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FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D
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frankzane
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Jun 11 2023, 07:26 PM
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QUOTE(xander2k8 @ Jun 2 2023, 11:47 AM) Most UT are feeder funds anyway 🤦♀️ especially those foreign UTs so how you can avoid it in the 1st place because they will the word CIS Feeder fund will invest into a proper managed fund. So if that target fund is properly managed, why the worries?
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frankzane
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Jul 23 2023, 07:02 PM
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QUOTE(ccschua @ Jul 21 2023, 08:33 AM) may I sidestep a little has anyone open a singapore fsm account, whats ur experience ? the reason i am asking is clear, fsm offers the lowest fees on selling. more often than not, there are hidden fees not known to users, until the end of the day, an heart attack is known. so detail terms and conditions of fsm spore trading account related would be welcome. What are the hidden fees?
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frankzane
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Jul 27 2023, 01:46 PM
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Hi Sifus,
I have few doubt and hope to get answers from the experts:
1. I read before somewhere in the thread saying that if IFast/FSMOne go bankrupt, our funds will go back to the fund house. Is this term written in any of IFast/FSMOne policies?
2. Assuming no. 1 is true, what will happen if now the fund house/bank go into bankruptcy?
3. In any financial report of a fund, under the list of equities, the quantity invested in each companies, e.g. Gamuda Bhd 2,092,300; what is the 'unit' of these quantity? How can we translate that to the actual shares/lot of that company?
Thanks in advance.
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frankzane
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Sep 24 2023, 06:41 PM
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QUOTE(Drian @ Sep 20 2023, 02:27 PM) Just an update It's been quite a while now since I invested in Managed portfolio Balanced. I've been using it as benchmark for my own DIY. The result after roughly 6 years is ..... 3.2% Take note I added additional money to make it a round number of 10k a few years later but even that 1 year of FD can outperform managed fund. You would expect fund managers or the people who does this fund allocation to outperform you since they do this for a living ..... but it shows that even DIY investors can easily outperform fund managers. May I know how Managed Portfolio does the selling to reap profit? Do they do it automatically or will get permission from their client first?
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frankzane
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May 1 2024, 05:34 PM
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QUOTE(zebras @ Apr 17 2024, 03:33 PM) thats why i was bring this out, utilise both UT and ETF for different market/sector/asset class management fee is included into the NAV calculation and the UT returns are after deduction of management fee utilise UT for market/sector/asset class that can outperform the index utilise index ETF for market like US because it is very hard to outperform US index in long term and for EPF I-Invest and PRS tax incentive, you can only invest in UT, unless 1 day EPF allow us to invest in US ETF, then it will be no brainer to invest into US index ETF with EPF money The problem is most if not all UT beat the index (at least my portfolio). Apparently nobody knows whether an UT is appropriately benchmarked to an index. What if the benchmark is an 'easy' one, hence the UT can easily outperformed it.....
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frankzane
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May 22 2024, 04:49 PM
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Hi Sifus,
Currently, I have a stock that is offering scrip dividend. Should I take that offer, & what are the pros and cons?
Thanks.
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