Hm... I've put in some money into PUBLIC ISLAMIC ASIA LEADERS EQUITY FUND (PIALEF) since the launch. The NAV seems to fluctuate around 0.25. I mean, could it perform better? It's been 1.5 months.

When do you guys decide when to let go of a fund that just doesn't seem to be rising after your purchase?

I bought PIALEF since its launch. These 2 weeks saw the NAV dropped from slightly above 0.25 to 0.2393 today. I'm thinking of selling it if it continues dropping to 0.2110. At 0.211, I would have lost 20% of the total fund I invested (loss include the 5.5% service charge).

I guess I bought the fund in the midst of the Greece debt crisis which doesn't seem to be resolving anytime soon. The fund dropped even further following the 1000-point Dow Jones crash about 2 weeks ago. I'm afraid the NAV will just keep going lower and lower. Will the 2008 crash repeat itself soon?

Do you guys set a cut off point to minimize your losses, or just keep holding onto it and hopes that it performs better?

People always say that it's best to switch to bond fund to prevent further losses/lock in profit when the market is bearish, and then switch back to equity when the market is going up again. This is because it costs nothing to switch to bond fund and only RM25 to switch back from bond fund to equity fund. (talking about PM here)

However, it is not so anymore. Look at the chart below:


If you switch from equity to bond, you incur RM 25 charge.

If you then switch back from bond (low load bond - all bond funds under Public Series of Funds are low load) to equity, you STILL have to pay the 5.5% service charge! What's the difference here if you just sell and then come back again when the market go up?

This post has been edited by Aurora Boreali: May 19 2010, 10:40 AM

So do I need to pay any switching fees to switch from equity to bond funds now? According to the table above, I need to pay RM 25.

Has anyone made additional investment through public mutual online? Has anyone paid using MEPS FPX for additional investment made online? If yes, how secure is that?

Thanks in advance..

Hey guys. Is PBOND closed for additional investment now? I wanted to top up PBOND online, but I could only see my other funds in the 'Additional Investment' page. PBOND is missing.

What happened?