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 Fund Investment Corner v2, A to Z about Fund

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almeizer
post Dec 5 2010, 10:34 PM

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QUOTE(MNet @ Dec 5 2010, 10:13 PM)
cimb UT is not perfomed
*
Oh too bad. But the Sale charges look attractive.

However, I just tried to open UT account through cimb clicks and search through their UT, found that they can subscribe other fund managers too (refer to attachment).




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madstone
post Dec 8 2010, 02:53 PM

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Anyone ever try Online FD from Maybank?

Can share any pros & cons?
oneeleven
post Dec 8 2010, 06:41 PM

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QUOTE(madstone @ Dec 8 2010, 02:53 PM)
Anyone ever try Online FD from Maybank?

Can share any pros & cons?
*
If you have other ones opened at branches they cannot be accessed except to view.

111
madstone
post Dec 9 2010, 01:58 PM

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Maybank did offer 2.70% from the amount of RM10,000 i invested
so, if i took the 3 month scheme fixed deposit

Is this the right measure?
RM10,000 x 2.7% = 270 (for 1 month)
For 3 mths = 270 x 3 = RM810
So, at the end of 3 months, i will get RM810 or Maybank will cut another fee from that?

leongal
post Dec 9 2010, 02:29 PM

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QUOTE(madstone @ Dec 9 2010, 01:58 PM)
Maybank did offer 2.70% from the amount of RM10,000 i invested
so, if i took the 3 month scheme fixed deposit

Is this the right measure?
RM10,000 x 2.7% = 270 (for 1 month)
For 3 mths = 270 x 3 = RM810
So, at the end of 3 months, i will get RM810 or Maybank will cut another fee from that?
*
you mean you put into fixed deposit? is it not like investing

at the end of the 3rd month, you will get rm 10,000 x 2.7%/12 x 3 = RM 67.50
hypeborea
post Dec 9 2010, 09:49 PM

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QUOTE(howszat @ Dec 4 2010, 12:12 AM)
Hard to say, on LYN some people get rich real quick... smile.gif

Most UTs require a minimum of 1K as initial lump sum investment, and a minimum of 500 for initial regular investment. The odd one or two has a minimum of 100. So that effectively rules out UT for you.

Foreign currency FD require a minimum of the equivalent of 10K. So you are pretty much left with normal FD, for now.
*
FSM has "Regular Saving Plan" (RSP), where you can start to invest small around RM 100-300 every month by buying selected funds. When your investment reach the fund minimum holding (let say 1000 units), your plan will stop and you can invest like everyone else.
madstone
post Dec 10 2010, 10:41 AM

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QUOTE(leongal @ Dec 9 2010, 02:29 PM)
you mean you put into fixed deposit? is it not like investing
at the end of the 3rd month, you will get rm 10,000 x 2.7%/12 x 3 = RM 67.50
*
Just realised that, thanks for the information bro

If i knew this from the start, might as well i save it for ASB cry.gif cry.gif
at least for now, i saved RM5K for ASB sweat.gif
jeff_v2
post Dec 10 2010, 03:45 PM

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QUOTE(MNet @ Dec 5 2010, 10:13 PM)
cimb UT is not perfomed
*
Mena? Greater China? all downwards doh.gif
better opt for local equity fund.
chilskater
post Dec 11 2010, 10:22 PM

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goto www.fundsupermart.com for beginner's reading..just open an account and will start invest in UT next year..the best things can do it online!!or SI from maybank2u
madstone
post Dec 12 2010, 12:47 AM

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Think want to cancel my FD, just RM67, for 3 month that i have to wait???

What a waste...
ASB is at least better than that
SUSMNet
post Dec 12 2010, 11:02 AM

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http://flare.me/images/miodct4y.jpg

Why the graf is under the benchmark?

But when u look at the UT vs benchmark its more than benchmark.

user posted image
SUSDavid83
post Dec 12 2010, 12:50 PM

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QUOTE(madstone @ Dec 12 2010, 12:47 AM)
Think want to cancel my FD, just RM67, for 3 month that i have to wait???

What a waste...
ASB is at least better than that
*
FD is not even an investment. It towards saving/deposit (time deposit). Don't compare an apple with an orange.
SUSMNet
post Dec 12 2010, 12:59 PM

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How to use maybank online to buy UT ?
rajapedas
post Dec 12 2010, 01:28 PM

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QUOTE(MNet @ Dec 12 2010, 12:59 PM)
How to use maybank online to buy UT ?
*
You obviously need to have a Maybank account and UT account first.
Just like buying UT from a brick and mortar outfit, you got to pay them
the amount you plan to invest and they will deduct upfront their
costs and the rest they will invest to the UT you have chosen.
You would also use SI from Maybank2U to invest monthly which is what we call
Dollar averaging.

my unsolicited advise is be sure to have at least 6 months equivalent of your monthly salary
as savings before taking the plunge to invest in UT.
I have been investing in UT since 1997 and have my shares of ups and downs. In the long run UT is certainly a good vehicle of investment but it would not make you super-rich.


SUSMNet
post Dec 12 2010, 03:29 PM

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wat a lame answer.

it obivious tht i know tht needed to hv maybank2u acc.

the question is how?
cherroy
post Dec 12 2010, 06:22 PM

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QUOTE(MNet @ Dec 12 2010, 03:29 PM)
wat a lame answer.

it obivious tht i know tht needed to hv maybank2u acc.

the question is how?
*
LOL, look more like copy and paste sales statement... laugh.gif


Added on December 12, 2010, 6:24 pm
QUOTE(rajapedas @ Dec 12 2010, 01:28 PM)
You obviously need to have a Maybank account and UT account first.
Just like buying UT from a brick and mortar outfit, you got to pay them
the amount you plan to invest and they will deduct upfront their
costs and the rest they will invest to the UT you have chosen.
You would also use SI from Maybank2U to invest monthly which is what we call
Dollar averaging.

my unsolicited advise is be sure to have at least 6 months equivalent of your monthly salary
as savings before taking the plunge to invest in UT.
I have been investing in UT since 1997 and have my shares of ups and downs. In the long run UT is certainly a good vehicle of investment but it would not make you super-rich.
*
He ask how to buy online aka use online platform to purchase UT, or is the online portal offer this service, just like eFD.

This post has been edited by cherroy: Dec 12 2010, 06:25 PM
SUSMNet
post Dec 12 2010, 07:53 PM

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Can non bumi buy AMB UT?

http://www.ambmutual.com.my/ambvtf.htm
cherroy
post Dec 12 2010, 11:07 PM

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QUOTE(MNet @ Dec 12 2010, 07:53 PM)
It is just another ordinary UT fund, as far as I know.

So no limitation.

This post has been edited by cherroy: Dec 12 2010, 11:10 PM
madstone
post Dec 13 2010, 01:39 AM

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QUOTE(David83 @ Dec 12 2010, 12:50 PM)
FD is not even an investment. It towards saving/deposit (time deposit). Don't compare an apple with an orange.
*
I should've bank it all in ASB earlier doh.gif doh.gif

beautyfreakkl
post Dec 19 2010, 01:09 AM

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what if you're young and you have money to spare and you have high risk tolerance? anyone please help?

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