QUOTE(Ramjade @ Feb 13 2017, 09:17 PM)
You can always google... wait did I say the obvious?FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D
FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D
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Feb 13 2017, 09:25 PM
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26 posts Joined: Mar 2007 |
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Feb 18 2017, 09:36 PM
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26 posts Joined: Mar 2007 |
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Mar 4 2017, 12:49 AM
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26 posts Joined: Mar 2007 |
QUOTE(Avangelice @ Mar 3 2017, 11:46 PM) I am hearing many people being scared about corrections and asking if they can bail out if it happens. the question is if you do bail out, how sure are if this is just a temporary correction and if it does correct would not recover after a year? so why panic? because...» Click to show Spoiler - click again to hide... « |
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Feb 26 2018, 01:42 AM
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26 posts Joined: Mar 2007 |
I have a general question regarding unit trust funds.
In the event of a market crash, can the fund manager sell off everything and hold cash? Or because they have to follow a mandate, for example '...invest minimum 95% in a certain market/sector', so they die die have to hold even though they know it is better to sell off before it gets worse? Will they? Any incentive for them to act in the investor's interest? It is not their money at stake anyway. Subsequently, what will happen if they do so? In Malaysia for example, market is small, and many stocks' substantial shareholders are institutions, most of them are these unit trust funds. When they do massive selling, will they cause panic in market and lead to further sell down? Did this ever happened? |
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