I did not follow ....was just asking....
does a major part of that fund performance caused by the MYR depreciation of the last few years?

yes,...depends on individuals.....
like your example....I do that too,...I eat at mamak stalls next door bcos I got not more money after I paid for the hotel stay.....
like your example....do you park free at the hotel which you don't stay but eat outside?.....like Yklooi story about using Tesco facilities but not buying from Tesco...?

yes...it depends on individuals.....
the world is like that,...for some things/incidents, if you don't take, some one else would.....

but just don't do it in front of our children.....

Thanks. Finally someone who appreciate what I write.
He does not have it. My guess is he will say stay with selina/affin hwang select bond fund. Jgn pandai2 beli high risk fund.
Yes that's true. But now that ringgit is "pegged" against the USD I don't a repeat of performance.

But if you look at that united fund performance purely from SGD point of view (our only info) for 3 years, that performance is impresaive.

yklooi happens at my place. Tesco is there. All shoplots building also there. All office people park their car at tesco sheltered car park. If park outside in hot sun, kena put 50c coupon/hour. If one works from 9-5, 8hrs x 50c = RM4/day x 20 days = RM80 gone.

The question is do you want to save RM80/month and park under the shade or park outside in the hot sun? Is RM80/month a moral issue when your whole office people park in tesco, and there are still plenty of parking space for shoppers? (this is a true story - all office people park in tesco but the tesco at my place still have lots of space). Anyway I can cut cost, I will take it. RM80 save = RM960/year. That 50c doesn't look so small anymore is it

Let me give you another eg. If you have to IBG 10 people a month, what do you do? Do it and pay RM1.10?
RM1.10 x 12 = RM13.20

Or you just IBG once to a bank account which give free IBG and IBFT and pay only RM0.11/month. Total for the year RM1.32. RM0.11 doesn't look so small anymore right?

Total savings = 90%

Anyway ini sudah OT.

Of course it's high risk. It invest in junk bonds. Bonds with high return rate in exchange for maybe it can default. The higher the return of the bond, the more likely it's going to default. However based on FSM SG screening, it's among the low volatility high yield bond fund which makes it a good buy.

That's why it's categorize as wholesale funds. In SG it's not. Everyone can buy. Maybe because their financial literacy is higher than ours?

I am new to FSM, but I bought CIMB Principal Global Titans Fund last month and it seems to be performing badly. Any comment on this UT?

It's wholesale fund in malaysia. Just accept FSM TnC before they let you buy. Wholesale in malaysia means for hnwi. You don't need to hnwi if you want to buy. Just agreee only.
It's open to everyone in SG. Anyone in SG can buy the fund at SGD1k. No need to agreee to any TnC. Read carefully

Don't buy because I said it's a good fund. For you know I can be con man.[COLOR=red]

Just discuss here. It's still UT. Just different platform only what. Who want to buy from eUT,  let them buy lo. Who wants to buy from FSM buy from FSM. No one is holding a gun to yohr head saying must buy from only FSM/eUT.

Lol its getting chaotic here.

Same to my thread. Lol

What is my view? I have no view as I do not participate in it. But to answer it objectively:

United Asian High Yield - MYR has only one year historical data, that is, 22.38% p.a.

United Asian High Yield - SGD one year return is 11.07%

One year ago, One SGD = MYR 2.8715; Today the rate is One SGD = MYR 3.1538

Let us assume you put in One thousand SGD in United High Yield - SGD one year ago, today, your value will be SGD 1,110.70. This value when converted to MYR as of today value is SGD 1,110.70 x 3.1538 = MYR 3,502.96

One year ago, you put in MYR 2,871.50 (equivalent to one thousand SGD) into United High Yield - MYR, today you will get MYR 3,514.14.

From this you see the difference, when adjusted for forex, the real return is lebih-kurang sahaja.

Hence the difference in the ROI is due to the forex factor. Hence if you go to SG and buy the United HYF or buy from Malaysia not much difference

==================================

On to my next writing, generally when I write, I have in my mind a set of target audience that is the retail segment. The regular Joe and average investor. Hence I do not study nor give views on UTF that are targeted at "sophisticated investor" nor wholesale fund nor UTF for HNWI. These group usually have their own advisors already, no need to read nor listen to us bunch of amateur / ikan-bilis investor.

Unlike someone else, on one hand claim to be a student just graduated, but can participate in UTF that are targeted at "sophisticated investor" or with high entrance value. Either he does not hold that UTF in question, or he is not who he claim to be. Either way, he is a faker or poser. Take his advise with a bucketful of salt!
 
==================================

Xuzen

Actually many FSM spies here. After he showed that much of info, his identity will soon be fully revealed.

Don't think so. Just do a search on people invest 10k in United Asia HY Fund that will immediately remove 95% of subscribers, and the rest .... piece of cake ! 

Fsm spies so what. They know how much every one got. Believe me, they see my portfolio, they muntah  Why? Ini budak miskin  vs all the unker aunites holding platinum status. I tak da status pun.
Bank also know how much you have la. 

Aiyaya you misunderstand lar.

FSM staff lar.

They have access to the database anyway !

You've probably just scared the shit off him lol. Dude might be having sleepless nights hahah.

The way for a FSM representative to identify "Ramjade" would be first to look for clients with an investment of RM10K with United Nation High Yield Bond, followed by those with returns of 4.06% and 6.76% in AmAsia Pacific Rates and Manulife Investment Reits.

If the staffs of FSM are too busy to identify him, i could volunteer to help them to track him down as long as I'm given access to their database  

Aiyaya you misunderstand lar.

FSM staff lar.

They have access to the database anyway !

WTF lol, you can't blame him for using an outdated OS. His probably trying to keep cost low bro.

Got to save those unnecessary upgrades  

Imagine spending over RM200++ on each time microsoft releases a new OS.    
Anway, Ramjade, i was just joking man. Feeling really pissed and decided to pull your leg a little haha

hi... I'm new to FSM. I wonder, is FSM the best platform for UT?? I googled but it seems there are also POEMS and DollarDex. Which is better?

and if I sign up for FSM (M'sia), can I invest in UT based in Singapore??

Hi all the sifu. Good morning. This is going to be my first post here.
Firstly may i ask about the credibility of FSM ? I have been putting some money here since 2012, but feeling skeptical to put more as it's an online platform... Used to invest with banks and public mutual in person...

I am currently still investing with bank and Public Mutual but i really dislike their high sales charge and constantly changing of bank staffs.
Hoping to hear some testimonials from everyone before i switch all my hard earned money to FSM. Is there any link from authority saying that this platform is safe ?

I've tried to search for Fundsupermart at BNM and SC site before asking this question.

Thank you very much !

Regards.

Thanks for the reply.

I'm still waiting my Regular Savings Fund to break even even i have invested it few years ago. Quite disappointed with it as my other Malaysia fund already giving me ok return, but this regular saving fund is not performing at all.

By the way, you mean we are able to switch our public mutual fund to FSM ? 0%? I searched the website but i don't see any forms to transfer from Public Mutual to FSM... Other fund house yes...

I must have missed something.. do you mind to enlighten me ?

Thanks!

Regards.

Here's some info from FSM on transferring in :-

https://www.fundsupermart.com.my/main/buysell/transferIn.tpl?
https://www.fundsupermart.com.my/main/faq/faq.svdo?id=7922

Please note though that the whole transferring IN process might take between 2 - 4 weeks or more if docs are not received in order.

Dear all, thanks for the response. Didn't expect so many would answer to my post.

Fyi i have invested for around 4 years, not sure exactly how long already. From the statement i can see that i am still losing around 5% (included sales charge).

I was advised to keep it, as it would be very "sayang" since I've already held it for few years, and Malaysia market is recovering, somemore I can keep it there to enjoy the next distribution​. Asked some experienced bankers and they gave me the same advises.

Any advise from sifu here ? After listened to that I'm hesitating should i wait for it to break even first, or should i cut it and invest in Fsm?

its all about timing and market performance.
for eg. KGF  if u enter before feb you already gets 12% now
and also advice from sifu here.....

me too....seriously?

can recall which SIFUS here advise "timing" the mkts...
any idea why February 2017 was the "RIGHT" time to go in?

 

my sifu told me buy everything when market is bad. remember when our currency drop til 4.5 on feb? thats the best time u buy shares and ut