For low risk investment, you can consider bond fund and dividen fund. Anyway, mutual fund is not short term investment, at least you need to aside an amount for that for 3-5 years. If you plan to fund for holiday trip, maybe you should consider FD or stocks if you know about it. Anyway, you can also try to invest in bond fund, since bond funds' service charge normally is 0.25%. For other funds which have 5-7% service charge, you will definitely not getting much return in first year...

Properties fund and Reit has been performing very good for the last 3 years or so, gaining about roughly 25-30% per annum for the last 3 years. Now, it is not so good considered that interest rate is on the way up for European Union also housing stock or company may face difficulty ahead with previous housing bubble.

The fund started at Rm1.00 now drop to 0.93xx just about 2 months time, bad timing of the launching since it lanuched when properties stock and Reit is on the high side.
But long term, reit is a nice play if you look for yielding, can consider when Ringgit reach its peak since Ringgit appreciation will mean exchange loss for the fund also and vice versa.

Personally think that should avoid any equity fund in near term as stock is not cheap at current moment. Anyway just my personal view, not necessary correct, just like China stock market although is on bubble state, the bubble keep on inflating non-stop. You never know when the bubble stop inflating and burst. But for sure, it is bubbling.