Once election over, euphoria also over.

But I came to know that those "established" funds in Malaysia such Eastspring small cap and KGF were once like that too, particularly when the fund size is growing. Ponzi 1 was like that before the fund is soft closed.

Asking noob question

Is it good time to slowly top up CIMB Global Titans Fund?

KGF is still acceptable in my books. 14%+ return in less than a year is good return. Anything >10% is good stuff for me.

Asking noob question

Is it good time to slowly top up CIMB Global Titans Fund?

Apa macam? Why good time top up?

Not betting on India exposure?

I am sorry to hear that. My guess is you must be cheated by agents or simply buy the wrong fund (happen to me before - I choose the wrong fund, paid service charge of 5.5% and get board rates FD return after 3 years ). Now after finding out about FSM and learning about UT (yes, you need to learn how to buy
Cannot main tembak), it's a whole different story. My return so far ~10% since sept 2016 (including service charge)

***  Congratulations on your very healthy return!
I bought mainly PM UT in the early days. All with positive returns.


For me, fees are worth paying if the fund manager is good. If you want to save on fees, go for ETF investing. You won't beat the market but you will get market returns.

Smartly and stashaway in Singapore are going to be ready for investors in 2017. Stashaway will officially open doors in June 2017. Stashaway will charge 0.8% pa platform fees for amount less than SGD25k.
Smartly will charge I think 0.5% pa. Both are automatic robo ETF investing platform which means no monitoring on your part. Buy and forget. You can start with I think SGD1k?

*** Noted and thanks.

Anyway, back to topic. Yes it's under FSM name but nothing to worry about as it's held separately. Each account is held as a trust. So if something happen to FSM, they cannot touch your money as it's held with a trustee. It's licensed by BNM to buy/sell UT.

True. That's the trade off for lower than 2% service charge.

This way of trading also exist in stock broking.

MYR kuat ma

And u expect USD ago strengthen again?

Or you think US market will continue its bull market?

Maybe market correcting soon

JJPTR leh

Thanks. So I did not read it wrongly. It is still a worry when one has a big sum in there even with BNM and trustee things.

Itu apa macam. better go bitcoin lending. Min profit a year 30+%. Risk: Value of bitcoin can swing +-200%
FSM is one of the investment company I trust. Reason:
1) it originate from SG. SG is one of asia financial center. If they can get approval from SG MAS, I have nothing to worry about. It's not JJPTR/CYL etc.
2) even HK central bank also grant it license to operate. HK ia another financial center.
3) many auntie and uncles have platinum status with them (min RM750k)
4) ever heard of nominee account in stock trading? Same concept.
5) I have initiate a withdrawal so many times and the money always come back to my account.

I like what they are doing to make investing cheaper for normal people. If without them, many here would pay hefty service charge of 5.5%/transaction or stuck with medicore public mutual. With FSM, we are paying 1.75% or less (depending on promo and status level you have with them) and we have acess to some bloody good funds.

Thanks.

FSM should give you a promotional award for this! Ha.

Was into UT many years but later stayed away from it with a 10 km pole (except my PRS UT). Why? High charges (eg annual management fee even when the UT is loosing money), many UTs are not making money, just draining clients money via the fees here and there (eg EPF reported that most UT purchases via EPF withdrawals were on negative returns), UT managers own inside play, etc.

Seeing some UT with high returns (>10% pa) over the past 5-10 years. So like to study this again and see whether I should try it again.

Saw somewhere that when XYZ buys a UT via FSM,
AA
the UT will be bought under FSM's name
BB
FSM will then state x units in their book belong to XYZ.

Is this true?

Thanks.

Xuzen your comment is needed about about Interpac dana safi and Interpac Dynamic. These two funds are the Malaysian top performing funds, upto 34% YTD.

Are these funds becoming money game and bursting soon ?

Stock - market , property , gold all susah cari makan liao... now try luck with UTF!     

MLM too many people buat , also susah cari makan ... now try luck with UTF !  :thumbsup:  :thumbsup:  :thumbsup:

Money - game nowadays kena sapu by Polis ,  hence also susah cari makan also.... now try luck with UTF!     

Xuzen

Interpac Dana Safi and Interpac Dynamic prior to hiring the new FM, is hardly heard off. It is as though nobody knew it existed. Then suddenly, the RHB FM left , went there and voila! Interpac UTF became super duper hot.
I suggest you take a look at the past performance of RHB Smart Series to get an idea of how Interpac UTF will perform since the FM is formerly from RHB Smart Series. As off now, FSM website is down, so I cannot check the past performance of RHB Smart Series. However, RHB Smart Series is never in Algozen™ radar, hence my guess, it a nothing to shout UTF, if strictly based on past performance.

Xuzen

Before this at rhb buy u-li. Now lari to interpac also buy u-li.

What's wrong with buying u-li ?

I haven't look at fundamentals of u-li but selling down of u-li was the cause of malaysia smallcaps sell downtown last time. If I am not mistaken, most RHB funds kena wipe out by 15-25% because of this u-li fiasco.

yep just dig this article back.

http://www.thestar.com.my/business/busines...25/no-selldown/

so this guy is currently managing the two Malaysian funds?