The ave nav is calculated after factoring sales charge..

(1) Switch Buy if between different fund houses (e.g. sell RHB-OSK, buy Kenanga) is treated as 2 separate transactions, i.e. one Sell and one Buy. It will depend on the transaction processing time for the fund that u sell. E.g. T+4 for RHB-OSK, your Buy transaction will only processed on T+4. However, if it's Intra Switch (e.g. from RHB-OSK Global Equity Yield to RHB-OSK Equity Trust), usually processed on the same business day.

(2) I never bothered with the WAC. I only keep track/check the total number of units that I hold.

The WAC is higher after taken into consideration of sales charge.

Let say total cost of investment is RM1,000 and COI after sales charge is RM980.

No. of units will get if purchase price is RM1.00 = RM980/RM1.00 = 980 units.

The WAC = total COI RM1,000 / 980 units = RM1.0204

The NAV must reach RM1.0204 instead of RM1.00 itself in order to break-even.

It is a fair reflection of your investment cost and underlying value.

No. Same.

Don't bother with the processing lag, what matters is the TRANSACTION DATE.

U CMF or FPX ANYTIME before 3PM on a business day, your transaction date would be THAT DAY.

After 3pm, will be considered the following day.

3pm is the cut-off time. Money must reach by 3pm.

Yes. higher NAV to recover the sales charge.

does anyone set a TP for their funds? like sell off when hit certain return %? im in a dilemma whether to go for profit taking.. lol

got 4 funds which gave more than 12% return, should i leave it and do year end funds relocation or do it now?

im trading in KLSE already, UT is an alternative to diversify into other markets, as i do not have time to trade in all ASIAPAC countries.. 

Agreed on UT = long term, but whats your target return after this 'term'? lets say 5 years, you expect a 50% return (10% PA), if you achieve 50% at 2nd year, do you sell? or stick to 5 years? dilemma

Eastspring:
GEM + Equity Income + Small Cap + Global Leaders

Hwang:
No good GEM and global fund on FSM platform

Kenanga:
Only got Asia ex Japan + Kenanga Growth Sook Yee Fund

RHB-OSK:
Got switching fee, so not attractive

So, only Eastspring has this good

just remembered...few weeks ago, i managed to talk to a FM during a seminar.
she hinted this strategy...might worth think it out.

if the fund had made 10% (value is just an example, could be of any value you want)
...cash / transfer out the 10% (keep this 10% at a safer asset)
rational....if you did not take it out.... if the fund made another 10% this 10% of earlier gains will just made another 1% of the amount.
ex....1000 + 10% = 1000 + 100

another 10% = 1100 + 100 + 10

if you take out that 10% gained earlier.....
and if the fund grow another 10%, you will just lose out the 1%

BUT,...you will have 10% of the BULLETS to shoot turkey in a corrections.....else all you invested amount + the 10% gained MAY be in "RED" during the correction.

what you think? i am still thinking about that too....

ah yes~ worth to consider. in some way this will become like profit taking in stocks trading. 

It works either way in portfolio re-balancing but taking profit or switching out will be the lowest cost.

If topping up and injecting fund, you have to SC.

a positive enhancer for those who liked Asia X Jpn and EM region UTs....

The Start of an Asian Bull Run

Asia ex Japan equities and emerging market equities continue to rise steadily even as Europe and US markets erased a little of their shine. Year-to-date, if we compare Asia ex Japan, Europe, US and emerging markets, it is Asia ex Japan which are now the best performing market within this group.

https://secure.fundsupermart.com/main/resea...SJBlog_20140804

Posted today:

WONG SUI JAU | 04 AUGUST 2014, 1700HRS (+800 GMT)

Please, I'm not even reach Silver status.

Frankly speaking, a lot of local fund house running on global/regional funds are not performing that good.

There's no Bronze status.

Close ended fund a bit boring for me.. 

High net worth investor spotted