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 FundSuperMart v17 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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silverwave
post Feb 5 2017, 10:46 AM

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Hello, first time investor here, got my FSM account ready last year but decided to hold till this year to get the RM1k incentive. biggrin.gif

I've decided to invest RM3k per year to maximise the tax rebate too.

My question is, should i just invest may be around RM1100 for one fund (to get the incentive) and then take my time to invest the remainder in the next few months? I think it would be safer to break into a few PRS funds right?
silverwave
post Feb 5 2017, 11:00 AM

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QUOTE(inquiries @ Feb 5 2017, 10:57 AM)
Aye, I personally prefer to go for the Dollar Cost Averaging method, and invest the remaining RM1900 over next few months.

By the way, the sifu here are mostly on Unit Trust and Bond. Even though FSM also provide a convenient platform for PRS fund, most of the PRS sifus are at this thread instead.
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QUOTE(T231H @ Feb 5 2017, 10:57 AM)
Since you will have a very long horizon, and I "think" the investment amount is not that much (including the yearly fees)....I would suggest go for

20% KENANGA ONEPRS GROWTH FUND
30% AMPRS - ASIA PACIFIC REITS - CLASS D
50% CIMB-PRINCIPAL PRS PLUS ASIA PACIFIC EX JAPAN EQUITY - CLASS C  

to have a more diversified coverage, instead of just focusing on 1 fund.
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Will do some readings on the information provided. Thanks! smile.gif
silverwave
post Feb 5 2017, 11:47 AM

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QUOTE(killdavid @ Feb 5 2017, 11:12 AM)
Eh forgive me for my ignorance. What is the RM1k prs incentive? Can share some details?
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QUOTE(T231H @ Feb 5 2017, 11:13 AM)
Yea that's the one, for those from 20-30 years old. It used to be Rm500 only but it's RM1k this year onwards.

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