Guys.. my mother was thinking of buying public mutual bond funds. Our investment goals are roughly as below:
- Minimal risk on principal.
- steady gain of ~5% PA is okay for us.
- Target to withdrawal is ~3-4 years.

I usually go for public bond fund (PBOND) but it's full for now. Any better suggestion?

PI INCOME
PISBF

Both around 5% p.a. and has little volatility.

Xuzen

Are there agents out there? i would like to change my PM agent.

kparam... where are you!!!??

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Added on October 3, 2012, 4:27 pmwhy la you so much bullets!!!!

This post has been edited by Kaka23: Oct 3 2012, 04:27 PM

Mahaguru

Aiyo - i'm a kiamsiap / stingy fler mar, save save for umpteenth years, like some fellow who can afford big jewels.
Anyhow, not much bullets comparatively, to those bigger cannons here (U know who they are lar - Stocks to Mutual Funds, Gold King, Super Statistician & Probabilitcian ) They are the REAL mahaguru. i'm the stingy-guru

This post has been edited by wongmunkeong: Oct 3 2012, 04:58 PM

why? maybe i can help u.

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Added on October 3, 2012, 9:59 pm

This post has been edited by kparam77: Oct 3 2012, 09:59 PM

i don't care about Mutual Gold benefit..

i still rather WANT lower charges (currently,0.75%) for less than 90 days switching of funds..
Just imagine switching 100k funds...!!!

i have stop investing eversince the blooody ruling.

u are trading/speculating, NOT investing

Excuse me...
It our money...right?
and they also allow switching online...right??

Tell me...which agent of yours advise you to switch to better fund...??
Mostly ask you to invest and let it grow only..
Get commision and contact you again in few month time to invest further.


Everytime there is a new share selling at 0.25 cents...ask you to buy but when listed always drop below Rm0.25 MOSt of the time.
AND you call this investing????

Don't need to get all fired up, I'm not a UT agent and not even a PM investor

Trying to beat the market by trading is like gambling at casino, u win some, u lose some, in the long run u lose out.

Just my 1 sen opinion...

tell me...what the purpose of investing in mutual fund then?
it also a form of speculating as well.

I always look at long-term.

I also bought a fund that lost 20%++ within a year
But 4 years later it has made a comeback and now I'm getting annualised returns of 3% (yea not amazing, but from -20% to +12% in 3 years, it's 12% annualised)

U may ask, why I didn't switch out?

I ask back, how sure are you that the next fund can outperform i.e. deliver 12% p.a.?

U may end up like my favourite metaphor, u betting dices at casino u bet Big it opened 5 times Small, then u switch to Small and a streak of Big comes.

how sure are you that my fund isn't performing much better eversince i take charge of switching IN and OUt all by myself?


I only complaint about the switching fee coz it eat into my "earning"!!

This post has been edited by MakNok: Oct 5 2012, 10:31 AM

even u trade shares also got brokerage fee, clearing fee and stamp duty for EACH transaction...just live with it.

My latest switching:[SIZE=1]




If i didn't do switching then;


(4/10/2012)
PUBLIC SELECT BOND FUND
(PSBF)

[COLOR=red]1.0185

164,186.82 x 1.0185 = RM 167,222.27


Switch to Public Equity Fund

(3/10/2012 )
PUBLIC EQUITY FUND
(PEF)

0.2759

622,206.25 x 0.2759 = RM171,666.70


See the difference!![SIZE=1][COLOR=blue]

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Added on October 5, 2012, 10:56 amSo..care to tell me what the brokerage fee..clearing fee and stamp duty??



This post has been edited by MakNok: Oct 5 2012, 10:56 AM

too long no trade shares, forgot already

0.42% brokerage fee if using online, (RM 28.00 min per transaction), 0.03% clearing fee and 0.1% stamp duty.

Total = 0.55% per transaction.

Still cheaper than 0.75%.

But if you switch after 90 days, then a flat rate of RM 25.00 per transaction.

It becomes cheaper than share trading.

So, if you want cepat masuk, cepat keluar.... go online share trading.

If you only want to rebalance once a year, because you have a life outside your computer screen, then public mutual is a viable option.

Xuzen

thx for the info
but i just want to maximise my mutual funds portfolio.

what i am trying to point out here is, there is still "money" to be make if active movement in the market.
i base my switching base on KLCI index movement and also looming Budget announcement at that time.


I switch on 24 Sep which happen to the dropping to 1,612.38.
(Public Select Bond Fund to Public Equity Fund)

At that time, i have 164k units of PSBF which generate me RM167k approx.

As from yesterday Public Mutual Fund Prices (04/10/12);

(a) 164,186.82 x 1.0185 = RM 167,222.27 <---- If i didn't do switching.

Switching to PEF ;
(a) 622,206.25 x 0.2785 = RM173,284.44.

The difference is Rm6k estd[SIZE=1][COLOR=blue].

This post has been edited by MakNok: Oct 5 2012, 01:45 PM

Wah I don't know which share broking company you use... nowadays brokers can get 0.1% cash upfront minimum RM 8 already... This one pay first then only buy, similar to UT right?

If the 0.42% is based on buy first pay later T+3, also most minimum already RM 12...

I am migrating towards ETF already and liquidating my PM UT's...

This post has been edited by gark: Oct 5 2012, 01:49 PM