Sure about it? I always taught a more accurate definition of Far-East is based on GMT line.

Yup,
US is being 'invitied' into APEC.

This post has been edited by cherroy: Feb 23 2008, 11:05 AM

What are you talking about?
Equities type unit trust surely invest in equities, but you said "not investing in stock market"

Yup, management fee is deducted from the fund NAV daily.
So if a fund performance based on NAV stated 15%, then the 15% is already taking accont of management fee.
So net profit for investors = 15% - service charge(5-6.5%)

Please post some constructive comment which is based on the actual and real market situation. This is not the first time that your statement come with misleading fact.

This post has been edited by cherroy: Mar 14 2008, 10:36 AM

As long as posting some constructive information, then it is always welcomed.

You are free to post whatever you think and opinion, just whatever opinion need to be supported by facts and concrete information. Just like you said CIMB fund is poor then you need to bring out some statistical facts about it and make comparison with PM funds, then it is more convincing rather than say it is bad which readers will find no clue about you are saying.
You are UT agent, so too say others bad, while only yours one is good, it only makes bad impression to others. No offence.

For example
one forumer posted ABC fund is good. (The end)
Another one posted XYZ fund is good (The end)
Another posted RST fund is bad better buy ABC fund that is good. (The end)

With these kind of posts, it brings no purposes at all. All readers won't be benefitted nor getting useful information from it.

Also, past performance doesn't mean future performance will be the same. It depends on how market evolves in the future, different funds has different portfolio, sometimes, depends on situation, one might outperform the other in certain time period and vice versa.

In a down trend market, no one will gain through equities unit trust. PM has also got a fair share of poor performance UT recently, particularly related to China funds one. I don't deny PM or Pb series got some sterling performance funds over the long term, instead I highly regard the PM and Pb series fund, but not all are performing equally good one, there are some bad apples as well.

Just my 2 cents.

This post has been edited by cherroy: Mar 15 2008, 11:37 AM

It looks like similar to hedge fund in overseas, which is very very risk one. 10x much more risky than normal UT fund.

It makes sense also, better read careful about their term. They (the fund objective) are traders, strategy is not as same as normal conservative fund. <-- similar to hedge fund, they are more speculative in nature.

As the fund can be 100% invested, they might have no cash in hand for any redemption one. So the 10 days period of entry-exit is meant for investors in this fund to liquidate their position. I believe there is some restriction or penalty if redeem the fund not in the 10 days period, in between the year as it would mean disruption of the fund trading side, just my guess.

Better search through its details in officially brochure or prospectus. But may be it won't be dispateching to ordinary people as min criteria is to have at least 3 millions of asset. Even 1-2 millions also not qualified. <-- again similar to hedge fund.

This post has been edited by cherroy: Mar 23 2008, 10:40 AM

Invest in UT or "koperasi", it is basically all about trust, aka you trust them to handle your money.

There is some crisis of "koperasi" during 70's to 80's. Ask you parent or older ages people will know.

Haha, to prevent some confusion especially for newbie, balanced fund means that fund invests about half of the fund into equities, and about half invest in bond or fixed income instrument.

Actually, balanced fund has a contradiction point. Generally (not necessary), when equities perform well, bond will not. While when bonds have a good time, generally equities have some hard time.

It is mainly because when economy is expanding time whilst equities have good time, interest rate generally will go up which means bonds price will drop. On the other hand, when economy is going to recession time, central banks will cut interest rate which mean bond price will go up, and due to recession, equities will have some hard time.

This post has been edited by cherroy: Apr 7 2008, 04:11 PM

It is about risk and reward. When FD can give you higher interest than bond yield then automatically people will switch bond to FD. So when interest rate goes down, so as FD rate then higher bond yield become an attraction.

The only way to be safe is --> FD.

Even capital guaranteed also not that 'safe' as if market condition not favourable to the fund, the 3 years period, one actually earn no interest out of it. Mean that you lose 3.7% x 3 = 11.1%. So, it means if condition is not favourable, one actually lose out 11.1% opportunities cost. But you gain extra when market condition is good. So it is always a trade off between risk and reward.

All investment tools are carrying certain risk either more or less depends on the nature of the investment target.

Slightly more only if condition is favourable.

But condition is not favourable then get zero return.

A typical capital guaranteed fund.

Actually one can't expect too much from capital guaranteed fund as mostly 85-90% of the fund money is tied to capital guaranteed instrument, only less than 15-10% is exposed to the market risk, mostly they use the money to buy options.

Only 2 reasons, either you send the wrong message to your agent, or agent did it without your permission (in other word being conned or the agent trying to be clever).

If you stated you want to buy ABC fund then they cannot buy ABCD fund for you. As simple as that as it is your money, you decide whatever you want.

Theme and Growth is the name of the fund, which is separated and individual. You need to look at their propspectus to look for the differentiate. May be one is more aggressive, one is more conservative, I don't know about it since didn't do the research on it nor look at it before.

Usually for new fund, there is a cooling off period that you can withdraw if you change your mind ie. cancel your purchased.
I don't know much about the cooling off precedure, never done it before. So better ask your agent. I don't think he/she wants to help you on this either. As it will mean no sales for him/her.

This post has been edited by cherroy: Apr 30 2008, 02:18 PM

It is not 2 categories but rather a2 separated fund, name might be appeared quite near, but it is 2 individual separated fund.

Yup, only his/her agents can answer the question.

They cannot do it like that, it is violating the rules big times, agents cannot be try to clever. If the client wants ABC, UT company or agent cannot give ABC and ABCD.
Otherwise, next time, they can simply put your money elsewhere. It is serious stuff, don't take it lightly. It is scary to hear also. Your money being contolled by others without your knowledge and consent. Next time, then park it to where also don't know.

You can complain to BNM or FMUTM.

Hope your problem fixed and if can kind to share with us, why it is done in this way.

Cheers.

This post has been edited by cherroy: Apr 30 2008, 02:38 PM

Another few posts (over 2500) then we start V2.

Thanks.

Anyone start a V2 as posts exceeding 2500 already. Kindly please put the link on V1 in order to forumers to refer back if needed.

Thanks.