Index Fund only 5sen!!!!

Index fund dividend also 5 cent the same as last year.
now maybe i want to switch all to Public regular saving just to get the 3% dividend so can claim income tax.

[quote=guanteik,Feb 7 2010, 08:46 AM]
@MakNok
This is not the way of investing in unit trust. But I came across a lot of people who followed your way.


i know it is not the way...but by switching from one fund to one fund with minimizing losses but gaining in double Income Tax rebat within the same year will greatly reduce on income tax impose.

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

[quote=gark,Mar 24 2010, 11:03 PM]
All my funds are auto-reinvest and get taxed every year. Public mutual send me the tax voucher every year as well

it is normal..


if you work in malaysia,
then u can claim some "tax adjustment" as well.

play it well...
you might not get tax at all or minimum tax when you declared your Income Tax every year!

Public Islamic Sector Select Fund which is now 0.2645 but dividend declared not that great.
Public Islamic Select Treasures Fund,now at 0.2903...price have risen sharply but no dividend declared so far.


I also using EPF to buy mutual fund and i did a a lot of switching,
claiming dividend so far on Public Index Fund at 5 cent/unit and Public Regular Saving Fund at 4.5 cent/unit

I intend to switch to Public Islamic Equity Fund and expect the dividend to be around 2 cent region expected end May.

Comparison:
Public Islamic Equity Fund now at 0.3271
Public Islamic Select Treasures Fund now at 0.2903

PIEF last year dividend declared is 1.75 cent/unit where PISTF no dividend yet.

i expected based on current market PIEF by end May might declared 2 cent region.
and maybe PISTF will declared it's first maiden dividend by end May also.

---

Added on April 7, 2010, 8:44 amIf EPF investment,you can't park at Public Bond Fund.

IF parking for epf invesment,you can park
Public Select Bond Fund or Public Islamic Income Fund.


This post has been edited by MakNok: Apr 7 2010, 08:51 AM

"double dip"...??

if you mean market will drop further....then i bet it won't happen anytime soon.

do you know that malaysia market always act diffently from rest of the market.

it will be like that until next coming GE.....

This post has been edited by MakNok: May 19 2010, 08:29 AM

if you predict "great fall".....then i will park at bond or money market...

Wow...
KLCI lost 22 point...
mamamia!!!

EPF scheme....auto reinvest!

but i think it now go all the way to 1500...it is now and before election!

but it is wise to sell just before chinese new year next year!!!

Now i believe government will "move" our Market so that they can partially get back from "Bakun" fiasco!....and also privatation of Toll....and for General Election..