beware of it bro..thr r no guaranty return n distribution in unit trust..and there are no guaranty ur principal would no affect by price up-down..

saving fund is one of the good fund frm PM. but average 12% is not guarantee. it could be 5-12% over the time and not guarantee too. its investment scheme where comes with risk.

dividedns twice a year??? only in blue moon, if the market super dooper good.

for unit trsut is call distribution, not the dividedns. dividedns is extra money. distribution frm own money, from left hand to right hand and maintain same no of units.

unit trsut not similar as saving acc. saving is saving, investment is investment.

ask the agent, after 3 month withdraw the money with dividedns?, without dividedns?, higher or lesser???

study firtst before enter.

tak untung tak-pe, tapi jangan rugiloh.

I think there's some very bad misrepresentation by agent OR misunderstanding by U. If there is such an animal paying 12% on average per year and similar to savings account, i think most of the folks here will be jumping in. Better get more detailed info.

its a 5 minutes chat and i didn't miss anything.

furthermore, he's adamant in telling me that this is not TRUST FUND but instead a SAVING. i've been in PB website and didn't find any extra info thus, my post in here.

anyway, i'll get extra info when i bump into him again. thanks.

public mutual managing the trust funds, not as the saving acc. one of the fund name is saving fund, but still unit trust.

for beginner like u, shud know abt the service charge in unit trsut, WHILE, no service charge for saving acc. u better ask abt the service charge with ur agent. if, the agent says,yes, .....................confirm it is TRUST FUND.

this for u..........

DISCLAIMER: DO NOT TAKE THIS AS UNIT TRUST SELLING MATERIAL/ PROMOTING UT. READERS SHOULD UNDERSTAND ABT UT BY READING THE MASTER PROSPECTUS BEFORE DOES INVESTMENT. THE UNIT PRICE MAY GOES DOWN AND GOES UP FOLLOW THE MARKET TREND. INVESTING IN UNIT TRSUT IS WITH UR OWN RISK. AND PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE PERFORMANCE.-----------------------------------------------------------------

How to Calculate Service Charge and the affects of market condition?

Example :
Let assume that an investor invest RM10,000 in a fund where the price is RM0.50 on that day(NAV). The service charge is 5.5% per unit on NAV price which is RM0.50.
Amount invested / NAV Per unit
RM10,000 / RM0.50 = 20,000 units


Service charge per unit = NAV per unit x Service Charge(%)
= RM0.50 x 5.5%
= RM0.0275


So, The total service Charge incurred by Investor is
= Service Charge per unit x Units credited to investor
= Rm0.0275 x 20,000 units
= RM550.00


Following the above, the total amount payable by investor is
= Amount invested + service charge
= RM10,000 + RM550
= RM10,550

tapi biasanya, SC dipotong dari amount invested,

katakan capital adalah RM10,550

formula untuk SC adalah;

SC =Service charge = 5.50% per unit of NAV.
(A) = capital = RM10550
SC = (10,550) – [(10,550) / (1+5.5%)],
SC = RM10550 – RM10550/(1+ 0.055),
SC = RM10550 – RM10550 / 1.055
SC = Rm10550 – RM10,000
Sc = RM550.

What is the affect of SC if buy at diff unit price.
As the above when the price is RM0.50, SC 5.5% =
= RM0.0275 for per unit.
For 20,000 units = RM550.00


Let say the price increase to RM0.60 with the same SC,
RM0.60 x 5.5%
= RM0.033 per unit.
For 20,000 units
20,000 x RM0.033
RM660.00


Let say the price goes down to RM0.40 with the same SC.
RM0.40 x 5.5%
RM0.022 per unit
For 20,000 units,
20,000 x RM0.022
RM440


Conclusion,
For the same SC, if the unit price is goes down, SC will be less for per-unit and vice-versa.

Above calculation base on SC per unit.

Let’s calculate base of amount paid and the affect of same 5.5% SC.

If the unit price RM0.50,
For the amount paid RM10550, total units purchased is 20,000 as per shows above.


For the unit price RM0.60,
SC =Service charge = 5.50% per unit of NAV.
(A) = capital = RM10550
SC = (10,550) – [(10,550) / (1+5.5%)],
SC = RM10550 – RM10550/(1+ 0.055),
SC = RM10550 – RM10550 / 1.055
SC = Rm10550 – RM10,000
Sc = RM550.
So, the SC is RM550.
So, RM10550 – RM550 = balance = RM10,000
Units = RM10,000 / RM0.60
= 16,666.66 units.



For the unit price RM0.40,
SC =Service charge = 5.50% per unit of NAV.
(A) = capital = RM10550
SC = (10,550) – [(10,550) / (1+5.5%)],
SC = RM10550 – RM10550/(1+ 0.055),
SC = RM10550 – RM10550 / 1.055
SC = Rm10550 – RM10,000
Sc = RM550.
So, the SC is RM550.
So, RM10550 – RM550 = balance = RM10,000
Units = RM10,000 / RM0.40
= 25,000 units.


Conclusion;
For the capital RM10,550;
If the unit price RM0.40, will get 25,000 units
If the unit price RM0.50, will get 20,000 units
If the unit price RM0.60, will get 16,666.66 units


SO,
If the unit price getting lower and lower, Will get more units for same amount of capital with same SC and vice-versa.

this is beginning only, and u need to educate yourself more abt unit trust if u want make profits.

---

Added on February 10, 2012, 10:56 amtak untung tak-pe, tapi jangan rugi-loh.

i think for cash, can do ddi, but from epf, better think first. waht i worry is abt the next election will affect the market.

This post has been edited by kparam77: Feb 10 2012, 10:56 AM

ic. PFEPRF looks not bad - last year increase 6.43% but PIX only 2.64%.
Hoping to buy 'low' but market is high now. But if don't buy afraid market will continue to keep going up.

And thus one should think of having no fear/greed entry & exit rules ON TOP of human judgement-based value
Who said cannot use multiple approaches/methods? heheh

BTW, PFEPRF - that was the one that i made about 66%+ net profit in less than 1 year in 2009 using trend entry

trend entry??????

ya, i just check, that year 2009 go up about 93% on one year.
oklah, then i will just follow your footstep to switch my money market to PUBLIC FAR-EAST PROPERTY & RESORTS FUND

Whoa bro. I've already gotten in last Dec leh, now profiting. No way can i say for sure (even in Dec) that U will "sure win". It's just a higher probability, k. Be careful and do Asset Allocation too.
Other peoples' methods may not suit U & vice-versa, yada yada yada (caveat emptor)

---

Added on February 10, 2012, 1:21 pmhttp://forum.lowyat.net/index.php?showtopi...&#entry45470710
http://forum.lowyat.net/topic/2007814/+430
Pls note it's no crystal ball yar - just higher probability of returns.
Other peoples' methods may not suit U & vice-versa, yada yada yada (caveat emptor)

This post has been edited by wongmunkeong: Feb 10 2012, 01:24 PM

okay, i still have some 'cash' to draw out to buy in the 'dip' since quite some time already didn't take out from EPF account 2.
Now about 50% Regular Saving and 50% PUBLIC FAR-EAST PROPERTY & RESORTS FUND

eh cannot switch from my islamic money market to PUBLIC FAR-EAST PROPERTY & RESORTS FUND using EPF fund?

This post has been edited by ngaisteve1: Feb 10 2012, 01:26 PM

Ah.. about EPF a/c 1 (huh a/c2? U mean U take out for mortgage but use for mutual funds? or typo and meant A/C1):
IF U didnt take out say.. $10K last qtr, it doesnt mean U can take out $20K (2nd quarter mar) this quarter coz it's based on (X-Y) *20% formula, the % is the troublemaker.

In addition EPF a/c1 can only get into EPF approved funds, which sadly PFEPRF isnt. Used to be able to do so (several donkey years ago) though before EPF changed its regulations

U cant switch to PFEPRF coz U r using EPF funds (not EPF approved equity fund)

This post has been edited by wongmunkeong: Feb 10 2012, 01:28 PM

oh ya, it is epf account 1. so which one you recommend for me to switch?

Hm.. i would recommend... getting to know your requirements first, asset allocation, etc. heheh.
I dont want to recommend buta lar. Thus, i've always tried to share the idea/concept of a holistic investment plan & methodologies.

Personally, from my own tracking & calculations:
1. PIX has been in Accumulation trend (NAV vs 50days & 200days SMA) since end Dec 2011
I've put in a chunk in Dec + another 50% recently (i see see still accumulation trend after 20+ transaction days and higher high NAV, shd be ok lar for me)

2. PAGF just entered Accumulation trend (NAV vs 50days & 200days SMA) on the 8th of Feb
If it continues for another 5 transaction days, i'll go in here as well (still lopsided % in my Asset Allocation a bit) since I want exposure to small/growth companies AND "up to 30%" foreign equities (which i have low Asset Allocation held %).

Note, I am also doing value+dollar averaging every quarter in PAGF. In addtion, "my way is NOT the only way" - caveat emptor.

This post has been edited by wongmunkeong: Feb 10 2012, 01:45 PM

Looks like you go in a lot. No fear of macro economy (GE, Euro blah blah) meh?

er.. not a lot comparatively coz i'm holding "nearly too much %" of Fixed Income assets when compared to Biz Equities & Real Estate Equities.
Thus, no FEAR fear.

Think of it another way, what IF (oh lord, another one of those ) EU decides to do a QE?
Or US goes for another QE?

Of course there are those that says, what IF the financial markets go to hell?

I dont have crystal balls, thus just trying to reign-in my % of Fixed Income.
Mind U, my % is AFTER deducting 1 years' worth of living expenses, thus, safe enough unless i spend like a multi-millionaire lor

Off Topic a bit
Of the 3 stocks i "forced buy" in Dec, 3 is making profits but the craziest is Coastal Contracts. Imagine 35%+ net profit within 1+ to 2 months! Er.. value buy lar this based on my own calculations. The other 2 was PBank & iCap (hell, who am i to argue with sales price discounts - thanks bro Gark )

This post has been edited by wongmunkeong: Feb 10 2012, 02:09 PM

wah, looks like u also got plenty of machine gun bullet too.

35% within 1 month plus is
Coastal Contracts? You mean Coastal stock?

No lar, i live cheaply thus need very little bullets heheh - simplified LIFEstyle (big on LIFE, small on style).
That's my way of having enough to invest .

Yup, "Coastal". By my calculation, it's intrinsic DISCOUNTED value was about $1.99+/-. It was, by pure luck, $1.80+ when i was sieving for value stocks to buy due to Asset Re-balancing.

nice one wong mun keong, thought i have problem with the technical jargon, it seems ur technique very systematic. i just started with hwangdbs selectbond fund, hope can learn more from you, i am planning to wait for my payday and invest 1k in public mutual, public regular saving fund should be good enough for starter?

This post has been edited by nightzstar: Feb 10 2012, 04:03 PM

Thanks for yr kind words NightzStar. It's not really comprehensive & systematic enough to me i'm sure there are much more loopholes i need to plug.
The obvious ones plugged coz i noticed my normal methods (buying value & value + dollar averaging) was pulling back too much too long, thus i had to do a forced rebalancing once my AA (Ass Allo) was really out of whack (eg. 25% to 30%+/- off the planned values).

I've shared some of my methodologies somewhere earlier (i think in Fund Management/Investment topic) asking for criticisms and feedback but none so far
http://forum.lowyat.net/topic/690951/+1850

Can help eyeball a bit and borrow your brain power?

Hm.. as a starter, i'd really suggest using only EPF a/c1 for mutual funds coz there is no cash flow impact, UNLESS U are a biz person that has no EPF.
For cash, U shd try direct REITs investment OR foreign focused mutual funds - thus there is some diversification in Asset Classes and Sub-classes.
In addition, U will then learn about the underlying assets of equity funds as well - most "investors" do not know what makes up an Equity fund or Bond fund or Mixed fund.
Just an opinion yar, no right/wrong.

This post has been edited by wongmunkeong: Feb 10 2012, 04:18 PM