I'm interested in using FSM to buy UT because normally I do it through my preferred banking relationship manager, but I think FSM is cheaper? Does anyone have experience investing through RM before and then switched to FSM? The only benefit of my RM was he will tell me if any good fund coming up, or if any of my fund now is good time to exit, etc. but I think I want to try managing some of them myself now.

I don’t claim to be an expert but after two years with my RM I’m starting to see some pattern.. hoping to learn more by having real experience managing it on my own. I need to do a side by side comparison to figure out what the RM and bank’s commission total is, but before that I wanted to check if anyone in LYN has already done that homework for me 😅

This post has been edited by KingArthurVI: Feb 7 2021, 10:03 AM

Wow, didn't expect to receive so many great responses, thanks to all of you for taking the time to explain the differences between investing via RM vs. investing on our own through FSM. I think I'll start by opening an account and take a look around to see what's out there. There are certain funds (actually it's an ETF lol so I guess I'm looking for a fund based on it) like the Ark Innovation Fund that I'm interested in, but doesn't look like FSM carries it or its feeder funds (someone please point me to it if there is one).

Truth be told, the RM is an ex-college mate of mine, and sometimes it's really hard to tell if he's doing this just for a commission or for my good also. I like to believe that it's 50/50, the guy's got to feed his family too. But I'd ideally want to drop this ratio further, and I think investing on my own is a natural next step towards that.

The pattern usually is he'll ask if I want in or not if the fund drop quite significantly (around -5%) below the initial offering value. Then usually every few months I check in with him and he'll say which ones are at a good point to sell if I want to sell, but usually he'll then recommend some other portfolio to go in on... I have a feeling it's actually because he wants to gain commission so he's flipping the UTs around. So yes you're right there is a conflict of interest that's inherent in our relationship here.

I'm interested as an individual in learning more about economics and the market, so I feel like this kind of hands-off approach is not so exciting.

This post has been edited by KingArthurVI: Feb 7 2021, 02:39 PM

I would like to diversify my exposure to funds if possible, so would try and avoid buying similar funds but through different channels. I think the best next thing to do is to try out myself and see if I like the hands-on approach more or not.

Thanks! Any advice between the MYR hedged vs. USD variants?

For USD based funds, do you guys normally go for MYR-hedged or USD?

Separate question: How often you guys DCA your funds?

This post has been edited by KingArthurVI: Apr 4 2021, 02:26 PM

FPX limit only 30k a day, how to deposit more than that in one day? Can I transfer to cash account then pay from there? Never done more than 30k before

Argh, only have one bank account since I closed a few that I didn't use long ago kinda ridiculous FPX 30k limit daily

Thanks for the suggestion. At this point it'll be transacted tomorrow anyway so I'll just wait

How do I see what’s the current NAV of managed portfolios? Thinking of buying aggressive MP but want to see what’s the current NAV

So if I'm planning on at least trying to find a good entry point, I'm out of luck? lol. I guess the only way is to look at their monthly performance statement?

What do you guys think about using the aggressive managed portfolio as one’s core portfolio? I’m thinking of going the 80% core and 20% supplementary portfolio split, and using aggressive MP as core, then DIY some select individual funds for my supplementary portfolio. Feedback welcome, thanks!

For the 20% I'll go for more short-term focuses, aka "best bets" like:

- Affin Hwang Disruptive Innovation Fund
- Principal Greater China fund (since aggressive MP has limited exposure to Greater China, it only has China A)

Thanks for the feedback. This strategy actually was recommended to me by FSM themselves, and I thought it sounded good but wanted to see what others think. My risk profile from the risk assessment survey on their website indicated I'm aggressive type and I agree, so I wanted to find a means towards capital gain in 3-5 years or even longer.

Yeah this is very true. I chose MP as my majority portfolio for FSM because I feel I want a more hands-off approach so I can focus on the narrower/more aggressive bets. The aggressive MP is pretty diversified so I'm ok with letting it go on autopilot. Again, like you said, depends on each individual

The only way to get exposure to ARKK that's not directly buying the ETF is by buying the Affin Hwang Disruptive Innovation fund, right? It's a feeder fund into Nikko AM ARK Disruptive Innovation Fund which kinda mirrors ARKK's holdings?

Sorry just wanted to make sure... because I already put in some amount here

Currently 30%, but I'm in the process of balancing my core and supplementary portfolios to be 80:20 ratio. Over the next few months I'll slowly DCA into my core (aggressive MP) to make it 80%, so ultimately I foresee the innovation fund to be 10-15% overall.

Haha honestly I only opened FSMOne account 2 weeks ago. So yeah it's initial 30% lump sum.

I work in the tech industry so I'm really interested in the ARKK types of disruptive tech funds. For other investors I wouldn't recommend just going in 30% like I did

Not shown in this screenshot is my MP which is same amount exactly as my AmanahRaya bond fund so you can replace in your mind the AmanahRaya with aggressive MP, that'll give you a picture of all my equity type funds

Why? kinda late to the party haha