I think that is under Ifast....
check this ....
https://www.ifastcapital.com.my/ifast/clien...ient-index.svdo
and contact them?.....
I think I will differs depending on the value...thus have to contact them to find out....

i think the point he trying to make is, why pay d extra rm400 since both FSM and eUT will give the same returns for the same fund

not sure if free switch between EQ>FI>EQ or vices versa using credit point system for eUT like those available in FSM....
if eUT does not have this credit point system...then this is another point for consideration too for investor that just wanted to "park" in FI while waiting for the storm to pass

what do you think?....

For 3rd party funds distributed by Phillip Mutual Bhd, they are 2 types of switching:
a) To funds from the same UTMC. This switching is at NO COST.
b) To funds from different UTMC. For this type of switching, you will incur minimal sales charge as imposed by the UTMC.

https://www.eunittrust.com.my/

If i am platinum acc with FI:EQ 9:1 then platform fees maybe kinda significant la.... if having the traditional FI: EQ 4:6 then i'd say the platform fees are not significant. btw 0.05 x 4 is 0.2, not 0.4%.

For POEMS, I think if got large amount e.g. around 50-100k RM at least then worth to transfer (at least for me), if not, the TT charges oledi a significant % liao.

This is just my opinion..

That's why some ppl believe to teach your children how to fish (invest for themselves) and leave nothing for them. They will then divide their estate while they are still alive (estate succession). That's how they avoid these taxes. Alternatively, some engage estate managers e.g. Whitman

Gone is one tone deaf, come another one whom dug his heels in.
The majority of this forum's patron are those young ones.
After few attempts why not just 'keep your gas to warm your stomach'.
There are many instances I thought of to say somethings, but hey, it is their money, it is their health, it is their time. For if one wants to sacrifice time and health over relatively negligible/trivial amounts of money, let them be.
But of course I advocate freedom of speech, let them say.
Should the speech is substantiated, it should be good for all, otherwise why bother.
If one cannot utilise their own intelligence and other resources to verify the talk-cock in a forum as such, and made their own judgement, why bother.
If we just stop commenting on these particular issues, some might find it no fun and will stop complaining.
That, I think will help to curate a more health and beneficial platform for people seeking valuable opinions.

This post has been edited by 2387581: Mar 7 2017, 01:04 AM

Isn't platform fees for bond funds only 0.2% a year? Pretty negligible IMO..not worth the time n effort to travel etc. Unless its a hugeee amount and for a long holding period. Ramjade young padawan you will learn one day;)

Xuzen's got a very valid point there. Hence I have made a list of assets/accounts to attach to my will in case I pass on early. Not that I have much, but thought it be best to reduce the hassle going hunting for em. However I'm all for a separate platform for UT investment..reason being I'm not comfortable leaving most of my investments in the hands of iFAST alone. What if they just disappear one day? How and when are we gona get our funds/cash back?

This post has been edited by drew86: Mar 7 2017, 07:22 AM

i guess it all boils down to which one factor you wan to tip the scale with. you got time to kill? then save up on money. you want to save on money? then kill the available time you have. to one his or her own i suppose?

Have you guys no thought that iFast have to answer to it's shareholders to increase it's income?

Only way to increase income is increase charges. It might not happen now, But will happen eventually especially if they have no competition to keep them in check.

They are a publicly listed company you know.

cross the bridge when you see it? many things might and might not happen. did you foresee a north korean dead in KLIA? all this tit for tat between malaysia and north korea? but you have time to spare and to go south and back. so you can do what you do. no wrong in that. just be careful when you travel though. safety first!

I guess if time is not valuable to certain someone, he will travel to world everyday to looks for cents meanwhile I believe most other people actually do have constructive things to do with their spare time. An importer could save money if he decided to travel and pay cash instead of TT to suppliers, but the time he wasted, how much opportunity lost

I couldn't have said it any better.

and again back to the idea of scales, what factors will you use to tip it to find balance. one benefit found might be one thing lost.

hi guys, may i know is there a page in FSM website that states all the costs for investing via FSM? I am reading a book currently and the author recommends low cost index funds over mutual funds for the reason that mutual funds often possess a lot of hidden charges.

I guess, we're ikan bilis that don't have the access to US low cost index funds..
Plus Local funds normally beat the index..

Forget about me tavelling. That's my choice.

The topic is what are you guys going to do if they remove the sales charge and start charging platform fees. Keep in mind that's how FSM SG started. First 2% SC, then insurance, start cutting SC, then implementing platform fees for everything.

You do know that many companies in the world moves away from one time charge to anmual charge? (microsoft, Adobe)

Up to you guys. You guys prefer to give free money to FSM every year, be my guest. I will not pay them platform fees if I can help it. Platform fees might be negligible but it's still cost and cost adds up over time. Like a drop of water can fill a pail over night. Maybe FSM MY should do away with service charge and start implementing platform fees for all funds? That's a nice idea. Recurrent annual income. Don't need to do anything, sit back get money from your customers. Guaranteed cash flow annually.

FSM charge you 2% for equities. 0% for bond but they have platform fees of 0.04% per quarter which this few pages have been about.

Some say platform fees of 0.2% is negligible but up to you. For me, 0.2% is still profit over time.

We malaysians don't have access to low cost index fund. Only choose low cost index fund if available funds cannot beat the index. Otherwise, choose funds which can beat the index.

This post has been edited by Ramjade: Mar 7 2017, 09:23 AM

Seriously I love to see that happen, if FSM MY starting doing away with SC and implementing the SG scheme of platform fees for everything, then eUT MY will be following the counterpart POEMS SG where everything will be 0% SC and 0% platform fees. As it is now, by riding on the endless promotions and free intra switching, one is already able to get away from paying any SC.

For someone who can't even afford to deposit MYR 5,000 and yet make so much noise. (If he can afford more than MYR 5K, he would have at a snap of a finger go to eUT liao for 0% SC & no platform fee liao).

MYR 5K x 0.4% = MYR 20.00 per year. Instead go and choose to spend around MYR 400.00 per trip to SG to avoid platform fee.

Still cannot brain it

Xuzen

This post has been edited by xuzen: Mar 7 2017, 11:11 AM

job creation for the jobless.i call time wastage someone else call time usage. what to do. one day trip to sg to generate rm20...

This post has been edited by HarpArtist: Mar 7 2017, 11:43 AM

Off-topic warning
aiya - when i was younger & stupider (now still stupid but then was stupidER ), more crazy stuff to "save $" but paid in time/health/relations

the young-uns will learn - sooner or later, there is a "price" to be paid for everything.
nothing is free in this world, except maybe your parents' love/care (note the "maybe" heheh)