Theoretically can. But last time when I tried opening, told me to get a SG bank account first. That's how I got my POEMS SG account. SG bank account > POEMS SG. Best to contact their customer service and see. Email them talktophillip@phillip.com.sg
Application is by post/walk in.

Yes. It's call Phillip SMART Portfolio. Also 0.5%/year platform fees. This is different from FSM SG as FSM SG uses only UT. This use combination of UT and ETFs.

For real ETF automated managed portfolio, can considered the following.

- Stashaway
- Autowealth
- Smartly

Geez. People are so touchy. Reported

This post has been edited by Ramjade: Oct 28 2017, 09:22 PM

No worries. Those who want to move have move.

Majority won't move. Why?
1. Lazy to maintain 2 accounts
2. Happy to continue to pay platform fees "to support" FSM

So FSM doesn't need to do anything.

I suggest you post your question here. Nope it's not too good to true as it's real. However your gains is only materialise when you sell. If you don't sell, you don't get the profit. So say a fund makes 30% profit but you didn't sell it, then it makes a 50% loss, congratulations, your returns is now - 20% if you were to sell it

Unit trust cannot always go up as it's holding basket of stocks. Every few years, a crash will happen and all your previous returns wipe out. Is your heart able to take such losses?

Managed portfolio won't save you if their bond allocation is only 10-30%.


Few options:
1) do dca every month. High also just buy. Don't care. Die die must buy.
2) take profit and run and hibernate, then pump original amount + profits in
3) stay invested (don't sell), buy on dips. sell during a Bull run say 1-2 years before you need to use the money. You should never be forced to sell just because you have no cash for that special event.

Have your pick. Option 1 is the easiest.

This post has been edited by Ramjade: Nov 12 2017, 11:58 PM

Many people don't realised but Japan market is awesome. Especial the small caps section (spoken from exp of buying JP small cap in SG)

United Japan sucks. For FSM MY, best JP fund would be eastspring.

Nothing will happen. Been there, done that.

I think is decent. Only downside is starting amount = RM10k. Min topup = Rm1k.

Yes. % here means if you put in money exactly one year ago (from the date of 11%) and didn't topup anything, you will get exactly 11%

This post has been edited by Ramjade: Dec 1 2017, 06:41 PM

Just topup more. What's the big hoohaa all about. That's what a watchest is for. Never deploy all. Deploy in batches so that you always have ammo for further corrections. Never fear a (-) result.

You withdraw now = real loss.
If you cannot tahan this small drop, I suggest you to go for promo FDs, amanah saham fixed price fund, EPF.

Your choices now:
1) topup and retain some extra cash should it slide further.
2) come back and see how your fund is after 3 months.

You do realise that if you keep switching when it drops, you will suffer losses right?

Precisely. That's why I told him he only have 2 choices.
1) Buy more now
2) Come back and see after 3 months time.

That's why must have a warchest for this kind of event. What's 1% drop to topup??? If keep topping up for every 1% drop, one will run out of money faster than market can drop.

You don't want to be in position where market give you big discount and you ran out of cash just because you topup too fast.

This post has been edited by Ramjade: Dec 6 2017, 02:24 PM

Nah. We haven't see nothing yet. If really market drop, will be front page on newspaper.

Since you have lots of bullets, you should just buy directly from eUT. No need to sell. People sell to lock in profits not because of downtrend. As said, by selling during downtrend, congratulations, you just lock in your losses.

Market drop + eUT promo = double win

You should be buying some asia pacific or china funds as they have been dropping. India drop is not as bad as china/hong kong/asia funds.

At the end is your call.

This post has been edited by Ramjade: Dec 6 2017, 08:55 PM

They already said they want to change new mandate.

Of course is normal. Why?
1) depends on the fund management skills of picking stocks. If he/she's lousy, then your returns also lousy.
2) Unit trust is still a basket of stocks. Never forget that.

If you cannot stomach such losses, best to stick with promo FDs, EPF and amanah saham fixed price fund.

Are you buying from FSM or banks/agents?
If you are buying from banks/agents that's correct as everytime you buy from them, it will incur 5.5% service charge compare with 1.75% if you buy with FSM.

Of course it help to know what the funds are you investing in too. As mentioned previously, it depends on how good is the fund manager. If a fund manager is bad, expect at best normal FD returns or worst come to worst yearly negative returns.