Closure of Sales for Public SmallCap Fund

We wish to inform that Public SmallCap Fund (P SmallCap) will be closed for sales
effective from 2 July 2012 (Monday). We will continue to process investments for
existing Direct Debit and Regular Investment instructions.

Following the above, investors may consider investing in our new fund, Public
Strategic SmallCap Fund (PSSCF) which was launched on 20 March 2012. PSSCF has
similar features to P SmallCap and aims to achieve capital appreciation over the
medium to long term period through investments primarily in companies with small
market capitalisation.

Please contact our Customer Service Hotline at 03-6207 5000 (Kuala Lumpur),
04-729 1500 (Penang) or 05-210 6500 (Ipoh) if you have any enquiry regarding the
above matter.

how come close already? i thought the unit price has been dropping 

NAV low, more ppl like moi sapu lar
Thus, limit hit liao (the approved size/units by SC as in Securities Commission, not service charge  , i think)
http://www.sc.com.my/eng/html/resources/gu...8_cis_utGLa.pdf search the PDF for "Size of Funds" or Chapter 11

NAV low, more ppl like moi sapu lar
Thus, limit hit liao (the approved size/units by SC as in Securities Commission, not service charge  , i think)
http://www.sc.com.my/eng/html/resources/gu...8_cis_utGLa.pdf search the PDF for "Size of Funds" or Chapter 11

i used my epf invested in public focus select fund. since feb last year until now, the return is 6%++. i dunno if i shud re-purchase it and re-invest the fund again when the market going down again.

i used my epf invested in public focus select fund. since feb last year until now, the return is 6%++. i dunno if i shud re-purchase it and re-invest the fund again when the market going down again.

I am glad so many people rush in to buy Small-cap, that leaves those better performing funds untapped and allow me more time to accumulate.

Thank you all, mucho gracias, ng koi, sieh-sieh, nandri, danke, merci beaucoup, terima-kasih.

Xuzen

i used my epf invested in public focus select fund. since feb last year until now, the return is 6%++. i dunno if i shud re-purchase it and re-invest the fund again when the market going down again.

buy when it goes down.

how come close already? i thought the unit price has been dropping 

A fund would be closed when all its shares is fully bought up (or close to that level)... nothing to do with its unit price... I don't think anyone buying into or selling out of the fund will affect the unit price.

Also when the price is lower, it does not necessary means it is performing poorly... it might be lower because of the economic situation in general, but it could also be out-performing its benchmark... an unit split or distribution at its financial year-end could also lower the unit price.

(Just my 2 cents... and trying to sound like an "expert".  )

I don't think anyone buying into or selling out of the fund will affect the unit price.

yes, it is.

unit price will effect by UIC.

What is UIC?

My switching in and out of a fund will affect its unit price? Really? Please expand...

UIC = Unit In Circulation.

lets say Fund A.

daily units in the fund A will be change due to in/out no units daily. so its will effect the unit price.

unit price = NAV (fund value) / UIC.

pls read how the unit price calculated in master prospectus.

cheers.

yes, that's make sense.

there's an old joke... don't recalled it punchline or humor; but it's something like this... An investor was buying into a stock every month and as the stock had steadily increased 6 months straight, he was happy buying it without fail... so at the end of the 6th month, he wanted to sell and harvest the profit. But his stockbroker said there is no buyer. How is this so? The stock price had steadily climbed the past 6 months, he asked. Stockbroker said he was the sole buyer in the stock, and he himself has steadily bid up the price the past 6 months!

thank god PM has millions of units in a fund, and thousands of unit holders buying and selling...

or maybe I'm wrong about PM... should I be scared? 

Hi guys,

Here's the situation: a bond fund switched into equity fund (PIOF) 2 weeks ago, and as of yesterday, gained 2.7%. It would be going up a bit today, and KLCI is just 3 points below 1600 at the moment.

Switched out penalty is 0.75%.

Should I lock in the gain and pay the penalty or let it be and allow it to sink when the market goes down?

Will the downside be more than 3%, wiping out all the gain plus much, much more?

Or will the market maintained its level (slightly below or above) for another 2.5 months?... which by then the switch out cost is only RM25.

What's your opinion?