From what I read is that subscribers have to pay two fees, the portfolio management fees is actually the small devil, the bigger entity is the subscription fees which appears to be yearly.

I guess this shall not be a cup of tea for too many.

It's the other way actually, subscription fees is the upfront fee and the portfolio management fees is the platform fee equivalent

That's why I say the existing crowd on this thread is not their target customers, because you guys enjoy studying funds n doing trades on your own. There are however people up there who much prefer to have someone settle all these for them. This is a very good product to compete with public mutual agents because it takes 8 years for the fees to rake up to PM's front end charge and it provides all the things that the agent promises

My only complaint is, for the conservative portfolio the charges is rather steep. At the moment FI only get charged 0.2% platform fees per annum and no sales charge; so purely for the services of rebalancing (which I don't think would be a lot for a conservative portfolio), you have to pay 0.3% per annum

FSM SG charges less for conservative portfolio. Not sure why FSM MY did not use the same model

For the higher EQ portion portfolio, basically you are paying the 0.5% to cater for the switching sales charges and service for rebalancing which is likely to be more extensive

No competition in Malaysia. Hence they can afford to price what they like.

If you all go for zero platform fees, then this thread will be very quiet, almost like a ghost town.... liao.

Xuzen

U ask Philip capital to come up with this la

Anyway, it looks like this MAPS complied to the latest robo advisory guidelines that Securities Commission just announced, they have all the portfolio mandate and custodian information disclosed.

Yes, I completed my subscription

Based on monte carlo simulation, balanced portfolio will yield the highest average returns in 30 years; so arguably that's the optimum portfolio. Of course the best case scenario for aggressive portfolio is the highest, but the worst case scenario for aggressive portfolio is simulated to be 60% of invested amount after 20 years

Disclaimer: one should have basic understanding of monte carlo simulation in order to decipher what the results mean

dasecret always makes me sound like a baby sucking his own thumb when she talks like that. it's so sexy.

okay back to topic.

Won't geh, ppl here still want to follow crystal ball ma. And everyone wants to beat the managed portfolio's returns also

Would be interesting huh, to benchmark against FSM

Nah. I think they are lazy. Why want to catch malaysia fish when you have bigger SG fish to catch?
Same like TM. No competition. Fibre optics so bloody expensive.

Paiseh, paiseh me know not SH1T abt Monte-Carlo simulation, only know Genting stimulation

But but but.... sistah! Somehow Algozen™ aka crystal ball also churn out a balanced type port. Recall she always go for mid-risky UTF...

Xuzen

p/s Speaking of Crystal Ball, since got people request, I'll get off my lazy arse and do some stimulation simulation of my own.

This post has been edited by xuzen: May 26 2017, 11:47 AM

Geeks like u should learn monte carlo simulation la, it's so fascinating looking at how you can run all the different possibilities on excel. But I don't know how to do it, ppl do I watch only

But you won't approve how MAPS does it, they like to play Pokemon

Crystal ball vs FSM MAPS

The crystal ball maybe roughly maps to the balanced portfolio in FSM MAPS, in terms of composition ?

As dasecret said, MAPS approach is playing pokemon.

I don't know what's the meaning by that. If it means to catch them all, it wouldn't. It will probably invest in all but still limited to those of the same category.

However, what I want to say was that Xuzen port has only one choice, that is somewhat moderately risked instead of aggressively risked. Whereas the FSM one has a few choices for different risk appetites.

This post has been edited by puchongite: May 26 2017, 12:19 PM

I am thinking of trying MAPS account.

Minimum initial purchase is 10k.

Need info of Minimum subsequent purchase, minimum redemption amount, etc...

Where to click to purchase ? Can't find it anywhere.

Maybe not yet launched yet,?

I gonna wait until i go back home, to research more bout MAPS. Small screen, hard to do research

Subsequent purchases is minimum RM1k. Hmm, They were not explicit on minimum redemption; but it sounds like when you sell it's the entire portfolio. Best to check with live help

https://www.fundsupermart.com.my/fsm/manage...tment-portfolio
The buy button is below the different risk ratings

I bought already, so memang available

Yeah, about time now. Too bad I spent all my MYR on my DIY port already..no more 10k to fork out else I would've surely give FSM MY MAPS a chance

Yes, sell the whole things, I thought our in-house agent 007 already said it ?

That's one hell of limitation isn't it ?