Please. Unit close is not because of ponzi. Ponzi scheme is paying the previous owner with new owner money. Amanah saham never close because it's a political fund. They cannot close. Also, they don't chase returns but keep the returns fixed. Hence they don't really need high returns.

Oh and btw, in case in the future if you have baby, you can sell away your baby portion of amanah saham since you are not happy with it They are giving every baby which is born with an account and some money inside.

Yes. If the fund is good and is closing and there is no alternative, I will dump more money inside. If I can find alternative, I wouldn't even be bothered.

Note: I am not putting any additional money in Eastspring smallcap.

This post has been edited by Ramjade: Apr 8 2017, 03:07 PM

I think he is just telling you that he/she is not comfortable with the amount of cash he/she is holding. If you give me anymore cash, I cannot perform as expected. If replacement fund still accept your money (like KGF), it means, not a problem for other fund managers.

Later on 13/4 I will update the reuslts of amasia vs manulife. Exactly one month from my last score keeping.

Manulife AP reits/Invest directly (I am doing both) but S-reits have been rising. So dividend kind of not worth buying it now. I am going to sell my FSM MY when the time comes.

This post has been edited by Ramjade: Apr 9 2017, 07:01 PM

Avangelice, just to tease you, these are the yield of S-reits
http://reitdata.com/category/yield/

Bonus point: all counters on SGX are 100% tax free. S-reit have no withholding tax unlike M-reits

This post has been edited by Ramjade: Apr 9 2017, 07:19 PM

His performance at RHB is nothing compare to Eastspring/KGF.

I was comparing Eastspring smallcap, Rhb smart treasure and Kenanga growth fund

I don't agree with this statement. When the legendary emerging market of Templeton fund Mark Mobius left Templeton, investors follow him to the next company.

Why?
- Because you are paying for the fund manager expertise. You are not paying for the fund's name.
- A good fund manager is a gem which must ne kept.

Hell yes. Fund name not important. What's important is that fund manager. Let me quote a phrase I read from one of SG blogger.
"A reit with good manager with bad properties is better than a reit with bad manager and good properties. This is because a good manager can turn things around."

This applies to UT as well. A good manager makes all the difference. Don't believe me? See public mutual funds vs KGF.

This post has been edited by Ramjade: Apr 10 2017, 09:15 PM

Not to forget. Remember. Your loyalty lies with your money. Whoever can give you a better deal/return, that person should get your money. That's what I always emphasise and practice.

That's why if a bank can give me better deals (interest/exchange rate), that bank will get me as their customer.

This post has been edited by Ramjade: Apr 10 2017, 11:08 PM

No need to ponder. When Mark Mobius left templeton, people tarik their money out also what and follow him. Same thing. If warren buffet issue a sell, everyone will sell. If he issue a buy, everyone will buy.

Total paid = 2.06% which you don't see. All counted into the NAV already.

Amanah saham fixed price fund. Buy and sell at RM1/unit. Guaranteed cannot lose money

Quantum fund tutup liao. Cannot buy anymore. Can only sell

If you want follow turtle investor style then ya. Even then, I avoid it for MY portfolio (soon to be removed and transferred to SG) and my planned SG counter part.

Reason:
1) I can buy an ETF in Singapore which replicates the above
2) If you look at the components, they are bluechips. If you have access to SGX, there are better options than those companies.

Turtle investor ETF portfolio can be found here
http://www.turtleinvestor.net/asset-allocation/

This post has been edited by Ramjade: Apr 14 2017, 07:36 AM

This is so weird. FSM having cash account.

This post has been edited by Ramjade: Apr 14 2017, 10:30 AM

Who knows. I cannot find anything on FSM MY site regarding cash account and the interest.

The cash account exist. Try logging into FSM MY, then under your holdings, there's a cash account. Click it. Page will change towards for those who want to buy bonds. But no detail info about this cash ccount

I think they are doing the MAPS soon in malaysia. Your very own agent who do everything for you. In malaysia there's no competitor. So they can monopolise the market first. Also, if that's true, it's only a matter of time FSM is moving towards platform fees

You hold but you cannot withdraw it in that foreign currency also useless. Like that better change RM for SGD at moneychangers. No difference between this cash account and those multiple foreign currency accounts recently introduce by malaysian banks.

I think they going to introduce foreign denominated bond in the future. (eg USD, SGD, EUR, JPY etc)

BNM is ok with you doing purchase in foreign currencies as long as the money stays in Malaysia. Why do you think they come out with the rule exporters have to bring back 75% of their currency in RM and retain the other 25% in foreign currency with Malaysian banks? Reason is simple. Even if you retain 25% in foreign currency with Malaysian banks, you cannot withdraw it in foreign currency notes. No banks in Malaysia will accept foreign currency notes. Very few investment instruments in Malaysia are denominated in foreign currency. So having foreign currency in malaysia is essentially useless.

You can only use foreign currency in Malaysia to:
(i) buy house overseas
(ii) pay education fees
(iii) for export business
(iv) use it for overseas investment

Foreign currency in Malaysia is better than letting the foreign currency flow out

Come come. I teach you. I gave xuzen homework how to do all that without going to SG at all.
https://forum.lowyat.net/index.php?showtopi...post&p=84349022

Don't know if he did his homework or not

You can do all online. I only go SG to topup cash into my account. From SG you can venture to other part of the (AU, UK, US, HK, etc)
You use FSM SG, you pay platform fees.
You use POEMS, you pay 0% platform fees.

Me? I use FSM SG info and buy from POEMS. Terika kasih FSM SG

Are you sure? See this
Maybank Master Foreign Currency Account
Cimb Foreign Currency Current Account
RHB Multi Currency Account

This post has been edited by Ramjade: Apr 14 2017, 12:09 PM