I'm thinking to change to equity fund by other fund house- either Hwang or kenanga. I have enough bond funds already

Wise to redeem all of PITTIKAL? Or should keep some?

If you're satisfied with the return, just redeem it.

Personally speaking, I'm expecting a volatile movement in local equities till end of GE13.

I'm having PDSF, PFSF, PSSF, PRSF and PIDF. Hey..that is exactly like what you shortlisted above. Wow..what a coincidence.

Bad allocation, as your funds are mainly domestic market of the same asset class and of the same benchmark. You are not benefiting from diversification.

Xuzen

Without knowing further about your financial means and trend of savings, it is best to say that a similar fund like Islamic Dividends is better fund than Public Ittikal (based on past performances of the funds.) How much to switch? Only you would know best.

Only thing that matters is the switching charge and how cost effective it would be to switch one time or to split the switch to several times. Look up my previous post on switching costs.

What I can safely say is that your funds are relatively conservative; and possibly planned for a long term investment. The thing that threw in the spanner into the plan is that PCSF. It is an aggressive & volatile fund.

Maybe the initial idea of a "balanced" portfolio is a combination of some very conservative bond funds, mix in a couple of moderate equity funds and add in an aggressive fund. A nice cocktail. Only problem with the drink is that it tasted really bad because of a wrong ingredient - PCSF.

Maybe it is about time to junk it and switch to another foreign equity fund like Public SEA or Far-East Property, instead of waiting for a miracle to happen. Maybe a miracle has had already happened! Since 1st July 2012, it already increased by 11%. Will it go up or down from today, your guess is as good as mine.

Even if we believed that the economy in the ASEAN and Asia region will improve for the rest of the year and the next several years, and all boats will rise by the tide - but take note that all boats are not build the same, some will rise higher, and those with holes will have difficulty to rise!

P.S. Take note of service charges if you exit and enter into another fund house. If you're into UT for the long term, maybe better to stick to one company to built up the savings - there is usually a minimal amount of investment where the switching fee is waived.

well said and good strategic.
UT is long term, becoz we paying the fund manager to monitor and study to made a good choise.

Sometime Fund not perfect when come to greedy/chasing market.

I listed this as a shortlisted fund for Malaysia equity, not to have it all. Like xuzen say, u should diversify ur porifolio.

Hi rachy,

interesting...you do monthly top up...even on PCSF, the DCA method is not working since 2007 until now? as in you already do monthly top up for 5-6 years and still big loss?

so i guess the PCSF is a one-off isolated case, as you said, the other funds are doing quite OK right?

i'm starting to do DCA now and your comment hold me back off a bit.... and make me think again on the DCA method...


thanks.

I want to start with 50k and contribute rm800 monthly for the next 3 years. My risk appetite is high. Which would any of you recommend?

This post has been edited by pgkia8: Feb 21 2013, 11:18 AM

Yah. I'm bad at this. Learning to diversify with FSM but I'm quite exposed also. I still have FD, PM UT, FSM UT, US stocks, Gold. Maybe no real estate yet.

If you have earned enough from PITTIKAL, you can either redeem it or switch your units to BOND.

With the coming GE, it's better to be more conservative.

any particular bond fund for short period ?

Perhaps china market

high risk, not death-defying risk... china market is like swimming with sharks...

and Public Mutual is big shark or fish food?

Sifu here, how to sell the Public Mutual fund thru Public Mutual online login?

Repurchase menu.

Did that 5 years ago i think with PCSF, made some profits. But i have friends who did not sell till today and were at a loss. Dont think its a good idea to go into China's market.

You simply tembak or?

If you bought during the initial period and didn't do any top up, of course it's still a loss as of today.

IPO NAV: 0.2500
NAV as of 20th February: 0.1634

Simple ROI: -34.64%

It was extremely not a good idea to enter to into China at that time because as I did mention earlier; it was HSI very peak moment. Few weeks ago, global equities went haywire and all hell started to break loose.

If I have a crystal ball at that time, I won't be touching China fund and if everybody knows that wave will be waving, guess everybody will be a millionaire today!

Just get over the China thing.

1. Hold it and wait miracle to happen
2. DDI it to bring down average unit cost
3. Stop loss and fully redeem it
4. Switch out to a better performing fund

PM has no credible experience in managing China related fund. This can be seen in all their China related funds performance as opposed to other fund houses.

A side note is that all fund houses are optimism with China market for the next 3 years. You can place a bet and ride to this wave for a potential uptick trend as the valuation of China market is low and very attractive.

Stop whining around and move forward by learning from mistake!

Someone said PM is jaguh kampung, they don't do well with other regions. Would think twice to diversify in PM

Some of their offshore fund are quite good.

PSEASF for instance.