I also have one China fund with me and it holds 34% of my total UT investment.

Hi guys!

I am new to Unit Trust here. I just recently passed my FIMM (formerly FMUTM) exam on 18th of March.

Hoping to get an agent code soon and learn as much from all the guru's here

babyphie,

As what gark has pointed out, you bought in with the crowd in 2007 (when market was peaking and during the burst of the crisis). Therefore, you are still seeing red with your fund. Now, you can either sell at a loss to buy another potential fund, or keep the fund until China's economy recovers. We will never know for sure, but we could expect China to repeat their growth story soon.

sharpman,

Congratulations and welcome aboard. Wish you luck in promoting our funds.

Thanks Jordy

looking forward towards promoting and educating the mass about ways to achieve financial freedom by way of UT

I do not trust the capability of Public Mutual fund managers when it comes to investing in the China market. Other markets, they still do well

Heh David83, looks like you are going for the high risk high gain method eh? China although have very good potential is always a very volatile fund. hence i have delegated it to my non-core holdings, I used to hold 10% but have cut down steadily over the last couple of months. Hope the year of the tiger don't bring any 'bitterness' or 'hardships'. On second taught, my funds are quite risky as well with 30% in asia ex japan.

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Added on March 28, 2010, 9:36 pmRight, my PM funds are all Malaysia funds, for my china funds, I trust the 'Chinese' to manage it. (oops HK Chinese instead... )

This post has been edited by gark: Mar 28 2010, 09:38 PM

Those are the result from switching in and average down. Wrong choice made that time causing my average unit price is still high at 0.2481

Here're my UT breakdown with PM:

PCSF: 34%
PAIF: 25%
PSEASF: 23%
PFES: 18%

@David83
I think most probably PFES in your list will be green for the moment...

It always GREEN no matter how since my average is pretty low at 0.21xx

Average down is a dangerous game, in 2008, took me nerves of steel to double down each time the price falls by 10%. Made some mistakes catching some falling daggers, but in the end it's still worth it cause 40% of the bets worked, which let me recover the losses by July 2009, whew.

This post has been edited by gark: Mar 28 2010, 11:05 PM

Now PCSF is my big headache. I'm quite hesitate to average down further now.

This post has been edited by David83: Mar 28 2010, 11:07 PM

I am now gradually switching my equity holdings to bond, to lock in some gains on good market times... not so sure about 2010...

@gark
Wait for tomorrow

tq for ur advice. still 'green' in UT

New fund from PB series: PB China Australia Equity Fund

Details: http://www.publicmutual.com.my/page.aspx?name=pbcauef

After Public Mutual finish selling the PB China Australia Equity Fund to investor.
China Australia stock markets will crash, retail investors timing is always perfect.

Unit trust investments are for long term.

got 10k epf to invest into PM. which new fund has the most potential now. i prefer agressive fund. would appreciate any advice. my UT agen a bit blur blur

For aggressive fund, Public Index (PIX).

For moderate aggressive, Public Islam Equity (PIEF).

There are some other good funds, but I don't know why for Public Mutual disallow so many funds when one is investing using EPF money.

Xuzen

probably the restriction coming from the EPF itself, to safeguard our funds.

my last year fund PIOGF yield 35%

good timing = manyak syiok

huhu

Xuzen,

It is indeed the restrictions by EPF itself that EPF funds can only be invested in local funds.