How to do switching? How much price if I switch from loaded fund to bond fund then back to loaded fund again?

Submit a switching form to nearest PM branch.

Or you can do it using Public Mutual Online.

You'll be charged RM 25 per switching from equity fund to bond fund. If you switch back from bond fund to equity fund, you'll be charged for another RM 25.

Is anyone investing in the new Public Mutual unit trust recently launched..the Public Islamic Asia Leaders Equity Fund? Is it good idea to invest in this? It's selling at RM0.25.

@audy
If I were you and would like to purchase PIALEF, I would wait. Why? Hint - these funds follow quite closely with stocks market.

I agreed with you since there's quite a major correction for the past two weeks.

which bond better?

Oh, what correction is that? I don't actually follow unit trust or stocks news.

Meaning that for the past two weeks, world stocks are in mainly in the sliding trend.

I just bought Public Ittikal Fund 10k. And the agent ask me to top up monthly but i reject her idea. Any differece? I can buy online if i wish to top up mpnthly.Is buying online thru Maybank, will i get charge by Maybank? Anyone try this before

I prefer to buy old fund coz more stable..

benefit to buy new fund is we can enjoy the cheaper initial charges at 5.25% where old fund charge 5.5%.

but the problem is, most new fund's unit price will drop after launch.
so, how should we choose?
to enjoy the 5.25% from new fund? or buy later at lower unit price but with 5.5% ?

I have that same question too. And, if we sign up now, the SI will also be based on 5.25% instead of 5.5%.

i agree with u, vandoren..Only 0.25% difference. New fund tend to drop. I bought PADF at 0.2478. I jus realise new fund enjoy 5.25%

sorry for being to noobish,my question is very basic, what is the different between pb series of funds and public series of funds? both are under pm isn't? what is the shortform stand for pb (public bank??) series of fund?

sorry just into this pm. reading alot currently. just graduated, with few hundreds left each month, how is it possible to join in. DCA?

thanks

ss_izal,

PB and PM series of funds are all under the management of Public Mutual. The difference in names is only reflecting the different sales channels used. Since you have just graduated and started working, you should really save up your emergency fund first before considering to start your investment.

what are the best choice for public mutual plan? PIOGF or Ittikal?

This post has been edited by farid_cool: Jan 30 2010, 09:36 AM

farid_cool,

You should first try and understand what is unit trust. There is no best choice of funds as different individuals will have different risk preferences.

jordy, i believe in start early and hopefully it will tandem with my emergency funds. is'nt that so?

ss_izal,

Start early by educating yourself first to gain some knowledge before committing to investing. Once you have done that, you won't be easily cheated by some unscrupulous consultants.

DCA=dollar cost averaging in the simplest form is just "invest now, invest often"

no one knows when is exactly the lowest price will be. dont wait wait wait then later go aiyah, i shld have bought it 3 mths ago. it doesnt work that way

You cannot time the market. so shd invest regularly, or when u think the price is right or fall within your target to buy.
I do not practice DCA, but i pratice invest regularly, i park my money in bond fund, when equity market drop drastically i will buy more equity, if equity go up a lot already i will park in bond instead. but i channel part of my income to bond fund regularly and monitor the fluctuation.