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 Public Mutual v2, PB/Public series

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echoesian
post Jul 8 2011, 09:51 PM

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Just wanna know from you guys, how do we deduct the income tax from our UT distribution when we file our income tax?
echoesian
post Jul 9 2011, 12:41 PM

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QUOTE(wongmunkeong @ Jul 9 2011, 09:23 AM)
er.. bro, found this:
http://www.kpmg.com/Global/en/IssuesAndIns...xation_2010.pdf

3.1 Taxation of funds
Dividend income
Unit trust
For Malaysian taxation purposes, a unit trust (except for approved Real Estate
Investment Trusts (REITs) or Property Trust Funds (PTFs)) is treated as an
investment holding entity.
With effect from the year of assessment 2008, a single tier income tax system
has replaced the imputation system. There are transitional provisions that allow
taxpayers to utilize their existing dividend franking credits up till the end of the
year 2013.
Under the imputation system, a Malaysian resident company is required to
deduct tax at the prevailing corporate tax rate on taxable dividends paid to its
shareholders. This tax is already accounted for through the tax paid by the
company on its taxable profits which is accumulated as dividend franking
credits (Section 108 credits).
When shareholders receive taxable dividends, they are entitled to a tax credit
for the tax already paid by the company in respect of the income. Those credits
are then used to offset the shareholder’s tax liability.
Under the single tier system, profits are only taxed at the company level and
dividends received by shareholders are exempt from tax.
The following types of dividend income are also exempt from tax:
• Tax exempt dividends received from companies enjoying tax incentives (or
which had previously enjoyed tax incentives) which are paid out of exempt
income; or
• Dividend income received from sources outside Malaysia (foreign source)
and remitted to Malaysia (except where the recipient is a resident company
carrying on the business of banking, insurance or sea or air transport).
U know something more than KPMG or i misread ar?  blush.gif
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That means, we do not need to file tax for the distribution that we earn for unit trusts?
echoesian
post Jul 19 2011, 11:18 PM

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PIF cannot topup anymore now?
echoesian
post Jul 30 2011, 12:32 AM

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Public Growth Fund seems performing very well for the last ten years.. but is it available for purchase now?
echoesian
post Aug 4 2011, 09:00 PM

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What is the service charge for additional investment?
echoesian
post Aug 5 2011, 10:05 PM

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I thought additional investment no need to pay service charge anymore?
echoesian
post Aug 7 2011, 01:37 AM

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QUOTE(cheahcw2003 @ Aug 1 2011, 08:05 PM)
Funds not open for investment

 Public Islamic Bond Fund
 Public Islamic Opportunities Fund
 Public Islamic Sector Select Fund
 Public Bond Fund
 PB Islamic Bond Fund
 Public SmallCap Fund
 Public Global Balanced Fund
 Public Ittikal Fund
 Public Islamic Select Treasures Fund
 Public Islamic Balanced Fund
 Public Islamic Asia Balanced Fund

Updated as at end of July.

Sources : http://www.publicmutual.com.my/LinkClick.a...SFE%3d&tabid=87
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SmallCap and Bond Fund is excellent performer... but cannot buy now sad.gif really regret...
echoesian
post Aug 8 2011, 01:03 PM

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Public Regular Saving Fund is it consider a bond fund?
echoesian
post Aug 8 2011, 02:16 PM

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KLSE red red red all the way....Hahaha it's good time to invest in equity funds now....
echoesian
post Aug 8 2011, 08:43 PM

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Is it a good time to buy any REIT stock now?
echoesian
post Aug 10 2011, 06:56 PM

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QUOTE(cheahcw2003 @ Aug 10 2011, 04:12 PM)
It is reopen now, sure u can
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actually how do they announce if a fund is closed of reopen? where can we find out the info? sometimes open sometimes closed it's confusing...
echoesian
post Aug 10 2011, 11:58 PM

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QUOTE(debbieyss @ Aug 10 2011, 07:21 PM)
Small Cap very the expensive leh.... 1 unit costs about RM0.8122
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It's expensive because the historical performance is outstanding!
echoesian
post Aug 11 2011, 12:06 AM

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QUOTE(cheahcw2003 @ Aug 10 2011, 07:10 PM)
It is listed in PM website under "news" portion. Agent usually have the 1st hand info from PM
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I don't see any news that are talking about the reopening of SmallCap fund for investment
echoesian
post Aug 13 2011, 12:36 AM

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Public Mutual China funds are sucks
echoesian
post Aug 13 2011, 12:48 AM

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QUOTE(kparam77 @ Aug 13 2011, 12:40 AM)
ya, locals better at the moments. but in future??
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Don't talk about future, talk about current the NAV already lower than the launch NAV!
echoesian
post Aug 13 2011, 11:36 AM

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QUOTE(Irresistible @ Aug 13 2011, 02:44 AM)
Public Dividend select fund , also making loss.

Bought around RM 0.31  (Average cost = RM 0.32 if include management fee) , now RM 0.27  cry.gif
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Because you bought it at peak prices


Added on August 13, 2011, 11:37 am
QUOTE(kparam77 @ Aug 13 2011, 11:17 AM)
good move bro,

my acc not affected so badly.

is it good move to move from ittikal to smalcap?
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Great move... I have also invested in PSMALLCAP after it has reopened recently... this fund has won many awards this year

This post has been edited by echoesian: Aug 13 2011, 11:37 AM
echoesian
post Aug 21 2011, 10:36 AM

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Public Bond is closed
echoesian
post Aug 21 2011, 02:10 PM

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QUOTE(Quinn @ Aug 21 2011, 02:03 PM)
I would like to understand, ppl would switch funds to bonds because they want to protect their investment. At difficult time like now, does it mean bond is better? If we bought at a good low price, should we consider to change to bond? When market is recovering., when switching back to fund, will we loose more? My friend says, ppl who keep switching between fund and bonds will end of day will not make a good profit. What's your opinion?
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Because each switching costs money

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