No la.. That time, I want to get in because I want to get in..
Somehow, got this recruiter want to recruit my brader.
My brader no interest, but know I am finding something like this.
So call the recruiter to come to me..

Seriously, i join not because of the recruiter.. He can consider himself lucky..
I just want to get in PBMutual only. Hehe

are u sure the PBGF already closed? but I am still making additional investment for my client.

There is a new fund will be launching on 6th September..It is a quite good fund. If you interested and you want know the details,you may PM me.

Mind elaborate more on that?

Why not spell it out here since it's so good?

Hi cikgu-2 sekalian

IMHO, since most of the distributions are taxable, it is better off not to declare distributions especially for those investors that opted for distribution reinvestment.

You're absolutely right!

are you saying that if there's a fund distribution and we opt for reinvestment, we dont need to declare this distribution $ as apart of our income in the income tax assessment? I've always declared this income as my additional income, even though the amount is very small.

Sifu

In a Distribution Statement, how does the "Non allowable Expenses" get computed? Thx.

By right, you should declare it.

What bizklguy said is capital gain is highly preferable rather than distribution since whatever you sell/gain from NAV appreciation is not taxable like distribution.

I supposed you are an agent.

I have been attending sales talks or fund launching by some of my agents, who NEVER miss letting us know EACH fund Public Mutual launched is good. Public Mutual has a series of funds, which of them, particularly equities are doing good? Those who have bought the funds in 2008 during the market bad times and have been keeping these funds (as claimed by agents that these are for retirements) until now would have nearly seen a bracket on their investment profiles.

UNLESS you are investment horizon is more than 10 years, I would recommend other instrumental. You can consider a BOND fund series rather than an equity. Or if you are a supporter, try investing with your EPF (as you would have > 10 years horizon then)

does pmutual have pure captal growth fund ? eg no distributions only focus on capital growth only ?

Bro, most "flower sellers" wont tell U there are flowers that "smell bad" one

In all seriousness, maybe the best way for us to test for investment agent VS sales agent are inter-linked questions like:
1. If i buy and it goes down how?
The answer is usually buy more as it goes down, signing up for monthly standing instructions, thus doing DCA.

2. Then if it continues going down leh and stays down for 5 years or more leh, like 1997/1998 till 2006 on hit back 1400-ish how?
This Q usually separates the lousy sales vs super sales agents

3. If i keep buying and buying using DCA ar, then when can take profit ar?
I think most of the sales agents would have painted themselves into a corner by now whereas proper investment agents would have talked about entry & exit plans by question 2 liao

just my 2cents idea - your mileage may vary

This post has been edited by wongmunkeong: Sep 3 2011, 11:30 PM

Mutual fund is a basket mixed of shares traded in the stock exchange market.
Usually Mutual Fund will have distribution.

If only focuses on capital growth, then you can search at KLSE market, as some counter focuses on capital gain rather than distribution. Example : AirAsia.

yea.. i just went to public mutual, an agency manager keep asking me to buy only. i was asking her lots of questions regarding the quarterly report etc, she just said it was past & it dont mean anything, as long as now i want to earn money. she kept telling me the price drop alot ady, now enter sure earn, plus she got 17years experience bla bla bla

Hheeh - simple lor, ask her to show U her PERSONAL investments - results and methodologies.
If she's just a sales agent, straight away she'll clam up

If she does show U hers U may have a good investment agent on your hand OR some other fun Sorry sorry - couldnt help myself there.

Good point on question number 2. every investment needs to have entry and exit strategy to avoid significant losses. i personally was a PM agent until about a year ago. Invested in Public Ittikal (PITTIKAL) and PCSF (Public China Select Fund) the moment i started working in 2008. i used DCA of RM100/month on both funds and sold them last year for a realized gain of around RM2000+ excluding distributions. sold all of investment in PM to fund a property purchase instead and IMHO i think investing directly in stocks will net better gains in terms of dividends and capital gains. just do research and ask around to construct a portfolio that suits yr needs and goals.

however, i'm not saying one shouldn't invest in mutual funds or any actively managed funds whatsoever as it was because of PM i got some money to fund a property purchase. choose wisely though. don't let its marketing fool you. nowadays, not only PM but all the other fund companies are launching funds and more funds to grab market share and retail investors like us. it's like a boutique investment house that instead of adding value to the investors are just interested in gaining as much as possible from the public. my advice would be:

1) choose funds with consistency and sustainability in terms of return and cap growth. i.e: 10 year record e.g: PSMALLCAP, PITTIKAL. PBOND and etc
2) a good fixed income instrument is their bond funds. avg return per year is around 6-8%. choose wisely. again refer to point number 1.

just my 2 cents...hope it helps.

P.S: no offence to anyone or any agent of PM or any actively managed fund company. pls accept my sincere apology if i did offend you in any possible way.

Thx.

pure capital grow. incidental distribution policy funds, is focus on capital grow where there will be distribution if any. but so far all the funds has distributions.

AirAsia is the biggest shareholder of Malaysia Airlines now. Oh boy..

some investors will invest in UT base on the PLAN, retirement or education which can be in more than 10 yrs.

some wants to max their EPF money in UT too in moderate and aggressive funds.

not need to have more than 5 funds. 3 aggressive funds, 2 others enough.

i bought PISTF and PIDF during 2007/2008. goes down and up now. even not badly affected in last 3 weeks.