Dude if RM is going down then you need to get the RM-hedged Fund. Common sense. If RM is going up then you want to get the USD-hedged Fund.

Dude why? You guys still don't get it? Ringgit getting stronger, keep Ringgit class!

Today RM4.43 buys $1. If the Ringgit keeps strengthening, your $1 will return say, RM4.20. You will make losses upon converting to and back from a USD class fund.

I'm patriotic. I want the Ringgit to strengthen to RM4.20 realistically and stabilise there. Cheaper McD maybe! Price gone up so much due to currency....

TQ sifu..

I would be interested in this. Is this a promotional thing or a permanent feature ? No restriction on minimum purchase ?

Very difficult to earn money from unit trust, i see people make a little bit, after that  market crash ,loss more than proifit. crstall man also cannot win, with prediction wrong the market, for newbies  us can forget making money.  how to start investing

how about p[eople dontget FD profit also, worse what. 1% return, 2%  inflation eat them more.

want to earn 20% you say cannot get. 10% can get, got prove ?

In previous pages somebody said Affin Hwang Select Asia ex Japan Quantum Fund is not good..but didn't substantiate the claim. Why is it not good?

But still returns very good what?

RHB seems to have a systematic issue, most of the worst funds on FSM platform were RHB local funds, up to -15%. The fund manager should have been kena pecat.

Guys! Just want to let u know that 0% bond fund is the best thing out there. With this there's no reason for fd to exist lol. In 3 months time u can get return of 1 yr fd investing in a good bond fund.

Performance is consistent and some even outperform fund that charges commission. It's low risk good return

Rhb bond
The platform fee is pay once only right? It's just a different name for sales charge. It's so small % will not be significant.

Eh where u find the exit fee? This 1 i din realise. Let me check

There is a Chinese saying, "Counting dead leaves / grass" meaning too calculative. If you think the platform fee is too much, then move over the bond portion to eUT lor (Phillip Mutual Berhad's UT platform aka FSM's competitor). Problem solve!

Xuzen

Seem like I need to rethink my bond strategy. If hold for long term seems like I get charge more from platform fee than sales charge.

Lai lai come tell Abang Xuzen your problem. Abang Xuzen lend his shoulder for you to cry on....

Which unit trust fund is it that you want?

Xuzen

Technically you can buy from Phillip and FSM, but this is classified as wholesale bond and is only open to Accredited Investors. Not for retail or regular Joe investors.

The closest cousin avialable in FSM retail setting is either RHB ATRF or AHAM Selct Bond Fund.

Xuzen

Erm, you do know it is available in poems sg right? 

You asking this question means you got 100k to spend on?

fd matured soon, but as usual, unlikely put all egg in the same basket.

Greetings,

I have been reading the recent versions of FSM threads since a few days ago. I understand the very basic idea and risk behind Unit Trust, and have read through a few websites/articles suggested here.

However, despite having no platform fee, e-UnitTrust seems to be almost absence in lowyat.net.
I have read forumers suggesting to use FSM's website to analyze, and e-UT to invest (lower sales charge on promotion, no annual platform fee for equities). I don’t mean to be ignorance, but I have yet to understand the benefits of FSM and why dear LYN members (with so much experiences) still invest through  FSM.

I am sure there is some benefit-cost weightage which I have missed. Is anyone kind enough to enlighten me?

I plan to have some very small investment through FSM or eUT this CNY.

Thanks.

Troublesome though.. TT charges, suddenly you meet with an emergency and you need the money or whatever, or TTed money got held up because you filled in the form wrong.. or either government thinks you might be money laundering..  or somewhere between here and there money went missing, quite troublesome. Also you lose the spread, which might be more than commission depending.

But yea it is cheap

Yes, at least what I read is that Ramjade is expecting the money which get dispatched to Singapore and never come back to Malaysia. I am still thinking that will be applicable to me or not. But definitely cannot expect the money to go back and forth. Sure die !

I think people tend not to pay attention to why is certain fund classified as wholesale fund, or why are structured investments only opened to HNWI. Basically this is investor protection to protect retail investors from losing money that they could not afford to lose.

When one makes a false representation that they meet the HNWI definition, the offeror and the regulator conscience is clear, they really don't owe you any duty of care anymore

A website interface says a lot about how much attention and emphasis a company pay to its targeted customers. I do not like to be taken as customers that doesn't matter. That, is the feeling I got from e-UT site. That they don't care about me as a prospective customer. Probably online security doesn't matter too, business sustainability doesn't matter too, with the lowballing strategy

Not sure if you got the answer already, after you add attachment, there's a little button on the right that says 'add to post', use that
on the wholesale fund matter, I think sometimes fund house take the shortcut of making it a wholesale fund for ease of SC approval. I think only la, no proof one. And they decided that probably because they don't expect retail investors want to buy it also.

Once the RM approached me to buy this multi-strategy fund, I asked her what's the minimum, she was stunt and say she usually advise clients to buy in RM100k block since it's a wholesale fund. Turn out minimum is USD1k only, I didn't buy, cost it feeds to a fund in SG and it doesn't even look good

I don't expect you to change your mind on cost saving triumph everything else in life, but you need to realise online security risk is a cost too
Oh well, nvm the silai ranting

Guys, to ask once more for a clear answer, how much is the fees of transferring money into FSM, and withdrawing money out of it?

Say I put in RM1,000 into Fund A in FSM. How much extra fees will it cost me to transfer in money from a bank account? Likewise, when withdrawing funds, are there any fees to transfer the money out?