1. Did you give Phillip your Maybank no?
2. Use EPS to pay.

tifosi, best contact Phillip because I remember methos of payment, maybank eps is on their list

No need. Both different companies. They are basically competitors.

Differences between them:
FSM charges you platform fees while Phillip doesn't charge you platform fees.

Just prepare all necessary documents (you can refer to my previous post). Fill up the forms, drop by any of their investor place. Their HQ is very easy to locate. City hall MRT station. Raffles city tower.

Yeah almost same. The popular ones which are available on FSM also got on Phillip . However funds like Ponzi 2, maybank asian bond fund (quite a good bond fund), certain SGD class fund Phillip doesn't sell (eg. schroder asian something the SGD version is not available on Phillip but available on FSM. But both have the USD version).

These are some examples. You may request for them to carry the fund you want. But whether they listen to you is another question. About a month back, told them to carry this schroder fund, until today, habuk pun tak ada. Told them FSM SG and Dollardex both have the SGD version. How come Phillip tak ada. Said we will look into it.

This post has been edited by Ramjade: Aug 7 2017, 10:52 PM

Cromwell IPO. I think will buy after IPO as IPO usually more expensive.
Scan in Opera? What is that?
Ya lo.

Got. Didn't look properly
Name: UOB United Asian High Yield Bond Fd SGD/USD Acc/Dis
Search using this (fund finder)
https://www.poems.com.sg/unittrust/

This post has been edited by Ramjade: Aug 8 2017, 02:49 PM

Go explore both platform and see if you got some more fund you cannot find. Help you to find

Kasi you tip
- You can buy from FSM and transfer over to DBS if DBS have that fund. Pay little bit of platform fees (count it as donation to FSM). Lesser than full platform fees (because you are holding few days vs one full quarters).
- Their transfer is unlike our transfer where you have to sell first.

IMO, Phillip is rather complete although they don't have stuff like Pinebridge Asia ex Japan Small Cap, Parvest Japan Small Cap

This post has been edited by Ramjade: Aug 8 2017, 11:38 PM

Semua boleh.
But the link I gave you is for unit trust only. So I am sure they will open a UT account only for only. Not sure if you can use it to buy shares. However, I have play around with it and found out you still have acess to stock screener and can "pin it" next ro UT tools.
On my application form, they will write there UTKC. If you want to open all for one account, best to ask them what other forms are needed.

They have free mobile stock alert price if a certain price is met, they will give you alert. Haven't test this yet but it's very useful if really give you alert. Will test one day when get a new phone.

However, would not really recommend POEMS as stock broker for reasons below:
1) Price of buy and sell is SGD25. No discount. In this area, DBS V wins as both also CDP but DBS V only SGD5 (current promo). Even without promo. DBS V win again as price is only SGD18.
2) Cash upfront SGD10 but got maintenance and dividend fees (not sure for local stocks or foreign stocks only) unlike maybank KE,standard chartered, FSM SG (FSM SG mentioned dividend fees is waived but don't know until when).

So for me, POEMS function as (what I am going to use it for):
1) unit trust provider
2) free stock alert

This post has been edited by Ramjade: Aug 16 2017, 08:35 AM

Could be faster. Check your email. They say something about all being paperless now the last time I went there with my family (2nd trip). Not sure if really implemented or half implemented only.

Nah. CDP will never get below $25. Best way to sell is use DBS V. Get $5 rebate making it effective $20. Best account to have with CDP is Maybank KE as you can apply for MCEP and let you have a USD account for USD1 only.

No forum I know of talk about SG unit trust. I could be wrong. All SGrean talk about STI, ETF and no one talks about UT. Actually I have already have my own UT watchlist. You share yours then I share mine. Then we can compare.

This post has been edited by Ramjade: Aug 20 2017, 01:28 PM

Use FSM SG Fund Selector to filter out the funds. Then check and see if available on Phillip.
Here you go:
https://www.eunittrust.com.sg/FundFinder.aspx
Asset class: Equities
Geographical: Europe
Sector/Strategy: Small to medium companies
Click filter.

All the fund will be there (which fit the criteria). How to choose the best EU fund?
1) Use FSM SG Chart Centre
2) Use Morningstar SG. (Choose that one with 4-5 stars)

This post has been edited by Ramjade: Aug 20 2017, 05:16 PM

FSM SG
- no need SG bank account to open
- application can be done online
- the widest selection of funds
- if you are feeling rich/generous and don't mind "donating free money" to them (quarterly 0.1% platform fees),

Phillip SG
- possible need SG bank account(best to check with their customer service)
- 0% service charge, 0% platform fees
- application can only be done via post/in person

Dollardex
- 0% service charge, 0% platform fees
- no need SG bank account for application
- need SG address for application
- application can be done online

For me, the only option is between Phillip/FSM. I don't feel particularly generous/rich enough to give free money to FSM so I choose Phillip.

This post has been edited by Ramjade: Aug 23 2017, 07:14 PM

Take your time to read though this blog http://www.turtleinvestor.net/. He's a pro on ETF investing. And there are more ways to buy a Vanguard fund rather than opening a Vanguard account (which I do not recommend opening account with them. But I am a noob, so don't listen to me )

There's a few reason I tell you don't go open Vanguard account
1) Vanguard is famous for their ETF not their mutual funds and mutual funds.
2) Why restrict yourself to Vanguard when there are other ETFs like iShare, etc


Could be because of the fees you need to pay for ETF to be run? Best you drop him an email regarding your questions. I don't think I am qualified to answer your question as I have never really research on ETF. He on the other hand is an ETF investor and he have done his homework.

You forgot, with holding fees + expensive brokerage + dividend fees + maintenance fee
We asian investors suffer because of those extra fees.

Ya I know. Sometimes up to few million
But for asia region, unit trust is still the way to go as mat salleh ETF which track the benchmark still get left behind in the dust by fund managers. Not once but few years already.

elea88, I tried buying from POEMS today. See boleh jalan or not. One of the fund I want to buy tutup already

Want to park my money in bond funds. Nothing to buy at least let the money work a little bit.

This post has been edited by Ramjade: Sep 5 2017, 10:12 AM

UOB UNITED ASIA HBF > Fullerton Asian bond fund (I am going for this as bond fund is not suppose to be volatile)
first state infrastructure (also in my watch list)
Blackrock global Multi asset (why pick this?)
first state regional china fund (ok)
lion global Korea fund (why? > better pick united japan smaller)
fidelity euro > pick a Eu small cap

These are what I have searched.

Best to pick a country where the fund can perform. Japan >Korea. Hence putting same amount will nett you higher returns from Japan. But it's up to you. I chase returns.

Don't listen to RM. Do your own research. With volatility of 4+ and return of 4%+, better I pick Fullerton Asia bond fund volatility 2.25 with return of 4-5%. Another alternative is that United Asian HY bond fund (but it's not performing well these few months).

Just my opinion.

Hehe... Now you are doing your homework Now you know why I said I want quit investing via SGX and go the UT way? I can't get that same return on my own.

Good fund for Greater china (30%+) and asia pacific. This will be my default go to fund for china + asia pacific. The better option would be Schroder Asian Total Return fund (lower volatility but almost same returns) but only available in USD unless you buy from FSM then can pay in SGD but kena platform fees If somehow Phillip introduce the other fund, I sure go for that.

Email them and ask them to include that fund since Dollardex and FSM both have it. More people message them higher chance they will bring the fund in.

So those who say earning 20% in Malaysia is the same as earning 20% in SGD better open thier eyes big big
That's why I said lots of better choices available in SG vs FSM MY.



This post has been edited by Ramjade: Sep 7 2017, 08:50 PM

Good. Money match rate also not bad eh. No need to travel down to SG anymore. Transfer into CIMB SG to avoid paying SGD10 fees.

This post has been edited by Ramjade: Sep 7 2017, 08:52 PM

No good phone for KYC. Wait I get a good phone first. Phone camera is VGA only.

This post has been edited by Ramjade: Sep 7 2017, 10:33 PM

I think first time login via app. 2nd time onwards can be from desktop. You need to login via phone for first time to verify your identity. KYC is know your customer (a requirement by central banks everywhere to prevent money laundering).

I am actually impressed with them that they reply emails quickly. Something not really seen in Malaysia.