I can only answer you for question 1 and 3.

If you buy lets say tomorrow (Wednesday) before 3 pm, your NAV would be based on Wednesday's closing price. You'll get to know the Wednesday's closing price after 2 to 3 days.

If you happen to buy tomorrow (Wednesday) after 3 pm, your NAV would be based on Thursdays closing price.



The same happens when you're selling.

Cant answer you about switching as I've never switched any funds yet.

This post has been edited by shankar_dass93: Dec 27 2016, 08:11 PM

Ok will appreciate it. Currently I am having nightmares!

as long as you have done the process it will be priced on the day itself. that's same with buying and selling. buying and selling has T+2

for switching is different.

Inter house switch

The switch-buy order will be transacted on T+5 business days. This is to ensure that the proceeds from the switch-sell will be available for re-investment. This means the switch-sell price of your fund will be based on T date and the switch-buy price of your new fund will be based on T+5 business days later. In total, it will take T+9 business days for your Inter Switch order to be completed and display in your holdings page.

Intra house switch

This process will be completed and updated in your view holdings T+4 business days later.

Both selling price of the switch-sell order and buying price of the switch-buy order will be based on the same day (T date).

So my Friday night order based on Friday daytime price or Tuesday price? Cause I bought Eastspring Small Cap, that just fell more than 5% in one day. Like that I lost 7.5%+ in one day! (including sales charge)...bad start

your Friday night order will be priced on Tuesday. that's why I never do any purchases near a weekend. the best time to buy is on Wednesday and Thursday mornings.

also you purchased Eastspring small cap during a turbulent time. I just switch it out with eastspring emerging fund. luckily I lost 2% from small cap only. heard it vomit more blood after I sold it off.

that's the price you pay for investing in Malaysia at the moment. suggest you just close your eyes and ride the storm.

From what i saw in the list at FSM, there are 2 types of AM Asia REITS, one is class B- MYR & another is Am-Asia REITS PLUS.

What are the differences?

read post # 135 for reason of this big drops....
when you buy on Friday nite..what is the stated "transaction date"....
my wild guess would be Tuesday's Navs.

Another question. You say intra-house (same house) switch is based on T (Day 0) price, but updated on T+4 days. How does this make sense? Say I switch from CIMB Fund A to CIMB Fund B. My holdings will show CIMB Fund A results for 4 more days? So maybe could be losing about 0.5% each day.

But then CIMB Fund B may be gaining 0.5% each day. So at T+4 days, suddenly my losses will turn into profits? Are you saying that? (Based on this exact scenario)

we just had the conversation a few pages ago bro.

tldr
plus has higher volality compared to class B with class B having better returns

after the completed Sales 9switch out)...the fund will not be shown.
the pending buy (switched in) fund will be in at the transacted date.

Make sense! Thanks. Bloomberg didn't price in the dividend yet. With the dividend priced in the net movement should be almost 0% from Friday to Tuesday.

No, you haven't lost that much. It's due to the effects of distribution. Eastspring Small Cap distribution on 27th.

Please visit this link: https://www.fundsupermart.com.my/main/fundi...nouncement.svdo?

For more information, refer to post #1. Or just ask

Also guys, how come some funds have latest price at 27/12, some others have latest price at 23/12? So complicated man! I don't even know which day price I will be paying for my buys.

So assuming my transaction went through today, will I be paying for the price published today (for 23/12) or for the price of today itself (27/12) which may be published in 1 or 2 days time?

from the fund factsheets.....can see the differences?


Attached thumbnail(s)

patience my young grasshopper. you are too rushing. too impatient. unit trust is like planting a bonsai. it requires patience and art.

Hi all sifus,

For those invested in Affin Hwang Select Bond Fund, have you guys received the reinvested amount for distribution?

Usually they will email regarding reinvestment but this time around there was none, so just wanna confirm.

Thanks.

Edit: Sorry, just read the fine print, which mentioned might take up to 2 weeks.

This post has been edited by GTA5: Dec 27 2016, 08:50 PM

Is it usually reinvested at the date the price of the distribution is announced? Or how?

Usually will be reinvested in a future date.

No I just want to know. If I buy something today (during office house), will it be based on the price published today (which could be of 1-2 days ago), or will it be based on today's actual price (which may be published 1-2 days from today)?

EDIT: For example, Kenanga and Eastspring published today price for 27/12, but RHB, CIMB, TA and Affin published today the price for 23/12.

This post has been edited by contestchris: Dec 27 2016, 08:49 PM

Automatically right? What's the standard time frame between dist and reinvestment?