The next best bond fund in terms after the closure of PIBOND & PBOND is PSBF. I am saying this from the Sharpe Ratio point of view.

Xuzen.

Mind asking what is Sharpe Ratio?

Sharpe Ratio named after Prof William Sharpe (a Nobel laureate) is simply Rate of return divided by the Standard deviation of the fund over a specific period of time.

S = (Ri - Rf)/SD

where
Ri = Rate of return
Rf = Rate of return of a risk free rate asset class
SD = standard deviation of the fund over a time, t

Xuzen

can u also analyse the sharp ratio for PB Islamic Bond and share your findings as comparison of these 4 funds?

PB Islamic Bond ==> Mean Return 0.57% Standard Deviation* 2.68% Sharpe Ratio = 1.49
Public Islamic Bond ===> Mean Return 0.44% Standard Deviation* 3.79% Sharpe Ratio = 0.64
Public Select Bond ===>Mean Return 0.34% Standard Deviation* 1.52% Sharpe Ratio =0.85
Public Bond fund===>Mean Return 0.42% Standard Deviation* 2.77% Sharpe Ratio = 0.81

i got the above info/ data from morningstar.com

This post has been edited by cheahcw2003: Feb 19 2011, 12:52 AM

current stock market trend..useful info as it generally affects/correlates with equity unit trust funds.

click here to view the report

Sharpe ratio for past 3 year period for
i) PB Islamic Bond (PBIBF) = (7.24 - 2.86)/2.70 = 1.62
ii) Public Islamic Select Bond Fund (PISBF) = (4.67 - 2.86)/1.80 = 1.01

The higher the ratio the more risk adjusted better performing the fund.

So PBIBF is a good one that is still open for subscription. Kindly take a number and queue up at your nearest Public Bank to subscribe.

Xuzen

Public bond fund charge is 0.25% right? It is closed? Available for additional top up if my account for Public bond fund still active?

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 11 February 2011 for your information. Regards Customer Service e-mail proclaimer This e-mail and any attachment is intended for the addressee(s) only and may contain information that is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its contents is strictly prohibited. If you have received this email in error, please notify us immediately by return email or our hotline 036207 5000 and delete the document. This communication has not been transmitted via a private or secure link or in encrypted form and is therefore subject to the usual hazards of Internet communications, nor can it be guaranteed that this communication has not been the subject of unauthorised interception or modification.

Any idea, when the public bond fund to be re-opened again next ?

xuzen, thanks for your explaination, now i know i bot the right fund

Based on 2010 performance PBIBF is better on capital growth

PBIBF : 10,000 == 10,400 units

PISBF : 10,000 == 10,200 units

Both gives out 5sen cash distribution, the yield willdepends on what price you bought your units.

UT pricing drop these few days .....

ut prices fluctuation is normal, just recently people were panicking when the bursa index dropped below 1500.

Yea a lot of people lost confidence for the market at the moment. Bad news are more than good news. And i have already switched my fund to bond. Profit around 10-12% havent include 5.5% hefty charge. . My agent totally ridiculous. I told him to do the switching, he told me many people start to invest alot after prices fall few days ago. And say few more things to encourage me to hold.

this is normally...js like invest in market share...people will buy when the price drop...
n u need to know...u can get more unit when u invest v same amount.

eg: invest RM1k, after 5.5% = RM945.
1) 0.27, 3500 units, average cost 0.2857
2) 0.26, 3634.61 units, average cost 0.2751
and also, more unit to share ur 5.5% services charges...

Yeah it is normal people will buy when the price drop. And it is normal to sell when the price is high too. Anyone who invests a large volume at this like this will bear a higher risks, no? But in conclusion, we have to do some homeworks not just dump money inside UT

hehe...higher risk higher return...
of course not just simple dump in the money la, slowly...depend on the person la...
different people different view...but what can confirmed is everyone is trying to maximize their gain...
good decision, switch to bond 1st and lock the profit, then switch back at the lower price...but r u able switch back b4 the price move up?? mutual gold ya...

Dear Unitholder, We are pleased to attach the market wrap for the week ended 18 February 2011 for your information. Regards Customer Service e-mail proclaimer This e-mail and any attachment is intended for the addressee(s) only and may contain information that is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its contents is strictly prohibited. If you have received this email in error, please notify us immediately by return email or our hotline 036207 5000 and delete the document. This communication has not been transmitted via a private or secure link or in encrypted form and is therefore subject to the usual hazards of Internet communications, nor can it be guaranteed that this communication has not been the subject of unauthorised interception or modification

hi guys im new to investment (real, study book got la). I went to public bank and was looking for a retirement plan, then he showed me unit trust.

I asked for guaranteed rate of return like an endowment plan for my retirement, i'm looking for 7~8% compound interest,

Let me know if anyone knows Public bank offers such plan.

I understand unit trust nature as a high risk high return mechanism, but I'm a conservative investor. PM me if you have info. or post here.

My funds are not performing well lately..
Sigh