Public Mutual has THE best website around in terms of showing the actual gain of your investments in graphical form.

Public mutual website actually show a very misleading investment gain graph.  .The graph is merely pure performance without considering the fees you pay either upfront or in yearly fees or dividend tax. If you minus all those costs expect your graph to be reduced by 10-20%.  I rather track my own investment with all the costs put in, and is always lower than reported by the graph. 

My own tracking of the performance disagrees with your conclusions.

As a quick check, PB Balance Fund graph shows about 31+% gainn for the past year (hard to tell exactly from the graph).

My own database tracking this particular fund shows 31.926% gain. So far, no evidence to say there is a 10-20% difference.

The word "Dividend" in the name of the Fund does not mean anything by itself. You still have to read up on the objectives of the fund, and what the fund actually does.

There is no difference between distribution and dividends as far as funds are concerned. In fact, funds use the word "distribution" rather than "dividends".

Funds "that give out dividends" is purely a marketing gimmick. Distributions are irrelevant. You need to look at the total gain in $ value of your investment, not how much distribution the fund has given out.

Public Mutual has THE best website around in terms of showing the actual gain of your investments in graphical form.

Public Mutual is also guilty of announcing "distributions" as if it means anything useful or relevant. Distributions are meaningless. Ignore them.

yes...the dividend stuff is a pure BS to me... at first i thought it's really a dividend but then they actually give me the dividend units but the NAV price drops...end of the day..it's the same thing...quite pissed with that and i sold all my unit trust....

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Added on March 20, 2010, 9:30 ammy earlier post is reference to this

Well....
i think it is normal all mutual trust unit.
it is to reflected the actual value of your portfolio after distribution.

Play it well....you will gain a lot and also "tax deducted" as well

question from me learner

how to read the graphical chart fund performance in PM website?

what is the X and Y axis means?
what is the read and blue lines indicate?

appreciate any reply.

question from me learner

how to read the graphical chart fund performance in PM website?

what is the X and Y axis means?
what is the read and blue lines indicate?

appreciate any reply.

X: Time in term of date
Y: Gross return in term of percentage

Blue line: Fund performance
Red line: Benchmark performance

imax80,

Are you suffering from any sight problems or are you trying to make a joke? Everything is written there VERY clearly.

sorry guys do any of u all do maintenace of public mutual in pbebank?
what do you put as alias?

yes...the dividend stuff is a pure BS to me... at first i thought it's really a dividend but then they actually give me the dividend units but the NAV price drops...end of the day..it's the same thing...quite pissed with that and i sold all my unit trust....

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Added on March 20, 2010, 9:30 ammy earlier post is reference to this

errr? 1st of all, there is a tickbox in the new fund application form, where u can either choose ur dividend to be payout to u or reinvested. 2nd, The fund price drop is only natural, it is adjusted after the ex-div date...this is also true for stocks. 3rd, dividend is regarded as income & is therefore taxable.

That's why, wouldn't you prefer that they do not issue dividend at all so we all do not get taxed? If I want that some kind of dividend, might as well i sell of 5% of my units for my own dividend, since capital gain is tax free? So.. in conclusion dividend in unit trust is a waste of time.

For stocks is different as, the price of the stock does not necessary track the book value, so dividend gains is suitable and the price might continue to go up. Unfortunately unit trust track the book value known as NAV, which is guaranteed to go down after dividend issue.

in any case, having the option of dividends is better than not having it because some people prefer receiving dividends, some people want regular income; if you don't want, simply choose to reinvest, your total unit trust holdings value would remain the same

If i choose to reinvest, i get taxed anyway. If they don't have dividend then i don't get taxed. Thats is why now i am moving to UT which do not pay dividends.