so I went explore the wholesale funds since we are 'qualifed' to invest in it.

Just for discussion sake, Wat do you think of AFFIN HWANG ABSOLUTE RETURN FUND II vs AFFIN HWANG WORLD SERIES - GLOBAL EQUITY FUND - MYR as a wholesale global fund? say if you have MYR 100k, which one will you choose?

personally, I i would pick the former because (correct me if i'm wrong)
1) its actively managed
2) they have a performance fee, which means they have incentive to perform,
3) the fund has been around for quite some time and survived a some recessions.
4) presence of redemption fee: it means your fellow investors will think twice before selling. this in turn lowers the volatility for the fund.

the problem is however, the lack of ability to average down (since only 100k is available, which is the min requirement) so if one only have 100k for this fund, he has to brave the storm in a downturn. then again, given the whole world to invest, the downturn shouldn't be that bad anyway for a seasoned fund.

*on a side note, for my real portfolio, im gonna top up ponzi quantum

that's where there is a discussion. if one has 500k, then no discussion liao. definitely AR2. because you have 1 initial investment and 8 DCAs. Definitely agree with Vanguard 2015

but if one have only 100k, then that's where it really depends if one has bola besi or not means no DCA already. its as good as a closed ended fund. you can't add or sell for 6 months unless you are willing to pay the redemption fee. in my case, if I really were to get 100k, i'll tarik from my house loan, which is another risk


for the first IF, definitely go for AR2 already I think.
for the 2nd IF, if really true then huat arrr

This post has been edited by joylay83: Feb 26 2017, 12:14 PM

- double post -

This post has been edited by joylay83: Feb 26 2017, 12:11 PM

+100

Affin Hwang bond fund ---> Ponzi 1 Quantum = 2% SC
(promo not applicable to intra-switch)

puchongite Thanks for the video

VCA basically means you top up when the VALUE is cheap, unlike DCA where you top up on a fixed time period regardless of the value.

so now the question is how do you now the value is cheap? there are several methods to go about it, each have their own preference.

VCA is for the faint hearted, but worth it in the long run.

If i am platinum acc with FI:EQ 9:1 then platform fees maybe kinda significant la.... if having the traditional FI: EQ 4:6 then i'd say the platform fees are not significant. btw 0.05 x 4 is 0.2, not 0.4%.

For POEMS, I think if got large amount e.g. around 50-100k RM at least then worth to transfer (at least for me), if not, the TT charges oledi a significant % liao.

This is just my opinion..

That's why some ppl believe to teach your children how to fish (invest for themselves) and leave nothing for them. They will then divide their estate while they are still alive (estate succession). That's how they avoid these taxes. Alternatively, some engage estate managers e.g. Whitman

If you have the holding power and besi heart, ponzi quantum ftw

From Any institution / fund house to FSM, from my previous experience:

1. print out a statement of your holdings (PM in this case) and email fsm, tell them you want to transfer this to FSM.
2. for funds that FSM have and can transfer directly, FSM will take it from there.
3. for funds that FSM have, but cannot transfer directly, they will ask you to sell from there and buy in FSM. you get RM for RM 0% sales charge.
4. for funds that FSM do not have, you will have to sell your funds and buy any funds in FSM. you get RM for RM 0% sales charge.

note: plz don't sell equity and buy bond in fsm, you rugi big time.

I have transferred Pm and eUT to FSm via (3) and (4). no problems.

j.passing.by tqvm for your post shall wait and see if the extra top up is worth it

I prefer to have exposure to indon via the 2 ponzis. let the ponzis switch between m'sia - china - indon. do not have very good experience with indonesia specific fund last time (eastspring).

suzen's wrap account?

Any1 gonna top up ponzi 1?

sorry want to ask a stupid question... anybody kena ask to verify and produce document that u r a sophisticated investor? can we main beli jer?