i also noticed that, the islamic bond series.

wong sifu,
i opened the excel file and notice u highlight 2 funds that i have invested, i.e. P Small Cap, and P Focus Select, are these 2 funds outperform?
P Focus Select perform better in 3 years tenur than the 5 years tenur, P Small Cap the other way round.

I agree that "second tier" funds PIOF/PFocus select fund perform well, these fund not as good as P small caps in terms of 5-10 years, but picking up fast in 1-3 years time. These fund also attract less attention from investors compared to P Small cap, which growth of the fund size is fast. So fund manager need to busy in buying stocks to keep the stock ratio in par with the norms. Unlike the "second tier" fund, not many investors notice them, and the fund size grow organically.

I also notice that those funds who have been closed will tends to perform better. This particularly true for fixed income series. Public Bond, Public Islamic Bond, PB Islamic Bond, tends to perform better than those still opening for subsription.

i also not understand what there is such a big correction for 3 bond funds, Public Islamic Bond, Public Infrastructure Fund, and Public Islamic Income fund were affected that day. My invested PIBF is affected, but not as serious as PIIF.

I also invested in PB Islamic bond fund, when the above funds affected, this fund increase by 0.07% on the same day. Un explainable.

Let's continue until it reaches 200 pages