Ouch... dunno what to read into the ASM line pulak

Affin Hwang select bond? At least it's partially hedged. Won't swing as much as RHB ATR. As for sales charge, boss has lots of credits anyway right?

xuzen spoke about performance based management fee in the PRS thread. Thought the discussion is more relevant here hence posted here instead.

Just realise actually that's what RHB Islamic Bond fund does; the management fee is charged based on Profit Sharing: 15:85 based on Net Investment Income. The MER works out to be 1.2% which is within bond fund range. Not bad huh

http://www.fundsupermart.com.my/main/admin...rtsMYRHBIBF.pdf

So far any equity fund does that?

to answer your question, I think it is not worth to jump in straight, however, if you are the type who would procrastinate and not take actions for months, then maybe different story

I have an alternative solution for you though. In the next few days, try to read up and decide on a few funds in different categories/geographical areas - sign up for the RSP within the 30 days new account bonus. The amount of RSP does not have to be big; that way you can get 1% sales charge for the next 6 month's RSP; and if you don't like what you signed up for, you can cancel them and just end up with 1 or 2 months RSP purchase. At least it's not the entire amount you planned to put in. But you still need to put in effort to read to decide on the few funds you want to sign up

RHB Asian Income Fund. RHB smart treasure would duplicate too much with his EI small cap and there won't be Asia Pac ex japan exposure

Not sure if this means much to you
FSM recommended portfolio switched from AmAsia Pac income to ponzi 2.0 last month http://www.fundsupermart.com.my/main/artic...FSM/A201605.pdf

AmAsia Pac income performance is even worse than ponzi 2.0

Maybe I'd share how I did it the second time when I set up a new portfolio after learning some what to do n what not to do from the first
1. Decide on asset allocation - how much equity n fixed income? Which geographical region? FSM recommended portfolio is a good place to start
2. Decide on which fund for each segment of asset allocation - makes life easier if it's just 1 fund for each segment, but if that segment makes up of more than 20% of the portfolio, maybe can have 2 funds?
3. Plan your lump sum or RSP amount to reach the desired allocation from step 1&2. I spread out most of the amount thru RSP, but you can keep a bit to put in when market is down or something. RSP in the first 6 months enjoys 1% sales charge so you don't have to lumpsum within first 30 days

Someone once told me - whatever you think you can lose, build a portfolio with half that exposure. After the last 5 months, I have to say, it's good advice

Can't, because equity fund and bond fund is considered different tier. When you switch from bond to equity, equity sales charge would apply and hence you have to pay rm25 switching + prevailing sales charge for equity fund.

But Titan and APDI is from 2 different geographical region, would you be overweight developed markets then? Besides, FSM just downgraded US and europe markets where Titan primarily invests in. Why not follow xuzen's crystal ball and put in RHB asian income fund, though it would overlap with RHB asian total return fund quite a bit

Alternatively, bring some back to Msia equities... today fell 22points

This post has been edited by dasecret: May 13 2016, 01:47 PM

Hmm, was I just been named a bimbo? I don't have blonde hair wor
Anyway, it can be very redundant to repeat what was said in the past and hence I've only wrote in very concise fashion - same geographical region; what are the pros and cons going for that original option and suggested option

Why is sales charge promo more important than where the market is?

Take Malaysia market for example
In the past 1 month it fell from 1,720 to 1,635 today. That's 4.9%. isn't that a much bigger discount than sales charge discount from 2% to 0.5% (lowest in FSM MY history)?

Why not buy now? If FSM offers 0.5% sales charge when the KLCI is back to 1,720. Worth it or not compared to now?

My 2 cents la

Maybe I should ask the question differently.... if
(i) klci 1,720 and have sales charge promo - would you buy?
(ii) klci 5% down within a month but no sales charge promo - would you buy?

Assume you only get (i) and (ii), don't have option (iii) which is best case scenario; gun point to head, which option would you go for? -4.9% or -1.5%? Both options also no guarantee if it will be +5% or -5% next month

U know, scenario (iii) is controlled by FSM. Why would they do that if rational investor would do (ii)

Only when the market is high and sales is slow, FSM will use their bullets la. They are after all a profit oriented organisation *I'd imagine the FSM rep would be nodding in agreement when reading this*

This guy is the most conservative UTC u can find in town I think
Everyone else advocate more EQ, so that higher fees ma

What makes up your FI holdings? I thought crystal ball always talk about EQ funds only? Now there's Asian income which is less than half FI

So quiet here these days.

Quite unfair lor, FSM offers live help over in http://cforum1.cari.com.my/forum.php?mod=v...age=27&mobile=2 but not here

Btw, have anyone notice they changed the website a bit? Unit trust is now a tab. Looks like they will be launching another product soon. Wonder what would it be. FSM Singapore has corporate bonds, SGS bonds and insurance on top of unit trust

Good stuffs!

Perhaps a wishlist for FSM undercover agent here would be -
Have the simulator function to auto insert our current porfolio as portfolio 1 and portfolio 2 is what we can play with so we can determine how we want to switch fund/change strategy

There's $$$ in switching charges for FSM

This post has been edited by dasecret: Jun 1 2016, 01:04 PM

See https://www.fundsupermart.com.my/main/faq/1...atform-Fee-8467
Under HOW DO I CALCULATE THE BOND FUND PLATFORM FEE THAT I NEED TO PAY?

"The bond fund platform fee is accrued daily and deducted based on the account holdings on a quarterly basis."

Mind to share what kind of timeline are you looking at? Cos when I took 1 year return it looks quite different



Anyway, i used to have opportunity fund and have switched to quantum for maybe 1 year +... also bought the Msia centric select opportunity fund and again switched to quantum. In the last 6 months quantum been defying Asia pac bear market gravity and been delivering positive returns. So kinda glad I've switched the other Hwang funds over

What is your overall FI:EQ allocation? And allocation by geographical segment?

what fund are you chanelling into from the switch out?