If you can get better offer, by all means go for it

Unless you will a staff there until retirement, chances that you will pay higher SC once you leave the bank, so that time only transfer to FSM

you see the fund size changes vs the cash changes in %, which changes more

Probably work few.more years..where cn I check the sales charge for.fsm?

NAV calculation includes liquid assets, right?
Injection of cash into stocks should not significantly increase the NAV.

available in their website, fund selector, fund sales charge, or their respective fund page

sometimes they do have promo

you may also consider eunittrust if you want even lower SC promo

But the stocks they converted could push the return higher, more so if more fund manager do the same

I saw they have promo for affin hwang select asia ex jpn quantum.fund..but still deciding.whether to enter this or ta global technology..looking for capital gain/produce.an.income fund

Say you inject RM1 to buy a single stock. There was only one stock being sold at RM1. That causes the stock value to rise to RM1.01. You already gained 1%!

Say you buy 1000 stocks simultaneously. 200 at RM1, 200 at RM1.01...200 at RM1.04. It's now being sold at RM1.05. You spent RM1020 on this, but it is worth RM1050. "Gain" of 2.94%!

1-2% may seem small to you, but with very illiquid small cap counters this is what happens. It's just the reality. In the past Pheim fun was punished because it used this trick to play play at a small counter and every day inflate the value of its fund.

This post has been edited by contestchris: Feb 13 2017, 10:17 PM

Careful. Dow is on the verge of hitting 20,400...balloon can burst at any moment...it could also burst in 5 years. I pray it waits for 1 more year at least so I can collect some capital gains first.

Not a big deal.. if you've been through a few world recessions they're pretty much always the same

yep. if I am here where I am after my family was hit by 1998 Asian crisis. I can face anything.

What happened in the Pheim case?

How long (how many days) does it take you to switch from one fund to another?

http://www.singaporelaw.sg/sglaw/laws-of-s...r-2010-sghc-277

27 It is not disputed that as a result of the rise in UET’s share price at the material time, 15 funds within the Pheim Group recorded a $1,086,989 increase in their NAVs. It is also not disputed that three accounts, namely Accounts 28 (ie, the Vittoria Fund), 101 and 106 would not have outperformed their benchmark returns for 2004 but for the rise in UET’s share price at the material time. As a consequence, Pheim Singapore earned an additional $50,000 in fees arising from the outperformance.

3 working days to be complete. But since I put in my order at today noon, it switched at today's NAV. Meaning I will gain/lose based on tomorrow's markets performance onwards.

Hi guys, really enjoyed reading everyone's views and insight on the current market trend.

I'd like to ask regarding CMF. If i gain certain profit after certain period of investing, i have options to transfer my gains to CMF or leave it in the fund. Any benefit if i just leave the profit as it is in the fund?

No benefit. That's why some people skim their funds.

Leave profits in the fund = the power of compound interest. Let it ride the up and downs. At 8% yearly returns your money will double in 9 years time if you do not touch the profits at all. If you take the profits, you only get 72% returns, rather than 100% returns, within that 9 year period.

Not true. You can skim profit and when it's low pump back the profit.

How to compound in UT? Market fluctuates, so at NAV RM1, your 1000 units worth RM1000 today. 5 years down the road with crazy ups and downs, on Feb 2022 the NAV somehow at RM1.10, but your units still maintain 1000 units, which only worth RM1100... am I missing something here?

What stock are you currently holding if i may ask ?


On the other hand, looks like the Dow is currently cruising upwards

I assumed you are asking, if got gains from the funds, should you move to CMF or leave in in those funds....

I assumed you have a portfolio of diverse asset/geographical funds in you portfolio

(On portfolio's asset class level)
I assumed you have determined a certain ratio of FI:EQ when you first set up a portfolio,
if you have, review and determine to see whether those ratio are still comfortable to you NOW.
if you have reviewed it, review it now with the current ratios (including the gains)
if you have, determine how much out of sync those ratios are......
if you have, determine how comfortable are you with those out of sync ratios value.
if you have and if you are still comfortable, don't shift those ratio from EQ to FI
else shift those gains from EQ to FI to the desired ratios

(on portfolio's composition level)
on determining which gains from the EQ funds to shift out? .....


I assumed you have determined a certain targeted % for each funds when you first set up a portfolio,
if you have, review and determine to see whether those % are still comfortable to you NOW.
if you have reviewed it, review it now with the current % (including the gains)
if you have, determine how much out of sync those % are......
if you have, determine how comfortable are you with those out of sync those % value. (review fund by fund)
if you have and if you are still comfortable (after taking into consideration of the current Star ratings too), don't shift those % from that fund(s) to others
else shift those excess % to other fund(s) to maintain them to the desired % level.

on your question of "Any benefit if i just leave the profit as it is in the fund?"
I assumed you meant left those gains in those funds....
Yes, you have a lot of units at lower prices.....(which could helps maintain your ROI of those funds in Green territories during corrections/dips to a certain extend)
No, the ratios or % of your asset/geographical compositions may be over your comfort zones.
Maybe, for you have to find it out during the next cycle of corrections/dips, how your emotions/psychological feeling are......have to really experience it to learnt it and adjust to it.

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