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

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...

Take a look at the image below. There are on it six UTFs (sorry not ten) that are Malaysia centric balanced fund with 10 years consistent CAGR of above 10% per annum. The UTF's corresponding volatility aka Std-Dev is on the far right column. The Std-Dev ranges from high 11.22% (RHB Income & Growth Focus UTF) to the lower Affin-Hwang Select Balanced Fund (4.68%).

If I were to participate in the listed UTF below, guess which one would I participate in? Why bother with the median? In reality are you going to participate in all the balanced fund and expect to get the median?

A savvy investor would want to ride on the winning horse, not on all the horses. Do not be overly obsessed with Pokémon Go and its tag line: "Gotta catch em all".

Riversand, There will not be any Std-Dev for ASX FP UTF or if there is, they are negligible compared to normal UTF as ASX FP UTF's NAV remained fixed.



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.

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

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.

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)

My CIMB Global Titans is performing poorly over the past 1 year, should I sell and change UT funds? Any suggestions of equity funds which are performing now? Thanks

My CIMB Global Titans is performing poorly over the past 1 year, should I sell and change UT funds? Any suggestions of equity funds which are performing now? Thanks

My personal experience in investing in unit trusts:-

1.  We invest in unit trusts using spare cash. We have back up emergency funds of at least 3-6 months. No bad debts e.g. credit card debts.

2.  Long term investment horizon of at least 2-3 years. This will even out the market fluctuation.

3.  We cannot time the market. Therefore we have to do DCA or VCA and do portfolio rebalancing from time to time.

If we cannot satisfy the above requirements, it is best to stay away from unit trust investments or any other investments for that matter. Unit trust investments is not a capital guaranteed get rich quick scheme. There are risks involved.

My CIMB Global Titans is performing poorly over the past 1 year, should I sell and change UT funds? Any suggestions of equity funds which are performing now? Thanks

My CIMB Global Titans is performing poorly over the past 1 year, should I sell and change UT funds? Any suggestions of equity funds which are performing now? Thanks

This is one of the recommended fund  wor. While you consider moving out, you see there are people going into it now.

Maybe can consider switching to cimb principle Asia Pacific dynamic income fund.

Is this an intra switch ?

I bailed it long ago. Always take a pinch of salt when FSM recommends a fund and check the prospectus of a fund where it is placing its investment in.

so you don't like where the fund is placing its investment in US, Europe and Japan?
Where / what regions are you liked now?

If only we can invest in military. Seems like that's the only thing that countries love doing with all the fear mongering of terrorist and communist going about.

Open a foreign trading account. Invest in Kalashnikov, Sukhoi, Lockheed Martin etc. Who say cannot? Go go go

My CIMB Global Titans is performing poorly over the past 1 year, should I sell and change UT funds? Any suggestions of equity funds which are performing now? Thanks

Started exiting in Feb 2016 by DCA method, completely exited my position in CIMB-GTF by mid 2016. Will I come back to it? Not at the near future.

Xuzen

U missed out the upside from recent MYR weakness

U missed out the upside from recent MYR weakness

aiya - bulls wins, bears wins, ***s get slaughtered
ie ada cohesive plan/methodology, sell or accumulate ok
BUT if none..