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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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backspace66
post Apr 6 2020, 07:55 AM

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QUOTE(abcn1n @ Apr 6 2020, 01:54 AM)
Its tracking the stock's performance. I guess for STI ETF, if the component stocks going down, STI price will still drop even though there's net inflow for the STI itself, huh.
Anyway, more importantly--how safe is FSM (Malaysia and Singapore)? I was reading about Stashaway and the risk if Stashaway close down (read that Smartly SG investors were forced to sell their investments --thus, if portfolio was red at that time, they would make losses).

Have a fair bit of $ in FSM Singapore and some in FSM Malaysia. Can't afford to have to force sell my stocks (if they are in the red) if FSM were to close down.
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I dont think we can simply compare fsm with stashaway which is quite new in the market. Financial perfomance for the parent company of fsm is also ok for the past few years.

http://www.ifastcorp.com/ifastcorp/investo...performance.tpl

This post has been edited by backspace66: Apr 6 2020, 07:56 AM
backspace66
post Apr 11 2020, 10:53 AM

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My diy using epf gone up 9.73% in total. Currently only in two funds through FSM (via EPF mis), KGF and principal global titan

This post has been edited by backspace66: Apr 11 2020, 10:54 AM
backspace66
post Apr 11 2020, 11:49 AM

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QUOTE(WhitE LighteR @ Apr 11 2020, 11:27 AM)
U just only enter is it?
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Yes, just started to invest through FSM(via epf mis) around a month ago. Another portion goes to public mutual ,PGSF again via epf mis.

Another thing is i have been on standby since they implement the epf i-invest, around august last year. Would not consider buying without this low sales charge and i-invest portal.

This post has been edited by backspace66: Apr 11 2020, 11:54 AM
backspace66
post Apr 11 2020, 12:21 PM

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QUOTE(abcn1n @ Apr 11 2020, 12:13 PM)
What's the low sales charge like and is it forever or up till when?
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It is 0% since august last year for most fund provided by FSM and 0.5% for most public mutual funds. From my understanding it is not a short term offer .even if fsm decides to increase the sales charge in the future, they are only allowed to increase it to a maximum of 0.5% (capped by epf)

This post has been edited by backspace66: Apr 11 2020, 12:36 PM
backspace66
post Apr 11 2020, 04:33 PM

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QUOTE(MR_alien @ Apr 11 2020, 04:06 PM)
was abt to ask u why would u invest in public mutual when the SC is so high
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It is 0.5% through epf i-invest. 0% is funds offered by FSM which does not include public mutual.

This post has been edited by backspace66: Apr 11 2020, 04:36 PM
backspace66
post Apr 11 2020, 04:49 PM

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QUOTE(MR_alien @ Apr 11 2020, 04:43 PM)
i guess it's because u use EPF money to invest
if u use cash, it's a different sales charge which is a lot higher
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Yes, u are right. Will not consider it unless with a very low fee.

This post has been edited by backspace66: Apr 11 2020, 04:54 PM
backspace66
post Apr 12 2020, 09:15 PM

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QUOTE(mister 288 @ Apr 12 2020, 08:33 PM)
1 question. instead of using my cash to buy into PM

is it better to withdraw from epf to invest into PM , and then use my cash to deposit into epf ? does this make sense to avoid high sales fee ?
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If you want to deposit(self contribution) into epf ,you surely can up until a maximum of
60k per year, but i dont really see the point though if the intention is to save up on the sales charge. Example;

You put in 60k, but only 70% goes into account 1, that makes 42k

On top of that you can only invest 30% of that 42k, ( however this is refreshed every 3 months).Another problem is you cant take this money out after you have deposited it in ,unless you have exceed 1 million or retirement age..

The assumption made is current amount in account 1 is exceeding minimum required as per your age.

This post has been edited by backspace66: Apr 12 2020, 09:22 PM
backspace66
post Apr 22 2020, 12:26 PM

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For NAV update , better depends on the fund website, for example kenanga usually update NAV on the same day few hours after the market close. I always look here for KGF instead of FSM app or website
backspace66
post Apr 22 2020, 12:41 PM

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QUOTE(GrumpyNooby @ Apr 22 2020, 12:28 PM)
It depends on the fund itself.
Most of the Kenanga local funds are updated by night (after 8pm) of the trading day.
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Yes, after market close. For global.or foreign fund it is just because of different in time of market close.
backspace66
post Jun 3 2020, 06:09 PM

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QUOTE(Red_rustyjelly @ Jun 3 2020, 12:33 PM)
u guys play trust fund like stock?
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Actually , i had this in mind for epf i-invest since sales charge is zero. The question is why not, if i can switch back and forth from unit trust and epf with no charge. Willing to try this is my next cycle in 2 weeks time where my limit will be refreshed again.
backspace66
post Jun 4 2020, 06:39 AM

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https://brockvalue.com/

If u trust this valuation, intrinsic value of s&p is around 35XX.
backspace66
post Jun 4 2020, 04:29 PM

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QUOTE(j.passing.by @ Jun 4 2020, 02:08 PM)
Some suggestions:

- If nothing to buy due to timing, buy bond funds. Not money-market funds. MM funds is costly to hold... comparing the returns in EPF.

- Switch between bond funds and equity funds. Don't switch back to EPF.

- Take profit when above 10% and switch back to bond funds. But take note that when the drop is sharp, the profit can easily goes up to 20% in matter of days/weeks. Some equity funds has rise more than 20% since mid March.

(If an index drops 25%, it has to rise up 33% to reach back its previous level.)

- When bond funds fall, the equity funds will drop too... but bond funds will fall much lesser... if you're having bond funds and monitoring them, then it is time to switch to equity funds.

- If nothing happens... nothing to buy, nothing to sell... I think bond funds can give better returns than EPF this year.
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Thanks man. FSM so far switching is 0%, public mutual seems to only waived the sales charge but switching fee remains
backspace66
post Jun 4 2020, 04:43 PM

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QUOTE(GrumpyNooby @ Jun 4 2020, 04:32 PM)
Switching between funds under MIS can be done in i-Invest?
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Yes, but limited to own FMI, for example if u take principal cimb fund, u can only switch to other principal cimb fund under FSM. My experience with kenanga fund, i can only switch to other kenanga fund that is available under fsm and not to other kenanga fund available under eunittrust. I understand it is quite obvious, but it is worth taking note of, at least for me.

I have done switching from principal global titan to principal greater china and as for public mutual switching back and forth between pb sukuk and public australia( and incurred multiple 0.5% sales charge along the way)
backspace66
post Jun 12 2020, 10:26 AM

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QUOTE(GrumpyNooby @ Jun 12 2020, 09:54 AM)
3pm
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Nevermind , already got the answer

This post has been edited by backspace66: Jun 12 2020, 10:27 AM
backspace66
post Jun 20 2020, 09:28 PM

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QUOTE(wendygoh @ Jun 20 2020, 01:33 PM)
thank for ppl like u for subsidize FSM to have greater web ui.
so that i can research the fund at FSM and buy at platform that give lower fee
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Thank you for the information, i am actually quite "amazed" with that platform, registering a new account linked to epf i-invest is easy for principal, public mutual and fsm. I am not quite sure why this is not the case for this platform. All my info can be retrieved easily from epf system when i want to invesf using epf i-invest exceot for this one which require additional verification.
backspace66
post Jun 25 2020, 07:19 AM

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Let see how bursa and other asian market reacts today, money ready in KAB after switching out from KGF last week
backspace66
post Jun 27 2020, 12:14 PM

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QUOTE(brokenbomb @ Jun 27 2020, 10:34 AM)
But dont think they wont charge you the 1.75%

Made a schoolboy error, i thought by switching from principal greater china to principal lifetime enhanced bond, then 1/2 of the bond back to china direct oppurtunities wont incur me any fees (cuz same provider - principal to principal)

Sekali kena. 1.75%

Guess i was wrong. Haha.
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This is using cash account i guess, my personal experience switching from PGTF to PGCF via epf i-invest, there is no switching fee, additional info for anyone considering it in the future, i switched after 1.5 month into PGTF, so definitely less than 90 days.
backspace66
post Jul 8 2020, 07:38 PM

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Good performance for rhb thematic growrh considering it has only been 2 weeks.

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backspace66
post Jul 8 2020, 08:16 PM

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QUOTE(GrumpyNooby @ Jul 8 2020, 08:09 PM)
Wow, very brave!
Source of fund from EPF Account 1.  notworthy.gif
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Not really, it is a hit and run strategy for some of the "growth" stock , definitely not long term, when i have enough it will be switched to a bond fund and repeat if condition is favourable. One got to take the advantage of the 0% sales and switching charge.

This post has been edited by backspace66: Jul 8 2020, 08:21 PM
backspace66
post Jul 13 2020, 04:16 PM

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QUOTE(hs_clover @ Jul 13 2020, 03:09 PM)
Anyone buying RHB shariah china and RHB big cap china?
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Just started to buy end of last week. RHB big cap.
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