The main reason of RSP is to achieve DCA - regular top up regardless the timing of the market.

As I said earlier, RSP in FSM can be executed in 2 manners:

1. CMF (earn interest via the yield difference) like normal FD
2. Nominated saving account from participating banks

Please read through the details in the link I provided earlier.

RSP is a disciplinary approach to achieve DCA and as human being, we tend to forget under manual mode.

This post has been edited by David83: Aug 26 2014, 06:38 PM

LOL at the extra 0.07%

This post has been edited by David83: Aug 27 2014, 06:05 PM

I don't think so.

It could be a coincident theme to use 57th anniversary together with the year we obtained our independence in 1957.

More details please?

Fund name? Portfolio?

By the way, CMF has no SC.

I have no idea.

May be just for top up.

There's no gain at all. You are just saving 0.43% SC (1% for new member benefit) from the promo.

You still have to pay for the 0.57% SC if you decided to purchase any fund.

This post has been edited by David83: Aug 27 2014, 09:33 PM

Muted performance in US market with S&P 500 is around its record high above 2000.

No direction for today's market movement in Asia as Asian market futures open mixed.

Decided to top up CIMB Global Titans Fund.

Minimum Initial Investment RM 500
Minimum Subsequent Investment RM 200
Minimum RSP Investment RM 200
Minimum Redemption Amount RM 200
Minimum Holding 500 Units

URL: http://www.fundsupermart.com.my/main/fundi...umber=MYCIMB010

Seems like none of the CIMB Principal funds are in the list.

Yen gained, USD weakened, Russia said it was watching a build up of NATO troops near its border while the U.S. said Moscow may be directing separatist rebels in Ukraine. Chinese industrial-profit growth slowed to 13.5 percent in July, data today showed.

URL: http://www.bloomberg.com/news/2014-08-27/a...bond-surge.html

Ponzi has been dropped since August 21st, 2014.

Topped up ESI Equity Income fund today.

With yesterday topped up, able to bring down my average unit cost price for CIMB Global Titans by 0.01X

Ponzi dropped again. Guess that small caps is being hit!

It could be a cyclic and it always will be.

No worries, Ponzi fund has greater mandate into Asia ex Japan region. Malaysian exposure is around 30%.

This post has been edited by David83: Aug 29 2014, 07:06 PM

KGF dropped today since August 25th, 2014.

I have a decent return on that.

I'm concentrating on ESI Equity Income