As investor, it is always important to keep some updates on the world economy, and do not invest blindly, or follow completely to consultant. Unless your consultant is good, and gives update during different market sentimental.

If I would to recommend, I will recommend PEF, or PIF as it will be easy to monitor. Local newspaper will be reporting on the local business news.
Most of the Mutual Fund objective is to outperform the KLCI, and they use the KLCI index as a benchmark.

During the 2008 crisis, a lot of mutual fund drop, and some even drop more than 50% and had not recovered since. But some investor in stock market, also burn more than 50% of their capital, and went into insolvency. Pity those who uses loan to finance investment at that time.


This post has been edited by Bonescythe: Jun 10 2011, 11:17 PM

A good consultant will give.
At least email notification of fund performance. Meet up personally half yearly basis..

Can consider them actually.
Everything comes with a risk of course. But since economy should be going to peak in the end of the year, am expecting most of the local region Mutual Fund to perform as well.

Each time.. When fund declare dividend, after dividend, it will drop based on how much dividend is being declared.

Example.

PEF is at 50 cents per unit.
Declare 10% dividend, or 5 cents per unit. for FYE 2011.
So, after the "X" date, the PEF unit will be priced at 0.45

Goldman Sach Inc had previously upgraded Malaysian market, as Malaysian market is being eyed as the next good upcoming growth nation in SEA.

So when FF come back to Malaysian market, things will be better.

This post has been edited by Bonescythe: Jun 13 2011, 02:02 PM

1.) What kind of risk taker are you?

2.) What is your objective by investing? Pay loan? Buy House? Buy car?
If you are for paying loan, maybe you can opt to take up some performing bonds, so that after a period of time, you can pay back one big lump of money. Bond are rather conservative and save, less risk exposed compared to equity linked fund. So your money invested will be exposed to lesser risk, and you will still be able to pay up those loan from the bond fund that you had invested in case when the market turnaround, as the prices are more stagnant, and less volatile.

If you are for buying cars, house.. Maybe you can opt to go for some moderate to aggressive risk's fund. As house and car is for future plan, you would hope to use a tool that can help you to grow your money more so that you can get your dream house or dream car with a habitual saving plan. The reason i suggest/promote equity linked is because buying a new house/car is not so top a priority if compare to loan. Loan is an obligation to repay, therefore, the tools being used should not put you into more trouble, which is capital loss.

3.) What kind of investor are you? short, medium or long term? Here in mutual fund, we are talking at least 3 years investment to be able to see result.

4.) Are you a one time off investor? Or you will invest consistently (Allocating money each month for investment)?
If you are a one time off with big amount of money (More than 10k), probably you would like to diversified into a few other fund to reduce risk. And get updated with the market condition from time to time, so you can know when is the good time to switch, exit, enter again.

For standing instruction (monthly basis), just invest.. probably some switching in between when market is down, or just continue to get more unit to maximize the ringgit cost averaging. Market down, cost per unit cheaper, so can get more unit with the same amount of investment. Market up, unit cost more expensive.

Anyhow, above is just a simple assessment to understand your own, and to select a correct investment vehicle according to your character, and ability to tolerate on the risk.
Remember, if you do not feel comfortable investing, don't invest at all. Invest only if you are comfortable to do so.

Depends.. If you switch within 3 months after purchasing the fund, fees will be higher.

If you switch after 3 months, switching to Money Market fund will be free, but switching back to other fund from money market fund will have some minor charges.

For more info, ask your consultant about it

I don't think there are any links from the official PM website.

Well, actually I cannot say that within 3 month, switching will be more expensive either.. My bad. Because it depends on where do you switch to, and the value of the switching.

My initial reply was based on value more than 10k. That is why I say more expensive if you switch within 3 month.
After 3 months, most switching fee are fixed or free if go to money market fund.

Minimum switching is 1000 unit per switch.

PIN Bond minimum will need 1million unit as minimum switching quota.

Within 90 days

Recipient Fund -----------Equity/Balanced---------Bond/Fixed Income------------M.Market
______________________________________________________________________

Switch out from

Equity/Balanced----------0.75%--------------------0.75%---------------------------0.75%

Bond (Loaded)------------0.25%-------------------0.25%----------------------------0.25%

Bond (Low Load)---------Up to 5.5%--------------0.25%----------------------------0.25%

M.Market (Loaded)-------RM50----------------------RM50----------------------------RM50

M.Market (Low Load)-----up to 5.5%--------------RM50-----------------------------RM50



After 90 days

Recipient Fund -----------Equity/Balanced---------Bond/Fixed Income------------M.Market
______________________________________________________________________

Switch out from

Equity/Balanced----------RM25---------------------RM25------------------------------Free

Bond (Loaded)------------RM25---------------------RM25------------------------------Free

Bond (Low Load)---------up to 5.5%---------------RM25------------------------------Free

M.Market (Loaded)-------RM25---------------------RM25-------------------------------Free

M.Market (Low Load)-----up to 5.5%---------------RM25------------------------------Free



Hope this helps a lot..

This post has been edited by Bonescythe: Jun 16 2011, 12:02 AM

PEF is good..

Pump.. Average it..Get more unit
KLSE expected to do great approaching year end..

PSmallCap.. Hold.. It will recover.. Don't sell them yet. It is volatile in SmallCap, but whenever he goes down, he know how to climb back up.

PEF, invest.. stage by stage. Sentiments are good.

PIF, pump.. This fund linked to KLCI performance. Year end forecast KLCI break 1600.

Now a lot of bank merge merge merge.. When bank merge, can hold KLCI or charge KLCI to another high level. Look at hongleong, from RM9 to RM13, contributing so much to KLCI.

Then, we got CIMB vs Maybank for RHB also. Sure another round for KLCI to hike.

Next up, we got Genting and all the related Genting brother and sister. Genting Singapore -> World 2nd largest casino.. I dunno how it will affect Genting singapore, but will definitely had an impact on Genting Bhd.
Forecasted Genting will go to RM15, that time KLCI sure hoh liau.

Next on.. CPO maintain above RM3,200.. So got plantation heavyweight like KLK, IOI, all help to charge.

If index go to 1650, PIF confirm doing good. That time sell them away if want to take profit. Look at how market perform that time.. Only decide. Maybe can go for bond fund if undecided.

---

Added on June 17, 2011, 2:20 pmYea am agent.. Yea, is closed. My bad.. Sorry.


This post has been edited by Bonescythe: Jun 17 2011, 02:20 PM

If you are active investor, for sendiri.. Can save a lot you know..

RM150.

Prepare 3 piece IC, 6 passport photo, your SPM cert, or Degree cert.. Either one. SPM, at least Grade 3, if lower, maybe go take SPM again.

Then Pay 100 (Registration for new agent) + 150 CUTE

Get your ammo (Bag + notes + all kind of notes + 2 master prospectus + other kind of stuffs, cannot remember)

Then, go exam.

Pass already.. Go invest and grab people and invest.. You are UTC, so you need to Con them, after that, insult them kao kao.. After this 2, then put out your shark mouth, dig as deep as possible to your client pocket, and ask him/her to invest..

Hahaha..

Hahaha.. Opps..
I very ethical one, don't worry.
Con already, then insult, is helping client to realize the good thing..
If don't con them, don't insult them.. They cannot wake up, and you cannot help them to get to their goals. So lose lose condition..

You take effort to con, then insult abit, but know how to take handbrake, then sayang back a bit. Client realized is good, happy.. Win win liao..

***Above just for laugh.. Not practical.

This post has been edited by Bonescythe: Jun 17 2011, 05:49 PM

License to con+insult without people bashing u up
Lolz

Yo yo yo!! I spotted shark here also. Hahaha
Shark leader.. Phew weeet

But you got conned for the better, right? Hehehe

Joking joking.. But, are you still "ok" with mutual fund after that experience?

In my opinion, fund is ok.. Just the person who presented it..

PSF.. Good. I also got..

1 year gua.. Haha