p/s I have client who is withdrawing close to RM2,000 per mth from his portfolio (just profit alone without touching the principle) and he does not have to wait for distribution, I just sell his equivalent units. Who says unit trust cannot make money wan?

Give a simple picture
Initial: RM1m
Fund A RM500K
Fund B RM500K

1 month later...
Fund A RM508K
Fund B RM502K

So, u sell 4K of Fund A and RM1K of Fund B and leave the rest to grow

Something like that...

Don't assume that.

It COULD also be like this:

Initial: RM1m
Fund A RM500K
Fund B RM500K

1 month later...
Fund A RM498K
Fund B RM495K
I.e. net growth only -RM7K in which case u will withdraw lesser, withdraw nothing or even top up

I was just trying to illustrate what xuzen does with his client's account

There are several ways... switch some units from equity funds to bond or money-market funds each year, and withdraw out of the bond/money-market funds each month... structure the portfolio to have funds that have distribution in various months or quarters of the year... structure a major portion of the portfolio to have cash distributions... structure the portfolio to have more 'dividend' funds... re-balance the portfolio each year by selling some units equally from all funds or a selection of funds... a combination of all these methods.

This is from a normal investor viewpoint. Maybe a licensed adviser would have more tools at his disposal without incurring unnecessary switching and exit fees.

just a few funds have minimum holding periods...

eunittrust having 0% promo...exit fee = 0. I proposed KGF & KGOF...within 3 months..you will get back..RM1500 for RM40k invested..

Check to see if there's a min holding period, exit fees etc. But seriously why? you're going to gamble, might as well buy small cap at the stock market. Paying 2% for that kind of risk, doesn't seem to make sense

many ppl already go eUT

pls pm me your email & name. so you can win great prizes...pls before 30 June 2014.

If you are going to dca via fxpay it will have to be more than 500 otherwise they will charge rm2

I don't know why the fuss over 1%-2% differences. It is nothing if you're investing over long period like for retirement. Equity fund short term volatility is more than that. Having all your portfolio in one place is better for easy management and critical mass needed for switching. I think that out weight 1-2% saving in SC.

every cent is money, 10k *2% is rm 20, can eat a decent meal

What is your time frame you are looking at to invest in UT

Actually now that you think about it, if you have a large amount of money (over Rm100K) the commission starts getting ridiculous, but the returns are still pretty good considering.

Sometime you have to look at the market condition during SC discount offer. Many times I found that just because of chasing the 0% or 1% offer, I have bought at higher price than if I wait for the dip to top up or accumulate more. Need to make sure that we're not penny wise and pound foolish. Yes, 0% is tempting, but is the timing fit into your investment system/methodology?

nobody asks you to go all in during 0% offer. I never encouraged blind investment. I am just pointing out that there is no point paying additional SC where you can buy somewhere cheaper.