The 0% Sales Charge Promotion is back again with 80 funds to choose from!

Yup, the banner is real and you're definitely not dreaming! 

This time the sales charge promotion is for funds under 6 major funds houses which participated in the recently ended PhillipCapital 6th Annual Investment Conference.

Promotion period?
From 26th of June 2015 until 31st of July 2015

Participating Fund Houses?

• Kenanga Investors Berhad
• Eastspring Investments Berhad
• RHB Asset Management Berhad
• AmInvestment Service Berhad
• Amanah Mutual Berhad (AMB)
• Aberdeen Islamic Asset Mgt Sdn. Bhd.

Number of Funds under promotion?

A total of 80 funds are under promotion. The number of funds according to fund house are listed below:

• AmInvestment Service Berhad (27 funds)
• Eastspring Investments Berhad (20 funds)
• Amanah Mutual Berhad (AMB) (13 funds)
• Kenanga Investors Berhad (8 funds)
• RHB Asset Management Berhad (9 funds)
• Aberdeen Islamic Asset Mgt Sdn. Bhd. (2 funds)

Sales Charge Rates?
The promotion works on a reducing basis whereby the higher the amount you invest, the lower the sales charge incurred. 

Shown below are the different Sales Charges incurred based on the amount invested during this promotion period:

How to invest in this Sales Charge Promotion?

In order to invest, you need to have an eUnittrust account. If you've not heard about eUnittrust, just click HERE to find out more. To open a FREE account with eUnittrust, all you need to do is to complete 4 simple steps:

Step 1 : Head on over to eUnittrust registration page. Read, acknowledge and fill up all the required online details.
Step 2 : Upload a copy of your scanned IC and submit the online registration details.
Step 3 : An "Account Opening Form" will be automatically generated when you submit your online registrations details. Print and sign that account opening form.
Step 4 : Scan and email the signed form along with a copy of your IC to phillipmutual@poems.com.my

Within the next one to two working days, an account ID and password will be sent to your email. You can then log in and start investing. As simple as that!

Facing difficulty when registering? Fret not for there is a step by step pictorial guide which you can follow when registering an account. Just click on the link below:

A step by step guide on how to register your own FREE eUnittrust account!

What are the funds under promotion?
The list of funds under promotion are as listed below.

No	Aberdeen Islamic Asset Mgt Sdn Bhd
1	Aberdeen Islamic Malaysia Equity Fund
2	Aberdeen Islamic World Equity Fund
No	Amanah Mutual Berhad
3	AMB Income Trust Fund
4	AMB Ethical Trust Fund
5	AMB Dividend Trust Fund
6	AMB Dana Nabeel Fund
7	AMB Unit Trust Fund
8	AMB Balanced Trust Fund
9	AMB Index-Linked Trust Fund
10	AMB Enhanced Bond Trust Fund
11	AMB Lifestyle Trust Fund Today
12	AMB Value Trust Fund
13	AMB Dana Yakin Fund
14	AMB Dana Ikhlas
15	AMB Dana Arif
No	AmInvestment Service Berhad
16	AmGlobal Property Equities
17	AmCumulative Growth
18	AmIttikal
19	AmAsia Pacific Equity Income
20	AmTotal Return
21	AmIslamic Growth
22	AmIslamic Balanced
23	AmOasis Global Islamic Equity Fund
24	Namaa' Asia Pacific Equity Growth Fund
25	AmBalanced Fund
26	AmConservative Fund
27	AmDividend Income
28	AmBRIC Equity Fund
29	AmGlobal Agribusiness
30	AmCommodities Equity Fund
31	AmAsia Pacific Property Equities Fund
32	AmPan European Property Equities Fund
33	AmSchroder European Equity Alpha Fund
34	AmGlobal Emerging Market Opportunities Fund
35	AmASEAN Equity
36	AmAustralia
37	AmPrecious Metals
38	AmAsia Pacific REITs Fund
39	AmMalaysia Equity Fund
40	AmTactical Bond
41	AmAsia Pacific REITs Plus Fund
42	AmAsia Pacific Leisure Dividend
No	Eastspring Investments Berhad
43	Eastspring Investments Small Cap Fund
44	Eastspring Investments Dana Al-Ilham Fund
45	Eastspring Investments MY Focus Fund
46	Eastspring Investments Equity Income Fund
47	Eastspring Investments Global Emerging Markets Fund
48	Eastspring Investments Global Basics MY
49	Eastspring Investments Asia Pacific Equity MY
50	Eastspring Investments Dinasti Equity Fund
52	Eastspring Investments Asia Pacific Shariah Equity Fund
53	Eastspring Investments Enhanced Income Fund
54	Eastspring Investments Global Leaders MY Fund
55	Eastspring Investments Asia Select Income fund
56	Eastspring Investments Indonesia Equity MY Fund
57	Eastspring Investments Growth Fund
58	Eastsping Investments Balanced Fund
59	Eastspring Investments Dynamic Fund
60	Eastspring Investments Dana Dinamik
61	Eastspring Investments Bond Plus Fund
62	Eastsping Investments ASEAN al-adiil Fund
63	Eastsping Investment Asia Pacific (Ex Japan) Target Return Fund
No	Kenanga Investors Berhad
64	Kenanga Growth Fund
65	Kenanga Syariah Growth Fund
66	Kenanga Asia Pacific Total Return Fund
67	Kenanga Premier Fund
68	Kenanga Balanced Fund
69	Kenanga Islamic Fund
70	Kenanga Islamic Balanced Fund
71	Kenanga Malaysian Inc Fund
No	RHB Asset Management Sdn Bhd
72	RHB Smart Treasure Fund
73	RHB Asian Income Fund
74	RHB Equity Trust Fund
75	RHB US Focus Equity Fund
76	RHB Kidsave Fund
77	RHB Emerging Opportunity
78	RHB Dana Kidsave Fund
79	RHB-GS US Equity Fund
80	RHB Mudharabah Fund

For better clarification and details on each fund under this promotion, do check out this post:

Differentiating all 80 funds under the "0% Unit Trust Sales Charge Promotion". Fund category, fund risk profile and %YTD included!

That's all for now! Cheers and happy investing!

Foreign funds continue to exit Malaysia and could Taiwan be the next investment potential?

Good news! MIDF Research has just released its Weekly Fund Flow Report for week ended 26th June, 2015. From the latest released report, here are some key points that you may find helpful in your investment decisions.

Market Snapshot
In terms of the Market Snapshot of the research  report, two key issue took center stage. One talks about possible Grexit and the other is on China's current bear market. Here are the key points from the market snapshot report:

1. Last week, the market's was optimistic that Greece will strike a deal with its lenders.As it turned out, the meeting on Saturday was a non-event after Greece had unilaterally broken off negotiations over a new bailout deal. 
2. Greek Prime Minister Alexis Tsipras has called for a referendum to take place on July 5 on the terms offered by creditors for the latest aid package. If rejected, a Grexit is inevitable.
3. In China, the CSI300 was volatile and closed the week lower by -6.5%, all of which attributable to the -7.9% crash on Friday. There was an attempted recovery mid-week, but it was not sustainable and the bears took charge again towards the end of the week. After the crash last week, the consensus is that the Chinese market has seen its peak for the year. The question is whether the market will enter a bear phase.
4. The CSI300 has retraced -19% from the peak. A 20% correction would normally be seen as triggering a bear market.
5. The ChinNext index, which represents small-cap companies in Shenzen, had a harrowing week, falling -11.9%, with much of the loss registered on Friday as the index was routed -8.9% in a single day. The index has plunged 27% since its high on June 3.  

My comments:

• Expecting further volatility for all markets around the world as long as there is no firm outcome for the Greece debt issue. Markets are expected to be uncertain especially in US, Europe, Japan and China. 
• I also believe that majority of Greeks will vote in the referendum to accept the terms offered by creditors. The consequences of leaving Eurozone is just unimaginable.
• One speaker in an investment conference that I've attended over the weekend mentioned that the China market is going through a correction phase. 
• It is widely expected that the Shanghai Stock Exchange (SSE) Index will correct itself to the fair value mark of 3950 points.
• As of 29th of June 2015, the SSE Index closed at 4053 points. Investors are advised to watch the index closely when it reaches the fair value of 3950 points. Breaching the the fair value mark (which also acts as a resistance line) could be a confirmation that the China market is turning bearish.

SSE Composite Index Major Correction

Fund Flow Report

1. For week ending June 26th, 2015, funds classified as “foreign” bought a marginal USD299.5 million net of listed equity in the 7 Asian stock markets (Thailand, Indonesia, Philippines, Korea, India, Taiwan and Malaysia). This was a significant turnaround from the USD2.3b sold in the preceding week.

2. In the three weeks prior, total net outflow had amounted to a whopping USD6.1b, the heaviest withdrawal phase since October last year.

Weekly Net Flow of Foreign Funds into 7 Asian Stock Markets

Throwback: 

Referring to my previous post entitled "Foreign fund outflow a serious concern for Malaysia and could Korea be the next attraction for Investors?", for week ended May 29th, 2015, Korea enjoyed continuous inflow of foreign funds totaling up to USD8.3b since the start of the year! However due to an outbreak of MERS disease at Korea, we witness a massive exodus of foreign funds over a 2 week period. As a matter of fact for week ending June 12th and June 19th, a total of USD1.487b exited the Korea stock market! 

Summary of Foreign Fund Flow as of Week Ended 26th June 2015

Foreign Fund Flow as of Week Ended 26th June 2015

Key points:

• Selling died down noticeably in Taiwan and Korea.
• In Emerging Asia, foreign investors appear to have started nibbling in India and Thailand.
• After withdrawing for three weeks in a row, foreign investors warmed up to Taiwan-listed stocks, and were net buyers last week.
• Increasing optimism that the Taiwan market will perform well in the third quarter. The expectation is for the technology sector sales to rebound, earnings momentum to pick up, and Taiwan dollar, already the best performing Asian currency this year, to be more stable.
• On Thursday, the Korean government announced a USD14b stimulus package to mitigate dented consumer spending and business sentiment.

My comments:

• Most of major Asian markets will be affected by the Greece issue in the upcomming week. Even the supposedly optimistic Taiwan market lost 2.39% today (29th June 2015).
• The best option for investors now is to play the wait and see game. It is wise to watch how the Greek issue unraveled before making any investment decisions.

Fund Flow - Malaysia

Local Retail, Local Institution and Foreign Market Participation in Bursa Malaysia

Key points:

• Foreign investors have now been net sellers on Bursa for nine consecutive weeks. It has been the longest stretch of foreign withdrawal since the last three months of 2013.
• Investors classified as “foreign” sold equity listed in the open market on Bursa (i.e excluding off-market deals) amounted to RM824.7m on a net basis. That was a significant jump from the RM372.4m sold the week before. 
• For 2015, last week’s selldown increased the cumulative net foreign outflow to RM8.7b, surpassing the RM6.9b outfl ow for the entire 2014. 
• Local institutions mopped up RM846.8m in the open market last week on active participation rate of RM2.13b. Local funds have mopped up RM9.9b this year, compared with RM8.2b in 2014. Retailers remained on the sideline.

My comments:

• Fitch is expected to announce their evaluation of Malaysia's credit rating on the 30th of June 2015. It is widely expected that a downgrade is in on the cards.
• Local and international uncertainties have dragged the Bursa down for the past one month. Another wait and see approach for me with regards to the Malaysia market. Further downside is expected.

Summary

The latest fund flow report by MIDF has provided all readers with some form of "tip" on which country to conduct further studies on. The foreign fund flow for week ended 26th June are indicating that there could be potential investing opportunities in the following countries:

1. Taiwan
2. India (although I am not to optimistic about this country)
3. Thailand (similar to India)
4. Korea (to watch for the MERS situation there)

Countries such as India and Thailand have been popularly promoted by many funds houses for the past couple of years. I believe there's not much potential upside for both countries.

On the other hand, I believe readers should look into Taiwan and Korea instead. North Asian countries such as Korea has been identified as a potential country for further investment by our local fund houses. 

Over the past couple of years, Taiwan has been overshadowed by China in terms of investment opportunities. With recent development as reported by MIDF Research, Taiwan seems to have in place all the right fundamentals for growth. This is certainly a potential country that readers should look deeply into.

That is all from me!

Cheers and Happy Investing!

P.S. : 

If you're interested to invest in these countries, it would be wise as usual to conduct your own due diligence first. 

In addition if I do find any information relating to the above mentioned countries, I will either post an article via IME Blog or provide quick updates on our IME Facebook Page. Don't miss out and remember to bookmark this blog and Follow Us on Facebook for future updates!

eUnittrust, making online unit trust investing easy and convenient

Update 14 July 2019 - New Video on How To Register a new "eUnittrust" Account

Online Platform for Unit Trust Investing - eUnittrust

What is eUnittrust?

eUnittrust is one of the first online unit trust platform that offer Malaysian investors an option to take control and manage their own unit trust investment. Launched in 2008, the eUnittrust platform owned by Phillip Capital Malaysia is fast gaining recognition among Malaysian investors thanks to the growth in high speed broadband and smarts phones. 

The convenience of making unit trust investment through this platform has been widely embraced by the younger Malaysian generation (Gen-X and Gen-Y). Another surprising fact is the more IT savvy generation of baby boomers are also starting to make the transition from agent/consultant based unit trust investing to online unit trust investing. 

As a user of eUnittrust myself, I'm going to share with you five (5) key benefits of using this platform. The benefits I'm going to share are based on my own personal experience using this platform. I hope that by sharing this to you, you will also see the benefit in online unit trust investing. Now without further delay, let's take a look at what I have to share:

5 Key Benefits of investing via eUnittrust;

1. You can now buy, sell and monitor your unit trust investment online at only 2% sales charge. The best thing is that eUnittrust tend to carry out regular promotional campaigns which allows you the opportunity to invest for as low as 0% sales charge! Now that's what you call saving on sales charge!

2. You get to choose from a vast variety of unit trust funds (>300 funds) from famous Fund Houses such as Kenanga, Eastspring, RHB, AmBank, Manulife, Affin Hwang and many more. This allows you to have a wider option of top performing funds to choose from instead of just buying funds from an agent affiliated to only one company in particular.

3. You are in control of your own investment. By that I'm referring to the power of investing directly via your PC/Laptop.Mobile. Investment transaction is made easy through online banking via Maybank, CIMB and many more. This makes investing much more convenient as compared to traditional practice of issuance of check or bank deposit slip.

4. There's no risk of losing your money even if the online platform closes down. That is because the platform acts as a medium to help you invest with the fund house of your choice. For example if you invest in Kenanga Funds, the platform helps you to invest directly with Kenanga. Know that your investment is then passed on to Kenanga and not kept/held by the online platform. Therefore even if eUnittrust shuts down, your investment is still kept safely and recorded with Kenanga. 

5. There's NO Registration Fee and NO Annual Fee for opening an account with eUnittrust. As a matter of fact, you can open an account without any obligation to invest. Look at it as having a tool ready for use when you ultimately decide to invest. 

How to open an account with eUnittrust?

The great thing about eUnittrust is how easy it is to open an account. It takes only 4 simple steps!

Step 1 : Head on over to their "Registration page at eUnittrust" and fill up all the required online details.

Step 2 : Upload a copy of your scanned IC.

Step 3 : Once you've submitted the online registration, an Account Opening Form will be automatically generated. All you need to do is to print and sign that form. 

Step 4 : Scan or fax the signed form along with a copy of your IC to phillipmutual@poems.com.my

These 4 simple steps are all you need to open an account. Once you're done with this, just wait for the log-in ID and password to be sent to you via email (within 1 to 2 working days). 

The best thing is when you have received your log-in ID, all your future unit trust investments via eUnittrust will be practically paperless. Unknowingly, you are also doing mother nature a favor by reducing the use of paper by eliminating the need for investment forms.

Here's an added incentive from Invest Made Easy! 

When you have successfully open your free account with eUnittrust, just drop me an email at shanesee03@gmail.com and I'll send you a copy of my self written ebook entitled "The Basics of Investing In Unit Trust" absolutely FREE! I believe this ebook will help you to understand unit trust better as well as help you to get started on your own unit trust investment journey.

14th of July 2019 - Update:

A step by step guide on how to register an account with eUnittrust 

Registering A New "eUnittrust" Account from Shane See

REGISTER "eUnittrust" NOW!

That's all from me! 

Cheers and Happy Investing Online!

P.S. :
1. If you have any inquiries or questions, feel free to email me at shanesee03@gmail.com
2. If you find this post is useful, do share it with your family and friends via Facebook
3. Don't forget to LIKE our Facebook page too!