https://www.fsmone.com.my/funds/tools/facts...ss?fund=MYML008

where do you get the 5% yearly fees?
the Annual Expense Ratio of the fund is 1.86% from the fund factsheet.

i assumed u get the number of 3.74% by adding up Annual Management Fee, Annual Expense Ratio, Trustee Fee.
but as i know, Annual Expense Ratio is inclusive of Annual Management Fee and Trustee Fee, which mean the total yearly fees is only 1.86%, that is the price to pay for trying to beat the market (VOO)
and plus the benefits of
- not having to worry about FX rate/cost when you are trying to send your MYR to IBKR
- having funds located in Malaysia, easier for my family to claim my funds when i passed away

https://www.fsmone.com.my/rsp

hope the articles in this page answer ur questions

That’s why we diversify our portfolio into more than one country?

i think many people here are trying to play god.

DCA is just a strategy that can make it easier to deal with uncertain markets by making purchases automatic. It also supports an investor's effort to invest regularly.
It help people eliminates the effort required to attempt to time the market to buy at the best prices, quoted from https://www.investopedia.com/terms/d/dollarcostaveraging.asp

It suit certain group of people
- who only have a small amount of money to invest each month
- who feel stress trying to time the market

and of course you still need to pick a fund/etf that invest in a sector/region that you think has growth potential. noone say DCA is a sure win strategy

looking for a good company to invest is already challenging enough, and able to buy it at a good price is even more challenging.
and you all expect everyone to be able to do that?


and someone who mentioned that only DCA into 1 fund for a long time may still losing money is even more arguable, if your portfolio only have 1 fund or 1 stock, you may need to seriously relook into your portfolio and diversify it.

This post has been edited by zebras: Dec 22 2022, 09:04 PM

you should look into bond/fixed income funds, it has higher return now due to the increase of interest rate

ETF RSP fee is
0.08% or
Minimum USD 1

I understand that investing RM100 would result in 4.5% fee due to the USD1 min fee.

but how this is 4.5 times more expensive than Rakuten, which with a USD1.88 min fee as you mentioned in your previous post?

would love to learn more about this

Rakuten per trade at rm1000 will cost about less than rm9 about usd220 per trade will cost usd1.88 plus stamp duty about 1.92 in the end


FSM ETF RSP per trade at rm1000 will cost USD1 (rm4.48 based on google FX rate now) plus stamp duty, maybe rm5+ in the end?


how is rm5+(FSM ETF RSP) 4.5 times more expensive than rm9 (rakuten)?


i understand that FSM normal stock/etf trade is very expensive at USD8.8 min fee, but i think we were talking about FSM ETF RSP here.

i will not touch any bond that is not investment grade bond, not worth the risk to lose all the capital

might as well invest in equity with that kind of risk

This post has been edited by zebras: Mar 21 2023, 05:24 PM

use unit trust to access market that require active management like China, Malaysia, these market indices had been flat for many years, if u had held a ETF that track these market, your portfolio would be flat for many years.
for developed market like US, ETF most likely would be a better choice as there are very little unit trust that beat the US indices.
unit trust managers charge fees in an attempt to outperform the market, but whether they succeed or not is a separate matter, thats why choosing the right unit trust is very important too.

This post has been edited by zebras: May 31 2023, 12:45 PM

the Global Disruption fund is a terrible fund, that exploits investors by funneling their money into an ETF without offering any substantial value or meaningful investment strategy
it is sad that such a fund tarnishing the entire unit trust industry, and this is not the only fund doing these
investors who have been exposed to unit trust with this fund as their first investment are highly likely to lose their trust and refrain from making any future investments in unit trusts.

This post has been edited by zebras: Jun 1 2023, 09:26 PM

there will be TT charges, not worth it if ur USD amount is small.

why dont invest it into some USD short duration bond fund or US Treasury Bill if you are not planning to use it?

This post has been edited by zebras: Jun 30 2023, 10:26 AM

Hi, I thought you would like this article, 0.5% Sales Charge on Recommended Unit Trusts 2023/24
URL: https://www.fsmone.com.my/funds/research/ar...t-trusts-202324

Bond fund return even higher now with rising interest rate


Check this Fund on FSMOne 👀
AmanahRaya Syariah Trust Fund

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYARFSTF

Year to date return already 3.35%

deleted

This post has been edited by zebras: Jul 11 2023, 10:00 AM

if not mistaken ifast global bank is offering near to 5% rate for USD FD and instant withdrawal between ifast/fsmone platform


https://www.ifastgb.com/interest-rates?prod=fixedterm

This post has been edited by zebras: Jul 11 2023, 10:02 AM

1. Processing Fees (USD 1.00)

this is the subscription fee, i just got the answer from their customer service.

it mean ETF RSP will be 0% processing fee until 31 Dec 2024



This post has been edited by zebras: Jul 28 2023, 04:13 PM

u can do a quick comparison with google sheet
and it depend on what exchange u trade on and what is ur trade amount