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 Public Mutual v3, Public/PB series funds

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xlancer
post Aug 9 2012, 12:14 PM

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QUOTE(titus85 @ Jul 25 2012, 11:53 AM)
Hi, any1 holding PB CHINA AUSTRALIA EQUITY FUND (PBCAUEF)? It has been more than 2 yrs, bought since launched and still making losses. Called and the agent from Sri Petaling has resigned. agent out there should inform client when to sell whether profit or not. when buy that time say how good is the fund, china and australia booming, better than put in FD. nonsence PB agent only know take commission without alert client.
election is coming, any idea should hold or sell off. making lost of 30% now.
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Same situation here. GG.
We have the same agent i guest.
She and He just called me to switch to their OCBC fund instead of holding there.
xlancer
post Aug 9 2012, 04:27 PM

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QUOTE(wongmunkeong @ Aug 9 2012, 03:46 PM)
and if U do so, U incur service charges again for OCBC's equity funds...
then the fler moves to CWA and U move again?

These kinda "agents" should be shot on sight.
They should at least have the decency to give options to their customers - if that equity fund didnt work out, what are the most probable causes and what are one's options + costs.

Moving from one fund house to another is literally selling, not "SWITCHING", off then buying in again, incurring the dang services charges again  shocking.gif
No better or more cost effective options meh?
and er.. don't tell me lump sum whack again ar?

Note - even the donkey PCSF can make $ in 2008/2009 buy-in transactions, if one did value averaging & dollar averaging, and took profits at abnormal gains tongue.gif
Thus, selection of fund is one thing, execution plans is the other 50% of the puzzle.

Just a thought  notworthy.gif
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I did reply her that "It is not SWITCHING" then she claim that fund is dying. It will not make it back if stay in pbb fund.
No doubt they are "double agent" for other competing brand...
Most likely they get fired and now they start their own agency via gorek all ex-client.
xlancer
post Aug 10 2012, 12:00 PM

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Reit is better for now...

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