Welcome Guest ( Log In | Register )

117 Pages « < 46 47 48 49 50 > »  
RSS feedBump TopicReply to this topicStart new topicStart Poll

Outline · [ Standard ] · Linear+

> Public Mutual v4, Public/PB series funds

felixmask
post Apr 3 2013, 01:43 PM


Look at all my stars!!
*******
Group: Senior Member
Posts: 3,497

Joined: Aug 2008
QUOTE(Kaka23 @ Apr 3 2013, 01:42 PM)
U mean january 2012? Wow...
*
tongue.gif Ikan bilis.....
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Kaka23
post Apr 3 2013, 01:46 PM


Look at all my stars!!
*******
Group: Senior Member
Posts: 2,881

Joined: Sep 2009


QUOTE(felixmask @ Apr 3 2013, 02:43 PM)
tongue.gif Ikan bilis.....
*
You got miss out 2012 rally or not? Though klci did not rally much la last yr compare other region market.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Pink Spider
post Apr 3 2013, 01:49 PM


♥ Drunk Accountant ♥
*******
Group: Senior Member
Posts: 8,965

Joined: Jun 2011
From: 一路向西


QUOTE(Kaka23 @ Apr 3 2013, 01:46 PM)
You got miss out 2012 rally or not? Though klci did not rally much la last yr compare other region market.
*
The winner of 2012 has got to be US markets, Malaysia and Asia Ex-Japan did not go up much.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
felixmask
post Apr 3 2013, 02:00 PM


Look at all my stars!!
*******
Group: Senior Member
Posts: 3,497

Joined: Aug 2008
QUOTE(Kaka23 @ Apr 3 2013, 01:46 PM)
You got miss out 2012 rally or not? Though klci did not rally much la last yr compare other region market.
*
nod.gif Indeed. Especially PSEAF.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
wongmunkeong
post Apr 3 2013, 02:00 PM


If U wanna criticize / bitch, pls bring some possible solutions.
Group Icon
Group: Elite
Posts: 2,859

Joined: May 2011
From: $ubang Jaya, $elangor, Malay$ia


QUOTE(Pink Spider @ Apr 3 2013, 01:49 PM)
The winner of 2012 has got to be US markets, Malaysia and Asia Ex-Japan did not go up much.
*
IMHO - winner was REITs, SG REITs to be specific tongue.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
lazybump_nonsense
post Apr 3 2013, 02:25 PM


This is my Ninja Way
*****
Group: Senior Member
Posts: 869

Joined: Nov 2011
Hi Sifus,

I wanna ask some calculation regarding dividend payout.

EG :

Units I have to fund PRSF(example) = 10,691.19 units (NAV = 0.6735)
dividend payout = RM520.81
Capital invested = RM7400


Does this means that I got earn by selling off PRSF?

User is offlineProfile CardPM
Go to the top of the page
+Quote Post
felixmask
post Apr 3 2013, 02:34 PM


Look at all my stars!!
*******
Group: Senior Member
Posts: 3,497

Joined: Aug 2008
QUOTE(lazybump_nonsense @ Apr 3 2013, 02:25 PM)
Hi Sifus,

I wanna ask some calculation regarding dividend payout.

EG :

Units I have to fund PRSF(example) = 10,691.19 units (NAV = 0.6735)
dividend payout = RM520.81
Capital invested = RM7400
Does this means that I got earn by selling off PRSF?
*
Is not dividend but distribution.
How you invest EPF or CASH ?
Do you opt to reinvest from distribution ?


User is offlineProfile CardPM
Go to the top of the page
+Quote Post
lazybump_nonsense
post Apr 3 2013, 03:04 PM


This is my Ninja Way
*****
Group: Senior Member
Posts: 869

Joined: Nov 2011
QUOTE(felixmask @ Apr 3 2013, 02:34 PM)
Is not dividend but distribution.
How you invest EPF or CASH ?
Do you opt to reinvest from distribution ?
*
yea sorry, it was distribution nod.gif

it was cash investment, nope I do not want to reinvest.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
j.passing.by
post Apr 3 2013, 03:07 PM


On my way
****
Group: Senior Member
Posts: 504

Joined: Nov 2010
QUOTE(lazybump_nonsense @ Apr 3 2013, 02:25 PM)
Hi Sifus,

I wanna ask some calculation regarding dividend payout.

EG :

Units I have to fund PRSF(example) = 10,691.19 units (NAV = 0.6735)
dividend payout = RM520.81
Capital invested = RM7400
Does this means that I got earn by selling off PRSF?
*
Regardless of whether there's distribution or not; the formula to calculate is:
Present value = units x nav price.

Profit = Invested Amount - Present Value.

Invested Amount is the total amount you paid; inclusive of any service charges.


So, 10691.19 units x nav 0.6735 = RM7200.52.


For the present value of the fund, actually no need to calculate; should applied for Public Mutual Online; log in and check the current status.

The updates in PMO is relatively fast; PRSF distribution on 31/March (announced last business day of the month on 29/March) should already have been updated with new units...

Lastly, the unit trust funds in Public Mutual are for long term; the high service charges going to kill you if you enter and exit regularly.

If you're smart and still able to beat the house and make profits with short term entries & exits, it is not worth the effort, since the effort could be applied elsewhere with bigger and more profitable gains.

When thinking unit trust funds, should be thinking passive savings. The bonus is having a "hobby" after retirement.

Cheers... Happy Investing.


User is offlineProfile CardPM
Go to the top of the page
+Quote Post
lazybump_nonsense
post Apr 3 2013, 03:11 PM


This is my Ninja Way
*****
Group: Senior Member
Posts: 869

Joined: Nov 2011
QUOTE(j.passing.by @ Apr 3 2013, 03:07 PM)
Regardless of whether there's distribution or not; the formula to calculate is:
Present value = units x nav price.

Profit = Invested Amount - Present Value.

Invested Amount is the total amount you paid; inclusive of any service charges.
So, 10691.19 units x nav 0.6735 = RM7200.52.
For the present value of the fund, actually no need to calculate; should applied for Public Mutual Online; log in and check the current status.

The updates in PMO is relatively fast; PRSF distribution on 31/March (announced last business day of the month on 29/March) should already have been updated with new units...

Lastly, the unit trust funds in Public Mutual are for long term; the high service charges going to kill you if you enter and exit regularly.

If you're smart and still able to beat the house and make profits with short term entries & exits, it is not worth the effort, since the effort could be applied elsewhere with bigger and more profitable gains.

When thinking unit trust funds, should be thinking passive savings. The bonus is having a "hobby" after retirement.

Cheers... Happy Investing.
*
Thanks for the suggestion notworthy.gif I just wanna swap fund because previous agent didn't serve me well so i decide to switch fund but i dont want to lose money so i have to calculate when is the right time hmm.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
j.passing.by
post Apr 3 2013, 03:57 PM


On my way
****
Group: Senior Member
Posts: 504

Joined: Nov 2010
QUOTE(lazybump_nonsense @ Apr 3 2013, 03:11 PM)
Thanks for the suggestion  notworthy.gif  I just wanna swap fund because previous agent didn't serve me well so i decide to switch fund but i dont want to lose money so i have to calculate when is the right time  hmm.gif
*
yeah, switch and sell are 2 different things...

To switch funds, a couple of factors to look into:
a) the cost effectiveness of switching, as there are switching fees.
b) your investment plan/strategy; ie. how much fresh investments regularly entered, how to allocate the percentage weightings into local equities, foreign equities, bond/money market funds.

The switching fees, I've wrote about in a previous post.

yeah, don't expect much from the agents; they are not financial advisers. Anyway, financial advisers would normally just advice what to invest, and how much to invest in each type of financial vehicle.

The crucial "timing", how can we tell for sure? We can only make guesses and speculate on the future.

Hence the reason for investing into mutual funds, and not directly in the stock market; and allow the fund managers to take over the control & management of our savings.

===================

And talking about timing and distributions, it has been repeated too many times already. Everybody, please get this right.

The funds here is not the same as a fixed price funds in PNB (ie. amanah saham bumi... etc. etc.) These PM funds (whether bonds, money market or equities) are variable price funds.

ALL THE FEES (WHETHER TRUSTEE OR MANAGEMENT) ARE ALREADY INCORPORATED INTO THE NAV PRICE DAILY.

Distributions DO NOT increase the value of the fund.

Time is Money.

If you're just waiting for the distribution to happen before switching; because you have WRONGLY thought that the distribution will allow you more gains, then you're wasting time.

If you're waiting for the financial year-end (and distribution), because you have intended to switch as you originally planned to do so after a certain period of holding the fund; then it is an acceptable purpose in mind.

Hope this is helpful...


User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Pink Spider
post Apr 3 2013, 04:06 PM


♥ Drunk Accountant ♥
*******
Group: Senior Member
Posts: 8,965

Joined: Jun 2011
From: 一路向西


QUOTE(j.passing.by @ Apr 3 2013, 03:57 PM)
===================

And talking about timing and distributions, it has been repeated too many times already. Everybody, please get this right.

The funds here is not the same as a fixed price funds in PNB (ie. amanah saham bumi... etc. etc.) These PM funds (whether bonds, money market or equities) are variable price funds.

ALL THE FEES (WHETHER TRUSTEE OR MANAGEMENT) ARE ALREADY INCORPORATED INTO THE NAV PRICE DAILY.

Distributions DO NOT increase the value of the fund.

Time is Money.

If you're just waiting for the distribution to happen before switching; because you have WRONGLY thought that the distribution will allow you more gains, then you're wasting time.

If you're waiting for the financial year-end (and distribution), because you have intended to switch as you originally planned to do so after a certain period of holding the fund; then it is an acceptable purpose in mind.

Hope this is helpful...
*
U also know my frustration reading these laugh.gif

Let me contribute to PM thread...

2. The NAV price of the fund that I'm interested in is quite high now, should I stay away? Investment gurus always say "buy low, sell high"...
» Click to show Spoiler - click again to hide... «


3. Common misconceptions about unit trust dividends/distributions:

(i) After dividend distribution, NAV price will go down, the fund will become cheaper.
(ii) A fund that declares dividends is better than a fund that does not, dividends are my profit, they make me richer.

» Click to show Spoiler - click again to hide... «


(iii) Topping up my holdings after dividend distribution pulls down my cost per unit, lower cost = higher profit.
» Click to show Spoiler - click again to hide... «


(iv) Distribution = Income
QUOTE(jerrymax @ Mar 25 2013, 10:51 PM)
Ok so after dividend distribution, you get some additional units and NAV drops. Then after few weeks if fund perform well then NAV increases to the point where it is back to the NAV before distribution. Doesnt it mean you gain some income from distribution?
*
» Click to show Spoiler - click again to hide... «

QUOTE(jerrymax @ Mar 25 2013, 11:19 PM)
Then what's the point of dividend distribution since units and NAV price has negative correlation?
*
» Click to show Spoiler - click again to hide... «


User is offlineProfile CardPM
Go to the top of the page
+Quote Post
lazybump_nonsense
post Apr 3 2013, 04:50 PM


This is my Ninja Way
*****
Group: Senior Member
Posts: 869

Joined: Nov 2011
QUOTE(j.passing.by @ Apr 3 2013, 03:57 PM)
» Click to show Spoiler - click again to hide... «
QUOTE(Pink Spider @ Apr 3 2013, 04:06 PM)
» Click to show Spoiler - click again to hide... «
Reply from sifus out there are really useful, you guys changed my original thought of distribution notworthy.gif

one only earned when long run, means only NAV goes up one only can earn money from it? Please correct me if I am wrong biggrin.gif

So now, i want to ask, what's my decision now? Cut loss and switch to another fund under different agent? Or just let it be there until break-even point? Please advice me rclxub.gif

User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Pink Spider
post Apr 3 2013, 04:55 PM


♥ Drunk Accountant ♥
*******
Group: Senior Member
Posts: 8,965

Joined: Jun 2011
From: 一路向西


QUOTE(lazybump_nonsense @ Apr 3 2013, 04:50 PM)
Reply from sifus out there are really useful, you guys changed my original thought of distribution  notworthy.gif

one only earned when long run, means only NAV goes up one only can earn money from it? Please correct me if I am wrong biggrin.gif

So now, i want to ask, what's my decision now? Cut loss and switch to another fund under different agent? Or just let it be there until break-even point? Please advice me  rclxub.gif

*
DON'T THINK NAV, THINK VALUE vmad.gif

NAV x units held = value

If u are confident with the fund's management style and the potential of the markets that it invests in, keep. Otherwise, sell. Simple as that. I dunno anything about PM funds, I leave it to j.passing.by biggrin.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
lazybump_nonsense
post Apr 3 2013, 05:03 PM


This is my Ninja Way
*****
Group: Senior Member
Posts: 869

Joined: Nov 2011
QUOTE(Pink Spider @ Apr 3 2013, 04:55 PM)
DON'T THINK NAV, THINK VALUE vmad.gif

NAV x units held = value

If u are confident with the fund's management style and the potential of the markets that it invests in, keep. Otherwise, sell. Simple as that. I dunno anything about PM funds, I leave it to j.passing.by biggrin.gif
*
Yes sorry typo notworthy.gif ...should be value... brows.gif


I always follow Warren Buffet rules when investing :

Rules no1 : never lose money
Rules no2 : don't forget rule no1


rclxub.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
MakNok
post Apr 3 2013, 05:14 PM


Look at all my stars!!
*******
Group: Senior Member
Posts: 2,012

Joined: Jan 2003
I switch out from PRSF and switch in to PIMMF today.
(Parliment bubar)
but gonna get hit 0.75%(transaction less than 90 days)

means RM1,381.41 deduction..

Betting that the market will go sideways or go down until almost election time.
Then come back and switch back in again.

User is offlineProfile CardPM
Go to the top of the page
+Quote Post
lazybump_nonsense
post Apr 3 2013, 05:31 PM


This is my Ninja Way
*****
Group: Senior Member
Posts: 869

Joined: Nov 2011
Yea heard that today's market drop dramatically, should I switch to PFSF from PRSF? Because different of different agents.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
j.passing.by
post Apr 3 2013, 05:38 PM


On my way
****
Group: Senior Member
Posts: 504

Joined: Nov 2010
Another long story to share... (what is said here, should be left here... as a yank would say, what happens in Vegas, stays in Vegas. Some of the writings are nonsense; some I hope is good enough for a future book "How Not to Lose Money in Public Mutual... advises from an financial idiot to financial dummies". So please don't "steal" the material! tongue.gif )

I started on a 2nd portfolio last year. This time the strategy is "Always Pot Black". Meaning that as far as possible, be very conservative and the "investment" must always be in the black at all times.

The options available:
1) Cash or EPF investment.
EPF. Profited 2.5% before I even got started!

2) Public or PB series.
PB. Public series has many approved EPF funds; too much options = too much headache to choose.
PB series has only 4 approved funds (a 5th one just closed on 1/April.) rclxms.gif

PB Islamic Bond fund, PB Islamic Cash Management fund, PB Islamic Equity fund, and PB Growth fund.

The other reason for selecting PB series, too lazy to look up a Public Mutual agent and make appointment. For EPF investment, you need to fill in a form and do thumb prints on the form. So much easier to just walk into the nearest Public Bank...

Always Pot Black Strategy.
1. Place the whole bet on islamic bond. Pay only 0.25% service charge.

2. PB Islamic bond was among the better bond funds. Good annualised returns when bought in early July; 2nd withdrawal in Nov. not so good - got steep declines in November. So 1st withdrawal has above 4% annualised returns, 2nd one is less than 2%. Inclusive of the 0.25% charge, so they are in the black.

3. Starting in Jan. have made several switches to Islamic Equity. The minimal allowable units to switch is 1000 units. So about rm1200 each time. No switching fee... since we are paying the service charge of 3% (for converting low charged units to high charged units. Public Mutual called it "low loads" and "loaded" units.)

4. Always in the black... because the 3% service charge is paid from the gains made by the bond fund.

5. So far, the equity fund is paying off the service charge on its own. It went up 2.56% in March, and another 0.94% yesterday.

6. So far so good... if the stock market dips, will top-up from the bond fund.

7. If the switch into islamic equity fund is more than 90 days, depending on the outlook, will switch it out to islamic cash management fund - which is a money market fund; and there is zero switching fee if after 90 days.

8. So the plan is to switch out to the money market fund when each top-up hits 90 days. Let them accumulate there. Always in the black. tongue.gif

9. If the situation warranted, then switched all at one go (or maybe 2) back into the equity fund, and paying RM25 for switching fee.

10. In the meantime, regularly top-up from the bond fund to equity fund. The aim is to pay the 3% service charge, and even out the charge over the investment period; and ending up with "loaded" units already paid up on the service charge.

There is one thing which I have to check and confirm with Public Mutual. If we hit age 55, will the EPF investment loose its "EPF" status - which will then open up all the other funds (non-EPF approved) to switch into.

Otherwise, it will be boring with just 2 equity funds to play...

Cheers.

User is offlineProfile CardPM
Go to the top of the page
+Quote Post
j.passing.by
post Apr 3 2013, 05:52 PM


On my way
****
Group: Senior Member
Posts: 504

Joined: Nov 2010
QUOTE(lazybump_nonsense @ Apr 3 2013, 05:31 PM)
Yea heard that today's market drop dramatically, should I switch to PFSF from PRSF? Because different of different agents.
*
How to predict? Drop 1.8% before lunch, and climbed backed up after 4.00pm to 0.02% gain.

To make a switch, you need to do it before 4.00pm.

If we want to hold local funds, we have to believe in the economy of the country in the long term... so maybe top-up in small portions regularly, maybe double the top-up when there's a dip.

The one thing for sure, at the moment, is that the stock markets in the region (Sin, Thai, Indo & Mal) is high. Will they drop? Possible. Will they go further up? Possible.

So far, the outlook is up. Thai is above 1500... some say it will hit 1700 at the end of the year.

Same with Mal... now above 1650, can easily break 1700... maybe will even break 2000 eventually before gold hits 2000/oz. biggrin.gif


User is offlineProfile CardPM
Go to the top of the page
+Quote Post
koinibler
post Apr 3 2013, 06:00 PM


Regular
******
Group: Senior Member
Posts: 1,432

Joined: Dec 2009
From: DC
QUOTE(j.passing.by @ Apr 3 2013, 05:38 PM)
» Click to show Spoiler - click again to hide... «

*
^ logic and good strategies too..

my concern is, there're more of probability of 'opportunity cost' in this strategy. Investing in unit trust should be simple and easy.

More complicated one, its better focus on shares.

Just my 2 cent.

This post has been edited by koinibler: Apr 3 2013, 06:02 PM
User is offlineProfile CardPM
Go to the top of the page
+Quote Post

117 Pages « < 46 47 48 49 50 > » 
Bump TopicReply to this topicTopic OptionsStart new topic
 

Switch to:
| Lo-Fi Version
0.0675sec    1.29    6 queries    GZIP Disabled
Time is now: 24th April 2014 - 07:38 AM