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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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Ramjade
post Feb 21 2018, 02:50 PM

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QUOTE(infested_ysy @ Feb 21 2018, 02:43 PM)
Ok. Opened my fsm account, waiting for activation.

I'll just dump RM10k into Manulife Investment Asia-Pacific REIT and forget about it until 5-10 years later.

What is the procedure like when you want to cash out? Click some buttons on your fsm account to offer selling off your units, and wait for someone else to buy them?
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Something like this, Click sell, select how many units you want to sell, click sell. Key in password. Click OK. Wait for money to be deposited back into your account or FSM CMF account.
MUM
post Feb 21 2018, 02:51 PM

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QUOTE(infested_ysy @ Feb 21 2018, 02:43 PM)
Ok. Opened my fsm account, waiting for activation.
good welcome to the club
I'll just dump RM10k into Manulife Investment Asia-Pacific REIT and forget about it until 5-10 years later.
just hope that you know what you are doing and had read about the risks of investing in Reits funds
What is the procedure like when you want to cash out? Click some buttons on your fsm account to offer selling off your units, and wait for someone else to buy them?
read this link to the Selling funds in FSM FAQs...the answers are there
https://www.fundsupermart.com.my/main/faq/0...ling-Funds-8278
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This post has been edited by MUM: Feb 21 2018, 02:52 PM
gohgsc
post Feb 21 2018, 02:59 PM

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I am new to FSM, appreciate if someone can answer my below questions:
1. May I know can buy bonds via FSM?
2. What is the benefit of buying via FSM instead of bank/securities firm?
Thank you.

Ramjade
post Feb 21 2018, 03:01 PM

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QUOTE(gohgsc @ Feb 21 2018, 02:59 PM)
I am new to FSM, appreciate if someone can answer my below questions:
1. May I know can buy bonds via FSM?
2. What is the benefit of buying via FSM instead of bank/securities firm?
Thank you.
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FSM sells 2 kinds. Bonds and bond funds please know the difference between them.

For bonds, usually you need to be priority customer before banks will offer you to buy bonds. However FSM let you buy at way way cheaper price.
gohgsc
post Feb 21 2018, 03:05 PM

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QUOTE(Ramjade @ Feb 21 2018, 03:01 PM)
FSM sells 2 kinds. Bonds and bond funds please know the difference between them.

For bonds,  usually you need to be priority customer before banks will offer you to buy bonds. However FSM let you buy at way way cheaper price.
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Thank you for answering my queries. What I am interested is bond, not bond fund. Can describe in more detail how to buy bond via FSM, what do you mean buy at cheaper price via FSM?
MUM
post Feb 21 2018, 03:08 PM

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QUOTE(gohgsc @ Feb 21 2018, 02:59 PM)
I am new to FSM, appreciate if someone can answer my below questions:
1. May I know can buy bonds via FSM?
yes,...FSM do sell bond
https://www.fundsupermart.com.my/fsm/bonds/home
https://www.fundsupermart.com.my/fsm/bonds/faq
2. What is the benefit of buying via FSM instead of bank/securities firm?
may these as mentioned in the web..
https://www.fundsupermart.com.my/fsm/bonds/new-to-bonds
Thank you.
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This post has been edited by MUM: Feb 21 2018, 03:09 PM
Ramjade
post Feb 21 2018, 03:12 PM

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QUOTE(gohgsc @ Feb 21 2018, 03:05 PM)
Thank you for answering my queries. What I am interested is bond, not bond fund. Can describe in more detail how to buy bond via FSM, what do you mean buy at cheaper price via FSM?
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I am not familiar with buying bonds via FSM. Better to consult their customer service.
Cheaper as in before FSM were selling bonds, one usually need to cough up RM200k just to buy bonds from banks. Now, I think one only need RM5k to buy bonds from FSM. Again best to check with customer service.
infested_ysy
post Feb 21 2018, 04:39 PM

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What do you guys think about Manulife India Equity Fund? It looks pretty alright too.


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killdavid
post Feb 21 2018, 04:49 PM

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QUOTE(infested_ysy @ Feb 21 2018, 04:39 PM)
What do you guys think about Manulife India Equity Fund? It looks pretty alright too.
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Manulife India is going through a bumpy ride. YTD is -8%. India seem to be struggling with their local policies.
tonychua628
post Feb 21 2018, 04:52 PM

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Hi all sifus and senior, where can I see the price movement of unit trust? Try searching at Google but it show yesterday price
WhitE LighteR
post Feb 21 2018, 04:53 PM

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QUOTE(tonychua628 @ Feb 21 2018, 04:52 PM)
Hi all sifus and senior, where can I see the price movement of unit trust? Try searching at Google but it show yesterday price
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U can't. UT price is always late by one day
tonychua628
post Feb 21 2018, 04:55 PM

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QUOTE(WhitE LighteR @ Feb 21 2018, 04:53 PM)
U can't. UT price is always late by one day
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Huh? So you sell or buy base on yesterday price?
WhitE LighteR
post Feb 21 2018, 04:56 PM

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QUOTE(tonychua628 @ Feb 21 2018, 04:55 PM)
Huh? So you sell or buy base on yesterday price?
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Your purchase before 3pm is based on today's price. Which u will get the next day. I think u need to read back FSM FAQ

This post has been edited by WhitE LighteR: Feb 21 2018, 04:57 PM
tonychua628
post Feb 21 2018, 05:00 PM

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QUOTE(WhitE LighteR @ Feb 21 2018, 04:56 PM)
Your purchase before 3pm is based on today's price. Which u will get the next day. I think u need to read back FSM FAQ
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Thanks Bro will read the FAQ again
Ramjade
post Feb 21 2018, 05:58 PM

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QUOTE(tonychua628 @ Feb 21 2018, 04:52 PM)
Hi all sifus and senior, where can I see the price movement of unit trust? Try searching at Google but it show yesterday price
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You can try to see the price base on the index/ETF which track the index.

Why is that so? A UT is basically a basket/collection of stocks. How the fund perform will more or less be depend on the index which it try to beat. If the index drops by x%, for a good fund you expect price to drop by <x%. If the fund is worse, it will drop by >x%
i1899
post Feb 21 2018, 08:22 PM

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QUOTE(infested_ysy @ Feb 21 2018, 04:39 PM)
What do you guys think about Manulife India Equity Fund? It looks pretty alright too.
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see eut india.

besiegetank
post Feb 21 2018, 08:24 PM

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QUOTE(i1899 @ Feb 21 2018, 08:22 PM)
Looks like this year looks bleak for India...time to sell off soon then buy back next year.
i1899
post Feb 21 2018, 08:26 PM

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QUOTE(besiegetank @ Feb 21 2018, 08:24 PM)
Looks like this year looks bleak for India...time to sell off soon then buy back next year.
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i already sold all at price 1.0204. biggrin.gif now, 0.93xx


besiegetank
post Feb 21 2018, 08:49 PM

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QUOTE(i1899 @ Feb 21 2018, 08:26 PM)
i already sold all at price 1.0204. biggrin.gif  now, 0.93xx
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Good hindsight! I was deceived by FSM analysis last time cry.gif

FSM India
WhitE LighteR
post Feb 21 2018, 09:20 PM

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QUOTE(besiegetank @ Feb 21 2018, 08:49 PM)
Good hindsight! I was deceived by FSM analysis last time  cry.gif

FSM India
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Haha. Pity u.. really need to take all this articles with a pinch of salt

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