Just bought Ponzi Quantum xD

Haha!

Since U all were talking about it lol.

Dun worry. As adults we are all responsible for our own actions. =P

I never saw this fund cos it doesn't appear in any of FSM's "Best in industry" funds

Actually this fund should be quite volatile, since it's investing into "Small to Medium Companies" and has a risk rating of "10-Highest Risk"

copy paste from FSM website lol

Chill guys..

It's just a communication issue.

e.g. When I read cyber's post, what i understood was that he will invest 100k into KGF and 100k into ESC. Pink Spider understood that he will only invest 100k, into KGF and ESC. No big deal. In either case, depends on how u read it, it's both right!


Also, it's pretty much a bad question to ask as everyone will have a different opinion and it's pretty much proven (if i'm not wrong) that we (humans) suck at both risk assessment and predicting the future.





p.s. Crazy Ponzi gained 1.09% on 16! Too bad i went in on 16 and gained 0!!!!
Congrats to Ponzi holders!

This post has been edited by polkiuj: Jul 18 2014, 09:42 AM

Yayaya!! I bought Ponzi! Haha!

Thanks to sifus who pointed this fund out

Thanks for the advice! I didn't buy that much It makes up about 9% of my non locked UT

Hope that it can continue it's Ponziness

For now, ALL PRS is ZERO sales charge

=)

Stock prices will come down, we don't know when but it will come down.

Wow!! I think this guy must be a REAL GENIUS to be able to figure that out!!

Of course it's excluded. There is no free lunch.

I think it's regulated by the SC

The fund choices and promotions ARE the reasons why someone would choose eUT over FSM.

Besides that, I think FSM has a better layout/website and decent customer service. eUT's website looks and feels horrible but not sure about their cust. service

Wow bolehland this week has amazing performance. First time since I started tracking that Friday did not end up in red!

My portfolio is positive this month, thanks to last week's (week 33) SUPERIOR performance! But this week is TERRIBLE! Seeing red when the market was green -.-'

This is a FSM thread. I'm sure there are other places to discuss ETFs

@Arvinaaaaa you can actually leave the RSP there to pull from your CMF. If there is not enough funds, it will not create the contract.

The main reason u RSP so u can lock in the 1% sales charge for 6 months

This post has been edited by polkiuj: Aug 27 2014, 10:36 AM

"Q: What are the New Account Benefits?

A: With effect from 02/02/2012, Fundsupermart.com Malaysia will be providing exclusive benefits to new account holders.

These benefits include:

1) Sales charge capped at a maximum of 1% (normal FSM sales charge is 2%).

2) Regular Savings Plan (RSP) sales charge capped at 1% for first 6 monthly deductions.

These benefits are applicable to UNLIMITED purchases of ANY unit trust, up to a period of 30 calendar days upon account activation. However, these benefits do not apply for funds listed under Hwang Investment Management Berhad."

"Q: What if there is a monthly deduction failure on my RSP?

A: In the case where you do not have sufficient bank/Cash Management Fund balance for the monthly RSP deduction, and the RSP transaction fails, this failed transaction will still count as a monthly deduction and you are deemed to have enjoyed the New Account Benefits."

"Q: Do I need to have an initial investment before starting a RSP? What is RSP Specialist?

A: You can start your RSP from as low as RM100 per month for most of the funds without having to fulfill the minimum initial investment amount. EXCEPT for OSK-UOB Institutional Islamic Money Market Fund as well as funds from CIMB-Principal Asset Management Berhad, MIDF Amanah Asset Management Berhad and Hwang Investment Management Berhad where you are required to invest the minimum initial investment amount first before starting the RSP.

RSP Special List is a list of funds which enables you to start an RSP at the minimum RSP amount without required a minimum initial purchase.

Please click here to view the funds."

@woonsc if it's past your first month then it's too late.

@arvinaaaaa
1. Choose 5 funds and start RM 200 RSP via CMF
2. Manually buy CMF for your first 1k and on the 15th, it will auto transfer into your selected funds
3. Manually buy CMF every month. If you have enough balance then it will auto transfer into your selected funds on the 15th. I think it will do partial transfers if there is not sufficient balance and if no balance then no transfer.
4. Enjoy ur first 6 months of 1% sales charge

It's BOTH.

"Q: What are the New Account Benefits?

A: With effect from 02/02/2012, Fundsupermart.com Malaysia will be providing exclusive benefits to new account holders.

These benefits include:

1) Sales charge capped at a maximum of 1% (normal FSM sales charge is 2%).

2) Regular Savings Plan (RSP) sales charge capped at 1% for first 6 monthly deductions.

These benefits are applicable to UNLIMITED purchases of ANY unit trust, up to a period of 30 calendar days upon account activation. However, these benefits do not apply for funds listed under Hwang Investment Management Berhad."

0.57% sales charge promo