Expect tomorrow all open green green

Pink, remember we discussed previously on the correlation between regional index and fund NAV? Hopefully it will be better with Global Titans compared with GEYF. Since Global Titans only provide simple regional exposure % in their fact sheet.

Titans track MSCI World index quite closely.

Hi all,



How do you make the payment RM10?
Possible to do Bill Payment via CIMBClicks?

E.g. if u invest RM1,000, u issue cheque for RM1,010

This post has been edited by Pink Spider: Aug 19 2014, 10:59 AM

Woh US sea of green today...up by so much...

Any Equity fund work against Malaysia KLSE?

Eg. KLSE market drop, the Equity FUND UP ?

Er i dont think any expert can answer you.

Its all based on US market... But some breaking local news can break the trend.

GENERALLY, KLSE is negatively correlated to US/EU/JPY markets. But, some MAJOR news can cause kaboom across the board.

Equities Weekly: Equity Markets In The Black [18 Aug 14]

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=4901

Nope

Hi guys/sifus/pros,
I know no spoon feed and etc.
But just a favor can someone please enlighten me about "Unit Trust"?

i) Based on my understanding it is about we the traders invest under a "fund manager"(eg. Maybank, RHB & etc) under their provided skim. (Use investor fund to trade)

ii) There is 3 types of fund? Fixed Income Funds, Balanced Funds & Equity Funds. Other than risk difference, "Fixed Income Funds" give a low fixed return every month compare to Equity Funds might give a bigger return in a longer run?

iii) As I'm still a student with not much savings in hand, I found out there is a "Regular Savings Plan", do you guys recommend this?

Thank you if you willing to answer my question.
Sorry for my noob-ness.

Regards,
Adrian.

i don't recommend, i am a student too..
Just because PRS scheme charges 8% tax if you withdrawn before retirement.
Unless you doesn't save much, you can use it. It will deter you from withdrawing before retirement.

sorry!!! erm yes.. it's okay if you wanna cost average or have small capital!

This post has been edited by woonsc: Aug 19 2014, 07:45 PM

Dia cakap Regular Savings Plan...

As in, every month contribute to the unit trust... NOT that Private Retirement Scheme

sorry haha thanks for pointing out my mistakes.. I ternampak salah!

Thanks for the clarification.

No problem. Just a small case.

Adrian.

if u got extra Rm100 every month for the RSP then of coz, why not

Is it Kenanga growth fund ?

David83 and Pink Spider,

Thanks for pointing it out. I personally don't have EPF so I don't know about this "trick"

cutepet,

Why would you want a fund that moves opposite of KLSE? You feel KLSE is the only market that is going to crash anytime soon? Seems like a silly question doesn't it?

i) scheme not skim. i guess in a simplified way, what you describe there ain't wrong.

ii) i think the fund managers call it fund category (type, category means slightly different apparently). Fixed Income Funds does not give fixed return every month. Returns are supposedly less volatile. Investors expect more return from equity funds than bond funds.

iii) some fund house (i know one of them is CIMB, not sure if CIMB is the only one) allows initial investment as low as RM500. so you can do initial lump sum but of course doing it the RSP way will bring you down the 'dollar-cost averaging' route. just pointing out your options.