https://www.eunittrust.com.my/fundInfo/promotions.asp

Don't know how often they update the page. Tell me about it. The SG interface also

All FSM bond funds have 0% SC but you pay platform fees la every quarter.

Management fees the manager is doing work. That one ok la pay.
Service charge, one time payment for using FSM website. Ok pay like brokerage fees.
But platform fees? Why need to pay every year? You don't see brokerage charging platform fees.

Thanks for the info. I am looking for platform for Affin Select Bond Fund with 0% SC and 0% platform fees.

SG 0% SC, 0% platform fees

One trip down = min SGD60 save vs TTing using banks even after count transport

It's all about principles. I refused to pay for platform fees/annual fees. You want to pay you pay. Why should one pay if someone kasi you for free? You so much money? Better I pay the platform fees to charity then FSM. Free no good paid also no good?

This post has been edited by Ramjade: Mar 6 2017, 10:03 PM

Nice. Must keep an eye on eUT already
Now we know we have alternatives to platform free affin hwang select bond fund. The only question is when is the next promo...

This post has been edited by Ramjade: Mar 6 2017, 10:06 PM

Distribution is not important in UT. In addition, for a stable bond fund, one can buy anytime.

Thanks for the heads up. Will buy during that time.

It's save SGD60 not spend SGD60. Yes. That's what I do to minimize cost + eat in SG. SG food only SGD2/meal. Cheap. Bus ticket also SGD0.7x only.

Nope. Will never park that much. But I do not like paying more than necessary. Again org kasi you free, you nak bayar?

It's a personal principle to NOT PAY for platform fees if possible as overtime, platform fees > service charge = less returns. With platform fees = less money masuk pocket.

RM400 also money. Cukup utk 5x buffet

This post has been edited by Ramjade: Mar 6 2017, 10:19 PM

xuzen we will see won't we

Keep in mind some people said malaysia going to introduce death tax aka inheritance tax after GE. Not sure true or not. Don't know how to overcome this. One shot like US tax 40% of the total value...

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.

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

What index fund you are looking for? All ETFs are traded on exchange. Depending on what ETF are you looking at and in what currency, you can check them out via Google finance/Yahoo finance.

You can try Bloomberg if you want to see the index.
Eg. MSCI AC Asia Pacific Index

For ETFs, just google the ETF.
Eg iShares MSCI Pacific ex Japan ETF (this is the one is traded in the US which will cost 30% tax on withholding dividend)
Eg iShares MSCI Pacific ex-Japan UCITS ETF (this one is traded in the UK which with only 15% withholding tax)


xuzen, puchongite the savings is actually higher. I am being too humble The savings is about x% (single digit) for each trip. And no I don't go down there just to avoid platform fees. There's totally wasting time and money If you have the choice between not paying platform fee and service charge vs paying for platform fees and not the service charge, why choose the latter.

This post has been edited by Ramjade: Mar 7 2017, 12:17 PM

Eg of beating the index


Eg of not beating the index


For Malaysia (Taken from Bursa Saham)

Er how about long term then? Say 5-10 years?

No no. What I meant is for those long term people with bond allocation since you said platform fees is for short term people. So what about those long term people holding some bond funds. What choice do they have? Takkan want to switch all to equities meh?

Correction. Plus for RM3k tax relief. You want to pay less income tax, then buy PRS.

This post has been edited by Ramjade: Mar 7 2017, 02:49 PM

Chill la. I express my views. Those who listen and think the 0.2% is significant (like me) need to do planning.
Those who are happy to pay the 0.2%, just continue paying lo.

You only have unitl 2021. After that should the gov decide not to extend the benefits, no point pumping into PRS already.

This post has been edited by Ramjade: Mar 7 2017, 03:15 PM

Automatic credit. But credit where don't know. Should be into PRS. Yes. You use FSM to buy, you pay 0% service charge vs banks at 3%. Student/unemployed person can buy PRS. The PRS fund will be in your name.

Yup. Unless the govt decided to extend But my guts feeling saying they won't extend as for every tax relief they give, they are losing tax income.
Further proof: RM3k for buying laptop/PC consolidate become RM2500 which include books. Use to be books RM1k, computer RM3k (once every 3 years) + cost cutting here and there.

This post has been edited by Ramjade: Mar 7 2017, 03:32 PM

Actually you need to apply all that from FSM

There's good fund like Cimb Asia Pacific PRS which feeds directly into Ponzi 2

Yes.

Buy 1 only.No point getting so many PRS funds.