No need to pay SC. You are automatically using the credit points which you obtained in the first place when you switched from the Affin Hwang Equity Fund into the Affin Hwang Bond Fund.

You should just try it once...it is hard to resist...like vape?

BEFORE you press the button for the final transaction, it will show whether you are charged SC or not. If the screen shows that you are being charged SC, then just ABANDON the transaction lor.

But the whole INTER-SWITCH to INTRA FUND transaction using my method will take at least 10 days. Unless you are in rush. In this case, once you have performed the Affin Equity Fund to Affin Bond Fund switch, just use your CMF to buy the Kenanga Bond Fund for switching into Kenanga Equity Fund. Don't wait to switch the Affin Bond Fund into Kenanga Bond.

After that, in a few days time, just sell back your Affin Bond Fund into CMF.

P/S: If you are transacting RM10K and above, you can save at least a few hundred RM.

Apa excel sheet? No point talking to a layman like me about how your IRR or XIRR will be affected.

Salah, salah, salah. In real life, I am one of the most generous person you will ever know.

Sure can wan. If not successful, I CUT.

Spider, remember to thank me instead of slapping me once your transaction goes through.

It is an automatic process. Just remember to check your available credit points before doing the transaction.

Actually I shared this info a few times before. It's nothing new. Maybe the TS can post the info on the first page. Otherwise I need to create a template. Yes, the credit points are like token. As long as you have enough points, you can inter switch between different fund houses for free.

You are right in a way.

Please see my answer to Aoisky. For simplicity, just think of how many credit points you have. Recycle the points until eternity. Never redeem directly into CMF from equity funds. Always intra switch into a bond fund first. Then you will earn the credit points.

For those with titanium balls, you can always short circuit the system and earn huge credit points during the next FSM fair.

Only for the fool hardy with loads of cash to spare.

The key word....use spare cash.

Second key word....buy low risk balanced funds and not high risk equity funds.

Yes, the credit points will be there for eternity. If I could sell my spare credit points to the forumers here, I would.

BTW, your eg above is missing one crucial step. It should be from Kenanga EQ to Kenanga Bond again and then only to CMF. Otherwise you don't earn credit points.

It's ok bro. You are not the first forumer who told me this. Still not too late to know the info for future selling.

Jeez, I thought you said before unit trust is a long term investment? And that we should not over trade?

If anyone need a friendly loan for the FSM fair, let me know. I charge cheap cheap interest.



This post has been edited by Vanguard 2015: Dec 22 2015, 10:56 PM

I think of my Ninja method of recycling credit points as a poor man's version of a wrap account where you can do limitless switches between different fund houses for free.

This post has been edited by Vanguard 2015: Dec 22 2015, 10:58 PM

A small price to pay. I have saved thousands of ringgit in sales fees using this method. I am sure you do know that I have a tendency to overtrade my unit trusts.

Sorry to hear about that.

Strange. I asked the CIS via email before about this and he confirmed via email that my method is correct.

Hi, that's why I joined this forum. To learn from others and to share my limited knowledge on unit trusts.

Of course. Without a doubt I think I would have earned more with less switching. Classic mistake of impatience and rear view mirror investing by looking at past performance.

I bought AmPrecious Metals twice before as a gambling portfolio. Made some pocket money about RM1k the first round and lost some the 2nd round.

This post has been edited by Vanguard 2015: Dec 22 2015, 11:39 PM

Adoi. From a sexy, intelligent and sophisticated name of Vanguard, I have been downgraded to a penjaga van.