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 Fundsupermart.com v3, Manage your own unit trust portfolio

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foxxy
post Jun 11 2013, 03:54 PM

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QUOTE(Pink Spider @ Jun 11 2013, 08:23 AM)
1. Contact Client Investment Specialist like Eugene
2. They will figure out a way for u...trust me, cos I did a FREE transfer before icon_rolleyes.gif
*
I've contacted with Andy before. Now the problem lies with Maybank, which Maybank doesn't allow to do transfer. The only way is to dispose units at maybank and rebuy again at FSM, and nanti all those management fees mahu dibayar semula rclxub.gif
SUSyklooi
post Jun 11 2013, 04:03 PM

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QUOTE(foxxy @ Jun 11 2013, 03:54 PM)
I've contacted with Andy before. Now the problem lies with Maybank, which Maybank doesn't allow to do transfer. The only way is to dispose units at maybank and rebuy again at FSM, and nanti all those management fees mahu dibayar semula  rclxub.gif
*
hmm.gif i think Sifu gark did quoted you: Yesterday, 07:43 PM
"Then just leave it there lah... you already paid the sales fees wat. For new purchase buy from FSM only...If you need to reduce exposure, then priority sell those units at Maybank. Slowly finish sell lor."

jutamind
post Jun 11 2013, 04:06 PM

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just bought some more of AmGlobal Emerging Opportunities fund today....the only fund in the red in my portfolio
SUSyklooi
post Jun 11 2013, 04:08 PM

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QUOTE(jutamind @ Jun 11 2013, 04:06 PM)
just bought some more of AmGlobal Emerging Opportunities fund today....the only fund in the red in my portfolio
*
rclxms.gif great choice of portfolio or must hv invested a long time.

This post has been edited by yklooi: Jun 11 2013, 04:10 PM
SUSPink Spider
post Jun 11 2013, 04:15 PM

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QUOTE(foxxy @ Jun 11 2013, 03:54 PM)
I've contacted with Andy before. Now the problem lies with Maybank, which Maybank doesn't allow to do transfer. The only way is to dispose units at maybank and rebuy again at FSM, and nanti all those management fees mahu dibayar semula  rclxub.gif
*
Talk to Eugene. I assure u that there is another way to do this.
jutamind
post Jun 11 2013, 04:19 PM

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invested since mid 2007...mine is bond/MY equities heavy....so the volatility is lower in a way...

would like to invest more on regional equities but waiting for more downtrend...

QUOTE(yklooi @ Jun 11 2013, 04:08 PM)
rclxms.gif great choice of portfolio or must hv invested a long time.
*
foxxy
post Jun 11 2013, 04:38 PM

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QUOTE(Pink Spider @ Jun 11 2013, 05:15 PM)
Talk to Eugene. I assure u that there is another way to do this.
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I just phoned Eugene, CIMB and Maybank is a no no. Guess I'd have to sell and diversify the fund later on sweat.gif
wongmunkeong
post Jun 11 2013, 04:53 PM

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QUOTE(foxxy @ Jun 11 2013, 04:38 PM)
I just phoned Eugene, CIMB and Maybank is a no no. Guess I'd have to sell and diversify the fund later on  sweat.gif
*
bro - sell the donkey funds AND buy others from FSM at 0% NAV lar
"Transfer in" program
I did it with Public Mutual equity & bon funds (non existent in FSM)
+ will be doing the damned problematic EastSpring Investments' coz bleeding agent REFUSES to sign-off to allow the transfer

ie. i redeem from Pub Mut / EastSpring,
show proof to FSM,
FSM allows me to buy into equity/bond at same amount i redeemed at 0% NAV

Speak to your favorite investment advisor in FSM (Eugene, Andy, er.. no hot kuci mama though tongue.gif)
and cut a deal / get the process right.

(or did i miss something? it's "just a fund transfer" from a fund that doesn't exist in FSM right?)

Just a thought on possibilities notworthy.gif

This post has been edited by wongmunkeong: Jun 11 2013, 04:55 PM
ZH888
post Jun 11 2013, 05:01 PM

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QUOTE(foxxy @ Jun 11 2013, 04:54 PM)
I've contacted with Andy before. Now the problem lies with Maybank, which Maybank doesn't allow to do transfer. The only way is to dispose units at maybank and rebuy again at FSM, and nanti all those management fees mahu dibayar semula  rclxub.gif
*
why all those management fees mahu dibayar semula[SIZE=7]??

what management fee u refer to?
SUSPink Spider
post Jun 11 2013, 05:05 PM

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QUOTE(wongmunkeong @ Jun 11 2013, 04:53 PM)
bro - sell the donkey funds AND buy others from FSM at 0% NAV lar
"Transfer in" program
I did it with Public Mutual equity & bon funds (non existent in FSM)
+ will be doing the damned problematic EastSpring Investments' coz bleeding agent REFUSES to sign-off to allow the transfer

ie. i redeem from Pub Mut / EastSpring,
show proof to FSM,
FSM allows me to buy into equity/bond at same amount i redeemed at 0% NAV

Speak to your favorite investment advisor in FSM (Eugene, Andy, er.. no hot kuci mama though tongue.gif)
and cut a deal / get the process right.

(or did i miss something? it's "just a fund transfer" from a fund that doesn't exist in FSM right?)

Just a thought on possibilities notworthy.gif
*
^ This
foxxy
post Jun 11 2013, 05:07 PM

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QUOTE(ZH888 @ Jun 11 2013, 06:01 PM)
why all those management fees mahu dibayar semula[SIZE=7]??

what management fee u refer to?
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Just had a clarification from the client investment agent just now, the management fees from the fund is accrued daily, so not a problem over here.
By the way, enough of this transfer transfer thingy liao, back to topic.
GottliebDaimler
post Jun 11 2013, 05:14 PM

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Is it ever too late to join the bandwagon on Kenanga Growth Fund? Why is this fund rock solid going up?
kimyee73
post Jun 11 2013, 05:19 PM

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QUOTE(foxxy @ Jun 11 2013, 03:54 PM)
I've contacted with Andy before. Now the problem lies with Maybank, which Maybank doesn't allow to do transfer. The only way is to dispose units at maybank and rebuy again at FSM, and nanti all those management fees mahu dibayar semula  rclxub.gif
*
What is the problem? (Need to be sure as I understand this time after the RM50 fiasco blush.gif )
FSM will allow transfer-in with 0% SC if you redeem all units at Maybank and then purchase exactly the same amount in FSM. All you need to do is scan and email the redemption statement to FSM and then purchase fund(s) in FSM within 1 month of your redemption. Need to make sure when you purchase your fund (do it after 3pm is better or early morning) and email FSM so that they can zap the SC. This is the reply from FSM when I submitted the redemption statement when I did mine.

QUOTE
Thank you for your email.
We reply this email as Sean is on leave today.

Please be informed that we have keep your redemption form as record in order to offer you the transfer-in arrangement.

Kindly notify us to adjust the sales charge when you placed order online before the 2:30pm as we need to adjust it manually.

Sean will continue to follow up with you when he is back to office.

Please do not hesitate to contact us if you need any assistance.
Thank you and have a pleasant day.
Regards,

Eugene Lye
Client Investment Specialist

SUSPink Spider
post Jun 11 2013, 05:34 PM

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QUOTE(GottliebDaimler @ Jun 11 2013, 05:14 PM)
Is it ever too late to join the bandwagon on Kenanga Growth Fund? Why is this fund rock solid going up?
*
Don't think about the fund.

Think about Malaysian equities, do u still believe in its potential? Do u think that it's overvalued?

Always invest with this in mind - see the underlying market, NEVER the fund's NAV price or historical performance chart, they mean nothing to your investment decision-making.

This post has been edited by Pink Spider: Jun 11 2013, 05:34 PM
GottliebDaimler
post Jun 11 2013, 05:41 PM

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QUOTE(Pink Spider @ Jun 11 2013, 05:34 PM)
Don't think about the fund.

Think about Malaysian equities, do u still believe in its potential? Do u think that it's overvalued?

Always invest with this in mind - see the underlying market, NEVER the fund's NAV price or historical performance chart, they mean nothing to your investment decision-making.
*
Thanks for reminding, somehow persuaded and side-tracked from thinking of my own objective.
kimyee73
post Jun 11 2013, 07:27 PM

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For those who believes in EM potential, read this from Barrons interview with Richard Bernstein.

QUOTE
People continue to overestimate the risks in the U.S. I would argue that they grossly - and I'm not using that word lightly - underestimate the risks in the emerging markets. A lot of the problems that people think are inevitably going to crop up here, including inflation and out-of-control money growth, are actually happening in the emerging markets. We aren't seeing those risks here. But the thinking is that it is inevitable and it has to happen here. A lot of people have talked about how the great rotation will be a shift from bonds to stocks. But that's not right. The great rotation - and the biggest decision you have to make for your portfolio - is that for five to seven years, it is not going to be bonds to stocks, but rather non-U.S. assets to U.S assets. We are maybe in the fourth inning of a secular period of outperformance for U.S. assets. Think about this: The Standard & Poor's 500 has outperformed emerging markets now for five years. Nobody cares, and it pains people to admit that the U.S. market has been outperforming.

From Barrons quoted in Seeking Alpha since you need subscription to read Barrons.
SUSPink Spider
post Jun 11 2013, 09:54 PM

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It baffles me that FSM STILL recommends Eastspring Investments Asia Pacific Equity MY, that fund has been an underperformer in its class both short and longer term doh.gif
aoisky
post Jun 11 2013, 10:35 PM

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QUOTE(Pink Spider @ Jun 11 2013, 09:54 PM)
It baffles me that FSM STILL recommends Eastspring Investments Asia Pacific Equity MY, that fund has been an underperformer in its class both short and longer term doh.gif
*
Me doubt as well why would FSM still put it as recommended fund even it is underperform
s_kates81
post Jun 12 2013, 01:47 AM

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And I m the biggest critic of it. Holding it close to 6 months and never came out of being negative. At The moment -4%
aoisky
post Jun 12 2013, 06:54 AM

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QUOTE(s_kates81 @ Jun 12 2013, 01:47 AM)
And I m the biggest critic of it. Holding it close to 6 months and never came out of being negative. At The moment -4%
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Six months only nia, top up some average down. You can get + just that it take you longer period.

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