UT in PM can do like FD with flexible month tenure like 1 month, 2 months or 3 months?
Public Mutual v2, PB/Public series
Public Mutual v2, PB/Public series
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Mar 19 2011, 03:05 PM
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#1
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
UT in PM can do like FD with flexible month tenure like 1 month, 2 months or 3 months?
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Mar 19 2011, 09:51 PM
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#2
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
QUOTE(David83 @ Mar 19 2011, 06:41 PM) Sorry, I thought UT like FD with interest return, now i realized UT like share market calculate by unit price.Besides, I plan to invest POGF, the latest fund. What you had on mind? |
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Mar 21 2011, 05:30 PM
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#3
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
I'm one of the public mutual agent since 2008 but I'm not active in it and my FMUTM license had expired since 2009. May I ask can I renew my license since it had inactive for a long period.
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Mar 25 2011, 12:18 AM
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#4
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
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Mar 25 2011, 02:23 PM
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#5
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
QUOTE(gark @ Mar 25 2011, 10:08 AM) Daily, but you will see the total charged in the annual report. The amount charged is usually quite substantial most of times equivalent to the dividend and interest received. Usually 1.5% management and other charges like offices expense, trustees, printing, audit etc will bring the fees to about 1.8% - 2.0% of asset. There are other hidden charges such as transaction fees, soft commission, brokerage etc which can bring the fees up another 0.5% -1% depending on their turnover. As the details shown below, beside the 5.5% charges, for example, I bought a fund on 1st JAN with initial amount RM1000, after 5.5% become RM945, let's say for the year the fund didn't gain any profit, the 1.56% (1.50% + 0.06%) will deduct my fund (RM945-1.56%) on 31st Dec every year? Service Charge Up to 5.5% of NAV per unit Repurchase Charge NIL Annual Management Fee 1.5% per annum of the NAV Annual Trustee Fee 0.06% per annum of NAV, subject to a minimum fee of RM18,000 and a maximum fee of RM450,000 per annum. You're quite familiar with the charges of funds. Did you work with any fund managers before or you're one of the fund manager? |
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Mar 25 2011, 10:20 PM
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#6
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
QUOTE(howszat @ Mar 25 2011, 11:10 PM) No, there are no further deductions from the NAV price that you see, after the initial 5.5% deduction. So how the management fee charge us? I still don't understand this stage.Some people will insist there are "hidden" audit fees and transaction fees and etc, etc, but that's totally irrelevant. The only thing that is relevant, and the only thing you are interested in, is the NAV where fees have already been deducted. The NAV is what you get in hand - so make up your mind about whether you are happy with that or not, compared to other types of investments you could make. PS: Technically, RM1000 after 5.5%, is not RM945.00, but RM947.87. If use calculator press directly, will get RM945. |
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Mar 31 2011, 04:25 PM
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#7
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
I just invested public mutual fund for my EPF since last week, the promotion you mentioned did i get it?
If my fund gain profit, will it show in my kwsp.gov.my epf account? |
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Apr 8 2011, 11:00 AM
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#8
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
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Apr 8 2011, 05:22 PM
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#9
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
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Apr 14 2011, 08:11 AM
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#10
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
I discovered that Public Mutual charge very high initial sales charge, for equity fund 5.5%, fixed income fund 3%, then later I found that fundsupermart.com offer very attractive charges which are equity 2% and fixed income bond 0% charges but they're not public mutual funds.
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Apr 15 2011, 01:05 PM
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#11
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
Public Small Cap Fund open again, is it manage by the same fund manager? Is it the suitable time to invest now?
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Apr 20 2011, 11:19 AM
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#12
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
Invested PSCF on 18th.
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Jul 22 2011, 04:33 PM
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#13
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
Public Small Cap closed? I invest once that time open but now can't do reinvest, it is not flexible for us to enter any price.
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Jul 22 2011, 05:44 PM
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#14
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur |
QUOTE(cheahcw2003 @ Jul 22 2011, 06:16 PM) I mean for those who invested in this fund, they can't do reinvest anymore. If price drop we can't purchase at lower price or can't withdraw the loss amount too. It is not flexible for us to adjust the investment, if that so i plan to quit this fund once the price hit back my capital amount then withdraw out. |
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