In the first page of this topic, I saw "Repurchase Charge: NIL" But how come I see in my monthly statement of my regular saving fund a 5.5 tax when i repurchase every month?
Public Mutual v3, Public/PB series funds
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 May 9 2012, 05:27 PM
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Junior Member
11 posts Joined: May 2011 
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May 9 2012, 05:32 PM
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Junior Member
401 posts Joined: Oct 2005
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Repurchase is when you sell your units back to Public Mutual, where PM "repurchase" the units from you.
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May 9 2012, 05:39 PM
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Senior Member
6,439 posts Joined: Oct 2008 From: Mlc to PP ?  
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any website that i can view all mutual fund profile base on company ?
can view performance, portfolio, alpha, beta, unit price, risk and blabla ? |
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May 9 2012, 05:40 PM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere
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QUOTE(autobeng @ May 9 2012, 05:27 PM) In the first page of this topic, I saw "Repurchase Charge: NIL" But how come I see in my monthly statement of my regular saving fund a 5.5 tax when i repurchase every month? Beng, just to clarify: a. when U BUY from Public Mutual, U get whacked for 5.5% service charges. b. when U SELL back to Public Mutual, called Repurchase, there's 0% charges Thus, U sure U are using the right terms for the right actions and not confusing one for the other? |
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May 9 2012, 09:46 PM
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All Stars
52,874 posts Joined: Jan 2003
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Another term for repurchase is redemption of units; i.e. meaning sell off your units in holding.
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May 9 2012, 10:38 PM
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Senior Member
952 posts Joined: Feb 2011
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QUOTE(j.passing.by @ May 9 2012, 03:09 PM) Understood. distribution decide by FM. i think most of the equity funds decline past 12 month and recover. "Technically, the net asset value of the fund is unchanged after a distribution." It's suppose to read the net asset value of the fund 'you are holding'; as I was writing from the viewpoint of an investor, not the company. The total net asset would, of course, be less after a distribution, after taking into account the pay outs and management fee and tax. The important point is that as an investor, if you're waiting to sell, you don't need to time the transaction to be after a distribution; as the NAV is reflected in the unit price at all times. Selling a day before or after the fund's year-end date is the same - barring market activity the following day. Can anyone explained why there is distribution in Public Far-East Telco & Infrastructure Fund as it was in decline the past 12 months? Is it making money to declare a distribution and hence pay tax? Or is it money held in reserve from its profitable period over 2-3 years; which then makes "the NAV is reflected in the unit price at all times" invalid. http://www.publicmutual.com.my/LinkClick.a...LY%3d&tabid=248 Added on May 9, 2012, 10:54 pm QUOTE(dewVP @ May 9 2012, 03:38 PM) What's the diff between PM and PB? To be clear, no issue if use maybank, only worry abt IB transfer fee.I don't have any public bank account. Only maybank. So what I need to do now? both PM and PB sell UT. but manage by PM only. get an agent to guide u or PM me. http://grow-money77.blogspot.com/p/how-to-invest.html Added on May 9, 2012, 10:56 pm QUOTE(rkg38 @ May 9 2012, 04:47 PM) any charges for SI from this 2 banks? yes but not sure abt the date options.is it the same option available, 8 or 18 of the month? Added on May 9, 2012, 11:01 pm QUOTE(autobeng @ May 9 2012, 05:27 PM) In the first page of this topic, I saw "Repurchase Charge: NIL" But how come I see in my monthly statement of my regular saving fund a 5.5 tax when i repurchase every month? when u sell ur units, who will buy it?the company hv to buy back the units from u. so, its call repurchase. no charge apply for this in PM. 5.5% u paying is service charge when u buy units everymonth. service charge/sales charge applicable when u buy units every time unless any special offer for 0% SC. This post has been edited by kparam77: May 9 2012, 11:01 PM |
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May 14 2012, 08:59 AM
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All Stars
52,874 posts Joined: Jan 2003
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Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 4 May 2012 for your information. Regards Customer Service e-mail proclaimer This e-mail and any attachment is intended for the addressee(s) only and may contain information that is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its contents is strictly prohibited. If you have received this email in error, please notify us immediately by return email or our hotline 036207 5000 and delete the document. This communication has not been transmitted via a private or secure link or in encrypted form and is therefore subject to the usual hazards of Internet communications, nor can it be guaranteed that this communication has not been the subject of unauthorised interception or modification.
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May 17 2012, 10:47 AM
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Senior Member
1,232 posts Joined: Jun 2008 From: ¯\(º_o)/¯ 
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PRSF -0.0088 @_@, PRSF dropped badly recently.. F
After distribution since 2months, is 0.6270, now 0.6103. This post has been edited by JeffreyYap: May 17 2012, 10:48 AM |
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May 17 2012, 10:54 AM
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Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land
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QUOTE(JeffreyYap @ May 17 2012, 10:47 AM) PRSF -0.0088 @_@, PRSF dropped badly recently.. F You should have top up a little bit yesterday since there is 1.5% drop on KLCIAfter distribution since 2months, is 0.6270, now 0.6103. |
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May 17 2012, 11:12 AM
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Senior Member
1,232 posts Joined: Jun 2008 From: ¯\(º_o)/¯
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QUOTE(mois @ May 17 2012, 10:54 AM) You should have top up a little bit yesterday since there is 1.5% drop on KLCI Since it dropped 0.0088 i maybe will topup today*assume no more dropping. |
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May 17 2012, 11:22 AM
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Senior Member
952 posts Joined: Feb 2011
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QUOTE(JeffreyYap @ May 17 2012, 11:12 AM) Since it dropped 0.0088 i maybe will topup today today, market up-loh*assume no more dropping. |
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May 17 2012, 11:25 AM
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Senior Member
2,243 posts Joined: Nov 2005
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luckily i switched my PSMALLCAP fund.
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May 17 2012, 11:27 AM
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Senior Member
1,232 posts Joined: Jun 2008 From: ¯\(º_o)/¯
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QUOTE(kparam77 @ May 17 2012, 11:22 AM) today, market up-loh Ya i heard before 2pm, the NAV is yesterday right? So i will top up today. |
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May 17 2012, 11:30 AM
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Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land
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QUOTE(JeffreyYap @ May 17 2012, 11:27 AM) Ya i heard before 2pm, the NAV is yesterday right? So i will top up today. No. If you buy today, the NAV you bought will be shown tomorrow. Today NAV in PM is yesterday one. |
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May 17 2012, 11:53 AM
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Senior Member
952 posts Joined: Feb 2011
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QUOTE(JeffreyYap @ May 17 2012, 11:27 AM) Ya i heard before 2pm, the NAV is yesterday right? So i will top up today. if u top up today before 2.30pm. u r buying at today closing price, not yesterday.if u top up after 2.30 pm, it will be tommorow closing price. PRSF, is local market, so it will update daily. only those funds has foreign exporsure will update in the next business day. |
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May 17 2012, 12:26 PM
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Senior Member
2,980 posts Joined: Jan 2007 From: Mount Chiliad 
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QUOTE(kparam77 @ May 17 2012, 11:53 AM) if u top up today before 2.30pm. u r buying at today closing price, not yesterday. its not easy to understand this if have different point of view.if u top up after 2.30 pm, it will be tommorow closing price. PRSF, is local market, so it will update daily. only those funds has foreign exporsure will update in the next business day. i faced this situation many times when discussing about this matter with my fellow friends. we are arguing, but we actually agreeing on the fact. it just that the way we understand how it works. its funny. |
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May 17 2012, 12:55 PM
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Senior Member
1,232 posts Joined: Jun 2008 From: ¯\(º_o)/¯
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QUOTE(kparam77 @ May 17 2012, 11:53 AM) if u top up today before 2.30pm. u r buying at today closing price, not yesterday. You mean if i buy today before 2:30, the price is 0.6103 http://www.publicmutual.com.my/application.../fundprice.aspx right?if u top up after 2.30 pm, it will be tommorow closing price. PRSF, is local market, so it will update daily. only those funds has foreign exporsure will update in the next business day. |
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May 17 2012, 01:12 PM
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Senior Member
952 posts Joined: Feb 2011
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QUOTE(JeffreyYap @ May 17 2012, 12:55 PM) You mean if i buy today before 2:30, the price is 0.6103 http://www.publicmutual.com.my/application.../fundprice.aspx right? no, that is yesterday closing price.for today, u hv to wait for today's closing price. |
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May 17 2012, 01:51 PM
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Junior Member
401 posts Joined: Oct 2005
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QUOTE(JeffreyYap @ May 17 2012, 12:55 PM) You mean if i buy today before 2:30, the price is 0.6103 http://www.publicmutual.com.my/application.../fundprice.aspx right? When you buy before 2.30pm the price will be today's price, which will be announced on the next working day - normally around 11 am - 12pm.This post has been edited by lytros: May 17 2012, 01:51 PM |
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May 17 2012, 01:59 PM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere
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QUOTE(lytros @ May 17 2012, 01:51 PM) When you buy before 2.30pm the price will be today's price, which will be announced on the next working day - normally around 11 am - 12pm. PM's website updates NAV at around 8pm to 10pmHeheh - i've been grabbing the NAV via my Excel for awhile now. eg. today's PRSF or PIX end of day NAV will be on PM's website at 8pm to 10pm tonight eg. The foreign focused funds will show yesterday's end of day NAV by 8pm to 10pm - like PFEPRF, PFES, PRSEC Usually 8:30pm have already but sometimes gawd knows why, late 10pm only domestic focused funds are updated. This post has been edited by wongmunkeong: May 17 2012, 03:50 PM |
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