Any comments on psf(public savings fund) and pibond(public islamic bond) ?

invested since August 2008, around 1 year + now. Since making much more than my EPF (I used EPF to invest), so thinking to park at Public Bond fund, lower risk compare to these 2 funds. When the price keep going high, it will fall later but depends on share market coz share market is doing well, so thinking to quit first and wait until mkt drops again then go in again...Any suggestion?

Public Islamic Sector Select Fund which is now 0.2645 but dividend declared not that great.
Public Islamic Select Treasures Fund,now at 0.2903...price have risen sharply but no dividend declared so far.


I also using EPF to buy mutual fund and i did a a lot of switching,
claiming dividend so far on Public Index Fund at 5 cent/unit and Public Regular Saving Fund at 4.5 cent/unit

I intend to switch to Public Islamic Equity Fund and expect the dividend to be around 2 cent region expected end May.

Comparison:
Public Islamic Equity Fund now at 0.3271
Public Islamic Select Treasures Fund now at 0.2903

PIEF last year dividend declared is 1.75 cent/unit where PISTF no dividend yet.

i expected based on current market PIEF by end May might declared 2 cent region.
and maybe PISTF will declared it's first maiden dividend by end May also.

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Added on April 7, 2010, 8:44 amIf EPF investment,you can't park at Public Bond Fund.

IF parking for epf invesment,you can park
Public Select Bond Fund or Public Islamic Income Fund.


This post has been edited by MakNok: Apr 7 2010, 08:51 AM

ya I forgot EPF money have limited choices...looks like I shld wait for them to declare dividen thanks

after due diligence

Public savings
Public equity
Public far east select
Public small cap

are the most consistent and good return funds even in the downturn

1/3/5 gave 11 - 15%

some did good return in 1 yr horizon but you should drill into 3 yr becoz that tells you how good they were during the crisis.

Its the same...

But u just hv to do 1 more step of calculation to calculate the profit....

I heard we can apply Overdraft Facility Against our U.T Funds in Public Mutual in Public bank..is that true? is it good to use the OD facility? what is the interest like?

No, not an real overdraft facility, but more like a flexible loan with your U.T. funds as collateral. During the loan period, the funds are no longer yours, you cannot sell or switch. In case you fail to pay your monthly repayments, your U.T. will be sold against your will to pay your debts.

Anyway here is the plan.. called Uniflex Plan.

This post has been edited by gark: Apr 12 2010, 07:50 PM

Any Public Mutual agent here? Please PM me your contact. Interested in buying the latest hot fund in town...

Thanks!

im wondering, how can i check the NAV of the funds?

emm.. go to www.publicmutual.com.my and click on the big blue button with the label 'latest fund price'? Oh my... the spoon feeding..

sound like not good to me..cannot switch means cannot lock profit during market down

the od against ut details is at follows:

a) MOA is 80% of the UT value
b) Interest at BLR-1%
c) can aply to waive the commitment fee in case your OD facility is > RM250K, below 250K no commitement fee of 1%
c) stamp duty on the doucmentation is flat rate at 0.5% x total amount of your loan
d) apply, L/O out and OD released within 1 week time, PBB very efficient.

Note: i dont work for PBB or PMutual, just a customer that using the same facility.

means,
BLR 5.8-1 = 4.8%??

u r very confident u are not gonna switch your fund someday?

switching is allowed even u have pledged the unit trust to PBB. Just write in and attach with a switching form, submit it to the home branch for processing. The PBB officer then will process and fax to Public Mutual for their action. I have switched once in Feb, all done in the same day, PBB/PM are very efficient. Yes, the OD rate is 4.8%

good to hear that we can switch ...its very interestng with OD to top up with salary at month end and credit card to save interest.

yes u r right, with the 4.8% p.a, it is considered a cheap funding, u can use it to settle the credit card debt, or pay of other things, u can also use the money to invest in ASM/ASW2020 that pay > 4.8%, you can also use the money to reinvest in P.mutual....

you can also register online at https://www.publicmutualonline.com.my/. plus there is a contest organize by public mutual for every transaction done via online.

Is there any news of when is PSMALLCAP available for sell again?

Hmm.. Public Small Cap... anyone went to the AGM this month? Read the shareholders letter but couldn't be asked to go vote. The result?