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Public Mutual v3, Public/PB series funds

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bb100	May 30 2012, 06:09 PM Return to original view \| Post #1
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	Hi there. May I know the difference between Public series of funds and PB series of funds? I plan to invest in PB Growth Fund (PBGF). Is it a good idea?
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bb100	May 30 2012, 10:30 PM Return to original view \| Post #2
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(David83 @ May 30 2012, 06:51 PM) Different sales channel. PB series need to buy from Public Bank staffs/agents. Public series from PM UTC. Thanks for your reply! So do you mean that the returns for both investments are similar?
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bb100	May 30 2012, 10:34 PM Return to original view \| Post #3
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(j.passing.by @ May 30 2012, 07:07 PM) There's no difference, both under Public Bank... but there 2 groups of sales persons... one based in Mutual branch (Public series), the other in public bank (PB series). For new investor, you will need to approach a sales person in a public bank (as you are interested in one of the PB series) and fill in forms, mainly to acknowledge that you know what you are doing and cannot later say you got cheated. Other than that initial registration, you can get the appropriate forms from mutual branch or bank, and go to the bank and pay the money yourself over the counter. As mentioned in above post, how you do it later - online, in person at bank or with another agent, it does not matter much since the service charge is the same. (One reason why I'm not putting any more money into PM, and looking for alternative funds. The service charge is too high to cover as we get older (& hopefully wiser) and "long term" becomes shorter and shorter; only the 0.25% for bonds funds is acceptable.) You will get an account number for each fund. If you want to use another agent for same fund, normally he will decline and suggest another fund... as any top up to that fund will be on that initial account number. If you insist to give the new agent business on the same fund, it can be done by asking the former agent to sign and release the account to the new agent. Pai-seh to the old agent... that's why normally another fund is suggested. Now the fun begins when you do switching (transfer from one fund to another fund). Say Fund A switch to Fund B. Also fund C switch to Fund B. Fund B will have 2 separate account numbers if Fund A and Fund B are under different agents. If you stick with PM for 1 or 2 decades, this multiple accounts in your statement of accounts scenario is very likely to happen... PBGF is only open to EPF; meaning you cannot pay cash... only transfer from EPF is accepted. Wow! Thanks for the lengthy but useful answer! Are you sure that PBGF only accepts transfers from EPF?? How come the PB agent told me money will be deducted from my PB savings account??
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bb100	May 30 2012, 10:37 PM Return to original view \| Post #4
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(David83 @ May 30 2012, 10:32 PM) Service charge is the same. Return depends on fund performance. Some said that certain PB series fund outperforms Public series. Cool! Based on your vast experience in investing, do you think PB Growth Fund is a good buy? At least for a beginner like myself...
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bb100	May 30 2012, 11:05 PM Return to original view \| Post #5
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(j.passing.by @ May 30 2012, 10:49 PM) Simple, it is in their website (it can only be found if you know where to look). Here's the link... click the 2nd "read more" under Funds Not Open for Investment. http://www.publicmutual.com.my/OurProducts/FundPrices.aspx ================== "Personally, if i was a customer (not self-service agent ),..." LOL, I have the FMUTM card; but never use it and just let it expired. Oh my Lord! No kidding, right?? I don't have EPF. So how am I supposed to transfer from my EPF account?
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bb100	May 30 2012, 11:30 PM Return to original view \| Post #6
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(kparam77 @ May 30 2012, 11:16 PM) why u worry if u dont hv epf? there are money potential funds waiting for u. just do homework which one is match with ur risk tolerance. or get a PB series agent to guides u. Maybe you could suggest a potential fund for me? I can tolerate moderate risk... So the PB agent advised me to invest in PB Growth Fund. She said I need to have a PB savings account. Then the funds will be deducted monthly from that savings account.
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bb100	May 30 2012, 11:33 PM Return to original view \| Post #7
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(j.passing.by @ May 30 2012, 11:26 PM) First, don't panic. 2nd, be patient. You're not like catching a runaway train. And stock market don't seems to be on a runway ready for takeoff yet. The KLSE (like its people, luv to do things late ) and is slow in following other stock markets. And the other stock markets are falling or yet to fall until Greece until is booted out of Euro... my 2 sens... 3rd, PB has limited local funds that seems to be doing exceptionally well. You could take a look into PB Asean Dividend, my lucky fund that made me money. Thanks for the calming words! Pheww~~ I am new to this game...so please don't blame me for getting nervous. Hehe... Yeah I will check out PB Asean Dividend. Thanks, mate!
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bb100	Jun 1 2012, 02:26 PM Return to original view \| Post #8
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	Hi all. Wanna know... Is PB Growth Fund a good choice for moderate risk investment? Please let me know. Thanks.
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bb100	Jun 1 2012, 02:28 PM Return to original view \| Post #9
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(insaint708 @ May 31 2012, 10:42 PM) which is the best fund to buy now? i'm looking for high risk fund.. Dude... Which high risk fund do you have in mind? Let's share share...
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bb100	Jun 1 2012, 02:30 PM Return to original view \| Post #10
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(kucingfight @ Jun 1 2012, 12:17 AM) best to keep your cash now.. Hi there Sifu! Do you mind explaining? A thousand thanks, Sifu!!!
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bb100	Jun 1 2012, 06:22 PM Return to original view \| Post #11
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(andrewleewaikeong @ Jun 1 2012, 05:36 PM) Yes not bad . For the past few years have been declaring dividend average 7%. You can try the new fund call pb growth sequel fund too or pb balanced fund. Thanks for your reply, my buddy! When I went to Public Mutual there and ask, the agent kept pushing me to sign up with PB Indonesia Balanced Fund and PB Australia Dynamic Balanced Fund, especially the Indonesia one. According to him, Indonesia's market is stronger than Malaysia's and stuffs. Is it true? On top of that, is it safe to invest in relatively new funds like the Indonesia Balanced Fund (since 2010)? Appreciate your kind advice. Edit: I can't find PB Growth Sequel Fund... Mind sharing the link or something? Thanks. This post has been edited by bb100: Jun 1 2012, 06:24 PM
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bb100	Jun 1 2012, 08:10 PM Return to original view \| Post #12
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	Buddies... I heard that the PB Growth Fund has been replaced by PB Growth Sequel Fund. How true is that???
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bb100	Jun 2 2012, 10:09 AM Return to original view \| Post #13
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	QUOTE(andrewleewaikeong @ Jun 1 2012, 08:36 PM) Yeah Australia balanced fund not bad too . Indonesia I think its overvalue currently . pb growth fund is good and you can use cashless entry by using epf . Other can use cash . Make your money worth Thanks for the useful advice, my friend!
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bb100	Jun 3 2012, 02:07 PM Return to original view \| Post #14
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	Guys, usually how much do y'all pump in every month into your respective unit trust funds? Thanks.
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bb100	Jun 3 2012, 02:14 PM Return to original view \| Post #15
Editable...finally! Senior Member 1,439 posts Joined: Jan 2011 From: Ipoh, Perak	» Click to show Spoiler - click again to hide... « QUOTE(j.passing.by @ Jun 3 2012, 12:04 PM) bb100, Actually, I'm in the same situation as you in considering which funds best to select. I have 40% of my portfolio in bonds, and going to switch them to equity funds, maybe next week, in 2 weeks time, or maybe next month... most likely a percentage at a time over a period of 4-12 weeks... since the stock market is volatile at the moment, maybe I should wait till some dust settle first... If you have a big amount, something like 10k, maybe spread them over 10 months... with 1k each month. And if you don't mind loosing RM25 for the sake of convenience, you can use a tip (given by a a wise guy here) by buying into a bond fund, paying the service charge of 0.25%, and get access to the online service, and then do the switching (transfer out from the bond fund to an equity fund) online at your own timing... In fund selections, I did some work by going through each of the fund, checking their past performance, and jotting their percentage gain or lost in a spreadsheet, then do a simple sorting and rank them accordingly. Their performance charts can be found in PM website, link http://www.publicmutual.com.my/application...formancenw.aspx In the excel spreadsheet, I added remarks like which funds not open for investment, & open for EPF, and comparison to their benchmarks... Below are the top 5 funds, accordingly to my own rankings, please noted they are dated, and I would do another evaluation (and taking into consideration other factors as well, such as benchmarks, future market prospect, own gut feelings & fancies, etc.) with updated data before taking any further action. Note also that I, personally, might not select them all, might only pick one or two, or pick outside of the top 5... noting that PB and PM together have like 92 funds! PB series: PB Singapore Advantage-30 Equity Fund PB Asia Real Estate Income Fund PB Asean Dividend Fund PB China Pacific Equity Fund PB Indonesia Balanced Fund PM series: Public Indonesia Select Fund Public Far-East Property & Resorts Fund Public Islamic Treasures Growth Fund Public Islamic Dividend Fund Public Islamic Select Enterprises Fund Cheers. Whoa, dude! Thanks a lot for the lengthy but super useful advice there. It is not only useful for me, but for all newbies out there. By the way, pal, what is the difference between bonds and equity funds?
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