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My consultant ask me to buy this fund and every month DDI. Later 3 yrs check back this performance and it is dissapointing.

Got stuck.

I imagine those who bought at ealier stage. Starting price 0.25 to compare now.

This post has been edited by Seremban_2: Jul 21 2012, 04:01 PM

I was one of those who bought at high. Luckily I have switched to PSMALLCAP to cut loss. Net loss still high even though PSMALLCAP did provide positive return since I switched out from PCSF.

Unbearable pain and emotional dissapointment with this investment after checking it. It is making a 4 digit lost and 2k++.

If I switch, it will lost in capital depreciation and sales commission.

I'm not sure about you. But I rather switch into a better performing aggressive fund in order to cut loss or break even at least.

For me, on that day I switched out, PCSF is at loss of RM 981.26. Now, for my PSMALLCAP, I have a paper gain of RM 268.21 (as of Friday posted NAV).

Make your own judgement and don't rely too much on your UTC. Not flaming them but ultimately, the decision is still on you!

PCSF for those can tahan high volatility. if u cannot tahan, dont wait, just switxh to bond funds at the moment. there are many local funds doing well.

You may consider other fund especially those dividend funds e.g. pdsf. Recently consumer product shares rising a lot e.g. dlady, nestle, carlsbg etc. I realized dividend based funds are doing not quite bad these days especially those invested very high percentage locally one.

I have 1 more question to ask: do unit trust agents have to declare income tax since they are working on commission basis and have no statutory form from Public Mutual?

This post has been edited by debbieyss: Jul 23 2012, 12:30 AM

I don't know about other "agents", but i do declare to income tax - even though it's mostly "sales to self", the commission$ from Public Mutual are considered income. Heck, i don't want the tax man cometh

BTW, Public Mutual have started sending out those statutory forms - pretty funny for a "strict and by the book" organization to miss out such things in the earlier years.

Dont know what process to take but all i know is, YES.

When you make a switch to another fund, sales commission or service charge is not lost; what was paid is already paid... yes, you will miss the rebound (IF, and it's a big IF, it ever happens).

Looking at its 3-year performance chart, it is on the decline since mid of 2011, with lost of about 25% from 22-July-2009 (if you have made a lump sum investment at this day), plus the service charge of 5.5%, it is a NEGATIVE 30%.

Since you're making monthly DDI, you have average out the highs and lows, and the depreciation is not likely to be as bad as 25%.

IMHO, you should continue and wait for its rebound before making any switch to another fund.

You could opt for a slight rebound, not a total rebound that will breakeven and recover all the lost, since this fund goes up and down very sharp and very quick... so don't hope to time the switch perfectly. Another method would be to switch out partially, about 20-30% at a time.

The main reasons in my suggestion to hold on and not stop the DDI is:
1) Unit trust is long term savings. (I prefer using "savings" than "investment".)
2) You are making monthly DDI.
3) Buy low, sell high. This is the mantra... if you switch out now, you're buying high, selling low.

All the best.

With China growth is slowing down, don't expect a high rebounce in short term.

how many invested in in this public mutual using their EPF? wanna check on the statements i have received ...

anyone?

er.. bro - instead of posting vague items, just state your Qs here lar.
Ask ada orang do PM via EPF --> then if yes? if no?

Straight away just plonk your Q here better isnt it? And if U did read earlier posts - there are quite a number of folks here doing EPF A/C1 to mutual funds.

Just a thought

few years back i bought 2 types of public mutual funds too
as of now ... it's still losing money .... superb disappointing.

wanted to withdraw the money and start invest in other investment.

What fund is that? Public China Select Fund?

1. china
2. islamic

Same boat and not selling. Rather wait it go back to normal rate then sell.

i waited for years adi .... lost hope on public mutual ... in the beginning i tot of waiting it to break-even and sell it off
BUT till now still losing ... i rather take the money n re-invest in other places.
i earn back my lost in mutual fund in my forex .... it managed by my fund manager too.

Interesting...
For FX, fund managed:
How much did U put in, when and now what is the amount?
Which fund house ar? Local or overseas?