I have caligynephobia - fear of beautiful women.?

Yes, I know.

But it hasn't stopped me buying Hwang funds just because of fees or discounts. I look for nett returns after fees. Looking at fees alone is missing the big picture. Don't mean to give anyone that impression at all, in case that was the case.

However, there were occasions where discounts do apply across the board - the last one I think was HAQ at 1%. In addition, there is the minor point of no switching fees for Hwang funds.

Yes, we all love Ponzi Quantum, don't we?

If you go into FUNDS INFO, Fund Sales Charge, Buy/Sell, Hwang..., it says 1.5%. So, technically, that's mis-leading.

Sorry, but whattttt? Lol.

Pinky,

Why you keep calling HAQF Ponzi? Something I miss out?

Also: Thinking out loud.... if you want to escape Hwang's sales charge, how about going via Hwang-PRS Growth. You are basically buying into fund of fund (HSOF, HSAOF and HSBF) at zero sales charge.

Similarly, if you go through Hwang-PRS Syariah Growth, you are basically buying a feeder fund of HAGF but without the sales charge.

Xuzen

This post has been edited by xuzen: Sep 25 2013, 11:52 PM

yarlor... conjob. They should be like those Investment Linked Fund... never declare distribution, never do unit split one. Some of their NAV = RM 3.XX/unit.

Xuzen

bcos its performance has been like a Ponzi but it has busted in the recent weeks when ASEAN markets tumbled

I know that, but I prefer to keep my investments liquid with zero exit charge should the unthinkable happens that even my emergency funds cannot cover

US market closed red. Lelong session

I won't call it lelong until Dow revisit 15,000

Btw just updated my portfolio with August 2013 factsheet data, suddenly % in China/HK jumped up, my US+Europe+Japan % dropped to 23% already from 25%+

Mainly due to OSK-UOB selling positions in US and increasing Japan exposure, HwangIM meanwhile increasing exposure in China/HK.

This post has been edited by Pink Spider: Sep 26 2013, 07:32 AM

Hand itchy to top up. But debt ceiling discussion will be on 15th Oct. Wait and see

I'd think that the market would have priced in all the negativity...if buy, buy before that.

Chatting Live Help with Jennifer now

Confirmed, Hwang Select Income and Hwang Select Bond no longer can be bought thru FSM.

This post has been edited by Pink Spider: Sep 26 2013, 09:34 AM

You sure?

Next Monday buy in. Foresee it drop another day

Just my bet, I'd top up OSK-UOB GEY and Pacific GSF again next week

This post has been edited by Pink Spider: Sep 26 2013, 09:40 AM

For reference (Sept) :
Dow Jones

19-20 : - ~200 pts.
20-23 : - ~50 pts
23-24 : - ~50 pts
24-25 : - ~61 pts

What is the reason cannot buy those funds?

HwangIM min. Sales Charge for equity/balanced funds is 2%, HwangIM won't allow ANYONE to sell lower than that.
1.5% for bond funds.

Under platform fee restructuring, ALL bond funds have to be sold at 0%. HwangIM won't allow that. Hence FSM removed those funds.

Though I think Select Income should not be affected, it's a balanced/mixed assets fund technically, sold at 2% SC. U see, SGD Income Fund is still there in FSM...
U got Hwang SIF right? Better raise this point to FSM...

This post has been edited by Pink Spider: Sep 26 2013, 10:37 AM

I dont have HSIF, but it is in my plan if doing re-balancing in future to park the profits in HSIF.

hwang select bond cannot buy liao so if wanna rebalance next time can buy which 1 wo