Hi,

Anyone mind explain why I was charged twice for switching? Somemore is RM50 + RM25. Total RM75. I did not do any switching for the past three months. I thought the charge would be only RM25?



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Er.. U switched how many units in total ar bro? 3,600+ or 120+ ar?

If U did switch 3,600+, then the answer is staring U in that statement leh - look at the units switched.
Some units were below 90days, some units were after 90days purchase

New "rules" in SWITCHING quite awhile ago


This post has been edited by wongmunkeong: Sep 7 2011, 02:01 PM

Aiya.. Didn't realize that switching in less than 90days for purchase also counted. I did invest RM100 every month. Rugi lah..

ya, for those before 90 days, min RM50. after only RM25.

next time, u just switch those units more than 90 days.

Last 3 months I bought Public Mutual using EPF for below fund.

P.Ittikal
Public Saving Fund

Now, I can withdraw another 8k from EPF. I decided to invest 2 funds, but having hard time to choose between the below funds. Opinion..or any other fund worth to choose this time?

PUBLIC DIVIDEND SELECT FUND
PUBLIC ISLAMIC DIVIDEND FUND
PUBLIC REGULAR SAVINGS FUND
PUBLIC SMALLCAP FUND

smallcap not for epf scheme.
the rest ok. i hv this 3 in my epf shecme. still holding without switch to BOND yet.

u can go for this 3. but thnik first either hold in bond and later switch or just go for it.

Just to my sense, do not buy today cause today the market is up, so u will buy with more expensive price. I think friday is another good day to think of it =)

U sound like a "mutual fund collector" Well, better than a bag or shoe collector for wealth building purposes i guess

Seriously though - what's your plan? aim? entry/exit rules? reasoning to buy previously and now?
If no cohesive plan, then maybe any equity fund do-able via EPF would seem to be good enough.

I'll play the devil's advocate for now - PAGF & PSSF.
Reason: Works well for my own entry & exit rules
+ check out PAGF's 10 & 5 yrs' performance (top 25%tile for PB/PM i think) VS it's 3 to 1yrs' (top 50%tile for PB/PM i think) ending last week.
+ PSSF's 3yrs & 1yrs performance (top 25%tile i think)
I posted these stats earlier somewhere in PM V3 thread - look for it.

This post has been edited by wongmunkeong: Sep 7 2011, 03:09 PM

Since the money sit in EPF cant do anything... I just withdraw and buy something lor.. rather than use my money to buy .. ahhaha

entry & exit rules ? I believe no for me, as I didnt plan to withdraw it, as it will going back to EPF account ...

My bad - fleshing out Entry & Exit:
Entry - as in DCA, Lump Sum, VCA, Trend following etc
Exit - as in SWITCH from Equity funds, to Bond funds XX% or 100%
WHEN Trend hits xxx, Transaction net profit hits xx%pa or yy% if less than 1 year (abnormally high), etc.

Of course dont lar redeem and then incur another 3% when U go back into Equity funds from EPF

Hahaha..Oright! Anyway, NO as well for entry & exit. Don't even know how to evaluate all that.

Was thinking of the new PB Bond Fund. Any thoughts on that so far?

Thanks David83 for the clarifications.

Since the bond fund distribute every financial year/period-ended, does it means... after EPF pay the yearly dividend (lets say 5%) on April 30, then we can use the eligible $ in EPF a/c1 to invest a bond fund and get another dividend from bond fund (lets say 6% on Dec 31) in the same year... then transfer all the $ back to EPF a/c1... repeat the same process all over again... eventually, we are getting 5% from EPF + 6% bond fund dividends every year... just pay 0.25% SC only, can this work? sorry... just some thoughts only

This post has been edited by lowyat2011: Sep 7 2011, 08:03 PM

You have to check if the particular bond fund distribution policy is annual or incidental.

Regarding your little trick, I have no comment since I'm not used to it.

It'll work IF not for the fact that Bond fund's NAV will DEFLATE / DROP the exact value of dividends it shot out.
To add salt to injury, some of these dividends may be taxable.

Good idea on trying to optimize though.

I had some "optimizing" idea on bond / equity funds too waaaay earlier until i found out all the loopholes were closed off. There is a reason why "big biz" hires the smartest ones around

it won't work, once dividends declared, NAV drops @ the same time. there's no free money, dividends have to come FROM somewhere

trying/thinking hard for our EPF $ to make a bit more $

This post has been edited by lowyat2011: Sep 7 2011, 09:27 PM

good idea, but it wont work. the dividedns for BOND is From own pocket.

EPF dividedns (5%) calculation, lets say for RM5000,
RM5000 x 5% = RM250.00

for Bond,
total units x declared dividedns = dividedns. n this dividedns will be given from ur own money. not give addtional like EPF.

I don'[t understand from your own momey. If you say from your own money, wouldnt that mean you earn RM 0.00! Very misleading.

LOL..cut long story short.

EPF declares INTEREST RATE.
any UT declares DIVIDENDS.. habis cerita

and exactly. google why dividends are bad. it;s only passing the money from ur left to right hand value with tax incurred. so in most cases, u actually loose more.

This post has been edited by kucingfight: Sep 7 2011, 09:33 PM