Whether they pay/dun pay dividend, there is no effect on the NAV

Really?

Yup
If they dun pay dividend, price n units remains the same
If they pay dividend, price will drop n units will increase. When u calculate, the investment value remains d same as though nothing happen

"The price will drop"...(the price here mean "NAV" (net asset value) right?
if yes, it means the NAV affected right?..but you just mentioned "there is no effect on the NAV"

Wat I meant was NAV value
If u refer to NAV/unit, of coz it will drop after pymt of div

OOps,...i thought NAV only mean
"An investment company calculates the NAV of a single share (or the "per share NAV") by dividing its NAV by the number of shares that are outstanding. For example, if a mutual fund has an NAV of $100 million, and investors own 10,000,000 of the fund's shares, the fund's per share NAV will be $10. Because per share NAV is based on NAV, which changes daily, and on the number of shares held by investors, which also changes daily, per share NAV also will change daily. Most mutual funds publish their per share NAVs in the daily newspapers.

The share price of mutual funds and traditional UITs is based on their NAV. That is, the price that investors pay to purchase mutual fund and most UIT shares is the approximate per share NAV, plus any fees that the fund imposes at purchase (such as sales loads or purchase fees). The price that investors receive on redemptions is the approximate per share NAV at redemption, minus any fees that the fund deducts at that time (such as deferred sales loads or redemption fees)."

Hopes u understand

apa pun tada...how much you left inside? i kosong this fund untill rm1k...only

I didn't withdraw even a bit and every month DD. Accumulate quite alot of money. Planning to withdraw it soon. Think about it si beh bo song.

What a failure listen to sales agent?

Ming Ming my investment can score 100% mana tau this investment is a failure.

just repurchase all my funds units..
wonder how long will my public mutual online account stay active?

Thank you sir, for making sure that the fund manager continue to get his/her fee. You have contributed to his economic well-being.

Xuzen

This post has been edited by xuzen: Aug 29 2013, 01:08 PM

Somebody here said 7 years

Actually no. My equities are getting the beating but my fixed income value maintain or rose slightly compare to a month ago. BTW, I have 13% in MM for contingencies, so actually 50% in fixed income right now. Got the ammo ready in anticipation of market downturn.

My agent continue to meet us on monthly basis. She said to make sure we stay with her as she get 0.0x% a year of the total funds under her name.

What are your fixed income funds?

PIINCOME & PSBF

This post has been edited by kimyee73: Aug 29 2013, 04:11 PM

worse, you now pay tax to the government. Better don't have redistribution.

of course he understand. he is the famous Uncle Looi of FSM thread...

Agreed

Oops.....
M xchanging swords with d Master