Does the variance of % annual mgmt fees charged by that individual ut or etfs plays a factor that will impact the returns of the investors?
The annual fees for ut is abt 2%pa while the annual fees for etf is 0.x%pa.

lets says comparing ARK Innovation UT under affinhwang/nikko am vs Ark innovation ETF

This post has been edited by yklooi: Nov 29 2021, 01:17 PM

My personal view is it is a factor but not the overall main dominating factor. Reason being typically for UT they do not just buy all the stocks that comprises of the index, if they do that then it is the same as ETF and yet they charge more fees? If that happen please just invest the ETF instead.

UT in order to outperform the index has the flexibility to invest in other stocks not inside the index and for some even invest in some high yielding bonds or other income generating instruments etc. This is why last time the some investor argument is UT is not an exact apple to apple comparison with ETF. UT need to do more work which translate to higher mgmt fees.

My past research indicates some UT typically follow 50-70% of the same stocks in the index. The remaining are in other stocks outside of the index and other investment stated above.

Again just to be fair to ETF supporters, there are quite a lot of under-performing UT throughout my 21 years of investing which can explain why ETF found many supporters over the years. The reason why I still have not entered ETF is in my earlier replies. CPF,dividend,fees criteria which maybe different for different investors. To also clarify, I have bought a few REIT aka dividend paying stocks just not ETF btw.

I think comparing ETF with UT is not a really apple to apple comparison. Perhaps ETF vs individual stock vs REIT stock is a closer comparison. They share the same fee structure each buy/sell pay fees, fractional aka odd lots selling etc.

on that,...i don't think they can be considered closer comparison,...
the amount of holdings they holds individually are different...
ETF should hold alot more holdings than Reits,...then Reits holds alot more holdings than individual stocks....
thus the returns and risk factors is alot more different.

it had been published in many articles, that management fees eats into returns....
the lower the fees, the better it is,....when all other are the same

This post has been edited by yklooi: Nov 29 2021, 04:27 PM

It would be so much appreciated if you can give some actual examples.

I can only guess now that you are Singapore based, investing out of your cash account(?).

How much are you investing and for how long ? If you say you are pretty quick to buy sell then yes transaction fees can be more expensive than sales charge and annual management fees. But tbh in my experience in Malaysian based UT (forgive my ignorance towards Singapore based)
There is less than a handful worth to keep more than 3 years. Another thing is I was under the assumption that buying ETF is almost zero fee for a Singaporean with access to TD, E*Trade, Schwab etc

HONG KONG, Nov 30 (Reuters) - Asian share markets were trading in positive territory on Tuesday as investors became cautiously optimistic the new Omicron variant might not cause a widespread global economic disruption to worsen the coronavirus pandemic.

Hope this is a piece of Good News to everyone, of cause to me

What happened to these ?
AH World Series - Asian High Yield Fund -13.5%
AH World Series - Global Disruptive - 15.96%

Katie Wood said something ?

I have checked the above please buy the ETF instead. Why does the UT charge higher fees where all they do is buy the stocks same as ETF ? The fund fact sheet updated Oct 2021. I suspect as the time goes by they may invest others like bonds etc else how can they outperform the ETF ?

I invest since 2000 the year FSM is launched. ETF is just like stock in SGX incur the same buy sell pay fees structure. But during my times each buy sell is 25++ per trade so 8.8 flat is good.

I am not sure if I can browse Malaysian based UT but in Spore based UT you can hold long term trust me. Let me give some fund house and you check on your end are they open for purchase. Bank managed fund sometimes not for sale to retail and their returns not so good maybe I dunno how to invest.

First Sentiers Group
Aberdeen
Schroders
Allianz
Lion Capital
Pinebridge
Fidelity
Nikko AM
JP Morgan
DWS Investment
Eastspring Investment
etc

Unlike stock, UT is really for medium to long term. You say not worth keeping for more than 3 years means the UT not performing well which I kena also. Try China India US in your allocation sure to have some returns no?

Avoid Spore,Msia,Indonesia,Thailand as single country. Their returns really low for the number of years I have held. If you want them find Asia Pacific UT which will include them together with other countries.

I manage to browse Msia FSM fund houses. Hmmm now I understand why some of you mention not worth holding more than 3 years. If I am in your shoes I will invest ETF too.

Note I am not implying those fund managers are weak just I cross check their performance with those Spore based hmmm. Also some religion theme fund really limit the stocks fund managers can buy.

Sorry as I am posting from my Spore based perspective. I think for you all ETF looks better bet for more returns.

After finding out I can access FSM Msia I do a scan. The recommended funds are not bad. But the Fund Selector Show Columns lack the Dividend Yield %, Dividend Frequency for those who want to target dividend paying UT.

Overall I think the number of Fund Managers are too little. Even the recommended funds section has too little funds.
For e.g Spore recommended funds section our selections are
Core Portfolio Equity,Asia Ex Japan,Asia Pacific Ex Japan,China,Europe,Global,Global Emerging Market,Greater China,Japan,US
Supplementary Portfolio. ASEAN,Emerging Europe,Latin America,China-Local,India,Msia,Russia,Spore
Sector Portfolio. Disruptive Innovation,Financials,Healthcare,Property,Resources,Technology,Asia Pac Property

When lee82gx mention very little funds worth to hold more than 3 years I now tend to agree with you. Your choices seem more limited so perhaps may want to consider ETF or even stocks. Maybe as times go by FSM Msia bring in more fund managers and funds you consider again.

Btw not sure how Bursa exchange charge but in Spore SGX, besides the 8.80 we pay to FSM we still need to pay some small percentage to SGX as fees. So while ETF,stocks offer faster or more profits please keep in mind all these charges. They are applied for every buy/sell and that includes RSP as well. These fees will add up depending on your trading frequency.

For SGX Reit stocks, instead of dividend payout we can opt for shares so these shares is like normal shares and you no need pay fees. I am not sure about Bursa Reit stocks though. Reit stocks are quite a hit with Spore investors. Got "allowance" and yet still remain invested in the stock. The capital gain may not be high but remember if you sell all, you need to find another stock or buy back again. This is quite troublesome for semi-passive investors.

https://www.fsmone.com.my/funds/research/ar...05-sales-charge

Any one find the 2022 key investment themes promotion at 0.5% any good? Limited Unit Trusts of course.

top up more china & great china

if i read correctly in FSM MY,...all dividend distribution payouts are reinvested in FSM MY platform.
also a dividend distribution of UTs are left hand pocket out and in right pocket....thus makes no different to the AUM,..

REIT stocks are also a separate class with special tax treatment in malaysia (I am not too sure, I think so).
Yes, frequent trading of ETF in Malaysia is same as stocks, which means fees all round similar to you, 8.8+stamp duty, tax, etc. It is not suitable to do frequent, and small amount trading.

Personally when I talk about ETF, I'm referring to VOO, VTI, QQQ, GLD or even ARRK (yucks for now) those kind of funds. Also the kinds that expose to China like KWEB, CXSE or KGRN. Exposure to high growth markets, basically. With international brokers, they are cheap to trade, liquid, transparent and expose you directly to the underlying securities. Personally I buy and trade QQQ, VOO type of ETF's with near 0 cost.

That;s why I initially say I am would start looking at Stashaway components if I want to buy funds.

Regarding Malaysian mutual trust funds, it is not by accident that Malaysia is one of the worst equity markets in the developing world. When this happens, coupled by Singapore's $ strength, a lot of talent and capital flow away. So we are stuck in a vicious loop for the equity market. Then you add the so-called religion based investment (!).

TA global tech has been pretty good. Sitting at 30% plus after 2 years.

I have taken a look at StashAway it seems you put in monies they choose the ETF based on your risk preferences. This mean you are unable to dictate which specific ETF to be bought by Stashaway for your portfolio. However I think the nice feature is you incur much lesser fees for buy/sell ETF if you are to buy/sell each of them individually yourself. Fractional lot is painful to sell. This strategy is very similar to FSM Managed Portfolio concept.

In order not to divert too much I will post in StashAway thread for further questions and keep this specific to FSM feature. This is basic courtesy I think.

Hi all,

Newbie to ETF investment. I had searched Google for info but still not confident. Hence would like to seek some advice.

Any recommendations for dividend paying ESG-related ETFs? Any regions and sectors are fine. Thanks.

Yes. thats a good one..

For me 2 + yrs, i received 50% profit on paper

Hi I notice the first post in this FSM Msia thread is by AIYH. I know this is a Msia forum so I would like to seek approval if I can share FSM Spore related stuff in this thread besides discussing about generic investment related stuff?

E.g I saw the FSM Msia promotion going on and now in FSM Spore we have also a new promotion going on.

i tried in FSM MY SITE,...
if you limit to just ESG-related ETF = No Data
if you did not limit it to ESG ETF = got data



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