Enough. ASx fans can go back to ASx thread, don't main kacau here. "IF" you can argue CONSTRUCTIVELY and convincingly, come on. Else, the exit is there.

Good q....

Plan to put some money into KGF, Ponzi 1 and Titan to take advantage before this Friday...

I have similar plan with u but exclude Titan

But we should top up like 2 weeks ago.. now up alot

V dun have a crystal ball to predict the movement

think long term....

Still, not a big harm to top-up I did two weeks ago and going to feed a bit more on Monday.

Someone said buy when market on sales, not when FSM on sales.

Same mechanism with KWSP, KWAP, Tabung Haji.
Correct me if i am wrong, most blue chips stock also won't pay out all dividend, undistributed profit either reinvested or put as reserve.

it is nothing legally wrong ...just that morally "not that" open market like"....unlike real open mkt UTs
also can refer to page@ 29 post# 575 about fairness........

also blue chips stock can see the mkt prices...

This post has been edited by T231H: Sep 25 2016, 08:57 PM

My top up only small amount...

Added some titan fund

From your attached image, the balance funds shown "red colors" for short term 3-9 months period, although its long-term average return is 10% p.a. over 10 years. Despite the higher return for balance funds in LONG Run, perhaps below are the logics of why people still favors ASX are because:

1) No service charge compared to UT with 0,57% to 2% SC. ASX dividend also tax exempted.

2) Liquidity is assured. Some treat ASX as high dividend Saving account, you can withdraw immediately from few thousands of agents banks, compared to UT withdrawal of T+3 or T+5, some funds impose exit fees if resell within a year. So ASX is good for both short / long term investment.

3) when you apply loan, banks take 100% of ASx balance as personal net worth (compared to 50% to 70% for UT), banks also take in ASX's annual dividend 100%, and include it in individuals' annual income, as the 6.x% dividend is consistent.

Having said that there are some drawbacks of ASx, as what you mentioned, lack of transparency on reserve and no excitement/ boring.

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This post has been edited by xuzen: Sep 25 2016, 09:50 PM

Like this sure win liao lor!



But but but once sell.... want to enter again manyak susah wor. Have to drive to many bank branches to hunt for available units. Just like playing Pokemon Go. "Gotta catch em all!"

Xuzen


This post has been edited by xuzen: Sep 25 2016, 09:13 PM

but when u invest in a stock you are entitled to its MARKET VALUE which usually is higher than its NAV. With FP ASx u don't. That's different.

it's still back to the issues of transparency

Back in the year 2014 and before, the ASX funds report do mention about the reserve (or profit carried forward).
The chairman/ CEO always mention " we can distribute 9%, but then we will only distribute 6.x% this year, to weather the storm in the future....", Lately the CEO no longer make such announcement anymore. They rather silence about the profits carried forward.

And i am surprised that SC is ok about it. By right, all mutual funds should follow the same reporting format.

Actually, xuzen, I would like to correct you on this. People with priority banking, just drop book at counter whenever want to topup. Collect the book at the end of the day. Done. Targeted amount achieved. Once a month 5 figure also no problem. Let's not talk about priority banking (not everyone have one). Even some banks let you drop book at the counter IF you are a regular face and not a PB (personal exp - which I never use)

And as cheahcw2003 said, high liquidity. Want to withdraw 6/7 figure one shot > SA also no problem. On the spot. So is actually a perfect parking spot especially for PB customers + bumi as intended target to topup again is easily achievable. *see reasons on top*

But this is OT. (now waiting to kena report for stating the truth)

This post has been edited by Ramjade: Sep 25 2016, 09:56 PM

The funds switching, is only within the provider (e.g. kenanga-->kenanga), or can i switch to another provider (e.g. kenanga --> cimb)?