QUOTE(infernoaswen @ Dec 25 2014, 01:00 AM)
Want to ask, when you guys topup your funds, how long does it take with FSM?
I been using eunittrust, when I make my transaction it takes around 3days to process. E.g if today market crashes so nav is pretty low & I decided to buy some but by the time my transaction succeed the nav increased already & they followed the latest price
Also what are the pros & cons of using FSM with eunittrust? eunittrust having promo, SC for KGF is 1% which is why I topup couple of days ago since nav dropped.
With FSM, it takes 4 working days to FINALISE, for u to see them in your summary of holdings. But the 4 days lag is just processing time, as long as your buy transaction is completed (click buy + make payment + payment received by FSM) by 3PM on a business day, u get NAV for THAT DAY, your money ain't gonna disappear during that 4 days. I been using eunittrust, when I make my transaction it takes around 3days to process. E.g if today market crashes so nav is pretty low & I decided to buy some but by the time my transaction succeed the nav increased already & they followed the latest price
Also what are the pros & cons of using FSM with eunittrust? eunittrust having promo, SC for KGF is 1% which is why I topup couple of days ago since nav dropped.
By the way, don't get too overly bothered with NAV, u are not trading UTs (well, u should NOT be!), over the long term, a few % difference would not make much difference.
QUOTE(NeN51 @ Dec 25 2014, 08:57 AM)
To all sifus, just a quick question.
I did a brief calculation on my investment holding but somehow the average price i bought in it is not the same as the one listed by FSM "Weighted Average Cost".
Any bros having this issue? Or do you know how they calculate the WAC?
Thanks in advance!
WAC showed in FSM includes your sales charges.I did a brief calculation on my investment holding but somehow the average price i bought in it is not the same as the one listed by FSM "Weighted Average Cost".
Any bros having this issue? Or do you know how they calculate the WAC?
Thanks in advance!
QUOTE(elroyrovers @ Dec 25 2014, 12:21 AM)
Hi all. I'm a newbie to Fundsupermart. Used to have an agent do all my unit trust investments. That's about a few years ago. now I want to try and do it on my own.
I guess, with the local equity market being bearish, could be the time to look for bargains.
If some of the taikors here have recommendations, sure would appreciate it.
TQ.
With FSM, u could invest GLOBAL. Why think only of local equity market? I guess, with the local equity market being bearish, could be the time to look for bargains.
If some of the taikors here have recommendations, sure would appreciate it.
TQ.
But as some would say, it's good to make local market the "anchor" of your portfolio, if u are not already invested in local equities yourself. Main reasons:
(1) no foreign currency translation loss
(2) local market is "inefficient", i.e. fund managers can easily beat the market. But this argument is also valid for most developing countries stock market
As for myself, I'm already invested in local equities, so my UT portfolio is mainly overseas-focused.
QUOTE(MyRedz @ Dec 25 2014, 09:07 AM)
Err...find some under-covered gems and buy them? The stocks which contributed the most to my portfolio, most fund managers would not even look at them.
Apollo - makes your favourite snacks
Hup Seng - makes your Ping Pong cream crackers
Gems are not easy to come by. I've already dumped these 2 stocks. Of my current holdings, DiGi and Karex
This post has been edited by Pink Spider: Dec 25 2014, 11:01 AM
Dec 25 2014, 10:55 AM

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