Public Mutual v2, PB/Public series
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 Nov 4 2010, 12:06 AM
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#1
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Senior Member
828 posts Joined: Dec 2009   
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I don't know if this is the right place to ask..
I'm going for the CUTE revision. Can I ask what I should prepare for that? And is there any reading materials prior to the revision classes? I heard that in UTC Connect at public mutual website, UTC can have some sample/past year papers of the exam. Anyone care to share? Thanks |
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Feb 10 2011, 09:00 PM
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#2
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Senior Member
828 posts Joined: Dec 2009
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Hi all, I just want to ask about switching fees from equity to bond and from bond to equity. Is it always 5.5%?
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Feb 11 2011, 02:15 AM
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#3
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Senior Member
828 posts Joined: Dec 2009
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QUOTE(David83 @ Feb 10 2011, 09:29 PM) RM 25 for just the fee. Thanks a lot bro!5.5% will be imposed if you switch low loaded units (usually from bond/money market funds) into equity/balanced funds. Low loaded units mean units that bought without 5.5% charge imposed.  Added on February 11, 2011, 2:20 am QUOTE(buylowsellhigh @ Feb 10 2011, 09:37 PM) equity to bond is 0.25% for first time switching or additional units. Bro, that's mean if switching for the second time, it's only RM25 only?bond to equity 5.5% for first time switching or additional units. otherwise switching is Rm 25 only, unless you are mutual gold member, free 18 to 25x switching per year. Also make sure when you switch out, you leave 1000 units (not rm 1000) so the account you left out remains active, therefore when you come back again it is not considered new investment. the 5.5% is for cash, epf sales charge is limited to 3%. For example, 1st Feb - Equity to Bond (0.25% charges) 15 Feb - Bond to Equity (5.5% charges) 1st March - Equity to Bond (RM25 charges) 10th March - Bond to Equity (RM25 charges) Is that how it goes? And also, to let account remain active, both equity and bond account which you've invested must have 1000 units so that it's not considered new investment? New investment would impose first time switching fees right and not RM25? This post has been edited by thugs: Feb 11 2011, 02:20 AM |
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Feb 11 2011, 09:25 AM
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#4
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Senior Member
828 posts Joined: Dec 2009
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Bro, thanks again.
So, there's still the RM25 on top of the 5.5% and the 0.25% charges? |
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Feb 12 2011, 12:34 AM
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#5
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Senior Member
828 posts Joined: Dec 2009
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QUOTE(David83 @ Feb 11 2011, 09:51 AM) RM 25 is always the switching fee and must be paid for each switching. Oh ok. I'm just confused if we still need to pay for the service charge after we pay the RM25 switching fees... |
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Apr 10 2011, 04:36 PM
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#6
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Senior Member
828 posts Joined: Dec 2009
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May I know what fund to invest now? It seems that the market is quite good... NAV for most of the fund is quite high...
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Jun 4 2011, 08:54 PM
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#7
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Senior Member
828 posts Joined: Dec 2009
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QUOTE(debbieyss @ Jun 2 2011, 11:27 PM) Thanks for replying my post. I'm currently suggesting Public Ittikal Fund as it gives free insurance as well (at least maintaining at RM5000 investment with RM1=RM1 insured). You can get more information from Public Mutual office or get a UTC to share with you more info. Public Ittikal Fund just announced 8 sen per unit dividend. And it's one of the award winning fund.I have downloaded and viewed and compared the funds, only that I'm looking for real life experience from all of you, if Public Saving Fund and Public Ittikal Fund are reliable. Just my humble 2 cents opinion.  |
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Jun 5 2011, 12:16 PM
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#8
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Senior Member
828 posts Joined: Dec 2009
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QUOTE(debbieyss @ Jun 4 2011, 09:21 PM) Thanks... I'm not sure why your consultant never inform you. Probably he/she isn't aware of this or perhaps he/she forgot to tell you about this.But how come my consultant never inform me about this? What kind of insurance is it? Anyway, the insurance is as follow: QUOTE This insurance is specially designed to cover Public Mutual unitholders who maintain a minimum of 5,000 units and above in Public Ittikal Fund. The amount of Takaful will be equal to the number of units invested in the ratio of RM1 Takaful coverage for each unit subject to a maximum amount of RM100,000 per unitholder. Unitholders who qualify will be given group term life and group personal accident coverage. More info for the insurance can be referred here: http://www.publicmutual.com.my/OurProducts...ttikalFund.aspx Other funds which give free insurance are as follow: Public Balanced Fund PB Balanced Fund Public Far-East Balanced Fund Public Global Balanced Fund PB Asia Real Estate Income Fund Public Ittikal Fund Public Islamic Balanced Fund Public Islamic Asia Balanced Fund If you're a Mutual Gold investor (i.e. maintain a minimum of 100,000 Qualifying Points), you're eligible for free insurance too. QUOTE This Insurance is offered to Mutual Gold Members and Elite Members who maintain a minimum of 100,000 Qualifying Points (QP) with Public Mutual. The 100,000 QP can be accumulated from various accounts held as long as the unit holder is the first holder of the various accounts. The maximum coverage is RM500,000 and RM 750,000 for Mutual Gold and Elite Members respectively. The amount of insurance is equal to the number of QP in the ratio of RM1 insurance coverage for each QP. More info for Mutual Gold free insurance can be found here: http://www.publicmutual.com.my/OurProducts...MutualGold.aspx  Happy Investing with Public Mutual!  This post has been edited by thugs: Jun 5 2011, 12:16 PM |
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