Hey all. Newbie here, just created my FSM account. I'm planning to apply for the Regular Saving Plan (RSP). But I'm not sure which one to go with. I want to buy the CIMB-PRINCIPAL ASIA PACIFIC DYNAMIC INCOME FUND, but it's not available without putting the minimum initial investment tho. Any advice for me?

Got budget then buy minimum investment then can top up any time (when there is a down trend)

If no budgets,  then RSP and u can top up any amount after it reflect in ur account. (I alway do this one for several UT, seen the minimum investment amount alway at least 1k. @_@)

if I can only afford RM500, and a monthly RSP of RM 200 every month and if it is my first time venturing into UT.....
at RM 200 available, which can only do monthly RSP on 2 funds (min subsequent investment of RM 100 each)
I would select to do RSP on
Kenanga Growth Fund and Affinhwang Select Bond fund

these 2 would be the funds that I would test the water with......

apart from acting as my UT portfolio stabiliser, it is for this performance and no need to try your luck go hunting for ASNB units every month to top up RM 100 of units

If you want to invest, the solution is obvious
While I advocate not flaming, sometimes cant help it cause how idiotic some replies can be. So I want to reply to you.

While many here share on how bonds stablises the portfolio, also mean that it lowers your potential return. Lower risk, lower return, a fair trade off. But doesnt mean you really have to invest in bond fund. As long as you understand the risk, you can ignore those who say, oh, divide between equity and bond. Nobody knows which combination is better. But make informed decisions on the risk involved. Nobody knows if it is a right choice. Take with a pinch of salt of the comments here.

do you want a broader segments funds like TA's or a focused fund like  maybank's?

it is in the name of that fund,....Sustainable Technology Fund

thus it should be focused in sustainable tech only.

but then,...they seems to be highly correlated    :confused:

I hold these 2 funds and the result as below :

                                                                                            ----------%
TA Global Technology Fund                                                ---2 yrs  ---51
Maybank Global Sustainable Technology Fund-MYR Hedged    --- 6 mths    ---9


rgds.

I think I share about this before overlapping of the top 5/10 holdings among different funds. In this case obviously you don't need to buy 2 just 1 is enough. Then which one correct? I share my thoughts.

1. This fund X is say fund house Y. Does Y also offer other funds that look promising? If yes fund X ok as I can do intra-switch easily to other funds in same fund house in case fund X drop too badly

2. This fund X min initial and subsequent invest amt. First time buy we tend to be cautious and don't want put too much in. As in we want to test water. FSM Spore latest promotion give us this chance.

3. Historical performance. For new funds there are no past record to refer to so it is more of a higher risk but it can also mean this newbie is promising also.

4. Some newbie fund are just feeder fund to mother fund which has a long history so this newbie is riding on that mother fund. Not exactly a newbie. Look at their expense ratio for feeder fund it should not be too much since their job is easier just put monies and let mother fund do the hard work of picking stocks.

I hope others share their thoughts too.

1. Similarity - I don't think they are similar in long term. They may look similar if you take a 6 month snap shot. What fund manager A may do to MSFT during $400, 10% holding may be very different to Manager B may do with MSFT during $400, 1% holding.

2. Initial price - WRONG. All you should care is whether the fund grows or not. It is absolutely nothing to do with the price per unit.
3. New fund can grow more? MAYBE. Your fund total NAV is comprised of 10% MSFT ($350 each), 5% Google ($2500) etc. Tell me how a newer fund just because of time of inception can suddenly grow more than another fund who has the same amount of security?
The only way it grows is NOT by you (subscriber or unit holder) buying more. There is an unlimited number of units created as and when new units are purchased. The NAV of each unit grows when the value of the security it holds grows, compared to when you bought it.

Similarly when you sell, it does not impact the value of the unit (at least not by much).

Edit-sorry I used too harsh word...

Edit 2 - on 2nd thoughts, it is sometimes true that a small fund can grow faster than a big fund. I apologize for not thinking through and blurbing out too soon. Mouth goes before the head. But this usually happens with close ended fund. And looking at the securities both funds are trading - probably Not going to happen.