I see market is in the PEAK now and anytime will reverse trend.
I am planning to cash out and put back in my EPF to enjoy the 6++ return rather than take risk in Unit Trust or switch to other fund which give me higher return.
From the recommendation of fundsupermart, it suggest to me to switch to OSK UOB Kidsave Trust fund, a comparison is as below:
Top Holding for GIFT fund:
Top Holdings (%)
UZMA BERHAD 3.55
POWER ROOT BHD 3.22
BANGKOK AVIATION FUEL SER PLC-FOR 2.91
PUBLIC BANK BOND-5.10% (22/12/36) 2.77
CYPARK RESOURCES BHD 2.52
Source: http://www.fundsupermart.com.my/main/admin/buy/factsheet/factsheetMYOSKGIFT.pdf
Top Holding for Kid SAVE:
Top Holdings (%)*
CIMB GROUP HOLDINGS BHD 3.06
TENAGA NASIONAL BHD 2.78
SABAH DEVELOPMENT BK-4.15%(27/5/16) 2.78
AIR ASIA BERHAD 2.63
PROMINIC BHD-5.05%(05/05/2061) 2.62
Source: http://www.fundsupermart.com.my/main/admin/buy/factsheet/factsheetMYOSKKTR.pdf
Based on the top holding I still prefer GIFT fund compare to KidSAVE.
Fund Comparison Table
| Keydata | OSK-UOB GIFT | OSK-UOB Kidsave Trust |
|---|---|---|
| Company | OSK-UOB Investment Mgmt Bhd | OSK-UOB Investment Mgmt Bhd |
| Category | Mixed Asset Myr Balanced - Malaysia | Mixed Asset Myr Balanced - Malaysia |
| Launch Date | 2005-01-07 | 1999-05-10 |
| Approved Fund Size | 200,000,000 | 700,000,000 |
| Fees | OSK-UOB GIFT | OSK-UOB Kidsave Trust |
| Sales Charge | 5.3% | 6.4% |
| Redemption Charge | None | None |
| Annual Management Fee | 1.5% | 1.5% |
| MER (Management Expense Ratio) | 1.57% | 1.55% |
| Transaction Details | OSK-UOB GIFT | OSK-UOB Kidsave Trust |
| Minimum Initial Investment | RM200 | RM100 |
| Minimum Additional Investment | None | None |
| Minimum Units Held | 100 | 100 |
| Redemption Frequency Limit | 0 | 0 |
| Minimum Redemption | None | None |
| Regular Investing | Yes | N/A |
| Minimum Initial Regular Investment | RM200 | N/A |
| Minimum Additional Regular Investment | None | N/A |
| Fund Switching | Yes | Yes |
| Switching Frequency Limit | 0 | 0 |
| Minimum Units per Switch | RM1,000 | RM1,000 |
| Free Switches | 0 | 0 |
| Switching Fee | RM25 | RM25 |
| Distribution Reinvestment | Yes | Yes |
| Fund Return (as at 2014-07-11) | OSK-UOB GIFT | OSK-UOB Kidsave Trust |
| 1 month | % | % |
| 6 month | 8.95012525621% | -0.785994998214% |
| 1 year | 15.966206638% | -5.68857191374% |
| 3 year | 51.7265727367% | 15.4964466517% |
| 5 year | 83.6663638871% | 51.9848369107% |