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 Fund Investment Corner v3, Funds101

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cybercrew
post Aug 25 2015, 09:48 AM

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Junior Member
183 posts

Joined: Sep 2009
From: Petaling Jaya, Malaysia



Guys..

I've been investing in Public Mutual for the past one year, via EPF withdrawal..
So every quarter the agent will contact me to top up the investment by withdrawing from EPF acc 1.

She contacted me again for the same last week. But i'm confused now, thinking whether should proceed or not.. due to the current economic situation.

What i know is the fund i invested is local fund with slight foreign exposures.

So i have few questions in my mind which would like to get clarification from sifoos here.

- Should i proceed with the top up as usual or hold on for time being?

- Is there any direct or indirect impact to the investment due to the current weakening ringgit + economy ?

Please clarify,

Note : I've asked the agent on this before.. She told me that the impact will be lesser and despite economy down for long term the fund values will increase..
She is earning commission out of my investment.. so i cannot take it ..there could be personal interest .. So end up here to discuss with our fellow LYN members..

Thanks.
cybercrew
post Aug 25 2015, 10:02 AM

Getting Started
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Junior Member
183 posts

Joined: Sep 2009
From: Petaling Jaya, Malaysia



QUOTE(cherroy @ Aug 25 2015, 09:55 AM)
Fund NAV moves together with its portfolio worth.

If the particular fund invested in equities, and stock market plunge, you will see fund NAV drop, as simple as that.

Whether longer term value increase or not and how much, nobody can be ascertain one.
*
ok..so as long as the fund invested in equities and stock, the risk is there right ?
cybercrew
post Aug 25 2015, 10:33 AM

Getting Started
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Junior Member
183 posts

Joined: Sep 2009
From: Petaling Jaya, Malaysia



Is its safe to keep existing investment or best to withdraw all ?
cybercrew
post Aug 25 2015, 12:29 PM

Getting Started
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Junior Member
183 posts

Joined: Sep 2009
From: Petaling Jaya, Malaysia



QUOTE(superb999 @ Aug 25 2015, 12:28 PM)
I would say keep the existing but dont withdraw anymore from your epf because if u were to sell now u might be selling at loss. Just wait for it to bounce back and recover the 3% service fee then only sell it off.
*
Thanks guys...this sounds right..will keep the existing..

 

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