HI Fellow members,

I am new and have some question regard PM fund:

1) I heard ppl say that dun buy a fund that don't finished selling after lauched certain period of time. Example: Fund size is 1.5 billion, after 1 yr of lauching only managed to sell 0.5 billion. They believe the fund may not be as good/attractive as other fast selling funds. So not encourage to buy. Is this true?

2) If I issue a cheque to buy the fund, will I get my fund purchased immediately on the day when I submitted my purchase (with related that day's price) OR they only buy for me when my cheque is cleared after 3 days (with after 3 days' price)?

Thanks!