is that a good return compare to last year?

Most is drop lor......

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PDSF return is very bad this year

Good news & bad news... good distributions for the 3 funds... all 3 funds closed for fresh investments!

(I think I will put in some fresh funds from EPF on Monday into one of the above funds, even though I had said no more investment into PM...)

Actually I'm just curious, why are you guys excited about income distribution from unit trust funds? It's just taking your own money and reinvesting it into new units. Your net wealth doesn't increase a single cent.

+1.
fund not like share market.The price wont rise pun if give dividend.I buy pb fund 2 years liau still

Not necessarily true. Kindly check the link below: http://www.fundsupermart.com.my/main/resea...?articleNo=2234


This post has been edited by izzudrecoba: Jul 1 2012, 12:42 AM

Are you trying to start a debate whether distribution increases the NAV of the fund? Please don't... just ended one over at the other thread.

But a good distribution does shows that the fund is showing returns for the year... if you have been holding it for some time like a year or more... it's so much more exciting than holding a dead fund that shows negative returns.

---

Added on July 1, 2012, 11:42 amAgree on that not every fund is giving returns. So to balance the news, below are the year-end 30/June PB funds that are not on the distribution list:

PB Singapore Advantage-30 Equity Fund
PB China Asean Equity Fund
PB Asia Equity Fund
PB Euro Pacific Equity Fund



This post has been edited by j.passing.by: Jul 1 2012, 11:42 AM

Actually it's the same goes to share. When a share like dlady distribute dividend like rm1/0 lots, when the EX-date reached, it will automatically drop rm 1 too. A fund that is able to distribute dividend does show that that fnud is earning and in good cash flow condition. Wherelse like China Select fund, i do not think it can.

Those funds distribution policy is not annual and they're not committed to declare it unless they're performing extreme well and have excess cash that they don't have idea where to invest too which I highly doubt that given current world economic situation.

no need extremely well... just positive returns would do, and PM will announce to the whole world.

Come I join u here

Let me add a useful point to consider

A unit trust fund can have 3 types of gains:
(1) Income from dividends received and interest received. Often, these are received in the form of cold hard cash. These are REALISED INCOMES.
(2) Net gains from disposals of investments (proceeds from disposal LESS cost of sale). This is also a REALISED INCOME.
(3) Fair value gains i.e. market value/"paper" gains. This is an UNREALISED INCOME.

AFAIK, a fund can only make distribution/pay dividend from its REALISED INCOME.

Thus, it can be said that, only a fund with healthy operating cash flows can make distributions.

BUT

It does not necessarily mean that a fund with healthy operating cash flows is better than one without. Why?

Let me answer using an example/illustration...

XYZ Dividend Fund received lots of dividends during the financial year, and so it is in position to to declare dividend for the financial year. It did not dispose any of its equity holdings during the year. Its portfolio of investments registered a paper loss of -30% due to adverse market conditions.
NAV movement for a fund with such performance is likely to be negative, but it still can declare a dividend.

ABC Dynamic Growth Fund received zero dividend and just a little interest income during the financial year. It does not declare dividend for the financial year. Similarly to XYZ, ABC did not dispose any of its holdings during the year. Its portfolio of investments registered a paper gain of +18% due to its superior stock picking in the volatile market conditions.
NAV movement for such fund is likely to be positive i.e. NAV should have risen by about 18% during the past 12 months.

Get it?

i hate Public Mutual
coz now got charge for switching for less than 90 days...
0.75% fee.

Have stop investing New fund into my portfolio.

much ado about nothing... because us simple investors only care about returns, only the positives ones, the negative ones good riddance!

i think somewhere inside there does explain why a recent fund, with 'incidental' income, and negative NAV per unit can gives a distribution.

yes, now has to pay to fiddle with the switching - because now too easy to do it online... previously it was too cumbersome doing it via the phone... press 1 for english...

my reason to stop investing new fund is due to the service charge... okay-lah pay service charge to UTC for first several years, but now after more than 10-15 years, and can do online, still want us to pay the UTC for no service... PM should revised the pay structure; I think UTC all kena con, because once they bring in a new customer, customer most likely to remain loyal and stay for life. How can they do like insurance agents, when we only buy insurance once in a lifetime, but unit trust is different... we keep buying till retire. Now i still not sure what to do with bulk of EPF when withdraw at 55; sure don't want to invest in PM.

Ya, bought it but like not moving...

U can dollar cost average it.

Not this AGAIN

Bro, I humbly invite u to read the recent series of examples, illustrations and explanations on what dividends/distributions mean to investors

Here, read from Page 119:
http://forum.lowyat.net/topic/690951/+2440

This post has been edited by Pink Spider: Jul 1 2012, 09:40 PM

CIMB clicks is having promotion, all equity funds that invest via cimb clicks are with 1.88% promotion.

Details: http://www.cimbclicks.com.my/unittrust_intro.htm

Damn ... started since June 1 and I didn't aware of it.

Should have grab the chance to topup CIMB Principal Australian Equity Fund when Australian market slided to the lowest last month!

This post has been edited by David83: Jul 2 2012, 12:02 AM