erm.. personal opinion: Dont chase things that are high, best to buy stuff of more value (eg. beaten down stuff).
Like grocery shopping - if chicken price much higher than average VS fish price much lower than average, buy less chicken, buy more fish

Not specifically looking @ PFEPRF only - generally, buying more of value & perhaps just a bit (ngam ngam enough for sustenance in terms of grocery shopping) of stuff which are less value but wanted/needed.

Currently shopping more for non-REITs and for Russia/Brazil/China (drop more ye indices!) VS last 3 years REITs & REIT funds binging

It was 2 slightly different subjects... yours leaving behind a minimum amount in a fund probably occurs for a nostalgic reason; 1000 units at the highest price of about rm1 (in a bond fund) is about rm1000.

If we go by the lowest price around rm0.15 (in an equity fund), then it is only rm150. Even if the equity fund can rally up to 100%, the gain is only rm150. (And how long do you think it will take to rally up by 100%?) Switch and pay rm25? No, it would be better to "repurchase" and pay zero exit fee. So it's mainly for nostalgic reason if nothing else...

(Anyway, it is stated in the prospectus that the manager can force a "full" repurchase of the entire fund if a partial repurchase is done leaving less than 1000 units behind. Also any distribution amount less than RM100 will be reinvested instead of them taking the trouble to issue a cash-out.)

There is no free switches in PM - unless you have put in at least RM120,000 in funds that had incur a service charge of at least 3%...

"Little impact if small units switched as compared to the switching fee.."
I don't quite understand... "small units" as in less than RM500? It would have a big impact on the total investment in the long term if we keep switching often and paying around 5% for each switch. A 5% gain is not easy to come by...

0.75% gain (which is the cost of jumping out of an equity fund, less than 90 days; or at minimal RM50) is also not easy.... unless you have the midas touch...

Did PM send u fund report by email? I only hv weekly review report by email. That report is different with what we can download from PMO?

No, I was referring to the year-end financial statements - this is the link http://www.publicmutual.com.my/OurProducts...EquityFund.aspx

I used to get them by snail mail or post... also the half year interim reports... got a whole stack of these booklets, which is in 3 languages... and at the last several pages as notes to the financial statements, the whole long list of companies/securities/warrants, etc. invested with details of cost, market value & percentage of the entire fund.

The financial statements in their website is missing these notes showing this long list of companies...

Do u hv PMO account? I just check my fund report, the financial statement that u refer to is partial of the complete report. If u login to PMO and download the complete report inside it, u will see the company listing in the complete report.

Thanks... yes, found it... never occur to me to look within PMO.

wc. I think PM try to limit the report to PMO account owner, not everyone can see the report publicly.

Reports for funds closing 30 Nov not there... after 1.5 months... I think they were faster by post.

j.passing.by, I'm leaving the min amount for easier re-entry fromt the bond after switching, or that scenario is not right. Haven't thought of repurchasing as that will incur the sales fee. I started the funds in early 2011 and now have approx total 110k units and have made more than reasonable gains. Hence now sourcing for safe exit whenever required to avoid losing money.

By little impact, i'm just echoing what you said: better to switch everything rather than just the gain itself. Unless the ratio of gain to switching fee rm25 very very large so as to make it negligible.

This post has been edited by gen_ius84: Jan 17 2013, 09:10 PM

Hai...I always heard about public mutual but not really understand about it.
May I know izit good for us who just start work and wanna hv some investment?

Public mutual no gud,they got no guaranteed return.my parents was bought 2years ago,but the agents told my parents sure earn money!!!but few month ago when I check for them their bal r negative!!!!

i feel for your parents... but especially for U, to be educated & gifted enough to be on the Internet with so much useful information, and yet make such a statement.

Hi guys, anyone bought the PRS growth fund? What's the potential/risk? I understand this is tax deductable.

Maybe invested in wrong fund? My PIX was about 33% gain after sitting there for 2.5 years before I made the swtich early this year, much better than epf 6-7% interest.

All PRS from approved PRS providers are eligible for tax relief.

Guess the risk is exactly the same as investing in normal UT.

This will have tax advantage and sc is lower for some fund house. Only thing, you only able to take out like 30% of total invested amount. Rest will be during retirement.. so there will be give and take..

Yes I agree the risk is similar. I go for it for its tax relief which is given from year 2012 to 2021 (10 years). After that, leave the sum like that and monitor like UT.

Welcome to the forum...

Is Public Mutual good or not, and suitable for those just joining the rat race?
Yes and no.

To me, it is a financial vehicle to place my savings just like any other financial vehicle like savings account, fixed deposits, and EPF. It is a unit trust fund - a fund that pools our money to invest in financial instruments in the share market, bonds, warrants, securities, etc.

"Investment" has several connotations; as in investing in a business, or making savings. It is the latter context that would be relevant here - making savings.

We are building savings and placing them in appropriate financial vehicle to hedge the savings against inflation. It wouldn't be any good if we just keep our savings under our pillows - the monies will slowly loose their value against inflation over time.

Yes, unit trust funds unlike fixed deposits or EPF, do not have any guaranteed returns. Anyone who told you otherwise had given you false information.

To understand whether this particular savings vehicle is good or not, you will need to know your personal purpose and motive for making the savings, how much you can and want to save, and how long to build up the savings.

You should be able to get more and detail info from Public Mutual website and other investment blogs.

did not thoroughly checked them out but it seemed like some of the them piggyback on other (existing) funds... so the potential/risk should be the same.

yes, good for the tax relief, and only if wanted to start another portfolio... half here, half there would not be good; can't play around and do switches between them...

to earn the tax relief, need to put up the money first, then request tax refund the next year?!!!

beware of the penalties of early exit... don't think you can bluff hasil by cancelling the PRS after taking the tax relief.

For PRS related discussion, you can raise at the dedicated PRS thread.