I think more on geographical allocation like Malaysia, Asia excluding Japan, Global, Emerging Market, China, etc....

One advice to u, pls learn what is DDI.

In my amateur and non-professional opinion, I don't think it is as easy as that. It's like on a race track, asking for tips - and the tips is only good for that race.

There's no shortcut if we want to pick winners every weekend without knowing a bit of the background of the horses and their past performances.

This analogy at the race track is still not closed enough, try imagining that you are the jockey and have to ride the horse too... we then have to match your size and weight and riding skills to the appropriate horse with its individual temperament as well.

Get the picture of the task at hand?

The best I can contribute here is a short brief on the funds you're having.
PSBF - Public Select Bond Fund
PEBF - Public Enhanced Bond Fund
PIEBF - Public Islamic Enhanced Bond Fund
PCSF - Public China Select Fund
PITTIKAL - Public Ittikal Fund

The 1st bond fund is closed for new investments and only open to investment via EPF. If you switched out, you cannot switch back in if it is not an EPF investment.

The 2nd and 3rd bond funds are special bond funds with up to 30% of the fund can be invested in equities by the fund manager. If not mistaken, they are also more or less also closed to new investments since you now need at least 100k to enter.

China Select - what more can be we say here, it is a stupid fund for stupid people like me - I lost money too, like 40% of what I put in.

So far this year, it is up 2.14%, but dropped a bit this month... and maybe a bit more today with Hang Seng Index down -1.02% and the H-Share (or Hang Seng China Enterprise) -1.79%. It is performing, since 1st Jan, better than China Titan Fund; and better than China Ittikal Fund which is in negative zone. (Slow horse is okay but if running backwards, how to win the race if it cannot reach the finish line?)

Public Ittikal - this fund is also closed except for investment via EPF. Not among the top local horses in 2012, but still gave an increment of 13% for the year. It is categorised by Public Mutual as a moderate fund. Personally, I would prefer Islamic Dividend Fund which is similarly categorised as a moderate fund.

Cheers... happy investing!

Another friend of mine is still holding PCSF and he got topped up few years. His loss is lower than mine. His average unit cost price should in the range of 0.1800 to 0.2000.

Miracle will come as many fund houses are bullish over China, Greater China and/or North Asia region. There's great potential of upward trend in the near term of 2 to 3 years.

No offence but PM is a loser in China region fund.

OSK-UOB parred better loss compared and OSK-UOB BIG CAP CHINA ENTERPRISE FUND is nearing to its IPO NAV soon. RM 0.4856 (February 18, 2013)

This post has been edited by David83: Feb 19 2013, 10:08 PM

thnx for the tips. I suppose u mean Domestic Direct Investment? I will read up on it

I think he's referring DDI as RSP. Direct Debit Instruction: Regular top up via SI.

PDSF & PIDF also on my watch list

PDSF is more focus on banking sector, while PIDF is more on telco sector.

Fund review by PMB
 PIDF_PDSF.pdf ( 161.95k ) Number of downloads: 14

Good then you win win. Gong Xi Fatt Choi

I share mine: Other sifu may hv different thought.
1) Market study - study infor/overwhelming ppl are investing maybe about telco/ reits / finance/ Dividend/ smallcap / Country- are working good
2) review pass history of the fund - fund performance well in history you may like to take the bet it will go up to the peak when it fall down during crisis.
3) fund distribution date - i will toup after the day the distribution given - becoz to realize gain the NAV require to wait to go up. Then consider of Tax from distribution and the time crisis you want to switch. I prefer to see Nav to go up, not other way wait to go back NAV i buy.
4) The fund NAV below 0.25- my preference topup, dont need to worry which fund at peak.
5) New fund/Campaign -low service charge- then the unit i hv will be more.


For Equity/ Balance / Bond is up to each individual type risk and return.


Hope this can help with my sharing..... my sharing not the best for other - but fact how i choose buing fund.

If i said any wrong , pls correct me and forgive me.
I end up as PM agent servicing myself...to clawback the commision back to me.

haha thnx..

Just a question on fund history, is it got happen that fund will close? Or will continue go on forever? Cos many new fund opening up at the end market will be full of funds? Maybe after 30 yrs then the fund will close?

Far east property the fund consider still new and cant judge the history yet right? It less than 10 yrs

When a fund is closed, the fund house can apply from SC to increase the fund size.

Any fund with a min age of 3 years can be analyzed using Sharpe ratio.

Otherwise, trust rating company like Lipper.

This post has been edited by David83: Feb 19 2013, 10:43 PM

David, I think he din mean closed as "not open for investment", it should be the fund is total end of business, or something like that.

I haven't see such case yet but change of fund objective.

Usually an AGM will be conducted first.

ya ya.. i mean like long history funds lessay 30 yrs maybe they 1 to "obsolete" the fund??

Or else the market gonna be flooded wif thousands of funds?

Got such thing?

PSF has been here for 30 years:

http://www.publicmutual.com.my/LinkClick.a...xA%3d&tabid=103

And they're still relevant as long as their objective is met.

This one normally to the fund that is not performing well, right?
Changing fund objective in order it can go into different market/sector etc.

Yes. To avoid from being closed forever, they may want to change the fund objective or rebrand it with another name.

I check sharpe ratio and seems like very techical stuff. How do i determine

Actual Return of the Portfolio (%):

Risk-free Rate of Return (%):

Standard Deviation of the Portfolio (%):

Except for PSSF, the rest are good to go in. But be warned that most are very local funds, PUb-Mut very jaguh kampung, only their local funds are performing above benchmark.... Foreign one ar, so so only.

For actual return, refer to the annualised return column in quarterly fund review newsletter.

For a lay person, you may take the 12 month FD rate as your risk free rate.

For standard deviation, look again at the quarterly fund review and use fund volatility factor as the stan-dev.

For PCSF, I have said it before and will say it again, you do not pay the fund manager 1.5% of your NAV p.a. ti underperform the benchmark.

How can a manager who is suppose to look after the fund, perform worse than the benchmark which is collection of passive i.e., unmanaged collection of equities?

Should dump the fund long time ago liao.

Xuzen

thnx xuzen

Thanks for all the info!

Yep really regret purchasing PCSF, but was young and stupid that time and just listen to the consultant. Now waiting for even a small miracle so that I can recover at least some of my losses.

You guys think its a smart idea to switch out half or all of my PITTIKAL units to other UT?

Switched to what fund? Bond fund? Purpose?