Eg. Fund A available both in Malaysia and SG. Both can give you 10%
- Now if I put in money into Fund A via Malaysia, when I withdraw, I will get back RM. If I put money via SG, when I withdraw, it will pay me back in SGD.
- Overtime, the one who put money in Fund A via SG will gain more than the one who put money via Malaysia (both received same returns but different currency)

Eg. If Facebook is listed in Malayisa, revenue in USD but payout in RM, won't be much of a problem. The problem is revenue in RM but payout in SGD. That's when problem comes in. Are there such companies on SGX, of course. Did I touch them? No. Will I touch them in the future? No. However I have no problem with companies business is in IDR, but payout in SGD. Why?
- For years, the company have been shown to be profitable (they have managed to hedge the currency well)
- IDR is not as weak as RM.

For those want to find out more, these are the companies mentioned
- Silverlake Axis (revenue in RM but payout in SGD)

- First reit
(Base rent of leases for Indonesia properties are pegged to Singapore Dollar so rental income is relatively unaffected by Rupiah fluctuations
Leases for Singapore properties are denominated in Singapore Dollar
Lease for South Korea property is denominated in US Dollar)

For me, any currency can as RM have been shown to drop against all currency over time

Hi all, I am new to FSM, I tried looking for the transaction faqs, but couldn't find any info.

How do they transfer the money back to your bank account after you sell a fund?

Sorry, ayam too much CDS stock player. Dont know FSM.

Hi Gurus,

I have a question. I have RHB Islamic Bond in my portfolio. This fund has 1% redemption fee if redeemed within the first 1 year. My question is from when do they count that 1 year. I have first bought this fund in August 2015 and then continued occasional top-ups. When I tried the FSM switch calculator, it shows I am subject to pay 1% redemption fee.

Any information will be appreciated.

Thanks.

yo brother!!! welcome to fsm!

you can select to get them to transfer them to your cash management fund or your bank account.

if I can remember.....someone posted this before....
looks like those units that you had purchased and held before the maturity of redemption period would be subjected to the redemption fees..
those units that are held after that is not subjected to redemption fees..
they have the data to do that....can ask FSM before you redeem.

Thanks
ok time to bam Eastspring balanced. being studying this for quite sometime.

This post has been edited by Red_rustyjelly: Aug 11 2017, 06:49 PM

Ramjade, a better way would be to stay in JB. Work in Singapore daytime and go back to JB at night. Bring your own food to work. Earn all the money and spend zero cents in Singapore. Only spend in Malaysia. Oh... and put all your investments in Sing dollars. I guarantee, you will HUAT faster.

But, worth it or not depends on you.

People have discovered that a fund such as RHB Islam Bond, you can never be totally free from redemption fees because every year, the fund gives out distribution a few times, and the money gets converted into new units and reinvested with a newer date, and hence every year you will have some amount of units below the 1 year maturity.

So these funds with redemption will be pretty 'generous' in giving out distribution to lock you down or to earn some redemption money from you.

May I know when is it happening?

Asking the important questions hahaha

Again, the currency of your investment does not matter, what matters is the value of holdings of the fund. If RM suddenly depreciates 50%, your portion of the fund will double in RM terms.

Unless you meant that your prefer holding SGD cash instead of RM in your portfolio, then its another matter entirely.

If you avoid RM funds because you think that Malaysia's companies are not going to perform well, fair enough.

For the past two years or so, yes. Over the long term, no.

if this is true....
if the dividend is 6% in value....then 1% redemption of this of this 6% =
RM10000 x 6% = RM600 (new units)
RM600 x 1% = RM 6

Precisely. The investor need to be able to know the amount involved might not be that big. If he has 10 fold the amount above, then it will be rm60. Don't let the smaller amount hold up the decision.

I supposed if he choose to partial sell, the system will sell the 'older' units ?

This post has been edited by puchongite: Aug 11 2017, 08:04 PM

So many fake accounts lately saying they are beginners in unit trust investing. Then magically they become wiser after a few days. Wow either we are good teachers or previous members who come back to taunt us.

"Haunting" is more appropriate. The creation of Annabelle.

i know u, u know me, we are happy family.

Gua ingat so many newbies come in because they love us.....

BUt ultimately, recycled account only....

Xuzen

And that is why there is the danger of chasing hot funds lor!

By the time you notice its hawtness, it would have gone up a few notches already....

Lai lai, stick to Lee Sook Yee UTF. That auntie fund is good for all occasion.

This UTF is like a mother's touch, no matter rain or shine, when you go home , you will know that warm dinner is served on time, the bed is made ready and the lights are switched on.

Xuzen

This post has been edited by xuzen: Aug 12 2017, 12:38 PM

We have to wait for everyone to ride out of the storm first. Now KGF is itself isn't that much better.

Hi All,

Im new in FSM started about 3 months and I only invest in this funds:

1. Affin Hwang Select Asia (Ex Japan) Opportunity Fund
2.Eastspring Investments Global Emerging Markets Fund
3.Kenanga Growth Fund

Are these funds better for 3-5years return?

go to the fund comparison tool in fundsupermart and run the numbers. what you are suppose to aim is for funds that have lower risk and better return based on their same asset class.