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 Public Mutual v3, Public/PB series funds

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SUSDavid83
post Aug 22 2011, 08:23 PM, updated 12y ago

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Public Mutual Berhad (Public Mutual) is the largest private unit trust company in Malaysia and currently manages more than 70 funds with total NAV of more than RM34.3 billion for more than 2,000,000 accountholders. Incorporated in July 1975, Public Mutual began its operations in 1980 with the launch of the Public Savings Fund, and soon went on to become an industry leader and setting forth new trends in innovative fund development.

More: http://www.publicmutual.com.my/page.aspx?name=aboutus
Main page: http://www.publicmutual.com.my/

1. Daily NAV price posting

URL: http://www.publicmutual.com.my/application/fund/detail.aspx

2. Public Mutual Onine

URL: https://www.publicmutualonline.com.my/

3. Fund Performance Chart

URL: http://www.publicmutual.com.my/application...erformance.aspx

4. PBebank Internet Banking

URL: http://www.pbebank.com/en/en_content/personal/index.html

5. Important charges

Service Charge

Equity fund
Service Charge: 5.5% of NAV (excluding initial promo and DDI)
Repurchase Charge: NIL
Annual Management Fee: 1.5% p.a of NAV
Trustee Fee: 0.06% p.a. of NAV subjected to min fee of RM 18k p.a. and max fee of RM 600k p.a.

Bond/Money Market fund
Service Charge: 0.25% of NAV
Repurchase Charge: NIL
Annual Management Fee: 0.75% p.a of NAV
Trustee Fee: 0.035% p.a. of NAV subjected to min fee of RM 18k p.a. and max fee of RM 300k p.a.0.25% of NAV

Switching Fee

QUOTE
1. Switching of low-load units of bond/money market funds into equity and balanced funds will be subject to service charge.
2. Switching of loaded units may incur switching fee (of up to 0.75%) which is deductible from the redemption proceeds. The net proceeds will be processed into the "switch to" accounts based on the NAV per unit at the close of the business day:
3. For switching request made within 90 days of the date of purchase of units/switching into the fund, a switching fee of:
- 0.75% or minimum RM50 per transaction will be deducted from the redemption proceeds for switching from equity/balanced funds.
- 0.25% or minimum RM50 per transaction will be deducted from the redemption proceeds for switching from bond funds.
- RM50 per transaction will be deducted from the redemption proceeds for switching from money market funds.

4. For switching request made after 90 days of the date of purchase of units/switching into the fund, a switching fee of RM25 per transaction will be deducted from the redemption proceeds.
5. For Mutual Gold & Elite Members, the 18 and 30 switching entitlements valued at RM25.00 each can be used to offset switching fees incurred. For eg; if the switching fee incurred is RM75.00, a switching entitlement of RM25.00 can be used to offset the switching fee, thereby unitholder only incurs RM50.00 on this switching transaction.


6. Previous version

v1: http://forum.lowyat.net/topic/511793
v2: http://forum.lowyat.net/topic/1299169

This post has been edited by David83: Sep 25 2011, 12:30 PM
kintsuchi
post Aug 22 2011, 08:24 PM

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nice pb
SUSDavid83
post Aug 22 2011, 08:25 PM

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QUOTE(kintsuchi @ Aug 22 2011, 08:24 PM)
nice pb
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What is so nice?
SUSDavid83
post Aug 22 2011, 08:50 PM

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For those asking about the coming distribution for PSMALLCAP, here's its distribution history for your reference:

[attachmentid=2400335]

Not sure the timing is good to declare distribution since global equity is being wiped out for the past two weeks!
kintsuchi
post Aug 22 2011, 08:52 PM

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QUOTE(David83 @ Aug 22 2011, 08:25 PM)
What is so nice?
*
working there hehe
SUSDavid83
post Aug 22 2011, 08:54 PM

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QUOTE(kintsuchi @ Aug 22 2011, 08:52 PM)
working there hehe
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You work there?
kintsuchi
post Aug 22 2011, 08:55 PM

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QUOTE(David83 @ Aug 22 2011, 08:54 PM)
You work there?
*
in pb but cant tell u which part whistling.gif
koinibler
post Aug 22 2011, 08:56 PM

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Congrat on V3,
It seem that the topic become hot when the market down laugh.gif
monsta2011
post Aug 22 2011, 11:02 PM

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How long does it take to have a license granted after sitting the CUTA exam?
guanteik
post Aug 23 2011, 07:44 AM

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QUOTE(David83 @ Aug 22 2011, 08:50 PM)
For those asking about the coming distribution for PSMALLCAP, here's its distribution history for your reference:

[attachmentid=2400335]

Not sure the timing is good to declare distribution since global equity is being wiped out for the past two weeks!
*
Thanks for the information, David. Looks like DR will not be able to sustain on that amount, unless cut off is way earlier, for e.g. early this month. Anyway, my strategy would be the payout option, rather than the reinvest.
wongmunkeong
post Aug 23 2011, 07:57 AM

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QUOTE(monsta2011 @ Aug 22 2011, 11:02 PM)
How long does it take to have a license granted after sitting the CUTA exam?
*
From memory - within a month.
kparam77
post Aug 23 2011, 10:54 AM

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QUOTE(wongmunkeong @ Aug 23 2011, 07:57 AM)
From memory - within a month.
*
i got it within a week.
kparam77
post Aug 23 2011, 11:03 AM

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from koinibler:

Anyone can clarify that even though the sales charge mention is 5.5%,
but in reality its always deduct only RM 5.21 from RM 100, mean the sales charge only 5.21%

Is my calculation are wrong?
---------------------------------------------
how many uunits u got for RM100? waht is the unit price?


Ryan Soo
post Aug 23 2011, 11:04 AM

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Is it a good time to invest in Unit Trust now?
Stock market tumbling downwards in last 2 weeks and read some news in The Star business that it will continue falling...wonder did you all still see opportunity in Unit Trust?
kparam77
post Aug 23 2011, 11:12 AM

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QUOTE(Ryan Soo @ Aug 23 2011, 11:04 AM)
Is it a good time to invest in Unit Trust now?
Stock market tumbling downwards in last 2 weeks and read some news in The Star business that it will continue falling...wonder did you all still see opportunity in Unit Trust?
*
it can be good or better but not the best time. we cannot time the market.

its medium to long term, means 3 yrs and above to c the actual returns. if the timing is so good, u can c the return before the 3 yrs.

so, interested? waht is ur plan actualy? profit taking? or capital grow? going for steady dividedns?
milentechie
post Aug 23 2011, 11:27 AM

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QUOTE(kparam77 @ Aug 23 2011, 11:03 AM)
from koinibler:

Anyone can clarify that even though the sales charge mention is 5.5%,
but in reality its always deduct only RM 5.21 from RM 100, mean the sales charge only 5.21% 

Is my calculation are wrong?
---------------------------------------------
how many uunits u got for RM100? waht is the unit price?
*
http://www.publicmutual.com.my/CampaignsPr...enCampaign.aspx
Bonescythe
post Aug 23 2011, 11:32 AM

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Start with bond first lo if cannot time the market, and market so volatile smile.gif
wongmunkeong
post Aug 23 2011, 11:49 AM

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QUOTE(Ryan Soo @ Aug 23 2011, 11:04 AM)
Is it a good time to invest in Unit Trust now?
Stock market tumbling downwards in last 2 weeks and read some news in The Star business that it will continue falling...wonder did you all still see opportunity in Unit Trust?
*
IMHO:
i wouldnt start any Equity Fund investment right now if i dont have any Equity Funds investment program started yet.
Reason: By my own tracking, KLCI's mid-long term trend (Current KLCI vs 50DMA vs 200DMA) has been in Distribution since early Aug 2011. Best not to fight the mid-long term trend.
The last time this occurred was in March 2008 and it continued on to bottom at end 2008 / 1st qtr 2009

As i've already have 3 equity fund investment programs running using "TwinVest" (a DCA & VCA approach) + 2 using DCA , i'll just continue along with these without starting any new ones.
Reason: My risk exposure is lowered if i continue because TwinVest & DCA gets more "oomph" (or value lar) when buying into a down market, rather than SWITCHING off now which will be "Sell low but Bought low-high"

Just my 2cents

This post has been edited by wongmunkeong: Aug 23 2011, 01:23 PM
monsta2011
post Aug 23 2011, 11:52 AM

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QUOTE(wongmunkeong @ Aug 23 2011, 07:57 AM)
From memory - within a month.
*
QUOTE(kparam77 @ Aug 23 2011, 10:54 AM)
i got it within a week.
*
Thanks smile.gif
Can one be an agent of PM and other fund houses after getting the license?
lytros
post Aug 23 2011, 11:54 AM

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QUOTE(kparam77 @ Aug 23 2011, 11:03 AM)
from koinibler:

Anyone can clarify that even though the sales charge mention is 5.5%,
but in reality its always deduct only RM 5.21 from RM 100, mean the sales charge only 5.21% 

Is my calculation are wrong?
---------------------------------------------
how many uunits u got for RM100? waht is the unit price?
*
That is because the service charge is a percentage of the NAV per unit and not from the amount paid.
To make things simpler, I use the following formula to determine total service charge. (I forgot how i came up with this 2 years ago!)

Total charge = (Amount paid / (100 + SC)) x SC.

For example, assuming RM 100 paid and SC of 5.5%:
(RM 100 / (100 + 5.5)) x 5.5
= 100 / 105.5 x 5.5 = 5.21

If you replace the SC with 5.5%, then the end result is equivalent to 5.21% of amount paid. But you can use this formula for any other SC rates as well.

If anyone else got an easier formula do share!

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