Sigh. Just wanna share something. Just a lesson i learned. Few days ago, i was discussing with my agent about to switch over bond fund because investors are pulling out from the market due to cny is coming. Volume trades of course drop alot.

So my agent told me, "dont too rush, if u can put 5 years consistent u will get return more than 50%". I was like  . He told me if got big crisis only that consider me to switch. "IF not after u switch to bond u cant switch back to equity fund"-->why cant switch back? i thought switching is allowed anytime. I ask him why cant switch back, and he said "If market go up faster then how u switch back? If market down u can go back." So i just diam diam

Here is what i thought and observe. During the last few weeks rally in the stock market, im sure everybody here gain alot from it. So last week, i was planning to lock my profit which worth 30k since december until now. Lock profit for now, then if cny is over and trade volume is high(i assume investors are coming back) and no bad news over regional markets, i switch back to equity funds. Sadly im too young and i could not afford to do my decision myself, so i diam diam again and just follow the agent advice. So for yesterday, the NAV price for most of my equity funds drop 1%+. It costs me 5k-6k lost in a day. 

I know unit trusts are meant for long term investment and is a risky asset( less risky than stock). But i got the times (since im a student) to do some researches. Im willing to follow the market condition daily too. If I follow my own decision, i could have avoid the big drop. Any comments, guys?

does anyone know where i can refer to for comparison between PM ut and PNB ASx in term of performance or anything?

i wanna ask that if i dun hv PB a/c, can i invest via PM online by transfering my Maybank deposit to my fund?

Some of the PNB funds performance are listed in http://www.trustnetoffshore.com/. You can also find most of the public mutual funds there. The  charts in trustnetoffshore are a bit different from pm website though as they show in cumulative performance while PM shows total return. If I'm not wrong, cumulative performance does not include the interest/dividend reinvested which is why their % is lower than total return.

Other banks use FPX processor.

Thanks. i'm looking at this site now. a bit complicated.
So, its mean that other than maybank, public bank & BSN, other bank also can? by FPX?

dear sifus,

i am a noob in investment. but I did buy PDSF since its commencement date and the returns are quite good ( 114% ). I did not sell during the downturn when it was around 77% increase as I was a noob or I wud hv gained more.
Now I want to invest again ( for my kid's education ), what funds shd I go for?
Since PDSF alredi go up so high, is it worth to invest in the same fund again?
What is Public Mutual Gold, is it investment in gold commodity?
thks..

Just out of curiosity.

I am considering of taking out portion of my EPF money to invest with Public Mutual (not sure what fund and what kind of risk yet) but I'm not much of a risk taker. About moderate.

Will Public Mutual return more interest than our KWSP interest rate?

What is the process?

I think what you agent is trying to tell you if you switch from equity to bond, and if the market go up, you will miss the opportunity and pay HIGHER prices for your equity.

For example, lest say equity fund RM1, bond Fund RM 1, and no counting of switching charge to make things simple. If you switch 10,000 units of Equity Fund, you get 10,000 units Bond Fund. Also lets assume the equity market goes up instead of down, in 6 months Equity fund is RM 1.1, Bond Fund is RM 1.05. You switch from bond to equity, you will get 10,000 x 1.05/1.10 = 9,545.45 units so you actually lose on the potential earnings.

But of course if the market down go down instead of up, then you avoid more losses. 

Instead of timing the market (which most people gets it wrong), maybe you would like to use asset allocation to automatically re balance your portfolio say every 6 months. This is a much simpler method, and avoid timing altogether.

P/S your agent will earn more trailer fees if you hold equity fund. Bond funds have very low fees for the agent. 

Just out of curiosity.

I am considering of taking out portion of my EPF money to invest with Public Mutual (not sure what fund and what kind of risk yet) but I'm not much of a risk taker. About moderate.

Will Public Mutual return more interest than our KWSP interest rate?

What is the process?