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...

Yes.. always need to pay the sc. Some bonds do not have sc only, money market will be 0 sc.

Thank you for the explanation.

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.)

Opps.. my mistake. Never realised i am in PM thread!

Now you can restart the debate why the high service charge, after knowing the ropes and doing it yourself online...

Ya.. Too high sc

Also, no update and research article on the market in website..

With the outdated promotion can be in the website for few months, no hope to have updated article there. Unless PM hire more people to maintain their website. It look to me, their website is maintain by 1 or 2 people only.

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).

apa makna?

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

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

Thanks...

deleted
My bad, misread.

This post has been edited by wongmunkeong: Jan 29 2013, 10:57 PM

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

Which funds you are invested in PM? All Malaysian focus funds?

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

I think psmallcap is Malaysia focus fund. Other 2 I don't know, coz didn't study since not investing in them...

Small Cap is not a Malaysia focus fund.

Ok.. Thanks for the info

That does not seem to be what the Prospectus says:


For that matter, PSF and PGF are Malaysian focus too. Of course, it's possible I could be in the wrong thread altogether

This post has been edited by howszat: Jan 30 2013, 12:00 AM