hi all..i am very interested to invest in public mutual..but because of my job scope(marine eng) i cannot monitor all the funds and it will be appreciated if somebody guide me regarding this investment..and 1 more thing..uniflex by pb..is this prog still applicable..and i just wanna know the benefit and all infos bout this uniflex prog cos i want to have od for other good investment opportunity..thanks guys..

I bought the fund 5 years ago when it is listed and never recover my return. No dividend pay out what so ever for the time it is listed and you guys still want to buy this fund??? I think this is one of the worst performing find in Public Mutual. You better buy the Islamic fund which give consistent return even at bad times...

Seriously: NO NO NO for China Funds.

Unit Trust is long term, that why you dont need to constant monitor every day vs stock.

Uniflex you need to go Public Branch to ask the infor.

http://www.pbebank.com/en/en_content/perso...ns/uniflex.html

UNIFLEX
If you are a Public Mutual Unit Trust holder, you can pledge your funds as collateral to obtain additional financing for your personal use.
UNIFLEX offers:
Flexible financing for Overdraft, Fixed Loan or a combination of both.
Financing from RM10,000 to RM500,000.
Competitive interest rates.
High margin of financing.
Loan tenures of up to 10 years.
Minimum documents required.
Fast Approval

Thanks for ur info..correct..unit trust is long term..but if there is any agent that can guide me then u r most welcome..regarding the uniflex, has anybody experience with this program??just wanna know if this is the good prog to get od facility and at the same time u can still earn dividend from ur unit trust..

OD = loan , personally i dont like own bank
must check what their repayment method they given.
UT dont give dividend but distribution, where you can see of sudden drop of NAV. Risk you need to think of:

1) Risk you may face when there is a panic or recession, then your NAV will drop becoz market not good and ppl mass withdraw their investment.

2) OD interest may higher that your distribution, becoz UT dont gurantee distribution what tomorrow will look like.

Investment is best save the money to invest not borrow money to invest. you may end up losing your money.

tq for ur points of view..thats why i wanna know if we use this uniflex,switching fund is permitted or not..if there is any charged to change fund if that particular fund drop in performance..because some agent are really confident that every year this or that fund will give profit..at least higher than od interest which is blr -1..means 5.6% pa..if like this, maybe should be ok...MAYBE..

PM agent dont process Uniflex for customer, i dont know where you got ideas getting OD to invest more.
Play safe for investment is to made sure understand own Portfolio appetite and Cash management.

UT is for long term investor the reason you not having shocking news to monitor like stock.


let me give example- let said you only hv 1 type of investment you may need to know your asset/liability you putting one game.
If you correct then you get 100% return at you PM, also total of asset you having. If you losse you investment, it may need to take year of saving and hassle/suffer to get back the capital to invest again. Understand the asset portfolio before come a decision to use 100% asset - to gain higher return.

Some ppl maybe having more that 1 type of investment, the uniflex they took becoz of aggressive appetite could be 10% portfolio. Any thing happen they most loose their 10% at Public Mutual fund. Becoz they still have 90% of investment at other place will gain back their 10% in matter of time.


Pls note total investment you have and putting all the egg at 1 basket to play.

If you need a finaical planner i can introduce Certify Financial Planner to evaluate your investment portfolio. PM me.

Smart investor will use money to made money, not risk everyting in 1 basket.

This post has been edited by felixmask: Jul 15 2013, 04:57 PM

Thanks for your suggestion..as for me, uniflex is for people who want to invest in any other investment such as property, for example auction house which they need some cash around 15k-20k to get a good auction house below 100k(low cost apart/flat) which 30-40% below mv. If u get a good house at prime area, u can either rent it(double u get from your installment)/flipping(sold at MV price it within 1 year). but at the same time u can let public mutual generate it profit without touching it. Coz for me i want liquidity of my money. But this is just my humble opinion..its good u can introduce me your financial planner..thanks a lot..

Can't answer the 1st part, as I yet to use my units as collateral in a loan or overdraft. And hopefully, will never come to this stage of being further in debt to a bank... You would need to inquire further with PB bank staff on whether the units will be locked or not.

As for the 2nd part, this is a timely article I read over the weekend. "What's Wrong With My Portfolio?" http://www.marketwatch.com/story/whats-wro...12?pagenumber=1

"I see lots of people stuck in a cycle. They buy a fund because of its good track record. Inevitably, the fund lags so it is sold in favor of a new fund with strong results during the period the first fund lagged. Then that fund lags and is sold in favor of a new good performer. Some investment firms ride this cycle too. They put the lagging funds on a "watch list" when it lags and, if performance doesn't pick up fast enough, they dump the fund. This is a losing strategy. Each new fund must not only outperform, it must outperform by enough to make up for the old fund's lagging results.

You have to know what you own, why you own those holdings and what to reasonably expect from them. If you don't, you can easily be distracted by data. Further, when the inevitable bad market environments arise and your confidence in your choices is tested, the patience and discipline required of you may not be there. Good luck and keep developing your savings habit while you learn about investing."

Truly agreed with the last sentence on "savings habit". I also see unit trust funds as savings more than they are as an investment.

Hi everyone ! I'm extremely new to Unit Trust, I'm planning to cash out my FD and dump it in Unit Trust, as it is highest interest, also risk. Can anyone suggest me on what and which Fund should I invest in ( long term with high return and fairly amount of risk ) please ? Highly appreciated.

That's a good reason of having ready cash... but a better financial plan is having cash, fixed deposits and unit trust funds in various proportions, rather than having all in UT equities and then borrowing or overdraft for a particular investment opportunity.

I think you are being oversold by the agents on the OD facility. No doubt, the OD facility is good to have down the road (and it should a long road)... it should not be an immediate necessity.

An immediate necessity would means that you are more or less 'investing' all you have budgeted as once or almost at once. Agents would rather want this to happen, a big sale! They would lack the patience to wait for the commissions to roll in slowly.

But why should we rush in? As a 'saver', rather than an 'investor', I don't see any "opportunity lost" if we apply the Dollar-Cost-Average method of investing over a period of time.

I came across this phrase last week... "Lost opportunity is better than lost money."

Cheers.

Go back 2 or 3 pages... same advice... go in slowly and conservatively, while learning the ropes, with a moderate fund.

Also read widely... another good read over the weekend... "John Bogle's million-dollar advice." http://www.marketwatch.com/story/john-bogl...10?pagenumber=1

Vanguard Group of mutual funds would be like Public Mutual funds in our local context; except that PM charges the highest fees!

What's the difference between PM and Fundsupermart ? Initially my thought was Unit Trust is just like FD for PM - where all I need is give them my money and they'd manage for me. Little did I know, it's not much of a difference with Fundsupermart. Hmm.

PM is a fund company - they do the whole thing.

Fundsupermart is an investment platform ie. they are agents for various fund companies.

PM funds are only sold by PM and PB bank, cannot be bought in Fundsupermart platform.

Lastly, unit trust fund is a pool fund of monies to invest in equities, and bonds, or a mixture of both. FD (fixed deposit) is with guaranteed interest. UT has no guarantee returns. Whoever told you that Unit Trust is "sure to profit wan", is a liar.

As i am concerned, uniflex use your units as collateral for overdraft and u can switching fund as usual and it is not locked. But i just wanna know if there is anybody in here who experienced using this facility and can share with me..maybe this can be an alternative from previous method that many people use..od asb..but already freezed..

A public mutual agent called me say want to meet up and see what he can offer... I am already with FSM, so don't want other fund houses already

aiyoh... kek si lah! FSM is not a fund houses la... if you already with FSM, don't tell us you only buy from one fund house when they represent several fund houses. So your excuse is lame and feeble.

Tell PM agent straight and frank, "sorry, no want PM. FSM no charge me high high like you; only 1-2 percent nya."

Good news: KLCI broke thru 1790... on its way to 1800.

Bad news: bet on the wrong horse... it's not catching up to its benchmark and still way, way behind...

Worse news: had bet more on the wrong horse than the 2 other winners.

Worst news: none.

Don't shut ur door just yet. why not listen what offer PM can offer u and share with us here.