QUOTE(contestchris @ Feb 1 2017, 11:35 PM)
Not sure if I get you. I had 3 CIMB, 2 RHB, 1 Eastspring/Kenanga/AffinHwang/TA. The only issue I have with switching is with RHB due to RM25, so I am not touching those until I get 20k into my RHB funds and consolidate them together. RHB actually has the most potential since it has a Gold Fund.
My Eastspring and Kenanga investments are local and I do not intend to be switching these, unless things are really bad, cause both KGF and Kapchai have a good track record of outperforming the index.
All the fund houses offer a great selection of local, regional, emerging and global funds, including discrete foreign countries. Choosing a fund house with a wide selection was an active decision I made, to be honest. And all except RHB offer free switching, but RHB is the only one with a Gold fund which will be a useful tactical weapon once I got a bigger capital in there to minimize the RM25 switching fee (in % terms).
Fund A(1)=3000
Fund A(2)=3000
both purchased at service charge 2%
Fund A(2) returns are not satisfactory so switch to fund A(1). here's the kicker. Switching can only be done by switching ALL units.
so fund house A(1)=6000
three weeks you want to buy into fund house A(2) you need to pay for service charge right?
also
RHB 25myr switch is nothing.
eg 25myr on 20k is just 0.125%