this is where your credit system can be use to offset the sales charges, for eg, eastspring small cap switch to eastspring bond earns you credit , and later you can use the credit to offset the switch from eastspring bond to other eastspring equity fund like small cap, global leaders and etc.

applicable to both epf and cash funds. i think previously Xuzen advocate buying from eastspring for EPF funds as they have a range of funds to buy using EPF funds, for RHB need to pay rm 25 per switch.

The credit system is the one thing that separates eunittrust from FSM, eunittrust don't has it, and for FSM you can use credit system to perform the ninja switching for free.

This post has been edited by repusez: Dec 9 2016, 03:06 AM

yes, you're correct in saying we should not exploit the credit system , I dunno about it previously and didn't earn any credit points when selling off my epf equity funds, now i switch them to bond fund instead of selling, and when times are better, I switch back from bond to equity monthly (DCA), leceh also because need to send in physical switching form for EPF funds.

yes, u can use the eunittrust promo period to switch for free, but the thing is you dunno when will they have promo (which is like one year 2-3 times), they control the date of the promo not you, but for the credit system you can use it anytime you switch

you loose some days while switching but we're in it for the long haul right. I'm using both eunittrust and FSM, and usually I only buy during their promo period.

if you want to use your credit points, you need to switch from eastspring small cap > eastspring bond (earn point),

then switch from eastspring bond > emerging market (use point) . if you have enough points , you do not need to pay for the sales charge . --> wrong, intra switching is free , so can switch directly except for rhb (see below).

**correction intra fund house switching does not incur sales charge , only inter switching incur sales charges, which is where the ninja switching using credit point comes in.

if you switch direct eg, Eastspring smallcap > Eastspring emerging market , you'll be charge 2% or based on your tier discount, silver 1.75, gold 1.5 , platinum 1.25

for rhb funds you need to switch from rhb equity > rhb money market , rhb money market > other rhb equity funds , if you switch to other rhb funds other the rhb money market fund , you'll be charge rm25 switching fee

i think for rhb smart series, you can switch for free also, rhb smart treassure > rhb smart income (earn point) , rhb smart income > rhb smart treassure (earn point).

do note , each fund house has different minimum switching amount.


This post has been edited by repusez: Dec 9 2016, 01:55 PM