Anyone has experience buying/selling small lot bond through FSMOne Bond Express ? How's the spread vs. full lot size ?

This post has been edited by leo2010: Aug 23 2023, 10:30 AM

Hi Sifus

I’m planning to invest in PRS fund for the tax relief, but looking at most of the funds, the performance seems to be quite poor. Does anyone know of some decent PRS funds?

So far the principal Islamic equity growth seems to be alright-ish

Most of the time, most investors invest in PRS funds is for the tax relief benefits.
The higher the tax bracket, the higher the benefits.

If you are risk adverse, try PRS conservatives funds..
More stable returns

this fund is already 20% in the red for me. stay away from PRS better put into EPF instead. EPF also has 3k tax relief.

most ppl would have that 3k epf quota filled in no time though

https://www.ppa.my/prs-funds-information/



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looks like islamic stuffs doing well

I have 2 PRS with FSM.

Kenanga OnePRS Growth Fund - since 2016, 17.05% return, 2.36% annualized.

PRINCIPAL PRS PLUS ASIA PACIFIC EX JAPAN EQUITY - CLASS C - since 2020, -3.38% so far

I'm in for tax relief, any profit made is a plus.

PRS tax relief is until 2025. So 3 more years to go (hopefully gov extends it).

FSM got lunch talk in Penang
Me not free to go. if dinner would be nicer.


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Eh? I thought processing fee would be 0% until end of the 2024 or all new and existing subscriptions. Based on the picture, seems like new subscriptions after 30th September would no longer enjoy the 0% processing fee

Edited: Just spoken to FSM customer service, and got this reply "The promotion will only applies to those ETFs that you have applied earlier. Those after the campaign will not eligible to the 0% processing fees".

So it applies to ETF RSP applied earlier, which is awesome

Anyone has any other good ETF under RSP list to recommend apart of VOO?
I was thinking to add SPY or QQQ but both are almost identical to VOO.

This post has been edited by Sitting Duck: Sep 1 2023, 02:58 PM

anyone traded US etf on FSMone?

Me doing RSP US etf.

SMH for semicon? semicon is the new oil

QQQ is not identical to VOO 🤦‍♀️ when VOO has BRKB and UNH as their top holdings 🤦‍♀️

VOO and SPY and IVV are basically the same thing 🤦‍♀️ as they benchmark against the S&P 500 index

The only thing that they are identical is that all of them hold magnificent 7 plus NVIDIA albeit QQQ has heavy weightage on it

Thanks for the recommendation. SMH looks very interesting.

Thanks for the feedback. It looked pretty same from their top 25 holding. So I did a quick check in chatgpt and got the following answer. Pretty interesting.

==== CHATGPT ====

SPY, VOO, and QQQ are all exchange-traded funds (ETFs) that are traded on the stock market, but they track different indices and have distinct characteristics. Here are the key differences between them:

Underlying Indices:

SPY (SPDR S&P 500 ETF Trust): SPY tracks the S&P 500 index, which consists of 500 of the largest publicly traded companies in the United States, covering various sectors of the economy. It is designed to represent the performance of the overall U.S. stock market.

VOO (Vanguard S&P 500 ETF): VOO also tracks the S&P 500 index, so it provides similar exposure to large-cap U.S. stocks as SPY. The main difference between the two is the issuer and expense ratio, with VOO being offered by Vanguard, known for its low-cost ETFs.

QQQ (Invesco QQQ Trust): QQQ tracks the NASDAQ-100 index, which includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange. These companies are often technology-focused, including major tech giants like Apple, Microsoft, Amazon, and Alphabet (Google).

Holdings:

SPY and VOO primarily consist of large-cap U.S. stocks, offering broad exposure to the U.S. equity market.

QQQ focuses on a narrower segment of the market, with an emphasis on technology and growth stocks. This makes it more tech-heavy compared to SPY and VOO, which have a more balanced sector allocation.

Performance and Risk:

The performance of these ETFs will vary based on the performance of their respective underlying indices. Historically, the NASDAQ-100 (tracked by QQQ) has shown more volatility and the potential for higher returns due to its tech-heavy composition, while the S&P 500 (tracked by SPY and VOO) is considered a broader representation of the overall U.S. market.

QQQ may be more volatile and may have higher potential for gains but also higher potential for losses compared to SPY and VOO.

Expense Ratios:

Expense ratios represent the annual fees charged by the ETF issuer to manage the fund. Generally, lower expense ratios are preferred by investors because they result in lower costs. VOO typically has a lower expense ratio compared to SPY, while QQQ's expense ratio is also competitive.
Dividend Yield:

SPY and VOO tend to have higher dividend yields compared to QQQ. This is because the S&P 500 index includes a broader range of companies, including those that pay dividends, while the NASDAQ-100 includes many growth-oriented companies that reinvest their profits rather than paying dividends.
In summary, the main differences between SPY, VOO, and QQQ lie in their underlying indices, sector exposures, risk profiles, and expense ratios. Your choice among these ETFs should align with your investment goals, risk tolerance, and preferences for sector exposure.

How about arkk and arkf? Or the lady boss is just full of hotair?

ARKK top holdings are full of shitty companies,

And she sold nvidia and missed the whole nvidia rally this year

https://fortune.com/2023/05/26/cathie-wood-...idia-shares-ai/

She seems so bitter