Ya, hence I invest in OSK-UOB Emerging Markets Bond with growth in mind, not as portfolio "balancer".

I take this as a compliment

This post has been edited by Pink Spider: Mar 26 2013, 02:47 PM

If you invested heavily, locking the gain can easily offset switching fees. I'm not sure if the switching fee is a percentage of amount switched or a fix cost, I believe it is the later. You can do this when you're retired and not topping up anymore and want to lock the gain instead of letting the value to fluctuate. Switching between equity and fixed income is the right thing to do in such situation. For those still working, practicing both method is good to take advantage of capital gain while at the same time cost/value averaging.

Agree partially with your idea.

Total switching is not recommended IMHO, unless u are a master market timer.

Switching to maintain portfolio asset allocation is another matter, e.g. 80/20 portfolio, if equities have rallied that it becomes 75/25, u switch out some from equity funds into bond funds to make it 80/20 again.

Switching fee should be RM 25 each transaction.

That's for OSK-UOB funds right? Eastspring Investments, HwangIM, AmInvestment and many others free switching from equity to bond. From bond to equity, bear the Sales Charge differential.

This post has been edited by Pink Spider: Mar 26 2013, 04:22 PM

I'm only generally referring to switching fee.

Others extra charge is not in the discussion.

Switching is not as simple as that as you pointed out.

Good to have FAQs in post #1.
Useful information and education for everyone.
I just read all your updated posts. Didn't realise they were just updated yesterday.

This post has been edited by wwl86: Mar 26 2013, 07:20 PM

Taiwan and China market getting more attractive?

Idea Of The Week: Do Not Underestimate The Taiwanese Market [22 Mar 2013]
LINK


Consider These Greater China Funds While Waiting For The Turnaround
LINK

This post has been edited by wwl86: Mar 27 2013, 09:34 PM

Hello, that article was dated September 18, 2012

Yes. The 2nd link is but 1st link was last weekend IIRC.

Since FSM is relating it to the current Taiwan article, I believe that they're still up for their claim on Greater China region.

This post has been edited by David83: Mar 26 2013, 08:26 PM

Just received my EPF A/C 1 investment forms from FSM, they even sent me an envelope addressed back to them affixed with stamps for me to mail back to them.

Prudential Insurance Advisor
Masters in Business Admin. (Finance)
Affiliate Registered Financial Planner



Tunjuk ajar ku, sifu

dear kimyee
appreciate your input
thanks again.

So, he's the silent tiger/dragon.

what is advantage invest through FSM compare to banks? lower sale charge?

That's for sure. 2% top vs 5.5-6.5%

Lower Sales Charges definitely as what David83 said.

At first it might seems to be a challenge due to not having an agent/customer service officer hard selling guiding you thru the process; with FSM, you yourself have to pick the fund(s), decide on how much to invest, when to invest etc.

But FSM has 2 very helpful services that I can confidently vouch for, their service quality and knowledge are miles better than what I used to get from bank-based people, whom I feel is more sales-focused than service-focused:
(1) Live Help - you can chat with a FSM officer online during office hours to ask for help on practically anything other than investment ideas.
(2) Client Investment Specialists - if you need investing ideas, they are the ones you can talk to. The usual means of communication with them is thru e-mail. Or you can leave your number with them, they will call you at a time convenient to you.

After some time, you will learn more, and become a more independent and knowledgeable investor. And its not really that hard.

This post has been edited by Pink Spider: Mar 26 2013, 09:26 PM

no sifu here. don't brought away by the title, little potato here with bunch of theories. minimal on practical

practical action always speak louder than words. many other sifus in the forum can give better guides..

This post has been edited by wwl86: Mar 27 2013, 09:49 PM

never tried the chat and specialist
the bank ppl told their advantage is they are secure. fsm not secure/guarantee

but since fsm sales charges lower, use fsm for osk funds, while clicks for cimb

why no publicmutual fund in fsm?

er... sorry to butt in.
U may want to note down the particulars of the bank's employees that stated "the bank ppl told their advantage is they are secure. fsm not secure/guarantee" and ask to see their supervisor for misselling or at the very least, misinformation.

IF FSM sells their bank's products,
FSM just acts like a "Unit Trust Consultant", albeit a corporate version (pls Google CUTA for more details) rather than an individual/person,
it is the bank / fund house that one buys from & holds unit trusts in.

Is it safer to buy from an individual/person UTC or corporate UTC?
Is there any difference in holding unit trusts sold by a bank via an individual/person UTC VS. via a corporate UTC?

Bottom line:
FSM is NOT the fund house that one buys unit trusts from.
FSM represents several fund houses and sells for them, akin to individual/person UTC (unit trust cconsultant).

Thus, how does "the bank ppl told their advantage is they are secure. fsm not secure/guarantee" come into play?
Payment processing ar?

This post has been edited by wongmunkeong: Mar 28 2013, 07:01 AM