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

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thesoothsayer
post Jan 14 2017, 08:25 PM

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QUOTE(contestchris @ Jan 14 2017, 07:19 PM)

- Malaysia has been red for 3 years in a row in Bursa, corporate earnings and currency. From a high of 100 billion foreign investment only 4 billion remains in Bursa. As such there is very little downside left in Malaysia, but lots of upside.
Only 4 billion foreign investment in Bursa? That seems really low. This is in ringgit terms?
thesoothsayer
post Jan 16 2017, 07:38 PM

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QUOTE(puchongite @ Jan 16 2017, 05:50 PM)
Anyone planning for a big time top up?

Seems like Trump shit is hitting the fan.

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China was down quite a lot at lunch time. Bounced back in the evening.
thesoothsayer
post Jan 18 2017, 08:23 PM

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QUOTE(iampokemon @ Jan 18 2017, 07:52 PM)
Guys, I'm not sure if this is answered before but what does is means by annual expense ratio 1.69%?

From what I see it should be 2% + 1.5% + 0.07% = 3.57% per annum?

And min fee of RM18,000 per annum means this is the minimum amount I need to put in the fund?

This is quite confusing.

FUND CHARGES
Fundsupermart's Discounted Initial Sales Charge* 2 %
Annual Management Charge* 1.5 %
Trustee Fee* 0.07% of NAV or subject to a minimum fee of RM18,000 per annum.
Other Significant Fees* Switching Fee: RM 25.00
Annual Expense Ratio ^ 1.69% (as of December 31, 2015)
*
Minimum trustee fee is 18000.

Let's say 0.07% of all NAV of all units is less than 18000, they'll pay 18000 to the trustees.

The annual expense ratio would be 1.57% if the total value of the fund is >=18000/0.0007

Otherwise, it's 1.5%+18000/(total value)*100%.

Of course, slightly more complicated as they factor it in daily.

thesoothsayer
post Feb 7 2017, 10:24 PM

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QUOTE(ic no 851025071234 @ Feb 7 2017, 10:18 PM)
Hey guys. Is it normal that FSM need many days to process order? I bought on 2 Feb until today the status still being process.
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Think it's reflected on T+4? Means if you did the purchase on Feb 2 before 3pm, you'd have to wait for Feb 3rd, 6th, 7th, and 8th before it's reflected. Should be in tomorrow after business hours.
thesoothsayer
post Feb 8 2017, 07:12 AM

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QUOTE(ic no 851025071234 @ Feb 7 2017, 11:33 PM)
I pay using fpx so should be reach the same day.
T+4 so long. Then I can't capitalise on the difference.  Buy and sell will take me 2 weeks liAo
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If the trade is done before 3pm, you can check the prices the next day for most funds. Just that it takes time to be reflected in the system.

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