Month: May 2018

ASNB Fixed Price Funds

As a Malaysian, I bet you have heard about “Amanah Saham Nasional Berhad” (ASNB) before. They are famous for their fixed price funds. If you have never heard about it, I shall give you some brief information about this investment company. ASNB is a subsidiary of “Permodalan Nasional Berhad” (PNB). It acts as the fund …

Feeder Fund

Have you heard of the term feeder fund? If yes, do you really know what it is? Basically, it is a kind of mutual fund. According to Investopedia, “A feeder fund is one of a number of funds that all put investment capital into an overarching umbrella fund that is called the master fund, for which one …

Price of a Mutual Fund

Have you ever wondered how the price of a mutual fund is determined? What makes the digits tick? Why must there be four decimal points in the price? In this article, we shall find the answers. The published price is actually the net asset value (NAV) of the fund. What is NAV? Quoting Investopedia: “Net …

Investopedia

Since I have quoted so many times from Investopedia, I would be remiss not to write an article about it in this blog. It is like taking people’s ideas without giving credit (although I did give credit to them). What does it do? And why do I use it so often? Taken directly from its …

Cost of Stock Investing

(Updated: 31 January 2020) In Malaysia, every share transaction of listed companies takes place in Bursa Malaysia. Since it is a regulated transaction, there are fees and charges involved as well. That is the reason why the amount payable is always more than the share price. This is the cost of stock investing. What are …