Its a difficult decision, no doubt. But the point is your trust fund is focused on China and what the potential over there in the immediate to short term. Maybe you think your fund manager may be able to readjust its portfolio to make a comeback but after these few years, has it actually shown any recovery and what was reported from its interim reports.

Actually, to those who are familiar with stocks investing, the truth is they will prefer to do their own investing than "trust" these fund managers.

Being a technical analysis person, you obviously know that it has to go together with fundamental analysis and vice versa is true and one cannot go without the other.

Hi, any1 holding PB CHINA AUSTRALIA EQUITY FUND (PBCAUEF)? It has been more than 2 yrs, bought since launched and still making losses. Called and the agent from Sri Petaling has resigned. agent out there should inform client when to sell whether profit or not. when buy that time say how good is the fund, china and australia booming, better than put in FD. nonsence PB agent only know take commission without alert client.
election is coming, any idea should hold or sell off. making lost of 30% now.

PB Mutual funds are mostly not really a good performer afterall

I hope my fund manager able to make a swift for me ... as of my agent ... seems like lost contact already ... din update me anything on the fund.
yea, i would say im just not that good in stocks investment.

I agree. Even though some people say that fundamental analysis & technical analysis is like oil and water, but many others has been succesful using both.

For example, some fundamental analysts use technical analysis techniques to figure out the best time to enter into an undervalued security. By timing entry into a security, the gains on the investment can be greatly improved.

Alternatively, some technical traders might look at fundamentals to add strength to a technical signal. For example, if a sell signal is given through technical patterns and indicators, a technical trader might look to reaffirm his or her decision by looking at some key fundamental data. Oftentimes, having both the fundamentals and technicals on your side can provide the best-case scenario for a trade.

As long as you don't dabble in dead or worthless stocks, whichever analysis you use, the worse you can expect are just getting the timings wrong and the longer term results will still be positive.

Just remember that only 5% of the market players make monies on the average.

It's lagging now... no PM only, other fund also same. Equity fund exposure feel the heat of worried share markets around the globe, so invest wisely.

I know there are some people bought good dividend blue chips and hold it. They invest for the purpose of collecting dividends as cash flow. One very good example is Zhulian. Zhulian distributes dividend 0.12/year and it is all tax exempted. Based on currently price, whole year of 0.12 dividend are still gaining about 6% of dividend yield, which is not bad.

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Added on July 26, 2012, 11:46 pmSad to say that, many agents will just tell you how good is this fund this and that. Many of them did not care about the it at all once after you have bought from them. I am not saying all agents are bad. There are still some offering very good advise. My idea is, if you personally feel that there is other investment tools like shares or other funds are able to give you better return, then why not just sell it and go for better one?

This post has been edited by silentemotion: Jul 26 2012, 11:46 PM

Sad to hear that. But I bought Public Australia Equity Fund about one year ago and now it is close to break-even. I suggest you should hold your fund as your fund's investment horizon is long term, ie min 5 years. As the price is dropping now, you should park your extra cash into the fund to average down the buying cost.

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Added on July 27, 2012, 9:02 amNot really. Some performs better than peers in same category.

This post has been edited by Alvan86: Jul 27 2012, 09:02 AM

They're more superior in local funds.

ya right, doubt you are one of UT agent. what sort of very good advise, talk even louder than customer, ""if you personally feel that there is other investment tools like shares or other funds are able to give you better return, then why not just sell it and go for better one?"" or else customer service telling me hold it for another year, market sure will bounce back.
this is my first and last time buy UT that conned by PM agent. look is 33% loses, not 3%. worst investment tool. keep for 5 years? gosh, donno wat will happen. by then frame the cert on the wall remind me the stupidest mistake made.

Bro, sorry to butt-in ar.
When one invests, one should also have "exit & holding plans" - ie. cut loss, take profit and let it ride, not just buy in / enter.

33%? Sorry ar - it's not much compared to those who lost in 1998 KLCI dropping to 230+/- point from 1,000+/-. That's 80%+ losses
More recently, end 2008/early 2009 - 40%+ drop in KLCI.
Thus, instead of swearing off a certain investment vehicle (each time kena bitten), may be best to learn and manage risk.

Don't trust anyone blindly with your money.
If U do, then it's plain greed + hope working - which are not the best partners to make $.

Just a thought

This post has been edited by wongmunkeong: Jul 27 2012, 10:06 AM

i also have friends burned everything in 1 single local share. i didnt say he is wrong, i just dont like his attitude. is my mistake, without study invest money in UT by just listening to the agent when i walk in the branch to deposit money. bad agent are just spoiling good agent's rice bowl. i agree plain greed+hope working=gambling. thats y thinking should hold or sell now rather than -80% from UT. non here share same situation with me?
do majority here making money from PM UT?

Hi all,

I have been browsing this thread on and off... and lately it seemed that most of the new posts and posters lost the plot of what Public Mutual is all about. I may be wrong...

To me, PM is old man's retirement planning, a financial tool for regular savings. What's the b****ing of losing money in 2-3 years all about? And comparing it to stocks & forex? It already has a high entry cost, and will lose 5.5% upfront when buying its equity fund, so why the hue and cry? Do enlighten me...

As mentioned, a unit trust fund to me is long term financial tool ("long term" in my definition is more than 7 years, and more like 10-20-30 years for retirement planning). It is long term regular savings; and the "wealth" is from your savings and you get "wealthy" from your job or business, which generates the savings. I have yet to hear of people becoming fabulously rich from "investing" in unit trusts, or maybe I'm wrong, as usual...

Yeah, in my previous posts, I mentioned losing some money in PM, but I don't blame PM or its sales agent. I understood that the "unit trust consultants" are sales agents, not my personal financial planners.

I lost money because I did not do "dollar cost averaging". And secondly I treated an aggressive fund as if it was a balance fund; and bought into it in a big lump sum (at the wrong time). In short, I treated unit trust as a one-time investment instead of being a regular savings financial tool.

Anyway, it is "paper" lost as said by one poster, as I have yet to make a total withdrawal from PM; and is confident that all would be fine when the current global economy turns around. In the meanwhile, I am starting another portfolio, and will (hopefully) get it right this time.

Cheers.

This post has been edited by j.passing.by: Jul 27 2012, 05:09 PM

when transferring back public mutual to epf account, will the gain being taxed?

Nope, no tax but if U ever bring it out from EPF to Pub Mut again, kena whack service charges again.

This post has been edited by wongmunkeong: Jul 27 2012, 07:19 PM

I was approached by some Public Mutual rep some 6 years ago to invest my EPF money in Asia Ittikal Funds.

Until today, it has not made me any money.

4+ years ago, I invested in China Select Fund. Until now it is getting nowhere and still losing money.

And yet I see Public Mutual advertising in the newspaper saying their investment has done wonderful returns.

Am I THAT UNLUCKY to be the only one losing money with Public Mutual?

I have lost faith in mutual funds ....

Not just PM, EVERYONE ELSE investing in China-focused funds LUMP SUM during 2008-2010 will be still in the red now.

And did u do some homework on your own?

If u don't have the technical knowledge and time to do so, did u keep pestering your agent about your investments?

Don't just complain if u did nothing about it.

P.S. - I'm not PM agent, nor am I a PM client. I'm anti-PM in fact But I find that investors like u...too many of them around.

This post has been edited by Pink Spider: Jul 27 2012, 08:37 PM

If I had bought a lemon (insert car brand here), will it help if I pester the car salesman?

Yes, not a special case; in fact very common... but don't la give wrong direction; also maybe not easy to find that agent now after 4-6 years! So better vent anger here.

not only you my friend...

i tot we already have a Public Mutual Thread?
admin, can u merge it?