The PB China ASEAN Equity Trust Fund for 3 years statistic is top 3. I think it is good for invest.

True to what Mois say. Why we care so much about the fund price of a fund. In a fund, the price is just an indication of a figure. It doesn't meant any value to the price. Why people just like to asking around and say "wowwwww, ittikal is so expensive, cost around 80cent++". Ridiculous right? What we care about is the performance. We bought our fund in NAV unlike stock market.

In stock, we care about the numbers aka the price because it is the price that we PAY for the unit/lot that we get! do you afford to get BAT? British America Tobbacco. The price is around plus minus 48 now... and heaven! if the fund price is 48... who cares.. we still can buy the rm48 fund/unit with rm1000.

CHeers mate~

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Added on June 11, 2011, 8:33 amAgree with you too. Me myself as an agent. I see and observe "kawan" beside me that do hard sales like this. What I think is like, they earn the commission but did they care about how their customer feel?? All agent sit for the same exam for the license and the exm is meant to help ppl in future planning. But they just think the other way round. their mindset before and after the exam is the same... the purpose of sitting for the CUTE is to make them look cute and doing sales that they dunno what the main purpose is and what stuck in their brain = $$$COMMISSION$$$

Feel so disappointed with all this kinda agent and thus in chinese we call it "puo huai shi chang" XD

This post has been edited by kuance: Jun 11 2011, 08:33 AM

not all consultant is good and give update to all thier client.. how about if they hav 400 clients... is it rationable for consultant giv update to all thier clients?

Dude, 400 clients or cows to be milked?
All i hear are excuses - if an agent has 400 cows, i mean clients, U'd think he can afford to hire help / assistants right? It is a business right?

This post has been edited by wongmunkeong: Jun 11 2011, 12:18 PM

Aiyah, my agent haven't even spoken to me for up teen years already. Only once a while send e-mail telling me got new fund. also maybe because he always ask me buy this and that, I don;t bite unless I did my due diligence.

That's why now buying all my funds from online discount funds distributor, cheaper and get same service.

The UT fund consultants days are pretty much numbered, look at US or Europe with the amount of no-load funds, unless can give 1st class service. Those ex-consultants have to move up the value chain to distribute hedge funds...

This post has been edited by gark: Jun 11 2011, 12:26 PM

Hello,

Would like to ask opinion / advice. For the distribution / dividend for mutual fund. Is it advisable to get pay out? Pay out means issuing the dividend cheque. And then bank in to own bank account. Or the other way round? Whereby to keep the distribution in fund?

Please advice ya..

Thanks...

Choose re-investment option, then your dividend will buy more units, and give it chance to compound. Take the payout only if you need the money.

This post has been edited by gark: Jun 11 2011, 01:12 PM

For me, the distribution is too tiny. I just choose to reinvest.

compared distribution with unit split which is more preferred ?

distribution is too tiny ... care to share how u quantify tiny.. ??

just curious, regarding agents..

previously i have a few funds under my agent(friend)..

can i buy new funds with another agent ? eg old funds old agent.. new funds that i buy with new agent..

so i like got 2 agent like that can ?

This post has been edited by JinXXX: Jun 11 2011, 03:01 PM

Yes U can.

eg. U have PAGF with Agent 1, PAGF a/c number 10001 + PAGF with Agent2 10002

When U switch to PBOND for both, you will be having 2 PBONDs, 1 with Agent1 say a/c 20001, 1 with Agent2 say a/c 20002.

and when U switch again back to Equity, A/C20001 goes back to A/C10001, and A/C20002 to A/C10002 (assuming U switch back to PAGF lar)


Now if U think the above is , factor in that EVEN if same fund + same agent and 1 via EPF, 1 via cash, U get 2 accounts as well!

This post has been edited by wongmunkeong: Jun 11 2011, 04:25 PM

Last time i checked (a long, long time ago, sometime in 2010), most PM's funds consist of Tenaga, CIMB & PBBank in its top 5 holdings.

Since we have no control in any buy & sell call in UT, wouldn't it be wise to just add those 3 (or either 1 ) into our own portfolio instead of putting money into UT that consist of rojak companies that we have no idea/confidence of? [putting aside diversification topic].

We get to go to the AGM, do not need to pay for the fees/charges & get to make our own buy/sell call...
What's your view pulak?

what the heck ? , then when i ask my agent to generate statement will it contain all my funds from agent 1 & 2 or

agent 1 generate only agent 1 and agent 2 generate only agent 2.. ??

HJebat, heheh - unsure whether most of PM's funds consist of those counters or not.

Sorry ar, my bad - when i mentioned "Fund's portfolio", i meant how the fund is going to be invested, eg. dividend stocks, index stocks, sector rotation, far east or China only, big / small caps, etc.

Yr idea sounds like "follow the leader" 'ala see how Buffet invest and just shadow the fellow right? That's an option heheh - i'd rather go with my own reasoning & logic though, for direct investments. At least i've my own "entry/exit plans", what i term as my biz plan, for each transaction or program, no one else to blame except myself (plus can learn)

FYI - i mostly use EPF a/c1 to do mutual funds (PAGF & PSSF).
For cash (only a small % of my total assets), i specifically go for PFES, PRSEC & PFEPRF - foreign and not country specific. Chicken lar

The rest of my cash is directly in stocks, REITs, bonds & properties ( like as if i have many properties pulak).

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Added on June 11, 2011, 4:50 pmEach Agent can "see" only your accounts serviced / leeched (depending on whether theyve yr best interest or moo moo) by them only, thus can print their own views only This is, i think, a matter of privacy for the customer where agent MYOB.

Go register for Public Mutual Online - U get a holistic / all in one view

This post has been edited by wongmunkeong: Jun 11 2011, 05:06 PM

yeah been saying that to myself for the pass 1/2 year.. damn lazy wan go pbank/pmutual office to register.. hahahahaha

i finish work they all close already..i go work they all not yet open.. sat/sun they no open.. sienzz

Bwhahaha - i understand your pain. I was cheesed off too when i PERSONALLY and PHYSICALLY had to go and do it. But once then, great access to data & info for the funds i have, sometimes even FASTER than the data the agents get leh. Think of it like EPF online a/c lor - do it once, and be done with it

A good consultant will give.
At least email notification of fund performance. Meet up personally half yearly basis..

Bro Bonescythe - me smells kam sau Agent lurking around giving "information" and also trying to "manage expectations" leh. A sane customer will always want some updates / information / advice from their Agent, rather justifying "kalau ada 400 clients, how to update".
Just a hunch

If i'm mistaken, my apologies for my lousy sense of smell & imagination yar

This post has been edited by wongmunkeong: Jun 11 2011, 08:08 PM

looks nice

is there any switching charges between PB fund?

what % of EPF money can be use for investment?

Fuh, so rich ah you!

Conquered almost everthing you can get your hands on. Why not include gold or silver? (strictly no pun intended )

I used to have that follow the leader mentality. But found out that it doesn't suit my style & strategy (what strategy?!). So, i prefer to invest directly in the market with the company that i feel i'm comfortable with.

I can understand (i think) the reason to invest in PFES, PRSEC & PFEPRF, but why PAGF & PSSF? If you have the knowledge & firepower to invest directly in the domestic stock market, what makes you put your money in those 2 funds? Aren't you paying more for UT because of the fees?