wow.......12cents.

for those has 1 mil units = rm0.12 x 1,000,000 = RM120,000.

I bought PDSF (select dividend fund) at average cost of RM 0.32 few months back , now ITS RM 0.26XX.
Yesterday, I invest some $$ into Public stregic bond fund.

1) Is this a good fund ? What public mutual fund / NOT public mutual fund u recommended ?

2) My agent tell me to pump more $$ in PDSF ? but, I m quite reluctant to do so since it is already loss...

3) what should I do on this fund ? Hold on ? Invest more ?

4) Is it possible to save on the 5.5% service charge or discounted ? And its annual fees.
Thanks

Rubbing it in huh? 

BTW, bro - technically it's taxed twice right?(on whatever taxable) right?
ie.
1st time: Companies payout dividends to stock holders ---> PubMut: 25%
2nd time: PubMu --> SmallCap investor: 25%

DDI is a wise choice, but it's not the best, definitely. DDI is to average your buying price, but not necessary pulling down your buying price. DDI is suitable for people who has not much time to monitor the market and wish to force her/himself to save some money. It might prevent you from investing big lump sum when market is high, but not help you to earn the most.

everybody oso cn buy islamic fund..unit trust is for long tern, mean min 3 years..i tink u shud jz buy it less than 1 year so u onli c it mk loss..be patient n doing DDI monthly..u wil c ur return slowly in coming years.

btw got public mutual select fund?are u sure?

if who say doing investment sure untung then they definitely bullshit u!!!

Do u tink a market will keep on going down for 3 years & above?

everybody oso cn buy islamic fund..unit trust is for long tern, mean min 3 years..i tink u shud jz buy it less than 1 year so u onli c it mk loss..be patient n doing DDI monthly..u wil c ur return slowly in coming years.

WOW! I thought only for a limited time after the initial investment.

So you mean to say as long as I'm always putting my money into the fund, the agent also got a cut for as long as I stay invested? 

I'm tempted to ask my siblings to stop their contributions so that they don't pay to a useless agent that don't service them at all. Maybe they can exit and re-enter with a different agent. 

actually im nt againts cherroy de, im oso totally agree wat he saying bout.

tat is no guarranty return in investment!

hw 2 say leh..his statement is gud for potential investor to not listen to those agents that say guarranty return..
bt at da other side his statement oso scare up many potential investor cz even i read da statement i oso think my investment most probably goto deep sea..

if we c the asset allocation from 2008.....

equity:
2008 - 84.7%
2009 - 93.4%
2010 - 94.2%
as at oct 2011 - 88.16%

MM:
2008 - 14.4%
2009 -6.6%
2010 - 5.8%
as at oct 2011 - 11.84%
so, looks like FM more confident abt the equity stocks in greater china region. they  increaces the allocation every year and less in MM. slitly drop in 2011.

i know some will say PM FM not good in china mrket. but why the FM increase/maintain the allocations? any reason?

is it because, as per stated in prospectus..... The fund allows the investor the opportunity to participate in the long term growth potential of a diversified portfolio of blue chip stocks, growth stocks, fundamentaly undervalued stocks and dividedns stocks in the greater china region???

i think the undervalued stock still  undervalued

any idea?

same thing goes here..if u say my statement above mislead ppl UT can guaranty return after 3 to 5 years..

then from your statement above oso mislead ppl UT wont mk return n will keep losing no matter how many years..

(if im a new n not so confident investor, after read our post jz now..i wil tink desertkids is a bullshit agent & all PM agent oso cheating them cz i tink a lot agent will mention about long term investment in UT, so better tk out my money from UT now)

If a agent mislead a customer to select a non performance fund & cheat him will get return in 3-5 years, then its agent fault not me.

my previous statement just want to state out 1 thing.

that is i duno will UT gv u a guaranty return in hw many years. BUT its for long term investment, v r investor dun easy get panic whenever c the market fall or rise, bt mz use some fundamental anaylysis & switching technique.

QuickQ.

i was offered a package called Public Mutual Saving Fund and told that i'll get on average 12% per year which will be paid twice a year (effectively 6% per cycle)

my principal would not be affected by nose-jump price decrement.

it will be similar to saving account, whereby after 3 months, i'll be able to withdraw my cash anytime i want.

legit?

Well since I do not know anything at all when I buy UT last time, can I ask these questions:

1) In stock market, there should be a willing buyer for the stocks I have. In UT, if I want to sell according to the latest NAV, who is the buyer? The fund Mgt? How does sales / buy impact NAV?
2) Is there any charges when I sell. I noticed when I buy I am charged 5.x%
3) I read this thread, seems there is a 1.5% charge fee annually? Is it on my total invested value?

Thanks to all.

not sure abt foreign stock.

ya, its not mean all the stock price is high. u need to do a proper study to find out which is cheap.

Eventhought the PE is lower compare to 1997, its look like market is lower. but i dont think its realy low because the KLCI market cap now is abt RM1.2trilion. i believe the market cap  shud be lower in 1997 to show the PE is higher.

correct me if i wrong.

Thanks. Anyway, bond funds don't have distribution right?

Do consult your UTC

Mine is on loss for about 45%, should I hold or switch?

assuming "distribution" is not important... and assuming you have invested in our oldest fund, Public Savings Fund from day 1, 29th March, 1981 at RM 1.0000/unit with a ONE OFF LUMP SUM investment of RM 100,000. As of yesterday, 5th April, 2012, the PSF NAV/unit is at RM 0.5738, how much do you think you will have with Public Mutual as of yesterday based on your investment 31 years ago?

3 reasons,

a. I am asking the question because, with great confidence, you guys have given an alternate answer to unit trust "distribution" based on very little knowledge in unit trust. Eventhough your intention means well, but it is not advisable to provide answers or advises to others when you are not a licensed UTC. More often than not, you will do more damages than good. Hence, I have requested you guys to consult your licensed UTC about your conclusion towards UT distribution.

b. In the case where your UTC is not able to provide you with a satisfactory answer, unless the UTC you are attached with right now is your relatives or loves one, I do not see the reason why you should continue to engage his/her services if he/she is incompetant. 

c. To invest in UT, is similar to engaging a professional to managing and growing your asset. If you are doing this on your own, why would you be paying your UTC of such high service charge? Are you aware that your UTC is getting paid for as long as you stay invested with the Unit Trust Management Company? Yes, we are talking about a perpetually paid commission on a monthly basis on your expences when you are the one who are doing all the hard work based on your own limited knowledges.

Well, I am the one who is supposed to ask you "what are you doing?" instead of the otherway around.

---

Added on April 6, 2012, 6:29 pm

You took the words right out of my mouth, well said!

For those who wishes to learn more about the fundamentals of unit trust, you are welcome to join us as a Unit Trust Consultant. The training will only takes 3-4 weeks, where you will be undergoing UTC Basic Training Program that comes in 5 modules. Become a UTC, start managing your own funds and enjoy more than 50% savings on the service charge!
For more information pertaining to our training, you are welcome to forward me your contact number @ 012 277 1025 and I will be in touch with you asap! I look forward to hearing from you guys!

Thank you and kind regards,

Felix Wang
Agency Manager
Public Mutual Berhad

it is in the contract that UTCs signed.

also, UTCs cannot have any website promoting themselves, including blog about finance with their name as the owner of the blog. you cant promote selling Public Mutual on the internet, period.

get a copy  of the contact/signing form from any UTC and read it through.

if you see any UTCs (not just the ones from Public Mutual) promoting themselves online, please report it to FIMM.

For those who wishes to learn more about the fundamentals of unit trust, you are welcome to join us as a Unit Trust Consultant. The training will only takes 3-4 weeks, where you will be undergoing UTC Basic Training Program that comes in 5 modules. Become a UTC, start managing your own funds and enjoy more than 50% savings on the service charge!
For more information pertaining to our training, you are welcome to forward me your contact number @ 012 277 1025 and I will be in touch with you asap! I look forward to hearing from you guys!

Thank you and kind regards,

Felix Wang
Agency Manager
Public Mutual Berhad

INTERESTED IN CREATING AN ALTERNATE SOURCE OF INCOME?, you are welcome to join us as a registered Unit Trust Consultant. For more information, do visit our website at http://www.publicmutual.com.my or contact me at 012 277 1025 with no obligation

Felix Wang,
Agency Manager, Unit Trust Consultant
Million Dollar Producer, 2010
Million Dollar Producer, 2011
22nd National Sales Convention, NSC Trip Qualifier, 2010
23rd National Sales Convention, NSC Trip Qualifier, 2011

He is recruiting online, which is ok.

a. I am asking the question because, with great confidence, you guys have given an alternate answer to unit trust "distribution" based on very little knowledge in unit trust. Eventhough your intention means well, but it is not advisable to provide answers or advises to others when you are not a licensed UTC. More often than not, you will do more damages than good. Hence, I have requested you guys to consult your licensed UTC about your conclusion towards UT distribution.

It's kind of a grey area

From what I understand, recruiting online is fine. Like, hey would you like to earn some extra $$ by working weekends or etc, etc ? I may have something you might be interested in. How bout you come over to so and so at so and so time...
When it comes to promoting PM products, agents are only allowed to use material approved by PM. Even the name cards are standardized.
Basically what my cousin who is also my upline stated it quite clearly, when meeting with a prospective client you MUST show two things: your FIMM card and the master prospectus, which basically requires us to meet them face to face. Also any transaction cannot be done in cash. I guess these rules are in place to protect both the agent and the prospect/client.

So in theory, I think, sure I can give advice in forums or by phone to people whom aren't my clients as long as I don't stand to benefit from it, ie I don't get commission. However if I do get commission, ie he becomes my client, I am required to first meet up and show my card and make sure they read the master prospectus first and be informed of whatever I am required to disclose by PM as stated in by code of conduct. Something like that lah

Then again, most agents are basically salesmen. I dropped my agent and became an agent myself to take control of my family's investments. I've seen with my own eyes how these CONsultants go around chasing commission without care about the clients
This is where moral hazard comes in, but than again, I think all industries have these sort of people, it's just human nature.

I think I may be missing a point here and I've worded what I think a bit poorly, so feel free to correct me, thank you

guys, the reason felixwang is not answering most questions is that UTCs are not supposed to advertise on the internet. Advertisement include talking about it, including its good and bad.

hi..
I have KWSP 100k.
if I invest some amount of my KWSP money to Public Mutual.
how much percentages of dividend I will get ?
how about risk?
normally KWSP give 6% pa dividend with no risk.
Please advices.. thanks