i used to trade with marketiva..but this platform still have some weakness.not many indacator.When we want to withdraw the money,we need to pay usd8..but with meta trader 4,foc...still marketiva is user friendly..

just usd1 is needed...

looking to invest in unit trust

can you guy recommend some unit trusts that have high growth potential and good peformance record?

I see Public Mutual is kind of good. However something I hate about unit trust is that the management fee is kind of high in Malaysia.

Yes, public mutual always have better performance and earn more returns. The management fee is still ok, but the service charge is high...around 5-7%...

i am invested with public mutual.....the investment period of quite long..at least a couple of years to really see any returns... if looking for short terms gains then it would have to be more speculative investments..but returns would be better...

hello to all investment ppl or experts out there I've a question, how do you guys look at those global based funds that malaysia currently has? Could it bring better gain compare to local funds(malaysia based) ? Any comments? THankss.

It depends on how much return you expect to get. If your are hoping to get 25-30% ... that's almost impossible. ...
A good performing mutual fund can give return up to 15-18%.

Yes, mutual fund is long term investment, you only can see return after 3-5 years. Global based fund may perform better than local based fund, but it still depends on world scenario. If Asian face economy crisis, sure global fund is good, but if europe face economy crisis, then local fund is good...Normally, we expect 8-10% return from mutual fund, after deduct the charge and fee.

of course if ur a lucky bumi, just dump ur excess funds into ASB and u can earn about 9-10% per annum there already...minus risks...

I do agree with you unit trust management fees is quite high in malaysia, however try to look at different side of view about this. The 6.5% fees is only charge once when u invested. Let say u invest your money for 5 yrs, u only have to pay about 1.3% per year while your return is about 8-12% per year. i think its still pretty reasonable.

In Public Mutual, the fees only will be charge for the first 3 yrs of investment, if you invest more than 3 yrs, there will be no more charge frm Public Mutual execpt for the management fees. For your information also, here we in Public Mutual manage to cover back the service charge fees within 12 months and some of our fund manager takes only 3 months to cover it back.

This post has been edited by pidah: Nov 3 2006, 05:15 PM

There are a few tips before you like to consider investing in any unit trust:

a. The expected return is always from a medium to long term investment (3-5 years). There is a case where a client already insisted for return after one month of investment even though I have mentioned about ROI vs. time invested

b. Get yourself the best unit trust consultants (UTC) or so called financial consultants among the best by checking is/her sales, promotions, achievements, etc.

c. If you are not ready for any risk, please do not invest. Just save wherever place you are comfortable with.

d. There are fees and charges involved and investors are adviced to consider the fees and the charges before investing in the fund


The best one also should be able to advice you with the following things:

1. The right time when the fund is good to redeem/cash out the money.
2. To use switch from one fund to another whenever there is dividend or split unit to be announced, so that it can maximize the ROI
3. Explain detailed about the Dollar Cost Averaging
4. Clarify that NEVER invest the money that you plan to use in 1-2 years if you do not feel to take any risk. Invest in others.
5. Explain much about the risk level in unit trust. Here, of course, I cannot tell much about it.


and also you must remember that there are 3 type of source of return from UT which are:

1. The rise in unit price (We call it capital appreciation)
2. The annual dividen/distribution/bonus declared
3. The unit split declared.

Of course at one point of time, once the item 2 and 3 declared, there is no value added, but once the unit price increase.., the value RM will definitely increase..


just want to share my 6.5% knowledge about unit trust.

This post has been edited by pidah: Oct 10 2006, 04:45 PM

So the service charge is monthly or what? I haven't receive my statements in this yet.

*PS* I am interested in the Global Fund newly offered by Public Mutual. I understand is a high risk and I do not mind.

I've just deposit for my employee their salary today which one of the benefits includes ASB. I've noticed that ASB do no indicated the price per unit compared to ASN and others. So any time deposit doesn't matter. *sigh* life isn't fair

zOMG i never thought of that. the fund company allow the loophole like this? i though it'll be too late whenever we heard of the announcement coz they use the backdate calculation or sumthin, hence new buyer got no benefit from that?

the 6.5% charge will impose only on your FIrst Innitial investment, its not monthly charge. On the subsequent investment there will no more 6.5% charge, only the management fees about 1.5% per annum of Net Value Aset (NAV)






Well if u interested maybe we can meet up. i will explain everything.

some info about Public Global Select Fund - Public Global Select Fund






thats the benefits in Unit Trust, we got Switching facilities to minimize all the risk. and at the same time gain more returns.

This post has been edited by pidah: Oct 10 2006, 04:37 PM

Where can I open a CDS account in KL, Malaysia?

I tot switching funds there's charges and not really that worth it?

Yes, I am interested in the promotional period but I'm not around Malaysia

Some of the fund apply switching fee, but some don't. If not mistaken, public mutual has no switching fee, pidah please correct me if I'm wrong. However, you only can switch among the funds that have similar service charge, else, you need to pay the extra service charge.

Pidah, about the global fund of Public Mutual, does this fund invest directly into foreign stock market or invest to foreign funds?

You can open CDS account in any stock broking company. The list of stock broking can be found from Bursa website. If I'm not wrong, you can open it at OSK, Maybank, Public Bank, RHB, Hong Leong, etc...

http://www.bursamalaysia.com/website/bm/br...ers_states.html

List of brokers' office by states