Public Mutual v2, PB/Public series
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 Sep 15 2010, 12:03 AM
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#1
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Newbie
4 posts Joined: Dec 2007  
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I am a nooobie beginner in investing. Hope my question not too stupid.
If i had UT as in PBAEF and it made profit. To secure my profit i can switch my investment to BOND by just paying rm25 . And I can switch it to another equity when i think is a good time to invest high risk investment by just paying rm25 again . I don't have to pay the 5.5%, right? is what i understand about switching and parking is right? thanks for answering my noob question. |
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Sep 15 2010, 10:48 AM
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#2
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Newbie
4 posts Joined: Dec 2007
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QUOTE(David83 @ Sep 15 2010, 12:07 AM) Switching loaded units (bought from equity funds by paying 5.5% service charge) to equity/bond funds only requires to pay switching fee of RM25. Thks David83, I think mine is loaded because it is equity and i am charged 5.5%NAV.Switching the other way of non-loading units (bought from bond/money market fund by paying <1% service charge) to equity fund requires to pay RM25 switching fee plus service charge. In other words: Equity ---> Equity/Bond: RM25 Bond/Money market ---> Equity: RM 25 plus 5.5% service charge. Bond ---> Bond: RM 25 [attachmentid=1781172] It depends whether your unit is consider loaded or non-loaded units.  |
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