Welcome Guest ( Log In | Register )

5 Pages < 1 2 3 4 > » Bottom

Outline · [ Standard ] · Linear+

 eUT / POEMs / Phillip Mutual Berhad UT discussion, Coz' Fundsupermart not cheapo enuf'!

views
     
GrumpyNooby
post Jul 24 2020, 12:23 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 24 2020, 12:22 PM)
Be it office rental or mall or even car park problem is people working from home is higher now with covid19
My son now work from home don't need go office since covid19
Everyday talk to a computer more than talk to me
I ask him call his computer father than call me father
*
Short term wise, REIT is pessimistic.
Medium and long term wise, REIT could be promising.
So as some has said in FSM thread, time horizon is key determinant.
GrumpyNooby
post Jul 24 2020, 12:26 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 24 2020, 12:25 PM)
People always say buy on fear but fear become hear attack die
*
It is an opportunity if you have a brave and strong heart.
GrumpyNooby
post Jul 27 2020, 05:10 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 27 2020, 04:52 PM)
Question
today i buy into this new UT lets just say UT ABC and the price when i place the order is 1.0000

3 days down the road i yet to see UT ABC appear in my "holding" and the price is 0.9000 (10% drop)

so since it is not appearing in my "holding" screen i cannot even do redemption

then when reaches 4th day when i see it become 0.8000 (20% drop) so now finally i see it if i redeem now then i loss 20% investment

here are my question:
1. is there a way to redeem before u see it in your holding, which i assume no since there is something call T+4 or T+5 before they can actually appear.

2. is there a cooling period, lets just say really so bad luck 1st day beli 1.0000 2nd day become 0.7000, do i get a refund or cancel order or cooling period?
*
2. You can exercise cooling off for the first time only (not of subsequent top ups) within 6 business days:

The Cooling-Off right refers to the right of the investor to obtain a refund if he should change his mind about an investment he has made in any of the Funds if he so requests within the cooling-off period i.e. within six (6) Business Days of the date of his application.

A Cooling-Off right is only given to an investor, other than those listed below, who is investing in any of the unit trust funds for the first time for each Unit Trust Management Company:

A. A corporation or institution.
B. A staff of Phillip Mutual Bhd.
C. Persons registered to deal in unit trusts of Phillip Mutual Bhd

How do I apply cooling off?
1. Kindly email to phillipmutual@poems.com.my and eUnittrust@poems.com.my for Cooling Off request
2. The refunds for every Unit held would be based on :
i. The NAV per Unit on the day the unit were first purchase
ii. The Sales Charge per Unit originally imposed on the day the Units were purchased.

https://www.eunittrust.com.my/Home/HowTo

This post has been edited by GrumpyNooby: Jul 27 2020, 05:12 PM
GrumpyNooby
post Jul 29 2020, 06:29 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 28 2020, 10:15 PM)
Thank you Bro GrumpyNooby

here come another weird question.

So let just say i purchase UT A for RM1000
Then after 1 week the price went up to RM1001
so technically i earn RM1
So Gross Investment is RM1000, Profit / Loss is RM1
so today i decided to switch from UT A to UT B 100% switch which means i am investing in UT B  for RM1001
So now what is the Gross Investment, Profit / Loss?
to my surpise the system will show Gross Investment as RM1001 and Profit / Loss = 0
which i dont understand why
*
The system said you got unrealized profit of RM 1 which is calculated based on the NAV of the date before switching is done.

When perform switching, your holding has to be recalculated with the NAV of the date when switching is placed/executed subjected to 4pm cut off time.
You won't know the NAV of the date until trading for the day has ended.

Check the NAV before and on the day switching is performed. Also check if the switching is free or not.
GrumpyNooby
post Jul 29 2020, 12:54 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 29 2020, 11:35 AM)
question again:

today i bought UT A and UT B at the same time
after 4 days, UT A appear in my
after 4 days, UT B not appear

i would assume that all UT has a different T+Days so that is the reason why not like Opus simple always T+1

betul tak?
*
1. Depends on the both UT A and UT B are from the same fund house
2. Depends if both UT A and UT B are local based fund or has offshore exposure

FSM and eUT are middleman. It has some processing time to get things updated into respective portfolio view platform.
GrumpyNooby
post Jul 30 2020, 10:59 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 30 2020, 10:51 AM)
question:
inside eUT there is a field label as Indicative Price
what is indicative price vs NAV
so i did some investigation
let us just say UT A the price on 29th July is 1.0003
Indicative price on today is still showing as 1.0000
does it mean i should not refer to indicative price to see if is profit or loss but look at the NAV of the day?
how come this eUT usesĀ  indicative price and not NAV
OpusTouch concept more easier to understand
*
Indicative Price should be last updated NAV in the portfolio view.
It may not have the latest NAV especially for FSM or eUT since they're just middleman.

This post has been edited by GrumpyNooby: Jul 30 2020, 10:59 AM
GrumpyNooby
post Jul 30 2020, 12:11 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Jul 30 2020, 12:04 PM)
last question - the fee in eUT is on promo fee till 31st, but 31st is a Public holiday, so i can still enjoy the promo rate on 31st?
*
Terms and Conditions
1. This promotion is only valid from 18th June 2020 to 31st July 2020 (cut-off time 3pm).
2. The promotion is only applicable to eUnittrust.com.my account holders only. Participants who don’t have an account with eUnittrust.com.my will need to open an account first to be eligible for the promotion
3. The promotion is only valid for transaction done online via website www.eunittrust.com.my
4. This promotion does not apply to Transfer and RSP (Regular Saving Plan).
5. The number of participating funds for this promotional campaign may increase during the period of this campaign.
6. eUnittrust.com.my account holders that purchase selected promotional funds are not entitled to qualify to any other referral program incentives or contest.

Yes, you can place order but the order will be processed on next Monday using 3/8/2020 NAV since it is not trading day for local equity market.
GrumpyNooby
post Aug 3 2020, 07:33 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(CSW1990 @ Aug 3 2020, 07:32 PM)
Saw this also this morning, I took this opportunity to top up more on gold fund.. I think they forgot to adjust back to normal rate
*
So do they honour the 0% service charge on the order after 31/7/2020?
GrumpyNooby
post Aug 4 2020, 12:48 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
PMMMF return as of July 2020

user posted image
GrumpyNooby
post Aug 4 2020, 01:18 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(CSW1990 @ Aug 4 2020, 01:10 PM)
just saw this from their homepage.. promotion until 1st sep
user posted image
*
When I posted the PMMMF return that time, the banner isn't updated yet. sweat.gif
GrumpyNooby
post Aug 11 2020, 02:41 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Aug 11 2020, 02:33 PM)
PMMMF if withdraw today how soon will see money inside bank account?
*
QUOTE(Ramjade @ Jul 20 2020, 08:11 AM)
It takes 2-3 days to get money out.
PMMMF takes same day if using Maybank before 11am
*
GrumpyNooby
post Aug 11 2020, 03:09 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Aug 11 2020, 03:06 PM)
Yet to try will try tomorrow
*
Not sure what you wanted to test, prove or try.

People has done and shared the experience.

What you want to prove by testing how fast with redemption process?

You did at Opus Touch when people has already said within T+1. Now you want to repeat on PMMMF. rclxub.gif

This post has been edited by GrumpyNooby: Aug 11 2020, 03:12 PM
GrumpyNooby
post Sep 1 2020, 12:29 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
PMMMF rate as of 31/08/2020 is 2.05% pa

user posted image
GrumpyNooby
post Sep 2 2020, 07:11 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(Zegoon681111 @ Sep 1 2020, 10:25 PM)
No cimb funds  cry.gif
*
Principal funds can buy from CIMBClicks.

They're offering 1% SC till end of the year:
https://www.cimb.com.my/en/personal/promoti...unit-trust.html
GrumpyNooby
post Sep 10 2020, 04:36 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(no6 @ Sep 10 2020, 04:29 PM)
is it advisable to have multiple investment channels in order to save on the sale charges?
*
Only if you can track them properly.
I have a master spreadsheet to track all my unit trust funds.
And I'm also a frequent user of CIMBClicks; I'm not creating any additional account like myEastpring.
GrumpyNooby
post Sep 10 2020, 07:42 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(no6 @ Sep 10 2020, 07:29 PM)
is cimb interface as good as fsm ?
*
Obviously no. There's no charting tool.
GrumpyNooby
post Oct 1 2020, 08:40 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(CSW1990 @ Oct 1 2020, 10:46 AM)
October zero sales charge promotion!

user posted image
*
Seems like every month also got. sweat.gif
GrumpyNooby
post Oct 2 2020, 06:19 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Oct 1 2020, 10:32 PM)
Then buy more lo
Anything to intro?
*
Don't have account.
Fund recommendation just refer to FSM thread.

GrumpyNooby
post Oct 5 2020, 09:15 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
PMMMF return as of September 2020

user posted image
GrumpyNooby
post Oct 5 2020, 09:20 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(majorarmstrong @ Oct 5 2020, 09:17 AM)
Hebat
*
What is so "hebat"? It is below 2% pa already.

5 Pages < 1 2 3 4 > » Top
 

Change to:
| Lo-Fi Version
0.0357sec    0.86    7 queries    GZIP Disabled
Time is now: 19th December 2025 - 08:05 PM