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Public Mutual v2, PB/Public series
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reeve-826
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 Jun 18 2010, 03:32 PM
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Hi everyone!!
As i know fund have a contract period.That mean since u buy the fund,u have to wait until the fund end,only can get back all the cost invested and the % of earn.For exp,3 year or 5 year. If want to take out the money within the contract period, can not get the % of earn,and also need to pay the admin fee. What is this type of fund???
And another type of fund ,we can buy and sell anytime,however it is raise or drop its price,it does not include any charge.It seem as sotck.What is this kind of fund?
Otherwise,hope anyone can tell me there hv how many type of funds ??[SIZE=7]
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reeve-826
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Jun 22 2010, 10:15 AM
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QUOTE(heliora @ Jun 21 2010, 08:12 AM) The first kind of fund you are describing is probably the capital-guaranteed funds, it's a kind of structured investment product, some are like fixed deposits where you get a fixed 5% every year and upon maturity you are guaranteed your initial capital, or more if the fund has higher return. The second type of fund is ETF, exchange-traded funds, these are funds that track the index and are traded like stocks in the market, basically the return should mirror the KLCI in Malaysia's case, i forgot what the names are over here but i think CIMB just launched another ETF and altogether there are three. Only 2 type of fund??  So,most of the fund is the capital guranteed funds?? where can I find the ETF?? Can show me the example of this fund that list on market? |
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