ameyati:

are you a Charted Financial Analyst?

but you forget(or purposely didn't mentioned) about the transaction charge which is almost 4-5 percent.

No I am not but I will register for it this year and take exam next year. It's a hard paper you know. My friends (3 guys) has even repeated the level 1 exam for 3 times . Hopes I wouldn't have such problem next year!. . It just that I am in this stock broking industry and I know something.hehe

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Added on May 19, 2008, 7:33 amIt's not that I purposely not mention the service charge but you know, to explain all in one post will takes thousands of words about the investments. Ok as for charges, PM charges about 5.5% (drop 1% this year compared to 6.5% last year) for cash investment, and 3% for EPF investment. THis is one time charges once you invest in UT.The annual charges would be 1.5% Management fee and max up to 0.08% for the trustee fees (depends on the funds type).

If you invest RM100k,you will eligible to be MUTUAL GOLD member and enjoy MUTUAL GOLD benefits such as:

1) Repurchase cheques within two business days
2) Switching fee waiver between loaded funds (usually cost about rm25 per switching)
3) Administration fee waiver (1.5% per year)
4) Free group personal accident with permanent disability insurance of up to RM500,000 (age eligibility 18-59)
5) Free public bank credit card
6) Free will writing and setting up of trust
7) Complimentary magazine
8) Complimentary petrol vouchers for motor insurance
9) Quarterly account summary
10)Quarterly fund review
11) Invitation to seminar/financial planning talk, and many more

So,call me to get your brochure and prospectus today! AMEER 0142331917 or email me at countariza@hotmail.com .CHEERS!!!

This post has been edited by ameyati: May 19 2008, 07:33 AM

ah_suknat,

BTW, he forgot to tell people that his 12% to 15% is based on after deducting 4% to 5% aka 96% to 95% of the invested amount. For ASB, it is based on 100% invested amount.

So, it is NOT an apple to apple comparison to begin with.

Dreamer

This post has been edited by dreamer101: May 19 2008, 07:49 AM

i think you have to to PNB and get a surat sumpah, saying that you have lost it.
in other words, its illegal to say you have lost it when you haven't.

nice...but i would like a few answers before i buy UT/PM, since you're planning to get your CFA next year plus you're in the stock market, i'm sure you know the answers to the following questions

Questions:

1) What's the Malaysian, Chinese economy status right now?

2) How to determine when to buy/sell (entry/exit of positions)?

3) What's the difference between UT/PM and typical Fund Managements?

4) Who are the traders for the Fund Management and their qualifications?

5) What make stocks better than commodities, forex, futures, options trading?

hmm..so you're trying to testing me . Come on, I am just a fresh graduate with a 5 months experience in this industry. But nevermind, I will try to answer them and if there's something to share, let share it here .I will try to answer as simple as possible:

1) The Malaysian market is expected to rebound in next few days due to the analyst expectation that the rally on stocks in Oil & Gas and also selected CPO to continue strengthens. Not to mention this will still remain bullish for the next few weeks, the surging in price for building & construction materials for eg. steel(steel bars &bilets), cement and etc. would also benefits to local companies like CIMA, Southern Steel etc. Eventhough Malaysia market is still be affected by the US economy (subprime & credit crunch), we expect there would still be strong on local demand and spending. especially on buiding materials as the Iskandar development project would surely boost the demand for the said materials.
China market,I am not so sure. But, we're looking forward towards the Olympics in Beijing which would boost consumer spending,tourism,demand for fuel to increase(transportation),etc. Eventhough,its inflation is quite high,that is atually what analyst had been expected to be parallel with the countries economic growth.

2) Buy when the price is low (after declared dividend),or when the prospect for the company is to be said promising. Exit position can be made when price is high(determined by the market,so if you like to speculate,choose the stocks with high trading volume). If unit trust,switch, when you think you had make profit to lock it. As for technical part,you will need to interprete the price charts.Good source would be on Bloomberg.I'd prefer the Bollinger Bands,RSI and stock price performance (japanese candle stick).

3) I think Unit trust is quite similiar to fund management cause it is managed by professional fund manager. The funds (your money) will be invested in various sector,region and securities(stock,bond,Money market) to diversify.I would say both of them is the same.correct me if i am wrong.

4) Fund management will be managed by the fund manager. The most preferred qualification would be CFA.The fund manager must also registered with Securities Commission and had passed Fund Management examination which includes module 9 & 10.

5) Stocks is better in terms of ownership that you have. For eg. if you own 10% shares in KENCANA PETROLEUM,you are among the boss in that company.You will gain on profits made by the company in terms of dividend payment & capital appreciation. You will also benefits a lots if there is a corporate action eg. bonus issue,rights issue,warrants. So stocks is better than any investment that you have listed.COmmodities,Option,Forex,warrants are all very volatile and very2 high risk investment!!!

That's all I think. Share some info with me.Correct me if I am wrong . I am new,but always looking forward to improve my knowledge and myself.CHEERS!!

Regarding the 12%- 15% return I said previously is what the fund managers are trying to achieve. But hey,My mom's makes a return of 40% of her investment in Public ITTIKAL funds in 2 years!!!CHEERS!!!
Ameer 0142331917/ countariza@hotmail.com

ameyati...haha..i'm starting to like you..very nice explaination..not testing you lar..just wanna know more bout finance.. Good luck in your coming CFA bro.. But..getting a 10% share is quite a lot..isnt it?

but anyway, those who doesnt know how to trade, should buy UT or give it to fund managers, if they wish to increase the value of their money. Basically, to me, UT is FM...just that UT takes more profit, and slightly less risk.

How is it like working in the stock market anyway?

This part is very misleading. You need to include that unit trust could make NEGATIVE returns as well.
Unit trust is mostly invested in equity markets, and if equity is on a downturn, how can funds make returns of 12% - 15%? Also, you mother was investing during the 2006-07 boom years, so it does not surprise anyone with that return. When do you think the market would make such a bull run again? Please remember that "past performance is not an indication of future performance".

BTW bro, please know the right place to post. This thread is for ASB, ASM, ASW, ASD, ETC

This post has been edited by Jordy: May 20 2008, 02:27 AM

Thank you.Yup 10% shares in 1 company does really need lots of money. If you are VERY RICH,then only you can buy 10% bcoz it will cost you RM hundred millions. Working in stock market is really challenging and great. I am exposed to many opportunity to learn more about finance.

Regarding the post, I really need to apologize for the wrong place. Sorry dude,I am new and quite confusing on which forum should I go.

About the UT, YES it is risky and loss in investment return is possible but you know the fund manager know what he/she is doing and the consultant should know when to switch and which funds to go.

Seems that this is my last post in this forum. If got any question,please PM, call or email me. I will try to find the suitable forum for the topics I intend to discuss.

CHEERS!!!

i mean this is based on my experience on UT, it took about at least 2 years for me to start to see some profit from it due to to the high cost maintenance, anyway now sold already and only made "kicimiau" profit (at least better than FD)

but maybe if ur lucky, and the fund manager lucky hit the right jackpot, you can have a faster rate of return......

If i'm not mistaken there's Sales Charges for ASN & ASG? abt 5%.

ASB dun have at all.

ARE THEY TOTALLY WORTH IT ?
- no comment for other Amanah Saham coz i have ASB only.
Quite ok, better than nothing what?. e.g December last year i have RM420+ only left in my ASB. After ASB pay dividen + bonus, i have RM470+ in my account. Ok la, Who want to give you RM50 rite?

rm50 out of 420 is 11.9 percent. imagine if you max your asb at 200k, that's a whopping rm23800 free money!!!

Exactly, likewise, if you have a few hundred K of, say, ASW2020, it's also around 20K to 30K of free money. But then if we apportion out over 12 months, it's not really much, say-lah, if we want to go on retirement and just use this money to maintain our lifestyle.

So, let's not be over-confident, unless, of course, if you have RM 1Mil in ASW2020, then can-lah,......

This post has been edited by Lawyer1: May 29 2008, 01:38 PM

By the way, is there anyone come from sabah.
I heard that sabahan(kadazan) need to redo the a cert which to confirm yourself is a bumiputra, anyone know where is the actual place to do it? I heard its Pejabat Fued Steven, but, not really sure the place.
Can anyone help?
Anyone got the infor, pls email :vivi_fyv@hotmail.com

quick question.
if i have ASD passbook, do i have to go to PNB to buy more units?

Do you mean Sino-Kadazan ? As far as i am concerned, Kadazan needs not to do the "Surat Anak Negeri".

there are still much dispute whether the government want to recognize sino-kadazan as bumiputra or not. but if you are pure kadazan, no need to redo cert la, they are pure "bumiputra", like the red indians in the state, even purer than Malay.

hi vivien, your a sino too?

compound bonus friend
wait a
i paste excel result
this one dividend at 7%
0 200,000.00
1 214,000.00
2 228,980.00
3 245,008.60
4 262,159.20
5 280,510.35
6 300,146.07
7 321,156.30
8 343,637.24
9 367,691.84
10 393,430.27
11 420,970.39
12 450,438.32
13 481,969.00
14 515,706.83
15 551,806.31
16 590,432.75
17 631,763.04
18 675,986.46
19 723,305.51
20 773,936.89

This thing has been resolved. It is clearly stated in the "Perlembagaan Malaysia" and nobody can questions it. It is confirmed that Sino-Kadazan is bumiputra. This is one of the special rights agreed when Sabah joined the Federation of Malaysia in 1963.


From 200k.

This post has been edited by MilesAndMore: May 30 2008, 11:25 AM