That is.. but if you start working at 20.. and retire at 60. Wow. My father is 60+.. he has Parkinson's. Sure you will be a millionaire but wow.

I concur to your conclusion. Your interpretation is somehow make sense too!

Well I am not saying that the target for retirement should be the age of 60. It just serves as an easy visualisation for people to understand the intended message, which is to start as early as possible.

Personally, I have a shorter time frame in mind. And with a larger amount. Because that one million when you're 60 worth much less today.

share the result.
Oh man.... would be great to earn 5x TP

Will update tomorrow. Doubt it'll work but we shall see!

Yeah, earning 5 x TP would be sweet ... can just keep putting loads into CMF or so and withdraw out again

Read more at:

https://www.fundsupermart.com.my/main/buysell/transferIn.tpl?

You're transferring your existing UT holdings from another fund house into FSM platform.

Unfortunately, eunittrust distributor is not a fund house and it's just a distributor like FSM.

Urghhh

AMB Dividend still haven't calculated in my account

Almost 1 month +

Bug them about it... Apr div should be in long time already.

bug who? FSM or AMB? or both?

Pretty hard to bug AMB.. probably FSM then

alright. noted with thanks!

great mind think alike.
more TP, more miles, more flights

Status: Unsuccessful
Reason: Transaction declined. Please contact bank.

Q: WHEN I BUY FUNDS FROM FUNDSUPERMART, IN WHOSE NAME WILL THE UNITS BE REGISTERED IN?

A: For cash investments, all units will be registered under iFAST Nominees Sdn. Bhd. For EPF Account 1 investment, they will be registered in your names. These units are segregated from the company’s assets.
You can contact our hotline (03)2149 0567 for any problems regarding your investments and iFAST Capital Sdn. Bhd. will liaise on your behalf with the fund managers.


Return to Top
Q: WHAT IF FUNDSUPERMART CEASES AS A BUSINESS CONCERN?

A: Fundsupermart is a division of iFAST Capital Sdn Bhd. iFAST Capital Sdn Bhd has a Capital Market Services (CMS) licence from the Securities Commission to offer unit trusts and investment advisory services. It is also registered with the Federation of Investment Managers Malaysia (FIMM) as an Institutional Unit Trust Advisers (IUTA). iFAST Capital Sdn Bhd is a subsidiary of iFAST-OSK Sdn Bhd, which is a joint venture between Malaysia’s OSK Investment Bank Bhd and iFAST Corp. Find out more About Us.
In the unlikely event that Fundsupermart ceases as a business concern, with your permission, all your assets registered under iFAST Nominees Sdn Bhd will be transferred to another Institutional Unit Trust Advisers (IUTA) or they will be returned to you.

That means after we buy funds via fundsupermart i.e. Kenanga Fund, our names will not appear under Kenanga company, our units of the fund will be held under the name of fundsupermart right?

What I'm afraid is what if one day fundsupermart goes bankrupt or another issue that rendered the company to be invalid, where do we claim back our funds? This is one thing that I concern the most.

Hope all can clarify, thanks.

Shoot this question to FSM, see what they answer

Zizi: Welcome to Fundsupermart.com, how may I help
you today?

you: If I buy funds via FSM, is the units that I bought
registered under my name at the fund house?

you: Anyone here?

Zizi: hi, yes. i am here.

you: Please answer my question

Zizi: for cash investment, all the unit trust will registered
under our Ifast Capital nominees account.

Zizi: however, the end holder is you.

Zizi: while for EPF and PRS investment will register under
your own name

you: I only plan to do lump sum investment from time to
time

you: So like you said, it will be registered under ifast
while the end holder is me

you: If one day I were to go to the fund house, probably
they will not have my name registered under their fund
buyer list right?

you: My concern is, what if iFast goes bankrupt or
whatever affair that rendered the company invalid, where
should I claim back my loses?

Zizi: you would need to check with us instead of fund
house because the fund is registered under our name.
however, in the unlikely event that ifast close down, fund
house has the system to check for all the record.

Zizi: then, you may trade via fund house or redeem your
fund

you: There's always possibility for any company to close
down. Nvm, do you have any written black and white
disclaimer that clearly specifies the rights of customer in
case of your company's default?

you: I hope you understand my worry, I wouldn't want to
risk my money into a company that can't guarantee my
fund return in case of default.

you: Is anyone here again?

Zizi: sorry, please wait for a moment

Zizi: sorry to keep you waiting.

Zizi: we have mentioned in the FAQ

Zizi: under 21. Other important information



They are only giving very general kind of answer zzzz..

Securities Commission and the Federation of Investment Managers Malaysia would have the controls in place to safeguard our investments with licensed distributors like FSM.

Furthermore, with the RHB takeover of OSK Investment Bank, FSM is effectively under RHB Group.

This post has been edited by Pink Spider: Jun 2 2014, 05:57 PM

Portfolio update for May 2014:

Fund Name/Month	Jan	Feb	Mar	Apr	May
Public Far East Select Fund	25.7	25.3	26.2	29.3	30.5
Public Asia Ittikal Fund	12.9	15.8	16.2	16.8	18.1
Aberdeen Islamic World Equity Fund - Class A	13.7	14.8	16.9	19.4	21.2
AmDynamic Bond	5.1	6.6	6.7	6.4	5.8
Hwang Select Asia (ex Japan) Quantum Fund	-4.2	-1.7	0.6	1.7	4.6
CIMB-Principal Asia Pacific Dynamic Income Fund	6.9	8.6	10.2	11.3	13.4
CIMB-Principal Global Titans Fund		-0.5	-1.5	-1.8	-0.4
Hwang PRS Moderate	0.6	1.7	2.7	3.6	5.2

AmDynamic Bond is not doing good. NAV keeps sliding.

Ponzi fund start to roar again..

Credited oledi... this fund really more longer time to see the profitable results... huhuhuhu