KCLau's Money Tips Forum

[leon]

Hi.. can everyone share some UT in malaysia with cheapest management and purchase fee?

Thanks

[jutamind]

management fee for most of the local equity funds is 1.5%, whereas oversea funds are around 1.75 - 1.8%. therefore, i think the differentiating factor among the funds are not so much on the management fees, but more on service charge when you purchase the units.

try to look into index fund, which typically charge 1% service charge. personally, OSK UOB KLTracker fund which charge 1% entry and 1% exit fee, seems to be a viable choice for you.

[KCLau]

I still remember that the person who won the unit trust investment competition organised by Hwang-DBS 1-2 years ago invested fully in index fund. He won the game because of the low front load.