Have to be careful not to mix-up equity and bonds as mentioned by stock analysts with unit trust funds in equities and bonds...

The top bond funds are closed for fresh investments; and last year, something like 99.9% of their equity funds (in Public Mutual) outperform their bond funds. Average gain in equity funds for the year was about 11%; it ranged from 4 to 20+ percent. So still want to leave money in bonds?

This year should be same or better... but then again, almost every "professionals" got 2012 wrong.
http://www.bloomberg.com/news/2013-01-04/a...alls-wrong.html

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I think I better caution other readers (especially those new to this forum) that the percentage weightings in my funds were not meant for comparison or taken as a guide or benchmark. It is just empty chit-chat and also to put into words my own thoughts to encourage myself to follow through... You and me might not be in the same age group, mostly possibly with different financial background, different financial assets, different financial debts, etc. etc.; so what I do is most likely not suitable to you and your financial health...

PFSF = Public Focus Select Fund?

Yes, I switched to PSBF from PIX which is previously from my EPF.

Yes.

Nop. I plan to invest in another fund (preferably equity fund) after switching from PIX to PSBF.

Any advices?

What a coincidence, PFSF makes up about 15% of my finds with Pub-Mut.

Xuzen

See urself.

[attachmentid=3263843]

I am just checking on their latest report, see below. There are about 86% of the fund owner not reaching 100k, which they are purchase before the rule change. So they are really "lock" up this fund, can see can not buy for most people, 
[attachmentid=3263910]

Thanks Mr. Wong for responding; it is more than 1000 units so I can just switch without opening the bond account first. Know any good-performing islamic bond? When switching to bond from equity, what is the min amount required to maintain the equity account?

Sorry Kaka, by fact sheet do you mean the prospectus? Where can I get my hands on them? Actually I only just registered at PB branch for PM online. Fact is, I've instructed my PM agent to discontinue my EPF investment as I'm moving to CWA and become part-time agent (lower sales charge) now that I'll be actively monitoring my funds.  Only last week done my analysis and learning the ropes.

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

For me, I plan for long term investment, in this case until retirement ie. 55 years old. I was told we do not need to "subscribe" or buy every year which is something good as it does not incurr commitment like those insurance investment link. Correct me if I'm wrong.

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Alright. Another long story (or tall tale... you decide.)
(It's raining outside and I have nowhere to go....)

As mentioned previously many months ago, my portfolio was in shambles... took me like 6 months and 22 switches to get it right (or what I perceived to be right) after many to and fro, jumping in and out here and there (and maybe still in nowhere land!). Burnt over rm700 in fees alone.

I think I finally know what brilliant investors meant when they say not mix emotions in trading shares. Well, to me, switching unit trust funds can also be "trading" if we do it very frequently.

So I had identified one particular fund that's look good with "future so bright, we got to wear shades" category. So I plonked in 30%.

I have immediate doubts, whether it was right thing to do, the very instant I pressed the confirm button.

Yes, it indeed has a 'bright future' and I was right! It went up over 9% in a month, within 30 days. Hurray!!!

But... yeah, there's a but... I went in a bit too early. The fund went down before climbing up, up, and up...

The mistake was I put in too much and got "emotional" when it went down.

It was hitting -3%, and with 30% of the entire portfolio riding on it, the lost went into 4 figures rather quickly. Somewhere inside me, I knew it will climb back up from the hole... it's not burial ground yet... but I can't stand the red figure, so I chop 1/3 of it and chuck it back into bonds.

The 2nd mistake... yes, there's another mistake.

The fund did start to climb up, after what looks like ages and many, many grey hairs later; it was back to almost par to what I paid. This was where the 2nd mistake happened.

I was feeling a bit tired (another strong "emotion") of waiting for it to climb further, although the charts seems to say that it will climb much further; and as I spotted another "future so bright..." fund, I switched another 1/3 out into the newly "future so bright..." fund.

On hindsight (yeah, always on hindsight)... I should have switched out from a bond fund, and hold a higher percentage in equities.

So after pulling out 2/3 of the fund, it went up like rocket over 9% in a span of 30+ days... end of story. 

Moral of story: you only know what is your true risk appetite after leaving the table.

(Name of the "future so bright..." funds: Natural Resources and Far-East Property.)

dear all
please forgive me for some stupid questions
i read elsewhere that buyers will not be charged the service charge on any subsequent purchase of the similar public mutual fund. I attempted the additional purchase of my funds and still i am required to pay the sc. The same thing happened as well when i select 'initial investement' as well through the online system...is it true that in all the circumstances, the investor must pay the sc regardless of whether it is a new investment or subsequent purchase? please correct me if i am wrong...thanks again...

Sorry, need to correct above.

There is a service charge for every new purchase/investment, regardless whether it is through the office/agent or via the online service.

Equity funds 5.5%. If it is an EPF approved fund and the money is taken out from EPF for the purchase, 3%.

Both bond and money market funds are 0.25%.
If latter you switch it into a equity fund, there is no switching fee but there is a service charge of 5.5% (or 3% if it is EPF scheme.)

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And for further clarification on these terms, which you will often see in PM, "low-load" & "loaded" units.
The units you get by paying the lower service charge of 0.25% is known as "low-load" units.
The units of the new fund you get after paying 5.5% (or 3%) is called 'loaded' units (and which Mutual Gold Qualifying Points is given.)

PM launch RII (regular investment instruction)! I think it is try to get people switch from bond fund into equity fund, then they can earn 5%sc (discount rate).

I also not very sure, just roughly read thru. U can read from below link.

http://www.publicmutual.com.my/CampaignsPr...IICampaign.aspx

I have stopped DDI from Jan this year; resume only after General Election is over...

I invested in PSF, PGF and Small Cap.
I don't invest in Malaysia focus funds because malaysia's ecnomy is not reliable.