Public Mutual has very minimum exposure in US and Europe markets.

That is expected. Bond market usually performs opposite to equity market.

I just switched out from PCSF to PSMALLCAP!

My agent and his upline recommended to go into PAUEF and PNREF.

Purchase! No charge during sell.

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My agent said that PSMALLCAP will declare distribution end of this month. Anybody can verify this?

Thank you.

Usually I'll calculate the other way round.

Amount invested: I
NAV:
Buying price: NAV +5.5% = P

Unit bought: I/P

It's like double edged sword.

First edge is to view current economic circumstance as an opportunity since market has been corrected for nearly 20% for the past two weeks. This could be buy low, sell high if market to be rebounced in near term (few months from now).

The edge will be never catching a falling knife as outlook is pretty negative and there'll be a chance that market will be corrected further due to various global economic concerns.

Weigh your risk and decision appropriately.

There're other bond funds like PSBF and PISBF.

One should consider to switch to bond fund in order to lock the profit (capital gain most likely) when equity fund NAV is high. When equity price is sliding, switching into bond fund may not be a good idea especially when your equity fund is incurring losses.

When market is down mood, bond fund will perform better than equity fund. Take US treasuries and bonds as a very good example, everybody is rushing into those safe haven and risk aversion assets which drive the 10-year and 30-year yield into record low!

Bond fund will offer conservative return; at least higher than 12-month FD.

This post has been edited by David83: Aug 21 2011, 05:11 PM

Corrected. Down trend.

10-years and 30-years bond yield have been pushed to record low due to high demand from international investors:



URL: http://www.businessweek.com/news/2011-08-2...ng-economy.html

10-years US bond at 2.125% and 30-years bond at 3.75% as of last Friday.

Sorry for the typo and confusion!

This post has been edited by David83: Aug 21 2011, 05:17 PM

How it moves? Mind sharing your views?

Generally speaking, I thought bond moves inversely to equity. Correct me if I'm wrong.

Generally higher than your FD.

Gold has an unexceptional return but not sure if the momentum is there to go on. Current gold price is relatively high at 1852.20 USD per oz. It may or may not reach 2000 USD per oz! Nobody knows and it depends on the US and Europe economic and financial crisis.

As I said, we don't know the future direction of the gold. It may further appreciate and extensively depreciate if USD gets strong back.

Let's say if you buy now 1852.20 USD per oz, and if it declines to 1500 USD per oz by year end, will you still keep it?

Gold may appreciate further if QE3 comes and the current economic and financial messes become worse with double dip or recession coming.

Would you want to take a bet?

August 23:

US New Home Sales report
Richmond Fed Manufacturing Index
Redbook
US bond auction for 4-week, 52-week and 2-year

August 26:

US GDP report
Consumer Sentiment
Bernanke speech

Yes. Even my most rewarding fund PFES is below 0.2500 now!

I just left it there for PFES since my average unit cost is way below current level.

I may focus to DCA other funds.

You could fear current circumstance as an opportunity or you could join the fear by sell or switch out on-hand funds.

Ultimately, it's still your direction to made. Make sure that it's wise and not regretful.