Fundsupermart.com v12, Najibnomics to lift KLCI?
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 Oct 26 2015, 02:22 PM
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#1
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Junior Member
105 posts Joined: Nov 2014 
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Hi I am a newbie here. In the midst of registering fundsupermart account then come across iFast from friend's friend but I don't get to know the benefits though she explained. Can someone enlighten me please?
I thought I only need fundsupermart, do I need iFast and why? Many thanks all sifus! |
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Oct 26 2015, 04:15 PM
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#2
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Junior Member
105 posts Joined: Nov 2014
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QUOTE(xuzen @ Oct 26 2015, 02:51 PM) Asked and thy shall be enlightened! IFast = FSM = same company, diff division. With IFAST you need to go through With FSM, nobody gives a SH1T abt you! Everything you kow-tim yourself from filing up the forms to submitting it. Xuzen  QUOTE(xuzen @ Oct 26 2015, 03:13 PM) For the "hold your hand softly and gently, mollycuddly with you to walk together-gether along the investment minefield" package it is 3% upfront + 1.5 % annual advisory fee. Thereafter any switching will be free of charge. Thanks, this gives clearer picture now.For the "Nobody gives a SH1T" package: 2% up front and 1% or RM 25.00 per switching whichever is larger. Sometimes, FSM when biz is down, may give you for a limited time 0% sales charge. p/s for the "hold your hand softly and gently, mollycuddly with you to walk together-gether along the investment minefield" package, the 3%and 1.5% can be negotiated if you show how BIG your cheque amount. » Click to show Spoiler - click again to hide... « Xuzen So can I conclude that iFast is for big player or someone do a lot of switching while FSM is for small player or someone rarely switch? I think it's good enough for me to start with FSM first. Appreciate your kind explanation very much. |
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Nov 18 2015, 10:02 AM
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#3
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Junior Member
105 posts Joined: Nov 2014
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I read somewhere that if we want to enjoy the new member benefits of 1% SC but haven't decided on what fund to invest into we can put our money into money market first then slowly transfer to equity fund later on. Just want to know what is this money market? Is it RHB Money Market Fund? Any other money market fund except this?
Is RHB Cash Management Fund 2 another money market fund? If not what is this? Sorry for the newbie questions. |
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Nov 18 2015, 12:06 PM
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#4
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Junior Member
105 posts Joined: Nov 2014
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QUOTE(David83 @ Nov 18 2015, 10:11 AM) MMF is also known as cash market fund. Noted with thanks!FSM only recognizes one cash fund for parking purpose which is RHB Cash Management Fund 2. Of course there're other MMF or CF by other fund houses. QUOTE(T231H @ Nov 18 2015, 10:56 AM) "I read somewhere that if we want to enjoy the new member benefits of 1% SC" Thanks for link. I actually read it from this thread sometimes back. here is the link.... http://www.fundsupermart.com.my/main/faq/0...t-Benefits-5904 "put our money into money market first then slowly transfer to equity fund later on" just a note...there is an expiry time frame... Expiry time frame? How do I determine the time framework? To put money into CFM has zero SC but when transfer money from CFM to Equity Fund will incur normal 2% SC right? How do I enjoy the 1% SC here? This is where the expiry time frame comes in place? |
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Nov 18 2015, 01:13 PM
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#5
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Junior Member
105 posts Joined: Nov 2014
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QUOTE(T231H @ Nov 18 2015, 12:36 PM) on that link...there are FAQs about a/c benefits... Yes I aware of this expiration. But if this also apply to when I transfer from CMF to equity fund why do I need to transfer to CMF at the first place? I don't see the point here...I thought that I can transfer after the 1 month period but still enjoy 1% SC as long as I am using the CMF to buy.ex... Q: HOW DO I CHECK THE EXPIRY DATE OF MY ENTITLEMENTS? and others. |
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Nov 18 2015, 02:13 PM
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#6
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Junior Member
105 posts Joined: Nov 2014
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QUOTE(T231H @ Nov 18 2015, 02:01 PM) then your thought about that is wrong.... No I don't need it then. That's the reason I am asking about it here. Thanks for your clarification. btw,...yes,...why do you need to transfer into CMF in the first place? unless you want to consider the RSP which with CMF is easier? Checking for more insights from sifus here before hitting the buy button. |
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