oh I see, thanks.

Cheahcw2003, I have issues with schemes like this.

These type of collective investment schemes are not transparent at all. For example, you do not know what is the true value of the unit price. Your unit is forever priced at RM 1.00. Even though market go up, your unit price is still RM 1.00, isn't it silly? Say the market goes up 20% and you wish to sell the units, what price do you get? RM 1.00, how come not RM 1.20?

OK, you may argue that when market down you still can sell at RM 1.00. Now, let's turn the table and ask, should market drop 20%, you want to top up, how come you still pay RM 1.00/unit, not RM 0.80/unit?

Furthermore you also cannot evaluate the performance of the fund manager since there is no benchmark, i.e., you cannot scientifically evaluate the performance of the manager either. And don't compare this to FD because you have to compare apple to apple; orange to orange.

Xuzen

a blogger view on
Amanah Saham Bumiputera (ASB) vs Unit Trust Fund
http://invest-made-easy.blogspot.com/2013/...s-malaysia.html
Amanah Saham Bumiputera, Taking Loans to Pay Dividend?
http://invest-made-easy.blogspot.com/2013/...g-loans-to.html

This is just my personal observations.
If I am not mistaken, PNB is the biggest mutual fund company in South East Asia, they hardly trade shares but only accumulating shares, so dividend is their main source of income instead of capital gain. You can verify this by looking at the top 10 stock holdings for ASB for the last 10 years. The top 10 holdings stocks are more or less the same like Sime Darby, Maybank, TNB....just the number of holdings keep increasing due to the increase in fund size.

Assuming 1 business cycle is = 10 years, we usually have 6 good years and 4 bad years. In good year, dividend return could be 12% in average, in bad years dividend is zero ( as there is no negative dividend). So in good year, PNB pay out 8% to their ASB investors, and carry forward the 4% surplus to the following years. Thus in bad year, they also able to match the 8% p.a. return.

My assumption is PNB usually only accumulate stocks, they do not trade stocks, so during the bad time, they don't occur capital lost probably only paper lost during bad years. PNB's strategy is to invest in dividend stocks.

any good fund to invest recently?? personally favor PRSF, PDSF, PITSEQ.. wanna listen to the PM sifu here..

Post #1 page #1
these 3 links CANNOT use??

More: http://www.publicmutual.com.my/page.aspx?name=aboutus
1. Daily NAV price posting

URL: http://www.publicmutual.com.my/application/fund/detail.aspx
3. Fund Performance Chart

URL: http://www.publicmutual.com.my/application...erformance.aspx

The updated one should be:

http://www.publicmutual.com.my/AboutUs.aspx


http://www.publicmutual.com.my/application.../fundprice.aspx


http://www.publicmutual.com.my/OurFunds/Fu...manceChart.aspx

thanks, how to inform the TS about these links?

Bond funds at 1%!!?? Rather pay the 1% for bond funds at FSM

David, need ur help to update the post #1.

any different?

I think yes, most of bond fund at FSM hv higher return compare to bond fund at PM.

I am seeing bigger pic. Willing to pay 1% because when switch to equities, it will be max 2%.

Updated.

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 9 August 2013 for your information. Regards Customer Service

Jakarta exchange just dropped by 5.5%... and still going down; 2 days in a row, about 10% in total.

Public Indo Select was like above YTD 19% in June, now probably below zero wiping out all it gained this year.

Maybe a good time to get in this week... but will wait for September to readjust my funds.

Cheers. Happy hunting.

just repurchase..falling sword..

FSM analyst is not favourable on Indonesian market for South East Asia region.

i have concern of Indo Fund, scare it mimic China Select Fund...never go up....

any guy..think..FF out..hard to get Jakarta Exchnage to push up again.

No fund can be so bad like CSF!