What is the reason behind the consolidation? I don't think David means to say move to new funds, it's a typo, and it should be "more new funds"; in reference to Public Mutual marketing habit of introducing new funds when the market has rallied for some time and new investors wanting to join the bandwagon.

I still stand by my previous post on 'yearly champions' and that funds will rotate among themselves on the ranking list; so it is best to spread your holdings to a handful of funds instead of being too selective.

PIOF is already closed to new investments. If you have DDI on it, don't stop.

Other funds, same thing too... don't stop the DDI or any other regular purchases. Except for one which was recently launched, all of them are stable funds which would be on anyone's recommended list.

Since you are following a regular purchasing strategy, then you already knew what you are doing and the reason behind the strategy. (Which is to average out the market ups and downs.)

So follow through, and continue the DDIs and regular purchases.

Yes, that's the meaning of 'consolidation'. 

But why? Expenses/inflation growing and finding the savings getting too tough?

So, you're having PEF, along with PDSF, PIDF, PRSF, PISEF, PFSF, PISGIF & PIOF. All local equities, in different sectors/categories as implied in their names... equity fund, dividend select, islamic dividend, regular savings, selected enterprises, focus select, growth & income, and islamic opportunities... none stood out like a sore thumb that required intervention... so it's the same message of the previous post, and I still don't see any reason to consolidate.

If you want to cut down the regular purchases and amount to invest each month, maybe because you already achieved your targeted sum of investment, then stop putting new money into all of them; but continue holding all of them.

Which fund to stop additional investments? Just toss a coin... as said they are very similar (except for PIOF which is small caps and closed). My picks would be about as good as your choice... or the coin's.

(To consolidate means that you switch out from one fund and into another fund, why spend money on switching fees when you don't need to do so?)

1. Distribution is normally at financial year-end, which is 31st March for PRSF. You will get a statement by mail or you can checked it within PMO (Public Mutual Online)... transactions history... 2 days after the distribution date.

(It can be added directly to the "total units" eg. 1386.99 + xxx.xx units. So, no need extra column...)

2. See below, if you're using Excel:

It depends on which is more important to you, the growth of the fund or the investment. It is without service charge for the former, and with service charge for the latter.

I do something a bit more complex (and since I'm using a excel spreadsheet)... I put the service charge into the formula as a reminder.

=1000 - 52.13
(1000 is the invested value. 52.13 is the service charge.)

As mentioned in a previous post,  I have 2 tabs. The 1st tab is the main page of all the funds I'm having. The 2nd tab is a history of all the funds I realised, either redeemed or switched out.

Hence in the main tab, it is without the service charge, and I'm monitoring and comparing the growth of all the funds, and also the same fund which I purchased at different dates.

When I switched out (or redeemed) any funds, I moved it to the 2nd tab. And in this 2nd tab, the actual gain of the investment is more important, so I add back the service charge by tweaking the formula:

=1000 - 52.13 + 52.13

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

The above method can also be used when there's no switching to another fund, or redemption of a fund.

For example, there is a long list of entries of the same fund due to regular monthly purchases or DDI. The entries can be trimmed and consolidate into one entry, by treating it as if it is switched and realised, but to the same fund.

Do this at the appropriate time like calendar year-end or financial year-end.

(Note: the consolidated entry back into the 1st main tab, will then be the invested value with service charge.)

Example: 7 purchases of the same fund at different times, and going to consolidate the top 5 entries (and realised their gains), at year end.

Main tab:
1/1/2014 ....... blah, blah, blah, blah...
1/2/2014 ....... blah, blah, blah, blah...
1/3/2014 ....... blah, blah, blah, blah...
1/4/2014 ....... blah, blah, blah, blah...
1/5/2014 ....... blah, blah, blah, blah...
1/8/2014 ....... blah, blah, blah, blah...
1/10/2014 ....... blah, blah, blah, blah...

1) Move the top 5 entries to the 2nd tab.
2) Sum up their current values as on 31/12/2014.
3) Add new 31/12/2014 entry into the main tab with the total Current Values (as on 31/12/2014) as the purchased/invested value.

Main tab will look like below:
1/8/2014 ....... blah, blah, blah, blah...
1/10/2014 ....... blah, blah, blah, blah...
31/12/2014 ....... blah, blah, blah, blah...

Eventually, after years of investing and switching or consolidation of the entries, the main tab will reflect the 'real' invested value (which is plus all the service charges and any switching fees incurred.) 

Does anyone know currently hv any sc promotion for Public fund?

I just top up a fund thru PMO last week, today I found out the sc is 5.25%. Try to browse thru the website, can't see any promotion or campaigns.

My agent told me the service charge is waived, perhaps I misunderstood her then. I didnt really ask since I wasn't interested at that time 

we can't ignore the market, we all are in the market.

the equity market (yes, the local one and also the big bro - US SPX) is not due for a correction yet.

if you can follow the big picture, most probably you are waiting the opportunity to go in. else, follow DCA.