Dear sifu,

just a quick question, for sales charge, it is one time fee or every transaction you made ( additional investment) ???? Or it is depends on the fund???

Expenses for UT 101:

Sales Charge
- One time off upfront when u buy

Switching fee
- One time off whenever u perform switching

Exit fee
- One time off when u withdraw i.e. sell

Management fee
- Charged to the fund annually, accrued on daily basis
- This is reflected in the NAV pricing of the fund, in a way u are paying for it without u knowing it, unlike the 3 above


Some fund got 0% sales charge but charges u exit fee (e.g. AmDynamic Bond).
Most funds charge SC but zero exit fee.
Switching fee depends on the fund house.
Management fee is applicable for ALL FUNDS.

Faham?

faham!! but if sales charge is one time off upfront, i buy the minimum unit then 2 months later buy more units... doing this way can save the cost no??
or it suppose to be when ever you buy the unit, there wil be sales charge???

SC is always calculated as %

E.g.
U buy RM1,000
SC 2%
SC = RM1,000 x 2% = RM20

2 months later u buy RM500
SC = RM500 x 2% = RM10

SC is charged for EVERY PURCHASE made

Who has ambond? Unbelievable.. It increase more than 3% today!

I suspect a previously written down bond is restated to value...happens also to OSK-UOB Income Fund not long ago

Feel like asking fundsupermart to get some inside info on this.. Not sure if they can korek the info from am investment?

Not to sure about this...with UT funds, the manager has a duty to manage the fund with investors' best interest in mind, but don't know if they are obliged to disclose the daily dealings/transactions/movements. Imagine if everyone is asking these sort of questions every day...

You got a point thr..

I have AmBond. Don't see much change in NAV. The latest NAV from FSM is 1.1756 as of 1 OCT.
Where did you see the 3%?

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Added on October 2, 2012, 11:55 pmOkay. Saw the change in Bloomberg. Wait till it is reflected in FSM as Bloomberg round up to 2 decimal place.

This post has been edited by aronteh: Oct 2 2012, 11:58 PM

Haha.. Congrats bro..

How long hv u been investing in this fund?

Thanks. To be exact 180 days as of 2 Oct 2012. The IRR is 3.41% as of 1st Oct NAV.

This post has been edited by aronteh: Oct 3 2012, 01:26 AM

thanks!!!!

Ambond really not bad... thinking about whether to switch my equity into ambond as well lol

Good for parking your excess $ and lock in profit from equities/balance funds..

AmBond is 100% MYR bonds, I prefer OSK-UOB Income Fund cos it has the flexibility to invest up to 30% in foreign bonds

OSK-UOB Income Fund perform slightly better. I invested since June 2012 with multiple topup till August 2012. So far my XIRR is 4.02 %. Good to spread over different fund to diversified the risk.

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Added on October 3, 2012, 7:43 pmLook like data error. FSM updated their NAV, no increase at all.

This post has been edited by aronteh: Oct 3 2012, 07:43 PM

You are right.. They revised the NAV to lower. But the 52 weeks percentage increase is still not correct. It is now 7+%. Actual is not so high

What happen to RHB Bond and RHB Islamic Bond .. drop ~5% last week .. junk bond? How can one tell if a bond fund has bought any junk bonds?

This post has been edited by Dino168: Oct 7 2012, 03:34 PM

Which mutual fund offer lower switching fee as compared to Public Mutual now?

Can invest using EPF money?


thanks