Happy Chinese New Year to u all, hope that great year ahead us.

continue to invest small sums,..but look at from a long term perspective....3, 5 7 years....

if u wan to enter another fund.,.see heir track record - at least a 3 year old fund...and its performance.

i been in four funds to date n sold off one n made good gains..over 3.5 years

Noticed that the amount required in the Account#1 is higher in order to invest with KWSP.

This is from the latest provision from the Budget 2014 IIRC.

hi, i have about 5k worth of units in PCIF, i bought at around 0.21 cost so now still rugi.. what should i do? should i hold, switch or cash out and put my money somewhere else? PCIF is one of the worst fund ever, talk about unit trust being long term, hold for 5 years already still negative profit..

Another top question of the century!

Hi,

I've made EPF withdrawal quarterly for the past 4 years for PIOGF and PISSF. Let say, I've gain profit from one of the fund, then I would like to lock the profit:

Can I make a partial redemption? Does EPF accept those partial redemption (net profit) to be put back to my Acc 1?

Second Q, if I need to switch those net profit to bond, should I meet up my agent to open new bond fund? Can I do this thru PMO eventhough I don't sign up bond fund yet? And where do PM deduct RM25 switching fee?

And last, where do you think should I lock my profit? Bond or EPF (in case EPF allow partial redemption)? Or maybe buy more equity since I'm still young (27yo) to face the risk.

Thanks

1. Yes.

2. Yes, with PMO. Money-market fund, not bond fund. Switching into money-market fund (after holding the original fund more than 90 days), no switching fee. Switch out from money-market fund, a flat rm25 fee - so the switched amount should be big to reduce the RM25 into a very small percentage.

3. Buy more equity. I would start with 100% in equity, but will not OVER invest putting all savings into mutual funds; would put, which would be a major portion especially if just starting working, into savings acct or fixed deposit as emergency fund first.

Will only lock profit when the savings/investment is truly matured before considering a risk balanced portfolio (ie. a mixture of bonds/money-market and equities).

During the accumulation stage, will continue buying when market dips to average down the unit cost. When market trend is going up, will let the fund grows and compounds itself.

Lastly, if I have just amortized the service charge over the past 4 years, I would not redeemed any funds back into EPF; especially if the objective to diversify some of the retirement fund away from EPF; and anyway, the invested amount is just a comparably small percentage of the total EPF money in Acct 1 & 2; and the profit gained another percentage of the total invested amount pulled out of EPF.

You have attempted to TIME the market; and did it with a shitty volatile fund. Its benchmark rebounds, but not the fund!

Maybe switched into a local fund, like PRSF, and hold another 5 years.

B prepare to pay 6% GST fr 1/4/2015 onwards if u buy UT which impose upfront service charges
http://gst.customs.gov.my/en/rg/SiteAssets...ober%202013.pdf

As it is on the service charge, it is peanuts...

The trick is to look for funds with lower service charge.

Total investment: RM100,000.00
5.5% S.C. = RM5,500.00
6% GST on S.C. = RM330.00
Total cost = RM5,830.00

Total investment: RM100,000.00
2.0% S.C. = RM2,000.00
6% GST on S.C. = RM120.00
Total cost = RM2,120.00

Total difference = RM3,710.00.

This post has been edited by j.passing.by: Feb 6 2014, 06:18 PM

By rough calculation, after apply GST, the sc will be
5.5% becomes 5.83%
2.0% becomes 2.12%

So, Public Mutual SC will become about ~6%, should PM lower the SC after GST in place????

Hi,

i have try purchase PISEF thru PMO; but the option not available.
i guess the fund is close for new cash invest.
what would be the similar fund i can choose.?

yes, PISEF is closed. But still open if the money is from EPF.

The 2 other equivalent funds in the FBMS benchmark are Public Islamic Equity Fund and Public Ittikal Sequel Fund. And also Public Islamic Optimal Growth Fund.

PITSEQ is a relatively newer fund, and if based on past 2 years apple-to-apple comparisons, it is close to PISEF in performance.

This post has been edited by j.passing.by: Feb 6 2014, 10:30 PM

My wife got PCIF also..
I asked her what is her strategy...
She say got sure win strategy wor..
"hold till positive"
@.@

This post has been edited by justanovice: Feb 6 2014, 11:30 PM

If your wife bought it during IPO period, do take note that it's still underwater as of current NAV.

-24.4% from IPO price of 0.2500

PCSF is worse at -33.56%

Yea.. It's still -27%... lol

For u could b peanut, for others every cent count

I hope so

It's all relative...when u have RM1K, 10 sen is peanuts; when u have RM100,000, RM10 is peanuts