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.