WTA
What is the best bond fund currently still open under Public Mutual? What you think of Public Select Bond? I need to have an option to park all my equities funds when the market is experiencing serious downtrend.
Tks.

Thanks for the suggestion. But, I don't think I can switch fund from my existing Public fund to PB fund.

Am I right that we can claim income tax rebate from the unit trust fund dividend payout? Which figure to fill in the income tax form?
I never aware of it only until recently.
Thanks.

This post has been edited by milentechie: Jun 17 2011, 07:54 AM

Any comments on PB Asia Pacific Enterprises Fund?

Wong Sifu,

I am new to using EPF A/C 1 to invest in unit trusts. Only started studying on how to use EPF for investing into PM funds. Mainly because of kiasi and kiasu attitude. People always say EPF is for old age.

I understand that there will be 3% charge for equity funds. What is the service charge if I invest into bond fund using EPF?

I like your idea of using bond fund as a "staging area" for DCA into equity funds.

Thanks in advance.

Haha... Out of respect ma.. I read your blog and postings here. A lot of things that you shared here are very informative.

I am still blur with VCA or TwinVest concept. Need time to study it. What to do? Brain is not smart.

In military uses, a staging area is a place where troops or equipment in transit are assembled or processed
See my avatar

This post has been edited by milentechie: Aug 12 2011, 05:42 PM

Wow...another Wang sifu.

I understand your points here and fully aware of it. Thanks for sharing.

The reason of having this idea is because EPF doesn't provide much flexibility in terms of the withdrawal. Members are only allowed to make withdrawal every 3 months. It may take up to a maximum of 21 days from the application date to transfer the money to fund manager. When this happened, I might miss the golden opportunity to buy at low NAV.

I know what you going to say next is with DCA, I don't have to care about the NAV.

---

Added on August 12, 2011, 11:15 pmIn fact, most of China themed funds by PM are not performing well since launch. I have been holding PCIF since the launch date. I almost break even before the recent market downturn. I was planning to exit and switch to a better performing fund at that time but God is not helping me.

This post has been edited by milentechie: Aug 12 2011, 11:15 PM

Some times, I don't know whether to feel happy or sad when the market crashed.
Sad because my investment value shrunk.
Happy because it mega sales. Great time to buy at discounted price.