Generally yes but individual stock selection will react otherwise

Exactly!!

if the fund managers feel the pressure of keeping 6.x% dividend consistently for FP funds, they can stop launching new FP funds or limit the growth of the FP fund size.

I presume either staff pinching within UT industry or existing fund manager failed to think out of the box

Have been just leaving it there and after 14 years, found 4.4X. Then only now realize last 2 years still same as 2 years ago value. Agent also hibernating as after initial investment, never touch it. Thinking of changing agent.

I wondered and even asked some of the PM agency managers

They just give me some run of the mill replies like PM focus on stability bla bla. Their fund volatility tends to be lower than industry average

Another possibility is fund size too big, and therefore mirror-ing index
p/s: This one I quote other ppl, not my original idea. Cannot simply take credit

You would observe that with CIMB Dali funds as well. Used to be fantastic, now is

pps: If I must speculate on PM fund returns, I think they put the bank's interest before the interest of the investors. But this is pure speculation, no basis or evidence. So I'm staying away lor

This post has been edited by dasecret: Oct 20 2016, 11:12 AM

welcome back sifu ... so any advice for new comers like us in ASx....

Did u calculate wat is the annualised returns or IRR?

if we are using rule of 72..... for a 6% of return rate..... 72/6 = 12
it will require 12 years to double your investment .....

presume this year 2016, you have a 10,000 units...

by year if 2028, you will have 20,000 units ...... so worth or not worth it

Property investors not necessary must be Bee End Supporters.
Property investment and Political preference are 2 different topics.

Welcome to the market-driven economy or capitalist economy, unless you are the supporter of socialism where each household are allocated a unit of homogeneous house by the communist government,

I believe both the ruling and opposition government have been very accommodating to address the middle-income group's concerns on the housing affordability, by building a lot of affordable homes with moratorium legal binding holding periods of up to 10 years, which is not investors friendly.

Gosh, let's get back to ASNB's topic

hehe...well straightforward are better...but not many like you have the mind like that...and also the money to do it...this 270/month can help so many others out there who like to make an investment...anyway thanks bro...

if u like to apply ASBF can contact me...CIMB have offer now at 5% (terms and condition apply)

Banks love to sell UT because their profits are secured from the performance of the investing funds. Market up or down, they make profit, basically, from the fixed management and trustee fees. All the investing risks go to the investors, and so do, their salesman rice bowls.

So, look for the UT, which management fee is zero if the fund is losing. But, any in the market?

This post has been edited by kpfun: Oct 20 2016, 11:24 AM

Rule of 72 is purely academic
If u use 4% benchmark (i.e factor in ups n downs), your investment will double in 18 years
Can u tolerate 18 years?

11.16%

I wud say anything above 10% is awesome as it went thru few crisis

Sorry may be i am financial noob, so don't know how to calculate IRR (Internal Return Rate?).....

err.... 18 years....? isn;t that ASx so far with > 6% since it launched.....

No worry
U can google for assistance

I'm referring to other UT's product instead of ASx

For now, just enjoy the return first.
We shall worry when the time comes.
Sure they would give some time for us make decision.
Not that overnight can change to VP.. That would be crazy

Desire to "doing their part in making the world a fairer place" = bully?

Wow, just wow.

kthxbai

In actual don't needs 18 years to double..
Around 12years or 11years is enough to double. Confirmed in ASx