It is PB AUSTRALIA DYNAMIC BALANCED FUND (PBADBF), my relative advised me to invest in Public Mutual as a start. If I were to save 300 a month, 3.6k a year, it would be 36k in ten years, plus the annual interest rate. But I am still wondering what if the NAV gone down.. and a Public Mutual Unit Trust Manager told me that although the funds will go up and down, it will eventually break even, for example if this year it drops, the following years to come will get back up, thus monthly investment.

Forgive my naivety 

I'm not sure, but the Manager gave me a piece of calculation and it is written Annual Interest Rate, once I get home I'll see what is it called again. Maybe it is called distribution as what you mentioned; by calculating the interest I get in percentage, then divide by the NAV so what I get is more units.

No, he did not say anything about annual interest rate, he told me to learn investing and suggested me this fund. The annual interest rate was something I got from a Public Mutual manager.

Is dividend the same as interest rate?

cherroy, I have indeed seen a report given by a Manager in PM written as annual interest rate. I have also seen dividend in one of my funds in a letter last year. I thought they both are the same thing.

I think u confuse abt interest rate, dividends and distribution.

Interest rate – given for bank deposits.
Dividends – in EPF / stock/ Koperasi.
Distribution – in UT.

For ur info, initially in UT its call dividends too, lately  the term change to distribution. (Cherroy correct me if I wrong)
Normally UT agent use term dividends for better understanding even though dividends and distribution NOT the same.

That why I ask u to read my blog abt how to calculate the UT for better understanding.

But it is NO way in PM statement says abt dividends.

I believe PM charge the highest SC compare to others in the market.

the outstanding record PM has, even they charge 5.5, still make them no1 UT in malaysia, and mss still growing. There are reason why many ppl choose them, and they have some really great track record funds that ppl have lots of confidence in. Even KWSP invest huge amount of our hard earn money with them.