Here I come with more noob question:
RHB Cash Management Fund 2 - This was added to my portfolio for "free" even though I have no unit holdings.

Am I correct that cash management funds in FSM like above have absolutely ZERO entry and exit cost?

And they bear around 3.x % P.A of gain (better word for interest)?

When used to "purchase" other funds with sales charges, I will then lose the Sales Charge value (2% etc) ONLY?

Thanks.

Well well well, see who's the FSM Recommended Fund for December...

http://www.fundsupermart.com.my/main/resea...mber-2015--6561

They compare Aladdin to RHB GEY, Pacific Global Stars and Eastspring Global Leaders

It doesn't make sense to compare an Islamic fund against non-Islamic funds. The other 3 funds are non-Islamic.

Go neutral on equities vis-à-vis bonds
•For the first time in eight years, we are removing our overweight in equities relative to bonds. While we expect the global economic expansion to continue, the Western developed markets appear to have gotten ahead of economic reality, a factor in our decision to remove the overweight in equities as the low expected returns from developed market equities stem from a contraction of the valuation multiple that is expected to detract from healthy earnings growth and anticipated dividends. Given that a well-diversified global equity portfolio would still have substantial exposure to the developed markets that are valued at a premium, a neutral allocation to equities vis-à-vis bonds is advocated.

Key point:
http://www.fundsupermart.com.my/main/resea...16-Outlook-6560

Would love to see how crystal ballman xuzen interpret this report

What I would do...slow down on top ups, build up cash reserves. CMF2 yield is quite good now.

It doesn't make sense to compare an Islamic fund against non-Islamic funds. The other 3 funds are non-Islamic.

Key Investment Themes and 2016 Outlook...... November 30, 2015
We offer some investment ideas and our take on financial markets for the year ahead
Author : iFAST Research Team
http://www.fundsupermart.com.my/main/resea...16-Outlook-6560

too many words to read.....seems like buy everything.....

Dear Sifus,

I have a serious question to ask.

Assume we have 3 separate FSM accounts. One main account for ourselves, a second beneficiary account for our wife and a third beneficiary account for our infant child. Let's assume an investment horizon of 20 years.

Would it be foolhardy to buy the same funds for all 3 accounts? This means if the funds perform badly for a particular period, all the 3 separate accounts would be equally affected. Wouldn't this be a classic case of putting all your eggs in one basket?

May I know what is your view?

Dear Sifus,

I have a serious question to ask.

Assume we have 3 separate FSM accounts. One main account for ourselves, a second beneficiary account for our wife and a third beneficiary account for our infant child. Let's assume an investment horizon of 20 years.

Would it be foolhardy to buy the same funds for all 3 accounts? This means if the funds perform badly for a particular period, all the 3 separate accounts would be equally affected. Wouldn't this be a classic case of putting all your eggs in one basket?

May I know what is your view?

Key point:
http://www.fundsupermart.com.my/main/resea...16-Outlook-6560

Would love to see how crystal ballman xuzen interpret this report

What I would do...slow down on top ups, build up cash reserves. CMF2 yield is quite good now.

Dear Sifus,

I have a serious question to ask.

Assume we have 3 separate FSM accounts. One main account for ourselves, a second beneficiary account for our wife and a third beneficiary account for our infant child. Let's assume an investment horizon of 20 years.

Would it be foolhardy to buy the same funds for all 3 accounts? This means if the funds perform badly for a particular period, all the 3 separate accounts would be equally affected. Wouldn't this be a classic case of putting all your eggs in one basket?

May I know what is your view?

I would still buy the same fund because you have already chosen the best out of the 200++ funds available in FSM, why fix the wheel if it isn't broken?

However, I would tailor it to each individual by allocating the percentage according to the risk appetite / age / investment horizon. This is how I personalize their portfolio.

Xuzen