what is the meaning of DCA & VCA?
DCA = Dollar Cost Averaging...
VCA = ?

How about the new fund, is it worth?

Can anyone tell me what is a benchmark and what effects it has when I am looking at a fund? for example i was looking at Q2 fund review and there is always a fund(PSF for example) total return and a benchmark total return, so how do one compare these two percentage?

p.s. still "studying" UT, still noob 

Hi all,

Newbie in UT  just would like to know the following:
1) each fund has their own 'financial year/period-ended', am I right? YES
a) does it means the bond fund will give distribution yearly after the  'financial year/period-ended'? If the ' 'financial year/period-ended' of a bond fund is on Dec 31, we buy the fund on Dec 1, are we able to enjoy the 'distribution' immediately OR need to wait for another year? Immediately
b) for a equity fund also has its 'financial year/period-ended', distribution is incidental, am I right? Depends on its distribution policy. Check its prospectus. Most of them are incidental.

2) how to check the fund's initial offer NAV price? Highest/lowest NAV price in the past... can we find out? Annual report, Fund performance graph and guessing. Most of the equity funds initial NAV are 0.2500 and bond/money market funds are 1.0000

Thanks in advance.

Thanks David83 for the clarifications.

Since the bond fund distribute every financial year/period-ended, does it means... after EPF pay the yearly dividend (lets say 5%) on April 30, then we can use the eligible $ in EPF a/c1 to invest a bond fund and get another dividend from bond fund (lets say 6% on Dec 31) in the same year... then transfer all the $ back to EPF a/c1... repeat the same process all over again... eventually, we are getting 5% from EPF + 6% bond fund dividends every year... just pay 0.25% SC only, can this work?    sorry... just some thoughts only

wongmunkeong/kparam77/David83/cheahcw2003... thanks for clarifying the UT dividends. I wish PM do not declare dividends and lets NAV value keep on increasing

but, smallcap fund drop a lot these few days....

Hi All
I have a Public Equity Fund which I have been holding since a while ago. My agent ran away (no longer reachable), can I know if I can terminate my fund account by myself and take my money back?
What is the procedures like and what charges do I need to pay for it?
Thanks!

I have an administrative question for PM-UTC/AM/GAM here:

My DDI is linked to a PB Current a/c and if I do not put enough fund in it, what will happen?

My Upline said nothing will happen and the DDI will continue as normal next month when there is sufficient fund.

The PM branch customer service receptionist told me DDI acts like a cheque and if there is insufficient fund, it is considered as dishonoured cheque and will be penalized.

Same question, two different answers. Can I get a third or fourth opinion?

Xuzen

any idea why the funds price update so slow ya?

Because market down until system also down?

Funds with shares traded in Hong Kong & Korea share market are not updated as the share market was closed yesterday.

normally they will update yesterday price this afternoon

For those interested to get some good entry point for Mutual Fund.

Today ending KLCI at 143x area.

It will be nice to split your fund into 3 parts.

1 portion, you can head into it at 1400
2nd portion, if the CI continues to go lower, you might take 1370.
Last portion, if 1340.

This is just my opinion only.

You might want to change the entry point to different level though.

Hi

I'm interested in doing DDI for my equity fund
however can i do a DDI from a bond fund? how much is the service change for a DDI from bond fund to unit trust?

but firstly is that even possible?

my agent recommended me to open a unit trust and a bond fund. so i can transfer money from both funds.

but how about doing DDI from bond fund to equity fund? do i need to pay any fee or something?

hmm maybe its not called DDI. she said instead of doing DDI from savings, just transfer money monthly from bond fund to equity.
i cant rmb the benefits already.

but if it acts as normal transaction, i still need to pay rm 25 right?

might as well i do DDI right?

hmmm ok. i guess i just do the normal DDI and not do dollar cost averaging by switching rm 200 from bond to equity

btw what do u mean lock paper profit?

Switching:

Terms and Conditions of Switching
Switching of units is considered a withdrawal/redemption of investment from a fund and an application to purchase units of another fund.
Switching of low-load units of bond/money market funds into equity and balanced funds will be subject to service charge.
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:
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.
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.
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.
Switching transacted before 4:00 pm on any business day will be processed based on the closing NAV per unit of the same business day whilst switching transacted after 4:00 pm on any business day will be processed based on NAV per unit of the next business day.
Switching for foreign funds transacted during non-business days of the funds will be processed based on pricing determined at the close of the next business day when both the Switch From and Switch To funds are opened for trading.
Public Mutual reserves the right to reject any switching request that it regards as disruptive to efficient portfolio management; or if deemed by Public Mutual to be contrary to the best interest of the fund. Switching requests which are rejected by Public Mutual would be treated as a redemption of units from a fund and a rejection of application to purchase units in the intended fund. As such, unitholders will receive payment of redemption proceeds in the event of a rejection in switching requests.
For full switching, please advise the bank to cancel your Direct Debit Authorization immediately.
Successful switching transactions will be processed within 2 business days.
Please contact our Hotline 03-6207 5000 should you require further information.

I plan to buy a new equity fund and have a DDI for it. My agent suggest me to buy PUBLIC SOUTH-EAST ASIA SELECT FUND. But, when I check performance of the fund, seems like Total return of the fund since Commencement till end-date is not really good. I know that 1 of reason is, it launch at 2007.

May I have some comment on the fund? Thanks...

oh btw is it recommended to take an agent that is provided by the bank itself or outside as in freelance or under another agency?

I do believe that all DDI or any AI will incurred the same SC 5.5% for equity / 0.25% for bond.
When enter bond fund, you will be charged 0.25% SC, then if you do monthly transfer from bond to equity, there will be another SC of 5.5%.
Make sure you do this by filling up a form of transferring monthly from bond fund to equity fund to avoid switching fees.

How to withdraw some of PUBLIC MUTUAL FUND ?

This place (ulu) don't have public mutual centre.

I got public mutual online though. Is it possible to withdraw via online ? How to do it ? Transfer to my Public bank...