my bad, wrong SA

This post has been edited by tadashi987: Jul 14 2021, 06:34 PM

Stashaway Simple in SG dont pay dividends one, actually not having dividends should not make a difference. Heck, paying dividends and having them not reinvested is worse.

PMed you

Especially sitting in cash pile and not able to do anything with it

Ah I see. SA might just lump them together with July.

Didn't have any update on the 1st though.

Sa will calculate based full calendar month

Check back on 1st August because SA switch in mid June hence June and July’s will be calculate together

Ah for some reason I thought you meant check back 1st July 😅. Will do on the 1st August

is AmIncomePlus fund considered as good as or even better than fd ?
would it be better to buy AmIncome fund through fund houses rather than SAMY ?

https://www.fsmone.com.my/funds/tools/facts...t?fund=MYAMICPS
[FSM is not able to buy thou]

IMO there is gives and takes, merely a preference

compare with the yearly performance, FD rate might outperform at some years
but FD has lock in period, amincome plus dont have

SA amincome plus allow you to invest in small amount, slower settlement period
buying through fund house require you to fulfill min and subsequent investment amount.

Buying through fund houses be prepared to pay for management fees

Don’t compared to FD because Simple interest while MMF is compounded by daily interests hence MMF will still outperform FD anytime

Just tried on fsm, seems no problem can buy AmIncome, no ?

Isnt management fees are paid as well even though buying through SAMY ?

that's Amincome not Amincome plus, they are both different funds.

management fee by fund manager on the fund itself is charged anyhow u bought from SA or FSM or any other channels.

but there are others fee e.g. sale charge, platform fee or not, it is depending on the distribution channels.

FSM dont distribute this fund,
SA dont charge any fee.

Through SA no fees plus guaranteed 2.4% plus rebates from SA

If you buy direct 0.7% management fee hence you earning 0.2% lesser

Learn to check and read properly on the sales charges beforehand simply buying a fund

sorry my bad

Amincome Plus seems to be having better calendar year annual return, wondering are they having different kind of risk profile
Would you consider Amincome Plus ?

This post has been edited by no6: Jul 16 2021, 06:37 PM

buying direct incur management fee whereas through SA without ?

for me it is no brainer, riskier, higher return. usually, it is how it works.

for your question would I consider Amincome Plus? yes, why not
in fact I even park my money in a higher risk income fund

I am not persuading you to do so thou, everyone has different risk appetites.

let me somehow teach u a way of gauging your risk appetite, by the downfall rate
taking the example of 2020 March crash, amIncome plus fall from 101.53 to 99.94 which is approximately -1.57%



are you ok with this risk/downfall? if yes, then why not, you are happy to go with the 'riskier' fund with better performance.

This post has been edited by tadashi987: Jul 16 2021, 06:43 PM

I think plus more to short term bond.
Amincome more toward mmf.

Can check both fund fact sheet

This post has been edited by ironman16: Jul 16 2021, 07:02 PM

It is not true at all. FD rates can be higher than MMF interest even though it is not compounded. It depends on the actual difference between the rates offered.


There is fee also when buying from SA, they just give rebate back to the customer. The 2.4% is indicative and not guaranteed and it includes the rebate. You should know better.

mind to share what are other income fund worth considering ?

i am looking at china bond fund this years, local bond fund are not performing well this year due to MYR.
but china bond fund might be a bit high risk to you, so do ur due diligence.