Don't think this will work with Malaysian focus funds. Likely for Global or US focus funds. Malaysian sector funds doesn't really track this "sell in may and go away".

I have been waiting for a chance to get into local funds... should have jump in in January, but was wrongly thinking that the election would be in March, so waited and waited for the market to dip... well, it will dip sooner or later.

In the meantime, am holding 50/50 ratio... so all is good. 

Was holding up to 75% in equities, just pull back some... so I was "sell before May, and go away". 

can provide link to "new switching policy" for Public Mutual?
i try searching but cannot find it.
thanks

Any idea on how to choose a good public mutual agent? Heared many a times from friends that their agents are not following up after making the sale and losing money

Any idea on how to choose a good public mutual agent? Heared many a times from friends that their agents are not following up after making the sale and losing money

can provide link to "new switching policy" for Public Mutual?
i try searching but cannot find it.
thanks

Not effective yet I guess.

October 2013 IIRC.

then, any link to current swiching fund policy?
thanks ya.

1. Switching of units is considered a withdrawal/redemption of investment from a fund and an application to purchase units of another fund.
2. Switching of low-load units of bond/money market funds into equity and balanced funds will be subject to service charge.
3. Switching of loaded units may incur switching fee (of up to 0.75%) which is deductible from the redemption proceeds. The net proceeds will be processed into the "switch to" accounts based on the NAV per unit at the close of the business day:

For switching request made within 90 days of the date of purchase of units/switching into the fund, a switching fee of:
- 0.75% or minimum RM50 per transaction will be deducted from the redemption proceeds for switching from equity/balanced funds.
- 0.25% or minimum RM50 per transaction will be deducted from the redemption proceeds for switching from bond funds.
- RM25 per transaction will be deducted from the redemption proceeds for switching from money market funds.

For switching request made after 90 days of the date of purchase of units/switching into the fund, a switching fee of RM25 per transaction will be deducted from the redemption proceeds.

4. For Mutual Gold & Elite Members, the 18 and 30 switching entitlements valued at RM25.00 each can be used to offset switching fees incurred. For eg; if the switching fee incurred is RM75.00, a switching entitlement of RM25.00 can be used to offset the switching fee, thereby unitholder only incurs RM50.00 on this switching transaction.
5. Switching transacted before 4:00 pm on any business day will be processed based on the closing NAV per unit of the same business day whilst switching transacted after 4:00 pm on any business day will be processed based on NAV per unit of the next business day.
6. Switching for foreign funds transacted during non-business days of the funds will be processed based on pricing determined at the close of the next business day when both the Switch From and Switch To funds are opened for trading.
7. Public Mutual reserves the right to reject any switching request that it regards as disruptive to efficient portfolio management; or if deemed by Public Mutual to be contrary to the best interest of the fund. Switching requests which are rejected by Public Mutual would be treated as a redemption of units from a fund and a rejection of application to purchase units in the intended fund. As such, unitholders will receive payment of redemption proceeds in the event of a rejection in switching requests.
8. For full switching, please advise the bank to cancel your Direct Debit Authorization immediately.
9. Successful switching transactions will be processed within 2 business days.

can't cancel DDI through PMO.
need to fill form and send it to PM office.

If want to create DDI, yes can do it through PMO.

I just received letter that my servicing agent has resigned.