QUOTE(T231H @ Jun 14 2017, 10:27 AM)
Q: When will I know about the price I get?
A: Most of the unit trusts in Malaysia are priced based on "forward pricing". This means that if you transact today, you will get the fund’s value as of the closing price of the market today. However, you will know the price in two working days
The price that you could see in the website is the so-called 'indicative price'. This is usually the price of the fund two working days ago. This indicative price is NOT the actual transaction price of the fund that you are buying or selling.
Generally, the fund manager requires approximately two business days to consolidate and derive a unit price for the funds. These prices are further valued independently by the fund's trustees. Therefore, the dealing price will be made known to the public two business days after the transaction date. Once we obtained the price, an email notification will be sent to you.
YES, you can use any other parties published NAVs price for reference....just for reference but without any legal implications to TA or FSM MY.....unless you are transacting with them directly.
btw,....I used to monitor almost daily prices movement of NAVs of some funds......at times without any serious mkts happenings the NAv may drops more than normal trend but then the next day it just bounced back to normal trend....which makes me wonder,...is that a FH internal corrections of realised mistakes?

hmmmm till now i'm still not clear on how FSM decide the pricing...
QUOTE(Avangelice @ Jun 14 2017, 10:36 AM)
Just check apple's and Microsoft stocks and you can gauge how Ta global performs.
yea been following them since last week, lots of tech conference now in the US, nothing too exciting that's y investor also shun away I guess, plus NASDAQ has been bullish for quite some time d.
BTW guys, if I were to place some cash into RHB Cash Management Fund 2 with latest net interest rate at 3.396, the annual management charge is 0.4 %. What's the effective rate? 3.396 - 0.4? or the Net means it has deducted the management charge? please enlighten me thanks!