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 FundSuperMart v16 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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TSAIYH
post Nov 3 2016, 11:53 PM

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QUOTE(David83 @ Nov 3 2016, 11:50 PM)
I found one fund with funny name under Malaysia - General:

Hong Leong Penny Stock Fund
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This is actually quite a good fund smile.gif

Unfortunately, similar to pubic mutual, you got to go to their fund house agent and pay 6% sales charge cry.gif
_azam13
post Nov 3 2016, 11:57 PM

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QUOTE(AIYH @ Nov 3 2016, 11:53 PM)
This is actually quite a good fund smile.gif

Unfortunately, similar to pubic mutual, you got to go to their fund house agent and pay 6% sales charge  cry.gif
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really difficult for me to resist from chuckling when "penny stock" and "pubic mutual" are mentioned in the same post... tongue.gif
TSAIYH
post Nov 3 2016, 11:59 PM

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QUOTE(_azam13 @ Nov 3 2016, 11:57 PM)
really difficult for me to resist from chuckling when "penny stock" and "pubic mutual" are mentioned in the same post...  tongue.gif
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Public mutual can understand la tongue.gif

But penny stock?
Vanguard 2015
post Nov 4 2016, 07:34 AM

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Good morning folks.

At least the fund manager for Ponzi 2 is decent. The investors who sold the units don't have the refund the extra money. I think I could be one of them.

Compare this to the RHB funds when the same thing happened last time. I actually got a call from the CIS of FSM to inform me that they are going to deduct the extra money paid to me because the RHB fund manager miscalculated the NAV. This was like a few weeks after the transaction.

This post has been edited by Vanguard 2015: Nov 4 2016, 07:36 AM
TSAIYH
post Nov 4 2016, 07:41 AM

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QUOTE(Vanguard 2015 @ Nov 4 2016, 07:34 AM)
Good morning folks.

At least the fund manager for Ponzi 2 is decent. The investors who sold the units don't have the refund the extra money. I think I could be one of them.

Compare this to the RHB funds when the same thing happened last time. I actually got a call from the CIS of FSM to inform me that they are going to deduct the extra money paid to me because the RHB fund manager miscalculated the NAV. This was like a few weeks after the transaction.
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Wa, if by that time you sell off all your holdings in that fund, how are they going to charge you? shocking.gif
puchongite
post Nov 4 2016, 08:54 AM

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QUOTE(AIYH @ Nov 4 2016, 07:41 AM)
Wa, if by that time you sell off all your holdings in that fund, how are they going to charge you?  shocking.gif
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They have your IC, address and phone number.
TSAIYH
post Nov 4 2016, 08:57 AM

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QUOTE(puchongite @ Nov 4 2016, 08:54 AM)
They have your IC, address and phone number.
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That is not what I mean sweat.gif

I mean do they ask you to remit the money or ask you to repurchase the unit for them to deduct? tongue.gif
Avangelice
post Nov 4 2016, 09:24 AM

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KLCI: 1,648.1 (-11.5 pts)
DOW: 17,931 (-29 pts)
MSCI ASIA Pac (MXAP): 137.95 (-0.19 pt)
Jan FCPO: RM 2,774 / MT (+16)
BRENT: US$ 46.35/ bbl (-0.51)
USD: 4.1842 (-0.003)
SGD: 3.0230 (+0.001)
EUR: 4.6476 (+0.002)
GBP: 5.1674 (+0.025)
US: 10-yr yield (+0.01 to 1.81%)
BNM: 10-yr yield (+0.01 to 3.63%)


US: Dow logged its 6th straight loss amid disappointing results from Facebook and AIA, Fed rate hike jitters and the US election angst.

MXAP: Ahead of the key US jobs data tonight, Asian market eased, mainly driven by mounting concern over the tightening U.S. presidential race (8 Nov) that is too close to call.

Bursa Malaysia: Tracking negative regional markets, KLCI slipped 11.5 pts to finish at day low 1648.1.


OUTLOOK: On the back of Nov reporting season and falling oil prices, KLCI may continue to drift lower towards 1639-1645 today, ahead of the tightening US election as investors worldwide are boosting hedges against the possibility of a Donald Trump upset.

TSAIYH
post Nov 4 2016, 09:25 AM

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QUOTE(Avangelice @ Nov 4 2016, 09:24 AM)
KLCI: 1,648.1 (-11.5 pts)
DOW: 17,931 (-29 pts)
MSCI ASIA Pac (MXAP): 137.95 (-0.19 pt)
Jan FCPO: RM 2,774 / MT (+16)
BRENT: US$ 46.35/ bbl (-0.51)
USD: 4.1842 (-0.003)
SGD: 3.0230 (+0.001)
EUR: 4.6476 (+0.002)
GBP: 5.1674 (+0.025)
US: 10-yr yield (+0.01 to 1.81%)
BNM: 10-yr yield (+0.01 to 3.63%)


US: Dow logged its 6th straight loss amid disappointing results from Facebook and AIA, Fed rate hike jitters and the US election angst.

MXAP: Ahead of the key US jobs data tonight, Asian market eased, mainly driven by mounting concern over the tightening U.S. presidential race (8 Nov) that is too close to call.

Bursa Malaysia: Tracking negative regional markets, KLCI slipped 11.5 pts to finish at day low 1648.1.
OUTLOOK: On the back of Nov reporting season and falling oil prices, KLCI may continue to drift lower towards 1639-1645 today, ahead of the tightening US election as investors worldwide are boosting hedges against the possibility of a Donald Trump upset.
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In short, global market is in a short term down trend?

puchongite
post Nov 4 2016, 09:33 AM

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CIMB is unable to update their funds Nav now. No Nov 2nd Navs.

This post has been edited by puchongite: Nov 4 2016, 09:35 AM
vincabby
post Nov 4 2016, 09:34 AM

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QUOTE(AIYH @ Nov 4 2016, 09:25 AM)
In short, global market is in a short term down trend?
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hopefully short term.
puchongite
post Nov 4 2016, 09:39 AM

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QUOTE(vincabby @ Nov 4 2016, 09:34 AM)
hopefully short term.
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If you accept that it is short term, then it is an opportunity. drool.gif
nexona88
post Nov 4 2016, 09:42 AM

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QUOTE(Vanguard 2015 @ Nov 4 2016, 07:34 AM)
Good morning folks.

At least the fund manager for Ponzi 2 is decent. The investors who sold the units don't have the refund the extra money. I think I could be one of them.

Compare this to the RHB funds when the same thing happened last time. I actually got a call from the CIS of FSM to inform me that they are going to deduct the extra money paid to me because the RHB fund manager miscalculated the NAV. This was like a few weeks after the transaction.
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I though cimb bad, rhb even worse..
doh.gif
Yup. At least cimb did better job..
But still I cannot brain how they can make such mistake & for fcking 2 weeks doh.gif

This post has been edited by nexona88: Nov 4 2016, 09:42 AM
vincabby
post Nov 4 2016, 09:47 AM

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QUOTE(puchongite @ Nov 4 2016, 09:39 AM)
If you accept that it is short term, then it is an opportunity.  drool.gif
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most of the time just riding it, not much chance to DCA. not the market no opportunity, no bullets. so for now just ride and have some popcorn.
T231H
post Nov 4 2016, 10:02 AM

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QUOTE(puchongite @ Nov 4 2016, 09:33 AM)
CIMB is unable to update their funds Nav now. No Nov 2nd Navs.
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Try cimb website?
dasecret
post Nov 4 2016, 10:56 AM

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QUOTE(puchongite @ Nov 3 2016, 11:43 PM)
The impact is more that what accurate refund can cover, as the Nav was overly inflated and that painted some wrong impression to investors which can affect their investment decisions.
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Hmm, you have a point there, I don't think it's quantifiable for them to compensate you for it I guess
Maybe if you want to sell you can go negotiate with FSM to give you free credit for it

QUOTE(AIYH @ Nov 3 2016, 11:53 PM)
This is actually quite a good fund smile.gif

Unfortunately, similar to pubic mutual, you got to go to their fund house agent and pay 6% sales charge  cry.gif
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hmm.gif while this may be the best performing fund in Hong Leong, I think it paled in comparison if you compare it to the star funds in the other asset management companies. So not really a loss la

AH Select Bond on the other hand, I feel is worth the trouble to buy outside of FSM. Then again, I'm vested so don't listen to me
Ramjade
post Nov 4 2016, 11:03 AM

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QUOTE(dasecret @ Nov 4 2016, 10:56 AM)
AH Select Bond on the other hand, I feel is worth the trouble to buy outside of FSM. Then again, I'm vested so don't listen to me
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How much service charge do you pay each time?
If buy directly from affin bank, is the service charge lower?
dasecret
post Nov 4 2016, 11:05 AM

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QUOTE(Ramjade @ Nov 4 2016, 11:03 AM)
How much service charge do you pay each time?
If buy directly from affin bank, is the service charge lower?
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Standard sales charge for this fund is 2%. I think you go to Affin or through agent would be the same. But feel free to check and report here
TSAIYH
post Nov 4 2016, 11:06 AM

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QUOTE(dasecret @ Nov 4 2016, 10:56 AM)
Hmm, you have a point there, I don't think it's quantifiable for them to compensate you for it I guess
Maybe if you want to sell you can go negotiate with FSM to give you free credit for it
hmm.gif while this may be the best performing fund in Hong Leong, I think it paled in comparison if you compare it to the star funds in the other asset management companies. So not really a loss la

AH Select Bond on the other hand, I feel is worth the trouble to buy outside of FSM. Then again, I'm vested so don't listen to me
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But at least if they are available in FSM, we can contrast them better laugh.gif

Im thinking between affin select bond and select income, might consider investing them in HSBC in future (unless it is re-available in FSM drool.gif )
puchongite
post Nov 4 2016, 11:08 AM

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QUOTE(dasecret @ Nov 4 2016, 11:05 AM)
Standard sales charge for this fund is 2%. I think you go to Affin or through agent would be the same. But feel free to check and report here
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That will be the same as eunittrust then. One may not like eunittrust very much but nevertheless, it will save some leg work.

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