Thanks for the information, David. Looks like DR will not be able to sustain on that amount, unless cut off is way earlier, for e.g. early this month. Anyway, my strategy would be the payout option, rather than the reinvest.

I have a 80% firm news on that PSMALLCAP is giving out dividend. But whether it is gonna remained the same as previous dividend, that remained a question to me.

It should NOT be a question if you are reinvesting it, but if you are opting for payout, that's something to think about.

howszat, I would like to comment on your last sentence. If you reinvest and withdraw the number of units after the distribution, you don't lose it's value, but you are losing the MQGP. You lose the status (if you're a Gold Member) in a way.

I supposed you are an agent.

I have been attending sales talks or fund launching by some of my agents, who NEVER miss letting us know EACH fund Public Mutual launched is good. Public Mutual has a series of funds, which of them, particularly equities are doing good? Those who have bought the funds in 2008 during the market bad times and have been keeping these funds (as claimed by agents that these are for retirements) until now would have nearly seen a bracket on their investment profiles.

UNLESS you are investment horizon is more than 10 years, I would recommend other instrumental. You can consider a BOND fund series rather than an equity. Or if you are a supporter, try investing with your EPF (as you would have > 10 years horizon then)

I supposed you are using DDI for DCA strategy. DCA is a good strategy in principle. When you do DCA on Public Mutual funds, you got charged 5.5% for their fees, which at least takes you sometime to get that % back (assuming 1 year return is 6-8%)

Strongly recommended!

Looks like UT has become a LIFELONG investment which needs long horizon >10 years compared to as claimed by the agents/sales personnel (3-5 years). So investing with EPF is the way to go.

Has anyone used Public Mutual's e-Distribution before? They started bank in the distribution payout directly to our bank accounts for those who have registered for it, instead of sending us a cheque.

My question: How long does it take for Public Mutual to bank in the $? Assuming I am receiving the PSMALLCAP distribution.

FYI, dividends on BOND funds are not taxable, least, no deduction for the tax.

This post has been edited by guanteik: Sep 7 2011, 09:44 PM

3 days as far as I experienced.

I buy PIX with EPF, PSMALLCAP with cash, both are attractive depending on your investment profile.

The answer is NO

You need to personally walk into the PM branch to cancel your DDI. Your DDI application signature must be the same with your opening branch's. And, one thing weird is, why Public Mutual Online allows us to apply for DDI, whereas cancellation, we need to walk into the branch?

Really funny...

If I were you, for those funds which are closing and not allowed for regular investment, I would opt for DDI such as PITTIKAL. PBOND and PIBOND.
For those funds which are opened/re-opened for investment, I would consider regular investment without DDI.

I can't wait to share this out.


Public Bank Bhd's unit, Public Mutual, has declared a total income distribution of RM232 million for eight of its funds for the year ended Oct 31, 2011.

The distributable income for its Public Industry Fund was 5.00 sen per unit, while for Public Equity Fund it was 3.00 sen, Public Sector Select Fund 2.00 sen, Public South-East Asia Select Fund 2.50 sen, Public Asia Ittikal Fund 1.25 sen, PB Australia Dynamic Balanced Fund 3.00 sen, PB Asia Real Estate Income Fund 2.00 sen and Public Islamic Bond Fund 5.00 sen.

In a statement in Kuala Lumpur today, Public Mutual said the distribution for all the funds would be made by Public Mutual unit trust consultants, except for PB Australia Dynamic Balanced Fund and PB Asia Real Estate Income Fund for which the dividends would be made through Public Bank branches nationwide.

Public Mutual is Malaysia's largest private unit trust company with 89 funds under its management. It has over 2.5 million account holders and as at September 30 2011, the total net asset value of the funds managed by the company amounted to RM41.3 billion. -- Bernama


http://www.btimes.com.my/Current_News/BTIM...icle/index_html

This post has been edited by guanteik: Oct 31 2011, 07:51 PM

You cannot compare stocks/REIT with unit trust, the way of investment is the same, but objectives are different. Unit trust is for long (real long!) term investment; I would take it for my retirement where else stocks for income.

There is no trading today. So, PM will show price of last Friday's trading.

I noticed if I invest directly from PBEBANK or DDI, I am being charged 5.5% service charge. If I invest through PMO (AI transaction), I am being charged 5.25%. I am aware that there is a RCA campaign till somewhere in March 2012 for those who uses PMO to invest, but why DDI still being charged 5.5%?

Anyone noticed and found an answer for that?

DDI = 5.5%
PMO = 5.25%
PBEBANK = 5.5%

DDI is supposed to be charged 5.25% instead, right?

I normally received some kinda fund quarterly review from public mutual. i guessed ur agent can provide you that report.