When I logged in to Fundsupermart (FSM) recently, I noticed that the platform has undergone a transformation. It is now known as FSMOne. As confirmed with the FSMOne team, the platform is upgraded on 21 December 2018. So, what are the changes? In this update, I will just write about the Funds segment of the …
Do you find keeping track of your mutual funds troublesome? How do we know which individual stocks and/or bonds we are holding with our funds? Are we concentrating too much in too little? One of the tools that can help us to answer the above questions is Morningstar Portfolio Manager. What is Morningstar? First, a …
If you have been reading investment books, you must have come across index fund in at least one of these books. What exactly is an index fund? Quoting Investopedia, “An index fund is a type of mutual fund with a portfolio constructed to match or track the components of a market index, such as the Standard & Poor’s 500 Index (S&P 500). An index …
How do we select a mutual fund to invest in? By drawing lot? Pinning the list of funds on a board and throw darts to choose? Depending on which school of thought you subscribe to, the aforementioned methods might be the correct things to do. Nonetheless, I personally do not select my fund this way. …
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 …
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 …
Have you bought mutual funds before? Did you pay any fee or charge? I believe you noticed the sales charge. Some of you might say you did not even pay for this as your fund waives it. So, is sales charge the only fee? Or, if it is waived, are you really buying it for …
Generally, funds can be divided into two types: closed-end and open-end. What do these terms mean and how do they affect investors? According to Investopedia, “An open-end fund is a type of mutual fund that does not have restrictions on the amount of shares the fund can issue. The majority of mutual funds are open-end, providing investors with a …
Let’s say if I want to invest in the financial market but I feel that I lack the time and confidence to do it directly. Does that mean that I could not participate in the market at all? No, I still can. That’s the reason for the birth of mutual funds. What exactly is a …
A fund house is also known as a fund company or unit trust management company in Malaysia. They own and operate mutual funds. From Investopedia, “Fund company is a commonly used term to describe an investment company, which is a corporation or trust engaged in the business of investing the pooled capital of investors in …
