Going forward, this reason would be no longer relevant cos more and more companies are distributing tax-exempt dividends nowadays.

THanks bro

Sorry new at mutual funds so I gotta ask, with distribution this means you get extra units right? Although the unit price doesn't change much, but with new units it still means your overall amount is more than before right?

Or perhaps I misunderstood what you said above?

Please refer to:
http://forum.lowyat.net/topic/690951/+2380 onwards

Heheh - repeated umteenth time at that link.. and recently too, thus, don't let it go to waste

PCSF suxs big time... don't throw good money to chase after bad money.

In fact as of now, PM is jaguh kampung.... only their domestic fund perform better than benchmark.

Some of their bond funds are still OK for the time being.

Xuzen

Wong Sifu, we are "killing" all those "dividend salesmen"

Wong SeeFood lar - see food, no more food (all in stomach)

Nah, not killing them dividend salesmen, just ensuring bull kaka is put where it's supposed to go - thrown away and used as fertilizer

What a shame I come across this interesting debate a little too late, would love to give my 2 cents but for those who are still unsure, just believe the rest here that distribution doesn't increase your wealth.

Heheh - specifically MUTUAL FUNDS' distribution, since NAV calculations are EXACT (ignoring movements of the funds' underlying assets),
UNLIKE stock market's valuation after a dividend is shot out of a stock (imperfect).

This post has been edited by wongmunkeong: Jul 3 2012, 07:40 PM

if i switch my fund to another fund which is going to declare gross distribution soon(eg: next month), will i be entitle distribution?

yes.. distribution calculated base on how many units u r holding. not when u bought it. even if u switch 1 day before the FYE, u still entitle..... if any.

why u want to switch to the fund? is it because the distribution?

I can sense another lecture of "what is dividend/distribution" coming

hmmm.. may I know where to search unit trust fund portfolio?

which counter are they investing? and what are they doing? etc etc

monthly fact sheet

but it only shows their MAJOR/BIGGEST holdings

for full list, have to refer to annual/interim report

ie. these are useless for a stock trader to follow their buying/selling of stocks hehe

Best bet is to get chummy with someone inside but... that's a whole can of other worms

yes i want switch because of distribution. i kinda beginner in this. so it is a wise thing to do?
lets say my fund A got RM10k with NAV 0.2500 , after distribution how much i get? assume the gross distribution is 2 cent..

http://forum.lowyat.net/topic/690951/+2360

read from page 119 until finisehd.

NOT THIS AGAIN

pls read the link given by kparam

see - told U so
sorry ar Mods, 1 liner only

some PM agents must be cursing us now