Trust me,
it will happen
I am waiting to pounce on it.

can provide link to "new switching policy" for Public Mutual?
i try searching but cannot find it.
thanks

then, any link to current swiching fund policy?
thanks ya.

finally..
a steep drop in our local market.

Time to make some monies..
hahaha

my hunch is right after all.

On 23/05/2013, i switch from PRSF to PIMMF
Total Unit that time: 280395.84 at NAV 0.6697 cost RM187,781.09

Switching to PIMMF attract 0.75% switching charges at RM1,372.87
Ended i have Total Units: 179083.70 worth RM186408.22 at NAV 1.0409

But looking at PRSF today which drop tremendously at NAV 0.6599
i could be looking at RM185033 in value only.

Tomorrow hopefully it will drop MORE so that i will switch back to PRSF

switch switch to equity now..

hahaha.

too late..switch liao..
knife liao

but i will still invest thru EPF today..

Islamic Money Market to Regular Saving Fund

that is a huge difference...just withdraw epf yesterday.
will faster invest again in 3 month time.

If use EPF funding,
go for PRSF...

but that my humble opinion.


PRSF
http://mutualtracker.com/funds/view/43

PDSF
http://mutualtracker.com/funds/view/9



This post has been edited by MakNok: Aug 26 2013, 02:07 PM

Me and my "idea".
Buy low Sell high and in my case ..trying to "maximise" mutual units
Of course in the process, flying knives kena a lot

See the RED[COLOR=red] circle



I rather incur the 0.75% penalty fees than see my mutual swinging like Tarzan up and down.

I have now for my PRSF ----- 284,977.41 instead of 280,334.14
The differance is i get to lose RM3k less if market drop but gain RM3k if market upwards.

You get my drift

okko

explanation here:

if you just leave the fund without doing anything

just after GE13
See prices movement here
http://mutualtracker.com/funds/view/43


6 May 2013,
i switch to PRSF from PIMMF
total units is 280,395.8[COLOR=blue]4 (RM 183,126.52) at 0.6531

if i just let it sit there

10 Jun 2013 at 0.6784 (RM 190,220.53)
25 Jun 2013 at 0.6516 (RM 182,705.92) <--------- drastic drop to estd 1720 KLCI index
22 Aug 2013 at 0.6549 (RM 183,631.23) <----------another drastic drop to estd 1720 KLCI as well.
(As long mutual fund units stay the same, the value is always roughly same)[COLOR=red]

Above is based on my total units of 280,395.84[COLOR=blue]
Question is,
How to do better than EPF?
Just hoping that Malaysia keep going up is not going to work anymore.

On the two date which i incur 0.75% switching fee which cost me RM 1,372.87
23 May 2013 and 14 Jun 2013
My PRSF total units is reduce to 280,334.14[COLOR=green]
( Speculation fail but minimal losses )[COLOR=red]

Just imagine if i just let it sit there hoping for miracle
On 22 Aug 2013,
my portfolio worth only at RM 183,590.82

On 15 August 2013
i decided to switch to PIMMF which incur another penalty at 0.75% (RM 1,398.86)
(PRSF at 0.6823)


i managed to switch back to PRSF at 0.6666
which now total units is 284,977.41[COLOR=purple]


Now
i have 284,977.41[COLOR=purple] units instead or 280,334.14[COLOR=green]

If the price can go back to my old switching price of 0.6823
my value is now RM 194,440.08 instead of RM191,271.98


Hope you understand when i say
"i am trying to buy LOW and sell HIGH" even though at 0.75% switching fee

This post has been edited by MakNok: Aug 26 2013, 04:49 PM

i tried and read the market almost everyday.
If possible, do Online switching.
As long you do it before 4pm, it will be that day pricing.


Use KLCI indices as your guideline,
Mutual funds tend to follow pattern



This post has been edited by MakNok: Aug 26 2013, 04:59 PM

Hahaha
No Risk No Gain, right?

See my posting again.
Whatever EQUITY funds you invested now will have same scenario like mine as long you do nothing on it.

check on your fund on this specific date
25 Jun 2013[COLOR=red] at 0.6516 (RM 182,705.92) <--------- drastic drop to estd 1720 KLCI index
22 Aug 2013[COLOR=red] at 0.6549 (RM 183,631.23) <----------another drastic drop to estd 1720 KLCI as well.

I bet your portfolio also suffer the same fate as mine.
Just imagine if you can do "CORRECT" switching and even incur 0.75% penalty,
you just might have more units eventually.

I have done that and that is why i share here.

One more thing, don't switch to bonds as it will attract another 0.25% penalty when you switch back to equity less than 90 days.

me too,
just left one last EPF withdraw coming end Nov.
Just apply EPF withdraw to topup my PRSF,

This post has been edited by MakNok: Aug 27 2013, 08:33 AM

still waiting lo...