Yeap ... early bird campaign.

This post has been edited by David83: Aug 22 2008, 09:10 PM

Hi, every1, I new here..hope sum1 can help me...I had invest in Pb Dana Asean DIvidend since last year.but recently it done badly due to our economic now... can any1 giv me opinion on whether I should sold it o hold it...o I should shift it to other fund?

Much appreciate on opinion given...thx..

actualy,it depend on your confidence to that fund,ask yourself,you think that fund still have future not?if no,switch or sold it.

Have you fully understand what this fund invested to before you bought this fund in the first place?
You have confident with this fund?
What is the reason you choose this fund in the first place?

did u guys realize fundsupertmart have launched their my site. . We got another choice now.


http://www.fundsupermart.com.my/main/home/index.svdo

No offence. Most people invest in UT never think of this when they bought the fund. A lot of people are lured into it because agents or investment houses told them past previous year, this kind of fund has made 20% or 30% in the past. So they bought also and thinking in the future will be the same.

No offence to any agents out there, some do explain properly to the customers, just highlight the real situation out there and experience of it on a lot of UT investors out there.


For irenechong85 question,
Keep or sell or shift is much depended on individual view the future of Asean economy and its equities performance. If one thinks Asean bourses and economy will be robust and good, then keep it, if one thinks Asean economy will be in lot of trouble ahead then sell it.
So it much depends on individual view on the outlook of the particular fund investment target (as we have like Asean, China, European fund which invested in respective region). As it is individual hard-earned money in stake, it is individual decision to decide what to do with the money.

We can't tell people to sell or buy (it is an irresponsible act to do so), the most we can help is post the information regarding it, then let individual to judge on it. One thing is that don't expect quick money from UT, it won't work well. Don't expect, last few month buy, then will make profit after several months. It is a long term investment target, but having said that, it doesn't necessary making money even on long term, it depends on how economy situation play out and the entry point of yours, if one bought at market peak time, then it is much difficult to make money out of it or return rate won't be good even very long term or worst scenerio making losses even after years.

In general, good funds are posting quite good aveage (remember it is average, not consistent as every single year performance can be differ quite largely) return rate of teen number over the long term for the past 2 decade. But not all, and not necessary will. Equities performance is tight to the economy performance.
Also, individual entry point is another ultimate deciding factor that whether one will make money or make less money or loss.

Excellent.

Online transactions. Sales charge of 2%, though some agents (eg HSBC ~2.5%) have been doing discounted charges for sometime.

List of fund houses is limited at the moment, but I expect that would grow.

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Added on August 23, 2008, 5:59 pmI agree with this.

And the thing is most people who buy UT don't have the time and/or knowledge to make investments in share-markets etc directly, so they depend on fund managers to manage on their behalf.

Agents have a role to play too in explaining things (especially the risks) properly but they are not really expert investors. The "expert" investors are the fund investment managers, but they are also the ones making the losses. About the only thing an agent can say which would be easily understand by a customer is how the fund made 30% last year etc. Some fund houses/agents go through a risk-profiling questionaire when the customer first signs up and explain how their profile fits in with the various categories of funds available, but other fund houses don't seem to do that.

This post has been edited by howszat: Aug 23 2008, 05:59 PM

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Added on August 23, 2008, 5:59 pm
I agree with this.

And the thing is most people who buy UT don't have the time and/or knowledge to make investments in share-markets etc directly, so they depend on fund managers to manage on their behalf.

Agents have a role to play too in explaining things (especially the risks) properly but they are not really expert investors. The "expert" investors are the fund investment managers, but they are also the ones making the losses. About the only thing an agent can say which would be easily understand by a customer is how the fund made 30% last year etc. Some fund houses/agents go through a risk-profiling questionaire when the customer first signs up and explain how their profile fits in with the various categories of funds available, but other fund houses don't seem to do that.

[/quote]

Actually some stock doesn't need frequent monitoring.

Thats y in my previous post i mentioned "why you need to buy UT". They must know the reason why.

For me,

Buying UT have two advantages:

1. For some beginner/ they don have enought capital they got to buy UT trust as buying stock need more capital where as UT minimum is 1K.

2. Divesified - some may think divisified can reduce the risk (single stock risk). Although i think divesified may reduce your return but surely it can minimize risk.

>> Actually some stock doesn't need frequent monitoring.

Only some? But that's not the point, is it? The point is you need to know which stock do and which stocks don't to begin with.

>> Thats y in my previous post i mentioned "why you need to buy UT". They must know the reason why.

The thing is you don't need to know as much about UT as you do about stocks - in fact you can't "fully understand" UT as you called it, because for many funds, the UT manager can change the allocation of their portfolio at any time within the terms and conditions specified in the prospectus which in many cases are very broad.

>> 1. For some beginner/ they don have enought capital they got to buy UT trust as buying stock need more capital where as UT minimum is 1K.

On the contrary, only about 10 or so stocks are greater than RM10, the rest (about 1200+) are less than RM10 which means the minimum to buy is less than RM 1K.

>> 2. Divesified - some may think divisified can reduce the risk (single stock risk). Although i think divesified may reduce your return but surely it can minimize risk.

Diversification will potentially reduce both the gains and losses, whichever is applicable.

[quote=howszat,Aug 24 2008, 12:10 AM]

>>Only some? But that's not the point, is it? The point is you need to know which stock do and which stocks don't to begin with.

Thats y for buying stock.. hunting for the correct stock is very crucial. Thats y for beginner i think better don buy stock. But after you got some experient in choosing stock it will not be so difficult though. But like what i said just that need more capital as good stock normally not cheap

>>The thing is you don't need to know as much about UT as you do about stocks - in fact you can't "fully understand" UT as you called it, because for many funds, the UT manager can change the allocation of their portfolio at any time within the terms and conditions specified in the prospectus which in many cases are very broad.

Er thats y i said better buying fund which launched more than 1 years as you can see the allocation of the fund. What you said is true the fund manager can change the allocation but from the allocation you can see the patern of investment on that fund which in simple give you some idea what the fund invested to... which is better than you don even know what the fund manager are doing.


>>On the contrary, only about 10 or so stocks are greater than RM10, the rest (about 1200+) are less than RM10 which means the minimum to buy is less than RM 1K.

I don agree with that. As i see most of the fundamental stock are more than 1k though

Few example

Amway 6.90 = RM 6900
BAT rm 40.00 = RM 40K
Nestle RM 24.00 = RM 24K
Public Bank RM 10.00 = RM 10k


For some investor they cannot expose to lose their investment in one shot... Actually every stock have the tendency to go bankrupt but the only thing is how likely ... Even you buy stock it is advisable to diversify too but not too much maybe 2 to 3 thats what i mean here.

>> Amway 6.90 = RM 6900

The minimum is 100 shares and not 1000 shares. So RM690 is all you need.

From what you say, you sure never buy stock though .

Actually buying stock we need to take the service charge into consideration. If you buy 100 lot which is RM 690 you will be charge RM 40 minimum charges. Whereas if you buy RM 6900 you will be charge 0.6% which is rm 41.00.
So which one is better? Sure buying in big lots wins up in the end.

For example if the stock go up 50 sen which means 7.40. If you bought 100 lots you sell it then the results is :

740 - 690 = RM 50 (For your information you are being charge RM 40 when you buy and RM 40 when you sell) So actually RM 80.00 - RM 50 = You still loose RM 30.00

Where as if you buy 1000 lots

Then 7400 - 6900 = RM 500

RM 500 - RM 82.00 = RM 400


Thats y ppl say stock is big fish eat small fish game.... No offence just to let you know the real situation though
You got to be very calculative in every sen your invest... cannot take it easily






This post has been edited by darkknight81: Aug 24 2008, 09:50 PM

I think before the new commission charges for stock trading...it used to be just RM12 minimum charges, and it is affordable for everyone.

After that...government say wan to curb on speculators trading in KLCI as well as giving remiser a better income, then they came up with this new commission structure

End up small trader all have to stay on sideline...big player will benefit more.

RM40 buy, RM40 sell...u have to cover back RM80 of commission charges before you can sell your stock!

Yes, I do buy stock. You pay RM40? I don't - I only pay RM12. You pay 0.6%? I don't - I only pay 0.42%

Which one is better? That's a different question. My response was to your example of the minimum being 1000 shares which is not correct.

No, I don't lose anything. I will make RM24, in fact.

Ok get what you mean

It seems if you buy 100 shares using online trading will be much more cheaper compare to through remisier. As i never use online trading due to some reason.

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official web site is http://www.ceramicclub.net

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A reminder, this is a fund (lUT, mutual fund) investment discussion thread, if keep on spamming and try to advertise your blog and investment scheme, it will lead to wa rning and suspension.

This post has been edited by cherroy: Aug 28 2008, 04:33 PM

I've tried searching for this topic with no results but I hope this is the right place to ask:

How can I invest in USA Vanguard funds here in Malaysia? I prefer to deal with a live agent rather than online.

Is there any legal or tax complication with doing this?

Thanks for any advice.

111

I see a lot of questions about whether they should switch,sell or hold their investment when they perform bad. Actually before you buy a fund a few things to consider,
1. your risk profile
2. how long can you keep you money there

A fund's performance may be short term but investing in a unit trust fund is a long term commitment i must say, speacially for equity or funds with higher risk. If you look at such funds they always perform in the long run but it have its down cycle also.

Redeeming/selling it would mean that you have realize your loss, but its best to take a long term view with funds, thats the good thing about funds put your money there, fund manager will take care of it.

Alot of ppl take fund investment as stock market investment which is totally wrong because stock market can be short term and you might have to manage it actively while funds you do not, maybe once a while you might have to rebalance your portfolio but not as frequent as equities on stock market. Thats why you pay those guys annual fees to do right.

"just my 2 cents"

This post has been edited by jinchuan: Aug 31 2008, 02:09 AM

can i buy or sell my fund online ? I am looking at various funds to invest into, currently interested in index tracked funds, and maybe some islamic tied funds from MAAKL and PB Mutual. Can i do any transaction online ?