for all the new ppl in here, FSM has ears in this forum.

their timing is impeccable. I just reconsidered my 50%-50% with Affin hwang bond and rhb asian income fund allocation for my girlfriend's portfolio but now I may have to switch it to...

Ponzi 2.0 Myr1000
Libra Anita bond fund (min initial charge investment is myr 1000)

what you guys think? not much room to move when initial investments are 1000myr and she only got 2k to play around

do you think fsm has the promo we had recently that they reduced the initial sales charge for the 7th and 14th event?

This post has been edited by Avangelice: Jan 3 2017, 12:21 PM

Happy New Year! Been busy for last couple of days. Now just reading page 15

Just to continue back my topic yesterday. I've just received my Citibank statement regarding the withdrawal of fund for Affin Hwang Select Bond.

As expected, there is no charges from it at the current value on 22nd Dec of 0.6622 MYR per share, with some extra income distribution as well.

The only charge by them is for the sales charge of 2% at the beginning of the placement through Citibank.

In comparison to FSM as follows:
Fundsupermart's Discounted Initial Sales Charge* 0 %
Platform Fee (%)* 0.05% per quarter
Annual Management Charge* 1.0 %
Trustee Fee* 0.07% p.a. of NAV, with the minimum of RM18,000 p.a.
Other Significant Fees* -
Annual Expense Ratio ^ 0.85% (as of March 31, 2016)

Which is 0.85% which is still considerably low, but if you're putting it for longer than 2 years it might be much more expensive than the bank rate.

Perhaps these are the pros and cons I could summarize between bank rate(Citibank) vs FSM.

But sometimes the bank rate can be negotiated until 1% for every funds, which they did offer during your birthday month from Citibank, not sure about the other banks.

The charges in red are charged by the fund house, no matter you buy from citibank or other banks or oFSM or other online platform, they were included in the NAV

Please refer to the fund's PHS, prospectus, annual report and fund fact sheet

This post has been edited by AIYH: Jan 3 2017, 06:10 PM

The only thing you need to compare is the platform fees from FSM vs the 2% one time SC from City bank.

Others charges are transparent to you, it is already reflected in the Nav, it is the same from either FSM or City Bank.

I believe the City Bank scheme is identical as the eUnitTrust scheme. And yes, from time to time you also enjoy the additonal benefit of promotion which reduces SC to 1% or 0% for investment > 5k.

what you see on 22 Dec of 0.6622 is net after MINUS all the liabilities (that includes pro rated fees and charges)...
the NAVs published by the Fund house for a particular date is the same no matter where you bought it
from my recorded NAV of AH select Income fund on 22 Dec is also 0.6622 which I got it from FSM data

This post has been edited by T231H: Jan 3 2017, 06:20 PM


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I see, I think I get what you mean now. Cuz I remember them telling me that there is no management charges, maybe they were referring to their Citibank management charges, not the fund management charges. Been a little confuse over here. Thanks for the info

You can say that the platform fee from FSM is their ongoing management fee for fixed income fund 0% SC (equity they dont incur platform fee, only SC)

For fixed income fund, Bank and agent normally charged upfront fee full 2% without ongoing fee (exclude promotional period), whereas FSM dont charge upfront SC, but do charge ongoing platform fee of 0.05% per quarter

Other charges will be the same as it follows the fund, not the agent

Yup got it now. The annual performance chart they gave me might have already deducted off the charges and fees %, therefore they didn't mention to me anything like that when I inquire about it.

already told you so......(as below)

Economic And Strategy Viewpoint
January 3, 2017
Author : Schroders

a lot of things to read...

https://www.fundsupermart.com.my/main/resea...int-3-Jan--7866

Is it just me or are the YTD charts blank?

New year ma

The latest NAV you could get is 30/12/2016, of course 2017 YTD would be blank

LOL you're right, thanks

Any input on RHB Emerging Markets Bond Fund? The figures of return looks good.

try this?
https://www.fundsupermart.com.my/main/resea...tormaincode=All

some would suggest RHB Asian Income fund....
https://www.fundsupermart.com.my/main/resea...tormaincode=All

click at the said fund, to read more details...

read from post# 454, page# 23.....there were many discussion about them.....

This post has been edited by T231H: Jan 3 2017, 08:51 PM

Hi guys, i have been a silent reader in this thread and am interested to start investing in UT by myself via FSM. Before i begin, i just want to thank all of you who have been constantly contributing ideas, thoughts, and valuable opinion in this forum.

My situation;

1. I have about rm 60k FD maturing soon, will have another rm 100k from a property sale recently.

2. Plan to invest all of this amount into UT.

3. I considered myself a newbie, and im looking for a balanced and diversified portfolio as investor.

4. Im very busy working with high mobility (travelling to remote places for work), so I am not looking to switch funds left and right, prefer to hold funds once i have invested in at least >2 months at a time.

5. Aiming for a 7-8% annual returns.

So guys, with the above points, would like to know your portfolios for me to have a start investing in FSM.

Thanks guys!

FSM RECOMMENDED PORTFOLIO CONSTRUCTION PROCESS:
https://www.fundsupermart.com.my/main/resea...olio!--4787

This post has been edited by T231H: Jan 3 2017, 10:18 PM