Just want to ask a question, the fund price we always look at the internet is yesterday price, if we buy today, which price do we buy, today (which havent announce) or yesterday?

Thanks for the info~

Anyone have opinions regarding PUBLIC SINGAPORE EQUITY FUND? I'm looking to buy this fund.

actually do we really need to take a look on distribution? cause the distribution is given from our share also?

i heard from my friend that if the fund distribute 5sens, then the fund price will drop 5sens as well. it seem confusing whether do we really earn on the distribution or not

I had done some calculation regarding the distribution. correct me if im wrong.

Assume the investment amount is RM1000 (after minus the SC).

if the unit price is 0.6453, then the units i get is 1000/0.6453=1549.667

after a year, the unit price rise to 0.7439 then the value i have is RM1152.797. This is capital gain.

Then they announce 9 sens distribution, then the unit price drop to 0.7439-0.09=0.6539. the distribution i get is 1549.667units *0.09 = RM139.47.

Assume the closing price for the next day is 0.6539 (no movement) also.

the units i get from distribution is RM139.47/0.6539 = 213.2895 units, the total units i have is 213.2895 + 1549.667 = 1762.956 units

Then the total units i have is 1762.956 * 0.6539 = RM1152.797 also.

What i gain is more units but the value also same.

The question is why they want to do distribution? since if the next day the unit price no movement, our value before and after the distribution still same

if we read the report, we should read the return instead of the distribution or distribution yield?

i heard small cap reopen. wanna buy some smallcap =)

thats mean we should keep our money in MM or bond first to wait for solid good news?

true. some bonds like PB fixed income can provide you with steady income better than FD i think although in such market.

yea.. i just went to public mutual, an agency manager keep asking me to buy only. i was asking her lots of questions regarding the quarterly report etc, she just said it was past & it dont mean anything, as long as now i want to earn money. she kept telling me the price drop alot ady, now enter sure earn, plus she got 17years experience bla bla bla

i think she just know how to compare the price before and after. actually i went there to get some hardcopy data, she dont even has those. i kept telling her that the market is so unstable now & the probability of the market wil drop further is quite high. then she kept telling we cant time to market, so buy now as the price is so cheap. she recommended PUBLIC CHINA TITANS FUND, PUBLIC ITTIKAL FUND,PUBLIC AUSTRALIA EQUITY FUND if not mistaken.

This post has been edited by holybo: Sep 4 2011, 10:18 PM

Just to my sense, do not buy today cause today the market is up, so u will buy with more expensive price. I think friday is another good day to think of it =)

Good news to those who holding cash and want to do VCA in these few days~

any idea why the funds price update so slow ya?

normally they will update yesterday price this afternoon

i think he mean still a fresh bear, still got time to let the market drop. no need to kanchiong first

Should be dividend yield =)

buying signal? Good sentiment these few days

I think monday maybe will increase little bit due to 2012 budget. I hope it get lower, haven't reach my target to pump in more money lol