/fund fact sheet. or here
http://www.fundsupermart.com.my/main/resea...?articleNo=1767

i just bought it on 10 May...and intent to shift to HSBal next week to take advantage of the FSM 1% pro

RHB Bond is even more adventurous@risk-happy than AmDynamic Bond

So bottom line, they both no good?

High risk, not mean no good. It's up to u

Hrm high risk bonds. Usually bonds for low risk.

yes, usually bond is for low risk....but this RHB bond is high risk because in another year or so....the problem loan MAY default,..this it may affect the 15% portfolio.
the current NAV is without considering this.
Bond fund has a few grades...higher the rating (AAA) has less chances of defaulting but will give the buyer less interest....
Lower rating bond (ex,..C or D) has higher chances of defaulting but gives the buyer higher interest.
go read the RHB bond annual reports you will notice that they are shifting to higher grade loan.....

Good morning, happy Wesak Day!

Lets see how the Asian market fair today?

HI kaka
you got play asian stock ? so early morning wake up see market

haha... no la, still learning on stocks investment while gathering bullets for it. More to UT now as beginners.

Now change preference from UT to Stock ?

haha.. eventually will invest in some stocks. Just that now KLCI is too high, so just take this period to learn on stocks and keep some $$ to invest when opportunities come.

then KLCI will continue sky rocket , with Uncle Ben QE3 fuel......all around investor caution will react temporary when the Qe3 fuel run out. Someting like japan nikkei...