QUOTE(Ramjade @ Dec 7 2015, 11:10 AM)
As long as continue buy and sell at rm1/unit, no SC, dividend paid out at 6.X%, instant redemption, who cares the actual indicator.
Besides fixed priced funds are considered "national interest" (official reply from asnb)
If is not good, why do you think it's often sold out?
But anyway is OT.
The point I'm trying to make, which you keep missing, is relevant to this thread
Based on ASG Oct 2015 factsheet, the 1 year return is -5.58%; 3 years annualised return is 2.42%
Contrast this with what you can buy on FSM
Kenanga growth fund
1year - 7.81%
3 years annualised - 19.0%
Eastspring Small-cap
1year - 7.14%
3 years annualised - 33.7%
How does this contrast with the dividends paid out by the fixed price funds?
As1M - 6.4%
ASW - 6.4%
So... tell me again, what is making ASx more attractive than to invest on other equity funds? The only thing I can think of is, the 'perceived no loss' situation... which I don't want to go into yet another time
anyway, cut loss is what I would advise anyone in your situation to do instead of holding on for another 3 years to earn the measly 2.42% and lose out of the 33.7% you could have made
As to your question on why no good still sold out?
Simple - People's aversion to losses and not realise that although on the face it's not losing money, you are losing money is so many ways... Do we have to be those people?
This post has been edited by dasecret: Dec 7 2015, 11:40 AM