I struck a deal with my friend at half of Instarem's rate - we pre-agree on the date and session of exchange e.g. date, morning/afternoon/evening. On that day and session I'll capture screens of:
i. Instarem - how much MYR it'll cost me to buy SGD
ii. CashChanger.co - how much MYR he'd get for that same amount of SGD (sub this for whatever money changer your friend uses)
iii. Shared Google sheet between both of us with formula to calculate based on Instarem's rate and half of the fee rate

My friend pretty cincai, as long as he's getting more than CashChanger.co he's happy enough. I offer him bonus service to key in captcha if he wants the money in ASNB too (best effort of course).

Not much difference in this case really, volume for both are high and the price for a slice is about the same. I guess GBP will have the advantage if funding is allowed in GBP via Instarem?

What is the annualized return of investment in SXR8 SP500 index fund?

if all time SP500, maciam 10%? long term view la. But no guarantee ya. If enter 1999, then gg 2000. If enter 2007, then gg 2008.

It's not about timing the market, it's about time in the market

hehe, ppl want in bull, out bear ma....listen too much to stock guru =D

Old article (RIP John) - but to set expectation to 4% level even though historically it's 9-ish-close-to-10%
https://www.cnbc.com/2017/03/22/jack-bogle-...ext-decade.html

No one knows if this is the tail of a bull run or we have another extension 2-5 years to go

Thank you for your reply, alexkos and roarus.

The returns from ASNB FP (which is considered as low risk) is around 5.5 to 6 %. Yeah, we cannot directly perform apple-to-apple comparison, between ASNB FP and SXR8 SP500 index fund.

Then again, the annualized return of investment from SXR8 SP500 index fund should be higher, in order to justify the multiple risks we have to bear, as compared to ASNB FP.

This post has been edited by kart: May 20 2019, 10:22 PM

You must factor in our amanah saham 6% maybe actually 3-4% after accounting for drop in RM.

did you eye on LCWD as well? i think should be tracking same index, TER 0.12% as well, but the volume and AUM already grow compared to SWRD.

but the differences:
1) it is by Lyxor
2) it is domiciled in Luxembourg, which I'm not sure if the witholding tax with US = 15%, as well any exit tax/ capital tax applied in Luxembourg domiciled ETF

do you have any info for these?

This post has been edited by tadashi987: Jun 24 2019, 11:38 AM

No, it wasn't in my radar.

Spread is similar to IWDA, and it's young so the price per slice is lower as well. Tracking error looks good too.

1) Shouldn't be an issue, AUM size looks healthy and growing and it's physical replication
2) I believe it's the same treatment as Ireland @ 15%, but do a search to confirm

Overall, not bad looking

Edit: Should've taken account spread as %
LCWD, 2 cents bid/ask spread at last done 10.62
0.02/10.62*100 = 0.1883%
TER: 0.12%

IWDA, 2 cents bid/ask spread at last done 57.98
0.02/57.98*100 = 0.0345%
TER: 0.20%

Looks like you're still dodging on TER but taking on spread hit at the moment

This post has been edited by roarus: Jun 24 2019, 10:56 PM

alexkos what bank do you input into interactive broker as the sending bank (instarem bank) when you initiate the transfer?

Instarem Malaysia Sdn Bhd as instructed

Not maybank/cimb/rhb?

No oh... Instarem sent oh.... I use pbb funding instarem

Not talking about Malaysian bank > instarem.
Talking about when you want to deposit say EUR, what is the sender bank you key into interactive broker page for sender bank (Instarem bank)

Wa Alex kor thank you so much for the info.

still growing my money in SA, once hit my target limit i will buy this low cost index funds the DIY way.

thank you bro

Welcome bro. SA is good if ur fund is cute at the moment. Just aim for whichever boat that saves u most money.

Got any Q can ask here. Sifuz can help.

Hmm.. Later I check Xia...screenshot post here....

yes, haha my fund in SA is very very cute at the moment.

will try to hussle and save as much as possible, hopefully can reach goal this year and dump in 1 lump sum to index funds.