here? where?

u mean unker gark, sifu wongmunkeong

Me ikan bilis silver investor, 50K only

Gila

Cari potential partner tu lain cerita. Unker gark matchmaker/papasan?

Indonesia plantation billionaire daughter. Good investment;no need to plant & waiting the palm oil mature

capital 50k ; reward is asset worth of billion - just need to  said "Yes" & sign at Marriage Department.

What you all talking about ah? Conspiracy againt me ah?

So bad you all paint me in such bad light.

Regular savings plan encik. RSP, not PRS. lol

Guys, no spamming please.

Back to main topic. Anybody bought HAQ?

yes finally my funds +gain    small2 capital

OSK-UOB Smart Income Fund                   RM 36.39          Dividend    = 9%
OSK-UOB KidSave Trust                           RM 162.89  Dividend   =13.5%
OSK-UOB Emerging Opportunity Unit Trust   RM 85.86          Dividend   =11%
how much to you target for your funds?

bond : 7%
balance : 9%
equity : 11%

Have to see the Tax Voucher then only know whether that RM0.01 gone is due to tax or expenses. But my guess is expenses, as based on last Financial Statements, OSK-UOB Income Fund's incomes does not attract any tax charge.

Basically what they tell u in the Tax Voucher is:

Gross distribution
- Taxation
- Expenses
= Net distribution

E.g.
Fund gross income = RM10m
Total expenses = RM2m
Fund net income = RM8m

FM declares RM5m distribution i.e. 50% of gross income

Let's imagine u own 100% of the fund's units

Your Tax Voucher will look something like this:
Gross distribution: RM5m
Expenses: RM1m
Net distribution: RM4m

Any fund accountant around? I'm only a ciplak junior accountant, my understanding may be wrong
But u get the general idea?  

As long as u bought before ex-date, u are entitled to the distribution. But in case u have not read the FAQs on Post #1, distributions/dividends mean nothing to the value of your investments. Let's say u buy just 1 day before ex-date, the effect of distribution is like 10 - 1 + 1 = 10.

Tax on dividends are imputed to the unit trust fund, and when the unit trust fund makes distributions (note that I always avoid the use of the term dividend cos I also find it misleading), the tax is imputed to unitholders.

U know Section 108 tax imputation system?
Company pays tax > declares gross dividend > shareholders receive net dividend, tax imputed to shareholders

But, more and more companies are switching to the single-tier system, dividends paid are exempt from tax. Actually not really "exempt" la, tax is charged at source (company profits), and shareholders cannot claim back any tax credits anymore.

My recent UT Tax Vouchers all show zero tax already.

No. On the contrary, we (ppl with tax bracket lower than 25%) actually lose some money. See my 2nd last post.

Please quote the "false info"

U want a share of UT COMPANY PROFITS? U don't buy UTs, u should buy their shares...AmBank Group...HwangDBS...Public Bank Group...

U were saying "UT co profits"

I feel that u do not have a clear understanding of what UT stands for.

A UT pool the money of investors and invests on behalf of investors.
UT charge a fixed management fee to investors (as a % of Net Asset Value under management, usually 1-1.8% p.a.) --> UT co revenue/profits
ALL PROFITS/(LOSSES) OF THE FUND ACCRUE TO THE INVESTORS.

UT FUND (NOT company) makes 20% gain (after deducting expenses), ALL 20% belong to investors.
EPF makes 20% gain, only the declared dividend belong to you. E.g. declare 5% dividend, the balance "undeclared gains" are kept with EPF. U cannot take even 1 sen from there.

Please get the difference right.

The UT co is only a manager, NOT a partner. They won't share your losses, in the same manner they won't share your gains.

U were saying "UT co profits"

I feel that u do not have a clear understanding of what UT stands for.

A UT pool the money of investors and invests on behalf of investors.
UT charge a fixed management fee to investors (as a % of Net Asset Value under management, usually 1-1.8% p.a.) --> UT co revenue/profits
ALL PROFITS/(LOSSES) OF THE FUND ACCRUE TO THE INVESTORS.

E.g.
UT FUND (NOT company) makes 20% gain (after deducting expenses), ALL 20% belong to investors.
EPF makes 20% gain, only the declared dividend belong to you. E.g. declare 5% dividend, the balance "undeclared gains" are kept with EPF. U cannot take even 1 sen from there.

Please get the difference right.

The UT co is only a manager, NOT a partner. They won't share your losses, in the same manner they won't share your gains.

Until you get the technical and legal framework of UTs right, my replies to you stop here.

E.g. U buy AmDynamic Bond, AmInvestment Services Berhad charges u management fee of 1% p.a.

The 1% is the UT company revenue/profit.

I never said that there is a sharing of profit/(loss). I only replied to you, that IF u want a share of the Fund Manager's profit, u should buy the SHARES of their holding company, be their shareholder, not to buy their unit trust funds.

Quote the points. Prove me wrong.

Failing which, U TAK SUKA, U KELUAR

It's in the contract/prospectus. U don't like, don't invest in the fund. There is no misrepresentation anywhere, it's laid there bare for potential investors to see.

I see u have a personal problem with the UT industry.

Pakatan retorts with facts.

But u were retorting with personal opinions and out-of-context arguments. Now who's talking like BN?

UTs charge fees even when losing money...
Fees calculated as % of NAV is a lot...

U are personally unhappy with UTs. All the terms and fees are laid down in the prospectus, no hidden terms, no hidden fees. There is no misrepresentation anywhere. It's all your personal problem.