Haiya, I bought PAGF at 0.68, now already 0.58..
How guys, should I switch to money market fund first? Watching KLCI tumbling down everyday...
Public Mutual v3, Public/PB series funds
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 Sep 26 2011, 09:02 PM
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#1
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Senior Member
6,238 posts Joined: Sep 2005 From: Kuala Lumpur  
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Sep 26 2011, 09:31 PM
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#2
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Senior Member
6,238 posts Joined: Sep 2005 From: Kuala Lumpur
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QUOTE(David83 @ Sep 26 2011, 09:04 PM) If you want to switch, you should have shifted earlier. As of today, KLCI has dropped nearly 15%! Ya, I was watching it from the Bloomberg terminal, drop like mad till around noon then slowly climb back but close at lower than opening. Seems to be the trend nowdays... |
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Jun 30 2012, 11:07 PM
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#3
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Senior Member
6,238 posts Joined: Sep 2005 From: Kuala Lumpur
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Actually I'm just curious, why are you guys excited about income distribution from unit trust funds? It's just taking your own money and reinvesting it into new units. Your net wealth doesn't increase a single cent.
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Jul 2 2012, 10:40 AM
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#4
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Senior Member
6,238 posts Joined: Sep 2005 From: Kuala Lumpur
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QUOTE(j.passing.by @ Jul 1 2012, 11:07 AM) Are you trying to start a debate whether distribution increases the NAV of the fund? Please don't... just ended one over at the other thread. Really, please link me to the other thread, I will be absolutely interested to join the debate. But a good distribution does shows that the fund is showing returns for the year... if you have been holding it for some time like a year or more... it's so much more exciting than holding a dead fund that shows negative returns.  Added on July 1, 2012, 11:42 am Agree on that not every fund is giving returns. So to balance the news, below are the year-end 30/June PB funds that are not on the distribution list: PB Singapore Advantage-30 Equity Fund PB China Asean Equity Fund PB Asia Equity Fund PB Euro Pacific Equity Fund Well, you can easily see if the fund is showing return by seeing if the NAV/unit has grown. If the fund is showing negative return, you won't even be getting distribution... |
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Jul 2 2012, 02:32 PM
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#5
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Senior Member
6,238 posts Joined: Sep 2005 From: Kuala Lumpur
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QUOTE(Pink Spider @ Jul 2 2012, 11:53 AM) Not necessarily. See my posts. I'm aware that there could be negative return due to unrealised losses, but my point was whether there's any difference to distribute or not to, (I guess tax credit is the only one benefit) |
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Jul 3 2012, 06:32 PM
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#6
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Senior Member
6,238 posts Joined: Sep 2005 From: Kuala Lumpur
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What a shame I come across this interesting debate a little too late, would love to give my 2 cents but for those who are still unsure, just believe the rest here that distribution doesn't increase your wealth.
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