QUOTE(dewVP @ Mar 5 2012, 12:10 AM)
Thanks! Just wanna make sure whether I should include it to calculate my bond/equity balanced allocation. Have to make sure my equity % is a little lower than my bonds.
You can consider bond which give u around 7% return p.a., slightly higher than PNB's fund with no race quotas.
You can also switch from bond to equity or vice versa depending on the market performance and your preference any time.
Added on March 5, 2012, 12:20 amQUOTE(bursalchemy @ Mar 5 2012, 12:12 AM)
Does PNB has sufficient fund to pay back investor if everybody going to withdraw their money? Or it is just another Ponzi scheme?
The answer is NO.
even banks will not able to accomodate the withdrawals of their depositors if EVERYBODY withdraw the money from the bank. They have insuffient time to call back the loans they lend out to their borrowers.
regarding whether PNB funds are Ponzi scheme, we have dicussed this issue b4. The best thing if u study the financial annual report of each fund. It will tell you lots of info and justify if it is a ponzi scheme. Judge yourself and dont rely on hear say and rumos
This post has been edited by cheahcw2003: Mar 5 2012, 12:20 AM