Then we use SGD to convert and transfer using Transferwise. (Note to self: open account with them).
With SGD, there's a chance that we can gain against AUD/USD/whatever currency you will need.

I cannot say the same for RM  

Serious boh? Zero sales charge and zero platform fee? Can it also include wrap account; meaning: Unlimited switches such as ten switches everyday will not kena charge a single cents wan....

Xuzen

Yup. If you choose FSM SG, you get 0% service charge + 0% switching fees + 0.4% platform fees. I think is cheaper than your wrap account?

If choose phillip 0% service charge + 0% switching fees + 0% platform fees. Ho boh?

Good day to you good sister,

I will attempt to answer you question objectively. I shall use two examples. And for argument's sake I shall take TA GTF and RHB AIF. From friend Ramjade's words, TA GTF is the daughter of Henderson Global Tech fund denominated in SGD; whereas RHB AIF is the daughter fund of Schroder Asia Income fund. Both the mother funds are denominated in SGD.

A) Lets take case for RHB AIF.



Lets say you participated SGD 1,000.00 into SAIF 3 years ago, today value shall be SGD 1,157.63, convert it to MYR as of today rate = SGD 1,157.63 x 3.16704 = MYR 3,666.24

Lets say you participate MYR 2,595.23 (eqv to SGD 1,000) into RHB AIF 3 years ago, today value shall be MYR 3,710.95

RHB AIF wins mother fund.

=============================================

B) Lets take the case for TA GTF


Lets say you participated SGD 1,000.00 into HGTF 3 years ago, today value shall be SGD 1,453.65, convert it to MYR as of today rate = SGD 1,453.65 x 3.16704 = MYR 4,603.77

Lets say you participate MYR 2,595.23 (eqv to SGD 1,000.00) into TA GTF 3 years ago, today value shall be MYR 4,349.16

TA GTF loses to mother fund.

=============================================

What is the takeaway message here?

Forex is too unpredictable. Some daughter fund wins mother fund; other loses to mother fund.

The final say is that there is no room for generalization.

My personal take is, investing is already a risky business, hence do not take in more unnecessary risky. For example, if you are not a resident of S'pore, it makes no sense to buy an asset that is denominated in SGD because you are introducing another element of risk aka unpredictability into the equation.

Xuzen

p/s Data are obtained form Xe.com website for forex data, FSM MY for both RHB AIF & TA GTF, FSM SG for SAIF and HGTF.

Friend Hansel,

I read your bolded statement many times, but I still could not understand the meaning you are trying to conbvey. Can you please word it in kindergarden level English or not? Thanks.

Xuzen

I think he means the daughter fund have to outperform the mother fund by big margin then it will win in the long term.
However if the daughter outperform the mother fund by a small margin, the mother fund can still win provided the exchange rate is strong.

Also. I think indirectly it means we just need to find something which does not perform as good as malaysian counterpart and still can win which makes out life a lot easier as we don't need to select the highest return. We can be laid back and let the depreciation of ringgit do the work.
Eg.
In malaysia we need something like 10%
In singapore 7% returns should be sufficient to beat the malaysian fund with 10% returns. Of course if we can find something with 10% return in Singapore, its a different story.

Let's wait and see Hansel agree with my statement or not.

if u willing to go all the hassle to invest in SG, why not go to US brokerage ETF?

Agreed with these statements after reading that majority of rich indons (80%+) keep their money in SG  
Big problem for Indon govt to get the money back. Also, where do you see priority banking in indon language? This shows how much indon makes up the pie of the SG banks.

USD is more better than SGD

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.

FSM tools very useful..

i use PIMCO to balance off my other volatile stocks.
but i might add a HIGH YIELD Bond too later. see 1 yr later.. whats performance.

Schroder asian growth - yes
United japan small - yes still choosing between 2.

i am going for  EURO SMALL CAP. weekend homework to shortlist. between 3 funds.

my India i hv with FSM M'sia . not adding this unless i liquidate from FSM M'sia.

HY bond funds haven't been doing well. Just look at one year result. 4%+ at 6-7 volatility. Risk reward ratio is not there.

At 6-7 volatility, I can use a balanced fund to achieve higher returns.

For  Fidelity Euro HY Bond FUnd AMDIST, again risk reward ratio is not there. At 7.31 and returns of only 12.57 %, Compare that to PineBridge Acorns of Asia Balanced Fund.

For Fidelity Asian HY AMDIST SGD Hedged, still cannot beat P fund. 

Of course this is one year but I believed this one year results speaks louder than 3 years as during the past 1 year, Feds have start tightening faster vs 3 years before.

I told you dividends/distribution doesn't matter. Whether the fund got payout or not payout, not important to me.  In case you have doubts,
If you keep harping about dividends/distribution of unit trust, some day you will get conned (like most folks in Malaysia gets conned by PM returns even though the real return is nothing to shout about). Basically they give you RM1 worth of units, and the price also drop by RM1.

I think you need another lesson from dasecret regarding distribution/dividends?

Don't want la, last time I tried explaining then he say I'm rude to him

Asian HY is not the way to go anymore la.... kan FSM already said that like last year. Sometimes we have to follow trend also la

but this one still need go to maybank at SG to complete the application

Siapa cakap? You only need to go down if you want to use the ATM card. If you don't need to use, there's no need to go down. Everything can be done online.

Activation of account (online using what they post to you)
Activation of security token (online using what they post you)

After you do this 2, all transactionsis now fully online.
Have you read xuzen reply to you?