just saw this in my email...
"Dear Unitholder We wish to inform you of our PMO Awareness Campaign, from now until 31 December 2013. Investors who sign up as a PMO subscriber and perform at least one transaction by 10 January 2014 through PMO will be rewarded with 5,000 Bonus MGQPs!! For more information on the PMO Awareness Campaign and services of PMO, please click on http://www.publicmutual.com.my/CampaignsPromotions.aspx Regards Customer Service "

thank you very much!

Would be interesting to see the NAV price of the ASEAN funds tomorrow noon... Thai index dropped -5.23%, on the 1st trading day of the year; while KLCI -0.75%, STI +0.23% and Jakarta +1.24%.

edit: Thai index updated.

Is there any place to make complaints on unethical agents that go around cheating those not well versed. I just came across a public mutual manager who guaranteed returns that were never made and only thought about his commission when giving advice.

U need to sign on a form called "Cancellation of DDI". Your UTC should have it. If not, you may walk in any Public Mutual Branch to get the form to sign on it. U must have your fund's account & your Bank Account Number in hand to complete this request.

If you are not convenience to do above, then u may let your bank account insufficient money for next 6 consecutive months. The DDI order will be cancelled after unsuccessful 6 consecutive months.

Cut Your Winners And Let The Losses Run.

That’s right, it's not a typo, and it’s the reverse of the usual “cut the losses and let the profits run”.

Unit trusts are long term investments while buying shares directly can be both long term and short. Another difference is that investments into unit trust funds are usually regular savings and savings for retirement purpose. So shouldn’t that the usual phrase within the stock market circle be reversed for long term mutual funds?

Think about it. It is more appropriate to let the losses run in a down trend, especially in the accumulation stage where you will be averaging down the unit price each time you buy.

Secondly, the losses should not be too unbearable if the portfolio has been adjusted to your appropriate risk profile, and would not be too steep if the portfolio is well diversified with each fund not more than 6% of the portfolio and distributed evenly among several different asset classes.

So, always let the losses run; and trim only the winners whenever necessary.

Cheers. And happy investing.

PS. Above is not an original thought. It is from a Paul Merriman article in MarketWatch.com. Sorry, lost the link to the article.

means?

Re-purchase as in selling is not advisable unless you want to exit Public Mutual and NEVER, NEVER to return back. Because each new purchase will incur the service charge again. What I did and meant in previous posts regarding exiting and pulling out of any fund is SWITCHING to another fund, whether it is an equity, bond or money-market fund. Yes, there is a switching fee but it is not as high as the service charge in a new purchase.

Topping up an under performing fund. This could be ambiguous and dangerous (as pointed by Xuzen, in another post below yours). The under performing fund could be a really bad fund. Before letting the losses run, you need to read carefully my entire post especially on the second part. It should be read together with the previous posts on a Buy-and-Hold portfolio model by Paul Merriman.

Good morning all & Happy Chinese New Year..

I just joined EPF Member Investment Scheme and according to agent, I'm investing into Public Dividend Select Fund..

Apart from that, I'm interested to invest into Public Mutual using cash for saving and dividend..as the agent told me, PM definitely better than FD..

As I'm new in mutual fund, what should I take note before I invest? Which fund should I invest into?

Thanks all for helping me..

Example for PDSF, for past years record, all also above 3% return,

Oh..I see..thank for your information..

So should I stop investing to PM using my EPF before I know what I am doing? 

Anyone can tell me how long is the repurchase period to banked into account ?
Thanks.

Hello everyone. I intend to invest some in PM. Can anyone recommend me some good products. Serious answer please 

hm... so many newbies getting into "the game" suddenly...
time to "take some off the table"?
in addition, in US, the level of leverage for investing/trading in stocks has gone back up to all time high. <worried>

Bird,

Your advise is completely useless for a noob. Study what? Look for what detail? to a noob, he may be looking at entirely different thing and come to a different conclusion altogether from what you intended.

I also apologise for recommending PCSF. I was being an arsehole. It is the worse fund in the entire Pub-mut inventory. I just realise how dangerous my jest can affect a noob investor, I sincerely apologise.

To those who ask which fund to buy, you will actually get the answer if you just browse through a few pages back. It was discussed already. Funds are not like stock, their characteristic does not change frequently. And it is also futile to time their entry and exit point. Using technical analysis like Moving average, cross-over and stochastic bounce, relative strength index etc is mute and poor choice of instrument to assess unit trust.

For unit trust, actually their measure of performance is quite simple. Look for those that out-perform relative to their benchmark in terms of ROI while keeping their volatility aka standard deviation lower than the benchmark, These are already hallmark of superior unit trust fund. In the market, with hundreds of unit trust available, not many can do these continuously. It is the job of superior fund manager to do that and it is the job of investors like me to find them, invest through them, pay them their due i.e., annual management fee.

So, for noob like Sarah & Vit, to simplify things, download a copy of the latest public mutual quarterly fund review from their website, and select funds that have at least four morning star rating and above. Why do I say that? It is because Morningstar actually study the same parameters as I said above and ranked them. So they already have done the research on your behalf, free of charge. Use that, they are a good guide and a good start.

Once you have short-listed the funds, then read their fund fact sheet which is a two-page summary of the characteristic of the fund, whether the fund manager uses aggressive style, or more moderate risk taker; where geographically she invest; what asset class she invest in, etc. Spend some time to read those, do a little homework. I am teaching you how to fish rather than just feeding you fish.

Thank you for reading this. Happy investing.

Xuzen out.

To keep things simple, maybe use 2 different MM funds to separate the loaded units from the low-load units. I don't think you can combine all the units together and consider the transaction as a single switch.

I had once made a mistake of doing a full switch out of an equity fund which has both units lesser than 90 days and more than 90 days, and it was counted as 2 switches, with the less than 90 days units incurring RM50. This cost me more than I had expected... if the system considered all the units as less than 90 days; and do a single transaction with 0.75% imposed on them, it would cost less. But no, the system had to do 2 separate transactions...