No. NAV is affected by the price of the stock, fees.

Memang deserve it pun. No good = don't get award lo.

I am surprised they choose Amdynamic over Affin Select Bond

Funds that are awarded are not limited to what FSM sell. It bascially whole of Malaysia. Ponzi 2 used to win the award consecutively...

Don't know. Could be consistent returns?

I saw that. I don't know if it will keep going up. Really Avoid FSM SG at all cost. 0.4%pa platform fee (0.1% pq). The more fund you buy/the more money you pump in, the more you kena charge platform fees.

POEMS have "majority" of what FSM SG got at 0% service charge and 0% platform fees. So plan what you want to buy first or else you will kena charge switching fees.

I haven't started. Why?
1. No more money after pumping in my money into SGX for their REITS.
2. My POEMS account took longer to activate than my broker account
3. I was overseas when all the POEMS activation account arrive
4. I am waiting for perfect time to buy in. RIght now, everything is expensive.
5. I will start with United Asian HY Bond Fund to "pay for" my bank account.

I do not have FSM SG account. However I use FSM SG fund info to make my choices on what fund to buy.

shankar_dass93 of course can. But I learned everything I need to open account from the thread
opening a bank account in singapore

Keep in mind, that SG govt are now particularly strict in opening new bank account ESPECIALLY against MALAYSIANS (was told by the SG bankers) You know la what happen in SG banks which was caused by Malaysians

Right now, I only know of 2 ways to open account with them. Once these 2 ways are closed, there's no more way of opening account in SG. There used to be 3 ways. Now there are only 2 ways left. Of course if you are a priority customer, they will welcome you with open arms.

This post has been edited by Ramjade: Feb 28 2017, 07:30 PM

I have both but I will say Manulife beats Amasia since the day I held it. Both same amount. Bought Amasia earlier but Manulife performance compare to Amasia

But if you look at it, it's holding 50% in SG so for us it's redundant.

And you follow xuzen saying selina is awesome
I follow numbers.

Don't think so. That's for SG market. Competition is stiff there. Not only you have 2 competitors, banks are also joining into the competition. Some banks SC is only 0.75%-1%.

FSM SG is trying to make itself a one stop shopping place for everything. Even if you are noob in investing, can use their AI call MAPS which will buy/sell/switch for you stocks/ETF/bonds/UTs without any input from you. Great concept. Only flaw is it cost 0.5% pa platform fees. Not sure if additional normal platform fees also apply.

This post has been edited by Ramjade: Feb 28 2017, 11:15 PM

I think correction is coming

xuzen few questions
(i) how much % of the fund do you use to skim profit (eg 1-2%)?
(ii) do you certain target say fund A reaches 10% then you skin profit?

This post has been edited by Ramjade: Mar 1 2017, 02:14 PM

Check out the main fund United asian HY bond fund dist in SG. It have > 3 years data.

(2) 3 years volatility

(3) & (4) don't know.

I am still holding onto cash. Kind of too expensive to buy anything. Just look and see.

This post has been edited by Ramjade: Mar 2 2017, 10:23 PM

I use VCA as I find it wasteful to deploy my ammo when market is all time high. Unless you are chasing stock dividends...

Cimb Greater China, Manulife India lo.

Nope. I go for free service charge + best fund (within my reach) No point 0% SC, but fund is not the best

Switch to Manulife AP REITS (it's giving me 3.xx% close to 4% in less than 6 months). But then again this amasia after dividend is went up almost 1% after dividend (from 1.xx% to 2.xx%)

10 lots tenaga = RM13580

First correction means the market make a uturn and it will dive. How much it will dive, that no one can predict. After all we are ripe for a crash as 10 years is more or less up. With China bad debts, US rocketing higher than it's worth, people buying houses like crazy in the US, Trump removing the safeguards for banks, it's only a matter of time.

Most likely the whole world will be affected If a 2008 happened in the US again or China, no one is spared. Is whether you can stomach buying a fund which keep falling and falling...

You can buy little by little as if the correction never comes, you will just be sitting on cash not earning anything.

This post has been edited by Ramjade: Mar 3 2017, 03:53 PM

Damn I wish to see results like yours xuzen, now you got proof UT mana ada tipu org?

Care to share your strategy? RSP monthly, buy when market drops?

This post has been edited by Ramjade: Mar 3 2017, 05:39 PM