Friday, September 18, 2009

Unit Trust Comparison

How to earn money by investing unit trust in Malaysia?




Unit Trust industry is very hot in Malaysia recently. Public Mutual is the biggest unit trust fund management company in Malaysia. I would like to review unit trust industry in Malaysia.



How to Choose Unit Trust Asset Management in Malaysia?



1) Public Mutual - subsidized by Public Bank Berhad. Recently, Public Mutual is moving forward to Global, China, ASEAN fund recently. The service charge is 6.5%. I personally think the Service Charge too high. Most of the service charge go into Agent's "pocket". Nowadays, online investment is well-knowned in Europe, US, and Japan. Why not they implement online investment with lower service charge?

2) OSK-UOB Asset Management Bhd - the service charge from OSK-UOB is lower, roughly 2.5-3%. Lower service charge help you gain more after 5-7 years investment. I personally prefer OSK-UOB fund because most of the fund are under UOB asset manaagement Singapore. The Fund Size overall bigger than other fund. The Fund is not only for Malaysian but Global Customer.

3) Prudential Asset Management - The service charge is roughly 5%. Prudential is well-knowned international insurance company but fund management's performance is not really doing well compare to other fund. They're improving their website recently, but no improment on fund performance.

4) CIMB Asset Management - Some of the fund really doing quit well but, i haven't explore to this fund.

5) I-Fast Online Unit Trust - offer lowest Service Charge 2%. U can buy most of the fund registered in Malaysia from Fund Supermart. Let's go for it if you're good in internet banking/investment.


I would recommend I-Fast FundSupermart to invest in Unit Trust/Mutual Fund. The service charge is only 2%-1.5%.

Worth for it !



Thanks.

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