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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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thecurious
post Feb 3 2021, 11:43 AM

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QUOTE(ky33li @ Feb 3 2021, 11:17 AM)
That's why i ask you to check out Blackrock Next Generation Technology Fund. They are buying into this fund, just like Affin Hwang Disruptive Innovation Fund into Nikko Ark Disruptive Innovation Fund.
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Reply to wrong person. I didn't ask about this.
thecurious
post Feb 3 2021, 12:04 PM

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QUOTE(yycclin @ Feb 3 2021, 11:37 AM)
I bought the Kenanga fund thru I-Accout from EPF online.( EPF Platform )
 
I request the transfer simply because i want to cut/ redeem 50% of the fund ( Kenanga ) and use that amount to buy other new fund..
But as my fund was in EPF account ( Eunittrust, acct no - 1000xxxx ), I was not allow to do online redemption, unless i convert it to
eUnittrust Cash Acct. This conversion can only be done by going to their office and sign the hard copy forms.( to transfer total amount
from eUnittrust EPF acct to eUnittrust Cash Acct ) after approval and the money is successfully parked at eUnittrust Cash Acct,
then only I can do online redemption.

I went to eUnittrust office ( 19/10 or 20/10, cant remember the actual date )and filled up the transfer forms as requested.
after few days, when i see the money/ fund appeared in my  eUnittrust Cash Acct, I performed online redemption immediately
without realizing there was a dropped in "Market Value"

Thats how the problem come in...Customer service try to explain to me about the unrealising profits,,
making me more confused  :confused:  ranting.gif
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It's like you refused to listen to reason and logic.
Well then, hopefully someone else will be able to help to explain to you.
thecurious
post Feb 3 2021, 12:47 PM

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QUOTE(Gatsby IT @ Feb 3 2021, 12:44 PM)
Actually I did calculation both resulted in similar and I would agree 0.3% over 30years over total sum would result higher fees than 1.5% per entry . But I'm just thinking if SG buying into direct fund instead to feeder fund that would easily be another 1% better performance there annually .
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There is also the consideration of conversion costs to and from SGD when you deposit and withdraw. And forex gain or loss.
Just noting that there will be additional factors to consider
thecurious
post Feb 3 2021, 01:03 PM

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QUOTE(ky33li @ Feb 3 2021, 12:56 PM)
Yes definitely i have considered that. Conversion cost is around 0.5% but I m of the view SGD will appreciate MYR long term.

So far the returns i earn from Malaysia unit trusts are not as good as the ones in Singapore.

I am aware of the charges but I agree with you. Not sure I can hold a fund for so long. I think things changes very fast now. We have to constantly change to adapt to market conditions.
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I also considered to go for fsm sg to get get the sg UTs but ultimately since the forex gain or loses will be calculated inside those SGD domiciled funds.

Was thinking might not be much difference compare to buying those SGD domiciled funds from local fund house.
thecurious
post Feb 4 2021, 09:17 AM

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QUOTE(adix4 @ Feb 4 2021, 09:10 AM)
Hi guys need your opinion, 4 funds in my mind (Shariah)

Which either one should I choose :/ this is my second fund that I will invest in

1. Affin Hwang AIIMAN Asia (Ex Japan) Growth Fund - MYR
2. Aberdeen Standard Islamic World Equity Fund - Class A
3. Principal Greater China Equity Fund - MYR
4. Eastspring Investments Dinasti Equity Fund
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Don't just look at it standalone.
What is your objective for the second fund?
To increase your allocation in a certain sector?
As a risk hedging to the first fund?
If you know your objective then it will be clearer for yourself when you choose the next fund.
thecurious
post Feb 4 2021, 10:14 AM

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QUOTE(ganesh1696 @ Feb 4 2021, 07:41 AM)
Hi,
Can anyone please explain why the sales charge for a fund (eg: AFFIN HWANG funds) is 1.5% in FSMONE and EUNITTRUST whereas AFFIN HWANG INVESTMENT BANK's sales charge is 5.5%?
Why there's such difference in SC?
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5.5% is the general offline sales charge not specific to affin hwang, other fund houses charges that range as well.
1.5% is generally the new benchmark for online sales charges.
thecurious
post Feb 22 2021, 05:02 PM

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QUOTE(ryse_photo @ Feb 22 2021, 04:44 PM)
i guess we have the same view biggrin.gif , reducing MY bond & eq. thanks for the opinion.

but i have set max exposure towards china eq att 40%..
really tempting because china really performed last year
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Just curious, you said you believe in malaysia growth then why want to reduce the percentage? is 18% considered large in your portfolio? Your china has 40% right?
Unless you meant reducing the sukuk portion?
thecurious
post Feb 24 2021, 07:35 PM

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QUOTE(jj_jz @ Feb 24 2021, 06:49 PM)
+1, received the email and read through the official statement from principal, not really understand
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Maybe extract the worrying part so that people here can see it?
thecurious
post Feb 26 2021, 02:01 PM

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QUOTE(eenong89 @ Feb 26 2021, 01:47 PM)
Minimum Initial Investment : MYR 5,000.00
Minimum Subsequent Investment : MYR 5,000.00

Need to have plenty of bullet to DCA....  rclxm9.gif  rclxm9.gif  rclxm9.gif
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Don't forget about the minimum redemption 5,000 units
thecurious
post Mar 3 2021, 01:08 PM

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QUOTE(roarus @ Mar 3 2021, 01:00 PM)
Interpac Dana Safi good again now? If I recall correctly, didn't that fund got burned couple of years back?
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They follow bursa trend now. Glove bull they buy glove. Tech bull they buy tech. They have 70++% in tech now.
thecurious
post Mar 9 2021, 10:32 AM

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QUOTE(merajey @ Mar 9 2021, 10:20 AM)
the full name is BIMB iGrowth fund.
I allocated 10% for each of them since I am quite new.
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Growth fund cannot 10%...you likely buy and sell every other day or every week...
thecurious
post Mar 9 2021, 07:02 PM

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QUOTE(5p3ak @ Mar 9 2021, 07:01 PM)
what's happening with it?  hmm.gif
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Disrupting his inner peace
thecurious
post Mar 9 2021, 09:41 PM

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QUOTE(diversity @ Mar 9 2021, 09:38 PM)
Thanks bro, didnt know that. Feel a bit better now heh

How can one know about the income distribution one? Sorry newbie here
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You can check at the fund page, historical income distribution.
thecurious
post Mar 22 2021, 02:47 PM

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QUOTE(Barricade @ Mar 22 2021, 02:17 PM)
does't matter any amount?
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The number of units should not affect the asset class categorization.
thecurious
post Mar 27 2021, 10:21 AM

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QUOTE(rojakwhacker @ Mar 27 2021, 09:41 AM)
Sounds like US and China fund will only be up next year? hmm.gif
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Thats likely not what he meant lol
thecurious
post Mar 30 2021, 08:47 PM

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QUOTE(ironman16 @ Mar 30 2021, 08:45 PM)
Dear Investor,

Weโ€™re happy to inform that as part of our campaign, you are one of the first 1,000 investors who have successfully placed a trade with us and as such, are rewarded with RM100 worth of RHB Cash Management Fund 2^!

The RM100 worth of RHB Cash Management Fund 2 will be credited into your FSMOne personal account latest by 9 April 2021.

We thank you for supporting the launch of FSMOne stocks and ETFs trading services. We hope you will find our trading platform useful, informative and easy to navigate. As you continue to try our platform, do check out our current campaign, 0% commission on all stocks and ETFs running for a month till 30 April 2021.

๐Ÿ˜๐Ÿ˜๐Ÿ˜
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You're always the first to new feature! Congratulations!
thecurious
post Mar 31 2021, 12:27 AM

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QUOTE(ChessRook @ Mar 31 2021, 12:03 AM)
Anyone know what happen to RHB islamic bond fund? YTD is -11.04%. I donโ€™t think it is income distribution as the past few years distribution is in September. Any of its bond holdings has problems?
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Possibly relate to downgrade of mex sukuk, front page of FSM.
thecurious
post Apr 3 2021, 12:47 PM

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QUOTE(papyrous @ Apr 3 2021, 12:35 PM)
Hi guys, I want to try putting a bit into ETF. first timer on ETF, mind explaining what the high/low/open etc means and how to go about it? and comparing with UT fees how to know if itโ€™s worth it?

Thanks in advance
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There is an existing thread on malaysia etf. You can try to search that up first.
thecurious
post Apr 3 2021, 04:59 PM

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QUOTE(izzudrecoba @ Apr 3 2021, 04:54 PM)
Just invested in stocks - technology company - via FSMOne. Already recorded 6.3% ROI in two days. Grateful  icon_rolleyes.gif

A steep learning curve - still need to understand stocks fundamental as compared to UT. Happy to know that FSM supplemented articles under "Stocks & ETFs Ideas' on their website / app  thumbup.gif  brows.gif
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Remember that the ROI isn't yours until you realize it by selling.
thecurious
post Apr 5 2021, 03:03 PM

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QUOTE(KingArthurVI @ Apr 5 2021, 02:41 PM)
FPX limit only 30k a day, how to deposit more than that in one day? Can I transfer to cash account then pay from there? Never done more than 30k before
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Use more than 1 bank account...

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