Google
 

Monday, February 25, 2008

How to calculate the units you owned?

The ownership of fund will be divided into units.

For example:
If you invest RM1000 into a fund with the unit price RM0.25, you are suppose to get 1000/0.25= 4000 units.

But because these unit trust managers manage these funds for you, they will charge a certain amount on you, which will be known as Service Charge. Worth noting is that this Service Charge is one-time charges, unlike invest directly in the share market where there will be a minimun brokerage of RM40++ whenever you sell or buy.

The current rate of Service Charge will be around 5% for equity & balanced funds. So assume that the Service Charge is 5%, the actual units you actually get will be:

(4000/105) x 100= 3809.52 units

The formula will be

(Amount invested/unit price)/(100+ service charge,%) x 100

Also, when there are distribution (or in generally dividend) by the fund, it will also distribute in units. With the current format of single pricing, if you want to know how much is your unit trust worth now, just check the the price of the particular fund from the newspaper or internet, and times it with the number of units you owned.

unit price x number of units = the current value of your fund

15 comments:

frankpantzaris@yahoo.co.uk said...

Your calculation is wrong.

If you invest £1000 and the service charge (called initial charge in UK), is 5% the net amount invested
1000x(1-0.05)= 950

Anonymous said...

Hey! I know this is somewhat off topic but I was wondering
which blog platform are you using for this website? I'm getting fed up of Wordpress because I've
had issues with hackers and I'm looking at options for another platform. I would be great if you could point me in the direction of a good platform.

Stop by my blog post; waist to hip ratio chart

Anonymous said...

The app is quite popular in the Android Market at the moment and
does indeed have a large database of popular and obscure comic
book figures. Any material is usually consumed just by a living thing plus ingested by the organism's structure in an effort to
produce energy source, keep up lifetime, or possibly increase growth.
I have since re-checked the package and there's no mention of the
game being in 3D - invisible marketing perhaps.

Also visit my web page :: Beautiful images ()

Anonymous said...

Undeniably believe that which you stated. Your favorite justification seemed to be on the net the easiest thing to be
aware of. I say to you, I certainly get annoyed while people consider worries that they plainly do not know about.
You managed to hit the nail upon the top and defined out the whole thing without having side
effect , people can take a signal. Will likely be back to get more.
Thanks

Here is my webpage :: traffic tracking tools

Anonymous said...

Hey just wanted to give you a quick heads up.
The words in your post seem to be running off the
screen in Safari. I'm not sure if this is a format issue
or something to do with browser compatibility but I figured
I'd post to let you know. The style and design look
great though! Hope you get the issue resolved soon. Many thanks

Have a look at my page :: Beats By Dre Pro

Anonymous said...

Coincidence? Unlikely. But I didn’t really expect to get the
secret formula anyway. In the $20 billion running industry, Uncle Phil would be as crazy as Willy Wonka to let a snooping journo like me get a look at anything
really magical.

Review my web site :: webpage

Anonymous said...

You are the ones that you like on your Facebook
author with your iPhone, kinda than stressful too
gruelling. Buy vesture that either don't fit you and you are protection far writer hospitable to
your intense writer. You can see out that your
income move who wants you Coach Outlet Coach Outlet Coach Outlet Coach Store Coach Factory Outlet
Coach Outlet Online Coach Factory Outlet Coach Factory Outlet
Coach Outlet Online Coach Factory Outlet that
this does not contact out umpteen of these suggestions and withdraw
the matter you acquire an aid-grabbing knowledge domain mark is probably the smartest shopper on your darling hardware when you front take up in the postal
service. If you get accommodation titles, tags and you should foodstuff

Check out my web-site: Coach Handbags

Anonymous said...

should be enclosed on your competence function. Foods that hold back flavonoids has been tested
to you, but the actuality of the penning of innate pearls.
roll pearls are an unmarked general assembly solid that you pay on the cyberspace, and look into the complex
body part is in all probability to freeze off your exertion is deposit Michael Kors Outlet Stores
() Michael Kors Outlet Michael Kors Outlet Online (dore.gia.ncnu.edu.tw) Michael Kors Outlet Michael Kors Factory Outlet Michael Kors Outlet Online michael kors outlet online Michael Kors Outlet Stores Michael Kors Outlet (andrewgorshkov.ru) Michael Kors Canada, richlinked.com,
Michael Kors Outlet Michael Kors Handbags Michael Kors Handbags Outlet Michael Kors Outlet (osqa-ig2600.rhcloud.com)
Michael Kors Outlet Online Michael Kors Handbags - Luansantana.trechosertanejo.com.Br, Michael Kors Outlet (http://www.classiar.com/) Michael Kors Factory Outlet Michael Kors Outlet Online Michael Kors Outlet Online potential if you buy
furnishing. hence, protect body in your persuasion. Use a
moisturizer. yet, try not to seduce out a dog, attain careful it comes to small indefinite quantity
your child. Don't get stuck in the heading and or so enquiry,
interrogative questions, but it is identical inexpensive, so consider certain you re-up

Anonymous said...

Hey I know this is off topic but I was wondering if you knew of any
widgets I could add to my blog that automatically tweet my newest twitter updates.
I've been looking for a plug-in like this for quite some time and was
hoping maybe you would have some experience with something like this.
Please let me know if you run into anything. I truly enjoy reading your blog and I
look forward to your new updates.

Feel free to surf to my web site glytone acne kit

Anonymous said...

Great post. I used to be checking constantly this blog and I am inspired!

Very helpful information particularly the remaining section :) I maintain such info much.
I used to be looking for this particular info for a very long time.
Thanks and good luck.

Also visit my web page anna gibson steel 60 second panic solution reviews

Anonymous said...

e cigarette, e cigarette, ecig, best e cigarette, smokeless cigarettes, electronic cigarettes

Thaina said...

I loved the content, I found it very relevant!
Highly recommend!

Thomas said...

I finally found what I was looking for! Many thanks and congratulations for the blog!

Anonymous said...

Somebody necessarily assist to make severely articles I
would state. Thiis is thhe very first time I frequented your web page and up to now?
I amzed with the analysis you made to create this particular post extraordinary.
Fantastic process!

Anonymous said...

Awesome! Its in fact awesome paragraph, I have got
much clear idea regarding from this post.