Sorry if i asked a silly question here, but is there any "best time" to enter unit trust market?

this is what the CEO of Federation of Investment Managers Malaysia (FIMM) Encik Nazaruddin Othman said about this,
http://themalaysianreserve.com/new/story/n...trust-says-fimm

PRS is a bit weird.. they only have one fund and you can't take it out until you retire, and they charge you every year? might as well put it in EPF, it is free.

agree. then again there's a tax relief of 3000 which already more or less covers the charge. what's the service charges for managing prs btw

Only if you topup. If you don't topup, you don't kena charge. So just topup max RM3k/year until 2021. After 2022, no need to topup anymore.

There's a management fee right?

If you make enough to actually be charged that amount that is

The best time is as soon as you can

NOTE : Would you believe this post got reported? some people are just being weird now

investor that intend to get into Unit trust investment should be aware of all the charges and fees to be incurred during the investment period.

a simple read out about the charges are here...
http://www.moneysense.gov.sg/Understanding...rusts.aspx#What are the fees and charges? What is the Total Expense Ratio (TER)?

for more indepth info about the fees and charges should be available in the master prospectus.

those that are concerns and felt that this is not justified...don't get into Unit trust investment.

Eh the TER isn't of concern to you. If a fund makes 15% annualized it already takes into account the TER/MER, management fees, trustee fees etc. Only if a fund is poor performing, look at the MER. For Malaysia, most funds have a MER of around 1.5-2.1% (cheaper for local, expensive for regional/global).

Effectively the only direct charges are the sales charge (initial fees) and occasionally switching fee. No other direct fees apply.

From what I know, you don't buy anything, you won't kena charge.

no a concern?
the annual management fees (typically two to three percent) reduce your returns. The mgmt. fees are fixed no matter how the fund performs – even if the fund had a negative return, the manager still gets paid. Over time, compound interest can aid you. But your annual fund management fees can compound against you as well.



This post has been edited by T231H: Dec 25 2016, 09:59 PM

Doesn't it kind of defeat the purpose, to open an account and not buy anything? you'll still be charged the Rm10 account opening fee

This post has been edited by wodenus: Dec 25 2016, 10:08 PM

Don't sai lang all....

Leave some bullets for bargain hunting. You will just never know!

But that 2-3% is already priced into the NAV and performance of the fund. Besides, think of it this way: CIMB Global Titans fund takes up an additional 0.45% of the Management Expense Ratio than the norm (just an example!), but due to that additional management resources the fund contributes an extra 4% gains.

Don't make wild allegation, show us which unit trust fund that loss 33 to 50% value during recession....

Xuzen

Look at this: https://i-access.affinhwangam.com/fund-price

Find Affin Hwang Select Asia Ex Japan Opportunity Fund. Then look at performance from end 2007 to end 2008. From RM0.7782 to RM0.3127 (with RM0.05 div). This is just one example.

that is the thing..."if" there is no mgmt. fees....the gain would be more
that is true in BAD or good times.....unit trust company makes money but the investor contribute the capital and bear all the investment risk.

Investment Guide: Beware Of These Investment Costs And Charges
http://litefm.com.my/Mobile/Features/Lifes...nvestment-Costs


This post has been edited by T231H: Dec 25 2016, 10:39 PM

Walao u guys.. Today also very active in FSM
Its xmas lor..
Just chill & relaxing..

OK OK...

But this UTF, you hardly hear us hear at LYF - FSM thread mention wan.... that is why I don't recall in my memory got UTF drop so drastically.

But then to be fair, this did not suffer such a drop in the next ten years. It only happen once in 2008 to 2009. This is during the infamous Asian Financial crisis. It was a black swan event.

Xuzen

This post has been edited by xuzen: Dec 25 2016, 10:43 PM

Ok Xuzen, I understand.

Anyway guys, what is the most recommended US equity fund around here? Is it the RHB US Focus Equity Fund, or is there something better?

This post has been edited by contestchris: Dec 25 2016, 10:53 PM

May I understand this? What is the purpose of CMF and what is "ammo"?

(PS: I assume it is to have liquid cash to swoop in and buy stocks or funds when the market crashes?)