FSM will do GIRO transfer (previously they bank in cheque, but recently they do GIRO transfer) into your savings/current account on T+2. If u sell on Friday, they will GIRO to u on Tuesday, most likely u will get the money on Wednesday or latest on Thursday (inter-bank GIRO usually takes 1-2 working days to clear)

http://www.fundsupermart.com.my/main/faq/faq.svdo?id=9718
Q: How long will it take for me to receive my money?

A: If you sell the Cash Management Fund (which were purchased via cash), the proceeds will be posted to you either by cheque or deposited into your designated redemption account on T+2. Please note that your designated bank might take 1 - 2 business day to clear the cheque.
As the Cash Management Fund’s net interest rate is based on historical pricing, the selling price will be based on the previous calendar day immediately before the date of the transaction.

about 5 days then,..now i am having a thought of trying out CMF....instead of parking in saving a/c & FD

Still need to have SOME in savings and FD

Imagine...

u bang ppl car need to pay cash to settle, u cannot call FSM at 2AM to ask for money
or ur puppy kena kidnap for ransom, u also cannot call FSM at 2AM to ask for money

YES? What about AmConservative?
Unfavorable due to Malaysia focused? ...it just depends on what you want?
Currently on par with against its benchmark....i think there are MANY funds out there that are "on par" and some are "better" than the benchmark.

I have switch out all my AmAP REITs and PGSF based on latest FSM portfolio recommendation but not follow them exactly lah.

My public strategic smallcap also fly. But quite regret didnt buy many. Should have sai lang then huat!

Past is past. Never regret as you now have the benefit of hindsight but not then.

If it turned the other way? You would have thought that u have god-ly foresight!

OSK Emerging Opportunity also fly but small allocation in my portfolio only..

Today bought my first REIT...IGBREIT at 1.29, expecting net yield of about 4.9%

wah.. everybody talking about small cap fly... still good time to invest ka?

er.. boss, when prices of chicken ALREADY high,
we should buy chicken
or
fish (assuming fish price fell or is stable and lower than chicken)
?
If we shopping for protein source for our grocery lar
Pls buy chicken IF U need chicken for specific dish/cooking (asset allocation) though

This post has been edited by wongmunkeong: Jul 19 2013, 04:50 PM

Eat nasi lemak biasa every day and buy protein drink

haha.. i am no boss la, just a kuli

I do not have MY small cap in FSM. Only got in PM which are PSmallcap and PFocus Select, which I didnt top up for almost 2 years already.

For long term (>5years), dont know need to have MY small/mid cap in FSM or not. FSM I only got HwangAQ for small/mid cap which is general Asia exJ (more to SEA I would say).

You also no confident in AmAPAC Reits in longer term horizon? Why you sell ALL?

My boss is moving his attention to STI stocks

who is going for the PhilipCapital Annual investment conference tomorrow?

I am going because got free entrance

Gonna do a top up on Hwang Select Asia Opportunity next week. Exact same figure as my PGSF. Was thinking to sell off PGSF before I invest the withdrawn amount in SAO. But guess I'll be doing it the other way.

STI more fun mah, malaysia stocks mostly controlled by epf, very less buying oppurtunity.

Idea Of The Week: 2 New Recommended Unit Trusts [19 July 2013]

1. EASTSPRING INVESTMENTS DINASTI EQUITY FUND
2. HWANG SELECT ASIA (EX JAPAN) QUANTUM FUND

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=3642



This post has been edited by David83: Jul 20 2013, 12:31 AM