Dear Valued Customers,


With refer to the above.

We have been informed by Hwang Investment Management Berhad on the merger between Affin Investment Bank Berhad (“Affin”) and HwangDBS Investment Bank Berhad (“Hwang”) is targeted for completion by 20 September 2014. With effect from the merger date, also known as Vesting Day, Affin and Hwang will begin combined operations under the new brand name of Affin Hwang Capital, with investment bank operations renamed as Affin Hwang Investment Bank Berhad and the asset management operations renamed as Affin Hwang Asset Management Berhad. ....... does this effect become another RHB-OSK merge ??? I hope it won't mess up our favorate ponzi.

This post has been edited by yck1987: Sep 4 2014, 09:11 PM

No till they lower their SC to some competitive level.

but i heard they give a stable 10-15% ROI each year?

Which fund to be particular? PSF? PRSF?

I'm holding 5 PM funds and slowly to disposed all too.

from which source you get 10-15% ROI pa? which fund ?

ECB Unexpectedly Cuts Interest Rates as Outlook Darkens

The ECB’s 24-member Governing Council reduced all three of its main interest rates by 10 basis points. The benchmark rate was lowered to 0.05 percent and the deposit rate is now minus 0.2 percent.

URL: http://www.bloomberg.com/news/2014-09-04/e...ok-darkens.html

ECB Readying Broad Asset-Backed Purchases After Rate Cut, Draghi Says

The ECB “will purchase a broad portfolio of simple and transparent securities,” President Mario Draghi said at a press conference in Frankfurt today. While the measures announced today will have a “sizable” impact on the balance sheet, “some of our council were in favor of doing more than presented,” he said. The euro dropped below $1.30 for the first time since July 2013.

URL: http://www.bloomberg.com/news/2014-09-04/d...r-rate-cut.html

good or bad for UT?

Should be good for jump start a weakening economy.

but affects exchange rate. which in turn, affect our return.

but good time to get some euro for whatever reason.

Not globally speaking

Buying unit trust through m2u convenient?
Sales charge around 2 to 3%....giving fundsupermart some competition? yes or no?

When there's a promotion by FSM, SC can be as low as 0%.

Payment can be made using FPX.

Which one is more beneficial?

Through cimbclicks also can.

But the lowest i can get from cimb is 2.5% for equity funds. Fsm win though certain cimb fund are not available through FSM. eUT should be the obvious competitor.

This post has been edited by adele123: Sep 5 2014, 07:40 PM

I am holding 4 PM funds, PSF,PRSF,PFSF and PIBOND. invest since year 2002.
didnt know about FSm till someone come enlighten me with "why pay SC 5.5%?

Welcome back from Your Sleep~

This post has been edited by woonsc: Sep 6 2014, 02:20 PM

Still hold the investment in PM, as i do not want to put all the eggs in 1 basket.

Yes the return is slightly lower compare with other fund. Somehow, it still generate profits.

I am still holding some PM funds too, dating from early 2000s. I think if I transferred everything to FSM, I would be a platinum account holder already...

Main benefit right now is that I have a platinum credit card issued by Public Bank and offered by Public Mutual. I wonder if they would cancel my card if I moved everything away.

What To Make Of The ECB’s QE?
The European Central Bank has further eased monetary policy, with both rate cuts as well as quantitative easing. In this week’s Idea of the Week segment, we review the key actions taken by the ECB and attempt to review how effective they might be.... Fundsupermart.com September 5, 2014

https://secure.fundsupermart.com/main/artic...-5-Sep-14--9722