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 Public Mutual v4, Public/PB series funds

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guanteik
post Feb 21 2013, 11:53 AM

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QUOTE(rachy @ Feb 20 2013, 03:13 PM)
I'm thinking to change to equity fund by other fund house- either Hwang or kenanga. I have enough bond funds already smile.gif

Wise to redeem all of PITTIKAL? Or should keep some?
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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.
guanteik
post Mar 28 2013, 08:05 PM

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Is PRS from Public Mutual has MQGP calculation? Anyone?
guanteik
post Aug 5 2013, 08:36 AM

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I've a question for the agents. If a customer would like to purchase/invest in PB series of funds, can he/she walks in to Public Mutual branches to do it?

Can he/she also do it in the Public Bank branches?

Thank.
guanteik
post Aug 5 2013, 09:00 AM

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QUOTE(yklooi @ Aug 5 2013, 08:48 AM)
i was once (last year) told by my PM agent that i can only buy PB fund from P bank.
i did not confirm this...may be he does not want me to buy PB fund
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Yes, because virtually they earn 0 commission for helping you .
guanteik
post Aug 6 2013, 07:54 AM

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QUOTE(j.passing.by @ Aug 5 2013, 03:08 PM)
I can confirm it... PB series can only be bought via Public Bank. (For the Public series, it's done via Public Mutual branches, or their agents. But both can be bought online... except for EPF, as you need to submit a form with your thumb-prints through the agent.)

It should also be noted that you can only switch funds within its series, ie. you cannot switch from a PB fund to a Public fund. A bit of forethought is needed in planning how to split your monies if you intend to have a portfolio consisting of both PB and Public funds.

BTW, PB funds are slightly more conservative, while Public funds tend to be more aggressive when comparing similar funds.
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Thank you for the reply.
guanteik
post Aug 25 2013, 12:41 PM

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QUOTE(kucingfight @ Aug 24 2013, 11:22 PM)
Nope . To them we small time investors are ikan bilis. Don like it,don invest...
Anyways I'm stopping ddi  bonds. Good bye pmutual and all the best in sucking from others
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Well I like your post.

Exactly Public Mutual service charges are high, so normally customers (like me) either invest through EPF (and chooses blank for agent code) or Public Bank, and I do not wish to feed the agents commission even though I am buying with cash.

Not to forget, 250K investment in PB series fund will entitle you for a Red Carpet Banking as well.
guanteik
post Aug 25 2013, 07:19 PM

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QUOTE(desertkids @ Aug 25 2013, 05:42 PM)
are you sure you put blank or choose public bank then you wont get charge for upfront sales charge?
btw doing DDI with bond fund is not a right technique..because bond fund not fluctuate like equity fund..only those fund with some degree of volatility can see the power of DCA.

just my 2cents..
icon_rolleyes.gif
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We as a customer still got charged on the service charge definitely, whether or not it's a cash or EFP investment but at least, we don't need to feed those we don't want to.
guanteik
post Aug 29 2013, 08:02 AM

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QUOTE(Seremban_2 @ Aug 29 2013, 07:14 AM)
Public China Select Mutual fund is a shit fund, until now still no dividend.
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If you have been following this thread since V1, most members have switched out PCSF. This fund has not been performing from the time it launched until now.
guanteik
post Feb 4 2014, 12:24 PM

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Noticed that the amount required in the Account#1 is higher in order to invest with KWSP.
guanteik
post Mar 20 2014, 04:06 PM

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Anyone noticed that EPF withdrawal time frame is getting long in 2014? Last year, if I were to withdraw from EPF, the $ goes into my investment immediately.
guanteik
post Mar 21 2014, 08:29 AM

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I took out $ from EPF on 10/3 but until now it's not reflected in my system. I am sure of my amount in the EPF so it shouldn't have gone wrong with the amount. I walked into the branch anyway.
guanteik
post Mar 21 2014, 03:14 PM

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QUOTE(j.passing.by @ Mar 21 2014, 02:53 PM)
I am assuming that you meant that you filled in some forms with your agent on 10/3. If I'm wrong, just ignore my reply.

Most likely the application is still under process ie. left dangling somewhere at the branch office. Why? Maybe your agent did not know about the "new" rule (which was in placed months ago) that investor need to fill in another questionnaire on investor's suitability to a new fund.

The entire process should not take more than a week if done correctly. If I'm not mistaken, the application form to EPF is scanned when it is handed over the counter at the branch office; and it is checked by software. Any errors is immediately known, and the form handed back to the agent.

If everything is correctly done, and handed over the counter before 4.00pm, the transaction will be on that day's NAV price even though EPF released the money to Public Mutual several days later.

Maybe call your agent first.
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Thanks, I don't use an agent, I walked into the branch. Latest checking on the PMO is that I see the transaction is floating. Looks like it got delayed a bit somewhat, but yes, it showed the transaction on the day I handed over the form.
guanteik
post May 2 2014, 09:54 AM

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Since there is a question to ask if "should we want an agent", I would like to highlight some points in relation with a customer's profile.

1. I don't want an agent if possible due as I do not want others to know my investment profiles for P&C purposes.
2. I don't see a point that I need to pay an agent if I am doing all the job & analysis but their job is about sales, yes, including EPF investments.
3. Agents turnover are too high in the sales industry

No offences to agents, but that's just me as an investor and a customer.

This post has been edited by guanteik: May 2 2014, 09:55 AM
guanteik
post May 7 2014, 09:07 AM

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Any idea how long does Public Mutual take to process a PRS account which I opened through PMO? I do not have any PRS with Public Mutual so I am not sure the duration it takes to open my PRS account.

I transacted the sum before 4PM yesterday.
guanteik
post May 27 2014, 02:10 PM

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If you buy PRS, you indirectly saved 26% of 3K if you are in this bracket. I would advise not to buy PRS from Public Mutual due to their high transaction fee.
guanteik
post May 28 2014, 11:14 AM

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j.passing.by:
PRS is definitely meant for tax relief purposes. We can't run away from tax completely but we can reduce it. Whether your tax got reduced monthly, you will still need to file it yearly even you have adjusted part of your salary into the EPF.

Note: Don't be so sure that your money will remain in EPF forever. If you get what I mean.
guanteik
post Jun 29 2014, 09:06 PM

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Have anyone with double thumb print broken trying to invest with EPF? I got a form KP12 from JPN and am going to invest using EPF. My question is - apart from the KP12 form and necessary sales form, what other special form is require by Public Mutual in order to withdraw the cash?
guanteik
post Jun 30 2014, 11:02 PM

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QUOTE(elisewang @ Jun 30 2014, 03:13 PM)
photocopy of nric + kp12 + your signature+ and your set of thumbprints. that about it...
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Thanks for the reply. Appreciate it!
guanteik
post Jul 8 2014, 12:52 PM

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QUOTE(xuzen @ Jul 8 2014, 12:38 PM)
Imagine this:

With a phonecall, within 30 mins an immaculately dressed man, fully groomed appears from his Mazda Six. His loafers are from Kings, his timepiece, a gleaming Rolex Datejust perpetual, platinum no less, his jacket from Zegna.

He walks over confidently to you, forms all readily filled with all your particulars, with neat and tidy handwriting, from his PA of course. He comes closer, hands you his Le Grande Meisterstruck and you sign on the doted line.

Your transaction is now completed. He gives you a mega-watt smile. Waves like a royalty. And he is gone.

<<I want to add something in here>>

Compared this with FSM... semua lu buat sendiri lar... isi borang, hantar borang, salah tulis, borang tak boleh process, transaksi pending... and pending and pending....

Xuzen
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<<I want to add something in here>>
When PM funds performs like "sh*t", the immaculate dressed man will not be able to answer that. Neither will meet you up to help submit forms that's not related to sales. Of course the Mazda 6 and Rolex you mentioned.... are thankful to the poor customer who paid the 5.5% service charge.
guanteik
post Aug 31 2014, 09:22 PM

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QUOTE(David83 @ Aug 31 2014, 08:30 AM)
Public Mutual declares distributions for nine funds

The mutual fund, which is a unit of Public Bank, declared gross distribution per unit of eight sen for the Public SmallCap Fund.

For the Public Islamic Treasures Growth Fund it declared 2.50 sen per unit; Public Indonesia Select Fund  (one sen); PB Asia Emerging Growth Fund (two sen)  and PB Islamic Equity Fund (1.75 sen).

For the PB Indonesia Balanced Fund, the gross distribution per unit was 0.50 sen;  PB Bond Fund (3.5 sen); Public Sukuk Fund (four sen) and PB Sukuk Fund (3.5 sen).

URL: http://www.thestar.com.my/Business/Busines...for-nine-funds/
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8 cents for PSMALLCAP is rather disappointing for a great fund. That's about 10% return from the last DR unit price (0.8017).

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