Hi chartry,
Looks like pb mutual small cap is at its peak and slowing down. They closed at least two of the small cap funds on 18 March 2010. Ok, so that's the not so good news.

now the good news, they are peaking anyway. Initially I wanted to go there as well, not knowing they are closed, but i hesitated when i looked at their performance. I realized that some have been influenced by some articles about the small caps giving good return of dividends in a financial newspaper recently, but with the right strategy, God willing, you can gain a lot from going for capital gain and protect it later when the market turns south.

Ok, so if the small caps are closed and seem to be peaking where can you park your money? I would like to suggest public china ittikal fund. why?

1. It is an equity fund. Most equity fund such as china ittikal which follows the indices are up now. Equity is now up almsot all over the world. You can read how I come to this conclusion from my blog, http://belirendahjualtinggi.wordpress.com. It is in Malay, but if there is any question, feel free to ask. You can also follow my analysis from my facebook group, Market View. I invite others to ask questions in my fb group as well if something doesn't look right or if you are confused. I would be happy to englighten you. Anyhow, KLSE, Hang seng are currently in the beginning of an uptrend. Public China Ittikal is composed of some stocks partly from KLSE and Hang Seng and the fund itself is also in the beginning of an uptrend.

2. It is rather agressive compared to other equity funds, which is a good strategy to go for in a bull market. Try to maximize the season whilst it last. When the market turns south, the strategy is to go to bond to protect your earnings rather than holding it to a lost! This is called switching and there is only a RM 25 fee plus whatever small service charge there is for bond/money market fund. I am more than happy to share my view of the markets to my client. remember, although I am a unit trust consultant, I am also my own biggest client, I have most of my savings in public mutaul funds, so I am always on top of this.

Ok, now you laso have a question about linking to public bank online (pbebank). Actually, if you want to add your investment, you can do so by publicmutualonline itself but indeed, the easiest is through pbebank. That is actually a smart and logical question you are asking. I found that by doing your additioanl investment through pbebank, is simpler as you need to login once, to your pbebank for the additional investment. If you login through publicmutualonline, you still later on need to login to your pbebank anyway if you want to trasnfer the fund from your public bank account.

You maybe asking how to set it all up? Well, if you login to pbebank, you will see a link on the left hand menu that says Investment. Here you can add your public mutual account number which you will get once your new account application has been processed. You will get a statement from public bank by mail which has the number or you can call the public mutual hotline anytime after you have received your public mutual id, usually within a week. If you are my client, I can also advise you the account number once I see it in my client management system, so nothing to worry about. It's all easy.

You may also be asking if there is a limit on the transfer. I have transferred 6 digits amount to my public mutual fund twice without any problem whatsoever. I am one happy customer.

Doing additional investment through pbebank is easy and you will usually see the money in your public mutual fund within a 2 or 3 days only.

So let me summarize my answers.
1-go for china ittikal now, there is potential for capital gain, small cap is peaking and closed anyway for new investment.
There maybe some who are negative about the fund and I can't blame them as they were not advised by their UTC when the right time to enter the market and the UTC perhaps has a different view. If you entered in the beginning when the fund was opened, you might have lost some 50% of your investment, but if you have entered at the right time, you might have gained 50% instead! I have 10 years experienced in the world market and I can tell you it is about the timing.

2.Yes, you can link your pbebank to public mutual just as you can add favorite accounts for transfer.

Have I missed anything? Oh yes, choose your Unit Trust Consultants well.

PM me if you or others have any question, or see you in facebook group Market View. If you have heard about Dollar Cost Averaging, I do not advocate that, instead I advocate buy low and sell high so that your money works hard for you. How to buy low and sell high? That's my expertise. Since I am doing the analysis for my own investment anyway, I figured why not share it with others (my clients) as well, it is not much more additional work.

Disclaimer: the above information are all my personal view and do not replace information that you can easily obtain from the prospectus from public mutual website. Again, if you have any more questions, feel free to ask, as an investor myself and UTC, I will be happy to help.

http://belirendahjualtinggi.wordpress.com
facebook group : Market View

there are a few decent ones. I personally like public china ittikal fund, there is quite some potentiual during market uptrend. I know some people have had bad experience because of their timing. Now is a good time though as market is going up, so do the equity fund of course.

http://belirendahjualtinggi.wordpress.com

If you want something that is really local, then one that has been able to beat the index consistently for years is public ittikal fund. However, in my humble opinion, the timing of when you enter generally has a more significant impact to your return than your choice of fund.

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Added on October 5, 2010, 1:34 pmPIOF is excellent.Unfortunately it is closed now to new investment

This post has been edited by buylowsellhigh: Oct 5 2010, 01:34 PM

PIBOND is closed. PIEBF is opened only to min investment of 100,000. But PISBF is still open

as mentioned before, I believe public china ittikal is good now. I went in early September and it is already up some 6% and it doesnt look extended yet like some other funds. I believe the performance of some other funds are affected by some sector weakness.
If interested PM me, I provide timing advise as well.

that's why i give timing advise. If you f=go in at the right time, you could gain 50%. Wrong time, you lost 50%

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Added on October 5, 2010, 11:21 pmgood choice of fund but poor timing. Looks to me like you can use timing advise. PM me if interested. At the very least you need to know when to exit the fund later on to minimise your loss or preserve your gain.

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Added on October 5, 2010, 11:24 pmyou can use the performance chart at public mutual website to have a rough view of the percentage. But PIBOND is closed. Try PISBF if you want to go in.

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Added on October 5, 2010, 11:34 pmThere are seasons in the stock market, up and down and sometimes sideways.
You gain during up season and you lose during down season.
I use my 10 years experience in the stock market with my analytical expertise in technical analysis to determine the beginning and ending of the seasons.
It has worked well for me. I put a lof ot my savings in public mutual, getting close to seven figure.
When the down season begins, I move my fund to bond.
My clients will get the benefit of my analysis. I won't let them lose big time, or buy equity fund during down season. I am always on top of this as I have a big stake in this. My techniques are detailed in my blog, sorry, not translated to English yet.

This post has been edited by buylowsellhigh: Oct 5 2010, 11:34 PM

Actually I find that it is very possible to time the market. However it took me a number if years to reach that level. Not to mention the stress of losing money in the beginning, countless hours trying different system, programming systems, reading books, etc. However once you get it, you get it. It is however a rather lonely (although profitable) place, as those who have acquired the expertise has no need to share it, they are happily making money for themselves. However, I feel that it is a win-win situation for me if I help others.

It is possible to time the market as they move like a flock. If you chart the markets around the world, you will see similarity, hence you will be able discern what is noise and what is trend. Then you need to mathematically refine the observation, that is where cycle analysis, momentum analysis etc. come in so that you can time your entry and exit when it gives you a high probability chance of success.

besides the knowledge, you need a good charting software and spend a few hundred ringgits a month to subscribe to markets data around the world.
Choosing the fund is less critical since the funds are made up of a few stocks and these stocks tend to move together like a flock as well. There are always exception of course but in general they do. If you chart the performnace of different funds, you will see that they make their low and high at around the same time. That's why I say timing has a very significant role in your unit trust profitability and that's why with dollar cost averaging, you tend to grow your profit slowly.

Market Wizards.
This book is a good read. Read how some people are able to beat the market consistently.
http://www.amazon.com/Market-Wizards-Inter...86551688&sr=8-1

,
yes, treat other people's money like you treat your own. I agree with you indeed unit trust is for long term, the cycle usually lasts from months to years hence no point of changing strategies too often. But true we need to adapt to market condition, sometimes the cycle mentioned is up, down or sideways. The agent need to be aware of this.

stocks, yes, absolutely I am into this as well. sometimes you go into one area to branch into another. Unit trust with timing strategy is good for building capital safely but agressively initially.

dca is indeed good for discipline, and the investors need to know what to expect since they are going to buy not at low but high as well. Some complaint it's too slow etc. as somehow they have the wrong expectation. If they have the right expectation, they can be more disciplined or willing to go through it, direct debit etc.

It goes without saying that if they have access to good timing advise, would prefer to average up only, not down.

Public Ittikal as someone pointed out yesterday here or another thread gives AVERAGE return of some 14% every year since inception. ..that's over 13 years and inclduing the bear markets when stock market moves down.

10% per annum STEADY one? None exists I believe. Maybe some risky bond fund but you'll never know with this risky fund. The stock market moves up and down, every few months to few years. When stock market moves down I believe all funds (maybe there is an exception I do not know about) moves down to. It is a fact and it is logical as the funds are made of stocks, just the the index, although much less. When market is down, it is very very logical to protect your return. It is not a question of why, it is a question of why not.

So there is a compromise, maybe some are bored of me saying this, it is switching. Timing the market is required, I hope to fill this niche.

There is a huge market out there for people who don't want to play stocks but still want great return from their investment. That's why the unit trust companies introduce switching. There is demand for it, not big as it is not popular yet, but there still is, especially from people who are frustrated from the slow return of their investments. They say unit trust slow, stock market too risky.

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Added on October 9, 2010, 2:39 amA good article on what switching is.
http://www.iankree.com/2010/02/19/money-ga...tch-on-and-off/

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Added on October 9, 2010, 3:14 amThis is what a timing system may look like. This is mine in early 2009. The red curves is the major market cycle starts to point up, which means the long term cycle is moving up. The price bar turns blue, indicating bullish long term momentum. There are a few other signals.

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Added on October 9, 2010, 3:21 amThis is how KLSE looks like right now



Source:
http://belirendahjualtinggi.wordpress.com/

This post has been edited by buylowsellhigh: Oct 9 2010, 03:21 AM

not to have an endless debate with others, in my personal opinion, yes.
my method is not to predict but to just stay with the long term trend. When the long term trend goes up, I am in. When it goes down, I am out. Some may have sone doom and gloom news and prediction, but it is undeniable that the trend is up now.

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Added on October 13, 2010, 11:01 amnot yet. you are actually recovering very fast, especially china ittikal since they they move up and down fast. Unless you have other funds that are more agressive but many are no longer open for new investors but maybe still open for additional investment.

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Added on October 13, 2010, 11:03 amyes, you need to leave 1000 units, otherwise your account will not be active. So when you devide to go back in again, it is not considered switching, you will have to pay the sales charge again.

This post has been edited by buylowsellhigh: Oct 13 2010, 11:06 AM

Double top or maybe head and shoulders instead?

[quote=august.decision,Oct 16 2010, 09:25 AM]

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Added on October 13, 2010, 11:03 am

yes, you need to leave 1000 units, otherwise your account will not be active. So when you devide to go back in again, it is not considered switching, you will have to pay the sales charge again.

[/quote]
wat will happen if i switch all units out...then buy back rm100 in tat account...so the account still consider active rite? then i can switch back to tat account at anytime...
is this can be done?

[/quote]

even if you zero out the account, you can still use it again later. In terms of your profitability, this is no different than opening a new account as this is not switching,but considered additional investment. Regular sales charge applies.if you want switching, then leave 1000 units, not zero.

[quote=august.decision,Oct 18 2010, 10:04 AM]
even if you zero out the account, you can still use it again later. In terms of your profitability, this is no different than opening a new account as this is not switching,but considered additional investment. Regular sales charge applies.if you want switching, then leave 1000 units, not zero.

[/quote]

if like tat...how can we switch a equity fund to bond fund that we dont hv account b4 this...after switch to bond fund....we also need to leave 1000 units in the bond fund to make it active for the next round ? then only we can switch back the $$?

if like that....we need to hv at least 2000 unit or more to do switch from equity to bond then back to equity?.....
if invest around rm2000 or rm3000 1st at equity fund....switching actually can't be done in term of we want to gain value from switching between equity and bond/ money market fund.....

please correct me if i am wrong...tq

[/quote]

first of all, just in case there is any confusion, 1000 units is not rm 1000. if the NAV per unit, let's say pcif, is 0.25, 1000 units is rm 250.

so it is possible to gain from switching if your capital is rm 3000.

and to make the switch possible, when it comes time for you to switch, you can move out rm 1000 from your equity fund to open up a bond fund. The minimum required to open account is rm 1000. Then you can switch mostly to your new bond fund, leaving behind only a few hundred ringgit. As time goes on and your fund size grows, the amount you have to leave behind is comparably small.

i hope that answer your questions.

PFES is really agressive whilst as mentioned PNREF doesn't really perform. Perhaps the UTC is trying to mix the two up for some reason, but I can't think of any good one.

there is indeed a difference between lumpsum buy or top up monthly.
Let's say the fund's value is going up every day.
If you do lumpsum invetsment, then your money have more space to grow before the next downturn.
Topup monthly means you add a certain amount of investment per month. Obviosuly in an up market, this means that topup monthly strategy grows money slower than lumpsum.

To put simply, let's say you invest RM 10,000 versus 1,000 for 10 months. Market is up everyday. Obviously you want your RM 10,000 to grow asap instead of RM1,000 per month.

You can also combine both... where your start in lumpsum mode and part of your earning every month goes to the fund.

Then there is the other factors such as diciplined investment, dollar cost averaging (you can google this)

I am a unit trust consultant, if you like a more detailed help, feel free to PM me.
However, to answer your question, if it were me and this is what i do in general,

the strategy that i employ and advise my clients depend on the market in general. I track the long term trend.
if the long term trend is up, i advise my clients to go for agressive equity fund, mostly for capital gain. this can be For examples PCIF, PIDF, etc. The final selection is made after discussion with the clients.

if the market's long term trend is down, i do not advise for equity fund, instead the choice is a bond fund sich as pisbf.

When the long term trend changes direction, I advise my clients to switch.

If the long term trend is up, no point of holding back the investment, personally i go for lump sum investment, but some clients may prefer to hold back some, up to them. some of their monthly savings go into the fund on a monthly basis.

hi mikecrush,
i only deal with shariah compliant funds, and you actually have a first hand experience of the funds.
2007 was a good year, 2008 wasnt but 2009 up till now is good, so you have seen the funds in good and bad times. From here, you can stick to your strategy or enhance it further. You can select the best performer and allocate more to it instead by switching. But if you dont want to do switching, you may have to stomach more volatile movement. If you want to compare the returns of your investment, ask your agent to retrieve tne simple return % for each of your account. It is difficult to go further in my advise without detailed discussion with you. You can email me at belirendahjualtinggi@gmail.com

no extra. whatever the sales charge is for cash, epf, no load fund applies for public mutual. hi again mnet, i thought this was already discussed on the other thread.

This post has been edited by buylowsellhigh: Oct 22 2010, 07:51 PM

I have answered in the Fund Investment Corner. Hope that helps.

all unit trusts have a limit on their sizes. Sometime they get approval to increase the size. When limit is reached, the fund is closed.
there maybe some promotional period, but nonetheless still open after that as long as size is not reached.
As for time limit, i am not aware of any. i believe public ittikal has been opened for cash investment since inception.

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Added on November 6, 2010, 2:27 pmi agree with gark. here is my 2 cents.

at the end of the day, if you are happy with the return, then do nothing.
if you want to be more agressive, then select more agressive funds.
But if you go for agressive but dont switch, your potential loss is also agressive.
which then brings us to the question of how comfortable are you switching or do you have someone to help you.


This post has been edited by buylowsellhigh: Nov 6 2010, 02:27 PM