Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
25 Pages < 1 2 3 4 > » Bottom

Outline · [ Standard ] · Linear+

 deleted

views
     
GrumpyNooby
post Jan 18 2021, 04:57 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(CSW1990 @ Jan 18 2021, 04:56 PM)
The one I screenshot is affin hwang select Asia Ex japan opportunity fund .

Checked other equity fund also zero sales charge shown
*
You have access to i-Access?
What is the sales charge over there?
Ramjade
post Jan 18 2021, 05:07 PM

20k VIP Club
*********
All Stars
24,346 posts

Joined: Feb 2011


QUOTE(TOS @ Jan 18 2021, 03:00 PM)
laugh.gif Who pays for the fund managers' salary then? If sales charge 0% the fund company can declare bankruptcy already.

The fees are moving to back-end clearly, so it becomes less transparent, no upfront fee means more fees to take back-end as recurrent revenue for fund management companies.

There is a reason why iFAST's shares are doing well in the past year.

The "no-commission" promotion is nothing more than a marketing gimmick, not unlike the Robinhood model that attracted so many retailers in the States.
*
That's why it's call trailer fees. Service charge just extra. Part of the fund management fees is the trailer fees.
TSironman16
post Jan 18 2021, 05:58 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(CSW1990 @ Jan 18 2021, 04:50 PM)
Wow, I just download the apps after saw this post and log in successfully

Saw the equity fund is zero sales charges, just dunno is permanent no charge or promotion only

user posted image
*
QUOTE(CSW1990 @ Jan 18 2021, 04:56 PM)
The one I screenshot is affin hwang select Asia Ex japan opportunity fund .

Checked other equity fund also zero sales charge shown
*
ya, i did flip2 a while

just afraid may b promo period kasi 0% sales charge...... whistling.gif

but i hope is permantly (so that can compete with FSM brows.gif )

This post has been edited by ironman16: Jan 18 2021, 05:58 PM
thecurious
post Jan 18 2021, 06:22 PM

Regular
******
Senior Member
1,617 posts

Joined: Mar 2020
promotion until 28 february 2021
GrumpyNooby
post Jan 18 2021, 06:23 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(thecurious @ Jan 18 2021, 06:22 PM)
promotion until 28 february 2021
*
Thanks for the confirmation.

Too early for being overly excited/happy. tongue.gif
TSironman16
post Jan 18 2021, 06:34 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(thecurious @ Jan 18 2021, 06:22 PM)
promotion until 28 february 2021
*
where u get it?
after that sales charge is ???

QUOTE(GrumpyNooby @ Jan 18 2021, 06:23 PM)
Thanks for the confirmation.

Too early for being overly excited/happy. tongue.gif
*
ya lo
TSironman16
post Jan 18 2021, 07:08 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


IT technician's can't solve my problem.
Memberi harapan yg besar, last kekecewaan yg amat amat mendalam

Mcm hilang mood sudah 😩😩😩

Balik fsm mencari kepuasan 🤣🤣🤣

This post has been edited by ironman16: Jan 18 2021, 07:08 PM
SUSTOS
post Jan 18 2021, 09:28 PM

Look at all my stars!!
*******
Senior Member
8,667 posts

Joined: Aug 2019
From: Penang <-> Singapore


QUOTE(ironman16 @ Jan 18 2021, 07:08 PM)
IT technician's can't solve my problem.
Memberi harapan yg besar, last kekecewaan yg amat amat mendalam

Mcm hilang mood sudah 😩😩😩

Balik fsm mencari kepuasan 🤣🤣🤣
*
Thanks for supporting iFAST. tongue.gif laugh.gif
TSironman16
post Jan 18 2021, 09:29 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(TOS @ Jan 18 2021, 09:28 PM)
Thanks for supporting iFAST. tongue.gif laugh.gif
*
u from iFast ? brows.gif brows.gif brows.gif
SUSTOS
post Jan 18 2021, 09:41 PM

Look at all my stars!!
*******
Senior Member
8,667 posts

Joined: Aug 2019
From: Penang <-> Singapore


QUOTE(ironman16 @ Jan 18 2021, 09:29 PM)
u from iFast ?  brows.gif  brows.gif  brows.gif
*
Nah, just an investor.
TSironman16
post Jan 18 2021, 09:49 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(TOS @ Jan 18 2021, 09:41 PM)
Nah, just an investor.
*
though u spy from iFast laugh.gif laugh.gif laugh.gif
TSironman16
post Jan 19 2021, 06:32 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


today just get some info from the friendly CS

Sales Charge for transactions carried through the app will be 0% - ends on the 28th of February 2021.

after that the sales charge if purchase from this apps is permanantly (until further notice) as below:
The sales charges have been lowered for the App as all transactions are User initiated
- Equity Funds : 1.00%
- Mixed Asset funds: 0.75%
- Fixed Income Funds: 0.50%

There will be no switching fees - unlimited through the app.

some fund come with minimum rm50, some r minimum rm100

they do come out with COMBO (managed portfolio)
e.g : starter, slow and steady, adventurous, high fly, ............
minimum initial i think is rm500 (because i try rm200 n been rejected)

i oso can see my PRS that purchase through FSM in this apps.

.....................................................................................................................................................

Today story:

my problem cant be solve, propose me a new and temporary id dan password.

must activate first through i-ACCESS portal first, baru use the same id n password to log in the apps directly without any verification (may b bcoz they have my info through PRS).

i did a quick flip2 and decide wanna try money market fund (easy to purchase n withdraw ma) that FSM doesnt have brows.gif
i stuck at process to transact bangwall.gif bangwall.gif , no respond after click......so i send the recording screen shoot to CS again.....

i think have to wait tomorrow rclxub.gif

Just curious, hmm.gif
Is that im the one with all of this technical problem?
How come the youtuber that purchase no problem at all?

My opinion about it:
Lack of info in this apps like didnt mention minimum initial RM500 to purchase the COMBO (i find out after the click), switching, redeem......unless all same as mention in fund factsheet whistling.gif
lagging do occur (when i click, around 10s wait, not sure is my hp/unifi/apps problem....) whistling.gif
i didnt like the background music although the youtuber mention is special (just afraid will affect the performance of apps, i dun know)

i think if like this one day one problem, i may b invest completely next week shocking.gif
CSW1990
post Jan 20 2021, 09:56 AM

Enthusiast
*****
Junior Member
995 posts

Joined: Dec 2016


QUOTE(ironman16 @ Jan 19 2021, 06:32 PM)
today just get some info from the friendly CS

Sales Charge for transactions carried through the app will be 0% - ends on the 28th of February 2021.

after that the sales charge if purchase from this apps is permanantly (until further notice) as below:
The sales charges have been lowered for the App as all transactions are User initiated
- Equity Funds : 1.00%
- Mixed Asset funds: 0.75%
- Fixed Income Funds: 0.50%

There will be no switching fees - unlimited through the app.

some fund come with minimum rm50, some r minimum rm100

they do come out with COMBO (managed portfolio)
e.g : starter, slow and steady, adventurous, high fly, ............
minimum initial i think is rm500 (because i try rm200 n been rejected)

i oso can see my PRS that purchase through FSM in this apps.

.....................................................................................................................................................

Today story:

my problem cant be solve, propose me a new and temporary id dan password.

must activate first through i-ACCESS portal first, baru use the same id n password to log in the apps directly without any verification (may b bcoz they have my info through PRS).

i did a quick flip2 and decide wanna try money market fund (easy to purchase n withdraw ma) that FSM doesnt have  brows.gif
i stuck at process to transact  bangwall.gif  bangwall.gif , no respond after click......so i send the recording screen shoot to CS again.....

i think have to wait tomorrow  rclxub.gif

Just curious,  hmm.gif
Is that im the one with all of this technical problem?
How come the youtuber that purchase no problem at all?

My opinion about it:
Lack of info in this apps like didnt mention minimum initial RM500 to purchase the COMBO (i find out after the click), switching, redeem......unless all same as mention in fund factsheet  whistling.gif
lagging do occur (when i click, around 10s wait, not sure is my hp/unifi/apps problem....)  whistling.gif
i didnt like the background music although the youtuber mention is special (just afraid will affect the performance of apps, i dun know)

i think if like this one day one problem, i may b invest completely next week  shocking.gif
*
I have their I-access account which I used to purchase PRS before and can login into the apps. I didn’t really try on purchasing from them directly as I always transact through FSM.
But looks like your problem happened to me too I am unable to proceed transaction from the apps.
From the portal website after login I am unable to transact too.
TSironman16
post Jan 20 2021, 11:52 AM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(CSW1990 @ Jan 20 2021, 09:56 AM)
I have their I-access account which I used to purchase PRS before and can login into the apps. I didn’t really try on purchasing from them directly as I always transact through FSM.
But looks like your problem happened to me too I am unable to proceed transaction from the apps.
From the portal website after login I am unable to transact too.
*
Seen like I'm not the only one 😂😂😂.
Until now still no solution.

I curious la, how come the youtuber than been invited no problem at all. 😅😅😅
thecurious
post Jan 20 2021, 10:22 PM

Regular
******
Senior Member
1,617 posts

Joined: Mar 2020
QUOTE(ironman16 @ Jan 20 2021, 11:52 AM)
Seen like I'm not the only one 😂😂😂.
Until now still no solution.

I curious la, how come the youtuber than been invited no problem at all. 😅😅😅
*
Finally had time to try the app and turns out cant even login lol...the app probably has some issues they havent sorted out yet...
TSironman16
post Jan 20 2021, 10:28 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(thecurious @ Jan 20 2021, 10:22 PM)
Finally had time to try the app and turns out cant even login lol...the app probably has some issues they havent sorted out yet...
*
Ya, me sometimes oso like this.

Today no news from them. Seen like my issue still pending can't be solve.

This apps been test by selected person since end of October, but after 2 months, end out like this.
What r they testing?

Just hope the affin officer or selected person can see my problem, what r they testing for the 2 months plus 😑😑😑

This post has been edited by ironman16: Jan 20 2021, 10:32 PM
thecurious
post Jan 20 2021, 10:34 PM

Regular
******
Senior Member
1,617 posts

Joined: Mar 2020
QUOTE(ironman16 @ Jan 20 2021, 10:28 PM)
Ya, me sometimes oso like this.

Today no news from them. Seen like my issue still pending can't be solve.

This apps been test by selected person since end of October, but after 2 months, end out like this.
What r they testing?

Just hope the affin officer or selected person can see my problem, what r they testing for the 2 months plus 😑😑😑
*
the app page shows only 100+ downloads lol...
100+ downloads also got things like these cant resolve...
like you said, dunno what they testing previously...
TSironman16
post Jan 20 2021, 11:30 PM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(thecurious @ Jan 20 2021, 10:34 PM)
the app page shows only 100+ downloads lol...
100+ downloads also got things like these cant resolve...
like you said, dunno what they testing previously...
*
😆😆😆
David_Yang
post Jan 21 2021, 10:45 PM

Enthusiast
*****
Junior Member
775 posts

Joined: Nov 2015


QUOTE(TOS @ Jan 18 2021, 04:00 PM)
laugh.gif Who pays for the fund managers' salary then? If sales charge 0% the fund company can declare bankruptcy already.

The fees are moving to back-end clearly, so it becomes less transparent, no upfront fee means more fees to take back-end as recurrent revenue for fund management companies.

There is a reason why iFAST's shares are doing well in the past year.

The "no-commission" promotion is nothing more than a marketing gimmick, not unlike the Robinhood model that attracted so many retailers in the States.
*
The fund managers salary is mainly paid by the management fee. The sales charge is going mainly to the seller. But yes, nowadays it is the trend that the sales charge goes down (not the official "up to ..." which only complete beginners with no idea pay) and the management fee is going up.

Basically I am quite interested in this product, but only if I can select everything by myself, no "managed portfolio" please.
TSironman16
post Jan 22 2021, 06:09 AM

Look at all my stars!!
*******
Senior Member
2,437 posts

Joined: Sep 2016


QUOTE(David_Yang @ Jan 21 2021, 10:45 PM)
The fund managers salary is mainly paid by the management fee. The sales charge is going mainly to the seller. But yes, nowadays it is the trend that the sales charge goes down (not the official "up to ..." which only complete beginners with no idea pay) and the management fee is going up.

Basically I am quite interested in this product, but only if I can select everything by myself, no "managed portfolio" please.
*
U gonna on hold first seen like many problems haven't settle in this apps. Unless u wanna test like me, until today since first day i register. Wish u luck n don't same with me.

25 Pages < 1 2 3 4 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0274sec    0.40    6 queries    GZIP Disabled
Time is now: 7th December 2025 - 03:58 PM