QUOTE(hamster9 @ Oct 9 2006, 07:43 PM)
I tot switching funds there's charges and not really that worth it?
Yes, I am interested in the promotional period but I'm not around Malaysia�
Yes, I am interested in the promotional period but I'm not around Malaysia�
QUOTE(leekk8 @ Oct 9 2006, 08:39 PM)
Some of the fund apply switching fee, but some don't. If not mistaken, public mutual has no switching fee, pidah please correct me if I'm wrong. However, you only can switch among the funds that have similar service charge, else, you need to pay the extra service charge.
Pidah, about the global fund of Public Mutual, does this fund invest directly into foreign stock market or invest to foreign funds?
1. Switching - yup we do have switching fees at Public Mutual. Normally we charge RM25 at NAV price. Switching fund is worth it lohh, the mechanism is like this; Pidah, about the global fund of Public Mutual, does this fund invest directly into foreign stock market or invest to foreign funds?
when the Composite Index going higher, the Fund Manager will switch the Equity fund to Bond fund/Money Market Fund (Fixed Deposit) where as here you will gain more RM. But when the KLCI going down, the FM will switch back the fund frm Bond Fund to Equity Fund. (here u gain more units). As i mention before, source of U.Trust - Rise of Unit Price (Capital appreciation).
2. At Public Mutual u can move/switch you investments between various funds in response to changing financial goals or market conditions.
3. As for the Public Global Select Fund (PGSF), the fund will invest in blue chips stock, index stocks and growth stocks listed on selected global markets. THe fund may also invest in fixed income securities such as sovereign bonds, corporate debt and money market instruments to help generate returns. (source: prospectus PGSF)
4. hamster9 - too bad uhh.. well may i know when u'll be back here? btw gimme a
call or text me on 019-2088600 or else just PM me here when u're ready to invest with Public Mutual.
pidah
This post has been edited by pidah: Oct 10 2006, 06:13 PM