Sorry ya... off topic sikit. Just to share...

MAAKL is also another very similar to Pub-Mut unit trust company which is very agency based structure.

Now Jaguh Kampung MAAKL has been eaten, swallow whole by another giant fish called Manulife Asset Management.

Soon, FSM will be carrying MAAKL funds under Manulife umbrella.

More agent out of job liao...

Xuzen

News: 2 new money market funds only available to "Public Mutual Online (PMO) subscribers only."

Nil service charge... and nil redemption charge.

This could be as good as having a fixed deposit online, with minimal initial investment of RM100, and minimal additional investment of RM10.

Switching into these new funds from other funds is NOT allowed. They are essentially funds to act as FD or to park your money before buying other funds.

Since there is no redemption charge and no service charge, it would be better to redeem (as in sell) and then purchase other funds instead of using the 'switching' facility which will incur RM25 each switching transaction.

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On another note, will a new country fund as like the Singapore and Australia funds will be launched soon for Thailand?

http://www.bangkokpost.com/business/financ...und-flow-begins

"Investors in Thailand, Singapore and Malaysia can now buy and sell mutual funds issued in any of the three countries. "

hi j.passing.... TQ for sharing. Agreed, new fund as temporary FD online.... also understand, if redeem, money in our account the next biz day (like T+1).
No switching fee, only standard service charges (5.5% or etc) applies as I understand........

You got it right - my mistake as the RM25 fee is for 'transfer' (to another person), not switching fee. And I'd posted before about no switching fee when switching from low-load units to loaded units... getting older and more forgetful.

Yes, switching will have an immediate effect, while redeeming and then purchasing another fund will delay the purchase by 1 or 2 days.

Since we cannot switch from other funds into these new Cash Deposits funds, I think Public Mutual is trying to promote and make full use of its online system for fresh investments.


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I don't think I'm alone in not putting in anymore fresh investments when there are cheaper alternate avenues.

If they are to remain competitive, the service charge has to be lowered.

Maybe they could do it in a series of minor policy changes... like adding the distribution of the Public Series funds to Public Bank, and follow up with allowing the switching of units between Public funds and PB funds, allowing a new investor to open account online or with minimal help at Public Bank (and Public Mutual branches), and eventually lower the fees online.


This post has been edited by j.passing.by: Aug 26 2014, 02:18 PM

Dear Unitholder,
We wish to inform that you may now click on the link below to view the Market Review for the week ended 15 August 2014.
http://www.publicmutual.com.my/MarketReview.aspx
Regards
Customer Service

if i want to withdraw my fund (it's PB series btw), do i have to walk-in to the bank?

if yes, can i walk-in to the branch that i DID not place my order?

This post has been edited by adele123: Aug 27 2014, 08:18 PM

Someone is charging 0.57% till Sep 2 in conjunction with 57th Merdeka.

This post has been edited by iamoracle: Aug 28 2014, 10:19 AM

Did you know that when approached by a unit trust consultant, you have the right to request for the person's relevant credentials?

By law, all unit trust consultants/agents must be registered and have successfully completed and passed exams conducted by regulatory bodies such as FIMM before they're allowed to market unit trust products, regardless if they're full time or part time agents.

The FIMM card/license must be present with the unit trust consultant when marketing its products and those without the relevant license are not allowed to market products to the public.

Should you ever be approached by personnel that does not have the relevant license, a complaint can be lodge to the Securities Commission of Malaysia or SC.

U may visit any Public Bank branches for PB series redemption

Public Mutual declares distributions for nine funds

The mutual fund, which is a unit of Public Bank, declared gross distribution per unit of eight sen for the Public SmallCap Fund.

For the Public Islamic Treasures Growth Fund it declared 2.50 sen per unit; Public Indonesia Select Fund (one sen); PB Asia Emerging Growth Fund (two sen) and PB Islamic Equity Fund (1.75 sen).

For the PB Indonesia Balanced Fund, the gross distribution per unit was 0.50 sen; PB Bond Fund (3.5 sen); Public Sukuk Fund (four sen) and PB Sukuk Fund (3.5 sen).

URL: http://www.thestar.com.my/Business/Busines...for-nine-funds/

8 cents for PSMALLCAP is rather disappointing for a great fund. That's about 10% return from the last DR unit price (0.8017).

china funds starting to shoot up...

3/9/2014 gains:
PCSF 1.80%
PCTF 1.69%
PFEDF 1.70%
PBCPEF 2.14%

takeoff started since the 2nd qtr...

but all are still way below par value except PUBLIC CHINA TITANS FUND.

Just got a message from my agent that PIOF will be closed from 15/9. This fund to me (and in my opinion) is benchmarking PSMALLCAP except it's an Islamic fund.

started market began vibrant since CHINA lift the ban IPO

http://www.euromoney.com/Article/3293281/C...y-clean-up.html

Thank you, thank you, thank you. This makes my decision to top-up so much easier.

I have had started into this fund this year; and the annualized returns of these purchases ranged from 8% to 14%. The XIRR is 13%.

My latest switch into the small cap funds was in early July, the drop last month set back the funds several weeks but still above the early July level.

(Yes, birdman, finally decided to incorporate XIRR into the worksheet... have the data someplace offscreen so that it won't disrupt and change the view of the 'main page'.)

Thanks for the informative link.

Am still staying off China funds...

Good to hear that.

Hi I'm newbie here, was introduced by agent on PBB funds as below so would like to get advice from Sifu/Master here if it is a good investment and right time to enter? Thx a lot!

EPF withdraw
- PISEF
- PIDF
- PRSF

Cash monthly investment
- PITSEQ
- PRSF

Am assuming you already knew of service charges... otherwise do a bit more of reading some previous posts.

1. I would not mix up or overlap funds that can be bought by cash and from EPF. Different service charges, 3% and 5.5% respectively. I would try to get more bang for the cash purchases in more volatile funds like those small cap funds that are not EPF-approved funds.

2. Easier to time the cash purchases than using EPF... since you can do the cash purchases online, while with EPF, you need to hand in some forms manually in person, and/or making appointments with the agent or taking time to go to a branch office.

3. PITSEQ (PUBLIC ITTIKAL SEQUEL FUND). Why this fund when the Ittikal fund is available to EPF purchase? PITTIKAL has a longer and better track record, and also comes with free PA insurance if above RM5000.

4. Click the "Show posts by this member only" on the upper right if you want to read some of my previous posts. Hope some of them would be helpful.

Cheers.

PITSEQ also got Free PA Insurance from RM5k to RM100k (Maximum).

so i withdrew my pb series fund. the pb staff told me 10 working days to process.

that's worse case scenario right? i thought public mutual works fast enough.