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

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Kaka23
post Oct 19 2022, 11:07 AM

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hello... any one know how long it takes to redeem equity fund from eUT?

T+3 ?
drbone
post Jan 18 2024, 09:13 AM

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QUOTE(Kaka23 @ Oct 19 2022, 11:07 AM)
hello... any one know how long it takes to redeem equity fund from eUT?

T+3 ?
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For Maybank acc holders, if done before 945am , funds wil b in by evening , the same day
thecurious
post Jan 18 2024, 09:54 AM

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QUOTE(drbone @ Jan 18 2024, 09:13 AM)
For Maybank acc holders, if done before 945am , funds wil b in by evening , the same day
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Unit trust can sell and receive fund in the same day???
Ramjade
post Jan 18 2024, 10:15 AM

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QUOTE(thecurious @ Jan 18 2024, 09:54 AM)
Unit trust can sell and receive fund in the same day???
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Mmf can. Normal unit trust no.
MUM
post Jan 18 2024, 10:19 AM

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QUOTE(thecurious @ Jan 18 2024, 09:54 AM)
Unit trust can sell and receive fund in the same day???
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I think if I can remembered correctly, some had mentioned t depends of whether if the fund is local focused or not. Local focused will be faster than foreign countries focused funds as it involved forex and perhaps overseas holdings transactions etc too
thecurious
post Jan 18 2024, 11:01 AM

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QUOTE(Ramjade @ Jan 18 2024, 10:15 AM)
Mmf can. Normal unit trust no.
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QUOTE(MUM @ Jan 18 2024, 10:19 AM)
I think if I can remembered correctly, some had mentioned t depends of whether if the fund is local focused or not. Local focused will be faster than foreign countries focused funds as it involved forex and perhaps overseas holdings transactions etc too
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Thanks for these info. Didn't know there were such differences. Thought it all took around a week.
drbone
post Jan 20 2024, 09:54 AM

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QUOTE(thecurious @ Jan 18 2024, 09:54 AM)
Unit trust can sell and receive fund in the same day???
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This is for cash management fund. Philips money market fund.
guy3288
post Jan 23 2024, 10:45 PM

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Anyone buying Precious Metal securities? 0 fee now.
Embrangle
post May 2 2024, 09:26 AM

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Anyone know how they make money from 0 fee promotions. ITs quite often every now and then. Do they put it in the spread? Fundsupermart promotion also 0.X% not free.
Ramjade
post May 2 2024, 09:32 AM

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QUOTE(Embrangle @ May 2 2024, 09:26 AM)
Anyone know how they make money from 0 fee promotions. ITs quite often every now and then. Do they put it in the spread? Fundsupermart promotion also 0.X% not free.
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Trailer fee. The more money you can give the fund house, the larger amount you get paid.
Ramjade
post May 15 2024, 06:37 PM

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QUOTE(Vincent9696 @ May 15 2024, 06:19 PM)
interested to know which platform u meant
What is the versa saving basic rate right now?
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Poems sg
https://www.poems.com.sg/platforms/poems-2-0/

Nowadays I don't bother with unit trust either as I am cash flow investor. All my stocks must be able to generate positive free monthly cash flow.

I suspect moomoo sg also can buy unit trust online.

This post has been edited by Ramjade: May 15 2024, 06:41 PM
Nemozai
post May 15 2024, 07:07 PM

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QUOTE(Ramjade @ May 15 2024, 06:37 PM)
Poems sg
https://www.poems.com.sg/platforms/poems-2-0/

Nowadays I don't bother with unit trust either as I am cash flow investor. All my stocks must be able to generate positive free monthly  cash flow.

I suspect moomoo sg also can buy unit trust online.
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Just curious what foreign investment can generate positive free cash flow monthly ? Dividend u mean ?
Vincent9696
post May 16 2024, 08:39 AM

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QUOTE(Ramjade @ May 15 2024, 06:37 PM)
Poems sg
https://www.poems.com.sg/platforms/poems-2-0/

Nowadays I don't bother with unit trust either as I am cash flow investor. All my stocks must be able to generate positive free monthly  cash flow.

I suspect moomoo sg also can buy unit trust online.
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thanks for bring in me new topic to discover it

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