So do a lot of funds that don't charge 5.5%

What is the returns like after this long?

All of them are local funds. PM is jaguh kampug. Since all the funds aged > 10 years, the return should be decent enough and have covered the SC of 6.5%!

yes, that time they charge 6.5% SC.
but even i hold 4 PM funds, total not over 50k as of now.

All of your PM Fund in Green Zone?

PM can transfer into FSM ?

Cannot.

Technically cannot - there are no PM funds carried by FSM.

However...
U can check with FSM whether they still allow:
1. Sell PM funds - get proof say $100K
2. Show proof to FSM then buy $100K of similar funds (eg. PM equity to FSM equity funds) at 0% service charge

That's what i did 2+/- years back when gave up on PM

Can.

Just sell the PM UT, then email FSM you want to transfer money from PM to get 0% fee UT in FSM.
You have 30 days to buy FSM UT at 0% fee.

I did most of my buying in FSM that way. Can also park that money in CMF first, no need straight buy UT.

dont worry if you see 2% fee, it will become 0% after you email FSM the transaction record.And can also buy in any combination of FSM funds (except HwangIM), in multiple transactions, ie sell PM UT 100k, can buy FSM many times till total 100k+/-, sometimes i overbought abit also they gave 0%.

Guys, my understanding of transfer in is to transfer a fund from fund house or distributor into FSM. The fund transfer out and transfer in should be the same:

Fund Asia ex Japan A from Fund House A ---> Fund Asia ex Japan A in FSM

When you're transferring out from PM, basically you're selling off all the holdings in PM and buy into new funds from other fund houses available in FSM.

Of course, in term SC, it can be negotiated with FSM.

Correct me if I'm wrong.

Is 0% SC in FSM applicable to (a) any amt fr PM n (b) Bond fund fr PM?

I didn't know that. is that in order to transfer PM into FSM and entitle 0% SC fund holding under PM must be at least 100K ?

yes, all 4 funds is in positive trends.

Public Bank will charge yearly fee and government tax to your platinum card if your holding in PM is below certain sum. Not sure if it is RM100k or RM200k.

This post has been edited by bbgoat: Sep 7 2014, 12:45 PM

Hi guys, new to this online UT purchase. Between Fundsupermarket and eunittrust, which one is better ? Thanks !

Both are internet platform to purchase UT from multiple fund house. They offered lower fees and 0% fees during their promotion period.

Thanks !

Can we buy ASNB funds in Fundsupermarket.com ? I was not able to find it in the website. Heard from others that Fundsupermarket is selling it.

Don't think so..

WAH... Master sifu Wong high roller..

Are you into share investment? Can't really remember..

bro - eg only lar $100K
small potatoes me mana ada swing so hard neh

yup - do stocks too but very little nowadays in MY except for CIMBA40 +CIMBC25.
ssup?