QUOTE(rojakwhacker @ Jan 9 2020, 10:21 AM)
1)Income plus fund = RM1000 for initial investment
2)Money plus fund = RM1000 for initial investment
After initial investment, RM100 add on investment is allowed. If not wrong, each type of fund must have minimum balance RM1000 at all time for the fund to stay invested.
Example:
1st Jan: Invest Income plus fund, initial investment RM1000.
3rd Jan: Invest Income plus fund, add on investment RM100.
1st Feb: Redeem Income plus fund, RM1100 + interest (if interest is available).
5th Feb: Invest Income plus fund, initial investment RM1000. (Not allow to invest RM100 as fund account have RM0 due to redeem in 1st Feb).
Just wonder is it capital guaranteed? Not really understand the fund.. IPF or MPF safer?2)Money plus fund = RM1000 for initial investment
After initial investment, RM100 add on investment is allowed. If not wrong, each type of fund must have minimum balance RM1000 at all time for the fund to stay invested.
Example:
1st Jan: Invest Income plus fund, initial investment RM1000.
3rd Jan: Invest Income plus fund, add on investment RM100.
1st Feb: Redeem Income plus fund, RM1100 + interest (if interest is available).
5th Feb: Invest Income plus fund, initial investment RM1000. (Not allow to invest RM100 as fund account have RM0 due to redeem in 1st Feb).
Jan 9 2020, 08:22 PM

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