Yes, for EPF, the service charge is 3%.

"Sell in May, and go away"

Just took some profits off the table before 4pm & off loaded another 25% of the portfolio to money market/sukuk funds. All foreign/Asean funds. Scared market will continue dipping tomorrow while we're in holiday for the long weekend.

Now very heavy in money market/sukuks (75%)... will slowly get back into equities, maybe 2 months later from August onwards.

2013 still looking good. So far, already gained above 7%.

Happy holidays!


==============

Local Horses.

Managed to catch a local horse (islamic dividend) yesterday. Switched from PSEAF. A small bet - only 5%. The sole local horse in the stable.

Not that it is running faster and ahead of others, just a hunch that the horses will lose direction and run off track soon, but this particular horse will not stray too far and will get back on track faster than others.

Let's hope I made the right bet.

Indonesia horse still got stamina? I compare Indonesia with Australia. Fund movement almost the same. But Indonesia is less volatile and higher gain.

Hi guys, new to Public Mutual. Can open account through Public Bank internet banking? I don't have PM account or anything yet. I won't be in Malaysia as I am based overseas. What are some solid low risk bond funds with them? Looking for solid a 5-6% or above.

This post has been edited by stanny: May 23 2013, 11:23 PM

i think Public Enhanced Bond fund has a good track record for this 5~6% ROI pa. previously the minimum sum is RM100k per purchase...now, i think PM just change to the to RM1000...surf Public mutual for details about opening a/c.

I am in PBEbank online site. Under investment there's a Public Mutual Unit Trust section where I can register or something. However, it asks for Fundholder Acc no which I don't have. Do I just simply put anything for this?

I wonder why PAUEF keeps going south

Ok I just went under PBE bank online under investment and filled up the form and put in RM100 and nothing happens. This is wierd. I deleted that thing and now my RM100 is missing.

AUD is weakening against USD below 1.00. Australian market is not going that great lately due to negative stream of bad news hit Australian equity.

My holding in CIMB-PRINCIPAL AUSTRALIAN EQUITY FUND is also being impacted greatly.

This post has been edited by David83: May 24 2013, 04:52 AM

Dont forget that australia election will be held on september or november if im not mistaken. So there will be more volatality coming up. Plus the weak economy data.

No, as far as I know, u need to sign quite number of form to open a account. Can't do thru internet banking.
5-6% return only for their top bond fund, which currently is closed for investment.

share share lah which horse that you mention


You can get more eloborate info from Public Mutual website rather than PBe online.

Also, birdman is correct. For the first time, you need to open the account through agent.
Then, you open online account but need to go yourself to PM branch.
Later, everything you can do it by yourself. No need agent anymore except for additional services

best be own agent service yourself and family. Get back the comission.

yes, that correct too. Same goes to my case.

But still, first need to find an agent and become his/her downline.
If straight away go to PM office, still they will appoint someone to be you upline.

I only have south-east asia funds (PSEASF and PBADF). I could be having it (PINDOSF) latter in the year; I read some comment that there could be a brief pullback in Indonesia and it could drop as much as 12%.

With yesterday Nikkei's sudden drop of 7% after it opened in positive territory, I'm more inclined to believe anything could happen.

Stock markets 1-year and year-to-date gains (from today's bloomberg):
KLCI 18.67% 6.38%
STI 25.77% 8.71%
ASX 30.60% 9.59%
JCI 32.72% 20.67%
SET 47.32% 17.58%
HSI 25.74% 0.96%

The 1-year figures are moving, and could varies much if it hits some deep troughs or peaks. It was as high as 50% for Indonesia and Thailand.

The YTD figures are accumulations for the year. KLCI is still way behind JCI and SET.

2 ways for KLCI to catch up - run faster or other horses run slower. Or maybe KLCI will never catch-up. Who knows?

"islamic dividend" still not clear enough. PIDF - Public Islamic Dividend Fund.

The other small-cap horses were all running too fast to catch - already missed the opportunity; and all these small-cap horses already gained more than what they did last year.


=============

Foreign horses.

Don't forget there's currency risk in betting on foreign horses.

If ringgit goes from RM3.05 to RM2.96, it is a 3% gain. Which means a sudden lost of 3% in the NAV price when the value of the foreign horse is converted to ringgit NAV.

This happened on Monday immediately after GE13. Thankfully, it never occurs too often, and the ringgit is moving slowly back above 3.00. But it does remind me of the risk in not having any local horses in the stable at all.


=============


P.S. PIDF is not a small-cap fund. It is heavy on blue chips. From its 2012 Oct report, it has some reits, and some small percentage in Taiwan and Singapore; hence the reason its NAV price is updated next day unlike the 100% local funds which are updated at about 7.30pm. Syariah compliant - so no Genting, Berjaya Sports, Carsberg or Guinness; if you want these stocks, go for PDSF (Public Dividend Select Fund).

This post has been edited by j.passing.by: May 24 2013, 02:19 PM

Dear unitholder We are pleased to attach the market wrap and regional market review for the week/ fortnight ended 10 May 2013 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.

Hi, between pidf and pdsf which one should invest and why?

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 17 May 2013 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.

question :

I've just done switching on some funds.
1. It was before 4pm so the switching price is based on the current trading day right?
2. how long does the transaction float? I switch to PISEF

THANKS SIFU SIFU

last time i do switching just need 2 day the see the money in the new fund.
btw, its doesn't matter how long it float, cause it will always back dated on the day of switching.