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 CIMB-Principal Asia Pacific Dynamic Income Fund, is this good fund to invest?

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TSknight
post Apr 15 2015, 11:26 AM, updated 11y ago

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The banker introduce to me this fund saying and showing me the performance of the fund which is 8% per years average for some time now. She mentioned that this fund has risk but very good fund to invest. What do you think?

I have few thousand sleeping in FD, should I use that for this fund or just get a bond instead??


CIMB-Principal Asia Pacific Dynamic Income Fund

Investment Sifus, I'm very new in such stuff. Need your guidance.

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TSknight
post Apr 15 2015, 11:56 AM

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QUOTE(Pink Spider @ Apr 15 2015, 11:29 AM)
We at FSM thread call this fund...Ponzi 2.0 brows.gif

And 8% p.a. is its TARGET

Recent performance has been well in excess of 10% p.a. wink.gif

See here:
http://www.fundsupermart.com.my/main/fundi...umber=MYCIMB007

and here:
http://www.fundsupermart.com.my/main/admin...etMYCIMB007.pdf
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So 8% is target only? But she show me the performance really got 8% like that for 3 years. And why Ponzi yah? and also 2.0??? Like second fraud scheme??? huh??

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TSknight
post Apr 15 2015, 11:58 AM

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QUOTE(Kaka23 @ Apr 15 2015, 11:56 AM)
haha...

FSM cheaper ma. Also got good customer service. Also can do online. And most important I follow you ma!
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FSM Cheaper but open account abit fussy right? I saw my friend buy PRS like so many document need to send to FSM.

But bank will tell u before the market turn sour and u can sell before it drops right? That's what I know.
TSknight
post Apr 15 2015, 12:10 PM

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Management Fee Up to 1.80% p.a. of the NAV
Trustee Fee 0.08% p.a. of the NAV

Looks like I have to see this 1 also. Coz every year will lost this amount too.

Just realize 8% is bench mark and the performance is like 20% like that? Not bad.

Should I buy?
TSknight
post Apr 15 2015, 12:20 PM

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QUOTE(Kaka23 @ Apr 15 2015, 12:12 PM)
Bro.. only first time open account ma. After that do it online, very easy. If you want tips and market update go to FSM website and read, also come to LYN forum also can.

As for Bank.. when u buy and sell, everytime need to go bank. Think of getting out drive car, find packing, take number and queue also not worth it la. If you are not so flexible in work, lagi teruk.. only lunch time can go bank. Bank sales people wont update you anything la, unless u are investing big amount. But after update u few times by phone, they also lazy and forgot to do it already. Unless u think it is worth doing all that just to go see the pretty and sexy sales person, then different cerita. Bear in mind, the sales person also high turn over rate.
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If you want to buy new fund how yah? Have to transfer from your bank account to FSM then only can buy or what? I know I should not be asking this question. But just ask la. Haha. Hope can get some answer here.
TSknight
post Apr 15 2015, 12:38 PM

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QUOTE(David83 @ Apr 15 2015, 12:36 PM)
Can close this thread?
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Why? It's not FSM also. Its about this fund and I want to see what people think about this fund and advise also. Can I?? notworthy.gif
TSknight
post Apr 18 2015, 01:10 AM

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So, now they have good positive return for 3 years. What do you think in future? Will it be same growth?

I don't mind if the NAV does not grow in my case, I just thinking of dividend. Hmm. wonder should I go for it or not.
TSknight
post Apr 20 2015, 03:48 PM

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QUOTE(cybermaster98 @ Apr 20 2015, 02:00 PM)
Don't just park your money. Grow it. Property is just 1 avenue of investment. Property is going to remain sluggish for some time.

Go for UT. Take on more risks. Its ok to be a little aggressive. Ull find that returns from UT can be more than property itself.
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Which UT is good now? It's paid dividend per share right? So right now is the dividend good??

 

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