As part of the process to engage direct debit investment (DDI), investors will need to sign a "Standing Instruction" or "SI" either via Public Bank or Maybank account. Since Public Mutual offers non-contractual investment scheme, which means you are not obligated to invest consistently even after signing the SI. Rest assure there will be no penalty in case of any default in regular investment.

If you were to sign a SI to your existing unit trust fund account, irregarless where or who you have signed the SI with, the service charge of 5.50% still applies, and the unit trust fund corresponding unit trust consultant (UTC) will still enjoy their commission.

sincerely hope these information helps.

kindly consult your UTC for a better understanding towards unit trust distribution.

Do consult your UTC

There is a reason why distribution is in the unit trust working mechanism. Since you have paid your UTC with your hard earned money, do make every cents count. All you need to do is to arrange an appointment with them.

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.

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Added on April 6, 2012, 6:29 pmYou 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

This post has been edited by felixwang: Apr 6 2012, 06:44 PM