OSK-UOB Income Fund - up to 30% foreign (Asian) bond, EPF-compliant. Quite a stable fund.

You can refer to the switch sell column. When Pink put 'switch buy/sell' meaning selling Fund A and the proceed is then used to buy or top up Fund B.

If you noted a difference between switch buy and sell, it might be because he did not used the entire sales proceed to top up the other fund.

Hope this answer your question. Cheers.

"Switch Sell" is when I sell one fund and buy into another fund with the sale proceeds, e.g. sell CMF to buy into Hwang Quantum

When I sell for cash, I'll put "Sell" under the "Transaction" column. Just like "Buy" is when I buy into a fund using cash, NOT by CMF.

Wah...TakoC pannai yo

Sorry for asking but why HSBF no longer available for purchase?

The 3k relief will start in YA 2012 for the next 10 years.

This year budget will offer RM 500 incentive for those with age < 30 years but no details yet on how the incentive will be given.

To fill for tax relief, the PRS provider will issue annual statement to you like your insurance company. Since it's a self assessment, just key in the contributed amount in relief section.

But half of it comes from the employers not you.

HSAQ not laggard?
i "think" the performance of these 2 are now almost similar for the past 2 months

DJ and S&P keep closing higher day after day. Wait for it, ASIA will turn over soon.

FI and Asia x Jpn Eq Heavy in yr portfolio?

as of today,...HSAQ dividend distribution units are not yet updated in FSM
but my HSBAL units are added.

"Distribution is very relevant especially to retiree investors who want a source of income. For this type of investors, basically what they can do is to invest in a fund that has a distribution policy, and elect to receive distributions in the form of CASH. To an investor who elect to receive distributions in cash, distributions are a form of income, a cash inflow; gains in NAV price are capital growth.

E.g. upon retirement you have RM1mil which you invest in a fund. The fund that you invested in made a return of 10% and declares 8% as dividend for the financial year, that's RM80,000 of cash inflow for you! Of course, when a distribution is declared and paid, the NAV price will drop proportionately. The balance of 2% that are not declared as distribution will be reinvested for future growth."

Was reading the first page and got slightly confused. i have 2 queries:

1. Distributions are a form of income for retiree investors.. but that's only assuming if the fund made profit right?

if the fund that the retiree invested made 0% profit but declare 8% dividend for the financial year, the retiree gets RM80,000 but that's basically his own money from the RM1mil and the value of his investment becomes RM920,000.

2. I was also just wondering why you made the statement that distribution is very relevant especially to retiree investors[U] who want a source of income? as in, why only to retiree investors?

basically dividend can be relevant to anybody as long as the fund is making profit, right? take ur example that i quoted above.. what i'm saying is that the "dividend declared = source of income" in your example quoted above can be relevant to anyone and not just retiree investors.

do correct me if i understood wrongly. still trying to grasp the whole idea. thanks in advance.