Why not spell it out here since it's so good?

are you saying that if there's a fund distribution and we opt for reinvestment, we dont need to declare this distribution $ as apart of our income in the income tax assessment? I've always declared this income as my additional income, even though the amount is very small.

one thing i dont linke about PM Online is that they dont have a column called Cost, i.e. the money that we've invested. With this Cost column, then we can compare how much $ we've put in, vs the $ we're having now.

also the history is only limited to 12 months. how i wish they have the full historical records for our records to export out for analysis.

this is my investment strategy for my Public funds:

When the market is up: If the value of my fund is 15% > my investment cost, take profit and switch to bond funds. Will take profit every 15% on the way up.

When the market is down: Will invest more if the NAV is 8 - 10% down from the avg purchase price. Will top up every 8 - 10% on the way down.

Side way market: Just let the fund on auto cruise.

Is this strategy workable? Been using this method since '07.

Hmm, havent thot of what is the appropriate way of investing for long period of slow climb up. so far, havent invested in my Public funds since '08 until last month. Was taking profit along the way before this....

sometimes when i see people complaining about losing money or stock market dive so much etc, i wonder whether these people understand the risks of buying equity fund.

for me, if you worries too much on your fund performance or money loss in the short term, that only means the equity fund that you've invested are too risky for your liking. you should find another fund with lesser risk.

as long as your investment objective is for long term gain and you're not in urgent use of money, just take the temporary set back as buying opportunities. just buy in portions as the market turns down.

switching funds, especially PM funds, are not cost effective, unless ur switching big amount of $.

PFES lowest in 2008 is 0.149 i think. Still some way down. But the upswing is equally violent.

hmm, to me a lot of Public Mutual funds are duplicates. they just keep on launching new funds for selling purpose.

i dont see other fund houses (Ammutual, OSK-UOB, HDBS etc) launching so many very similar funds...

i would rather have them concentrate on a few funds which cater for different group of investments and deliver excellent returns. when you have excellent returns year in year out, i dont think it's hard to sell more units.

am reviewing my PFES holdings and for the past 4 years, the returns have been very volatile.

been reading the latest fund review and seems like 60% of the stock holdings are in China.

would it make sense to divest the holdings in PFES and buy something less volatile, such as REIT or dividend stock? i know both are in different class/category, but if look from the perspective of total returns over the years, my gut feeling is that REIT/dividend stock will have better return over the long term.

all comments are welcomed.

you still need to declare those $ in the Taxable Income from your tax voucher sent by Public Mutual.

refer to this link if you want to know more.

there's a gazillion funds in public mutual which are very very similar. if really streamline/consolidate those funds, probably left with a handful.

i think public mutual can learn from hwang dbs, that rarely launch new funds but yet able to provide respectable returns. superior performance over the years attracts new funds, rather than non-stop launching of nonsense funds.

just my 2 sen.