I hope my agent is right in her investment skill.
My switch out fund price for AIA Asia Platinum fund is 0.608 on 10 March 2014.
current price is 0.60
http://www.bloomberg.com/quote/AIAPLAT:MK
while AIA Eleven Plus fund is 0.623 on 10 March 2014.
current price is 0.61
http://www.bloomberg.com/quote/AIAELPL:MK
My bid price is 0.639.
Current price is: 0.66
http://www.bloomberg.com/quote/AIAEQDV:MK
From the price comparison, my agent is RIGHT. The two fund that I switch out is dropping while the fund that I switch in is Increasing.
This investment link I have invested for 14 years.
Each year I pay RM 1411.50, so if multiply by 14 years is RM 19761.
My fund unit cash value is RM 18790.93.
Not bad hor after the money used to pay the commission to the agent and my insurance premium.
Basically I use only RM 971 to cover my insurance premium.
AIA Equity Dividend Fund Fact Sheet:
Fund Factsheets
AIA Equity Dividend Fund
Investment Objective
AIA Equity Dividend Fund aims to provide steady capital growth and income by investing mainly in a portfolio of stocks listed on the Bursa Malaysia Berhad which offer or have the potential to offer attractive dividend yields.
Investment Strategy
The Fund seeks to achieve its goal of providing steady capital growth and income by investing mainly in a diversified portfolio of stocks that offer or have the potential to offer attractive dividend yields. The Fund Manager may adopt temporary defensive strategies such as lowering the Fund’s equity exposure if the investment climate is deemed to be unfavourable in the equity market. The Fund Manager may also increase the fund’s equity exposure if the outlook for the equity market is positive and returns are promising.
TOP HOLDINGS:
1) BJTOTO
2) Magnum Berhad
3) Phileo Allied Berhad
4) Maybank
5) Maxis
http://www.aia.com.my/en/resources/b9c84b8041353d3db465f59adec26f6c/Equity_Dividend_AUG13.pdf