It has been a suckish month for equities. Only my money market give me the most return this month of Aug-14.

So it is another new month, time to consult my crytal ball aka my algo. Since FSM website is down, I will do it after I come back from Merdeka holiday.

Happy birthday 58th birthday Malaysia...

Xuzen

Crystal ball is dependent on whether site is up? Hmm, I have a new crystal ball.. testing now, it seems to say we are in for a bit of downtime, but not sure as to the accuracy yet.

Does anyone here buy any AMDIST or fixed income funds whch give out mnthly dividnds ?

AMDIST is acronym for ?

Dividend is irrelevant in the context of unit trust.

Please take time to read Post #1.

M for Monthly

DIST for Distribution

Don't knw what A stnds for.

But any funds or unit trust whch gives out a monthly dividnd has the word 'AMDIST' in its name. Do a search in the FSM website. YOu will see such funds provided our BNM has givn the approval to FSM to retail-sell thes AMDIST fnds in Msia.

This post has been edited by Hansel: Aug 31 2014, 01:46 PM

If u mean fixed NAV income fund, I know one AmCash Management Fund which NAV is fixed at RM1.0000 and gives monthly income. Also provides chequebook facility.

Not available thru FSM. U have to go direct to AmInvestment/AmBank to apply for it.

This post has been edited by Pink Spider: Aug 31 2014, 02:12 PM

Anyone having EASTSPRING INVESTMENTS BALANCED FUND?

Thingking to take a risk to put my CMF $$ in here.. may not touch in 6 - 8 months..

for 6~8 mths time frame with the current volatility uncertainty of US interest rate upward announcement....+ the SC charges of the funds and with the return of the funds "NOT expected" to exceed MUCH compared to CMF...

I would buy into CMF and wait for the expiry of the 6~8 mths

Pink Spider, thank you. I'll chk it out.

Looks lik nobodyis intrested in AMDIST fnds here.

Because the rate of return is not attractive at all, it's more for liquidity than for return. I'm talking in relation to AmCash Management Fund.

And fixed income funds are not really in flavour at the moment.

Back to my earlier post/reply to you, monthly dividend/distribution or not, it's really not important. What we as investors want is for the fund to grow our wealth; if you need regular monthly income, u don't really need the fund manager to "distribute" to you, just sell off your profit (if any) for the month. This has the SAME effect as the fund manager paying dividend/distribution to u.

For the reasoning behind this, go see my examples and illustrations on Post #1.

Okay,. thank you again, Pink,...

Guys, Tomorrow FSM people working? The call center I meant..some shit happened to my money during the maintainance..need to call them so settle this matter

bought on 30/7/2014, profit on 28/8/2014 was -2.53%.

You mean you actually bought it? Or you just checking the past one month performance?

They're closed today (September 1st, 2014) as Malaysian market also closes.

Ok bro.. thanks

Don't worry la...everything has history and audit trail nowadays

he accidentaly voided his purchase after buying..

i thought after paid, cant void?

Before FSM confirm receipt of the transfer/money, can void.

Select purchase(s) > Confirm > Pay by FPX/Interbank GIRO >>> FSM confirm receipt

During ">>>", u CAN void. How u know he did that? He told u? Why so hand itchy?