That's why I say "Direct Commission" ma..

No wonder that day in the end of discussion, my agent asked me if i would consider to be a unit trust consultant or not lah, benefits so good...
By the way, i thought RM100 per month is an easy investment to go? You mean not many investors are investing RM100? Then why are they investing?

1st one more feasible.. No fast way get rich la, come on.. 3 year and can have residue 3k, where to find?
And mind you, you think ask people to pay 100 monthly is easy? haha. Think again when u do it.. Lots of reason when u do it.. Hahaha.

But it is more up to, who you met, your circles of friends. If you are doing public mutual in rural kampung, expect worst la.. Hahhaa

Really depends on market.. 3-4 years, really dunno what will happen.

The latest 2 year performance for PCSF is as following

2009 (All figures in RM'000)

Net Investment loss - (433,643)
Net loss after taxation - (342,435)

2010

Net Investment Income - 159,687
Net loss after taxation - (8,856)

So, what will be 2011? What will be 2014 as well?

I say trust is very important here.
No trust no talk.. Money also lesser.. But trust does not come instantly.. When customer profile building up, show them.. If they are satisfied, they will automatically beg for more, and let them invest.. Begging you to subscribe more unit for them.. Lolz..

Products speaks loudest here.. So, fund manager very important.. PB Mutual.. Ok lar.. Reputable for their services so far, but.. some still sarks

ACtually, by investing RM100 per month consistently will really see result or not?

I say trust is very important here.
No trust no talk.. Money also lesser.. But trust does not come instantly.. When customer profile building up, show them.. If they are satisfied, they will automatically beg for more, and let them invest.. Begging you to subscribe more unit for them.. Lolz..

Products speaks loudest here.. So, fund manager very important.. PB Mutual.. Ok lar.. Reputable for their services so far, but.. some still sarks

Ah hahaha.. Who knows what happen next? Client become wife already? Lolz
Joking..
This investment thread.. Not find wife thru investment..

2 senior investors talking, junior like me diam diam   

Lately quite a bad time for me. Psmallcap make me lost around 20k  since it reopens   Hope can rebound 

It reopens last month 18th april. Previously holding the other funds like PRSF, PEF, PGF, PSF, Pittikal. My mum one actually. Just that she ask me to study those investments thing. Those 5 funds, some of them doesnt really perform well especially Pittikal in the recent years. We invest in PM since 10years ago, some 5-6 years. PRSF return is good for past 10 years.

So last month, smallcap reopens. We cash out around 480k and buy smallcap. This is because we are not allowed to switch in to this fund. Only can switch out. Then we got no choice except to sell and buy back with 4% charge instead of 5.5%. But we didnt sell PEF. Since the fund reopen, the performance is -4.xx% something. No choice except to close one eye and hoping it will rebound properly from now on 

That's what my agent told me, he asked me how much i can save every month, I say RM1500, then he asked me to invest RM1500 every month, asked me to invest 1 big lump sum of RM30K. He is agency manager some more...

How come i find so hard also can't get one to be honest to me??? I want an honest one, HONEST...why is it so hard? 

I don't think I want to stick to the UT consultant any more. Sigh...
He asked me invest RM1500 per month, then buta-buta gets 2.5% commission from me, not looking after my fund, guarantee me to earn profits after 10 years, like this i also can be my own consultant liao lah...
Sad sad sad...

3% gone  . Not come back with cash, just cheque. I think it is not a gamble eh. I keep update with the market quite often. As you can see, the fund is top fund under mid cap equity in Malaysia. And it delivers consistent return too. Probably will be holding the fund for 3-10 years. 50% equity 40% bond 10% Fixed income for me. Dont dare 100% equity 

Speaking about guts, you should try swiftlet farming. Super high risks, duper high return 

Wah, that is painful. But also to be honest, losing 20k consider still ok already if compared to those directly in stock market.

In May - April this year, market lau sai so hard. KLCI falling like nobody business at these period, until reaching low of 1474 resistance support. Well, this support touched 2 times during this downturn market.

I myself is in share market as well. Those days are basically everyday having "periods". 800-900 counter down in 1 day. Counters going up only less than 50.

So when PSmallCap reopen, it already took a heavy burn in the pocket from all the panic selling in the stock market. That is why the performance went so terrible down, since SmallCap is investing on those counter will small market capitalization. Which means, this type of counter with small market capital will not be very liquid, and will come down like torrential rain fall during downturn season.

But recently, investor should be coming back and bringing back the bulls to the share market. HwangDBS maintained an overweight for Malaysia investment prospectus. KLCI back on track at above 1550, and it should be a good time to invest now. Forecasted KLCI go on to 1620 this year, which will definitely give a good pulling effect on overall good growth stocks.

Maybe I can advise you that in the future, don't dump 480k at one time. You would not know what kind of market is it at that moment. People say diversify, it is not on diversifying on products only, but you can diversify through different entry timing.

If you enter later a bit, i guess you should be able to see some good profits now.

Where you posted the stats? Can guide me to the thread?

Maybe i'm not suitable in investment, all consultant i met only know how to make me invest more, brokers also like that, client ask to sell but never know the price can go higher, the broker never consult also, just sell for the client.

Now i want to get an honest UT consultant, also like that... I treat you honest, you also treat me honest mar...

Sick lah...

But according to debbie, the consultant is like "Kam sau", want her to put all her leftovers for the month in mutual fund. Like this is "kam sau" style already, and not putting some of the monthly salary.

Firstly, I have already finished reading Public Mutual V1 and V2. I have downloaded report from public mutual website for all the funds they have.

Secondly, how am I know if I am misinformed when I am new to mutual fund? As long as he is an angency manager whatever he tells me I will absorb. If an agency manager would tell the different thing than the mutual fund actually is, do you think I could know? Who is going to tell me then?

Thirdly, yes, he didn't force me, but he was telling me 'I just want to help you to reach what you want, either you want to follow your friend's opinions or you follow my opinions, you choose. I have 3 million assets, big customers, all my customers trust me, they only give me a call and ask me what to buy, then immediately give me lump sum of 100K to buy, because they trust me. Some customers even bank in their money into my personal account.' I can't exactly remember word by word that he told me but his meaning is exactly what i have mentioned here. Would you feel 'forced' to invest if you are fresh in mutual fund?

Forthly, I have surveyed in both versions of public mutual here, I even jod down each and every good performing funds such as small cap etc but some funds are already closed. My fault?

Lastly, yes, I can't blame him, it's my choice to invest. But I would blame him if as an agency manager, he never fully inform the details of a fund and just ask me to invest. I have the right to blame him if he never fully do his job.

Firstly, I did tell him I would like to know more about Public Bond Fund, the firs thing he told me is do NOT invest in bond fund as it yielding speed is very low, more suitable to old people. If I invest in Bond Fund, I can't get enough money for retirement.

He said no need to switch. After market down, it will eventually rise up, it won't forever down. Just as when market down, you buy more units; market up, you buy less units. This is the theory he told me.

Kinda agreed.. Like "kam sau" already.. Hahaha

Bond fund is good. If investor appetite is no balls made of steel, Bond Fund is good as it is conservative, and focus on good sovereign bonds.

Which Agency Manager is that? Need to dig out and see see first. Hahaha. So "kam sau" one.

This agency manager got his own Public Mutual office in Cheras one... He is CFA cirtified.

Mr. Lee XX.

Ok lah. That's all I can disclose, spare his life for future. Forumers can take note of this agency manager.

Maybe he knows i am not rich so don't bother to explain so much for me. Anyway....

Those who bought China Select Fund during the offer period still haven't recoup their initial capital

Alamak, I just bought China ASEAN Equity Trust Fund last month!!!!

Wah, you have a good memory! Yes, PCSF was introduced in 2007.

I nearly become one of those victims myself. Luckily, pulled out in the last minute.

But a few of my friends falled to the "guaranteed % return" & "ride with the China force" traps.

That's a very expensive lesson

Psst, wong...are you one of the mangsa?