great info there lowyatt2011,
never know that EPF charge 0.25% before.

Hi all,

Just would like to understand how to read the 'chart' of PGF (Public Growth Fund):
http://www.publicmutual.com.my/application...formancenw.aspx

For last 3 years performance: Total Returns from 13-Sep-08 To 12-Sep-11=45.32% or 15.11% per year.

For last 5 years performance: Total Returns from 13-Sep-06 To 12-Sep-11=80.01% or 16% per year

For last 10 years performance: Total Returns from 13-Sep-01 To 12-Sep-11=181.73% pr 18.17% per year

For last 26 years performance: Total Returns from 09-Jan-85 To 12-Sep-11=854.37% or 32.86% per year

Am I reading the charts correctly?

Thanks.

This post has been edited by lowyat2011: Sep 13 2011, 10:04 PM

yea, i'd like to know as well, where is the 0.125% gone ???

Dunno about other fund houses but for PM, methinks it's incorporated into the yearly mgt fees, which are calculated and deducted pro-rata daily from the NAV, not the service charges since it's a yearly continuous charge.

Personally, i think EPF is just being a pr*ck UNLESS the 0.25% or the post 2008 0.125% goes back into our EPF a/c1 EXCLUDING EPF's handling costs.

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Added on September 14, 2011, 8:01 amPersonally the 0.25% is no issue BUT the "yearly" is the issue
Er.. note that it's 0.125% since 2008, not 0.25%

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Added on September 14, 2011, 8:04 am"Admin" fees OR the infamous person who said "U scratch my back, I scratch your back"
thinking of that.. i feel so.. ew... to be a Malaysian. (oops off topic - sorry mod)

This post has been edited by wongmunkeong: Sep 14 2011, 08:06 AM

What do u guys do with ur EQUITY FUND ?

SWITCH IT to BOND since its dropping like hell....

Personally:
Keep on executing and tracking as per planned
1. 50% of $ for equity funds on DCA + VCA no fear / no greed programmatic investments
2. 50% of $ for equity funds awaiting current bearish Trend to get into accumulation trend

What about U? Share share lar - dont just be angry

u can ge tthe answer from EPF in this month theedge personal money. EPF hv some expenses on EPF scheme such as implement biometric system in UTMC and other expenses related to epf scheme. . so the expenses is from the 0.25%.

if hv more, will payout as dividends to the contributors.

I have an administrative question for PM-UTC/AM/GAM here:

My DDI is linked to a PB Current a/c and if I do not put enough fund in it, what will happen?

My Upline said nothing will happen and the DDI will continue as normal next month when there is sufficient fund.

The PM branch customer service receptionist told me DDI acts like a cheque and if there is insufficient fund, it is considered as dishonoured cheque and will be penalized.

Same question, two different answers. Can I get a third or fourth opinion?

Xuzen

Nothing will happen. No penalty is charged as per my memory.

I have client(s) who have insufficient funds for their DDI for a few months already. So far no penalty. If there is any penalty for such cases, I'm sure must state clearly before signing people up for DDI. If not PM sure receive lots of complains.

any idea why the funds price update so slow ya?

Because market down until system also down?

Funds with shares traded in Hong Kong & Korea share market are not updated as the share market was closed yesterday.

normally they will update yesterday price this afternoon

Public select dividend fund ... average cost = 0.32, currently 0.2678

I plan to switch when it reach 0.28..... (at loss though),

plan to buy more when it is 0.26 .... then switch when it reach 0.28...

My plan OK ?

This post has been edited by moon yuen: Sep 14 2011, 05:26 PM

What is the rationale for switching? Do you need to use the money when it hit 0.28?

PDSF is one of the better performing funds among the PM staple.

Xuzen

Your average cost: $0.32
Current NAV: $0.2678

Plan:
a. if goes up to $0.28 SWITCH to bond fund
b. if goes down to $0.26 buy more

Hm.. just a thought / opinion ar, not gospel truth reality
Scenario 1
U'd switch out of something that goes UP although still at a loss? (exit rule)
a. er... if i am cutting losses, i'd have switched out when market was FALLING into a distribution trend, not when it goes up
b. i'd only switch out when it goes up to take / lock in profits at abnormal profit returns. Mind U, my personal entry rules are either buying value/trend accumulation mode, and value averaging, which by default, controls my risk exposure.

Scenario 2
U'd buy more when going down (entry rule)
THEN switch out of something that goes up, although still at a loss OR break even? (exit rule)?
a. ok.. buy more when going down ie. averaging down the cost
b. switch out when it goes up a mere $0.02? er.. wouldnt that be like below your cost (ie. loss) as U need to factor in service charges and what not during your new purchases?

Thus, just in this old rat's Point of View, the basics dont look too logical.
Of course your reasoning may differ due to other things like needing the cash or just fedup show hand win or lose, etc.

I felt that It will drop after hit 0.28....

by switching it, I can buy back some at a lower price.... eg. 0.25

anyway, plan to go to Kenanga growth fund .... lower fee.

Funds that have foreign exposure will only be updated in the next trading day (usual by noon). Only locally traded funds are updated within the same trading days.

for saving account - no issue.
for current acc - maybe the policy is diff as informed.