See! I always keep my port to around four unit trust fund only. Somemore a few heroes here got nine or ten funds, thinking they are playing Pokemon gotta catch em' all meh!

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 ?

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.

anyone still holding kapchai? still believe malaysia is recovering?

i am currently holding gem and it's either I switch it back to kapchai or move to rhb embf

advice?

I am. 20% Malaysia funds, 2:1 ratio for Kapchai against KGF. I'm patriotic first and foremost. Secondly I truly believe that Malaysian markets have been battered enough for three straight years....it can't happen for another year right? So far so good, in 24 days KGF at 3.5% and Kapchai at 3% for the year.

Also another bonus is no exposure to currency risk. Which could be important as the Ringgit strengthens.

Don't divert too much, if want discuss SG feature, better go FSM SG there to discuss

Sis, I am even worse than you. My main portfolio has about 15 funds. I expanded it again this year.    I am definitely taking the concept of asset allocation to a different level.

On a different issue, the best performing fund in my portfolios remain EISC at 17.20% profit and KGF at 17.84% profit after holding them for 2 years with periodic profit taking and top up.

[attachmentid=8438183]
Pokémon player?

UHNWI spotted...

Wholesale fund wo… You know the requirements for wholesale fund hor…? You may fulfill the requirements, you may not, not really something I need to know. My personal perspective la, because I obviously don’t earn enough to qualified for wholesale fund…

Good start with good diversification. Unlike some heroes who start with ten to fifteen funds.

Xuzen

P/s Let's play I spy. I spy with my little eyes and I think the little undercover mole from FSM is T231H.

1 fund at RM 30000 x 2% SC = RM 600
1 fund at RM 2000 x 2% SC = RM 40, if 15 funds =RM 40 x 15 = RM 600

at the same investment value, 1 fund or 15 funds = same SC value

***how you guys post the picture in the reply directly instead of attachement?   

The same fund exist in SG without those crap of needing to dump one shot minRM10k/agreeing to those terms. Over there is still min SGD1k woh.   

Also CIMB SG account page have some of the worst design I have seen (2nd only to Affin , Affin is like Win95 era ) but it's one of the bank in SG to offer the best value. Looks matter to certain extent, but I take cost over looks anytime, anyday!

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?

Which part of the thing shows eUT has poor online security ?

Are there any indication that they have poor business sustainability ?

I believed it's this way
Equity A > Bond A > Bond B > Equity B. That way only can earn credit.
1. Contact FSM saying you want to switch. Sell off your PM funds. Snap picture. Send it to FSM. FSM will let you buy in for free.

2. According to dasecret, PM funds never even make it into the top 10 funds in terms of return compare to the other fund houses. So I think that is enough to prove where PM funds stand. Also, with PM, one straight away lose 5.5% for service charge. With FSM, one loses max 2% for service charge. If you are lucky, can get 0.5% service charge but of course don't look at the service charge promo by FSM.

P/S : Based on my observation, all things being equal, it is the expenses and not the income level that affects our retirement plan.

Does anyone know what the below means? It is taken from their FAQ about Intra-House switching:

--------------------

The switch-sell and switch-buy orders will be transacted on the same business day the order is received before 3pm. Otherwise it will be transacted on the next business day.

However, please note that there are 2 business days lag time should you switch buy into RHB Money Market Fund, RHB Income Fund 2, RHB Institutional Islamic Money Market Fund and 1 business days lag time if you switch buy into CIMB-Principal Equity Growth & Income Fund, CIMB-Principal Greater China Equity Fund, CIMB-Principal Income Plus Balanced Fund, CIMB-Principal Global Titans Fund, CIMB-Principal Australian Equity Fund, CIMB-Principal Strategic Bond Fund, CIMB-Principal Asia Pacific Dynamic Income Fund, AmSchroder European Equity Alpha Fund and Kenanga Asia Pacific Total Return Fund.

--------------------

What exactly is meant by "business day lag time" here? Has anyone intra-house switched into any of the funds above? Care sharing your experience?

On the "poor online security" - it is a subject matter for the IT gurus which I did not see you made anything anywhere near to technical.

On the "poor business sustainability" - the scheme which eUT is operating on has probably been used since day 1 ( ie for 40 years), so poor business sustainability is also poorly justified.

You are bashing eUT based on your own feeling in your own words.

Are you opening a hole in your forehead for eUT lawyers to gun you ?     

Proof of what ?   

But I supposed if you sell off the entire fund ( at a loss or gain ), and invest in new fund, ROI will be low.

I don't use the spreadsheet thing. Does it still keep track of sold funds ( gain or loss ) history ?

I think that's a bit too much lah - the figures you have there...but who knows right. I am not attempting to speculate. Of course, out of 100 switches even getting 70% of them correct can lead to a good increase in returns. I do a lot of reading to get a handle of the market. And yes I am only doing it with a small sum at the moment. Two of the switches were short term, one is a medium term switch.

The problem is, going from equities > money market > equities will cost me 2.5%. So if I think the market is going to tank big time, I have to cash out. No other option for me. Unless I think it is only a regional crash, then I divert the funds away from that region temporarily. Which is why, one of the things I ensure is that the fund houses I buy in to have a range of offerings - local, regional, global, discrete regional/global and bonds. So that when the time to switch out comes, there are legit options available to move out without incurring costs.

If I use FSM it will be free to do equities > money market > equities, but their intra-house switching for CIMB funds have got a lag of 1 day. That lag is keeping me away for now as my CIMB funds are 50% of my portfolio and they have the most diverse range of funds regionally to effortlessly switch between.

I don't think fund managers will close it down lah. At the moment zero switching fee is the selling point for them. Plus, you need to get your timing absolutely right for this and devote time researching and following the markets, which not many may be able to do. And of course skillful traders with lots of monies will go direct into the stock exchanges.

But yeah, I may need to start deleting all my posts if I find this successful and zip my mouth. At the moment I am just excited and everything is just a theory.

early morning post before i start work. my confession. invest 2 years on and off and my ROI is just around 3.xx% and that young gun got 4.xx% in just 1 month's time. what an amazing feat! however, if you have the time to do the switching and what nots then great, it could prove to be a blessing if it can be done. but for people who just want a 'passive' investment, i will rebalance it when i need to. to each his or her own. if that strategy actually works, he will hold that accolade high and might start a new trend. time will tell my friend, which you all the luck in the world cos God knows you need it more than we do.

If the FSM supporters have no violent objection, I am all for a change in the topic.

Change it to "MY Online UT Platforms: FSM, Cimb Clicks etc" 

After all FSM did not sponsor this thread. 

If the mod allow us to merge these topics into one, it might be helpful to facilitate discussion, and also promote integration to platform which have several fund houses instead of only the respective fund house platform

My main portfolio is still surging ahead. Today it went up by RM915. We live in dangerous times. What goes up must come down. 😅

Pokemon Player! Gotta catch em' all!

Out of your list, I only have Selina      , India, US (TAGTF) and Esther Bond      only.

Lean & mean   

Xuzen

I am still keeping my eye on RHB AIF, after all, to me, it is all a click away to move from Selina's UTF      to RHB AIF at zero cost.