if the whole index fund also lose and underperforming??
Public mutual launch several UT and give bunch of fancy name, just want to earn extra bucks by charging management fee etc. Simply put this way, they don't care.

The reason for investing in equity funds in the 1st place is to try and beat index returns

+100 on the countless funds

I see PM fund list I also

How many equity funds one needs?

Conventional
- normal
- dividend fund
- small-mid cap
Islamic
- normal
- dividend fund
- small-mid cap

By right, a good fund manager only needs to have 6 equity funds

Also, KLSE ain't that large to have that many stocks to pick from

*** Found the data I was looking for. Please disregard my thread below.




Need your help.

Want to know the performance of PM Regular Savings fund over the last 10 years. Checked PM and other web sites, can't find the data. Want to know the yearly returns.

Please let me know where I can get the data.

Many thanks.

This post has been edited by plumberly: Sep 14 2012, 11:28 AM

To continue on the topic of risk, this is mainly for the newbie (warning: academic stuff ahead):

Risk can be classify into specific and non-specific.

Specific risk can be diversified out. E.g, you hold Nestle and Genting share in equal portion.

For argument sake, should Nestle being sued because the Ministry of Health found traces of Melamine in their Maggie Mee range. The price drops by 50%, but your Genting share will not be affected. That is call diversifiable risk aka specific risk.

Now, lets say, an earthquake happen and the Genting Resort and Nestle factory got severly damaged... both their stock falls by 50%, this is non-specific risk and you cannot diversify it.

However you can diversified the the earthquake risk by say buying Nestle stock in Zurich stock exchange and Genting Singapore. So what happens in Malaysia will not volate your portfolio.

So, now we expand a little... lets say you buy a mutual fund consisting of 30 major stocks in Malaysia, another mutual fund that consist of 500 stocks in the US, and a bond fund consisting of Euro dominated bonds. Now you are seriously diversified and your portfolio risk is lesser than the individual asset class. Should Euro bond drops, your portfolio is supported by Malaysia stocks and vice-versa.

Should the unfortunate happen i.e., M'sia stock, US stocks and Euro bond drops simultaneously..... than it is called non-specific risk which you can do nothing about. But for that to happen is quite rare.

Just my lil'lecture on risk.

Xuzen

Good post there. Exactly the reason why I've always supported the idea of having a globally diversified portfolio. Yes, Malaysian equities are resilient, deliver consistent returns, but how sure are you that it will remain so forever?

Pink Spider, thanks for sharing the equity funds type.

If based on the following funds, what do you think about it's strategy?

P Balanced
P Islamic Dividend
P Islamic Mixed Asset
P Islamic Select Enterprises
P Islamic Select Treasures
P Ittikal
P Regional Sector
P Savings

Thanks.

are u interested in islamic funds? can try research about PIOF & PIOGF..PIEF also good to research..i think kparam77 is good to explain..hehe

Ya, kind of keen to explore why are Islamic funds being promoted more now. Is there any specific advantages vs conventional type funds?

islamic funds follow shariah compliants..... conventional not follow the shariah.

pls google waht is shariah compliants.

im not too goodlah... still learning also

check this.... http://www.publicmutual.com.my/LinkClick.a..._4%3d&tabid=248

see the fund objective, risk profile, asset allocation, past returns.. etc.... u will get some clear picture.

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Thanks kparam will try to goog more info.

Another question, if I purchase PM funds via EPF withdrawal, will I get certain priority when reach certain amount of investment eg Priority Banking in Public Bank?

Hi all. 2 questions for Public Dividend Select Fund (PDSF) :

1. When dividend declared, does the NAV drop (just like share price drop on dividend ex-date) and extra units credited to your account?

2. Performance from May 05 to today is about 138%. Does this mean if I put in RM 1,000 on May 05, I would have ~$2380 worth today? Is this the correct way to read it? (not counting fees/service charges)

Hope sifus can educate. Thanks in advance!

mutual gold?

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

---

Added on September 18, 2012, 8:16 am1.yes.

2. yes, if u started the investment from the 1st day of this fund.

This post has been edited by kparam77: Sep 18 2012, 08:16 AM

kparam, thanks. Looking at most newer PM funds launched within the past 5 years, most are underperforming versus their benchmarks or providing somewhat poor returns especially considering the service charges.

I asked about PDSF because it is one of the few funds that shows a decent track record. I have mutual gold status but the PM fund performance is not making me impressed or confident to keep investing.

I wonder if you or anyone else has comments about this. Please do share!

which are the funds u investing?
since when?
underperfoming?local funds?which?
ur age?
ur risk tolerance?conservative?
what is ur plan?retirement?

Which funds you investing in? Lump sum? Since when?

PDSF is moderate income funds. mainly invested in local market. main objective to get steady dividends yield and give annual income to investors.

the money invested in is after deduct the SC. so, i think the fund performance not related to SC. but yes,management fees and trustee fees are take into calcualtion for daily NAV price, which can affect the fund performance VS benchmark.

kparam and kaka, thank you for your response. Firstly a disclaimer, I judge fund performance a lot by PM website Fund Performance tool. So if it tells me in 3 years the returns is 30%, I assume an investment of $1000 became $1300. I do not know if PM takes into account service and maintenance charges when they build these charts.

I have invested since 2007 with PFEDF, PFEBF, PSEASF. I switched majority some years ago to PCSF (ouch ). Then about 1 year+ ago to PNREF and PFA30F.
Age 30+ today. (At the time) I intended for high risk tolerance. Plan was capital gains in medium term (5-10 years) better than FD,EPF and outperform benchmarked markets so theoretically better than playing share market myself.
I invest a combination of DCA and lump sum.

So lets go a little deeper. PCSF is probably an infamous case study by now. Market down is acceptable because that is how markets are. What is really the disappointment was how badly PCSF underperformed vs benchmark. Same for PNREF and PFA30F. After I while, I wonder if I should just have invested in the benchmark profile, rather than the fund itself. It would take more effort but I'd probably do better and save on service/maintenance fees.

Later after few years doing PM, I try more stock market, its easier to react faster when buying and selling. Overhead cost of trading is lower. But I still do monthly investment DCA for PM as an alternative basket.

Now, I am rethinking my fund investment and whether I would be better off shifting out of PM. It seems that many funds are low % average annual returns, due to high overhead and (again most disappointingly) underperforming vs benchmark. After looking at past 5 years EPF payout, the returns are actually better than many equity aggressive funds.

I do acknowledge some funds are performing well. But I start to feel the inherent risk and costs of PM seems high. For example, I am looking at PFETIF fund and its performance is good, outperform benchmark and 26.81% from start to-date. Some may consider this a good fund. But, EPF return over same period is virtually the same. Your thoughts?

ur invesment value need to calculate including all the relaven charges and fees. the chart showing exclusive SC.

its looks like u r a china funds lover. all the funds u invested has asset allocation in china market. local minimal only. if u look at the funds same period with local funds, u can c the diff, local funds doing well compare to those funds u invested as at now..

china stocks considered as undervalued stocks, so, the price now at discount prices. if u realy aggressive, shud take the opportunity to top up. but cannot guarantee abt the future performance.

if u dont want to take any more risk, switch all the fund to bond fund now. dont exit. switch back to local dominated funds later. maybe after the GE.

PFETIF doing well too. ya, why not switch all to this funds. but again. not guarantee too for future performance.

u only can compare the funds which approved by epf. u may not c much diff below 5 yrs. its need time to break epf returns unless market up, up, up. funds can outperform EPF returns after any big crashes like 2008.

suggestion only:
local market dominate by EPF and PNB. so, its better invest those funds ride with this dominators. the risk is minimal compare with china market dominated funds at the moments.