yesterday i discover...see and look here the topic..no one making noise..



Thanks god....some one notice PM nav..even BOND NAV whipe up every thing perfromance.

Possible MGS hv hit 4%, making BOND fund to be volatile.

die-lah then,..i still got some $$ in P Strategic Bond...

The worse hits are the islamic bonds and sukuks; wiping out all the gains made in 2 months.

mine fund..what j.passingby mention...worst hit..at islamic bond and sukuk.

Here's something for the weekend; updated the "Ultimate" portfolio (copycat version).

YTD till 21/11/2013.

Benchmarks YTD%:
Public Sukuk Fund 2.66%
PB Sukuk Fund 2.66%
Public Islamic Infrastructure Bond Fund 2.66%
Public Islamic Money Market Fund 2.56%
PB Asia Real Estate Income Fund 5.30%
Public Far-East Property & Resorts Fund 6.71%
Public Industry Fund 6.26%
Public Select Focus Fund 15.51%
Public Islamic Opportunities Fund 31.94%
Public Ittikal Sequel Fund 10.03%
Public Far-East Telco & Infrastructure Fund 3.25%
Public Islamic Asia Dividend Fund 6.88%
Public South-East Asia Select Fund 0.59%
Public Global Select Fund 21.16%

Funds YTD%:
Public Sukuk Fund 1.70%
PB Sukuk Fund 1.81%
Public Islamic Infrastructure Bond Fund 3.47%
Public Islamic Money Market Fund 2.58%
PB Asia Real Estate Income Fund 4.02%
Public Far-East Property & Resorts Fund 11.09%
Public Industry Fund 8.82%
Public Select Focus Fund 7.73%
Public Islamic Opportunities Fund 25.07%
Public Ittikal Sequel Fund 13.68%
Public Far-East Telco & Infrastructure Fund 12.32%
Public Islamic Asia Dividend Fund 3.15%
Public South-East Asia Select Fund 2.14%
Public Global Select Fund 23.84%

Total YTD% weighted to the portfolio (with 6% on each of the 10 equity funds and 10% each on the 4 sukuk/money-market funds):
Benchmarks: 7.51%
Portfolio: 7.67%

=====================
Comments:
1. PSFF (among last year's topmost funds) is well below its benchmark.
2. PIOF is the top local fund at 25%; but is also below its benchmark.
3. The sukuk funds is below FD's YTD rate of 2.66%.
4. Portfolio YTD is a respectable 7.67%. As at 5-Sept, portfolio was 5.99%.

Will be introducing another model with slightly different set of funds; it would be the model that I will restructure my current portfolio to for next year and coming years for the long term.

Cheers.

xuzen, pls advise what is your takes on this? have you got the latest set of data? i intent to dump the last of my EPF withdrawal next month to PDSF to increase the exposure from 11% to about 15% of portfolio. thks

just following up from page 68 of post# 1360 ...26/7/13

This post has been edited by yklooi: Nov 25 2013, 10:24 AM

Model portfolio: The Supreme 30/70 Buy-and-Hold Portfolio.

Let’s recap first on Paul Merriman’s Ultimate Buy-and-hold Portfolio. It is 60% on equities with asset allocations on small cap value (24%), large cap value (24%) and property funds (12%); equally distributed between local and foreign funds; and equal weightings on each fund with 6% on each of the 10 asset allocations. The 40% on money-market funds is for portfolio stability. His research had shown that, based on the S&P index, a 90% of a portfolio on equities has a risk of taking a 50% lost in any particular year. When the equities are reduced to 60%, the lost is statistically reduced to 25%.

Not everyone can stomach a 50% lost, thus the 40/60 recommendation. Remember this is a buy-and-hold portfolio strategy. If you can’t stomach the lost and exit, you’re not following any strategy as you have thrown the strategy out of the window and abandon it.

The Supreme 30/70 is 70% on the equities, slightly more aggressive since we (most of us) have EPF and other savings. Also Public Mutual funds is known to be more conservative compared to other funds. But how aggressive it is and how high a lost can it reach in any particular year in future? Frankly, I don’t know.

So you will need to adjust the ratio based on your own judgement (and research) to suit your needs. For simpler maths, I use 5% instead of 6% on each equity fund, thus it is simpler to adjust the ratio and the number of equity funds. 70% would be 14 funds.

The Supreme 30/70 portfoliio is 30% money-market, 10% property and real estate, 10% ASEAN region, 30% local and 20% foreign funds.

The property and ASEAN funds are “core” funds. Core funds are the core of a portfolio; other funds in the portfolio may be substituted with similar funds, but not the core funds.

Let’s get the money-market funds out of the way first. As there are both Public and PB funds, there should be at least 2 money-market funds. Again for simplicity, I have 3 funds with 10% each.
*PB Cash Management Fund
*Public Islamic Money Market Fund
Public Money Market Fund

(* EPF approved funds.)

Now, the 14 equity funds as follows.

The core funds:
1. Far-East Property & Resorts Fund
2. PB Asia Real Estate Fund
3. South-East Asia Select Fund
4. PB Asean Dividend Fund

The local funds are:
5.Public Islamic Opportunities Fund
6. Public Islamic Treasures Growth Fund
7. Public Strategic Smallcap Fund
8. *Public Regular Savings Fund
9. *Public Optimal Growth Fund
10. *Public Islamic Select Enterprises Fund

Half of them are on small cap funds (that are open for investment). Their benchmarks, respectively:
FTSE Bursa Malaysia Small Cap Shariah Index
90% FTSE Bursa Malaysia Small Cap Shariah Index and 10% 3-Month Islamic Interbank Money Market
FTSE Bursa Malaysia Small Cap
FTSE Bursa Malaysia Top 100 Index
FTSE Bursa Malaysia Top 100 Index
FTSE Bursa Malaysia EMAS Shariah

And lastly, the foreign funds:
11. Public Global Select Fund
12. Public Australia Equity Fund
13. Singapore Equity Fund
14. PB Asia Emerging Growth Fund

Playing to the strengths and weaknesses of Public Mutual, funds that have large holdings on China/Hong Kong are avoided and excluded from selection.

So how did this model portfolio performed so far? YTD till 21/11/2013: 8.66%.

Cheers.

PIDF data still show better risk adjusted return wrt PDSF. PISEF of course is the runaway winner by far.

Yklooi, you wuss, 15% only ar? I am holding 40% of my equity portion in PISEF..... Grow some balls man.

Xuzen

p/s I have a sprinkle of equity exposure in Eastspring Inv Equity income, Kenanga growth, and Eastspring small cap. You will ask why all M'sia equities? that is because EPF only fecking allows me local jaguh kampung funds.

already wrinkled....cannot grow ha-ha.
thanks for the input
intend to have PDSF + HS Dividend Fund = 20% of my M'sia exposed Dividend asset class in my portfolio

Public Mutual declares income distribution of RM154m for six funds

Public Bank’s wholly-owned subsidiary, Public Mutual, has declared income distributions of more than RM154 million for six funds.

In a statement today, Public Mutual said the gross distribution for Public Select Alpha-30 Fund was 2.25 sen per unit, 3.50 sen for the Public Islamic Sector Select Fund and Public Islamic Alpha-40 Growth Fund at 1.25 sen.

The Public Islamic Infrastructure Bond Fund saw a higher income distribution of 4.25 sen per unit, while for Public Ittikal Sequel Fund and Public Islamic Mixed Asset Fund it was set at 1.75 sen each per unit.

Public Mutual is Malaysia’s largest private unit trust company with more than 90 unit trust funds under management and has over 2.9 million account holders.

As at end-October 2013, the total net asset value of the funds managed by the company was RM60.6 billion.

Started investment in PBond in 2010
Lately the performance is pathetic
Is it advisable to hold on or dispose?

At times, investing in mutual funds is like playing a game of chess. Which move to make? Well, it depends on the position of the all the pieces on the board.

Take a look at the other funds and the entire portfolio; how are their positions? What role does this particular fund play in the portfolio? Is it in an attacking or defensive position? Or is it a sacrifice piece that will not have a major impact on the game if it is captured but will enable the other pieces to make winning moves?

One advantage over chess is that we don't take turns to make a move, and don't have to make any move if we don't have to.

Wow!

Which PBond? Maybe switch to equity fund?

Thanks Bro

Public Bond Fund
Not keen switch to equity

It is a must keep fund, among the best bond fund in Public Mutual.

Recently, all bond fund is not good, not related to a specific bond fund.

can anybody teach me how to withdraw/liquify funds in public equity fund?

you can do thru online - call repurchase. @ https://www.publicmutualonline.com.my/pmblogin.aspx, register yourself at branches.
Else call you agent to do so.

This post has been edited by felixmask: Dec 3 2013, 08:12 PM

Need help, want to ask:

What is the minimum mandatory holding in terms of Ringgit Malaysia in Pub-Mut unit trust funds to qualify to buy the Mutual life funds.

That is the only thing so far that is still worth to buy from Pub Mut Bhd.

Thanks.

Xuzen