The updated NAV prices seemed to be a bit late tonight... maybe due to the "big" jump in the bonds and sukuks.

My sukuk switched in May just showing 0.15% increase... a simple annualised figure would be 0.26%.

Makan bubur this year if depending on bond/sukuk fund to give returns. The income distributions by these funds will 'eat' into the principal amount (eg. its current value is less than its invested amount)... alright to those investors who need these annual distributions for "regular income", but to investors in the accumulation stage, it is advisable to hold more equities.

There is no guarantee in unit trusts even in bonds or sukuks. The closes thing to FD would be the money-market funds which is just below FD rate at about 2.8%.

A fixed income can also refer as any fund that has annual income distribution policy stated in its prospectus. A good example of a fixed income fund is Public Bond Fund, which is closed. Some equities, like PDSF, also has annual distribution policy.

The 'fixed income' refer by Xuzen in the Equity/Bond ratio would refer to money-market/bonds/sukuk funds... as these funds might not necessary provide a fixed stable income as it used to be (as proven in the sharp drop in bond funds recently) but will not drop much in value when compare to equity funds in an adverse market.

Try holding 100% in equities when you are already past the accumulation stage...

in the accumulation stage....(and) already past accumulation stage also more hold more equities? typo error?

This post has been edited by yklooi: Dec 20 2013, 11:15 PM

Try it... who knows, maybe your stomach is iron-casted.

Yupe..true...hope my example didnt confuse nightstar type of invesment which is annual distribution and fixed income.

thank clarify.

Don't worry, we don't leave our brains behind coming into the internet for information... but looking at the past 2 pages, it does not give much confidence whether this is true.

Regarding the bond/equity ratio formula, it is a general guide. In the accumulation stage (or initial stage of investing into unit trust), it could be 100% in equities regardless of your age.

In fact, it should be 100% in equities. As posted recently, it is silly to purchase bond fund as a new investment (with service charge of 1%), unless the bond fund is a means to park the money for switching in a more regular mode into an equity fund. This is a good strategy (using DCA method) especially with EPF withdrawals, which can only be withdrawn once every 3 months.

By the way, it was announced that the new service charge of 1% was on bond funds. Is it specifically on bond funds and not including money-market funds?


Revision of Sales Charge on Bond Funds
With effect from 1 October 2013, the sales charge on Bond Funds (except PIN BOND)
will be revised from 0.25% to 1% of NAV.

Hi all sifu, I would like to diversify outside MY to hedge against devaluation of ringgit. Also, since v pay money to fund manager, would like a fund which fund mgr could move around the funds to different sectors / regional / bonds / as appropriate.

Am thinking of Tactical Allocation Fund, kindly let me hv ur comments or other recommendations. ... thx in advance.

This post has been edited by XtraLeoGecko: Dec 21 2013, 11:53 AM

does it suit your risk profile?
pro and con
http://www.publicmutual.com.my/LinkClick.a...GVo%3D&tabid=86

In my context, fixed income = bonds/money market.

Xuzen

Easiest way is to go down to SG and buy global mutual fund there.

Or, get in contact with a Licensed Financial Planner and get them to open a global wrap account domiciled at one of those zero tax country like Cayman Island, Isle of Mann, Monaco. Minimum investment is RM 150K only cheap cheap nia.

Xuzen

The easiest way is switching into any foreign funds like Public Australia Equity Fund, Public Singapore Equity Fund or Public Global Select Fund. Which was the 3 foreign funds in my Supreme Buy-and-Hold portfolio model.

All the foreign funds would have the related country risk as well as its currency risk. The currency risk will hedge against the ringgit. Good time to buy PSGEF; the STI index is still below its 200-day moving average.

Invested Public Ittikal Fund since 2008 and do monthly repayment of RM 100, not bad so far. =)

I plan to switch my PSBF to PIX next Feb. Bit regret to have switched it from PIX to PSBF previously.

The concept of "move around the funds to different sectors / regional / bonds / as appropriate." is ideal. If a fund manager can switch into the right category at the appropriate time, the fund would a run-away success.

However, no such run-away fund exists AFAIK, locally or overseas. Locally there is Tactical Allocation from PM @ ~11%, or HL Strategic Fund @~15% for the past year. Not spectacular. Quite "average", or below even.

This post has been edited by howszat: Dec 23 2013, 12:23 AM

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 13 December 2013 for your information. Regards Customer Service

hello, if I wish to close my public mutual account, can I just walk in any public mutual branch to close it? Maybe like submit my IC and fill in some forms?

Yes, basicly PM office can do everything except receiving payment or give payment. That need to manage with bank.

thank you very much!

Mind to share why u want to close up the account?

just saw this in the application form.
RM 300K, RM 400K and RM 500k...is only applicable for applicants aged 50 and below at date of application.