GreaT job guys, new thread!

To me, their objective is almost the same as PIABF and PIADF, except this fund is investing in midcap companies with USD1Bil. Pls read the prospectus properly before deciding...

This post has been edited by guanteik: Jan 19 2010, 06:35 PM

@faytleingod
Most PM equity funds starts from RM0.25/unit...
I'd say this is a high risk fund. Just... read its prospectus and expect your agent to explain to you

@audy
If I were you and would like to purchase PIALEF, I would wait. Why? Hint - these funds follow quite closely with stocks market.

@MakNok
I was thinking the same... hm, I don't reinvest those distributed amount.

@MakNok
This is not the way of investing in unit trust. But I came across a lot of people who followed your way.

---

Added on February 8, 2010, 3:21 pmBursa may be facing 10pc correction in first half

THE Malaysian stock market could expect to see a 10 per cent potential correction in the first half of the year amid concern that global economic growth was faltering.

In stating this, Great Eastern Life Assurance (Malaysia) Bhd chief investment officer Richard Lin saw the year as a challenging one for the market.

"For the first quarter, the market is expected to be volatile," he told a luncheon meeting in Kuala Lumpur last Saturday.

"It is all a confidence issue now, but you will see single-digit positive performance, if any, this year."

Last Friday, share prices on Bursa Malaysia ended the week lower, with the key barometer falling to its lowest point since November 4 last year, dragged down by losses in heavy-weights. Sentiment was affected by sharp losses on Wall Street and regional bourses.

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) dropped 11.2 points to 1,247.9 points.

Lin said, however, that the expected correction should not cause too much concern as it would provide an opportunity for investors. - Bernama

http://www.btimes.com.my/Current_News/BTIM...es/ge6/Article/

This post has been edited by guanteik: Feb 8 2010, 03:21 PM

@MakNok
What if the market in correction straight after you get the distribution payout, just like the recent PIX's case? You will see a lost.

I do not trust the capability of Public Mutual fund managers when it comes to investing in the China market. Other markets, they still do well

@David83
I think most probably PFES in your list will be green for the moment...

@gark
Wait for tomorrow

I wonder what's the purpose of PM coming out so many different funds e.g. Far East has got PFE-Select, PFE-Infrastructure & Telco, PFE-Dividend now PFE-Apha 30 with a lil of objectives being tuned, instead of improving the existing funds.

It's not that the existing funds are being performed fairly well e.g. PFES launch price was 0.25 until now it's yet to reach 0.30.

Launching a new fund is just another marketting trick to me.

@David83
Do not need at least 1K to enjoy the 5.25 service charge. Just minimum amount will do

But I did not try the transaction through PBe.

@shanelai
I always have poor perception towards Public Mutual Fund Managers especially on their China Funds (PCSF,PCIF...). I had this fund before and sold it off - All.

I think PFETIF has been doing quite well from the time it launched until now...

@shanelai
China Funds managed by PM are at loss, even until now. How to declare?

@Dannyl
Check with your PM agent. They should be able to provide you the full details from the day you invest until now.

@simplesmile
Market is not crashing, but in a correction phase. You may want to lock in some profit you have made previously if you have.

@Aurora Boreali
Since you are losing $, no point selling it. Unless you need the cash, else leave it as it is. You may want to consider topping up while the price is low.

And for the investors, I think we need to be prepare for the "double dip" to happen...

We Might see another great fall in shares price.

@MakNok
If you read financial news, you will know the answer. Even though Malaysia market has its own rules, it's affected by other major market.

@pergilahsayang
Most PM funds (equities) are investing into stocks market, the concept is, you gotta get in the right time, and get out the right time too in order to earn.

@tomato123
If I were you, I will hold to PAGF