It works the same way as buying cash management fund in Malaysia

I usually buy Nikko AM Shenton Asia Bond S$(Cl A)(SGD) instead of cash fund as it yields 2.8% interest instead of 0.4% on cash fund, but prices do fluctuates for this short term bond

Yup. If you have a saving account in SG the experience would be very similar to FSM MY. It's only different if you TT money straight into FSM SG. Not sure how do you get back your money when you sell holdings

Let me try to help with that,...

When you sell yr holdings, the proceeds will drop into :-

1) your FSM Sgp Cash Account, into the appropriate currency wallet, OR;

2) your designated bank account in Singapore.

If your proceeds are in different currencies from the SGD, then the treatment will be different. Please ask again here if so. Don't wish to congest this thread,..

If you do not have a Sgp bank account, you can issue instructions to FSM to TT the funds to your designated bank account anywhere in the world, but this will incur charges,... it's better to have a simple savings account in Sgp if you wished to invest into FSM Sgp. The moment the funds drop into a savigs acct in Sgp, there are many ways to access those funds in a cheaper and quicker way, from anywhere in the world,...

Edited by adding the word : OR, above,...

AIYH,

Correct. In addition, you can also TT into the cash mgmt acct INSIDE FSM SG directly if you wished to,...

To your second qustion,...  I think you better check if can use all banks,... when I first opened my accounts in Sgp and started to plough my funds there 10 to 15 years ago, I recalled designated bank accounts are one from UOB, OCBC and DBS, ie their accts.. Now I remembered,... that's why I had to open a Maybank Sgp acct too to facilitate cheaper transfer of funds into SG. Then I would need to internet GIRO the funds over to DBS before placing the Buy Order.

Yes, that was it,... BACK THEN. I'm not sure anymore today,.. if FSM can pull directly from, say Maybank Sgp. Please call and ask them.

Yes to dasecret's statement,... but be very careful if you are going to receive divvies in other currencies besides the SGD. We can talk about that later here.

Philips Singapore is so troublesome. Documents must be verified by commisioner of oath. They don't accept email application. Either sent by mail or walk in.

Exception is if walk in to their branch and apply.

Well good thing is they accept maybank Singapore AIYH

I've not tried it but you should be able to just transfer the amount from your bank account into theirs. Please try and feedback on this thread

https://secure.fundsupermart.com/main/faq/faq.svdo?id=2409
FAQ 15
For Cash investments, you can do wire/Telegraphic Transfer as well. The bank account details for telegraphic transfer can be obtained after you have placed a buy order online.

AIYH where did you find the option to filter risk return ratio?

AIYH, what's your option between

CIMB-Principal Asia Pacific Dynamic Income Fund Class SGD
First State Dividend Advantage
First State Asia Opportunities Class A ACC



I can't find 5 years info for Ponzi 2 - SGD so I use Ponzi 2 -MYR.

Orange = First State Global Umbrella PLC - Asian Equity Plus Fund = First State Dividend Advantage
Red = First State Global Umbrella PLC - First State Asia Opportunities Fund = First State Asia Opportunities Fund
Blue = CIMB-Principal Asia Pacific Dynamic Income Fund Class MYR

What am I looking for?
Ponzi 2

First State Dividend Advantage

Reply from Phillip

Where does the 1 came from?
(1+ponzi 2 performance) * (1-myrusd performance)

Every quarter = 4x/year = 0.4% pa.

Agreed.
I was really curious why some long-term investors chose FSM at the other thread… now I understood they were all investing in FSM Malaysia – which was way cheaper than its Singapore counterpart.

And for now POEMS looks more promising for its lower charge too…

Either way I do not have enough money to invest into FSM Singapore, just asking around for more knowledge. Maybe those who invested in FSM Singapore only do it for short terms (~3 years)…

Sorry what's meant by that ? Can fsm my fund be transferred to poems Sg ?

Okay. Selling is a tough decision. Must only do it when market is quiet.

So for this one, which one is better? Higher or lower is better?

Higher. So moral of the story buy Ponzi 2 SGD class ?

But if you look 1 year performance First State Dividend vs Ponzi 2 SGD class, First state dividend still win over Ponzi 2 SGD class

AIYH who to trust? FSM/bloomberg?

dasecret, AIYH any bond fund like our Ester bond counterpart in SG?

I only found one. ~5%pa returns with volatility of 2.xx.

Thanks.

Actually, I was considering this
Fullerton Asian Bond Fd Cl B SGD To psy my DBS MCA rather than let it sit inside not earning any interest.

United give 2.203442879499218 vs
Fullerton give 2.09727626459144

So higher no is better? What is this formula/ratio call?

United give 2.203442879499218 vs
Fullerton give 2.09727626459144

So higher no is better? What is this formula/ratio call?

I have no idea as it's too close to call. On one side we have Cimb which actually visit the companies to get first hand look and feel. I am not sure if First state does that or not.

If we look at fund size, First state is the winner. If we don't look at currency, both Cimb (MY class) and First state is almost the same at over 1b+. I would like to see their 3 years volatility when it's release (Cimb).

Who knows good old Ponzi 2 can deliver in SG. 

I know. This bond fund is used to pay DBS MCA so it must give me >SGD60/year. Anything more than that is good enough for me.