Haha. Say is easy la brother. Wait till you go to the real world market and see the responses first, then you will know.

If you got 1000 customer, each investing RM100 per month for with you, you are consider lucky shot already to be honest.

And 1000 customer at 100 each, monthly you will get around 3k+ la.. Hahaha.

If 10 client investing 100k each, that is one off.. One off salary does not give u a career..
Only if u got a fat and wide base of people investing with you in a consistent manner, then only you can consider it as a good career.. If not, stick to working first before going full time.

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Added on August 14, 2011, 4:20 pmThis kind of agent.. really hahaha.. Better let me Con+Insult then, you will feel better after that.

Lolz joking.

But if anyone wanna have me as agent, can PM me la.. I am active tracker on KLSE market and got other lubangs..


But to be frank.. If wanna say investing in UT and compare to listed REITs, I think some listed REITs can perform better..
But asking people to buy listed REITs, no commission.
Asking people to buy UT, got commission

But listed REIT can easily perform better than quite a lot of UT fund..

So confused. Hahaha..

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Added on August 14, 2011, 4:21 pmI just want to say.. Ouch!!
Pushing customer to buy cum dividend..

This post has been edited by Bonescythe: Aug 14 2011, 04:21 PM

Agent as broker ? Fund agent ?
Which REITs ?
What is UT ??

That agent is friend some more
So easy ask ppl buy with dividend, i also can do it. I can get the license if i want. Currently i thinking want to get investment link insurance or not. This kind of job hv part time one ?

Of course I know la. Depend on how good you are as a sales agent. Those working full-time can make it so 2.5% is nothing to laugh about, plus u still get annual 'career benefit' like wong said. I'm just saying that 2.5% is a very reasonable amount given to the agents lo. From the client POV, 5.5% is too much leh~ if PM increase the SC just to pay more to the agents then... .

Corrected.. haha.. Joking

Haha.. Public Mutual Fund lo...
Hahaha

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Added on August 14, 2011, 5:00 pmCan is can de. Got to work really very very hard hard hard in the first few year.
No joke, super hard..

This post has been edited by Bonescythe: Aug 14 2011, 05:00 PM

Fund Manager Affin or else ?

Public hving so many mutual fund

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Added on August 14, 2011, 5:23 pmby the way, how to know the Fund with no dividend given from morningstar ? Some fund with detail yet some without =______=

This post has been edited by Dackson: Aug 14 2011, 05:23 PM

for PM,if any new fund lauch with dividedns policy incidental, no dividedns for 1st 1 or 2 yrs. but still depends on FM decision.

PCIF n PCSF no dividdns yet, want to try?

hmm... no idea how to evaluate it. The return much lower than real estate. yet, the NAV not really yummy ~ China is the next potential meat. China currently will go down trend ? India is the coming next. Indonesia also not bad ~

This post has been edited by Dackson: Aug 14 2011, 06:06 PM

My approach is more on fundamentals depending on region, sector, market conditions and objectives of the funds, and whatever my research tells me at the time. I don't have a single across-the-board formula.

That's the thing - I have seen papers that argue against DCA - that it's not necessarily better in long term performance than lump sum. And sure, those statistics are from PM. You can also get something else from PM, and other fund managers too for that matter - "Past performance of a fund is not an indication of its future performance". So what does that say about past statistics? Well, they do still have some value, but my point is it's limited because it's open to interpretation, and you need to keep it in context. So sorry, no high horses, just some down to earth realities.

At the moment, i invest 70% bonds 30% equity(public smallcap + DCA). Bonds holding are getting bigger as I invest my monthly saving in it. For now, i think KLCI is on high tide. Got room to grow, but you wont see 1700-1800 points any sooner. More rooms to go down i guess .

My personal strategy, basically im more like a conservative investor. Waiting for KLCI to drop until 1200points, then i will adjust my portfolio 40% bond 60% equity. Drop until 800points, 20% bond 80% equity. 200points, 100% equity.

If the market dont fall that much or very volatile, at least bond can generate money. My agent bloody hell one. Up until now he say 80-100% equity. Long term gain confirm gain money. I just nod..nod and nod. But no choice la for him, making living out of this.

I wonder how they pass the exam.. Code of conduct all wrong

Trust yourself, dont trust your agent, obviously he wants extra income by proposing 80-100% equity to u. KLCI is at its historical height last month. How could it be 100% equity. My portfolio is almost the same as you, i.e. 15% equity, and 85% Bond.

Managed to pump into PB Islamic Bond and Public Bond Fund b4 they are closed for subsription. These funds have generate 8-9% p.a. return since i put my money in, cant complain, as it generate better income than ASW2020/ ASM.

what is the alpha, beta and R-square at modern statistic ?
beta is the risk ??

you will get the answer if u google it.
I remember another forumer, Xuzen already explained it b4.

huh ? when Xuzen already explained it ?

yes he did months ago, i just try to explain to you using my own words and with my very limited knowledge.

alpha - is the difference between the rate of return of the invested fund/assets minus the return of the risk free vehichle, the higher the alpha the better the invested fund performs.

beta - is a systematic risk measurement. The market (say KLCI) beta is at 1, if the beta of an asset or fund is 0, means it is not move together with the market movement at all. if it is closer to 1, means they move in the same direction with the market. beta of > 1, means the fund move much more than market movement. Low beta means the funds are less volatile. Usually bond fund has lower beta than equity fund. For individual stocks, lower beta stocks are less risky than the high beta stocks. Maxis has lower beta than Telekom, so it tells you the risk of both stocks that in the same industry.

R square (or standard deviation) measure the volatility of the stock and also the risk. R square not only cover the systematic risk, it is also include the unsystematic risk.

True true - no 1 size fits all. Bro, I'm not against DCA or lump sum per se if U read my postings as I posted - perhaps I could have been clearer .
I just stated that:
1. DCA better than lump sum in terms of exposure and diversification via time.
2. VCA better than DCA in terms of risk exposure while returns are comparable or better.
3. Lump sum beats all in returns if market is going up and up.
4. DCA beats VCA in returns if market is going up & up.
5. VCA beats both when market goes up & down in terms of returns for $ at risk.
6. Thus, personally, other than fundamentals & asset allocation, until there is an effective crystal ball built, VCA seems to be the best approach generally when coupled with personal risk appetite, Asset Allocations & goals.

BTW, haven't U noticed that markets may not agree with fundamentals for quite a long time? Thus my search for something to use together with fundamentals.

Of course lar past performance / statistics isn't a sure indicator but like I posted earlier, if a stock or fund has performed well over a 10yr period vs another similar one which has bad 10yr, all else being equal, which would U rideif U must choose 1?

This post has been edited by wongmunkeong: Aug 15 2011, 02:17 PM

You mean you bought PBIB and PBF when they were launched on 2001 and 1996 respectively?
From my calculation based on the data obtained from PM, the annualized returns of:
PBIF (10 years, total return of 88%) is 6.3% and
PBF (15 years, total returns of 251%) is 7.9%

Can somebody verify if my calculation is correct.

I bought them 2 years ago, PBIBF do nit have 10 years history, I do not know how u get the number?

I got the numbers from PM own website, there are two islamic bond funds namely PIBF and PBIBF.

The one that you bought is probably PBIBF which was launched in 2006 and its performance:
Annualized return for PBIBF (5/4/2006 to 12/8/2011 , total returns 42%) is 6.77% but then your return is higher because you bought it on a good year, 2009 ( a year where equities gives a good double digits returns)

I have just got the numbers for ASW2020 and ASM and their peformance is quite good until lately.

Annualized return for ASW2020 (14 years , total returns 179%) is 8.2% and

Annualized return for ASM (11 years , total returns 108%) is 6.89%

This post has been edited by MGM: Aug 15 2011, 03:17 PM

If u take the last 3 years performance of asw2020, pbibf, pbf, annualised the performance u will get different number.

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Added on August 15, 2011, 3:24 pmFor comparison u must use the same time frame, can't use the fund inception date. Asw and pbibf have diff inception date. Bond fund usually do not perform on the 1st year of launching

This post has been edited by cheahcw2003: Aug 15 2011, 03:24 PM