QUOTE(Sam8698 @ Mar 13 2013, 12:35 PM)
Can sifus or any UTC answer the following?
1. Since FSM service charge is lower, why should we still buy from PM?
2. What are the key advantages buying from PM than FSM?
Got at least 3 good reasons; but I rather bash Public Mutual.
ok, I'll reveal just one reason; otherwise PM will get big headed and will also derail personal campaign against them to reduce their high service charge.
PM is BIG
I looked into another outside fund & got really worried. That fund is about 1/10th of a small PM fund, and had 6 unitholders at the top end holding about 25% of the whole fund.
What if 4 of them are close friends and meet regularly at the majong table; and all 4 pull out at the same time?
Would the fund bungkus?
QUOTE(Pink Spider @ Mar 13 2013, 01:16 PM)
2. The supposedly professional services made many burnt their money in PCSF
Allow me to provide some supporting facts... on how MANY
PCSF was launched in mid 2007. In the 2009 financial report:
Total unitholders = 162,417
Highest NAV per unit = 0.1969 (2008 is 0.2979)
Lowest NAV per unit = 0.1102 (2008 is 0.1825)
Total NAV (MYR'000) = 2,000,110 (2008 - 1,628,167)
July 2012 report:
Total unitholders = 98,996
Total NAV (MYR’000) 785,797
Performance to-date is negative 31.2%.
(Told you PM is BIG - even their losing fund is over 700 million in ringgit value. A typical non-PM fund is less than 30 mill.)
QUOTE(Malformed @ Mar 13 2013, 03:58 PM)
Thank you for the knowledge. Never knew this fact at all.
... I got more blur after reading them!