Jul 27 2012, 09:00 AM
QUOTE(titus85 @ Jul 25 2012, 11:53 AM)
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.
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.election is coming, any idea should hold or sell off. making lost of 30% now.
Added on July 27, 2012, 9:02 am
QUOTE(echoesian @ Jul 25 2012, 04:26 PM)
PB Mutual funds are mostly not really a good performer afterall
Not really. Some performs better than peers in same category. 
This post has been edited by Alvan86: Jul 27 2012, 09:02 AM
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