25%

It's for mutual fund, it's need to service charge at 5.5% during purchase and 5.5% during sold ?

oh~ then reduce my panic ... scared me, total 11% charge 
I want to ask, how a fund calculate the non taxable income ? bcoz even the the unit price drop but it still hv income to buy the unit. end up it may reduce lose on it ... so far i calculated .. all the fund losing money. How come they said grantee didnt burn the basic money invested ?

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Added on August 14, 2011, 12:35 ambase on the purchase transaction, why said the fund min need RM1k to purchase ? purchase 1k fund, then should add 1k + charge to make 1k fund purchase, so total is ~ RM947 used to buy the fund ...

If only you have one client investing $1000 .
Well, with 10 clients investing $100k each, 2.5% - RM25K agent commision is alot.

Maybe those with sole career as UTC can enlighten us on how they make a living out of it. I believe it has got to do with ones ability to bring in more clients. Also correct me if i'm wrong, I heard that the annual management fees include an amount payable to the agents as well.

True if the agent adds value.

If the agent is nearly as blur as the customer OR worse, only worried about his/her own commission, then buta buta customer "straight away" lose 5.5% lor. Makes it harder to win when one's ammo is cut down right at the beginning, even for getting into the battle

Note that either most sales agents just put their customers on auto-cruise (monthly Direct Debit Instruction / Standing Instruction) and the 5.5% (ok lar, realistically 2.75% only flows to sales agent) keeps draining along. Lama lama jadi bukit heheh 
OR
con-sulted the customer to go in lump sum, sure win-wan, to "lock-in their commission one shot"

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Added on August 14, 2011, 6:40 am

Yup - PM agents get something called "career benefits" (other fund houses calls it differently),
ALL THE LOADED UNITS held by the agent's customers * 0.2% per year (moving average 12 months i think)
/12mths
is paid out monthly. KParam - calculations correct ar?

This amount can be like $3K to $10K or even above - depending on how well their customers trust the agent and holds on with the agent VS moving on to other agents/fund houses.

Now, this "career benefits", IMHO, should be the aim of real agents/consultant as:
when the customer wins (ie. satisfied),
then they stay with that agent AND grows their wealth (loaded units held),
then the agent wins.
Win-Win situation

I dnt think the client help much ...
Ask to buy fixed income fund, this fund keep forming a circle one. How to make money from this fund ? Look like he wanna ensure you sold and buy back the fund constantly to generate fix income for him.
The agent get the commission yet didnt inform to sold the fund, even keep help u buy it when the fund keep dropping =___=
Some more ask my mum to buy it early and said dividend coming. End up by mum buy at the top price, the dividend not enough to cover lose. buy at 0.86xx now it raise back to from previous bottom 0.7980xx ~.~

For them to get 10k a month is easy ! Their main target is those who dnt know it ~

Does all the benefit (except sales charge) for agent come from Management Fees ?
I don't see they stated that in yearly or interim report.

I don't really care of agent benefit unless, if PM reduce the agent benefit, reduce the management fee and we as investor will get a better profit. 

not I want to purchase that fund one. Is my parent purchase one. I said dnt want end up they still buy it.
After i calculate few of the fund, it only earn 4.7% after deduct from the SC (1 year ald =___=). This 4.7% is luckily the NAV increase if not eat the sand   I believe i keep it at good dividend share. Keep at EPF better or Prudential (my friend said > EPF).
I hvnt calculate out my sister monthly invested high risk fund gross, I think that one hungus ald ...

Any fund nice for recommend ? Alot hungus fund, it's time to buy it and keep ^.^
Today is the 2nd day i know how the fund work. 
I'm thinking of new and potential fund, Indonesia fund, Equity fund. I saw that Public fund some how related to their public quarter result and interim dividend, which majority fund price down after quarter report =_______=

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Added on August 14, 2011, 12:53 pm
is there any way that dnt want agent recommend ? Then should reduce agent commission ? Few year later SC may be can reduce to 4% ?
That agent just fill up the form and bla bla ~ if real one, will bring out financial calculator to calculate possible return during uptrend and downtrend.

Fund Manager    Affin or else ?

Public hving so many mutual fund 

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Added on August 14, 2011, 5:23 pmby the way, how to know the Fund with no dividend given from morningstar ? Some fund with detail yet some without =______=

is the Public Far-East Telco & Infrastructure Fund (PFETIF) still a viable fund to invest in?

I got the numbers from PM own website, there are two islamic bond funds namely  PIBF and PBIBF.

The one that you bought is probably PBIBF which was launched in 2006 and its performance:
Annualized return for PBIBF (5/4/2006 to 12/8/2011 , total returns 42%)  is 6.77% but then your return is higher because you bought it on a good year, 2009 ( a year where equities gives a good double digits returns)

I have just got the numbers for ASW2020 and ASM and their peformance is quite good until lately.

Annualized return for ASW2020 (14 years , total returns 179%)  is 8.2% and

Annualized return for ASM (11 years , total returns 108%)  is 6.89%

Updated announcement in the PM website ..

Funds not open for investment:
want to invest in PISSSF and PIOF ...

But wait till market shares more stable ...
I'm worried cos of US debt crisis instability, the prize of unit trust going to drop further ... like what happen last week .. 

My agent said that PSMALLCAP will declare distribution end of this month. Anybody can verify this?

Thank you.

Hi, I am new to this forum.  I am an investor of Public funds.  Recently, public imposed high switching fees, 0.75% to all monies switched in less than 90 days. This is a killing step to my profit taking moves.  I am going to sell all my monies in Public.  What do you think?

hahaha ... Korrect3 ...like what VK Lingam said ...   ...
let wait till next week ... how it goes ....

sometimes it difficult to decide .. it your hard earn money ... you would need to ensure that you invest in a profit-able unit trust ...
rather than dumping your money without proper plan ...
and end up ... you are actually 'saving pennies but losing dollars' instead ...

Hi all,

Just wanna ask whether the public mutual branches are opened during Saturday?

Hi all,

Just wanna ask whether the public mutual branches are opened during Saturday?

Actually, I read from the site that they opened on Saturday, just that the dates are extremely confusing...

http://www.publicmutual.com.my/LinkClick.a...TM%3d&tabid=106

hi, anyone knows when the exam briefing gonna held in KL this september?

hi, anyone knows when the exam briefing gonna held in KL this september?

hie guys,

i've no knowledge bout UT but signed up for it. My UT consultant dumped my funds into PISEF. Any comments about PISEF? or anyone can recommend any good funds?