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 Fundsupermart.com v15, 基金超市第十五章 - Rise the Dragon

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frankzane
post Oct 18 2016, 04:56 PM

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Sorry newbie here. Do we have to declare our income gained from transactions in FSM for tax purposes?

Thanks.
frankzane
post Oct 19 2016, 01:39 PM

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QUOTE(Pink Spider @ Oct 18 2016, 04:58 PM)
No. But file them (the dividend/distribution vouchers) for record purposes.
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Thanks for all the answers. I shall start investing in FSM then. rclxms.gif

One more thing, can I invest in Public Mutual via FSM when I already have my PMO? If yes, what are the difference between them?
frankzane
post Oct 19 2016, 01:43 PM

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QUOTE(drew86 @ Oct 18 2016, 07:14 PM)
frankzane was asking about declaring taxable income from dividend..just for info XD

Of course if you don't want to declare also no big deal. LHDN won't come chasing after u to give u free money! Someone will prolly spend it on diamonds/ submarines and what not
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Thanks for the additional info drew86
frankzane
post Oct 19 2016, 01:50 PM

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QUOTE(MUM @ Oct 19 2016, 01:41 PM)
FSM no sell PM funds..
PMO can buy/sell other FH funds?
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I see...okok.
No, PMO only sells PM or PB funds only...
Thanks!
frankzane
post Oct 19 2016, 01:51 PM

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Junior Member
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QUOTE(dasecret @ Oct 19 2016, 01:46 PM)
Nope, Public Mutual funds are only distributed by their exclusive agents. Not distributed by IUTA and CUTA as far as I know

Difference of PMO and FSM?
Sales charge - 5.25% vs 2% or lower
Choice of funds - limited to PM funds vs a wide range of funds across different asset management companies and switching enabled between different asset management companies as well (some subject to charges)
User friendliness of the website - I don't know about you, I find fundsupermart much better with wide range of articles and research reports, charting tools and simulators
Fund returns - This one very hard to compare la, have to compare those from the same range etc. But when I sort morningstar results by 5 years annualised returns, PM funds hardly even show up on the first page or top 20...

Is that enough reasons for you to consider FSM?
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Getting more interested with FSM. devil.gif

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