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 Private Retirement Fund, What the hell is that??

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max_cavalera
post Dec 13 2013, 06:26 PM

rebirth
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Senior Member
5,613 posts

Joined: Jun 2006
From: Cyberjaya, Shah Alam, Ipoh



QUOTE(kochin @ Dec 4 2013, 09:49 AM)
just got my statement from public prs growth fund.
damn pathetic!
dec 2012, index was 1607.61.
yesterday index was 1824.29

their fund return?!
3.22%

and guess what, it's not net.
another 1.5% or so goes to management fees.

actual return is about 1.7%!!!! for whole freaking year.

shame on you public. you dare to take 1.5% management fee when the fund you manage perform so badly.

just entered hwang about 1 or 2 months.
return already exceeded public full year!
*
bro kochin...i recommend u buy the edge weekly newspaper....back there got Lippr Rating Best Manage Trust Fund....there u can look which is the best that get Lipper Leadeer rating...dont be blinded by public bank or certain bank agent that offer u such product...public mutual used to be good in unit trust but i notice their return have been slowing down greatly...all their fund performance have been a bit dissapointing in recent times....check out eastspring investment(formerly known as Prudential Asset Mgmt), CIMB Principle....theri return on certain trust have been fantastic in this 3-5 years...

 

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