Diversification is one thing. OVER die-worse-ify is bad hehe - average of average.
And as U mentioned, certain countries or continents need insider / local knowledge to invest better.

Just a thought

Heheh - analyst predictions.. right...

BTW, last election fiasco - index dropped 10% and KLSE circuit breaker kicked-in.
For the "rest of the fall" in 2008, not due to election IMHO but due to the credit crisis thanks to US (BofA analyst from yr link, hm...).
Thus, 10% drop no biggie if only 30%+ of my assets in KLSE equities, assuming my counters held actually fell 10%. In fact, it's a nice to to buy good businesses at discounted prices if one has ammunition held for such opportunity targets.

Anyways, until crystal balls are invented & analysts' predictions are on the money AND on time, i'll continue on with Asset Allocation executed via 50% Value Averaging+DCA & 50% Opportunity/Lelong purchases

Just a thought 

ya, PM no exit fee, while FSM got exit fee. 

It depends...
IMHO:
IF you're looking at holistic and total costs for the long term (10 yrs and more), say EPF a/c1 funded investments, there is no 1 fund house in FSM that has both "slightly above average" equity funds AND bond funds. FSM has good equity funds & bond funds but IMHO, not within 1 fund house, thus cant do INTRA switching.
Thus, SWITCHING between INTER fund houses in FSM costs about 1% to 2%? Please correct me if i'm mistaken  (i actually hope i am, thus i've got another avenue for investments)

VS

Public Mutual's funds which have  "slightly above average" equity funds AND bond funds, which one can switch to/fro for Asset Re-allocation (Tactical or Strategical) / Profit taking / etc.
Mind U, moving $50K, $100K, $200K, etc. several times within 10+ to 20+ years at $0 VS 1% to 2% makes a difference.

Thus, FSM just MAY not be "cheapest" in the long run in this perspective.

BTW, i'm assUme-ing investments via EPF lar, where most working stiff has the $ and doesnt affect "real" cash flow until retirement.
Thus, PM's cost is 3% (if one's one best customer-agent, cost is approximately 1.7%) for equity funds, not 5.5%

Just a thought and hope to be corrected, especially the cost of INTER switching costs for FSM 

Yes, FSM has some good funds, mainly as mentioned by Pink Spider

For equity, Kenanga Growth fund/ Syariah Growth fund is one of the best performing in its class. No dividend, only capital gain. N imagine service charge of 1% (promo period like now) vs 5.25% of PM 

KLCI Tracker from OSK-UOB also has 1% sales charge and 1% exit fee. this fund is available from FSM

btw, i wanna ask is hwangdbs income select fund good?

No good bro
7.09% pa average for 5yr
http://www.bloomberg.com/apps/quote?ticker=HWACOME:MK

i intro u this better
15.27% pa average for 5yr
http://www.bloomberg.com/apps/quote?ticker=KUTNETF:MK

1. AmGlobal Emerging Markets Opportunities Fund
2. Prudential Asia Pacific Equity Fund
3. OSK-UOB Big Cap China Enterprise Fund
4. Manulife Investment – China Value Fund
*info from FSM*

The funds above seems like performing quite well. If only can choose one, which one is the right choice and suitable for investment period for 3 - 5 years?

Thanks in advanced.

Prudential AP Fund has been constantly performing below benchmark year after year also you want to buy?? ISF funds are mostly under performing and the management fees are expensive...

If you want Asia ex Japan, I would suggest the following two funds, which has performed consistently above benchmark over the years.  

Aberdeen Pacific Equity Fund
First State Asia Growth Fund

Well PRU Global Emerging markets is so-so only lah...look at 1m, 6m, 1 yr and 3 yr all near the benchmark only, might as well buy ETF.  The management charge by ISF is always expensive, not include all other charges also...

Not available in Malaysia means cannot buy 1 meh? The world is globalized already lah, can use internet to buy anywhere & anytime.

Honestly, i recommend sticking to local (malaysia) bonds. At least most fund managers are familiar with them, unlike investing @ other geographical areas(5yr history isn't consistent).
Am Dynamic bond, ambon islam, and several PB/PM bonds are good to start with

I see. Thanks guys. Really informative 

How do i check my unit trust selling price using FSM? Recently, just bought a fund from FSM, can view my fund but so far doesn't show any selling price...

OMG ... T+4 is very slow!

Thanks for the explanation.

My account just got approved today. Submitted an online application on Thursday night.

Don't talk about NRIC copy.

1st time fax, said not clear. Cannot read my name and NRIC number upon receiving a call from them on Wednesday morning.

Then, scan a copy in PDF format and send via email.

Next, said want to resend or scan the account opening form. Scolded them by asking to check their archive and records as I have already faxed them earlier on last Friday morning. They said will look into that.

Cannot wait and scan the account opening form. Send through email.

So guys, which funds have you invested with FSM?
currently i'm holding
- ambon islam
- amdynamic bond
- kenanga growth
- rhb islamic bond( loosing money- dammit on the defaulter)

U may not like dividends yearly by an equity fund.
Reason: When mutual funds distributes dividends, its NAV drops exactly the amount distributed AND to add insult to injury, the distributed $ gets taxed sometimes. Thus, waffor? Sandiwara only

Thanks, transit and kparam77 for the info on PM.

I happened to be at Public Bank today and brought home a bunch of PM brochures. Will need some time to look though them.

For FSM equity funds, it seems that OSK-UOB KidSave is a popular choice after Kenanga growth. But "KidSave" sounds so unaggresive 

Personally, I like aggresive EPF approved equity funds that pays yearly dividends and has some overseas stocks exposure.

For OSK-UOB Cash Management Fund:-

let's say I transfer RM5000 to buy the fund
assume Net Interest Rate* (%) = 2.981%
and Indicative Price = RM1.086800

How to count the units I'll get? what's net interest rate (%) used for?

Very blur2 on this fund...

for HDBS funds, anyone knows where to buy their funds at a cheaper sales charge? HDBS normally charge 5.5% i guess.