if u r into commodity funds, and do not want to pay 5.5% initial charge, u can try commodity ETF.

You cannot time the market. so shd invest regularly, or when u think the price is right or fall within your target to buy.
I do not practice DCA, but i pratice invest regularly, i park my money in bond fund, when equity market drop drastically i will buy more equity, if equity go up a lot already i will park in bond instead. but i channel part of my income to bond fund regularly and monitor the fluctuation.

the od against ut details is at follows:

a) MOA is 80% of the UT value
b) Interest at BLR-1%
c) can aply to waive the commitment fee in case your OD facility is > RM250K, below 250K no commitement fee of 1%
c) stamp duty on the doucmentation is flat rate at 0.5% x total amount of your loan
d) apply, L/O out and OD released within 1 week time, PBB very efficient.

Note: i dont work for PBB or PMutual, just a customer that using the same facility.

switching is allowed even u have pledged the unit trust to PBB. Just write in and attach with a switching form, submit it to the home branch for processing. The PBB officer then will process and fax to Public Mutual for their action. I have switched once in Feb, all done in the same day, PBB/PM are very efficient. Yes, the OD rate is 4.8%

yes u r right, with the 4.8% p.a, it is considered a cheap funding, u can use it to settle the credit card debt, or pay of other things, u can also use the money to invest in ASM/ASW2020 that pay > 4.8%, you can also use the money to reinvest in P.mutual....

i am not an agent, but called up the PM online, what u mentioned is correct. Only opened to the existing holders.

Recently they have an EGM to approve to invest in stock with market capital of > RM1.25b so now already revised.

Public Bank launches PB Singapore Advantage-30 Equity Fund and PB Infrastructure Bond Fund

Public Bank is launching two new funds on 11 May 2010, namely PB Singapore Advantage-30 Equity Fund (PBSGA30EF) and PB Infrastructure Bond Fund (PBINFBF). The former is a Singapore-focused equity while the latter seeks to provide investors with steady income. Both funds are managed by Public Bank’s wholly-owned subsidiary, Public Mutual.

PBSGA30EF is an equity fund that seeks to achieve capital growth over the medium- to long-term period by investing in up to a maximum of 30 stocks in the Singapore market, including Singapore stocks listed in other markets. The equity exposure of PBSGA30EF will generally range from 75% to 98% of its net asset value (NAV).

Public Mutual’s Chief Executive Officer Ms. Yeoh Kim Hong said PBSGA30EF is designed to capitalise on the promising growth prospects of the Singapore equity market and to participate in the potential appreciation of Singapore Dollar (S$). “According to Business Environment Risk Intelligence) Report 2009 – III, Singapore is ranked No. 2 worldwide as the city with the best investment potential for 15 consecutive years,” she added.

Yeoh said that PBSGA30EF is suitable for investors with an aggressive risk-reward profile who can withstand extended periods of market volatility in order to achieve their objective of long-term capital growth. It is also suitable for investors who plan to hedge their children’s future educational expenses in Singapore. “Investments in Singapore equities are expected to keep pace with the uptrend in the costs of education in Singapore over the long term,” she pointed out.

Meanwhile, PBINFBF is a bond fund that seeks to provide annual income to investors through investments in fixed income securities of companies in the infrastructure sector which include power producers, highway concessionaires, utilities and telecommunication companies. PBINFBF allows investors to access the bond market, which is usually inaccessible to the average investor as it is a market for institutions where the standard transaction lot is RM5 million. “Bonds issued by companies in the infrastructure sector are generally underpinned by predictable cash flows and stable income stream over the respective issuer’s concession period,” Yeoh explained, adding that PBINFBF is suitable for investors with conservative risk-reward temperament seeking steady income streams.

The initial issue price of PBSGA30EF and PBINFBF is at RM0.2500 and RM1.0000 per unit respectively during the 21-day initial offer period from 11 to 31 May 2010. The minimum initial investment for both funds is RM1,000 and the minimum additional investment is RM100.

Interested investors can contact Public Bank’s Personal Financial Executive at any branch nationwide or call Public Bank free-phone at 1800-22-9999 during normal working hours.

Public Mutual is Malaysia’s largest private unit trust company with 75 funds under management. It has over 2,320,000 accountholders and as at 31 March 2010, the total net asset value of the funds managed by the company was RM36.6 billion.

Public mutual do not pay interest. so no rates....

i would suggest you to learn the unit trust thru a friend that selling unit trust or you can learn the basic knowledge online in any mutual fund companies' website. They have FAQ section that can answer all the beginner's question.

NOT TRUE.
for the case of public mutual, when u bought the equity (loaded fund) then switched to bond (low loaded), it will be parked as loaded criteria, when u switched back the fund to equity, there is no 5.5% charge, only the switching fee rm25 applies. Have been doing that for many years.

yes, all switch in/ out need to pay the switching fee, unless u r a mutual gold or mutual gold elite member

whenever u pump in any fresh $$ into the fund, u need to pay 5.5%

Both bond funds are good, PBFI and PBIBF, both bond funds recorded 9-11% return p.a. for the last 1 year. I have read an investment book, in long run, say 10 years time, Equity fund may not always wins Bond fund. Bond fund return could be slow but steady...

Many investors choose to reinvest the distribution, reason being distribution invested will be at NAV price, u safe on the 5.5% service charge.
If u cash out and then use the cash out money to invest manually, u need to pay 5.5%

This is a good review on Indonesian Market:-



http://www.fundsupermart.com.hk/hk/main/re...?articleNo=4148

the website is in english

The PIBond fund size is much smaller than PBond, once it get the approval to increase the fund size, think it will be re-opened.

last year PI Bond reported 7.5%p.a., better than ASW/ASM/AS1M....low risk investment.

I have both PI Bond, and PBFI, guanteik only ask about PI Bond, so i answered accordingly.

By the way, the best fixed income fund managed by Public Mutual for the time being is PB Islamic Bond, with > 10% return for last 12 months and >7%p.a. for the last 3 years.