QUOTE(cybermaster98 @ Mar 3 2015, 05:11 PM)
Are you invested in both these funds?
Yes! I dumped RHB-OSK GEYF in favour of this 2.Fundsupermart.com v9, QE feeds the bull. Ride along...
|
|
 Mar 3 2015, 05:14 PM
|
 
Senior Member
16,872 posts Joined: Jun 2011  
|
|
Quote|
|
|
|
|
Mar 3 2015, 05:22 PM
|
Senior Member
4,440 posts Joined: Jan 2010 From: Kuala Lumpur
|
Is it true that since CIMB Global Titans makes investments in foreign currencies (USD) that makes a better buffer against the volatile Ringgit currently?
|
|
|
Mar 3 2015, 05:34 PM
|
Senior Member
4,816 posts Joined: Apr 2007 
|
Anyone holding AMB Income Trust Fund and noticed the sudden drop today
  AH nevermind, now I understand. This is distribution in the work Practical experience is really better at teaching than theories  This post has been edited by polarzbearz: Mar 3 2015, 06:01 PM |
|
|
Mar 3 2015, 06:06 PM
|
Senior Member
8,188 posts Joined: Apr 2013
|
QUOTE(polarzbearz @ Mar 3 2015, 05:34 PM) Anyone holding AMB Income Trust Fund and noticed the sudden drop today Yes distribution at work AH nevermind, now I understand. This is distribution in the work Practical experience is really better at teaching than theories Attached thumbnail(s) 
|
|
|
Mar 3 2015, 06:06 PM
|
|
Senior Member
4,816 posts Joined: Apr 2007
|
» Click to show Spoiler - click again to hide... « Looks like I will need to update my spreadsheet to accommodate GST component imposed on the fees soon   |
|
|
Mar 3 2015, 06:11 PM
|
Senior Member
2,032 posts Joined: Jan 2014 From: Sabah, Malaysia
|
QUOTE(polarzbearz @ Mar 3 2015, 06:06 PM) » Click to show Spoiler - click again to hide... « Looks like I will need to update my spreadsheet to accommodate GST component imposed on the fees soon |
|
|
|
|
|
Mar 3 2015, 06:14 PM
|
|
Senior Member
8,188 posts Joined: Apr 2013
|
QUOTE(cybermaster98 @ Mar 3 2015, 05:22 PM) Is it true that since CIMB Global Titans makes investments in foreign currencies (USD) that makes a better buffer against the volatile Ringgit currently? saw this in the GTF factsheet"The dollar strengthened during the quarter, reducing returns for USD-based investor," .....what is your judgement call on this.... many of Asia x jpn funds had been performing great for the last few months.....partly due to weaker RM? |
|
|
Mar 3 2015, 06:16 PM
|
|
Senior Member
4,816 posts Joined: Apr 2007
|
QUOTE(woonsc @ Mar 3 2015, 06:11 PM) only SC is subjected to GST right? Based on my understanding of GST, yes. But just in case, I've dropped an email to FSM to confirm my calculations. QUOTE Dear FSM, Please let me know if my understanding is correct. Example: I'm investing RM 1000 in fund A with 0.5% Sales Charge. Sales charge = rm4.98 Add GST @ 6% = RM0.30 NETT sales charged = rm5.28 Basically the 6% is charged on any FEES imposed on the financial transactions, not the total amount of investment transaction itself. Is the above understanding correct? Thanks. Regards, |
|
|
Mar 3 2015, 06:16 PM
|
|
Senior Member
1,498 posts Joined: Nov 2012
|
QUOTE(Pink Spider @ Mar 3 2015, 05:09 PM) Pacific Global Stars are underperforming its peers. From my observation, this fund tends to do well in a down market, but lags in a bull run like the one we're in right now. Erm, for the past 6 months, Aberdeen results significantly behind GTF and GEYF cybermaster98 RHB-OSK GEYF performance kinda dropped after RHB took over. I'd pick combo of CIMB Global Titans and Aberdeen Islamic World instead. I'm now rethinking the whole 'buy and leave it there' approach adopted by the fund manager. Would it really work out to be better in the long run? |
|
|
Mar 3 2015, 06:18 PM
|
|
Senior Member
8,188 posts Joined: Apr 2013
|
QUOTE(woonsc @ Mar 3 2015, 06:11 PM) only SC is subjected to GST right? from Cimb...Is Unit Trust subject to GST? Buying/selling of investment units in a unit trust is exempted from GST. However, sales charge, exit fee, switching fee and other fees/charges are subject to GST of 6%. What type of fee in unit trusts is subject to GST? GST applies to the following fee: • Application fee • Management fee (charged at fund level) • Switching fee • Transfer fee and • Exit fee (if the fee is for a service) • Any other fee that may be applicable in the future http://www.cimb-principal.com.my/Investor_...ionArticle.aspx |
|
|
Mar 3 2015, 06:20 PM
|
|
Senior Member
8,188 posts Joined: Apr 2013
|
QUOTE(polarzbearz @ Mar 3 2015, 06:16 PM) Based on my understanding of GST, yes. there is an example at Q5 But just in case, I've dropped an email to FSM to confirm my calculations. http://www.cimb-principal.com.my/Investor_...ionArticle.aspx |
|
|
Mar 3 2015, 06:23 PM
|
|
Senior Member
4,816 posts Joined: Apr 2007
|
QUOTE(yklooi @ Mar 3 2015, 06:20 PM) Yup, pretty much confirms my understanding Gonna work and update the sheet soon Some more have to account to different possible scenarios, fund bought PRE-GST and post GST, and in case of future gst percentages hike.  |
|
|
Mar 3 2015, 06:26 PM
|
|
Senior Member
8,188 posts Joined: Apr 2013
|
QUOTE(polarzbearz @ Mar 3 2015, 06:23 PM) ....... and in case of future gst percentages hike. additional column (cell) in which the user key in the GST value manually....everytime there is a transaction. |
|
|
|
|
|
Mar 3 2015, 06:29 PM
|
|
Senior Member
4,816 posts Joined: Apr 2007
|
QUOTE(yklooi @ Mar 3 2015, 06:26 PM) additional column (cell) in which the user key in the GST value manually....everytime there is a transaction. Yep, think that'll be best case, as other possible methods are too complicated (Ie a sheet for user to maintain gst percentage based on validity period) |
|
|
Mar 3 2015, 06:30 PM
|
|
Senior Member
1,498 posts Joined: Nov 2012
|
QUOTE(polarzbearz @ Mar 3 2015, 06:23 PM) Yup, pretty much confirms my understanding Does that mean you will load up on equity funds before 31 March?Gonna work and update the sheet soon Some more have to account to different possible scenarios, fund bought PRE-GST and post GST, and in case of future gst percentages hike. But for me no point since the main bulk of the GST will be charged on management fees of the fund and the fund expenses |
|
|
Mar 3 2015, 06:35 PM
|
|
Senior Member
4,816 posts Joined: Apr 2007
|
QUOTE(dasecret @ Mar 3 2015, 06:30 PM) Does that mean you will load up on equity funds before 31 March? Nope, as there's no point like you've explained. But for me no point since the main bulk of the GST will be charged on management fees of the fund and the fund expenses The 6% charged is on the fees imposed. We can't really run from this anyway, might as well as accept it. |
|
|
Mar 3 2015, 06:38 PM
|
|
Senior Member
3,541 posts Joined: Mar 2015
|
Hi everyone, I am new to FSM but I have invested in unit trusts before.
I have the RHB-OSK Global Capital Fund as part of my portfolio but they are terminating the fund by end of March 2015. From the sifus here, is there any other RHB fund that is good for switching into? I am already heavily invested in RHB-OSK India Dynamic Growth Fund and RHB-OSK Asia Financials Fund. I am thinking of switching into the RHB-OSK Global Multi Manager Fund since this is the only fund of funds in FSM (if I am not mistaken) and also the RHB-OSK Asian Total Return Fund. Bearing in mind that there is a RM25 switching fee imposed by RHB for each switch. P/S: On an unrelated topic, I am sure you have all received the e-mail from FSM about the GST. My understanding is that we have pay an extra 6% GST on top of all the sales charges, etc that we are paying. |
|
|
Mar 3 2015, 06:47 PM
|
|
Senior Member
16,872 posts Joined: Jun 2011
|
QUOTE(polarzbearz @ Mar 3 2015, 06:06 PM) » Click to show Spoiler - click again to hide... « Looks like I will need to update my spreadsheet to accommodate GST component imposed on the fees soon |
|
|
Mar 3 2015, 06:48 PM
|
|
Senior Member
16,872 posts Joined: Jun 2011
|
QUOTE(Vanguard 2015 @ Mar 3 2015, 06:38 PM) Hi everyone, I am new to FSM but I have invested in unit trusts before. If your investment amount is not significant, u might wanna consider selling and buying instead of incurring the RM25 switching feeI have the RHB-OSK Global Capital Fund as part of my portfolio but they are terminating the fund by end of March 2015. From the sifus here, is there any other RHB fund that is good for switching into? I am already heavily invested in RHB-OSK India Dynamic Growth Fund and RHB-OSK Asia Financials Fund. I am thinking of switching into the RHB-OSK Global Multi Manager Fund since this is the only fund of funds in FSM (if I am not mistaken) and also the RHB-OSK Asian Total Return Fund. Bearing in mind that there is a RM25 switching fee imposed by RHB for each switch. P/S: On an unrelated topic, I am sure you have all received the e-mail from FSM about the GST. My understanding is that we have pay an extra 6% GST on top of all the sales charges, etc that we are paying. |
|
|
Mar 3 2015, 06:58 PM
|
|
Senior Member
8,188 posts Joined: Apr 2013
|
QUOTE(Vanguard 2015 @ Mar 3 2015, 06:38 PM) .... I am thinking of switching into the RHB-OSK Global Multi Manager Fund since this is the only fund of funds in FSM (if I am not mistaken) and also the RHB-OSK Asian Total Return Fund. Bearing in mind that there is a RM25 switching fee imposed by RHB for each switch. ONLY funds?.....if you liked other RHB OSK funds in FSM...try this (follow steps, 1,2,3,4)you will see a long lists of funds under RHB OSK This post has been edited by yklooi: Mar 3 2015, 06:58 PM Attached thumbnail(s) 
|
|
Topic ClosedOptions
|
| Change to: |  0.0293sec
 0.57
 6 queries
 GZIP Disabled
Time is now: 15th December 2025 - 07:36 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.