Pm or asw2020 is better? My mum is gold member in pm n
she plans to transfer her money from asw2020 into pm.

Hi unitholders, currently im helping my mother to plan our family funds. First of all, she invest in PM around 1996 and invest rm500 monthly until today for my sister. Which bring a total of 172k. She just blindly invest only. However, few weeks ago my mom opened another 1 account for me. Total 108k. I dont understand how the 5.5% charge works. Now my mum got around 120k in amanah saham wawasan 2020. So after ASW2020 pay out the interests, she plans to transfer all the money into PM. So here are the questions:
1. Should we put 120k into my sister's one? Based on my calculation, the returns for this year based on my sister account is 12%. Total amount invested rm61k+, and the return is 7k+(this is for 1 fund. got another fund i dont know the amount)

Sorry im secondary school leaver so i dont know much about unit trust or mutual fund. Learning it now by the way. Because im solely looking at the return % only. Assuming invest 500k with minimum 8.5% return, can get RM42500 annually which is more than enough to bear my education fees + living expenses in college.

2. If put 120k into my account, will the return as high as in putting 120k into my sister account?
3. Is that worth to transfer all FD from other banks into PM?
4. I heard some people say PM is riskier than amanah saham. But from my POV, lately many rumors that government will bankrupt and bla bla due to corruptions. This make me trust PM more than ASW2020 but we still need to prepare for the worst case scenario. So if PM really going down, what to do? withdraw all the money?

This post has been edited by mois: Jun 27 2010, 02:32 PM

hi gark, i just checked the datails.
1st one is regular saving fund
2nd one is ittikal fund


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i) What if i put 30k into X fund, then few days later i put 70k into X fund again? It charges 5.5% from 100k or 30k?
ii) It is my mother extra FD. Around 200-300k left in FD
iii) After all since she invested in ASW2020 and not in ASB, so it is worth to transfer ASW2020(112k) into PM right?

I found Public Growth Fund(PGF) instead of Public Bank Growth Fund. The PGF no doubt performing very well along with PSF. PGF last 3 years Distrubution yield(14.7%, 20.9%, 8.5%). Meanwhile PSF D.Y are (12.6%, 14.7%, 12.4%). Those are 2007-2008-2009. Still better than ASW2020 which offer less than 7%.

I would pick those
Public Saving Fund(PSF)
Public Growth FUnd(PGF)
Public Regular Saving Fund(PRSF)
Public Ittikal Fund(P Ittikal)
Public Equity Fund(PEF)

Invested around 300k on those 5 Funds

Few days ago i received Rm4419.55 cheque from Ittikal Fund. Total Cum. Cost is RM48000. Around 9% eh. Better than putting in FD and ASM.

How to reinvest back dividend? Just dont use the cheque?

Mind to share which funds are losing money?

30% return in how many years? Annually? Which fund is that? If the agent is a close friend of yours, u can ask them to check for u. Some agents are greedy. Agents get 2% commissions if i am not mistaken.

1 year? U cant. U need at least 3 years due to 5.5% service charge

Smallcap is open now? most of the time i heard it is full

I just received a call from my agent. Equity fund has 12-13% return this year. Where to check the dividend pay out for each fund?

This post has been edited by mois: Nov 4 2010, 05:58 PM

Actually PIttikal is good.
Below are the funds that i invested. Some are more than a decade already.

PIttikal
Public Equity
Public Growth Fund
Public Regular Saving Fund
Public Saving

These 5 funds are quite stable from my experiences.

Gark, any comments?

Actually i park my parent money inside those funds since 1996. Some are newly invested. But as long higher than asw2020 is ok. Because mine full and the return for asw2020 less than 7% lol.

Overseas funds perform better? The returns around how much? Above 8% is ok for me. Last time my mom invest a little on public bond. But progress so slow then switch it to another fund. And holding the same category of funds that have steady return is not bad.

This post has been edited by mois: Nov 6 2010, 12:29 PM

Im still learning about UT actually. I am a bit too young to understand the whole concepts(im 18). But im willing to learn these things provided someone experienced like you and gark willing to guide me a little. It is good for me to start switch a few units to more aggressive funds? let say RM2k-4k worth of units?

And during 2008, the advanced investors will switch from equity fund to bond fund? since bond fund is low risk profile. I read your article regarding the switching thing. It looks simple when u draw the table for Equity vs bond. But how to predict whether the NAV is going down or up? Because it is better to switch to bond fund before the NAV of the equity at the lowest right? And then switch back to equity fund during the 'recovery mode'. Problem is im not really clear when is the best time to switch.

This post has been edited by mois: Nov 6 2010, 06:43 PM

Recently China Select and China Ittikal shooting up pretty fast. Anyone invest in these two funds?

Yea this fund is not really good for long term and perform below benchmark. But lately it bounces back strongly. what i plan to do is switch few k units since the market is good now and the NAV is shooting up. If the fund is falling, i will switch back when it falls to the NAV i bought it. This one i will monitor often. Switching is free though. So i dont count the 5.5%. What do u think? Should stay with what i have now or go 'explore' high volatile fund?

PS: I use small volume only. Probably RM5-7k. Otherwise i will be in deep trouble if my plans dont work out. . And of course i wont decide so fast. Need opinions from pros/agents.

This post has been edited by mois: Nov 10 2010, 10:03 AM

Most funds are dropping since a week ago. My agent told me not to do so much switching. Weird.

More units, more money how to more money if less units? unless the NAV stay the same.

I know it slides down after DR. But if the NAV bounce back just like it was before the distribution, still untung right?

1000units
Before distribution, NAV RM1. After DR, RM0.8. Assuming i have 1200units at RM0.8

Wait 2-3months(if market steady lah)
The nav back to RM1.
so now i have 1200units x RM1 = RM1200. Correct?

ok i get it. Do u guys choose to reinvest or pay out cheque? And do u guys switch over to bond fund if NAV drop over 5-7%? I dont want like last time my agent did nothing during 2008 crisis