Hi all pm sifus..recently i took a fund using my epf. The fund name is public saving fund, may i know this fund izzit stable? As i dont want a high risk fund. As mentioned by the agent it is a balanced risk fund but just wanted to confirm again..worried buying a wrong fund.

it's not high risk fund, so do the return
suggest u to try on PIDF, PDSF, PFSF or PISEF
due to highest rating from Morningstar and Lipper

No sifu here, just sharing.
Public saving fund is a equity fund (capital growth), so it is not really a "balance risk fund". How u determined as balance risk? Can u comfortable with 20% loss? Based on this fund history, it is 24.55% earning for 3 years performance, but record 20% loss around Aug 2011.

Bad fund, bad bad fund.

Xuzen

Why bad?

List of moderate (as rated by Public Mutual) and epf-approved funds.
Past 3-yr performance:
Public Islamic Dividend Fund 46.32%
Public Dividend Select Fund 45.09%
Public Regular Savings Fund 44.98%
Public Index Fund 37.11%
Public Ittikal Fund 33.88%
Public Growth Fund 26.89%
Public Savings Fund 24.55^

Public Industry Fund (closed) 34.99%
Public Balanced Fund (closed) 8.72%

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PSF is an old fund, nearly 30-years old.

Easy to sell and be convinced and pulled into UT investment when shown its past performance chart since inception with its impressive 900% plus growth!

Cheers.

Personally, I won't recommend PSF (Public Savings Fund). The CAGR is below my expectation. (Since commencement CAGR is only PSF 29/03/1981 7.7897%)...My minimum CAGR is at least 8% and above.

hi

question from a total noob...recently i had to purchase fund from a close relative..gave her cheque under Public Mutual name and also signed t forms n photocopy IC. Now how do I know the account is opened or invested? will there be any passbook or something?

thanks

No passbook.

You should receive some letter in snail mail for the transaction.

This post has been edited by David83: Jun 27 2013, 09:59 PM

In the other hand, your relative - the servicing UTC should update you your account information via CAMS2. All unitholder's profit/loss is accessible by your existing servicing UTC. Good Luck!!

Its bad because he invest first before asking question.
Fund is okay, but right now definitely bad investment decision.

Although, the probability of him earning profit is high (PSF, old man fund, not really fun, but stable),
but cannot always rely on luck. Must do research first.

I based my statement on Pub-Mut Bhd own report i.e. Rtn & Volatility Measures for Public Mutual Funds for 3 years period ended 31/3/2013 which is a report only accessible to its own agents.

Agents who are worth their salt should regularly assess it (through UTC Connect) and make scientific calculation so that to benefit clients.

Sadly, many do not and we end up agents advising all sort of nonsense to the mass market such as asking client to buy shitty funds like PSF.

OK, lets get back to business:

PSF avr rtn for the past 3 years is 6.01% p.a. Its benchmark i.e. FBM KLCI is 8.16% p.a.

PSF 3 year average std-dev is 10.0% and FBM KLCI's 3 year average std-dev is 10.3%

PSF perform below its benchmark and it is just as risky as investing into KLCI. Why should we pay 5.5% service charge and 1.5% annual management fee to the stupid fund managers to perform even worse than its benchmark?

The above is my reason to say PSF is a bad, bad bad fund David.

Xuzen

Xuzen is RIGHT !!!

not like insurance ar when i sign up got policy with the terms and conditions? coz wanna make sure as i sign 2 person (me and my bro), scared in case she change name or signing mode (i requested two to sign, afraid my bro wants her change to Either to sign)

what do you all think about public smallcap fund?

PMO have new look, with PRS function in it. Besides that, u can change distribution instruction now. But still can't cancel the DDI thru PMO.

Quite good for me, as it is big profit portion of my Public Mutual portfolio.

What is CAMS2

Is it still open for investment?

Why u interested in it r ?