wow,....like that-ah, sometime one win, sometime lost......no wonder some people have both Ponzi 1.0 and 2.0....

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This post has been edited by wodenus: Dec 28 2016, 07:21 PM

Wow guys. During the weekend I put in the buy orders on CIMB Clicks and a switch order on M2U.

And you know what? The switch has been completed (2 business days) on M2U but the buy order is still pending on CIMB Clicks.

So it's clear from this that at the very least M2U transacts and displays your portfolio holdings the fastest of all platforms in Malaysia. Two business days for Buying and Switching (maybe even Selling, who knows).

This post has been edited by contestchris: Dec 28 2016, 07:20 PM

I thought nornally switch order will be faster than buy order right?

The guys above said switch is T+4 or something. Here everything A-Z completed in 2 days, so same with buy.

Hmm.. for FSM, switch order will switch sell faster and switch buy another fund (different fund houses) in average T+6 whereas sequentially sell and then buy another fund requires T+8, so switch is faster than sell then buy

Intraswitch will normally be same T+4

If m2u can perform faster in the processing, congratz

If you are kind enough, may be you can suggest this to them to alert them to improve their processing to let FSM know her competitor can do things faster (may be different sales charge caused different processing time )

Season's greetings fellow UTF participants,

It has been a year, in 2016, some participants made money from unit trust fund participation, some lost money. Whatever it may be, let it be, so be it....

I urge all fortunate brothers and sisters to take some time to consider using a little bit of your wealth to perform meritorious deeds of charity. Do not forget those less fortunate and those worthy of receiving alms and gifts and donation.

To put some icing on the cake, Lembaga Hasil Dalam Negeri (LHDN) allows deductiom under subsection 44 paragraph 6 up to seven percent of your aggregate personal income for the year under assessment.

May your deeds turns to fruit and profit to you in future times.

Xuzen.

NO THANKS. why should I pay more for a process that's so trivial to a long term investment? that's t+4 or t+2 when all you get is less than a percentage of movement? this ain't stocks everyone.

I did not suggest to increase SC though

Just may be he can ask to understand why such a difference

I always thought you were a Buddhist and this further confirms it. I believe in the Buddhist teaching that when blessing fall upon you, it is right to give some to the needy.

Friend,

Giving donation is universal. It is not exclusive to person who follow the Buddhist faith. Christians, Moslem, Sikh etc also encourage their followers to give / donate.

Even atheist are also philanthropic.

Xuzen

Is Unit Trust must pay income tax when you withdraw? Will they catch us if we didn't do it?

No need.
Capital gain is not subject for tax.
Distribution has been taxed at source under single tier tax structure.

The post in fsm seems to say something else, or it is my poor English misled me or it is purposedly written to mislead people :-

https://www.fundsupermart.com.my/main/resea...st-in-2017-7814

The sentence here is "0.5% Sales Charge for all funds from the participating fund houses during the event".

So is it 0.5% off the standard SC of 2% or it is 0.5% SC ?

it is 0.5% SC

yes I find your comment true but I find a lot of Buddhist who do it for karma not just because they are securing a place in heaven. oh that's an argument for another day over a cup of good oolong tea my dear friend.

contestchris all funds updated already. see patience my young padawan.

EI Global Leader MY still at 23 Dec Navs ...........

Seriously? that's better than their current promos.. I think that's gold member price already, or maybe even the gold members only get 1% off.

Same for Aberdeen islamic world equity fund


Guess adele is right, foreign funds, especially global funds like these take times for all relevant region's stock market to close and count respective invested equities

Don't know for those who attend only or everyone.