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

If you want to invest in broad spectrum shares, but do not want to pay the high fees, you can consider ETF or Closed End Funds  available in the share market. Each top up however will cost you 0.42% only vs. 5.5% of most unit trusts.

EFT = Electronically Traded Funds, similar to unit trust, but must buy and sell in the market (so subject to price fluctuations). So far the only ETF available in the market are index or passive funds. Examples include DowJonesTitan25 (Malaysia), CIMBAsean40 (Asean) and CIMBXinhua25 (China). The expense ratio of these funds are below 1% p.a.

Closed End Fund = Also similar to Unit Trust, but additional units cannot be created and destroyed. You have to buy those units from other unit holders. There is only 1 CEF in Malaysia, iCapital.biz (Malaysia). Expenses are similar to other funds at 1.5% p.a.

All the above have no sales fee, but have brokerage fee of 0.42% to BUY and SELL. You can purchase them from KLSE via a broker, from other unit holders.

How is the performance of those EFT funds? As I know, we cannot sell them out if there is no one interested on it.

is not PM fund managers who made the losses..China government stepped in to control their economy early of this year..thats why their prices dropped..although now China funds are picking up..but overall still under performing..if you're unhappy with the returns can just switch a portion to other stable funds..recommended to invest only 20% of your portfolio in one particular country..

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Added on October 3, 2010, 3:33 pm
SmallCap is a good one..

why take 2-3 yrs..? My mum only take 1 month plus to break even..

why go for short term..? can consider public bond fund

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Added on October 3, 2010, 3:36 pm
yes you can..but no agent servicing only..

im also a UTC..can PM me if you need assistance..

i know some fund only use short period to break even...
but what i referring is after the distribution pay out...the market price drop, so it shown is loss even u received the dividend (Reinvest or pay out also same)...

Opps you got me wrong. I nvr sell any of China funds to clients, i will only recommend 2 or 3 the best ones among those still available for purchase.

PFES is really agressive whilst as mentioned PNREF doesn't really perform. Perhaps the UTC is trying to mix the two up for some reason, but I can't think of any good one.

there is indeed a difference between lumpsum buy or top up monthly.
Let's say the fund's value is going up every day.
If you do lumpsum invetsment, then your money have more space to grow before the next downturn.
Topup monthly means you add a certain amount of investment per month. Obviosuly in an up market, this means that topup monthly strategy grows money slower than lumpsum.

To put simply, let's say you invest RM 10,000 versus 1,000 for 10 months. Market is up everyday. Obviously you want your RM 10,000 to grow asap instead of RM1,000 per month.

You can also combine both... where your start in lumpsum mode and part of your earning every month goes to the fund.

Then there is the other factors such as diciplined investment, dollar cost averaging (you can google this)

Public Mutual declares over RM236 million of income distributions for 9 funds

Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for nine of its funds. The total gross distributions and unit split declared for the financial year ending 31 October 2010 are as follows:

Fund | Gross Distribution / Unit |Unit Split
Public Industry Fund | 5.00 sen | -
Public Equity Fund | 4.50 sen | -
Public South-East Asia Select Fund | 1.00 sen | -
Public Sector Select Fund | 2.50 sen | -
Public Asia Ittikal Fund | 1.00 sen | -
Public Islamic Asia Balanced Fund | 0.75 sen | -
PB Australia Dynamic Balanced Fund | 3.00 sen | -
PB Asia Real Estate Income Fund | 0.75 sen | -
Public Islamic Bond Fund | 5.00 sen | 1:25

how to calculate dividend rate?
use the dividend paid over the market value of the last trading day b4 the dividend paid?
or based on how much i brought?

It makes people who don't know any better happy because they are getting dividends, hence it makes people want to buy more.

It gives the company something to announce, wow - look at all the dividends we are giving out.

It keeps the price per unit low, so more people will buy it because they think it is "cheap" .

It doesn't matter if the NAV is high or low, the investment stays the same. If you invest RM1000 (excluding sales charge), for example.

if NAV = RM 1 = 1,000 Units x  Rm 1 = RM 1,000
if NAV = RM 25 = 40 Units x Rm 25 = RM 1,000

The total amount is the same regardless, and the future earnings will be the same, so what is the difference? I have invested in funds which each unit is about 100+USD, it has performed better than my PM fund which is RM 0.25 per unit. 

Only those who does not understand how UT works worry about unit price and amount of dividend given, these are the tricks of the trade to fool the average investors.  These are the same thinking as some of my friends who says RM 0.10 share is "cheap" and those RM 10+ shares is "expensive" no matter what company is behind it 

I heard a speculation that early of next year, market price may fall. anyone heard of this? invest now or later?

Nope I mean Guaranteed Funds, they are very misleading investments. 

Yea a lot of people lost confidence for the market at the moment. Bad news are more than good news. And i have already switched my fund to bond. Profit around 10-12% havent include 5.5% hefty charge.  . My agent totally ridiculous. I told him to do the switching, he told me many people start to invest alot after prices fall few days ago. And say few more things to encourage me to hold. 

Yeah it is normal people will buy when the price drop. And it is normal to sell when the price is high too. Anyone who invests a large volume at this like this will bear a higher risks, no? But in conclusion, we have to do some homeworks not just dump money inside UT 

sorry i visit the wrong place. so hong leong 'assurance' offers the thing I want.

so if im looking for retirement plan, PB unit trust is not suitable for me ? I need 10 year commitment with 7~8% return. I understand being risk adverse the rate I get is only 5% (bond), but I'm still trying to search for it.

PS: I want a guaranteed rate of return, not as volatile as the unit trust =/ past performance is not an indicator for future price? hahah