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 Public Mutual v3, Public/PB series funds

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lytros
post Aug 23 2011, 11:54 AM

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QUOTE(kparam77 @ Aug 23 2011, 11:03 AM)
from koinibler:

Anyone can clarify that even though the sales charge mention is 5.5%,
but in reality its always deduct only RM 5.21 from RM 100, mean the sales charge only 5.21% 

Is my calculation are wrong?
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how many uunits u got for RM100? waht is the unit price?
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That is because the service charge is a percentage of the NAV per unit and not from the amount paid.
To make things simpler, I use the following formula to determine total service charge. (I forgot how i came up with this 2 years ago!)

Total charge = (Amount paid / (100 + SC)) x SC.

For example, assuming RM 100 paid and SC of 5.5%:
(RM 100 / (100 + 5.5)) x 5.5
= 100 / 105.5 x 5.5 = 5.21

If you replace the SC with 5.5%, then the end result is equivalent to 5.21% of amount paid. But you can use this formula for any other SC rates as well.

If anyone else got an easier formula do share!
lytros
post Aug 23 2011, 09:41 PM

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QUOTE(koinibler @ Aug 23 2011, 09:21 PM)
rclxms.gif nice formula,
although my brain can't comprehend why that, why this,
but its good to know a working/simpler formula that I can rely on next time.
Thanks...
now, need to google BAFIA  doh.gif
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Have been using this formula in my excel sheet.
I tried to work out how i came up with this earlier today... but not successful yet. sweat.gif
lytros
post Aug 25 2011, 12:14 AM

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QUOTE(holybo @ Aug 24 2011, 10:29 PM)
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?
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If you buy today, the price is today's price. (which is announced on the next working day)

This post has been edited by lytros: Aug 25 2011, 12:14 AM
lytros
post Aug 27 2011, 10:42 AM

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QUOTE(Kaka23 @ Aug 27 2011, 09:48 AM)
any news psmallcap giving out dividend?
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It's a capital growth fund, so income distribution is not part of its objectives.
However, fund managers still tend to do give out dividend anyway due to investor's expectations. sweat.gif

lytros
post Sep 14 2011, 04:09 PM

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QUOTE(xuzen @ Sep 14 2011, 01:11 PM)
I have an administrative question for PM-UTC/AM/GAM here:

My DDI is linked to a PB Current a/c and if I do not put enough fund in it, what will happen?

My Upline said nothing will happen and the DDI will continue as normal next month when there is sufficient fund.

The PM branch customer service receptionist told me DDI acts like a cheque and if there is insufficient fund, it is considered as dishonoured cheque and will be penalized.

Same question, two different answers. Can I get a third or fourth opinion?

Xuzen
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I have client(s) who have insufficient funds for their DDI for a few months already. So far no penalty. If there is any penalty for such cases, I'm sure must state clearly before signing people up for DDI. If not PM sure receive lots of complains.
lytros
post Sep 14 2011, 05:00 PM

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Funds with shares traded in Hong Kong & Korea share market are not updated as the share market was closed yesterday.
lytros
post Sep 21 2011, 11:46 AM

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QUOTE(BlueSilver @ Sep 21 2011, 10:34 AM)
hi all, I'm not sure if now is the right time to buy more units for the fund that I have. From what I understand so far is that once the NAV drops, it's a good deed to buy more units.

Please correct me if I'm wrong. blush.gif
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Definitely once the price drop below your average buy price it is good to topup to average down, in the long run if you continuously do so, it is easier to gain profit.
lytros
post Oct 7 2011, 12:27 PM

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QUOTE(mars1069 @ Oct 7 2011, 11:47 AM)
Any idea why oversea funds' price like PCSF & PFES have not updated for latest 2 days?
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Due to related stock exchanges were closed. Not mistaken Hang Seng and Shanghai Composite index.
lytros
post Nov 14 2011, 11:23 AM

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QUOTE(soulzerowen @ Nov 14 2011, 09:01 AM)
guy~ i wanna to know how to set agent in public mutual online via intial investment? from the tab bar i  only can choose "NONE" and "SELECT"... when i choose select nothing come out
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Do you already have an existing agent? Is that agent still active?
lytros
post Nov 15 2011, 08:17 AM

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QUOTE(soulzerowen @ Nov 14 2011, 01:23 PM)
I AREADY HAVE ACTIVE AGENT IN PB... BUT I NOW WANNA INVEST IN PUBLIC FUND.. SO I WAN CHOOSE ANOTHER AGENT.. IZZIT CAN?
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You need a Public Mutual agent for your Public Series funds, as your PB agent is for the PB series funds. For an agent, I suggest call up the nearest Public Mutual branch and they can help you, unless you already know one nearby.
lytros
post Nov 24 2011, 08:32 AM

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QUOTE(l3iTi @ Nov 23 2011, 11:37 PM)
yeah...but it's open for invesment via EPF fund...
so wondering whether to start one...

another question is, if invest via epf, can we do DDI from epf account also?
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No scheduled auto-debit for EPF account. You will need to fill up the EPF investment withdrawal form for every withdrawal transaction (minimum per withdrawal is RM 1K). Amount of withdrawal depends on the amount of savings in account 1 and your age. You can do this every 3 months after the last transaction.
lytros
post Nov 30 2011, 01:36 PM

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QUOTE(aMBu @ Nov 30 2011, 01:11 PM)
hello everybody.. im planning to invest in public mutual.. but not sure where to begin.. need some tips and advise..tx smile.gif
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First thing to do is to get an agent, if you don't know any nearby, you can always contact the nearest Public Mutual branch and they will assist you. smile.gif
lytros
post Dec 30 2011, 07:40 AM

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I'll stick to Dollar Cost Averaging and put in additional on top of that if I have additional cash. The additional cash would go to those funds which NAVs are below my average purchase price.
lytros
post Jan 5 2012, 09:05 PM

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QUOTE(arsenal @ Jan 5 2012, 03:16 PM)
Do i need public bank account?
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No, you don't need a Public Bank account to open a Public Mutual Online account, but it does make initial / additional investments convenient. (via online banking). For repurchases/ selling of units they'll just send you a cheque.
lytros
post Jan 6 2012, 05:22 PM

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I apologize if my earlier statement has triggered a fiery response. And yes not all funds have good performances.
DDI averages down your investments in order to achieve profit when the fund price goes above your average buy price, which is where your entry/exit point plays a role to determine profit or loss. I believe wongmunkeong’s explanation is already clear as above. As for China investments, will the trend continue? And is the risk worth the reward?
lytros
post Mar 6 2012, 10:49 PM

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QUOTE(kucingfight @ Mar 6 2012, 10:45 PM)
Yeap, exactly, it only matters if you know what ur doing. most of us, are in public bonds, coz it's easier to buy/sell
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Why do you say so? Is it harder to buy/ sell in other UT companies?
lytros
post Mar 6 2012, 11:32 PM

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QUOTE(kucingfight @ Mar 6 2012, 11:16 PM)
what i mean was..u can transact online..publicmutual online
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Ah ok.. It is convenient in that sense. smile.gif
lytros
post Mar 21 2012, 07:58 AM

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QUOTE(robhinhood @ Mar 21 2012, 01:15 AM)
hi all investors,

this is my current investment profile. i started public mutual investment since late 90's. most of my investment is done through EPF withdrawal scheme.
my biggest dilemma now:

1) sell all and buy into bonds or just leave it as it is?
2) sell all and return $$$ into epf and get 5% (estimated) interest rate (compounded interest)
3) not very well versed with bonds, i have selected a few bond fund in mind, but after reading the prospectus...  rclxub.gif
PIEF   PUBLIC ISLAMIC EQUITY FUND
PAIF   PUBLIC ASIA ITTIKAL FUND
PFES   PUBLIC FAR-EAST SELECT FUND
PDSF   PUBLIC DIVIDEND SELECT FUND
PIMXAF PUBLIC ISLAMIC MIXED ASSET FUND
PIDF   PUBLIC ISLAMIC DIVIDEND FUND
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For those funds which has reach your target profit or has satisfactory profit, you may consider to switch to bond funds. Do not sell your investments and buy bond funds, your units will end up low loaded and will incur the service charge again if you decided to switch back to equity funds.
lytros
post Mar 26 2012, 05:12 PM

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I did some calculations in excel too, you do get RM3771 after 36 months.
Considering RM100 monthly contribution and interest of 0.25% monthly.

This post has been edited by lytros: Mar 26 2012, 05:23 PM
lytros
post Mar 29 2012, 09:00 PM

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QUOTE(g1bber @ Mar 29 2012, 07:13 PM)
they can tell the difference ? i sure can't sleep.gif
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Actually if you look at the back of our MyKad, on the left side, is a hidden word "SALINAN". (Need to look really carefully). This will appear darker/clearer on photocopy, but on scan and print it doesn't appear.

But I think EPF should just accept scan and print copies as long it is clear. Maybe they are afraid of fraud since anything can be altered digitally, but you already have the thumbprints on the EPF withdrawal form and it's tough to cheat on that (IMHO).
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