are you saying china, taiwan, HK and whereever PCIF invested, the stocks have not recovered?

pls read the financial statment, n take some time to google abt the those countries economy /market outlook too.

in other words, you are saying malaysia have recovered but not other countries. share your thoughts.

you need to checkout the management that manage the oversea fund whether they got expertise or not.

u said before like this...

b) by comparison, Maybank, CIMB, PBB shares which followed the dip and rebound has recovered its losses incurred during post 2008? why haven't the funds recovered as well? How can the stock market which is preceived to be riskier recovered while so called safer instruments failed?

so, u agreed that malaysia stocks (not all-lah kawan) recovered.

I personaly think the KLCI from 800 points and now abt 1500+- , Malaysia market is recoverd or almost recoverd. (share market only-leh).

Normaly i dont follow other countries market, because I personaly invest purely in local funds or with 30% exporsure to foreign market.

normaly, i dont recommend foreign funds for my clients, unless they go for it by themself.

can you share with us why overseas funds has not recovered while local funds has recovered? why has this happened? and keeping this in mind, is DDI a wise choice or are there better alternatives? let's not beat around the bush. treat this as me sitting in front of you asking you for an answer.

This post has been edited by lunchtime: Jan 9 2012, 10:43 PM

u better read the investment objective/ allocations for oversea funds in prospectus. that why investors advise to read and understand the master prospectus.

u already shud know why those overc funds not recoverd yet. if u still dont know, better stay away from foreign funds.


if u sitting in front of me, i will give the prospectus and other reading material and will follow up later.

abt the DDI, it can be both. it depends how u plan.

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Added on January 10, 2012, 8:31 amu can read tis too. http://www.publicmutual.com.my/Resources/MarketReport.aspx

This post has been edited by kparam77: Jan 10 2012, 08:31 AM

Unit trust fund price is according to the share market movement. Global share market is not so good recently, especially after the Europe debt issue, but local share market is still strong. I personally guess that is because of the coming general election.

One example is, HSCEI (main benchmark for China fund) is around 10,000 now, but it was around 20,000 in year 2007, when both PCSF and PCIF launched around that. Back to local market, KLCI is still 1,500 now, and it was also less than 1,600 when it reached peak in year 2008. If you invest in PCIF since it's launched, even with DDI, you might still suffer from loss.

DDI is a wise choice, but it's not the best, definitely. DDI is to average your buying price, but not necessary pulling down your buying price. DDI is suitable for people who has not much time to monitor the market and wish to force her/himself to save some money. It might prevent you from investing big lump sum when market is high, but not help you to earn the most.

Yes, but if and only if you believe the fund (ie. it's investment objectives) has a future.

If you don't know or have no idea or is not sure or have never thought about it or anything else apart from believing the fund has a future, DDI is a lousy idea.

It is even worse if you did it because your agent convinced you to do it.

Well said, Mr. Lee. Not many people realise that the FBM KLCI can be speculated, especially when 30% of all local counters share are owned by PNB by default.

At the same time, most investors assumed all of Public Mutual funds which involved China, are basically investing in either Shanghai or Shenzen SE, but in actual fact, the investment is neither in A, B or G shares but H. Excellent quote on HSCEI. I assumed you do read Public Mutual's QFR if you are not an agent.

As for DDI, the general idea is to ensure client average out their units purchasing price, "optimising" clients ROI instead of "maximizing" it, which would expose client investment to greater risks.

No rubbish . Correct me if I am wrong but I assumed you would have been a least, an Agency Manager by now.

Yes, KLCI can be speculated easily now, as our EPF is the largest fund in the stock market. EPF plus PNB, can have a significant control on the index.

So far, the main portion of china fund is still H shares, so looking at HSCEI is the most appropriate, but at the same time, still need to look at Taiwan index, TWSE.

I am not agency manager, but only a normal unit trust consultant with no ranking. Sometime, high rank people might not be interested to know so much, as they are more focus on sales I do this for my own interest, so still no rank after so many years

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Added on January 11, 2012, 11:00 amFor sure, if the fund has no future, no matter what's your investment method, you will still suffer from loss.
In my case, I compare the investment method regardless of the fund's prospect, just compare the method. DDI is a wise choice, as nobody can time the market. And again, it's not the best choice to get max return.

To invest in anything, for sure we have to understand how the investment works and we have to spend some effort to study which fund has good prospect and suitable for your portfolio. This is prior to what method you want to adopt. If you have failed in this step, sure no matter what's your method later, you might still be failed. This applies to stock investment or even properties investment.

Again, you have to understand it before you invest any. So, don't just do investment decision by listening to those agent or so-called consultant (even I myself is an unit trust consultant ). Unless you have engaged some professional financial or investment adviser who is independent from the investment companies, but he gets rewards directly from your pay.

This post has been edited by leekk8: Jan 11 2012, 11:00 AM

leekk8,
we r the same low profile UT consultant-lah bro. I also no High Rank.

lunchtime:
I hope, now u got the answer why local funds recover faster than foreign funds.

Public Tactical Allocation Fund, Public Islamic Asia Tactical Allocation Fund and Public Islamic Mixed Asset Fund


We wish to inform that the 1st Supplemental Prospectus of Public Tactical Allocation Fund (formerly known as Public Global Balanced Fund) and 1st Supplemental Prospectus of Public Islamic Mixed Asset Fund (formerly known as Public Islamic
Balanced Fund) and Public Islamic Asia Tactical Allocation Fund (formerly known as Public Islamic Asia Balanced Fund) dated 12 December 2011 have been duly registered with the Securities Commission. These supplemental prospectuses have incorporated changes pertaining to the Funds’ name, investment objective, policy and strategy as approved by unitholders during the respective unitholders’ meeting on 24 August 2011.

These 3 funds are open for sale on 16 January 2012. Public Tactical Allocation Fund comes with FREE Insurance coverage, whereas Public Islamic Mixed Asset Fund and Public Islamic Asia Tactical Allocation Fund come with FREE Takaful coverage. There will be a special promotion for Public Tactical Allocation Fund and Public Islamic Asia Tactical Allocation Fund from 16 January to 15 February 2012. Investors who invest into these 2 funds during the promotional period can enjoy special service charges as low as 5.00% of the net asset value per unit. Terms and conditions apply.

Please note that these 2 funds will be closed for sale once they reach a certain fund size. For more information about the funds, please obtain a copy of the supplemental prospectuses from your nearest Public Mutual branch or visit http://www.publicmutual.com.my.

For further enquiries, please call our Customer Service Hotline at 03-6207 5000

URL: http://www.publicmutual.com.my/LinkClick.a...xV8%3d&tabid=87

Agrede . Continue to sharing your thoughts with others. I wish you all the best in your career development with Public Mutual.

See ya around!

Best regards,

Agency Manager
Public Mutual Melaka Branch

Just to add/correct.

DDI is a wise choice, for sure for agent.

DDI is a wise choice for unit trust investors, provided the fund is performing and will be performing.

DDI is bad choice, if the fund is not performing and not going to perform in the future as well. It sink one into deeper loss and greater risk, and greater loss.

There is not foolproof strategy, nor which strategy is better or wise.

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Added on January 12, 2012, 11:20 amJust don't want any newbie in investment, has the wrong mindset, DDI is a must or a foolproof strategy.
They need to know the pro and con of DDI.

Not intend to encourage or discourage people to do DDI.


This post has been edited by cherroy: Jan 12 2012, 11:20 AM

Unavailability of UTC Connect and Public Mutual Online (PMO) from 6:00AM to 12:00PM on 14 January 2012

We would like to inform you that UTC Connect and Public Mutual Online (PMO) Website will be under system maintenance from 6:00AM to 12:00PM (14 January 2012) and access to the server will not be available during that period.

URL: http://www.publicmutual.com.my/LinkClick.a...Rrg%3d&tabid=87

Funds not open for investment

Public Islamic Bond Fund
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 Public Ittikal Fund *
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* Open for EPF investment

URL: http://www.publicmutual.com.my/LinkClick.a...Qwg%3d&tabid=87

I have purchase some Ittikal Fund for investment before the door close. Do this fund still perform like its history and pay good dividen?. Thinking of swap to other counter like Public Ittikal Sequel Fund, can some UTC or siful advise me on this?

i think switching not nessacary as KLCI 1500++, unless switch to bond to lock profits.

both equity fund, p ittikal moderate, and the sequel expose to high risk.

cannot compare both because sequel is a new fund.

if switching one fund to another fund, what is the charge ?