Hi I been reading about unit trust and fundsupermart from last week

quick question here

let say I put rm10k on CIMB-PRINCIPAL GREATER CHINA EQUITY FUND which have YTD return 10.3% on 1 jan 2017

so my invesment value will be rm10,000 - 2% = rm 9,800 (exclude gst for easier calculation )

if i redeem on 16 feb 2017, my return will be 9,800x10.3 % = rm1,009.4

so total redemption, 9,800+1,009.4 = 10,809.4

is this calculation right ?

tq @contestchris

thanks for those who reply, the fund I mention just for the sake of example calculation
thanks xuzen for give info about volatility , yes i'm aware about volatility risk

It's is wise to allocate some of cash for short term investment ? (with proper research of fundamental ),8% return in 3 month is just good to me

* I'm aware that UT is for medium and long term investment, I have epf source for long term UT, cash & rsp for long & medium UT