Of course I also hope they won't charge. If they start doing that, I have no place to park my EPF money. But it's inevitable when you are public listed company. Shareholders come first before customers.

Reasons for wanting to charge:
1) recurring growing revenue as long as your customer stays
2) this style of revenue is much more profitable in the long run than one time single charge (eg. adobe, microsoft switch to subscription based from traditional one time charge)

Reason for not charging yet:
1) need to build up customer base first. Once you have large customer, you can do anything (look at public mutual). When customer already park so much money with you, do you think they will change just for few hundred ringgit? This creates some kind of stickiness from the customer.
2) If they start charging now, their competitors will benefit (eut). As shown in SG, when they initiate the platform fees for everything, people start transferring to Phillip SG and dollardex. Of course some didn't transfer cause paperwork. Unlike SG, we cannot just switch to different providers. We need to sell first and rebuy. That's one advantage malaysia side have over their SG part.
So that's why point 1 is very important if they want to implement platform fees in the near future.

I may not be FSM staff but the signs are all there.

Signs:
- UI interface upgraded to look like SG version
- Bonds, managed portfoliod all start appearing when before this only UT
- Next to come, stock brokerage.

Like I said it's a matter of time. Why stick with old business ideas when new ideas are much more profitable and sustainable? It's always about the money at the end of the day. Which business model can generate higher and better profits.

Seen this kind of business strategy all over the world (some egs)
- xiaomi (charge everything cheap cheap then slowly hike prices)
- qihoo (give ad free programs to international customers, once customer base becomes big, start introducing ads, paid stuff)
- samsung (strategy same wirh xiaomi, start off cheap)
- microsoft and adobe (because of monopoly, they change to subscription model)

This post has been edited by Ramjade: Aug 9 2017, 12:30 PM

for me...
more convenient to buy/sell
more fund choices to choose
more saving on lower sales charges
more easy to see the portfolios holding status

0.8% sales charges for recommended asia ex japan fund. which one worth buying?

unknown to alot of things about you....
try ask them


Attached thumbnail(s)

Simple. Cheaper service charge. Whoever can give me cheaper price aka better bang for bucks, get my money.

I am an unker scrooge. Why bother paying 5%+ when I just need to pay 1.75%? Big difference you know the 3%+

If I pay service charge of 5% (let's use 5% to make things easier) my fund need to perform/generate 5%+ profit just to break even.

Second, fully online. No need to waste time waiting at banks. No need to go from.one bank to another.

This post has been edited by Ramjade: Aug 9 2017, 12:53 PM

Top up myr 1000 to Ponzi 2.0
Top up myr 500 into TA GTF

setting portfolio to cruising speed while I work as hard as I can to top up any amount I earn

This post has been edited by Avangelice: Aug 9 2017, 12:48 PM

after this top up...
how much% you have for TA GTF and Ponzi 2.0 in relative to your portfolio?

Ponzi 2.0 12%
TA GTF 7%

still in accumulation phase for
TA GTF
RHB embf

By the day, now that you bring this up. Isit easy to buy amanah saham? How to go about it for non-Bumi's? Heard you can only buy when someone else sells. Do advise.

Aiks.. I believe the answer lies in FSM website. Do your due diligence and you would be enlightened.

We're almost alike

I too have top-up 2k since the latest promo to ponzi 2

Planning to add more during this promo, as well as starting TA GTF, missed the boat during the last drop.

Do refer to the ASX thread, lots of useful info there, I have just open an account in their online portal too.

For now can only top up online, cannot sell yet. Maybe in the future.

Hi all, would like to ask. When I buy KGF at FSM, do I actually own the fund at Kenanga? If yes, can I check my holdings at Kenanga website?

No That's why you don't get any statement letter from them in your letter box. All funds bought via FSM are under FSM name in custodian account.

Eastspring Dinasti Fund has overtaken CIMB Greater China Fund both in terms of ROI return and 3 year volatility.

This post has been edited by puchongite: Aug 9 2017, 02:43 PM

Correct me if I'm wrong, CMF is like a saving account to park ur money where u can use it to buy ur fund and no lag time in transaction?

from an old article....
THE BENEFITS OF THE RHB-OSK CASH MANAGEMENT FUND 2
https://www.fundsupermart.com.my/main/resea...an-Savings-1005

To me there's no difference in lag time compared to FPX transaction.

Compared to cheque , then yes.

Oh really?
Hmm that's weird.

Why North Korea threatened Guam, the tiny U.S. territory with big military power

https://www.washingtonpost.com/news/worldvi...m=.8a34a5601890

Chance lai liao
Topup topup