PM funds are good as well. FMS also offers good funds..

If dont want much headache to monitor ownself, get UTC to manage for you (if you manage to get a good and commited one la).

If wanting to learn and want to manage own $$, go for FSM..

bos, apa tu "CUTA"?

same here; only purchasing a certain bond fund - 0.25% charge.
KLCI still got legs and running up... missed the rally.

now you know! more people joining my private crusade!

Private Retirement Scheme. Why this new development when EPF can be more trusted as it is too big to fail? If you have hit the max ceiling for tax rebate, ask boss to slightly adjust salary by increasing employer's contribution since employer's contribution to EPF is not considered income and is tax free. I think it can be adjusted up to max of 19%.

Can be done, I meant none! My posting is usually based on personal experience.

The online option is better because it offers both Public and PB series of funds, while PM agent can only sell Public funds. Yeah, the service charge is still the same...

When purchasing online, you can also open double (or even triple) accounts on the same fund by selecting Initial Investment instead Additional Investment. I did it by selecting "none" instead of using the same agent's name.

I don't have time to call up Public Mutual during office hours.

Just a quick queston: I know that PM only allows us to do DDI on either 8th or 18th of the month.
1. Possible if I make manual purchase in a weekly basis? Eg. i go to the public mutual branch on Thursday, fill up the form (i don't know what form should it be) and then submit the form at the counter, then the next day public mutual will process my form and buy in units according to the amount I fill up in the form. Something like that?
2. Possible for me to do DDI on BOTH 8th AND 18th of the month?

er.. Sis, U have Public Bank a/c? Can do online purchase leh - and do what U are thinking online instead of running around.
ELSE if U registered for Public Mutual Online, ALSO can do online.
The only prob is - this aint DDI and if that fund U are investing in "closes" for additional investments but not DDI, sorry - game over.

Hit that brick wall before with PSmallCap and PBond, via investing online through PBBank

This post has been edited by wongmunkeong: Aug 13 2012, 10:28 PM

I see!

Thanks for swift reply!

Some things to note:
(1) Good agents are rare
(2) Good and Committed agents are even rarer (if they exist, we would not need the rest of those salesmen/women)
(3) If you make a loss, that's your problem
(4) Sales charge are higher than EVERYONE else
(5) PM performance lost out to other fund managers in ALL categories. It's the biggest, but cannot manage to win anything in any category. It's just like going to the Olympics and claiming you have the largest number of Bronze, but no Silver, and no Gold. And yet charge the highest fees.

Question: why should anyone invest with PM?

I'm open to ideas why I should not move to other channels which offer better performing funds at lower costs? (1% compared to 5.5%)?

1.PM not allows to collect cash, so u hv to go to PB for weekly top up. fill up addiionalinvestment slip with ur acc and name.

I'm not saying collecting cash.

don't feel sad...

DDI (Direct Debit Instruction). Never try this yet; if not mistaken, the only benefit is when the fund is launched, there is a small discount on the service charge (like 0.5%) when you put in the DDI during its introduction period.

If I remember correctly, you cut the DDI to PSmallcap and then it closed for new investment... right?
Why get hook up on DDI, when it is more convenient to do online purchases as and when we want. You can even do it now at night...

KLCI is really up, making new record today (and Olympics was over yesterday!). It is only good if you're trading in stocks (I think), but if we're investing for long term in UT, better to put any purchases on hold for the time being. DDI would be too automatic when it is best to put on hold new investments.

If you haven't done so yet, do apply for Mutual Online and PB e-bank to make purchases online in the meantime. PB e-bank is not really necessary if you have another e-bank account. The difference is that PB ebank has no online banking limits; the transaction limit is then based on your PB account balance.

Cheers.

u cannot submit cash via PM branchs, hv to go PB.

got it?

hi guys, lately i have been approached by a public mutual agent to invest in pb.

i got few questions wana ask

1) if i direct go bank sign up, cheaper compared through agent?
2) what funds u guys suggest me to look into
3) should i wait after election only i sign up? because election will cause market correction lol

Need your advises. thanks

Corporate Unit Trust Advisor....one license to sell them all.

Xuzen

my precious....

If you buy from bank, the bank earns the comission.

If buy from an agent, the agent earns the comission.

2) won't answer coz too many variables.

3) Yeah, wait after election if you are thinking about local funds per se.

Xuzen

---

Added on August 14, 2012, 3:56 pmHe he he WMK is quick to notice my parody.

Anyway, I have access to Pub-Mut fund data, FSM's data and soon.... to add to my little collection, Phillip Cap's internal data for better data comparison.

Xuzen

This post has been edited by xuzen: Aug 14 2012, 03:57 PM

means can sell UTFs from any fund house?

yup, very powderful weapon + access rights (data!!!!)

This post has been edited by wongmunkeong: Aug 14 2012, 04:01 PM

And don't foget... the ZERO sales charge, is that attractive enough? Also off-shore funds. Labuan anyone?

and and and not to mention....

Very low cost Mega-index funds like Vanguard S&P 500. How does 0.1% annual management fee sound to you? Still want to pay 1.5% AMF?

Xuzen

This post has been edited by xuzen: Aug 14 2012, 04:11 PM

MACAMANA DAPAT ITU BENDA SIFU

Step 1: Get the required academic qualifiation e.g. CFP, RFP, ChFC

Step 2: Get minimum 3 years relevant working experience in the financial industry.

Step 3: Apply to Sec-Com for CUTA lic.

Step 4: Sell them all.....

Xuzen