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Public Mutual v4, Public/PB series funds
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justanovice
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Sep 1 2012, 11:37 AM
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Hello, so anyone still holding PCIF / PCSF like me? Loss around 40%. If i am not mistaken, the brochure i got for these funds states expected result for coming year is -x%, means the fund anticipated loss further? Seriously all pro here, any reason for us to keep this fund? Also just curious, if funds under perform like this, any impact to fund managers? Just wanna know if these ppl will strive harder to make adjustments.
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justanovice
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Sep 1 2012, 12:46 PM
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QUOTE(Pink Spider @ Sep 1 2012, 11:50 AM) Fund Manager income is from the Management Fee, which is calculated as a % of the Net Asset Value of the fund. The only possible implication of underperformance is, investors withdrawing from the fund --> reduction of fund NAV --> reduction of management fee charged Other than that and loss of reputation, why would they care?  Thanks for ur comment, that's why i'm moving out my funds to be managed byself, it aint so complicated anyways  save on fees and so.
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justanovice
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Sep 1 2012, 04:29 PM
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QUOTE(j.passing.by @ Sep 1 2012, 03:27 PM) You mean going directly into the share market? If you can lose 40% in unit trust, hope you don't lose your shirt and pants in shares.  Added on September 1, 2012, 3:36 pmSomewhat true... if only we can pinpoint which is going to be the better performing fund, otherwise it's jumping from one fire to another. As for a bond fund, it can be too conservative... no risks, no gains. Thx for ur advise. I am ald in share market long time ago. But this UT is bought via fren n stayed for few years till now my fren also quit as agent ald. So no need give face to fren now can sell ald. Not much left now anyway a bit less than 10k in pcif
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justanovice
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Sep 1 2012, 04:37 PM
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QUOTE(Pink Spider @ Sep 1 2012, 04:34 PM) 10K as "give face"  Well not only give face bur i also hope it will bounce bck but seems doesnt look like it. Well less than 10 k la
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justanovice
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Feb 6 2014, 11:28 PM
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QUOTE(GunMetalX @ Feb 5 2014, 11:49 PM) hi, i have about 5k worth of units in PCIF, i bought at around 0.21 cost so now still rugi.. what should i do? should i hold, switch or cash out and put my money somewhere else? PCIF is one of the worst fund ever, talk about unit trust being long term, hold for 5 years already still negative profit.. My wife got PCIF also.. I asked her what is her strategy... She say got sure win strategy wor.. "hold till positive" @.@ This post has been edited by justanovice: Feb 6 2014, 11:30 PM
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justanovice
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Feb 6 2014, 11:41 PM
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QUOTE(David83 @ Feb 6 2014, 11:34 PM) If your wife bought it during IPO period, do take note that it's still underwater as of current NAV. -24.4% from IPO price of 0.2500 PCSF is worse at -33.56% Yea.. It's still -27%... lol
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