Hello, so anyone still holding PCIF / PCSF like me? Loss around 40%. If i am not mistaken, the brochure i got for these funds states expected result for coming year is -x%, means the fund anticipated loss further?
Seriously all pro here, any reason for us to keep this fund?
Also just curious, if funds under perform like this, any impact to fund managers? Just wanna know if these ppl will strive harder to make adjustments.

Fund Manager income is from the Management Fee, which is calculated as a % of the Net Asset Value of the fund.

The only possible implication of underperformance is, investors withdrawing from the fund --> reduction of fund NAV --> reduction of management fee charged

Other than that and loss of reputation, why would they care?

Thanks for ur comment, that's why i'm moving out my funds to be managed byself, it aint so complicated anyways save on fees and so.

Same situation here. Mine also loss more than 40% for PCIF & PCSF. But after consulting the tai gor and tai kah che here and also my PMF agent, i decided to pump in more money for these two funds and average out the cost and hope to break even or get some slightly gain after 2 years. After that i will either switch to other fund or withdraw out and do other investment. It's not advicable to cut lost now according to my agent.

Sometimes this may backfire. Reason? Opportunity cost

Admiting defeat, sell all and buy into another performing fund or even a bond fund may in the end give u better returns than keeping a laggard fund.

http://www.theedgemalaysia.com/index.php?o...17960&Itemid=79

Err. Bro, what you want to show us with the link?

yea ... but consult someone who is good in shares and he told me china going to perform in the next 2 years. So just follow his advice for another 2 years and see how it goes.

The report is somewhat implying that even the Chinese government feels that chinese shares are grossly undervalued.

You mean going directly into the share market? If you can lose 40% in unit trust, hope you don't lose your shirt and pants in shares.

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Added on September 1, 2012, 3:36 pmSomewhat true... if only we can pinpoint which is going to be the better performing fund, otherwise it's jumping from one fire to another. As for a bond fund, it can be too conservative... no risks, no gains.



This post has been edited by j.passing.by: Sep 1 2012, 03:36 PM

Thx for ur advise. I am ald in share market long time ago. But this UT is bought via fren n stayed for few years till now my fren also quit as agent ald. So no need give face to fren now can sell ald. Not much left now anyway a bit less than 10k in pcif

10K as "give face"

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Added on September 1, 2012, 4:36 pmJust like betting at casino, u keep betting Big and it kept coming out Small, then u change to Small and it goes the other way.

For me, -20% is the limit I can take, anything lower and I'll get out. If it comes back up, then I might go in again. In investing, perseverance or should I say stubborn head gets u nowhere but head-on against a raging bull or a hungry bear

This post has been edited by Pink Spider: Sep 1 2012, 04:36 PM

Well not only give face bur i also hope it will bounce bck but seems doesnt look like it. Well less than 10 k la

rightly said! sometimes no luck, and really no luck... take advise and tumpang the bet, as they say in chinese, tumpang the boat and sinks it.

So carry on the ride and hope sunk boat can turn into submarine. Must have holding power to survive, I meant must able to hold your breath under water.

Jump ship now and landed in nowhere land with small amount, or let it sink to bottom... at least you see the bottom.

bottom got gold mine and oil wells... can strike rich

nah, not hoping to strike it rich at the bottom... floating up again will do... and it will, even dead bodies will float up. It's a matter of how long you can stand the stench before giving up.

now i am waiting for malaysia market to perform badly..
kakakaa

Dear Unitholder,
We are pleased to attach the market wrap for the week ended 17 August 2012 for your information.
Regards
Customer Servic

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 24 August 2012 for your information. Regards Customer Service e-mail proclaimer This e-mail and any attachment is intended for the addressee(s) only and may contain information that is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its contents is strictly prohibited. If you have received this email in error, please notify us immediately by return email or our hotline 036207 5000 and delete the document. This communication has not been transmitted via a private or secure link or in encrypted form and is therefore subject to the usual hazards of Internet communications, nor can it be guaranteed that this communication has not been the subject of unauthorised interception or modification.

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for 8 of its funds. The total gross distributions declared for the financial year ending 31 August 2012 are as follows:

Fund Gross Distribution / Unit

Public SmallCap Fund 6.00 sen per unit
Public Indonesia Select Fund 1.50 sen per unit
Public Islamic Treasures Growth Fund 1.50 sen per unit
PB Islamic Equity Fund 1.50 sen per unit
PB Indonesia Balanced Fund 1.50 sen per unit
Public Sukuk Fund 2.25 sen per unit
PB Bond Fund 1.50 sen per unit
PB Sukuk Fund 1.75 sen per unit

small cap 6 cents.. nice too bad i didnt hold it.. fuuuuu