Hi all, seek advise.

https://www.kwsp.gov.my/member/investment (see list of appointed FMI)

My fund (through FSM), Affin Hwang Aiiman Asia (ex Japan) Growth Fund - MYR Class was in suspended status for 2022/2023, other Affin Hwang funds for me is not attractive if switching out.

Should I sell all and buy other AxJ fund?

Thanks.

IMFO the ones worth looking at are global funds like Principal Global Titans Fund, Public Global Select Fund, local UT is a big no no to me 

It is not new as it happen to FSM Spore too. CPF (Msia EPF) also suspend mutual fund too. Reasons can be expense ratio too high, need fulfill more stringent reporting criteria etc. Mutual fund that comply will soon resume trading. Those that cannot will just be banned from taking CPF monies for invest in the fund. It can still proceed but just disallow to take investors CPF monies can only take all cash. Suspensions should not be too long like 3 months that is just not logical.

For my own experience it is about two weeks to one month after which the fund did proceed trading but no more can take CPF monies. Existing investor using CPF monies to invest prior is still invested but no longer can use CPF to add more to the fund.

Principal Global Titans Fund also suspended, anyone knows other EPF approved UT which has US exposure ?

From FSM fund selector, I see all China funds suspended. Suspend these funds means can't do RCA. Lol.

Aha now I get it. That is why Msia so exciting like Taiwan except never fight each other. Spore so boring every X years same party no bookie dare accept bets will change party or not.

It seems Msian harder to use EPF for unit trust investment. Why it has to be this way? Politics? In FSM Spore we have a good set of funds available for CPF though

lol is that a fishy movement to prevent capital outflow from Msia?

If it keep going on like this, FSM Msia will lose "revenue" and can only depend on cash investment in competition with others like SA etc. This does not bode well for FSM Msia. Who knows once it is unprofitable, FSM Msia will be closed and iFast (company for FSM) look to other countries to setup. Classic case of chasing away foreign investment since I think FSM Msia employ Msians as part of their staff payroll isn't it ?

Despite FSM Spore latest article to raise Msia rating to 3.5 stars it still does not convince me to buy Msia funds. Even Principal ASEAN Dynamic Fund Class SGD (fund size USD 15.97 mil) which is in FSM Spore I was so tempted and then saw it is domiciled in Msia I have doubts again.

any sources for reading up?

so old d still play high risk stuffs?

Asked FSM when they launched US ETF trading when they will launch ETF RSP but didn't get any confirmation. If they were to launch ETF RSP, probably can take away some business from existing MY based robo

I have since late last year. But strictly SGX,HKEX ETF no US ETF as those are expensive in FSM ETF RSP. You have to know if you go for the ETF RSP aka regular savings plan there are limitations as you are not DIY buy,sell from the stock exchange. I believe they consolidate everyone monies and buy,sell bulk order else how to explain I only need to pay less than 1 dollar fee for each buy fee?

Limitations
1. Can only buy once a month cutoff at 8th of each month
2. Can only sell once a month cutoff at 15th of each month. If you want to DIY sell (timing the market for e.g) those that are bought via RSP you go by their comm fee of XXX dollars very expensive
3. Only a list of approved ETF are offered in their RSP program so if you fancy some ETF and not in the list you cannot use this RSP. You need to DIY buy from market again at XXX dollars very expensive

This ETF RSP only good for really buy and hold investors (those looking to time in and out market no good due to limitations above). Minimum 50 for DCA amount but for some like Gold ETF it is 300.

E.g of HKEX fees
Exchange Settlement Fee(0.00400%) SGD 0.87
Exchange Stamp Duty(0.13000%) SGD 0.00
Exchange Trading Fee(0.00500%) SGD 0.01
Exchange Transaction Levy (FRC)(0.00015%) SGD 0.00
Exchange Transaction Levy (SFC)(0.00270%) SGD 0.00
Processing Fee (0.0%) SGD 0.00 (aka FSM processing fee)
Total Fees SGD 0.88

E.g of SGX fees
Exchange Clearing Fee(0.03250%) SGD 0.03
Exchange Settlement Instruction Fee SGD 0.37
Exchange Trading Fee(0.00750%) SGD 0.01
Processing Fee (0.0%) SGD 0.00 (aka FSM processing fee)
Total Fees SGD 0.41

Looking at so many fees levied by the respective SGX,HKEX stock exchanges for each buy,sell transaction I can roughly understand why even IBKR unable to offer 35 cents yet. Even Tiger, moo also cannot so we wait for one good broker can offer 35 cents for SGX,HKEX.

IBKR very big correct? Show us they big until can go that low lor. Or maybe a new broker come and challenge the norm

whats the red flag story of Robin?

Whenever I read posts like that reminds me of Arthur Anderson, Lehman Brothers and so many other big reputable companies fall from grace of previous years. But I guess every investor is entitled to their own opinion. I am still waiting for new broker to upset the norm (as in give me 35 cents or below fee for trading in Asian market stock exchanges) hope can see before I pass away 

Not trying to discredit IBKR here but seriously almost 50 years track record is nothing. Lehman Brothers began in the mid-19th century – 1844 and that is how many years history? The firm of Arthur Andersen was founded in 1913 by Arthur Andersen and Clarence DeLany as Andersen, DeLany & Co and that is how many years history? So track record although mean something say nothing when it fall it fall.

i thought payment for order flow is a common thing out west. its just business. the impact to investor is minimal if any iinm. u pay slight higher spread in exchange for the 0% sales fee.