Hey guys, thanks for all the comments! Please keep them coming!

As to further encourage Malaysian to embrace themselves for retirement, the EPF department introduce "Beyond Savings" program which enables EPF members to optimise their growth rate of their savings in ACCOUNT 1 (the larger portion of the 2 accounts) with Public Mutual. The promotion includes the ATTRACTIVE reduction in servicing fee from 5.50% to 3.00%!

For those who wish to know whether they are eligible to do so, you are welcome to email me at danielle.hu@hotmail.com

Thank you and kind regards,

Danielle Hu
Unit Trust Consultant
Public Mutual Berhad
Million Dollar Producer, 2010
22nd NSC Trip Qualifier, 2010

This post has been edited by daniellehu: Mar 31 2011, 04:16 PM

I just invested public mutual fund for my EPF since last week, the promotion you mentioned did i get it?

If my fund gain profit, will it show in my kwsp.gov.my epf account?

Hi,

Congratulations upon investing with Public Mutual!! The answer is YES and NO.

Yes, the promotional service charge of 3.00% will be extended to you and no it wil not be shown in your EPF account as money has been transfered out from EPF Account 1 to Public Mutual.

If you have purchase it from Public Bank, automatically you have forfeited your right to services extended by Unit Trust Consultant. FYI, there is no difference in Service Charge when one purchases unit trust from Public Bank or any Unit Trust Consultant.

As a Full Timed Unit Trust Consultant myself, I rendered after sales services by updating investors on their investment progress in every 3 mths intervals.

For more information pertaining to Unit Trust Consultant Service previlleges, kindly email me at danielle.hu@hotmail.com

Thank you and kind regards,

Danielle Hu
Unit Trust Consultant
Public Mutual Berhad
Million Dollar Producer, 2010
22nd NSC Trip Qualifier, 2010

This post has been edited by daniellehu: Mar 31 2011, 05:54 PM

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 25 March 2010 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.

PB small cap VS ICAP which win?

Take last 5yr as comparison

haven been following UT for sometime.

Which funds are worthwhile to invest now?

PUBLIC MUTUAL DECLARES DISTRIBUTION FYE 31st March 2011

Gross distribution:
1) Public Aggressive Growth Fund ~ 9.00sen/unit
2) Public Regular Savings Fund ~ 5.00 sen/unit

Here's the official link for that distribution announcement:

http://www.publicmutual.com.my/LinkClick.a...dJY%3d&tabid=87

By the way, they revamped their website. Nicer and more attractive look.

Can anyone explain the gross distribution mention.

What I understand from above statement is PAGF giveout 9 cent dividen for each unit which will make PAGF NAV reduce 9 cent.
Now I'm not sure if the higher the distribution, the better the UT is

According to lipper



http://www.lipperleaders.com/Result.aspx

Hi i'm newbie's here.

yea, i would like to find out on tis too. Would de distribution relly affect much on de NAV of a fund?? But if it does, is it a good or bad for an investor?? as I'm treatin it as a good sign. Let me know if i'm wrong. D reason i say is good is bcoz investing in unit trust is all about accumulating units. So when the NAV price goes down, its actually gives us more opportunities to buy low now & sell high at later stage. Not jux tat, v can even gain more on de distribution in future as well.

hi guys.

im quite new in this unit trust field. i just like the business type and i would like to gain extra knowledge about investing stuffs.

but im from CWA. is it okay for me to sit here to share and to ask questions regarding unit trust?

although we came from different company, but i think our nature of business is the same - to provide service to clients regarding unit trust.

if u guys feel uneasy, i'll back off. just want to ask and sharing question anyway..

Bad for investor. Distribution of funds merely hands your money from the right pocket to the left with some of it taken by government as tax. It will be better if UT do not have distribution, if you want dividend, just sell some of the excess units yourself. Distribution of dividends in UT have no meaningful contribution to the holders other than looking 'good' to the public accustomed to fixed priced distribution like ASB funds and also those less well versed in investment.

So in conclusion dividends in UT is useless, designed to deceive the public and cost you money in taxes.

i need to know deeply bout public mutual. huhu, anyone?

I　can't view the PUBLIC MUTUAL FUND PRICE lo yesterday , & even today...

any problem encountered by u guys ?

as I thought,
the one that need to be monitor is NAV.

The other nuisance with distributions is you cannot just monitor the NAV - because it drops after distribution. So if you just monitor the NAV, it looks like you have made a loss.

So you need to monitor NAV * Units, which is the total RM Value. Public Mutual is actually quite good because it provides charts and PM Online which provides the relevant info.

But many other Fund Managers are a nightmare because when you see a large drop, you don't know whether it's due to distributions, or the fund actually made a big loss.

I would welcome any contribution and comment pertaining to the unit trust scheme. If you are suspicious of any investment scheme that is deceiving the public, kindly report it to Security Commission at 03 6204 8000. If not, please keep your own thoughts to yourself. Accusation will only do more harms than goods.

Do your part to report it to the proper authority.

Any form of income would be subject to tax..

You are very wrong, capital gains in Malaysia is tax free, but dividend are taxed. If you sell the unit trust you do not need to pay tax, but if it is declared as dividend then it is taxed. Except for ASNB dividends which is also tax free.

In Singapore capital gains and dividend is also tax free.

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Added on April 2, 2011, 2:42 pmThere are many investment out there which are deceiving, but they they do it in a legal way of wording it, complaining to SC will not yield results. For example FD campaigns promoting 2.88%, 3.88% and 4.88% interest rate, but it is actually for one month only. The advert don't tell you, until you go to the details and sign the agreement, when you re-calcuate you find there is a minor difference only. Or certain savings insurance which advertise 12% cash back, then if you actually calculate it over the years, you get less than FD. It is the same with the UT industry, only it is hidden in the financial report. If you can't/won't/don't read the financial details and do your due dilligence you will be 'decieved'. These products do prey on those who have low financial knowledge.

FYI i am not trying to diss PM, I am holding quite a large sum in PM funds as well (six figures worth), but investors need to be educated lest they fall to marketing gimmicks and tricks. All these applies to most of the UT sold in Malaysia

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Added on April 2, 2011, 2:48 pmYes, the distribution need to be accounted and not only the NAV. Basically I have all of the info in excel, so each time after distribution and reinvestment I have to go and update the holdings. Waste of time....

Be careful when using the PM charts as I have found out, they are based on NAV to NAV charts and not on Bid to NAV charts. So the initial 5.5% you pay is not reflected in the charts and over time the 5.5% fees will be compounded and show a big difference. Anyway i do occasionally use them for quick info but the results in my excel sheet shows the actual value.

This post has been edited by gark: Apr 2 2011, 02:53 PM