Yea, their reply is slow, I just get my account during lunch time.

Just redeemed some $ from PMMMF, and had a look on new web site, In fact, i think the web site was improved significantly compared to the old website, adding many useful information.

just my 2 cent, Some useful information that i found:
- Once transaction had been submitted, Go to "online transaction history" then click "search". You can see the detailed status of trnx under 'Transaction Revision History' by clicking trnx ref number.
- Once the transaction had been done, transaction move to 'transaction history'. Last time, you can only see tranx month by month; now u can select the time frame and filter by type of tranx (dividend, buy or sell)
- The receipt of buy/sell/switch is 2 full page of PDF, more like a receipt.


Good

Yesterday and day before was disaster, now have improved, but more improvement can be done

what u adding?

today i check only 1.5 month my Philip Equity +5.6%...

Can someone please explain how dividends work ?
What if I invest right before the ex date? I get dividends too? Pro-rated?

What are the charges to switch equity funds, different companies
Like CIMB ASEAN to Eastspring GEM
on eUnitTrust
Is it 0% ? What about sales charge ?

This post has been edited by jfleong: Nov 3 2017, 10:12 AM

eUT has no credit system, so inter fund house switching will be treated as sell-then-buy.

But it has regular promotion and each promotion as usually about 2 weeks - 1 month, so during that time, inter fund house switching will be 0% service charge if the target fund is in the promotion list and the amount involved meets mininum 5k criteria.

Dividends or rather income distribution in unit trust, there is no need for pro-rated calculation because whenever income distribution is given, at the same time the Nav will be dropped. So all the money is coming from your own money, the fund house is just shifting the money from one pocket to another.

This post has been edited by puchongite: Nov 3 2017, 10:24 AM

How long does eUT take to process purchases ?
I bought on Thursday around 8am, paid straight away with FPX, processing then processed by 9:30 am, but till now still processed , not even priced ?
The pricing is based on the NAV of the payment/processing date right? Done before cut off time

Base on my experience, for non money market fund, the purchase trnx will be completed by the end of T+2.
Ur holding should be updated by tomorrow morning.

What about if one switches from one fund to another? How long does that take?

If intra switching, tranx will be completed on T+2. 2 days faster than FSM.

Intra-switching means switching within the same fund house, right? What if it's switching between different fund houses?

Intra-switching means switching within the same fund house, right?
Yes.

What if it's switching between different fund houses?
It depends on what are the switch sell fund and switch buy fund. You can always call them for confirmation, if u want.

From my limited experience, if perform EXTERNAL switching from non money market fund to a non money market fund by today before 3pm (Transaction day).
- Switch sell fund will be priced as NAV on T day.
- Switch buy fund will be priced as NAV on T+2.
- Holding will be reflected at the end of (T+2) +2.

If perform EXTERNAL switching from PMMMF to a non money market fund by today before 3pm (Transaction day).
- Switch sell fund (PMMMF) will be priced as NAV on T day.
- Switch buy fund will be priced as NAV on T day.
- Holding will be reflected at the end of (T) +2.

I'm interested to invest with Phillip Mutual but zero knowledge. Try to read the thread but it seems you guys on advance level. Got thread for noob?

Just wondering, this thread is rather quiet compare to FSM.
Is there any reason? haha

I personally have an account in eUT and just started my investment, hoping to get more experience sharing here.

For trading strategies and more in-depth discussion, head over to FSM.

Over here discussion is mainly concentrated on tactical especially on how to minimize trading cost.

Both side of discussion are important.

Xuzen

This post has been edited by xuzen: Nov 15 2017, 02:26 PM

I see, got it. Thanks!

Is the link for on line payment for UT purchased working ?
I tried Firefox, Google and have no success?
I find the response from eunit trust extremely poor when you send them them by email .
I have to call them for answers.
I hope Eunit trust staff is looking in and provide some explanation.

Online payment - is it fpx or interbank transfer ?

Don't use interbank transfer as it is not end-to-end connected. Use FPX instead.