ya.. just maintain and service regularly la. If using in town is good enough...

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

yalo.. hwangim change new website the price become slower than FSM liao lolz..

Ya, i got his card somewhere in my car. Let me go search for it and pm u

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

Aiyo.. I track via bloomberg ma, only go to hwang website to read their view ir updates on market. Hehee..

Any opinions on Aberdeen Islamic funds? Are they any good?

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

How did you know?

What u bought using the 0.88%?

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

u confident HSO can perform better than EPF 6% ? haha..

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.

What makes u chg your mind into investing UT via epf? thought u do not want to touch your epf money last time u mentioned before..

haha if it follows the trend then shouldnt be a prob lol.

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.

oh.. why is it related to buy house? can u use epf to buy house?

Can use one of the account in EPF ma..

Hi ben3003,

I do simple model calc buying rm 400k, require 10% pay from EPF account 2.
The person work for 5 year equivalent salary permonth to save rm40k

Assumtion house above rm400k, then account 2 also atleast minimum rm40k


10% house down payment = rm40,000
5year EPF contribution with montly to Acc2 =rm 666.6666667
Acc 1 70% montly = rm1555.555556
Acc 2 30%monthly =rm 666.6666667
Montly Contribution to EPF=rm 2222.222222
Employee Salary using revese EPF contribute 11% + 12% = rm7911.111111


the person need to earn rm 8k per month for 5 year only can save rm40k to pay 10% down payment.
I remove the yearly EPF dividend, to made it simple clear cut for 5year flat saving.

Forgive me i do any wrong calc let me know, juz to share my view and my maths.

This post has been edited by felixmask: Mar 5 2013, 12:01 PM

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