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Public Mutual v2, PB/Public series
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kevyeoh
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Mar 20 2010, 09:29 AM
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yes...the dividend stuff is a pure BS to me... at first i thought it's really a dividend but then they actually give me the dividend units but the NAV price drops...end of the day..it's the same thing...quite pissed with that and i sold all my unit trust.... Added on March 20, 2010, 9:30 ammy earlier post is reference to this QUOTE(howszat @ Mar 20 2010, 12:00 AM) The word "Dividend" in the name of the Fund does not mean anything by itself. You still have to read up on the objectives of the fund, and what the fund actually does. There is no difference between distribution and dividends as far as funds are concerned. In fact, funds use the word "distribution" rather than "dividends". Funds "that give out dividends" is purely a marketing gimmick. Distributions are irrelevant. You need to look at the total gain in $ value of your investment, not how much distribution the fund has given out. Public Mutual has THE best website around in terms of showing the actual gain of your investments in graphical form. Public Mutual is also guilty of announcing "distributions" as if it means anything useful or relevant. Distributions are meaningless. Ignore them. This post has been edited by kevyeoh: Mar 20 2010, 09:30 AM
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kevyeoh
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May 4 2011, 05:32 PM
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stupid system... i use public bank to top up my public mutual PBIBF...and today was told that the fund is closed...
now i got my money stuck dunno where.... and i have to make extra effort to print and fax stuff to public mutual...
really stooopid! waste ppl time only....useless public mutual...
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kevyeoh
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May 5 2011, 09:59 AM
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well...my problem now is they accept the money and i have no idea when they will refund my money...it's quite a big sum for me... i'm quite pissed with public mutual...
they should have make sure they don't accept any new fund by default if the fund is closed.... how can they allow fund to be continued to be transferred into the bond fund when it's closed?
then now my money is stuck...i called 3 times...the 3rd time...the customer service told me might take up to 2 weeks to give me back my money? wtf... when want money...customer pay fast...when refund...it's always like that so slow...
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kevyeoh
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Aug 1 2011, 10:32 AM
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hi all... can anyone help me understand for fund such as PB Bond, Islamic Bond or Fixed income fund...what are the risk of the fund losing the value or money? In what example or case example will cause these funds value to drop like poop ?
thanks! trying to understand the risk first...
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kevyeoh
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Aug 12 2011, 11:22 PM
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hi experts or any agents... question...i just open a Public Mutual account and i realize that all i have is probably the slip of my account...i don't have passbook at all..
so how do i actually sell my fund and withdraw money next time? just go to bank and show my IC ?
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kevyeoh
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Aug 13 2011, 09:51 AM
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after i sold all my fund, it is still active when i check as well...weird huh... QUOTE(koinibler @ Aug 13 2011, 03:52 AM) tax on dividend only apply if we take it out right? if we just reinvest, then not need to worry about tax. when we need the money, just repurchase, then we don't need to pay tax a single cent.  this is quite surprising. different from what I know.
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