i have one question to ask the sifu here.

PB Islamic Bond fund has just annouced the dividend of 5.75 cents per unit. And today the price dropped by 4.76%. What does it means??

If i invested RM10000 in this fund one year ago @ 1.08/unit, and price was 1.1936 yesterday 30/6/2010 and adjusted to 1.1359 after the 5.75 cents dividend declaration. I hv opt for the dividend reinvested option, so how could i calculate the number of unit that will reinvest in to my account?

just receive the distribution notice. it says keep the voucher for tax authority.
what does it mean? do we have to declare it as income tax ?
i thought it was tax as single tier income.
thanks for reply.

Thought kenanga funds are good..but the financial report on the company is still losing money. Imagine an investment company share price only worth 0.75 sen.

KLCI down 14 point today.

Whether the fund is cheap or not, we have to look at the benchmark which she is pegged.

For example, on the 18-7-2011, when KLSE-30 & 100 dropped like crazy, then the funds that are pegged against it becomes cheap. I hope you smart investors top up on that day... H3LL, I sure did. For example... PRSF, PSSF, etc.

Xuzen

No lar bro - U good agent. Answer such Q with such A . Crystal ball gazing again...

current market sitiation, most of local equity funds doing well.

it wasw profitable....... but in future.......can also for local markets.

i make sure PAGF and PIDF in my clients portfolio.

U can start new accounts with another agent
eg. if U already have PIX with Agent A,
now U open another PIX (different account number - dont worry, it'll be auto created) with Agent B.

However, if U are asking how to MOVE YOUR ENTIRE PORTFOLIO FROM Agent A to Agent B... not easy
You'll need 3 signoffs - U as the customer + your current Agent handling that portfolio + your new agent

Unless your current Agent loves U or is close to U, a bit.. colder than water chance... as yr current Agent gets "career benefit" from your equities and loaded funds held by U.

Hope the above clarifies more than 

hi all...
can anyone help me understand for fund such as PB Bond, Islamic Bond or Fixed income fund...what are the risk of the fund losing the value or money? In what example or case example will cause these funds value to drop like poop ?

thanks! trying to understand the risk first...

frends ;

PAUEF distribution not bad - 2.25 cents.

any comments?

I'm quite old... but I'm new in unit trust... and I am reading your blog now

Dont rush. When rushing, mistakes / lapse of judgement happens.

Build a strong base first - debt free (other than property loans maybe), good buffer / emergency funds, enough insurance, then only start getting into Equities. If U are totally new, i'd suggest a simple 50% bonds + 50% equities asset allocation OR 33% bonds + 33% Equities exREITs/Properties + 33% REITs/Properties. The 1% U figure out where to put

its look like market recovering.. ....just now -46 and now abt - 27 points.

lets c how any points 2morow.

I heard it's not "how the economy is" but "how's YOUR economy" that counts