Done. They responded to my email. Ive just completed my transaction for Aberdeen. Fingers crossed for the future!

Btw, Kenanga Growth Fund just declared the highest dividend since 2012. Not bad huh?

This post has been edited by cybermaster98: Feb 26 2015, 10:39 AM

power of IRR calculation

KGF declared income distribution which results in the initial drop in the unit trust's net asset value (NAV)

RM 0.0948 per unit..

They are being kind of evil then lol.

Fingers crossed for the future

a very quick and simple ques

the profit displayed in the FSM website, is it before or after the 1%/2% deduction ?

tengkiuh

after!
when u buy a fund, it will always be -2% if normal SC

after .... nice

so what im seeing there are already net profit

yeap.. 7% means 9% gain after -2% SC

Simplified yes correct, but mathematically wrong

Assuming your 7% gain is ROI - means that if I invest RM1000, I get RM70 profit = 7% ROI.

Sample --> Sales charge at 2%
Purchase NAV Price = RM1.00 per units. Total units held = 980.39 (after deducting 2% SC). Valued at RM980.39.
Current NAV Price = RM1.0914 per units. Total units held = 980.39. Valued at RM1,070.00.

Profit = RM70.00. ROI = 7%.

However, if we were to assume there was NO SALES CHARGE with the purchase of the same fund, with the same unit price increments....

Sample 2 ---> Sales charge at 0%
Purchase NAV Price = RM1.00 per units. Total units held = 1000.00 (no SC). Valued at RM1,000.00.
Current NAV Price = RM1.0914 per units. Total units held = 1000.00. Valued at RM1,091.40 .

Profit = RM91.40. ROI = 9.14%.


So I don't think you can directly +2% on your nett ROI.

And then again, there's no logic to deduct out the SC and include it as your gain because it is not your gain to begin with. It's a "fee / additional surcharges" incurred for investing. My point being, they've already calculated the nett profit for you, why you want to convert it back to "gross profit" again?

This post has been edited by polarzbearz: Feb 26 2015, 12:15 PM

cause kan.. if u get like 0.57% SC you feel better maa.. more money invested

1 more day to make use of the 0.8%.....
what to buy?
i don't have exposure in BRI
should i go into RHB OSK GS BRIC EQ fund?
Thinking of putting 3% of portfolio into it.
But 44% of this 3% will be in China....
Any fund that is heavy on BRI?
EI GEM has lesser in BRI than GS BRIC.
let me go get a coin.

unker... why BRI... why not just I?

for those interested in the "I"... something i found to share it outhttps://www.jpmorganmf.com/GTMA/MI-WP_ModiH...moon_201501.pdf

This post has been edited by adele123: Feb 26 2015, 02:59 PM

ok.. today bought into Ponzi 2.0 using Ang Paw money

low oil price is good for the country..

today paper told the modi gomen is using the subsidy saving (because of low oil price) to build up infrastructure & others things like china did few years back

This post has been edited by nexona88: Feb 26 2015, 03:29 PM

Be careful though... In India, local governments are very powerful. They may obstruct New Delhi's infrastructure projects.

u mean State Gomen? I tot Modi party control most of the state

Well, in that case, things look brighter

But it's not the case right? So no point converting the nett ROI back into Gross ROI

wah! Everybody working hour also so active in this lowyat!!

I envy you guys!!!