This morning Asia Pac bourses was green, now ALL "RED".

Read Post #1 thoroughly to understand how charges (annual management fee, trustee fee) works.

Sales Charge works like this:
U pay RM100
2% SC
U will get RM100 / 1.02 = RM98.04, the difference is "commission" to the distributor i.e. FSM

Don't buy one fund only, build a portfolio of at least 3-4 funds at the very least.

U can start with RM1,000 on each fund, then slowly accumulate bit by bit monthly or every 3 months.

AmAsia Pac Equity Income is an Asia ex-Japan fund
Go get a global fund with exposure to US, Europe and Japan too (e.g. Aberdeen Islamic World Equity, OSK-UOB Global Equity Yield, Alliance Global Equities)
And a Malaysia-focused (majority invested in Malaysia with others to "spice" it up e.g. Hwang Select Opportunity, OSK-UOB Equity Trust)

If u are a newbie, try to talk to FSM's Client Investment Specialist, go FSM website and ask Live Help on how to get in touch with them. Share with us their suggestion to u, then we discuss further.

Dear friends,

anyone here invested in FSM Singapore?

Thanks for your response, Pinky!
Forgot that I must read the refresher first page - I haven't been reading since few months ago, sorry. I will do that for more info and if I do speak to the Live Help, I'll tell you what they tell me, hehe...

Btw, what's with the new avatar pic, lol...gum sexy?!

few of us here do invest in fsm sg including me

good. 

so to open the account need to fly all the way to SG and open it right? or just send documents over.

my confusion is how to TT there? or best way is to open a bank account there then just deposit SGD into it and buy UT. 

U already answered yourself

But overseas TT charges not cheap (compared to GIRO), better do it in large amount then park cash in the Cash Fund.

psps

btw, ur meaning of large amount? thought they charge by %?

I think banks charge by % but there's also a min...I think, not too sure bout it.

See AmBank
http://www.ambankgroup.com/en/RatesFeesCha...nstruments.aspx

good. 

so to open the account need to fly all the way to SG and open it right? or just send documents over.

my confusion is how to TT there? or best way is to open a bank account there then just deposit SGD into it and buy UT. 

good. 

so to open the account need to fly all the way to SG and open it right? or just send documents over.

my confusion is how to TT there? or best way is to open a bank account there then just deposit SGD into it and buy UT. 

U already answered yourself

But overseas TT charges not cheap (compared to GIRO), better do it in large amount then park cash in the Cash Fund.

no need to go to their office but certain hard copy documents need to post to their office. been there done that

@pink, their cash fund interest rate is very low, not 2.948. hahahaha

Tailou,

Sinkapo interest rate is only 1%+ mar

U will gain forex capital appreciation

pls note:

Selling From Your Account
When you execute a 'Sell' transaction to sell your funds, we can arrange to remit the sales proceeds back to your bank account in USD or SGD. At the moment, we do not remit any other currencies internationally. Any telegraphic transfer charges incurred will be deducted from your sales proceeds.
Alternatively, you may choose to use the sales proceeds to purchase the parking funds.
https://secure.fundsupermart.com/main/home/...strictions.svdo

don't understand 

a lil confused about this TT thingy.

means "remits back to your bank account in USD or SGD only".
is this what you ask?

so the meaning (based on my understanding) is if i "sell" and get 1,000... they will debit it back into my account in USD/SGD minus the TT charges? 

so the meaning (based on my understanding) is if i "sell" and get 1,000... they will debit it back into my account in USD/SGD minus the TT charges? 

so the meaning (based on my understanding) is if i "sell" and get 1,000... they will debit it back into my account in USD/SGD minus the TT charges?