Hi unitholders, currently im helping my mother to plan our family funds. First of all, she invest in PM around 1996 and invest rm500 monthly until today for my sister. Which bring a total of 172k. She just blindly invest only. However, few weeks ago my mom opened another 1 account for me. Total 108k. I dont understand how the 5.5% charge works. Now my mum got around 120k in amanah saham wawasan 2020. So after ASW2020 pay out the interests, she plans to transfer all the money into PM. So here are the questions:
1. Should we put 120k into my sister's one? Based on my calculation, the returns for this year based on my sister account is 12%. Total amount invested rm61k+, and the return is 7k+(this is for 1 fund. got another fund i dont know the amount)

Sorry im secondary school leaver so i dont know much about unit trust or mutual fund. Learning it now by the way. Because im solely looking at the return % only. Assuming invest 500k with minimum 8.5% return, can get RM42500 annually which is more than enough to bear my education fees + living expenses in college.

2. If put 120k into my account, will the return as high as in putting 120k into my sister account?
3. Is that worth to transfer all FD from other banks into PM?
4. I heard some people say PM is riskier than amanah saham. But from my POV, lately many rumors that government will bankrupt and bla bla due to corruptions. This make me trust PM more than ASW2020 but we still need to prepare for the worst case scenario. So if PM really going down, what to do? withdraw all the money?

This post has been edited by mois: Jun 27 2010, 02:32 PM

Hi guys, My dad have some units in PM, Unfortunately the servicing agent is no longer around. Is it possible to call HQ to know how much he have in the respective funds?

You may ask your dad to call the customer service at 03 62796800.

Thanks bro, Can they provide such info such as unit price during purchase and how long have my dad been holding it? I suspect some of the funds did end up losing money.

Or they will arrange a new service agent?

They can answer most of the questions provided you're the unitholder. They may ask questions for verification.

They won't arrange a new agent for you and most likely, the agent code has been assigned to the old agent's upline.

This post has been edited by gark: Jun 27 2010, 09:37 PM

hi gark, i just checked the datails.
1st one is regular saving fund
2nd one is ittikal fund


Attached thumbnail(s)

Public Regular Savings Fund - High Risk Funds - Average 10 year Annualised returns - 8.16%
Invest in 90% Malaysian Equities, 7% in cash and 2% in Fixed Income

Public Ittikal Fund - High Risk Funds - Average 10 year Annualised returns - 8.79%
Invest in 66% Malaysian Equities, 23% in Greater China (China, Taiwan & korea), 1.7% in Australia, 1.5% Others and 7.5% cash

IMHO, both are good funds, with steady returns, however the Ittikal funds are more volatile but have more potential for higher earnings. Please note during bad times, both of these funds can and have drop more than 50% (2008-2009), so there is definitely high risks in these funds.

Returns are excluding the 5.5% fees.

This post has been edited by gark: Jun 28 2010, 09:51 AM

Mois,

i) 5.5 % works this way; let's say you invest RM 100,000 into X funds. Public Mutual will only invest using RM 100,000/1.055 = RM 94,786.73. The RM 5,213.27 will be deducted as initial charge. Half of this goes to the agent, and the other will go to Pub Mut i.e., RM 5,213.27/2 =RM 2,606.63

ii) No, it is not a good idea to put all the money from FD to PM. Maintain at least 6 months work of your average monthly expenditure in FD to cushion against emergency.

iii) Only ASB has less risk simply because their buy/sell price is artificially maintained at RM 1.00/unit with regards to how market perform. I would put ASB more like a capital guarantee fund.

Next a little comment on your PRSF (Public regular saving Fund) and PIttikal:

PRSF is moderately performing, Pittikal is lousy performing. My comment is based on my computation of the funds using Jessen-Alpha Ratio and Treynor ratio.

NB: I have access to the funds Beta, benchmark rtn and KLIBOR rtn. Better funds are PBGF (Public Bank Growth Fund) and PSF (Public Saving Fund) not Public Regular Saving Funds. Please note my comment are strictly based on 3 year average historical mathematical modeling. As always, past performance may not reflect the future performance.

Xuzen

P/S Jessen-Alpha & Treynor ratio are mathematical model for evaluating unit trust, if you do not understand them don't worry, you are not expected too. But you can google them to appreciate them further.

This post has been edited by xuzen: Jun 28 2010, 04:18 PM

i) What if i put 30k into X fund, then few days later i put 70k into X fund again? It charges 5.5% from 100k or 30k?
ii) It is my mother extra FD. Around 200-300k left in FD
iii) After all since she invested in ASW2020 and not in ASB, so it is worth to transfer ASW2020(112k) into PM right?

I found Public Growth Fund(PGF) instead of Public Bank Growth Fund. The PGF no doubt performing very well along with PSF. PGF last 3 years Distrubution yield(14.7%, 20.9%, 8.5%). Meanwhile PSF D.Y are (12.6%, 14.7%, 12.4%). Those are 2007-2008-2009. Still better than ASW2020 which offer less than 7%.

i) Even if you put 30k or 70k or 100k, the 5.5% is calculated from your total investment.
ii) Please look at your risk tolerance, before committing all of your mother's money to UT. If you lose 30-40% of the amount in a year or two, what would your mother say? If she is ok with it, then by all means invest in UT.
iii)Please do not look solely at distribution yield, as these figures might be misleading. You have to calculate total change in price + reinvested dividend.

PM 35th anniversary campaign

URL: http://www.publicmutual.com.my/page.aspx?n...35thAnniversary

Before the PM 35th anniversary campaign, PM lauched a campaign where they will give out 10 Dell netbooks to the winners. Now the link has been taken down...

Any idea if it's still on?

That campaign expired 30th June 2010. That could explain why it's being removed.

i just checked with PM, Most of my dad's fund were bought at 2007 ogos. Put in a total of 59k and now value is 62k.

Already lost out to inflation

This post has been edited by idunnolol: Jul 1 2010, 04:29 PM

Aiya, did you even count the dividend received? Those are profits too, so must be calculated as a total.

[[(Rm62,000 - RM 59,000)/RM 59,000]^(1/22)]x12 = 2.7735% annualized rtn from Aug'2007 until today (Jun 2010)

The above is with assumption that the dividend payout is reinvested. Idunolol, please let us know which fund is it so I can also avoid it like the Bubonic plaque.

Xuzen

Well he bought near the peak (end 2007) so even if it is a good fund, the loss and poor performance is inevitable.

Thats the price after factoring in everything eg dividend reinvested

Xuzen Most of the funds are Islamic dividend. Total crap. Still lose out on the 5.5% commission ,So its actually a loss

Yeah, mea culpa. Must also measure against the fund's benchmark.

Xuzen