My funds are not performing well lately..
Sigh

I was told got new fund coming out.

Singapore fund.. something like this.. Can confirm?

PB Saving Fund.. Yea, my UTC told me this is average risk type fund.. It is performing quite good. I also got go into this fund.

And best part, invest invest halfway, sendiri also become UTC already.. Haha

You might want to try Index Fund..
Since our index will be penetrating to new heights this year, KLCI projected to break 1600.

It will be a good go into Index Fund now.. After all, this fund will be very good in a long run. Holding power is important here.
As a growing country in Malaysia, our index will be at a good growth rate. 1 year ago, KLCI is hovering at 1200, now it is at 1560.

Another 3-5 years down the road, we might be able to see KLCI heading towards 1800 range (Skeptical calculation)

Now got HLB acquire EON. KLCI benefited from HLB + HLFG.

Soon....
Got CIMB + Maybank trying to acquire RHB..
Got Genting soon to flying to RM15, casino expansion.. When Genting fly, will drag along GENM.
We got PBBank soon to be flying as well..

CPO rise, plantation benefit. BKawan, KLK, IOI, PPB..

Construction wise, got MMC with good contract.

KLCI prospect wise, maybe participation of UEM will give a good boost..

Seems like all good news.. Hahaha

Invest in good blue chips.. In a long run, surely will get a good profits from it, with good dividends.
No time to monitor, maybe can go to REITS, for a good current income (Every 3 month)
Or plantation company, also good current income.

Mutual Fund is a more diverse fund, that compiled of a few company in the similar industry, so that you can get the average out of all the company (The is to diverse out the risk of a particular company that you are investing, suddenly got into trouble although that is a good industry)

Investment is a good vehicle, and everyone should had an investment vehicle in keeping us up with the pace of the economy growth.

Public Mutual Bhd is launching a new fund -- Public Singapore Equity Fund (PSGEF) on Tuesday, June 7 – which will focus on Singapore equities.

It said on Monday the fund seeks to achieve capital growth over the medium- to long-term period by investing in a diversified portfolio of Singapore equities.

Explaining the rationale, Public Mutual chief executive officer Yeoh Kim Hong said for the last 10 years from 2001-2010, Singapore has been one of the fastest growing economies in Southeast Asia region with an average real GDP growth rate of 5.7% per annum compared to the Asean average GDP growth of 4.7% per annum over the same period.

She said Singapore has been the largest recipient of foreign direct investments (FDI) in Southeast Asia, which amounted to US$16.3 billion in 2009 or 41% of total FDIs in Southeast Asia.

“Investing in PSGEF enables investors to participate in the growth prospects of Singapore’s resilient economic and attractive valuations. Investors can ride on the potential upside of the Singapore dollar over time.

“The fund is also suitable for parents who would like to hedge their children’s future educational expenses as investments in the country’s equities are expected to keep pace with the uptrend in the costs of education over the long term,” she said.

PSGEF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing in a portfolio of investments primarily in the Singapore market.

The fund may invest up to 30% of its net asset value (NAV) in the domestic and global markets to achieve increased diversification.

PSGEF would focus on sectors with resilient growth prospects such as banking and finance, properties and real estate investment trusts (REITS), consumer, offshore and marine engineering groups, services and commodity sectors.

The equity exposure of PSGEF generally ranges from 75% to 98% of its NAV. The fund is suitable for investors with aggressive risk appetite who wish to hedge on currency exposure by participating in the potential appreciation of S$.

The initial issue price of PSGEF is 25 sen per unit during the 21-day offer period from June 7 to June 27.

The minimum initial investment for the fund is RM1,000 and the minimum additional investment is RM100.

During the offer period, the special promotional service charges are as low as 5% of initial issue price per unit.

Investors who opt for direct debit instruction with PSGEF during the offer period will receive a special promotional service charge of 5.25% of net asset value per unit for as long as the direct debit is active.

So more diversify la..

Different individual, different risk appetite.

Some may think, Indonesia might pull down PSEASF overall performance.. So they gang up on PSGEF only for a better return..

Past 3 years result all losing money..
I dunno about the future, what will it going to be. Probably they are still not used to the chinese market.

Yea, it is true that the direct commission is this little.
Around 2.5, or to be exact 2.75% la...

So if he talks 2 hours to close a 1k deal, earn on 27.5. Minus of petrol and money + time, then will know how sienz..

So all those customer, please be generous and considerate a little bit. Don't be so stingy, mutual fund investment is good, don't let your agent talk so long to close 1k. Invest like 4-5k...Habitual and consistent investment will give a good return definitely.

Talking on behalf of all agents. Lolz

Hahahaa

This post has been edited by Bonescythe: Jun 8 2011, 05:39 PM

That's why I say "Direct Commission" ma..

Depends on what kind of sales you are doing.
If all your customer will want to habitually invest in mutual fund, and practice dollar cost averaging.. Meaning, there will invest at least rm100 per month.. And if you got many customer doing this and so on.. And you can start to see the money rolling in already. That is the start of residue income.

Imaging auto invest of rm100k per month.. Ahhh...

Talk is easy la.. Finding the gems are hard game, which made a lot of people quit.

Quitter won't win, Winner won't quit, but whiner quit faster than expected!!

This post has been edited by Bonescythe: Jun 8 2011, 07:43 PM

1st one more feasible.. No fast way get rich la, come on.. 3 year and can have residue 3k, where to find?
And mind you, you think ask people to pay 100 monthly is easy? haha. Think again when u do it.. Lots of reason when u do it.. Hahaha.

But it is more up to, who you met, your circles of friends. If you are doing public mutual in rural kampung, expect worst la.. Hahhaa

Really depends on market.. 3-4 years, really dunno what will happen.

The latest 2 year performance for PCSF is as following

2009 (All figures in RM'000)

Net Investment loss - (433,643)
Net loss after taxation - (342,435)

2010

Net Investment Income - 159,687
Net loss after taxation - (8,856)

So, what will be 2011? What will be 2014 as well?

I say trust is very important here.
No trust no talk.. Money also lesser.. But trust does not come instantly.. When customer profile building up, show them.. If they are satisfied, they will automatically beg for more, and let them invest.. Begging you to subscribe more unit for them.. Lolz..

Products speaks loudest here.. So, fund manager very important.. PB Mutual.. Ok lar.. Reputable for their services so far, but.. some still sarks

1-2 years already can see.
3 years can happy a bit..
5 - 7 years.. Can be more more happy..
10 years.. Really can cash out, and pay cash for a say 20-30k stuffs (Based on Skeptical lousy performance fund)

This post has been edited by Bonescythe: Jun 8 2011, 09:12 PM

It is very subjective in this de la.. One rule, we cannot time the market.. So rather than put everything in one basket at a time, diversified it through timely and consistent investment is the best, so you are able to get an average of everything. In a run long, certainly will see the ringgit cost averaging effect in the portfolio.

Yea, any Financial institution also got dogs. Nothing is perfect. Investment, exposed to a lot of risk.

This kind of lousy agent, really can fire him/her..
Agent need to have ethics, update client of profile of unit trust say half yearly. Each year give calendar also need lar.

Insurance mai lagi sama sama. take 6 years. Buta buta take.. Aizz.

This post has been edited by Bonescythe: Jun 8 2011, 09:20 PM

Ah hahaha.. Who knows what happen next? Client become wife already? Lolz
Joking..
This investment thread.. Not find wife thru investment..

Pai seh la boss. I am a noob here la. Still digging my own hole, and searching for own dignity.. Pai seh pai seh..