Public Mutual v2, PB/Public series
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 Dec 7 2010, 10:11 PM
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#1
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Senior Member
4,482 posts Joined: Jul 2005 
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guys do public mutual have anything where i can cash in rm2k for 2 years time for example and on the 3rd year i am able to withdraw the money out and start all over again? I need something like that for my own personal financial investment.
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Dec 7 2010, 10:34 PM
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#2
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Senior Member
4,482 posts Joined: Jul 2005
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QUOTE(David83 @ Dec 7 2010, 10:16 PM) You can cash out anytime as long as you make sure you're not in loss when doing so. isn't there some sort of mature period? can straight cash out anytime??? then why there is 10 or 15 years plan? |
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Dec 7 2010, 10:42 PM
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#3
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Senior Member
4,482 posts Joined: Jul 2005
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QUOTE(David83 @ Dec 7 2010, 10:37 PM) Not maturity period but they'll advise you to keep for at least 3 years for gains but fund performance is very subjective; meaning some fund can break even or gain in less than one year and some fund are struggling to exceed the initial offer price. Do remember that there's a 5.5% upfront service charge imposed upon purchase. Profit/Loss is calculated based on when you bought the fund and when you cash out. Ahhh thank you very much bro! that explains. hehe |
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