Yeah Australia balanced fund not bad too . Indonesia I think its overvalue currently . pb growth fund is good and you can use cashless entry by using epf . Other can use cash . Make your money worth

Thanks for the useful advice, my friend!

np

It is not possible unless market forever up. Plus it is not guaranteed.

lol, sounds like an agent in place trying to fish for business...as usual

@ insaint708, be smart, read up and u'll know . my advise, a genuine one, hold on to your cash

cash/liquidity is king when market is red.. can sapu all

I can understand, cause u never see such case. It is already proven and fact, someone already benefit out of this, real case. Nothing to debate over with proven fact. What is not possible?

What's market index in 2002, vs now? and where will it be in next 10 years? There's no need analysis certificate to plot the graph. Is that guarantee? No, but high chance to get it there (say, 3000 index)? If u don't believe it, do u have data to prove otherwise?

Do u believe unit trust will beat the share market? Not all, but there are some, do very well. We can't predict the future but we have enough data to give us confidence that we should be "there" when the times come.

Inflation is our biggest enemy. Today u buy nasi lemak RM3. in next 8-10 years u buy at RM6.

Ultimate objective is to beat inflation, and get some good profit in return. I can show real case, already did it, want to find out more? let's meet up and have some good discussion over a cup of coffee. The ultimate winner are those who know what they are getting into, take action now, the earlier, the better.

Btw, this is not share market investment. It is long term, 5-10 years. u don't wait for red to buy. Anytime is a good time.
For unit trust, with the right strategy implemented and right fund to invest in, it will be almost impossible to lose money.

Yes biz as usual, i get commission, not much though. But who win in long term? have a broader view.

Hold on to your cash = victim to inflation. That's easy choice. Make good use of your money, do some investment, not just unit trust but many other investment that u can beat inflation. The more you hold on, the longer you hold on, ur money will get smaller and smaller. Read some books, "rich dad poor dad" will give u a good idea on two different world of thinking.

bb100,

Actually, I'm in the same situation as you in considering which funds best to select. I have 40% of my portfolio in bonds, and going to switch them to equity funds, maybe next week, in 2 weeks time, or maybe next month... most likely a percentage at a time over a period of 4-12 weeks... since the stock market is volatile at the moment, maybe I should wait till some dust settle first...

If you have a big amount, something like 10k, maybe spread them over 10 months... with 1k each month.

And if you don't mind loosing RM25 for the sake of convenience, you can use a tip (given by a a wise guy here) by buying into a bond fund, paying the service charge of 0.25%, and get access to the online service, and then do the switching (transfer out from the bond fund to an equity fund) online at your own timing...

In fund selections, I did some work by going through each of the fund, checking their past performance, and jotting their percentage gain or lost in a spreadsheet, then do a simple sorting and rank them accordingly. Their performance charts can be found in PM website, link http://www.publicmutual.com.my/application...formancenw.aspx

In the excel spreadsheet, I added remarks like which funds not open for investment, & open for EPF, and comparison to their benchmarks...

Below are the top 5 funds, accordingly to my own rankings, please noted they are dated, and I would do another evaluation (and taking into consideration other factors as well, such as benchmarks, future market prospect, own gut feelings & fancies, etc.) with updated data before taking any further action. Note also that I, personally, might not select them all, might only pick one or two, or pick outside of the top 5... noting that PB and PM together have like 92 funds!

PB series:
PB Singapore Advantage-30 Equity Fund
PB Asia Real Estate Income Fund
PB Asean Dividend Fund
PB China Pacific Equity Fund
PB Indonesia Balanced Fund

PM series:
Public Indonesia Select Fund
Public Far-East Property & Resorts Fund
Public Islamic Treasures Growth Fund
Public Islamic Dividend Fund
Public Islamic Select Enterprises Fund

Cheers.

For a start, maybe begin by reading some of my previous posts in this thread? You can filter them out by clicking "Show posts by this member only"... hope they would be some help.

ittikal, small cap, regular savings is better

agree.

Guys, usually how much do y'all pump in every month into your respective unit trust funds?

Thanks.

Whoa, dude! Thanks a lot for the lengthy but super useful advice there. It is not only useful for me, but for all newbies out there.

By the way, pal, what is the difference between bonds and equity funds?

bond is stable, low risk, normally generate better interest than FD. It can be serve as temporary parking place of your money.

Equity fund is where u get ur good returns...General term from 8%-20%....

Generally most of the "rich ppl out there", have both bond and equity fund. When market down, they use bond to buy low price fund, when market is up, the profit from equity fund will transfer to bond. Hence, the rich get richer.

Normally a new investor won't invest in bond unless u have plenty of spare cash that u don't know what to do about it... heh.

anyone bought this PUBLIC NATURAL RESOURCES EQUITY FUND??

Am interested as am familiar with the raw material market e.g. steel, copper, etc

but saw the prospectus, they invested 20% ++ of the fund in Lynas Corp :\

Thanks, glad to know that my experience is of some help.

Bond funds are funds that concentrate on bonds. As like other unit trust funds, they hold a combination of various bonds issued by corporations and/or government. With the a wider coverage with a small percentage in any particular bonds, they are safer and less risky than buying a bond issued by a single corporation.

Aside from bond funds, there are money market funds too. They are even more safer than bonds, but paying less interest, as they are mutual fund that invests in short-term debt securities issued by the government.

All of these, I learned from wiki...

"A stock fund or equity fund is a fund that invests in equities more commonly known as stocks. Stock funds are contrasted with bond funds and money funds. Fund assets are typically mainly in stock, with some amount of cash, which is generally quite small, as opposed to bonds, notes, or other securities. This may be a mutual fund or exchange-traded fund. The objective of an equity fund is long-term growth through capital gains, although historically dividends have also been an important source of total return. Specific equity funds may focus on a certain sector of the market or may be geared toward a certain level of risk."

LOL.

One important different between bond and equity funds; their service charge.

PM has service charge of 0.25% for bonds, 5.5% for equities, payable upon purchase. (No entry or exit fees.)

When you first buy into a bond fund (0.25% service charge), the amount of units you will get is termed as low-load units. Loaded units are units you have already paid the 5.5% in service charge. (You will see these words when you do online...)

When you switch from low-load units (ie. only 0.25% paid) to an equity units, you will be deducted 5.5% for the service charge.

Oh, almost forgot... there is a switching fee of RM25 per switch. And when you switch in and out again within 90 days, the fee becomes RM50 or 0.75%, whichever is higher. This is to discourage people from playing around too much... like switching everyday!

It's a bit complicated to fully explained in detail... see the fees chart in this link http://fq-freedom.blogspot.com/2011/10/pub...tching-fee.html

The tactic (mentioned in previous post) of buying into low-load bond funds and later switching out to equity funds work because there is no switching fee in each switch. (Minimum units per switch allowable is 1000.) You only pay the 5.5% for the equity fund. Only extra payment is the 0.25% for the bond fund. (Correct me, if I'm wrong.)


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A Tip.

As stated, PM has many funds, that the time and get to know more about them... some equities concentrate on certain segment of the stock market ie. consumer, infrastructure, real estate, etc., some on stocks/companies that have growth potential, some on companies that provide annual dividends, etc. etc.

Get to know them on your own by reading the markets they are in, read their prospectus, and review their performance charts.

I rather tinker with their performance charts showing the past performance for the past one year, and compare all the funds I'm selecting against a certain period of time like from 1st Jan till today, than just listening to advise from someone or a sales agent.

They could be showing you a chart based on past performance since the fund commenced. Using a chart that shows a fund's past 10-15 years performance, no matter how many hundreds of percentage gained since, is like not showing anything at all... because it is more important to know how the fund is performing presently, as we are buying now, not 10-15 years ago.

Worse still, some UTC (unit trust consultants) even recommend funds that performing well, but closed for new investment. Sigh... waste time only with them!.

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BTW bond funds can out perform a "bad" equity fund. "Bad" meaning buying the fund at the wrong time, like it suddenly drop 10-30% in a couple of months after you buy it and take years to recover the 10-30%. Mind you, this is only covering the negative lost (if lucky), not yet the 5.5% service charge on the fund.

Commodities have been down for more than 20% from the peak. With USD index hits all time high, commodities won't be attractive due to its denomination in USD which make them more expensive.

Oh.. thanks for the clarifications...

but seems like Public mutual is the popular ones.. what about hongleong etc etc mutual funds

there's a gazillion funds in public mutual which are very very similar. if really streamline/consolidate those funds, probably left with a handful.

i think public mutual can learn from hwang dbs, that rarely launch new funds but yet able to provide respectable returns. superior performance over the years attracts new funds, rather than non-stop launching of nonsense funds.

just my 2 sen.

public mutual have a few very steady growth fund with very good return.