1) returns is consistent in the 6-7%. No fluctuation.
2) volatility is low.

If it's not good, money wouldn't flow in once FSM MY reopen it for sale. Fund size swell drastically once it was reopen for sale by FSM.

If you compare with Malaysian funds, malaysian bonds sucks. See the results from Trump tantrum.



See the pic above.

I am just showing why affin hawng is superior to malaysian bond fund. Never say never. Things can happen again.

This post has been edited by Ramjade: May 18 2017, 01:46 PM

Eh, it was opened then close to us.

Trust me. Go with manulife. Amasia is still 1.xx since Sept last year. Manulife 5.xx since December.
People will tell you go for amasia due to lower volatility but I tell you amasia is lousy. 6 months+ still stuck at 1%. Don't believe me, just buy both in equal amount, hold for one year and you will see what I meant. That way you will know which is better. Recommend you to wait until next US interest hike.

Precisely. Wait for at least 1 year. Who knows it can gove FD rates.

Just go with affin hwang select bond fund.

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)

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?

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.

This post has been edited by Ramjade: May 20 2017, 11:33 AM

Once election over, euphoria also over.

double post

This post has been edited by Ramjade: May 20 2017, 11:28 AM

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

This post has been edited by Ramjade: May 20 2017, 11:37 AM

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.

This post has been edited by Ramjade: May 20 2017, 01:17 PM

Nah they will hate me as I am anti their platform fees (for bond fund).

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

I am pointing my fingers at RHB. Of course they will say it's not them. If they say it's caused by them, further selldown will happen as Investors who have no Internet but read papers will be worried.

We all know what happen. Fund manager move to another fund house. Regular people who have inside info sold off becauae scared new manager is incompetent. Once someone tarik few million, retail investors in the stock market follow.

Imagine if news got out that lee sook yee leave kenanga. I believed the same thing will happen. Stocks held by kenanga will tumble.

I am not sure if he's a good fund manager as current times is bull market. Even lousy stock also making money.

Already posted before about fund manager. When mark mobius left Templeton (he's considered emerging market fund manager king as he's one of the fund manager who beats the index regularly), million of dollars flow out of the Templeton fund he managed.

This post has been edited by Ramjade: May 21 2017, 08:27 AM

Hahahaha... WRAP account is only for special people. WRAP account let you switch any fund you want without kena additional charges. Usually reserved for financial planners. Only xuzen is using that account. It's out of reached for normal people like us.

Of course he bluff you la. So that you will buy from him. Who wants to kena charge 1.5% yearly platform fees.

Keep in mind whether you buy from agents or FSM, you kena charge ~1.5% management fees. This management fees is already calculated in the NAV of the fund. Whether the fund perform or not, management fees need to be paid.

This post has been edited by Ramjade: May 21 2017, 10:47 PM

I think platinum user got those feature.

It was a bunch. But it started with U-li if I am not wrong. Then domino effect as people sell other fund held by the fund.

Power of name what. Semua kenal govt. Siapa kenal iFast? Siapa itu? Apa itu? Product apple ke? Try asking regular folks that question.

Maybe if maybank is the one who come out with the name Maybank Fundmart. Semua kenal maybank.

Same la. Ask anyone on the street public mutual, semua kenal but tak ada orang tahu fund performance like shit.

This post has been edited by Ramjade: May 22 2017, 10:14 PM