what is your purposes of investing in UT in the 1st place?
usually what ever goes up will usually comes down,...but it is just "when", "by how much" and "for how long will it be down"....just do you have the appetite or are you prepared for it in anyway.

answered that, you will then decide whether to keep or throw. 

Leave market timing to the fund managers, just sit still.

E.g.
U buy at RM100
Went down to RM80 (your so-called "low")
Then back up to RM120 (your so-called "all-time high")
U sell
It went further to RM150
U  
Then it drop back to RM110
U think...not "low" enough
U wait
Then it fly again to RM170
U

History may not be a good indicator of the future...

Just keep a constant asset allocation...and rebalance like, every 3-6 months

E.g. bonds 40% equities 60%

If equities went up to 67%, u sell some equity funds and/or u top up your bond funds to bring the % back to your initial plan

Err...some actually suggested to use FDs and/or RHB-OSK Cash Management Fund 2 as "bond-substitute", in view of the current environment where central bankers will only raise, not reduce rates. Do some homework on your own, basically when central bankers raise rates, bond funds will be hit. Don't ask me to explain, u a graduate (I presume), go research on your own.

If u really want a bond fund, do consider RHB-OSK Income Fund 2.

bond asset class can include FDs
if you trust FSM...try reading this latest article....issued 14 Apr 14

http://www.fundsupermart.com.my/main/resea...?articleNo=4528

Fund Name  Ex-Date  Reinvestment Date1  Gross Income Distribution Rate  Net Income Distribution Rate
Kenanga Growth Fund  29-May-2014  29-May-2014  RM 0.06 per unit  To Be Advised

STAY CALM