you mean not even to hand pick own funds to buy in FSM?

Has anyone used Bond Express to purchase bonds before? How's your experience?

In the case of coupon payments, will they be sent to FSM cash account or direct bank transfer? How soon are these payments effected?

it will be sent to ur FSM cash account, i got it within the same day from the coupon payment day

1. How long to cash out to bank account?
2. Any interest rate earned on cash balances?
3. Can set instruction to automatically trf to bank account?

Hi may I ask about the bond platform fees of 0.045% per quarter.

I just purchased a bond today. I see that the platform fees are notified on 15th of the quarter month (in this case October 2023) and then charged on the 25th.

Will I need to pay platform fees this time then?

What happens if got zero money to pay the platform fees? They will do forced selling?

https://www.fsmone.com.my/support/frequentl...tUniqueKey=2507

33. When and how to I pay for the platform fee?
The quarterly platform fee will be calculated during the 25th of the months of January, April, July and October. Payment of the platform fee will follow this sequence.

Cash Acc (bond currency) on quarterly basis >> Cash Acc (MYR) on quarterly basis >> Coupon Payment (will be accumulated till coupon paid out) >> Upon Redemption (will be accumulated till redemption)

https://www.fsmone.com.my/support/frequentl...tUniqueKey=2507

33. When and how to I pay for the platform fee?
The quarterly platform fee will be calculated during the 25th of the months of January, April, July and October. Payment of the platform fee will follow this sequence.

Cash Acc (bond currency) on quarterly basis >> Cash Acc (MYR) on quarterly basis >> Coupon Payment (will be accumulated till coupon paid out) >> Upon Redemption (will be accumulated till redemption)

Ranting/venting a bit tonight.

I had been previously holding:

AmTactical Bond Class B (ATBCB)
AmDynamic Bond (ADB)

Somewhere around mid 2021 I sold off all of ADB and kept ATBCB

Since late 2021 ATBCB then nosedived spectacularly, while ADB went up steadily
I'm trying to understand how is this possible when both of them are similar (majority allocation in corporate bonds)

Is is something to do with ATBCB allocating foreign bonds and local Gov bonds?

When reading the annual report, ATBCB keeps pointing to US treasury rates for the decline, but then so many other bonds are doing well? :grrrr:

I was looking at the portfolio of the 2 bond funds. The main difference I can see is that ATBC has a larger exposure to foreign bonds (im guessing USD dominated, and probably China domicile USD bonds). ADB is concentrated on Malaysian corporates.

It has been a bad 2 years for bonds in general, but especially for USD denominated ones as US interest rates has gone to the roof (from 0 to 5.25%). Malaysian bonds are fairing better because BNM hike was quite moderate in comparison (1.75 to 3).

United Great Dragon Fund - MYR Hedged (A share)

New fund available on FSM start 14 jan 2021

Just wondering why nobody mention, suddenly saw bro Grumpy post on other side forum.
Thanks @GrumpyNooby
baru nampak @MUM oledi mention......

Hope it wont let me down seen i very support ......
         

UOBAM Malaysia launches United Great Dragon Fund

KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM Malaysia) has launched the United Great Dragon Fund to provide retail investors with access to China-listed companies set to become the future growth drivers of China’s economy.

The fund invests primarily in UOB Asset Management Ltd’s United China A-Shares Innovation Fund (target fund), which focuses on companies in China’s A-shares market.

"These companies are likely to be major beneficiaries of technology, innovation and long-term growth trends such as rising consumer affluence and growing urbanisation,” UOBAM Malaysia said in a statement today.

Chief executive officer Lim Suet Ling said China offers long-term potential for Malaysian investors who seek to capitalise on its growth opportunities.

She said the country is forecast to replace the United States as the world’s largest economy by 2028, as it shifts from an export-driven economy to one that focuses on high-growth industries driven by technological advancements.

https://www.thestar.com.my/business/2021/01...eat-dragon-fund

-49.26% as of now.

-49.26% as of now.

Nothing 🤦‍♀️ compared to KWEB, MCHI or FXI

Is it time to bottom fish China equities? 😂