Unit Trust
- Thread starter yuzu28
- Start date
I am with FSM since year 2000. If your CPF + cash + all beneficiary acct + cash acct all add to 500k you get 0% platform fee.
As for what UT depend you looking for CPF OA,SA,cash, dividend paying,dividend frequency, geography, sector theme? That is how I plan my investment.
CPF SA funds one group
CPF OA funds one group
Cash with dividend monthly one group
Cash with dividend quarterly one group
Cash for growth no dividend one group
Then among them based on geography sector theme
Dividend paying I use
Allianz income and growth - US centric
First State Div Advantage - Asia centric
CPF SA
First State Bridge - Asia centric
Schroder Multi-Asset Revolution - Global centric
I let other posters fill in their choices.
PS Btw now FSM got many funds minimum initial investment 100. You can use some monies test water. 100 can buy into a new fund so try riskier funds eg country specific fund
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Interesting. Looks like you are very seasoned on UT
Been FSM customer when they launched year 2000 and now they are listed in SGX do business into Msia,HK. Now they also offer stock,etf,bond on top of unit trust.
I am now trying their ETF RSP where I pay 50 can get fractional shares of ETF and sell with same program at flat SGD 1, HKD 5 comm fee. US ETF look elsewhere as too ex fees from FSM.
When we compare fund we need to be fair. Some funds have better returns becuz they do not have dividend paid out policy. So of cuz over a long period it has more monies to grow more monies vs those who give out dividends periodically.
Funds that give dividend and yet can match or beat the index benchmark are rare. NAV rise slowly is ok becuz it has to give dividend out and yet still have to grow is not easy feat.
If one is chasing after returns at all cost even with no dividends then yes there are better funds.
cos it pays well!
but i didnt hve tt
it cannt beat mine - Allianz Income and Growth AM (H2)
https://forums.hardwarezone.com.sg/...nd-growth-fund-anyone.6640264/#post-138739611
boredboiboi
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Allianz just dip about 10% to near $9. Can buy though
Hello, I am new and want to seek advice of kind bro and sis here.
After my friends keep telling me I should invest, I made my first consult with local bank in January 2022 and bought a UT which is 70% bonds and 30% REITs, supposed to be moderate capital growth and cautious investment.
I read that REITs is good dividends, half of bonds are SGD (diversified), and historical performance of UT is good, so I put my savings which is six figure sum. By right can redeem after two years with 0% charge, if not is 2%.
At first I only wanted to put in low five figure, but consultant said his clients put seven figure sums into this UT cos is a good buy, and don't leave the money in the bank.
To date, the UT is down almost 10% and I'm quite shocked. I can only blame myself cos the consultant already tell me that not capital guaranteed but I still put in so much of my life saving. He cannot be contacted.
Any sharing thoughts please if UT should redeem to cut losses, or hold for a few years and hope one day recover?
After my friends keep telling me I should invest, I made my first consult with local bank in January 2022 and bought a UT which is 70% bonds and 30% REITs, supposed to be moderate capital growth and cautious investment.
I read that REITs is good dividends, half of bonds are SGD (diversified), and historical performance of UT is good, so I put my savings which is six figure sum. By right can redeem after two years with 0% charge, if not is 2%.
At first I only wanted to put in low five figure, but consultant said his clients put seven figure sums into this UT cos is a good buy, and don't leave the money in the bank.
To date, the UT is down almost 10% and I'm quite shocked. I can only blame myself cos the consultant already tell me that not capital guaranteed but I still put in so much of my life saving. He cannot be contacted.
Any sharing thoughts please if UT should redeem to cut losses, or hold for a few years and hope one day recover?
reddevil0728
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Which UT?
Allianz SGD Income Plus AM (SGD) II
Hi can you share is this your first time in investment with non-capital guaranteed products? Before that, all along you only put bank FD, endowment insurance plan and other capital guaranteed products?
If it is your first time in non-capital guaranteed instruments, I can understand your concern. In fact you should research more before decide to go for UT. There are other instruments like ETF, stocks, bonds etc. Seven figure is not a small sum to me by any means all into one single UT ? In fact with seven figure you can buy a mixture of UT, ETF, stocks, bonds already
Yes, first time with non-capital guaranteed product. Before this, only in FD. Don't really understand stocks and scared burnt. So thought UT got expert manage will be better and ultimately put in six figure sum.
Thanks for sharing. There is another reader like you, he buy some global ETF also drop price he heart pain. Later he switch over to SSB, T-bill.
For your case even if you let expert manage why all six figure sum into one UT? You do know there are many UT managed by different fund managers correct? I hope the six figure sum is outside of your emergency cash. Now SSB, T-bill are quite high for "capital guaranteed" so part of your six figure sum should be in those components.
You are now asking if should sell UT correct? I think no one can give you a concrete answer since this is your own monies. If say it happen to me what I will do is sell partial but not all of the UT. Take the partial withdrawn proceeds and go invest in SSB, T-bill.
Next time first time into non-capital guaranteed products don't dump six figure sum that is so daring! Monies earned not so easily so take good management of it.
Yes, very heart pain but taking it as expensive lesson learn. Thank you for the reply.
I just check this UT give monthly dividend so still not so bad. But I think first two years if you sell need pay fees of 2% of redemption proceeds. Since got give monthly dividend, for me I will wait out the two years then consider sell partial. You count the monthly dividends vs the UT share price see lose how much %. Six figure sum so your monthly dividend should be ok. Life is not so bad after all.
But take note the monthly dividend is not guaranteed so must be prepared. I also have other monthly dividend paying UT some cut the payout some terminate the dividend paid out switch to reinvest.
BBCWatcher
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I'm having difficulty locating this unit trust. Do you happen to have its ISIN (International Securities Identification Number)?
There is a review by Financial Horse
https://financialhorse.com/allianz-...end-pay-out-of-3-5-4-5-p-a-at-0-sales-charge/Think it is by OCBC? I cannot find the same fund in FSM,dollarDex,poems either
Sorry, I don't have the ISIN. Yes, it is same UT as link posted above.
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