Dear forumers,

1. My I know if its possible to increase the amount of DDI (which currenctly had a DDI for RM100) for the fund that currently closed e.g. P ITTIKAL ?


2. What is minimum unit for switching and minimum balance of the fund after switching out? RM 1K or 1000 unit

This post has been edited by koinibler: Aug 11 2011, 10:06 PM

Hi guys.

I think I got a bit serious problem here.

Yesterday, my dad called me and asked for my address here in KL. He said want to post a form (form for shareholder, something like that) for me to sign, then post back to him asap. Before we ended our conversation, he told me "current markets are not good la son".

FYI, I have no idea what this PublicMutual investment is all about, how it works. None. So I'm a bit worried now.

Sorry for disturbing u guys. Just need someone to talk to regarding to this situation.

Wong Sifu,

I am new to using EPF A/C 1 to invest in unit trusts. Only started studying on how to use EPF for investing into PM funds. Mainly because of kiasi and kiasu attitude. People always say EPF is for old age.

I understand that there will be 3% charge for equity funds. What is the service charge if I invest into bond fund using EPF?

I like your idea of using bond fund as a "staging area" for DCA into equity funds.

Thanks in advance.

er.. I'm not Wong Seafood (Learner plate imprinted on forehead, how to be Seafood?) though i hope i can shed some light on your Q.

Bonds for PM cost 0.25% service charge no matter EPF ke, or Cash.

U must be in the systems development or engineering arena - calling it a "staging area"
Yup, U can use bonds as a staging area for DCA but it's more effective to use it as a staging area for VCA or TwinVest

This post has been edited by wongmunkeong: Aug 12 2011, 04:56 PM

Haha... Out of respect ma.. I read your blog and postings here. A lot of things that you shared here are very informative.

I am still blur with VCA or TwinVest concept. Need time to study it. What to do? Brain is not smart.

In military uses, a staging area is a place where troops or equipment in transit are assembled or processed
See my avatar

This post has been edited by milentechie: Aug 12 2011, 05:42 PM

FYI, EPF is also a good investment fund with a balanced asset allocation of equity, bonds and property. Since EPF has a mandate of providing its members with a minimum return of 2.50% pa, hence, a large portion of its fund is invested in both private bond and MGS, which yields a lower return than the rest of the assets.

If you intend to derive a better return from your savings in EPF, the next option is to move your savings from EPF to an equity fund. Otherwise, I do not see the point of paying a service fee of 0.25% by moving your fund from EPF (most of the fund is in bond) to a private bond fund.

From one bond to another bond? Furthermore, you will be charge again when you switch from the private bond fund to a private equity fund at FULL rate even via DCA. That would be a double charge.

maybe he want to top up on his investment,
you as a jointholder need to sign it too ...

p/s; but top up not need joint-holder to sign, might be repurchase

Or... judging from what his father said, he wants to withdraw all the fund immediately cos he thinks Wall Street is going to hit another bottom.

As some of the forumers here know, I had got a Unit Trust Consultant to open an account for PSF.

Do you think I can get another consultant to open a new account for another fund? Reason being I am not quite satisfy with my current consultant.

Yup U can. U can have N number of agents for one type of fund but it'll be different account number AND your new agent will not be able to access the data of your funds opened with OTHER agents.

Filter for my post in this thread / topic, i posted examples and details about early this month or late last month here Lazy fler to re-type again.

---

Added on August 12, 2011, 8:35 pmSir! Respect must be earned Sir! I'm still (and will always be) am a "L"earner, thus very very uncomfortable with seafood title .

Expectations management Sir, expectations management - i've encountered some folks thinking i can solve EVERYTHING when they themselves dont want to change their $ attitude/habits - scary lar

May your Palladium powered, Arc reactor, never run out of juice.

BTW, very simple lar the TwinVest & Value Cost Averaging - just google those 2 on Amazon, buy them books at Popular Bookstore (with Popular Card, during sales - CHEAP CHEAP ). My IQ is only lukewarm and not a brain surgeon / rocket scientist, if i can understand it & convert them into Excel sheets to use, anyone can

This post has been edited by wongmunkeong: Aug 12 2011, 08:45 PM

I'm newbie, i wanna ask how to see the mutual fund is good ?
currently I'm hving Eastern far consumer theme fund and PB fix deposit fund..
Pls enlighten me ~

Step 1. Learn how to compare investments, at the very least, returns per annum (the %pa U see in FDs, loans, etc.) or CAGR (Compound Annualized Growth Rate or something - google it).

2. Once U know, then U can compare your fund's CAGR vs other funds' CAGR - preferably of similar nature

3. Dont know what the heck or too lazy to do 1 & 2? Buy Personal Money magazine and see at the back pages whether your fund is more changgih than other funds in the 1yr, 3yrs and 5yrs performances + it's Lippers / Morningstar / Normandy rating.

Tadaa!

thx alot ^^
by the way, any nice fund recommended ? when the fund give dividend ?

Anyone knows
What is minimum unit for switching and minimum balance of the fund after switching out? RM 1K or 1000 unit

Sorry bro - i dont recommend funds buta. No perfect funds - only good enough funds, to be coupled to good enough entry & exit methodologies, to meet your personal investing needs/requirements

---

Added on August 12, 2011, 9:28 pm1K UNIT minimum SWITCHING needed, ie. when U switch to another fund, U MUST SWITCH >= 1,000 units.
Baka rule, really baka rule.

er.. or U mean must LEAVE balance of how much $ or units in the SWITCH FROM fund ar?



This post has been edited by wongmunkeong: Aug 12 2011, 09:31 PM

bcoz I'm doubt with the fund.
i saw the far-east consumer fund hving bad quarter yet still hv dividend given. but fix income fund no dividend yet the overall bid, return look better than far -east consumer ,,,
some more some with lower and higher expenses .. hmmm./ curious, it's really need to read into the full report of that fund ??

This post has been edited by Dackson: Aug 12 2011, 09:31 PM

Bro - search & read this thread & topic on "dividend".

For mutual funds, issuance of dividends are not really good for investors. I'm way too lazy to repeat what was posted by myself and many bros in this thread. Search and ye shall find

Focus on total returns - ie. total VALUE held vs total cost paid, not dividends.

thanks wong
i read in prosectus, its all mention in unit, but my agent stated 1k in RM equivalent.
Btw, switching small unit is a loss if distribution is less than switching fee.

I would like to know to the minimum balanced in transfer out fund, its also 1000 unit?
even for 25 cent NAV fund? That make the balanced of the fund RM 250 only, less than initial investment required!

And why you said its a 'baka' rules?

minimum is 1000 units for both(switching units & balance) if u dont want to fully switch out.

but the return only hv 1 year, 3 years and 5 years.
base on the chart, fix income fund not good at mid year, while far east consumer not good when market fall

ok. i go to look for the dividend ~