Haiz more of the same concept funds, not that much different really from the current set of 4-5 Malaysian growth funds available in PM. PM should really think very very hard on trimming the fund list and optimize the funds into a few well managed funds rather than shooting all over the place. Search the fund list also 'pening' already with so many acronyms. 

P/S Or maybe PM is trying to confuse people or just a marketing gimmick and attract subscriptions with new funds ? 

Haiz more of the same concept funds, not that much different really from the current set of 4-5 Malaysian growth funds available in PM. PM should really think very very hard on trimming the fund list and optimize the funds into a few well managed funds rather than shooting all over the place. Search the fund list also 'pening' already with so many acronyms. 

P/S Or maybe PM is trying to confuse people or just a marketing gimmick and attract subscriptions with new funds ? 

Guys, anyone can help with my query which was posted earlier:
Guys, how exactly does PM calculate their "one-year return"? What are the figures used?

Thanks

gark,

It has nothing to do with marketing gimmick or confusion. The reason is simple. It is easier to manage funds with smaller size than funds with gargantuan size. By introducing new funds, the fund managers can easily manage 5 funds with total NAV of RM1 billion, rather than 1 fund with NAV of RM1 billion.
jeff_ckf,

I am not really sure of the data used, because different rating companies use different approach, but I would assume it is the net change in NAV for the year and the distributions paid out for the year.

(Price at end of period - Price at the begin period + any distribution)/Price at the begin period

Public Mutual declares distributions for 11 funds

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for eleven funds totalling over RM440 million. The gross distributions declared for the respective funds for the financial year ended 31 May 2010 are as follow:

Fund | Gross Distribution / Unit
Public Dividend Select Fund | 3.00 sen per unit
Public Ittikal Fund | 8.00 sen per unit
Public Islamic Equity Fund | 1.75 sen per unit
Public Islamic Select Treasures Fund | 1.25 sen per unit
Public Far-East Select Fund | 1.75 sen per unit
Public Regional Sector Fund | 1.75 sen per unit
Public Global Select Fund | 0.75 sen per unit
Public China Titans Fund | 1.50 sen per unit
PB ASEAN Dividend Fund | 1.50 sen per unit
Public Balanced Fund | 7.00 sen per unit
Public Select Bond Fund | 4.50 sen per unit

Public Mutual Chief Executive Officer Ms. Yeoh Kim Hong said Public Dividend Select Fund has generated a one-year return of 28.91% for the period ended 14 May 2010, according to The Edge-Lipper Fund Table dated 24 May 2010.

Meanwhile, Public Ittikal Fund and Public Islamic Equity Fund have generated one-year returns of 21.78% and 23.97% respectively for the period ended 14 May 2010. Public Ittikal Fund, which was launched in 1997, is an award winning fund, having received a total of 20 awards in its category from The Edge-Lipper Malaysia Fund Awards and The Star/Standard & Poor’s Investment Fund Awards Malaysia.

Public Islamic Select Treasures Fund, which was launched in 2008, has generated a one-year return of 21.54% for the period ended 14 May 2010. This fund is open for EPF Members Investment Scheme.

URL: http://www.publicmutual.com.my/page.aspx?n...rls_100601_1700

I invest using EPF money. I bought 25242.09 units of Public Islamic Equity Fund. What are my dividends in units? Thank you.

Hi everyone!!
As i know fund have a contract period.That mean since u buy the fund,u have to wait until the fund end,only can get back all the cost invested and the % of earn.For exp,3 year or 5 year. If want to take out the money within the contract period, can not get the % of earn,and also need to pay the admin fee. What is this type of fund???

And another type of fund ,we can buy and sell anytime,however it is raise or drop its price,it does not include any charge.It seem as sotck.What is this kind of fund?

Otherwise,hope anyone can tell me there hv how many type of funds ??[SIZE=7]

Please check your statement or the dividend slip.

The number of units you get through reinvest is based on the NAV that reinvest is executed.

Hi David83,

The distribution was done on 31-5-2010. Today is 21-6-2010 (3weeks already) and I have not receive any physical documents about my distribution. Does PM takes such a long time to send out the statement?

Xuzen

Hi David83,

The distribution was done on 31-5-2010. Today is 21-6-2010 (3weeks already) and I have not receive any physical documents about my distribution. Does PM takes such a long time to send out the statement?

Xuzen

Xuzen,

I believe it is the same no matter the company. The processing takes 2 weeks, and the delivery takes another 2 weeks.

The first kind of fund you are describing is probably the capital-guaranteed funds, it's a kind of structured investment product, some are like fixed deposits where you get a fixed 5% every year and upon maturity you are guaranteed your initial capital, or more if the fund has higher return.

The second type of fund is ETF, exchange-traded funds, these are funds that track the index and are traded like stocks in the market, basically the return should mirror the KLCI in Malaysia's case, i forgot what the names are over here but i think CIMB just launched another ETF and altogether there are three.