Public Mutual has launched a new fund, Public Strategic Growth Fund (PSTGF) on Monday that focuses on index, blue chips and growth stocks.

It said PSTGF is an equity fund which seeks to achieve capital growth over the medium- to long-term period by investing a significant portion of 75% to 98% of its net asset value (NAV) in a diversified portfolio of stocks.

About 50% to 75% of the fund’s NAV would be invested in index stocks, blue chips and growth stocks in the domestic equity market.

“The fund will look to invest in sectors which include financial services, infrastructure, consumer, plantations, healthcare, telecommunications, utilities and manufacturing in the domestic market. The balance of the fund’s NAV will be allocated to fixed income securities and money market instruments,” it said.

Public Mutual also said PSTGF might invest up to 30% of its NAV in selected foreign markets in Asia, US and other permitted markets.

The initial issue price of PSTGF is 25 sen per unit during the 21-day initial offer period from Dec 8 to Dec 28, 2014.

The minimum initial investment is RM1,000 and the minimum additional investment is RM100.

new to this and just brought PSSCF..is this a good choice? advice please for a new fella like me with 0 knowledge...

dont ask me why high risk...just feels like it hahaha...i might regret lol

This post has been edited by intothefantasy: Dec 9 2014, 10:07 PM

Enter now is great. Market is low in general. Whatever fund also okay.
Just keep add more fund consistently watch closely your fund performance.
Keep reading on unit trust and make a portfolio.

monitor performance as in? also what does making a portfolio means?

thanks for the advice.

Monitor performance == track the fund performance based on your average unit price using simple indicators like ROI, IRR and etc.

Build a portfolio == start to invest in more than a fund that is able to provide desired return and perhaps withstand certain volatility

Happy investing!

thanks for the advice

It looks like many people will loose some money and regret investing in unit trusts and/or PRS.

I may be wrong, but somehow I got this impression after reading some of the posts in this and other threads; mainly due to improper financial objectives... like taking advantage of tax rebate, offer of cheaper service charges, cheap NAV at launching price, looking for short term gains, searching for better returns on the savings to buy house in next several years, etc. etc...

As in the previous post and article on the difference between investor's returns and fund's returns, some investors will pull out at the wrong time, when the market cycle is down, and realizing the paper lost.

Even stopping regular investments (DCA method), could lessen the returns when the market rebounds. Which most will do when they don't have the proper objectives when they first started the investments.

Cheers. Stay invested.

======================

I think the starting phase (at the accumulation stage) is the easiest phase to stay invested. Use DCA method, setting aside a fixed percentage of income for the long term (retirement), accumulating unit trusts/PRS as you worked and earned. IGNORE THE MARKET.

Is there a website where we can easily access and compare all public mutual funds return? something with tables and stuff?

we can't ignore the market, we all are in the market.

the equity market (yes, the local one and also the big bro - US SPX) is not due for a correction yet.

if you can follow the big picture, most probably you are waiting the opportunity to go in. else, follow DCA.

You can visit to Public Mutual website to view the fund performance.
Or you can visit to http://www.myunittrust.info. Under the PM Fund Factsheet, there is table of the fund return.
http://myunittrust.info/index.php/fund-fac...ctsheet-q3-2014

From Bloomberg:

S&P/ASX 200 5,186.08 -33.49 -0.64%
Straits Times Index STI 3,288.56 -35.57 -1.07% 03:42:10
FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index 1,701.53 -31.46 -1.82% 03:42:00
Stock Exchange of Thailand SET Index 1,403.12 -111.83 -7.38% 03:36:27
Jakarta Stock Exchange Composite Index 5,115.70 -44.73 -0.87% 03:42:36

FTSE Bursa Malaysia Small Cap 14,060.78-716.49(-4.85%)

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Chase if you must, just don't trip and fall.

please share when will the correction happen in your opinion?
TQ.

i thought its already happen,
just don't know when its end

market drop 20% shopping round 1.. drop another 20% shopping round 2.. drop again.. pray...

I investing through EPF. Is it better to get out now, and re-enter when market is better ? My agent keep saying it is better to stay.

well long term investment no need to bother.. cause of the 12 year economic cycle

unless u "sked" wanna preserve then sell it offf

its a good time to 'get you money out' of EPF and enter PM

ok then i shall stay ..

Nobody know when will it come but we can wait it to come to you.

Not yet started.. it was just normal pull back.

if get out and re-enter, another service charge wlil be imposed so better stay still, you might want to consider switching to MMF to wait the entry to come.

Public Mutual declares distributions for 11 funds

Public Islamic Enhanced Bond Fund - 4.25 sen
Public Savings Fund - 4 sen
Public Strategic Bond Fund - 4 sen
Public Islamic Strategic Bond Fund - 4 sen
PB Aiman Sukuk Fund - 2.50 sen
PB Growth Sequel Fund - 1.75 sen
Public Focus Select Fund - 1.5 sen
PB Mixed Asset Conservative Fund - 0.75 sen
Public Islamic Savings Fund - 0.5 sen
PB Balanced Sequel Fund - 0.5 sen
Public Islamic Growth & Income Fund - 0.5 sen