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 Opus Touch, Self-Service UT Platform

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GrumpyNooby
post Aug 24 2020, 04:41 PM

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QUOTE(majorarmstrong @ Aug 24 2020, 03:52 PM)
who has 100k? want to invest?

user posted image
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Obviously that person is you.
You said want to raise your amount from 20k to 200k, then you may feel the "kick".
GrumpyNooby
post Aug 24 2020, 04:53 PM

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QUOTE(majorarmstrong @ Aug 24 2020, 04:51 PM)
i really saja see see look look apa fund they have
so far i also dont know why they want to create so many type of fund basically almost the same thing lo
their exposure almost all same same
not much different from IPF
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You mentioned before that you want to try here, try there.
Maybe you try first and share us your experience.
GrumpyNooby
post Aug 24 2020, 06:33 PM

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QUOTE(majorarmstrong @ Aug 24 2020, 06:30 PM)
i also want to know will this fund IPF perform better than ARIM for this year?
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What is ARIM?
GrumpyNooby
post Aug 26 2020, 05:39 AM

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QUOTE(majorarmstrong @ Aug 26 2020, 01:18 AM)
Everyone said that but have anyone try to use other accounts ppl boost accounts to top up before and see if it accept or reject?
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Please try and let us know the outcome.
I'm pretty sure a lot of people would like to know the outcome. brows.gif
GrumpyNooby
post Aug 26 2020, 06:46 PM

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Distribution declared:


Date Fund Name Gross Income Distribution Rate Net Income Distribution Rate Ex Date
Aug 26, 2020 Opus Shariah Income Fund MYR 0.006 per unit MYR 0.006 per unit Aug 26, 2020
Aug 26, 2020 Opus Shariah Cash Extra Fund MYR 0.001 per unit MYR 0.001 per unit Aug 26, 2020
Aug 26, 2020 Opus Money Plus Fund MYR 0.0015 per unit MYR 0.0015 per unit Aug 26, 2020
Aug 26, 2020 Opus Cash Extra Fund MYR 0.0015 per unit MYR 0.0015 per unit Aug 26, 2020
GrumpyNooby
post Aug 26 2020, 07:59 PM

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QUOTE(majorarmstrong @ Aug 26 2020, 07:55 PM)
when is our turn IPF?
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Based on the distribution history, every 3 months.
Next distribution will fall on September but it is not committed to do so.
Its PHS said only committed for min once a year only.

user posted image
GrumpyNooby
post Aug 26 2020, 09:14 PM

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QUOTE(majorarmstrong @ Aug 26 2020, 09:11 PM)
i am still very noob when come to income distribution
to me i see got distribute no distribute is the same thing
after distribute price drop so it is like same same
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Are you sure of this?
You have been asking and talking about distribution for weeks.

This post has been edited by GrumpyNooby: Aug 26 2020, 09:18 PM
GrumpyNooby
post Aug 27 2020, 05:21 AM

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QUOTE(yklooi @ Aug 27 2020, 03:50 AM)
YES, that is very true for the amount of money you have in a UT fund before or after distribution is (about) the same.
This is NOT correct....as after the dust of the distribution had been settled,...any movement in the NAV will affect the total amount of money in your UT fund.
if the next day, the NAV drops 0.9% your money will be impacted by 0.9% also
if the next day, the NAV rises 0.1%, your money will be impacted by 0.1% also

(as after the dust of the distribution had been settled, the amount of money you have in a UT fund before or after distribution is (about) the same.)
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I'm not going to explain anymore.
I had explained many many times including examples quoted from experts at other fund houses.
GrumpyNooby
post Aug 27 2020, 10:48 AM

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QUOTE(AnasM @ Aug 27 2020, 10:41 AM)
Assume IPF have total fund size of RM 1000, with RM 10 per unit so total 100 unit.
If IPF want to declare dividend of RM 1 per unit.
Does it mean after distribution, the total fund size will be RM 1000 also?(assuming the bond price is static not moving)

So u mean that IPF no need to give tax to government for the dividend distribution?
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Distribution that you received is nett and you're not required to pay income tax for it.

This post has been edited by GrumpyNooby: Aug 27 2020, 10:48 AM
GrumpyNooby
post Aug 27 2020, 12:31 PM

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From IPF semi-annual report: FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 DECEMBER 2019

Whether the fund pays taxes to the government or not:

user posted image

And distribution declared by the fund:

user posted image


If got time, do dig the annual or semi-annual report:
https://www.opusasset.com/wp-content/upload...v=1598497343409
GrumpyNooby
post Aug 27 2020, 02:22 PM

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QUOTE(asimov82 @ Aug 27 2020, 02:20 PM)
is there android app for this? cant find in google playstore
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No app.
Just web.
GrumpyNooby
post Aug 28 2020, 09:20 AM

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For 2 days, both IPF and SIPF dropped a lot:

IPF: 1.0976 -> 1.0925 (-0.46%)
SIPF: 1.0504 -> 1.0474 (-0.29%)
GrumpyNooby
post Aug 28 2020, 09:23 AM

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QUOTE(majorarmstrong @ Aug 28 2020, 09:23 AM)
Buy more lo
Buy lower price ma
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How's your CEF? Doing well?
GrumpyNooby
post Aug 28 2020, 10:05 AM

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QUOTE(majorarmstrong @ Aug 28 2020, 10:04 AM)
i dont have a lot of money
just so happen yesterday recevie some FD earnings so top up lo
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But you were eyeing for CEF? hmm.gif
GrumpyNooby
post Aug 28 2020, 10:07 AM

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QUOTE(majorarmstrong @ Aug 28 2020, 10:05 AM)
i am a person who like to try everything
if i have the money i would want to try buying it as well
problem is no money
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I'm super curious to know what is so attractive of that particular fund. dry.gif
GrumpyNooby
post Aug 28 2020, 10:09 PM

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SIPF: 1.0474 -> 1.0456 (-0.17%)
GrumpyNooby
post Aug 31 2020, 06:48 PM

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QUOTE(iqlas @ Aug 31 2020, 06:41 PM)
If i understand correctly, transfer fee= withdrawal fee?

So let say i have rm5k in mpf and withdraw it to maybank account, the fee is rm5 ringgit right?
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If you're selling the fund, the process is called redemption.
Most of the funds have no redemption fee and proceeds from selling fund is usually fund transfer to nominated bank account.
GrumpyNooby
post Aug 31 2020, 07:28 PM

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QUOTE(!@#$%^ @ Aug 31 2020, 07:07 PM)
oic then what is this transfer fee? hmm
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Transfer is normally holdings tansfer to and from another fund house.
It could be either transfer in or tranafer out.
GrumpyNooby
post Sep 1 2020, 09:17 AM

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NAV for 31/08/2020:

IPF: 1.0908 (+0.0003)
SIPF: 1.0459 (+0.0003)
GrumpyNooby
post Sep 1 2020, 02:37 PM

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QUOTE(majorarmstrong @ Sep 1 2020, 02:36 PM)
i again top up RM2k today
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RM 2k only? blink.gif

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