The annual fees is 3%. It will eat into your profits in the long run. Read “I Will Teach You to be Rich” by Ramit Sethi. He explains it. I had PM unit trust for many years. Realised the returns were dismal over > 10 years. Took most of it out. Thanks for the video. Not many unsponsored videos these days.
I am Malay and I always prefer ASB and ASB Financing,low return but very stable in long term. I dont know why some of Malay despise ASB and their low return,they are even zero risk.Most of unit trust is suck,mainly because the salesman always sugar coated their story about unit trust. To diversify the investment,unit trust is one of the choices but should be on Bond and Sukuk.
Thanks guys....this advice came too late for me...If i left my money in EPF, i would 've earned extra 30 k....This happens when you depend on sleeping agents who after collecting their commissions, leave you in cold water.
one more thing i would like to share is most unit trust or mutual funds doesnt take inflation into account. so technically the risk of under performance is high if u pull in inflation in account. to be realistic, EPF would be safer or Private trustees cash trust can actually provide you better. If you are looking to make like double digit returns, best is to invest urself in commodities, stocks, etc.
Very clear and unbiased explaination about UT! Just subscribed to you guys 😎 I am curious your views about eToro Copy Trading, as they have similar concept as UT but with zero management fees
Appreciate the insight guys, keep up the content. Having watched your recent video on Stashaway, between Unit Trust and Stashaway (ETF), which would you consider in the long-run to be a better asset class for investment?
Thanks Jessvinder! Unit trust and stashaway are actually not asset classes. They're just intermediaries for asset classes like stocks, bonds, etc. As to which is the best, that depends on how well you understand the assets. FOr eg: if you understand stocks better than the one with stocks(regardless of UT or Stashaway) will do well.
Great to hear specifics about unit trusts,,, I hope that FIRL would share something more specs between opening personal trading account and nominee account (CDS)
Hi, thank you for your video. My qtn is you mentioned that UT's rarely register double digit growths. However, two UT funds that I analysed have returned annualised double digits growth over a 10 yr period, sourced from Lipper. In some years, the returns even hit betw. 15-21%. Am I reading the info correctly? Correct me if I'm wrong, but the idea behind UT is long term, and if an investor is willing to hold their stake with that perspective, then there's a decent chance of hitting returns that outperform even EPF, for e.g.. Your take pls
Yes you are right sir. If u have already invested in UT, pls just keep it until it hit your target. Dont bother about the temporary negative return. Do DCA if u have more cash when the price go down. :)
Almost unbiased except the other side of the coin wasn't explained better. Information disparity is reduced, how about time to research n invest when you have 9 to 5 job. Secondly, fund manager is not incentives to make profit since not commission based, how about remisers that are taking higher risk than they should to make extra money? Thirdly, time horizon of the investment wasn't mentioned.
Hi appreciate if u can talk more about the CDS account like why how and who is suitable to open this account. Is it good or bad.. and what is cds account actually. Thank you.
Risks are higher when u bought yourself, how many individuals are really making money in stock market? Double digit return ain't easy even stock market, even if u do study on stocks
Hi would like to know you mention UT is low return is it referring to majority or all of them? cause I had been intro about some of the UT is about more than 10 - 20 % yearly and they even show me 3 years about 90% return. this confuse me. John can you advise me ?
Hi Jackson, while it is true that in good year, u might get high return as high as 50% in 1 year but pls dont think that way. It is not how UT works. In AVERAGE, you might get 8-15% per annum but not every year you would get that kind of return. UT is designed for a medium to long term investment which means u have to invest for long term like 3 years or more because in some years you probably will get a negative return or low return. That 1 year if you get a very high return will cover the year that you get a low return. Thats why it is 8-15% in Average. Maybe if u get lucky to receive a 20-30% return after only 1 year, u have 3 options. 1. Keep it for long term (10 years or more) 2. Withdraw your gain to secure your profit. 3. Move your gain to a low risk fund. Hope this helps. :)
Asymmetric triple digit returns…HODL crypto thematic BTC maximalist….fees and inflation nullifies such meagre returns….focus to grow wealth..diversify to protect it
Unit trust 5.5% sales charge and 1.5 % annual fund management charge. Answer is NO UNIT TRUST. BEAR MARKET DOWN MORE THAN INDEX, BULL MARKET PERFORM WORSE THAN INDEX, COZ OF CHARGES. THE MORE YOU INVEST, THE MORE U LOSE. EITHER PROFIT MARGIN LOSS OR PAPER LOSS.
UT is for long term cumulative growth only. Market will always be ups and downs but for those housewives who prefer to save small amounts monthly in UT will definitely reap harvest after 15++years. A Nice lump sum for the kids education . Sort of forced savings with growth. If you want fast gains, can always go Genting High.😂
less than 8% of unit trust (beats EPF div rates) give you long term growth unfortunately. You still need to do your own due diligence and be selective.
Hey MJ n John, what are your opinions on insurance savings plan and also investment linked plan? Are they as good as unit trust? What are your thoughts on it? Also in our parents generation many have been enticed with their “projected return” and end up upon maturity date the value is lesser than the amount they invested.
By the way, really love the content you guys put on RUclips. It helps a lot. Keep up the good work! Looking forward to more content from u guys. 🔥🔥🔥🤟🏻🤟🏻🤟🏻🙌🏻🙌🏻🙌🏻
@Min Young. Every financial products has it's uses and objectives. You won't use Washing Detergent to wash your car right? Drawing parallels, insurance products are used as tools for: 1. Risk management and 2. Wealth preservation. It was never meant to be used as an investment tool. Think of it like your sword and your shield. Unless you are Captain America, I doubt you will be using your shield as your weapon of choice for an attack. It doesn't do justice to the topic in a comment space here (maybe if there's enough demand we will create an insurance series on this) to give you the full picture but I'll be as concise as possible here. Use insurance for the 2 objectives I mention above. I'm a trained insurance planner (John here) and a big believer of insurance. However, find other financial instruments to grow your wealth. Learn what are the differences on financial asset classes, understand how they work, and you will realize there's many other choices to grow your wealth. Even if you don't pick individual stocks like us, unit trust or cheap index ETFs like Stashaway are better options for wealth creation that picking an insurance savings plan which pay only slightly more than risk free rate (e.g Fixed Deposit rates). Good luck and do reach out again if you need help!
I would like to discuss about this very lucrative Forex trading investment, where you can make huge profits from.. I would like to know if you would be interested?
I would like to discuss about this very lucrative Forex trading investment, where you can make huge profits from.. I would like to know if you would be interested?
Hello. I am a newbie in UT. May i know how Annual Management Fee is calculated. For eg. 1.8% of NAV per annum. Coz when i buy the fund i don't see this Annual Management Fee charge. What i see and mentioned in the purchase note is the sales charge.
The calculation will be 1.8% of whatever you put into UT, for eg: if you put in 100,000, then the fee will bee 1,800. You can find the fee in the annual report/prospectus.
@@FIRLco MJ! :p Haha but specifically, loved how each component was so clearly segmented. Makes it easy to watch in chunks and also as usual, you guys explain things very clearly ☺️
In recent days, unit trust funds drop tremendously, what are your thoughts? Should you sell and accept the losses or just leave it till you get gain? I have a few unit trust funds which ia doing -50% already for the past 2 mths. Should i pull plug to accept loss or just leave it?
@@FIRLco many told me just to leave it but the daily monitoring seems like heading to worst. Thats why im asking your opinion. Its a unit trust though. Main trust are tesla inc.
Depends on the type of fund you choose. There are funds that gives dividend annually and also fund that gives dividend but not every year. On the prospectus they will state whether the dividend is annual or incidental. On the other hand, unit trust do not focus on dividend. It focus more towards the capital gain. This capital gain yang akan bagi high return to u. Not the dividend. For example, although ASB n epf is also a unit trust, the way they works is different. Asb price per unit are fixed RM1 = 1 unit. Thats why asb n epf hanya bagi dividend. No capital gain. Hope this helps. :)
unit trust sucks … lost money in unit trust … u loss money thru 3-5% surcharge and fees even b4 those stupid fund managers work for u …even we pay fees to fund managers, they also dont care whether earn or no earn …but prs ok bcoz u still can claim tax relief… definately not recommend unit trust
Stumbled upon this channel. Content is pretty dull tbh, maybe trying too hard to promote own consulting business. Why not try harder creating better content... my 20cent opinion, no offence
Free Stock Investing Masterclass (LIVE)
➡ firl.ewebinar.com/webinar/firl-masterclass-3908
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Mentorship Program
➡ bit.ly/mentorshipapply
The annual fees is 3%. It will eat into your profits in the long run. Read “I Will Teach You to be Rich” by Ramit Sethi. He explains it. I had PM unit trust for many years. Realised the returns were dismal over > 10 years. Took most of it out. Thanks for the video. Not many unsponsored videos these days.
I am Malay and I always prefer ASB and ASB Financing,low return but very stable in long term. I dont know why some of Malay despise ASB and their low return,they are even zero risk.Most of unit trust is suck,mainly because the salesman always sugar coated their story about unit trust. To diversify the investment,unit trust is one of the choices but should be on Bond and Sukuk.
Thanks guys....this advice came too late for me...If i left my money in EPF, i would 've earned extra 30 k....This happens when you depend on sleeping agents who after collecting their commissions, leave you in cold water.
Sorry to hear this. It is never too late to start though.
Great content, very informative and straight-to-the-point, thanks!
Thanks again for the explanation firl guys! 💯 Much clearer now 👍🏻
glad you enjoyed it!
one more thing i would like to share is most unit trust or mutual funds doesnt take inflation into account. so technically the risk of under performance is high if u pull in inflation in account. to be realistic, EPF would be safer or Private trustees cash trust can actually provide you better. If you are looking to make like double digit returns, best is to invest urself in commodities, stocks, etc.
Nice one! Thanks for the explanation 👍
Love this video explanation!!!
Very clear and unbiased explaination about UT! Just subscribed to you guys 😎
I am curious your views about eToro Copy Trading, as they have similar concept as UT but with zero management fees
THanks for your support. We're not fans of copy trading, to be honest.
Thanks you guys explained that really well
Appreciate the insight guys, keep up the content. Having watched your recent video on Stashaway, between Unit Trust and Stashaway (ETF), which would you consider in the long-run to be a better asset class for investment?
Thanks Jessvinder!
Unit trust and stashaway are actually not asset classes. They're just intermediaries for asset classes like stocks, bonds, etc.
As to which is the best, that depends on how well you understand the assets.
FOr eg: if you understand stocks better than the one with stocks(regardless of UT or Stashaway) will do well.
Mantap do video ni
Could you please advise what to do with suspended unit trust funds
Great to hear specifics about unit trusts,,,
I hope that FIRL would share something more specs between opening personal trading account and nominee account (CDS)
In the future, for sure!
iv been thinking 2 invest but zero knowlage hav some cash thinking of good return 4 old age
Hi, thank you for your video. My qtn is you mentioned that UT's rarely register double digit growths. However, two UT funds that I analysed have returned annualised double digits growth over a 10 yr period, sourced from Lipper. In some years, the returns even hit betw. 15-21%. Am I reading the info correctly? Correct me if I'm wrong, but the idea behind UT is long term, and if an investor is willing to hold their stake with that perspective, then there's a decent chance of hitting returns that outperform even EPF, for e.g.. Your take pls
Yes you are right sir. If u have already invested in UT, pls just keep it until it hit your target. Dont bother about the temporary negative return. Do DCA if u have more cash when the price go down. :)
@@zaeimsirat3555 thanks Bro
How many UT out there, and only how many are making decent returns? Most are losing money over the long run and they just delete that whole fund.
Any down fall expecially in forex/crypto markets gives me huge anxiety and stress. I am more of a buyer/long positions.
Hi！How currency risk impact unit trust？
Almost unbiased except the other side of the coin wasn't explained better. Information disparity is reduced, how about time to research n invest when you have 9 to 5 job. Secondly, fund manager is not incentives to make profit since not commission based, how about remisers that are taking higher risk than they should to make extra money? Thirdly, time horizon of the investment wasn't mentioned.
Hi appreciate if u can talk more about the CDS account like why how and who is suitable to open this account. Is it good or bad.. and what is cds account actually. Thank you.
That's interesting. Thanks!
Risks are higher when u bought yourself, how many individuals are really making money in stock market? Double digit return ain't easy even stock market, even if u do study on stocks
Hi would like to know you mention UT is low return is it referring to majority or all of them?
cause I had been intro about some of the UT is about more than 10 - 20 % yearly and they even show me 3 years about 90% return. this confuse me. John can you advise me ?
Hi Jackson, while it is true that in good year, u might get high return as high as 50% in 1 year but pls dont think that way. It is not how UT works. In AVERAGE, you might get 8-15% per annum but not every year you would get that kind of return. UT is designed for a medium to long term investment which means u have to invest for long term like 3 years or more because in some years you probably will get a negative return or low return. That 1 year if you get a very high return will cover the year that you get a low return. Thats why it is 8-15% in Average. Maybe if u get lucky to receive a 20-30% return after only 1 year, u have 3 options.
1. Keep it for long term (10 years or more)
2. Withdraw your gain to secure your profit.
3. Move your gain to a low risk fund.
Hope this helps. :)
Asymmetric triple digit returns…HODL crypto thematic BTC maximalist….fees and inflation nullifies such meagre returns….focus to grow wealth..diversify to protect it
Nice. all the best!
Unit trust 5.5% sales charge and 1.5 % annual fund management charge. Answer is NO UNIT TRUST. BEAR MARKET DOWN MORE THAN INDEX, BULL MARKET PERFORM WORSE THAN INDEX, COZ OF CHARGES. THE MORE YOU INVEST, THE MORE U LOSE. EITHER PROFIT MARGIN LOSS OR PAPER LOSS.
Good points Siew Ming!
Lets go to asb?
What's the time horizon you are talking about? Short term don't go unit trust la.. How to leverage dca like that
The only person who is earning are the UTC and Fund Manager even when you are losing money..
UT is for long term cumulative growth only. Market will always be ups and downs but for those housewives who prefer to save small amounts monthly in UT will definitely reap harvest after 15++years. A Nice lump sum for the kids education . Sort of forced savings with growth.
If you want fast gains, can always go Genting High.😂
less than 8% of unit trust (beats EPF div rates) give you long term growth unfortunately. You still need to do your own due diligence and be selective.
Hey MJ n John, what are your opinions on insurance savings plan and also investment linked plan? Are they as good as unit trust? What are your thoughts on it? Also in our parents generation many have been enticed with their “projected return” and end up upon maturity date the value is lesser than the amount they invested.
By the way, really love the content you guys put on RUclips. It helps a lot. Keep up the good work! Looking forward to more content from u guys. 🔥🔥🔥🤟🏻🤟🏻🤟🏻🙌🏻🙌🏻🙌🏻
@@thats.minyoung thanks for your feedback! Do share with your friends and family to benefit them as well!
@Min Young. Every financial products has it's uses and objectives. You won't use Washing Detergent to wash your car right?
Drawing parallels, insurance products are used as tools for:
1. Risk management and
2. Wealth preservation.
It was never meant to be used as an investment tool. Think of it like your sword and your shield. Unless you are Captain America, I doubt you will be using your shield as your weapon of choice for an attack.
It doesn't do justice to the topic in a comment space here (maybe if there's enough demand we will create an insurance series on this) to give you the full picture but I'll be as concise as possible here.
Use insurance for the 2 objectives I mention above. I'm a trained insurance planner (John here) and a big believer of insurance.
However, find other financial instruments to grow your wealth. Learn what are the differences on financial asset classes, understand how they work, and you will realize there's many other choices to grow your wealth. Even if you don't pick individual stocks like us, unit trust or cheap index ETFs like Stashaway are better options for wealth creation that picking an insurance savings plan which pay only slightly more than risk free rate (e.g Fixed Deposit rates).
Good luck and do reach out again if you need help!
Good effort to educate the Msian public. Keep it up.
Thanks Benard!
Hi Sir, of many UT/ETF (ManuLife/FSMOne/Public Mutual/etc), which one would you advise on?
@Vignesharan Ganesh, learn how to read the fund prospectus and understand each individual fund's objective before investing. Good luck!
Probelm is the art of searching for the RANKING FUND MANAGERS
Good Information.Tq
thank you. learn more thing
Hi guys.. Thanks for the information shared. Also,may i know what is ASP please?
welcome. Which ASP are you referring to? Which part of the video?
@@FIRLco at 11.59th minute you said EFP or ASP.
@@mrn900 owh its ASB.
I would like to discuss about this very lucrative Forex trading investment, where you can make huge profits from.. I would like to know if you would be interested?
I would like to discuss about this very lucrative Forex trading investment, where you can make huge profits from.. I would like to know if you would be interested?
Do capital gain from UT taxable?
Shouldn't have.
Nope. Your gain is 100% yours. The unit trust company will pay the taxes.
Hello. I am a newbie in UT. May i know how Annual Management Fee is
calculated. For eg. 1.8% of NAV per annum. Coz when i buy the fund i
don't see this Annual Management Fee charge. What i see and mentioned in
the purchase note is the sales charge.
The calculation will be 1.8% of whatever you put into UT, for eg:
if you put in 100,000, then the fee will bee 1,800.
You can find the fee in the annual report/prospectus.
Stock is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings
I loved this video! ☺️
Thank you! What specifically did you like about it?
@@FIRLco MJ! :p Haha but specifically, loved how each component was so clearly segmented. Makes it easy to watch in chunks and also as usual, you guys explain things very clearly ☺️
@@talkatiffy correct answer right there.
In recent days, unit trust funds drop tremendously, what are your thoughts? Should you sell and accept the losses or just leave it till you get gain? I have a few unit trust funds which ia doing -50% already for the past 2 mths. Should i pull plug to accept loss or just leave it?
what funds are they?
@@FIRLco Affin Hwang Global Disruptive Innovation Funds
@@owenkoay83 you still believe in the stocks in the fund?
@@FIRLco many told me just to leave it but the daily monitoring seems like heading to worst. Thats why im asking your opinion. Its a unit trust though. Main trust are tesla inc.
@@owenkoay83 well, I think it's best to look into the fund manager now. Do they have a track record of success?
Does unit trust give dividends and NAV?
Depends on the type of fund you choose. There are funds that gives dividend annually and also fund that gives dividend but not every year. On the prospectus they will state whether the dividend is annual or incidental. On the other hand, unit trust do not focus on dividend. It focus more towards the capital gain. This capital gain yang akan bagi high return to u. Not the dividend. For example, although ASB n epf is also a unit trust, the way they works is different. Asb price per unit are fixed RM1 = 1 unit. Thats why asb n epf hanya bagi dividend. No capital gain. Hope this helps. :)
is it true that in long run UT never beat the market or index which they benchmarked with?
Most of the time, yes.
Can talk regarding my unit trust
Does the coaching application cost anything?
That depends on what you want/need. Apply to find out!
haha of course, this is how they make money
What are your actual portfolio return if you manage your own investment?
that depends on which portfolio. But around 10-20%
@@FIRLco Have you share your portfolio return for the past years in your youtube channel or in your SIB course? 😀
@@meifeicheen2131 You can find it in our free training
A fool and his money will soon part.
Never to unit trust.
unit trust sucks … lost money in unit trust … u loss money thru 3-5% surcharge and fees even b4 those stupid fund managers work for u …even we pay fees to fund managers, they also dont care whether earn or no earn …but prs ok bcoz u still can claim tax relief… definately not recommend unit trust
most of the time, you're right.
Comparing stocks and unit trust? You must be kidding right? 😅
why not?
@@FIRLco compare apple with apple la bro. Like unit trust and asb. Dont be bias.
@@zaeimsirat3555 um, equity unit trusts are just a collection of stocks. It is apple to apple.
@@FIRLco brooo 😅. Its the same and also it is not. Come on man. U came out with this video and u couldnt even understanding what im talking about.
@@zaeimsirat3555 we do.
I lost a heck of a lot of mullahs! Nearly bankrupt dy!
Stumbled upon this channel. Content is pretty dull tbh, maybe trying too hard to promote own consulting business. Why not try harder creating better content... my 20cent opinion, no offence
Thanks for your feedback Jeff.
To be honest, we're here to create content that is for beginners and is not meant to be entertaining.
Run, The crash is coming.
Sorry la! Unit trust is definitely not for me!
good to be honest
thumbanil look funny
Thanks?
thank you