SOS Why 80% unit trusts holders under performed?

http://klse.i3investor.com/blogs/sosfinance/59854.jsp

There was some discussion on UT vs ASX earlier.

Bottom line is, only a few are doing well. So, don't blindly jump into UT thinking the grass is greener there.

Cheerio.

There was some discussion earlier on moving to UT where one can get higher returns @ 10+ % than ASX.

I mentioned about a report by EPF stating most people who used EPF money to invest in UT did not do well in UT. Thus, don't jump into UT blindly.

The link earlier is related to a study on UT performance which concurs with my belief that it is not all green grass in UT land.

OK now?

Reminds me of AS1M release day a few years ago. Took half a day off, I went to MB and I was the 3rd in my queue. Guess what? I was very lucky, after my successful transaction, the 4th one in my queue could not open his account. All taken up in less than 1 hour. We non bumis are the desperate lots! Ha.

Interesting infor.

Can't get to ASNB today, some web problem from my end.

Do you know the take-ups for the bumi and non bumi for all the fixed price units?

Bumi take-ups are about the same in all the fixed price units or is there one with very good/bad bumi take-up?

Thanks.

No dividend and fixed price, then how to grow?

Same as keeping the money under the pillow.

SC has the power to tell PNB what to do?

Dividends in cash and not as reinvested units, I see.

Not that bad as that will give me a good excuse to diversify/jump to another investing vehicle without that much regret. Ha.

Out of curiosity, are there other countries (developing or developed countries, past or present) practising what ASNB is doing?

Just want to know how have they fared in their quest.

Cheerio.

CONGRATULATIONS!

Caught a giant tuna! Ha.

Sorry that I was not clear with my query.

I was referring to govt bodies like ASNB "helping its citizens" with better returns. I was not referring to units with fixed prices.

Any other countries? Or are we the only one?

Wah, see that you have changed your GF. Ha.

AS1M (blue line) has performed better than EPF for the past 4 years.

My view is, all the ASX will do better than EPF. Why? My guess is the fund size of EPF is just too big.

Expecting 6.60% for AS1M next week. Will treat my family to a good dinner for anything higher than 6.60%.

Cheerio.

And as fund managers, they have written and unwritten rules to follow.

E.g., keep minimum cash in hand and thus buy buy buy, stay with proven shares and don't be too daring in venturing into the UT untested shares or those not in their approved list, etc etc

Hai ya, mana boleh ini, 1+1=11?

Normal dinner is maggi mee. Good dinner is maggi mee PLUS eggs!

0.1% of RM10K = RM10

0.1% of RM50K = RM50

I can buy quite a lot of eggs! Ha.

Hope for a BIG number this week!

The calm before the STORM on 1 Oct!

Got RM2K ASW and RM1K AS1M today.

At CIMB, in 3 transactions. I have not been to this CIMB for many months now due to past poor response. Happened to go to HL bank and decided to drop in at CIMB which is nearby.

Ha ha, very insightful!

Nestle is in my list to watch but it is now not at the right price to buy. Yes, some will say it will go even higher but the upside is getting smaller and harder to reach. My 2 cents.

Wah, a wholesale fisherman here! CONGRATULATIONS!

I was asking myself why the huge selling. They will lose out on Sept dividend. Just hand on for about a week and one will get, assume RM0.5 million sellout, 500,000*0.066/12 = RM2750 Sept dividend.

But to the rich ones, this RM2750 is like sugar grain, too small to be seen. Ha.

Correct me if I am wrong here, in AS1M, non bumi can only buy non bumi sell off units, right?

Thanks.

I was curious and did a comparison.



I know AS1M only started recently but using the average 6.5% pa dividend, I plotted the returns since 2000 for AS1M & Nestle.

Only in recent years, Nestle did better than AS1M. Nestle price trend seems to reach a flat line now, undecided whether to increase further or take a breather.

Yes, I did not include Nestle's dividend in there.

With Nestle, the profit is only on paper until you sell it. It may drop (small or big) in the coming recession. With AS1M, no worry, the amount is always there and cannot go down unless you withdraw.

Cheerio.

This post has been edited by plumberly: Sep 25 2014, 12:45 PM

Sharing one article I read in today's The Star. Maybe the writer is one of our friends here? Ha.



AA When they reported x million profit for this year, is this year's profit really x-y million (with y million from last year's profit which was not distributed)?

BB Or, y million being added to PNB's investments and x million profit is from ALL the funds including last year's y million undistributed money?

CC some other hidden scheme?


I hope it is BB so that the money is not sitting there doing nothing.

Hope that the undistributed money has no hidden leaks (like UPSR?) and annual audits are in place to keep the leaks in place.

Appreciate some with inside knowledge can shine some light on this subject. Thanks.