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All about ETFs / Foreign Brokers, Exchange traded funds
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PathofLife
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Oct 28 2020, 08:52 AM
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Getting Started

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To all senior here, need your kind advice on below investment. ETF from bursa Malaysia https://www.bursamalaysia.com/trade/our_pro...ge_traded_fundsWanted to ask if i buy ETF from bursa do i own the stocks directly to the company or just own a part of Bursa portfolio. And is it advised to buy from Bursa or there are better alternative? I am aiming a long term maybe 15 years. Thanks in advance.
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Yggdrasil
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Oct 28 2020, 09:05 AM
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QUOTE(PathofLife @ Oct 28 2020, 08:52 AM) To all senior here, need your kind advice on below investment. ETF from bursa Malaysia https://www.bursamalaysia.com/trade/our_pro...ge_traded_fundsWanted to ask if i buy ETF from bursa do i own the stocks directly to the company or just own a part of Bursa portfolio. And is it advised to buy from Bursa or there are better alternative? I am aiming a long term maybe 15 years. Thanks in advance. Look at their prospectus and financial report to see. Usually you're sort of an indirect owner of the companies in ETFs you buy (Malaysia or overseas). The ETF is like a management company that holds the stocks. You can see their holdings in the report. Just like REITs, you are part "owners" of the properties but it's kinda indirectly. IMO, ETFs in Malaysia have terrible liquidity, spread and high management fees. Best is to look elsewhere.
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PathofLife
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Oct 28 2020, 09:08 AM
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Getting Started

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QUOTE(Yggdrasil @ Oct 28 2020, 09:05 AM) Look at their prospectus and financial report to see. Usually you're sort of an indirect owner of the companies in ETFs you buy (Malaysia or overseas). The ETF is like a management company that holds the stocks. You can see their holdings in the report. Just like REITs, you are part "owners" of the properties but it's kinda indirectly. IMO, ETFs in Malaysia have terrible liquidity, spread and high management fees. Best is to look elsewhere. Thanks for the kind advice. Regarding to the Malaysia ETF is bad do you mean that. KLSE ETF or Dow Jones ETF, as both is listed on Bursa? Or what you recommend is dont buy any ETF from bursa whether is domestic or non-domestic?
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Yggdrasil
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Oct 28 2020, 09:14 AM
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QUOTE(PathofLife @ Oct 28 2020, 09:08 AM) Thanks for the kind advice. Regarding to the Malaysia ETF is bad do you mean that. KLSE ETF or Dow Jones ETF, as both is listed on Bursa? Or what you recommend is dont buy any ETF from bursa whether is domestic or non-domestic? I mean better don't buy those on Bursa because of the way it's structured. ETF management fees here are much higher and the ETFs are not liquid. Only benefit is you don't have to convert to foreign currency to buy.
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PathofLife
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Oct 28 2020, 09:17 AM
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Getting Started

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QUOTE(Yggdrasil @ Oct 28 2020, 09:14 AM) I mean better don't buy those on Bursa because of the way it's structured. ETF management fees here are much higher and the ETFs are not liquid. Only benefit is you don't have to convert to foreign currency to buy. Oh i see, thanks for the clarification and advise. Stay blessed.
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jas029
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Nov 9 2020, 04:42 PM
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QUOTE(TOS @ Sep 24 2020, 10:29 PM) Have you checked out the Accumulating option VUAA? I have been tackling this for some time too. But due to Brexit, not sure how UCITS regulation will be affected. Things are a bit fluid for the UK now. bro, since there are no distribution for VUAA, does the accumulated dividend subject to the 15% withholding tax as well?
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SUSTOS
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Nov 9 2020, 04:51 PM
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QUOTE(jas029 @ Nov 9 2020, 04:42 PM) bro, since there are no distribution for VUAA, does the accumulated dividend subject to the 15% withholding tax as well? Yes, dividend paid out of company already net of the 15% WHT, even though you don't get any "dividends from fund". So, the "reinvested/accumulated dividend" is net of 15% already.
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jas029
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Nov 11 2020, 02:53 PM
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QUOTE(TOS @ Nov 9 2020, 04:51 PM) Yes, dividend paid out of company already net of the 15% WHT, even though you don't get any "dividends from fund". So, the "reinvested/accumulated dividend" is net of 15% already. ok thanks with the info.. also with the accumulated dividend, will we get extra units/shares after the payout/reinvestment?
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SUSTOS
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Nov 11 2020, 04:03 PM
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QUOTE(jas029 @ Nov 11 2020, 02:53 PM) ok thanks with the info.. also with the accumulated dividend, will we get extra units/shares after the payout/reinvestment? No extra units/shares, since dividends already accumulated via increase in NAV per unit, it's factored in. Since no distribution, that means only NAV increase, you count your returns by comparing earlier NAV and final NAV to determine your return, easy and straightforward.
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jas029
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Nov 11 2020, 04:30 PM
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QUOTE(TOS @ Nov 11 2020, 04:03 PM) No extra units/shares, since dividends already accumulated via increase in NAV per unit, it's factored in. Since no distribution, that means only NAV increase, you count your returns by comparing earlier NAV and final NAV to determine your return, easy and straightforward. ok got it thanks for sharing
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tonytyk
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Nov 12 2020, 07:50 PM
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QUOTE(Ramjade @ Oct 7 2020, 10:42 AM) Etf end of the day is about selling. Is not for dividends. Not all companies cut dividends. Majority or my portfolio , did not cut dividend but in fact increase it. I don't do ETF with exception of maybe CXSE cause no money to buy 1 lot of tencent. Drop, I buy some more. No Ark is the company, They have a few ETFs. You can pick which one you like. Wahed also keep converting money everytime you buy. Whether you make or lose money is usually known when you are finally ready to exit your investment. Converting money must also be smart. Use banks and your expense is more. Which platform you use to purchase the ETF?
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Ramjade
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Nov 12 2020, 09:41 PM
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QUOTE(tonytyk @ Nov 12 2020, 07:50 PM) Which platform you use to purchase the ETF? Depend on which brokerage you open with. Cheapest is Trading212 as you can buy fractional shares and zero commission. Only con is when you withdraw you pay huge commission to Malaysian banks in terms of exchange rate, fees. Alternatively use Interactive Broker (IBKR). I use whitelabels of IBKR as I don't have USD100k cash or stock with them. If you like someone to do the buying for you (which I am totally against), go get yourself a stashaway account. I only use stashaway for parking my money (stashaway sg simple)
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tadashi987
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Nov 17 2020, 08:53 PM
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Convertiblesis anyone here looking at or holding convertible ETF? seem to be a ETF which hold asset having exposure to both bond and equities This post has been edited by tadashi987: Nov 17 2020, 08:53 PM
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dynames41
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Dec 3 2020, 11:41 AM
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New Member
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Hi all, it's been a while since i last visited here. For IBKR/TSG funding is cimb click > fastsaver > ibkr is still the best method around? Or are there other more efficient cost-saving routes out there? Apologies if this was already been made clear before, but the pinned msg still recommend the above method.
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tadashi987
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Dec 4 2020, 12:47 AM
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QUOTE(dynames41 @ Dec 3 2020, 11:41 AM) Hi all, it's been a while since i last visited here. For IBKR/TSG funding is cimb click > fastsaver > ibkr is still the best method around? Or are there other more efficient cost-saving routes out there? Apologies if this was already been made clear before, but the pinned msg still recommend the above method.  AFAIK it is still the best way
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Ramjade
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Dec 4 2020, 10:32 AM
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QUOTE(dynames41 @ Dec 3 2020, 11:41 AM) Hi all, it's been a while since i last visited here. For IBKR/TSG funding is cimb click > fastsaver > ibkr is still the best method around? Or are there other more efficient cost-saving routes out there? Apologies if this was already been made clear before, but the pinned msg still recommend the above method.  QUOTE(tadashi987 @ Dec 4 2020, 12:47 AM) AFAIK it is still the best way  Actually wrong. That's the worse way. It should be CIMB my > instarem/money match/Bigpay/TransferWise/Sunway money > fast saver
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tadashi987
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Dec 4 2020, 10:38 AM
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QUOTE(Ramjade @ Dec 4 2020, 10:32 AM) Actually wrong. That's the worse way. It should be CIMB my > instarem/money match/Bigpay/TransferWise/Sunway money > fast saver oh ya i mistaken  i read it as local bank -> instarem > cimb click, my bad
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dynames41
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Dec 10 2020, 12:09 PM
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New Member
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QUOTE(Ramjade @ Dec 4 2020, 10:32 AM) Actually wrong. That's the worse way. It should be CIMB my > instarem/money match/Bigpay/TransferWise/Sunway money > fast saver Wowww...so much fintech services to choose from...  thank you @Ramjade , @tadashi987
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jutamind
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Dec 10 2020, 12:40 PM
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I think MoneyMatch won't allow the transfer if you tell them the transfer is for investment. I have 1 transaction rejected previously for to this reason QUOTE(Ramjade @ Dec 4 2020, 10:32 AM) Actually wrong. That's the worse way. It should be CIMB my > instarem/money match/Bigpay/TransferWise/Sunway money > fast saver
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kart
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Dec 11 2020, 09:22 AM
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QUOTE(Ramjade @ Dec 10 2020, 08:19 PM) Buy ark directly from US market. You pay half price for fees. Correct me if I am wrong, but I believe you said that you dislike investing in ETF and index fund. Do you have any reasons for that? Thank you for your clarification, Ramjade.
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