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?

my agent told me that P Ittikal will be closed for investment on 16 June?
Ask me to do standing instruction to keep money going in?

Any comment?

HJebat, i wish i am rich - perhaps richer than the church mouse but not by much

And no, i've NOT conquered almost everything i can get my hands on - conquered to me = able to teach and reason the stuff out to either my mum (70yrs old) or my girl (5 yrs old) If they cant understand, that means theres still "something not quite right" yet with my methodologies & reasonings.

Yup yup, playing strictly lemming (follow the leader) is, IMHO, offloading the responsibility to others instead of stepping up for oneself. If no responsibility, then mana boleh "make it better" & grow?


Gold & Silver
I was not early enough to learn the basics - interested in Gold & Silver, yes in 2008, learned enough during then no - thus, normal chicken-style, stayed out until i know more.

Now know a bit of basics, thus staying out as investing in currency / money equivalent and/or commodities DIRECTLY is not my cuppa yet.
BTW, i am investing in commodities via my "agent investment" at NAV, i find it fits a niche and for such a small amount, it's just a hedge


PAGF & PSSF via EPF reasoning:
PAGF
+ highly aggressive, thus a diversified approach better IMHO
+ smallcaps aint my forte in direct investments, thus leverage on PAGF
+ can hold up to 30% of foreign equities (PAGF was just "allowed" into the EPF scheme late last year or early this - i'm cant recall off-hand)

PSSF
+ sector rotation / sectoral , other than asset allocation, i've read somewhere (let me dig it up if U want to see see, like the value averaging thing), statistically makes a good return
+ again, this approach (sector rotation) is highly aggressive + i'm no expert in such an approach, thus diversified approach better IMHO

So far, my PER TRANSACTION gains from PSSF & PAGF outstrips PIX, thus i cut PIX and channeled the $ to PAGF

BTW, your mileage may vary - im using Value averaging (thus i want volatility) + im my own agent (kam sau to myself ) thus, my cost is lower + i have some stats that makes it personally attractive to me (due to my own donkey approach).


Bro / sis - if U think PIttikal is your cuppa, go for it. If U "was-was", then dont.
U do know how much U are making / losing up to now in %pa for your investment into PIttikal right? If U dont, pls go poke yr agent for the info. Remember, get the net profit/loss %pa or CAGR, not the donkey GROSS profit/loss.

This post has been edited by wongmunkeong: Jun 12 2011, 10:08 AM

Which online discount funds distributor are you using and what are the commision rates?


This post has been edited by MGM: Jun 12 2011, 08:59 AM

Can consider them actually.
Everything comes with a risk of course. But since economy should be going to peak in the end of the year, am expecting most of the local region Mutual Fund to perform as well.

anybody can introduce a broker for me as im interested in public mutual fund

don't think they're called broker, just agent.
for me, its better someone that you can meet face to face,
so someone near your location.

why public ittikal drop so much?

http://www.bloomberg.com/apps/quote?ticker=KLITTFI:MK

Lucky move half of my ittikal to AMB value trust

http://www.bloomberg.com/apps/quote?ticker=MAYVALT:MK

[quote=MNet,Jun 12 2011, 08:54 PM]
why public ittikal drop so much?

http://www.bloomberg.com/apps/quote?ticker=KLITTFI:MK

Because recently it just paid out the dividend .

Each time.. When fund declare dividend, after dividend, it will drop based on how much dividend is being declared.

Example.

PEF is at 50 cents per unit.
Declare 10% dividend, or 5 cents per unit. for FYE 2011.
So, after the "X" date, the PEF unit will be priced at 0.45

Public smallcap fund underperform lately. Smallcap indices rise, this fund falls. Sigh. So called the best fund under mid-cap category in malaysia.

All funds got it's seasonal luck, sometimes it under perform and sometimes it over perform. If you go chasing after the best performer, usually you will be disappointed with the performance due to simple reasons.

a. Since it is a 'hot' fund there will be many people dump money into the fund
b. Once the manager receive a lot of money, his hand is forced to invest, otherwise those money sit in deposit earn peanuts
c. The manager see nothing much of value, so have to buy something, anything.....
d. end up buying overpriced equity.. end up under perform or low performance
e. Other people see the fund not doing well, withdraw and goes to another 'hot' fund
f. And the cycle continues again... and again...

Never chase 'hot' funds, they will tend to underperform if a lot of people chase em. Best if good performance funds shut their doors and don't open them again.

Goldman Sach Inc had previously upgraded Malaysian market, as Malaysian market is being eyed as the next good upcoming growth nation in SEA.

So when FF come back to Malaysian market, things will be better.

This post has been edited by Bonescythe: Jun 13 2011, 02:02 PM

This fund already closed. If not chase after hot fund, we should look at what fund then? Normally i refer to lipperleader and morningstar. But got to agree this fund i think need at least 3 years to see the return. Buy peak during 2007 and break even early 2010. So holding power is important here

I think hot funds are much better than those new funds. Especially those with good record since 10 years ago.

This post has been edited by mois: Jun 13 2011, 02:01 PM