you can try do RSP to cover most funds for your portfolio instead of having to start with just 2 funds.
try read this and contact FSM CIS or CS for further discussion on the T&C of RSP if you cannot get more from the RSP FAQs.

https://www.fundsupermart.com.my/main/buyse...ntroduction.tpl

RSP FAQs
https://www.fundsupermart.com.my/main/faq/0...avings-Plan-976

no, is you set up a auto debit instruction from FSM, you can set the amount you want to RSP into the fund you choose

With RSP, you are pumping in money on the 15th of every month regardless the market is expensive or cheap. No emotion. High or low at the 15th of every month, automatically xxx amount will be pumped into the fund of your choice.

You can, but if you dont have initial capital, you can start with 100 via RSP for most fund

Moreover, some funds like manulife and aberdeen required 500 for subsequent top up whil via RSP, you only need 100 to top up them

If you can get better offer, by all means go for it

Unless you will a staff there until retirement, chances that you will pay higher SC once you leave the bank, so that time only transfer to FSM
you see the fund size changes vs the cash changes in %, which changes more

available in their website, fund selector, fund sales charge, or their respective fund page

sometimes they do have promo

you may also consider eunittrust if you want even lower SC promo

The difference is that you could start a fund with RM100 instead of the usual 1k. Then, in a DCA regular investment, it is more 'average' and not too lopsided if the monthly amount is very small, say RM100.

This lopside skew to lower returns would happened if there is an immediate drop after you put in the initial 1000. Then the monthly RM100 fresh purchases will be hard to catch up and skew the returns to a higher effective rate of return.

You will be like, after 3-5 months, thinking: damp this fund no good as it is barely breaking even... if only if I had put it into FD...

And if it happens to be a sharp growth after you dump in the 1k, you would be like very pleased with yourself... thinking why so stingy when I should pump in more!



Your initial plan - 1k, followed by 150-200 every month, is good. Take one fund at a time. You don't have to immediately start off with several funds.

The time to consider to have another fund or a few more funds to 'diversify' the investment is when you have reach about half of your targeted sum of money you want to have.*

Anyway, always keep in mind the objective of the investment. Know what you want to do, make a plan, and stick to the plan.

Repeat: Know what you want to do, make a plan, and stick to the plan.

Don't be like don't know what to do next in the middle of your investment plan, and asking what to do: trim profit or switch to another fund... or whatever that freak you out and cause you to panic...

It is a given fact that equity fund can be volatile, and will be volatile and is expected to be volatile. So no reasons to make any changes to the plan once you started it.

Stick to the plan!

================

* This about half of the targeted total amount of money to have is based on my own opinion. Not based on any stats or numbers or articles read. If you are more conservative and not willing to ride 100% on one fund, then 'diversify' earlier.

Try not to 'diversify' too early, especially when the amount of money invested is relatively small to whatever asset you have outside of UT fund.

Take the risk - and more risk - when you are still young and have the time to do so.

I don't know both funds... and just by basing the choice on their names. 

I'll pick the Asia fund... cause Global tech sounds heavy on USA and tech companies... and all the indices, Dow, S&P, Russell 2000 and Nasdac are at record high at the moment. Apple stock is at all time record high.

If still undecided and don't trust my 'analitycal' pick, then flip a coin. 

If the investment period is long enough, there may not be much difference between them in the long run... maybe 10-20% difference - which is sap sap sui when the total returns is 300% or more.

Like I would be very, very upset to get only 290% ROI instead of 310%...

==========

"very, very" - 2017's popular phrase.

Pick both.

It's like savings account, just that you need a couple of days to liquidify it.

Perks :
1. convenient and efficient way to buy UTF
2. higher return than your run-of-the-mill savings account

While waiting for responses...try ask in fd thread the reversed question?

Because they had bad experience with it in the past, especially on Public Mutual and the fees.

If i'm not mistaken 5.5% .

Yes go through public mutual agent, that's probably the figure that you're going to get.

Not only Public Mutual, you try purchase direct from other fund house for example east spring investment 6%.
people always use PM for example because of their market cap and more popular.