Here you go
https://www.poems.com.sg/utzerofees/

Why no fees? Good question
1) They are having price war with FSM SG. FSM SG thought they are smart by making all their funds with 0% SC so Phillip and Dollardex foughtback by offering 0% SC also plus )% platform fees.
2) 3 is a crowd. With 3 companies fighting for customers, there is no monopoly unlike in Malaysia. Because of 3 companies, SG banks also lower their price. Some banks SC are 1%/0.75%

How Phillip earn money? Good question.
1) They are one of SG main broker. SG brokerage is not cheap unlike Malaysia. Then also have margin trading.
2) FSM have where and what to invest. Phillip SG also have and they charge people for those wishing to attend SGD40/person. But if got promo it's SGD10/person.

These are what I found out.

think to switch my cash DDI from PM PSSCF to another better fund with lower sale charge... any recommendation?

1. Kenanga Growth Fund
2. CIMB-Principal Small Cap Fund
3. Or any other better small cap fund?

this fund invested for since 1/11/2013 and the profit is -0.01% as of today.

Yeah the SG one only shows the SGD class which has 1.45 volatility.

In FSM MY, 3 classes are available. Assume that initial investment non issue, which class better ?

Assuming initial investment non issue. Only concern is to maximize return.

Sigh, shows that a lot of funds perform are due to weakening MYR.

Hi everyone,

Newbie questions. When I look through the Fund Ranking by FSM. This is the results.



Under 1 years returns, I see that certain funds offer 40++% returns.
This seems unrealistic to me  Or this is how it is supposed to be? (I don't know, need your advice)

Can I assume that this is due to the facts that these funds had just launched and this is the results of volatility?

Thanks for quoting this article. Enlighten me about the mechanics.

Care to elaborate why certain bonds will behave differently ?

Thanks for bring out the high yield bond funds part, as I am still thinking if there is a 'better timing' to enter it.

High Yield bond is also known as junk bonds or non investment bonds. They are loans to companies considered high risk due to their lower credit rating. So the more pressing risk is whether these company will default. But my understanding is they are also exposed to rate increase but this risk is lower compared to defaults.

We  may not be so adversely affected depending on the fund that we buy. I think if you buy US bond fund then now is the time for you to find contingency.  I think most of us buy MY, AP or EM bond fund, less effect. No direct impact but may feel secondary impact due to interconnecting factors.

From Investopedia : Are High-Yield Bonds Too Risky?
You should care more about the default risk for high yield bond, because those companies with low credit rating are the ones that provide the high bond yield to attract capital investment to compensate their higher risk of default

*NOOB QUESTION ALERT*

If I buy into a fund using Cash Management Fund (CMF), how do I adjust my excel spreadsheet to reflect the transaction?
Is it :
(A) sell CMF + buy said fund?
OR
(B) switching from CMF to said fund?

Noob question alert

Why is the RHB EM's performance (bid-to-bid ann. return) so different from United Asian EM's when the former invests >95% into the latter?

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For a new guy with neither time nor interest to do the necessary research, then the shortcuts are: 1. chase FD promos (follow bbgoat), 2. let the Relation Manager lead us by the nose (typically to poor returns), or 3. follow Xuzen's and other sifus' ports.

Thank you for the answer. RM--SGD was relatively stable over 2012-2014 and so, I didn't expect to see such a large difference between the 5-year ann. returns.

from what you said, FSM SG is real terrible. platform fee of 0.4%p.a converted to RM, big amount already.

Do POEMS needs Singapore Bank Account too?

there was a distribution? fml. can they notify holders of the funds?

Emm ...got a few high yield bond fund like :
RHB Asian High Yield Fund - MYR
Eastspring Investments Asian High Yield Bond MY Fund - MYR Hedged
United Asian High Yield Fund - MYR

What you think of them ? Eastspring one 30% gain in six months !

No wonder all these High Yield Bond fund not appear under Algozen™ radar. They all have less than three years historical data.

My Algozen™ auto reject UTF that have less than three years historical data.

Xuzen

Algozen™ culled her data input from FSM MY mah... not FSM SG. That is why it auto reject HY Bond fund lor!