Go to MPH/Popular, find the book 'Random Walk down Wall Street', read, and then understand. You will find the answer.

Public Small Cap Fund open again, is it manage by the same fund manager? Is it the suitable time to invest now?

There is risk with any sort of investment, but it is reliable as the funds are professionally managed by fund managers.

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CAGR of 5%++ is way low which could only on par or even worse than EPF return!? For equities, you should aim for more than 8% to 9% to beat the benchmark KLCI index, otherwise you are getting low risk adjusted return which means it not worth the risk taking to get such a low return.

I would recommend this fund for those who does not have it, but start small e.g. RM1000. By looking at the current economy, DCA is the answer.

5% is a safe rate of quoting CAGR, but top performing funds in Public Mutual are around the range of 10~15% CAGR

Do not turn away to just mention about the top performing funds in Public Mutual by covering the fact that it does consist of inferior funds. Since Public Mutual has alot of funds, it could have few well performed funds, but after adding all those average or underpeformed funds, it could just achieve as what you mentioned a 5% CAGR only (in Global Investment Performance Standard, we called it as a composite return).

Please be more objective when talking about the fund returns of a fund management company instead of doing marketing pitch by highlighting only the top performance funds.

This post has been edited by kinwing: Apr 17 2011, 01:04 PM

5%+15% = 20%....average 10%...
they're being careful...
with EPF you get 5% but that's it...
funds like these...it could go up and down...
but 5% is historically its lowest so far....

There are indeed underperforming funds, but most of them are newly launched funds which are not able to perform now, but that doesn't strike out the possibility of them performing in the near future. A good example for this scenario is Public SmallCap Fund.

And by the way, the first thing investors usually ask will be which are the performing funds, and as an unit trust consultant, my job is to highlight those top performing funds to them.

As Public SmallCap Fund is reopen again, is open until when or target collected amount of fund? Is it eligible for EPF investment?

With due respect, your are salesman to highlight top performing funds only and not entitle to be called as 'consultant'. As a qualified consultant, you should guide the investors to evaluate their risk tolerance against the funds’ return. By only highlighting the top performance funds, then what’s the point to have other average or non-performing funds? Public Mutual should then close all other average or non-performing funds and leave the only most performing fund for the investors to choose.

This post has been edited by kinwing: Apr 18 2011, 11:40 AM

He is only giving an example. You have your point Mr. kinwing . You don't have to be so mean.

This post has been edited by Loonie2: Apr 18 2011, 12:52 PM

Guys, what is PB Fixed Income fund?

A fund which invest in Malaysian Medium Term A-AAA Corporate bonds.

Is it worth investing? Low-risk type right?

Depends on your risk factor. On long term average the yearly profits is about 6%-7%. But there are times which the fund dropped to 5%-10% loss. Your choice.

I would say lower risk than equity funds, but there is still risk unlike FD which have zero risk. One of the cheapest bond funds out there (in term of management fees).

This post has been edited by gark: Apr 18 2011, 06:05 PM

yeap low risk, consistent return. lipper 5 rating. same goes to PBOND, PIBOND, PBIBF (better performing bonds)

This post has been edited by kucingfight: Apr 18 2011, 06:04 PM

Is Public SmallCap officially re-open? How come no announcement yet - or did I missed anything?

I am not sure if they open officially or not. I was told by a forumer here & was confirmed later on by my agent. Are you an agent yourself? If yes u should receive email.