May I ask your opinion,between these 2 fund (BOND FUND vs GROWTH FUND),which is better to invest if I plan to invest around 3 to 5 years??

Or do you have any mutual fund better than the fund that i mentioned above?

Another silly question is ,where to buy the fund.Is it just register at public bank and they will settle it for you??

I would be grateful if you share your opinion with me.

Thank you.

The difference is the risks/returns, the objectives of the funds and the focus of the funds.

PUBLIC BOND FUND
lower risk/returns (bonds) - To provide a steady stream of income returns through investment in the money market and private debt securities.

PUBLIC GROWTH FUND
higher risk/returns (equities) - To achieve long term capital appreciation with income considered incidental

In the end it depends on your risk appetite and investments objectives.

For equity funds from Public Mutual there is a charge of up to 5.5% of the NAV per unit. So say you invest the minimum amount of RM1000, the actual amount that goes into the investment is lesser than that. As for bond funds, the charge is up to 0.25% of the NAV per unit

Considering the markets are on the road to recovery, I recommend investing into equity funds at the moment. After gaining profit then you may want to switch to bond funds to lock your profits.

In order to invest, you need to approach a Public Mutual Unit Trust Consultant (Agent). They will guide and advice you on your unit trust investments.
I am an agent based in Melaka, so if you are in Melaka, I can assist you if you want to.

You may also visit Public Mutual for more info.

Hope this helps.

This post has been edited by lytros: Aug 15 2009, 09:19 AM

Isn't Public Bond Fund still closed to new money? I've had money in it for years and it generally does very well for a bond fund, but I've never been able to add money to it. My only option was to put the money in the Public Select Bond Fund.

Penangite,

You are constantly posting threads at the wrong place. This is the stock market section, there is a thread specifically for unit trust investment.

Please do read through the forums next time you decide to post up something. Post in relevant sections please.

http://forum.lowyat.net/topic/690951