u mean per transaction? example I buy RM5K, then I need to pay RM5,002?

I believe so. It's just my assumption excluding the service charge of 5.5%/0.25% for the fund.

the service charges is included in the RM5K (example), means the fund value will be 5.5% lesser than RM5K. In this case, I need to call PM office to check the charge if use other banks...thanks bro

Fellow forumers & mutual fund investors, just to share an idea:
Local focused fund - Value investing based on PM's "Market Wrap", specifically the "Market's Gross DY%" as a barometer.

Been using "Market's Gross DY%" based on a few stocks (LPI, PB, NESTLE, DIGI, UTDPLT) all this while but hard to share/proof to others until i received PM's "Market Wrap" and thought of using its historical issues to prove a point (yes yes, i'm kinda slow that way ).

Attached is the "proof" and concept for your kind consideration:


Bottomline:
When gross DY% is high, means market prices are depressed BUT stocks are still shooting out dividends (ie. biz making $).
ie. market price doesnt agree with biz
Good value buy right?

A big thanks to David83 for the 2008 & 2009 PM's Market Wrap. Kamsiah kamsiah

Note: Your mileage may vary - this is just a possible entry rule, no exit rules here yar

This post has been edited by wongmunkeong: Sep 27 2011, 12:27 PM

So we need to take P/E into account as well right? If P/E is low, DY% is high, good time to buy. If P/E is average, DY% is low, time to sell?

P/E? Yup U can - i'm just presenting a simple yet effective way to buy value based on market DY% for mutual funds. Based on the P/E also can or a combo.
Me - simply put, DY% vs FD or EPF, how many % more, thus.. heheh

Methinks P/E has many different calculation variations though - forward earnings, backward/historical, mixture, thus i've noticed P/Es for certain stocks can differ by more than 10%, more than variations i've seen for DY%. Yup - DY% also has different calculation variations heheh.
I may be wrong though
er.. this paragraph based on individual stocks that i've eyeballed yar, not the example posted.

IMHO, for stocks of course U need more details lar coz your $ is "focused" vs in mutual funds' 1 fund = at least 10 stocks

This post has been edited by wongmunkeong: Sep 27 2011, 12:27 PM

yes, every transaction, transaction fee will appliy. it will prompt u abt the fee. the fee may diff for diff banks.

yes, the SC for units will be deducted from rm5k.

ok bro, thanks for your advice. I just called PM, they said the charges is from RM2-5 per transaction depends on bank and limit is RM5K per transaction except PB if 1 2 buy more than RM5K, can buy after 1st transaction and so on. thanks.

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Added on September 27, 2011, 1:34 pmok bro, thanks for your advice. I just called PM, they said the charges is from RM2-5 per transaction depends on bank and limit is RM5K per transaction except PB if 1 2 buy more than RM5K, can buy after 1st transaction and so on. thanks.

This post has been edited by mars1069: Sep 27 2011, 01:34 PM

Just wonder either kparam already send his clief EPF appliaction or still keep it?

This post has been edited by koinibler: Sep 27 2011, 08:44 PM

Wow, so expensive.... Yesterday, I did using CIMB, just pump RM 500 only . Never Prompt me the charges....

Hi all, I am confused now.

So the price of each unit trust fund will be updated daily or weekly? I receive only weekly fund price report, I visit publicmutual website, the fund price is updated only once a week.

Does it mean each fund will be having the same price from Monday to Friday and the price to be renewed in the end of Friday?

stilll keep. very hard to time the market. 30% down yesterday and 30% up today
unit price still below 1 month price.

fund price at publicmutual website will update daily. for local funds will update before mitnight. foreign fund only will update the next day. if the fund has local + foreign...will update next day too around afternoon.

Thanks!

Anyone using CIMB　to add investment in PUBLIC MUTUAL?

HOW MUCH is FPX charges ?

This post has been edited by Irresistible: Sep 28 2011, 10:15 AM

FPX charges is similar to MEPS right ?

Not exactly same. Different platform.

Wat percentage of bond portfolio is recommended at this volatile times?

Seems like the price nowadays is getting cheaper. I have extra cash to top up my pittikal but its still close. My other option is to go for other fund since i don't want to miss this opportunity. My agent recommend PISSF. What u guys think eh? what about PIEF?