There is also no restriction on when you can switch from MM unlike Bond has 90 days restriction else pay higher switching fee. I think there is also 0.25% SC that make it higher than direct into Equity funds. It you know how to time the switching, it is more than worth the additional 0.25% fee.

Are you doing lump sum or DCA? If you lump sum in Mar'12, NAV has grown from about 0.2625 back then to now 0.3211 last Friday. That is 22% over 2 years, definitely more than 5% annualized to me. Unless of course you're doing DCA and return would not be that great. My IRR for PDSF is 10.42% as of last Friday from investment since 2005 with mixture of lump sum, DCA and rebalancing over those years.

EDIT: Note that 0.2625 is dividend adjusted price on 3/22/12

This post has been edited by kimyee73: Mar 24 2014, 10:22 AM

Would you mind telling us what was the price when you purchased back then? Is it 1 time withdrawal or every 3 months without fail? How do you derive your annual return as ~5%. We probably able to tell why you think your return so low with more info. Thanks.

The average price for PDSF in Apr'12 is 0.2986. I don't see any 0.28xx in April. Let assume it is 0.2986. 10K minus 3% SC, you would get about 32485 units back in Apr'2012. There was 2 dividend distribution since then. 6/1/12 1.5sen and 6/3/13 2sen. Your total unit now should be about 32485 + 1722 + 2234 = 36441. Your current value should be about 36441 x 0.3211 = RM11701, which is about 17% discounting 3% SC. The numbers are estimates since I do not have actual price that you bought. Since you bought it just 2 years ago, 3% SC is heavily affecting your return. Wait for another few years and you'll see better return provided there is no market crash in next few years.

Purchase batch by batch (or DCA) would usually yield lower return than lump sum in a rising market, provided you bought a good fund. PDSF is one of the good fund among many funds in PM EPF stable. Over the last 2 years, PDSF is steadily rising based on its moving average. When you bought batch by batch, your later purchase will likely bought at higher price than back in Apr'12 hence your average cost is higher.

I always got confused with this NAV same day or next day thing. If I buy before 4pm, it will be using yesterday EOD price that is available today (known already) or it will be price that will be calculated at end of day today (unknown yet) and available tomorrow? Please help to clarify. Thanks.

This post has been edited by kimyee73: Jul 1 2014, 02:57 PM

Thanks. Very clear now.

Just sharing mine. My PDSF annualized return is 10.26% as of 7/31/14 and I've invested since May 2005.

Is it? On swell, I also switch some on Friday