Sorry dude,i think this is not right. ASB normally gives return of about 7 to 9+%. Not 12% as u said. As a Public Mutual unit trust consultant , I would say go for unit trust because it always aims for a return from 12% - 15%, depending on your risk preference,time you buy,type of funds and economic perspective. For eg, as for now,fund such as Public Islamic Balance Fund which invest majorly in a crude palm oil companies such as SIME DARBY & IOI CORP is benefiting the Crude Palm Oil price rises. That is why it's NAV jumps quite substantial lately and is expected to last at least until JUne. I know this because I am also a Dealer Representative for a Stock Broking company

As for the info on the investment with PNB, I have copy & Paste the info here:

ASB
Tahun Berakhir 31 Disember 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit (sen) 7.25 7.30 8.00
Bonus Seunit (sen) 1.75 1.25 1.00

ASN
Tahun Berakhir 31 Disember 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit (sen) 5.50 5.50 6.25

ASN2
Tahun Berakhir 30 Jun 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit (sen) 5.50 5.00 5.20

ASN3(non bumi also can)
Tahun Berakhir 30 November 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit(sen) 7.00 6.30 8.00

Just want to share with you guys. If anyone would like to know more about investing with Public Mutual,please contact me for consultation.No obligation to buy after consultation. You may contact me at countariza@hotmail.com.CHEERS!

This post has been edited by ameyati: May 19 2008, 07:14 AM

No I am not but I will register for it this year and take exam next year. It's a hard paper you know. My friends (3 guys) has even repeated the level 1 exam for 3 times . Hopes I wouldn't have such problem next year!. . It just that I am in this stock broking industry and I know something.hehe

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Added on May 19, 2008, 7:33 amIt's not that I purposely not mention the service charge but you know, to explain all in one post will takes thousands of words about the investments. Ok as for charges, PM charges about 5.5% (drop 1% this year compared to 6.5% last year) for cash investment, and 3% for EPF investment. THis is one time charges once you invest in UT.The annual charges would be 1.5% Management fee and max up to 0.08% for the trustee fees (depends on the funds type).

If you invest RM100k,you will eligible to be MUTUAL GOLD member and enjoy MUTUAL GOLD benefits such as:

1) Repurchase cheques within two business days
2) Switching fee waiver between loaded funds (usually cost about rm25 per switching)
3) Administration fee waiver (1.5% per year)
4) Free group personal accident with permanent disability insurance of up to RM500,000 (age eligibility 18-59)
5) Free public bank credit card
6) Free will writing and setting up of trust
7) Complimentary magazine
8) Complimentary petrol vouchers for motor insurance
9) Quarterly account summary
10)Quarterly fund review
11) Invitation to seminar/financial planning talk, and many more

So,call me to get your brochure and prospectus today! AMEER 0142331917 or email me at countariza@hotmail.com .CHEERS!!!

This post has been edited by ameyati: May 19 2008, 07:33 AM

hmm..so you're trying to testing me . Come on, I am just a fresh graduate with a 5 months experience in this industry. But nevermind, I will try to answer them and if there's something to share, let share it here .I will try to answer as simple as possible:

1) The Malaysian market is expected to rebound in next few days due to the analyst expectation that the rally on stocks in Oil & Gas and also selected CPO to continue strengthens. Not to mention this will still remain bullish for the next few weeks, the surging in price for building & construction materials for eg. steel(steel bars &bilets), cement and etc. would also benefits to local companies like CIMA, Southern Steel etc. Eventhough Malaysia market is still be affected by the US economy (subprime & credit crunch), we expect there would still be strong on local demand and spending. especially on buiding materials as the Iskandar development project would surely boost the demand for the said materials.
China market,I am not so sure. But, we're looking forward towards the Olympics in Beijing which would boost consumer spending,tourism,demand for fuel to increase(transportation),etc. Eventhough,its inflation is quite high,that is atually what analyst had been expected to be parallel with the countries economic growth.

2) Buy when the price is low (after declared dividend),or when the prospect for the company is to be said promising. Exit position can be made when price is high(determined by the market,so if you like to speculate,choose the stocks with high trading volume). If unit trust,switch, when you think you had make profit to lock it. As for technical part,you will need to interprete the price charts.Good source would be on Bloomberg.I'd prefer the Bollinger Bands,RSI and stock price performance (japanese candle stick).

3) I think Unit trust is quite similiar to fund management cause it is managed by professional fund manager. The funds (your money) will be invested in various sector,region and securities(stock,bond,Money market) to diversify.I would say both of them is the same.correct me if i am wrong.

4) Fund management will be managed by the fund manager. The most preferred qualification would be CFA.The fund manager must also registered with Securities Commission and had passed Fund Management examination which includes module 9 & 10.

5) Stocks is better in terms of ownership that you have. For eg. if you own 10% shares in KENCANA PETROLEUM,you are among the boss in that company.You will gain on profits made by the company in terms of dividend payment & capital appreciation. You will also benefits a lots if there is a corporate action eg. bonus issue,rights issue,warrants. So stocks is better than any investment that you have listed.COmmodities,Option,Forex,warrants are all very volatile and very2 high risk investment!!!

That's all I think. Share some info with me.Correct me if I am wrong . I am new,but always looking forward to improve my knowledge and myself.CHEERS!!

Regarding the 12%- 15% return I said previously is what the fund managers are trying to achieve. But hey,My mom's makes a return of 40% of her investment in Public ITTIKAL funds in 2 years!!!CHEERS!!!
Ameer 0142331917/ countariza@hotmail.com

Thank you.Yup 10% shares in 1 company does really need lots of money. If you are VERY RICH,then only you can buy 10% bcoz it will cost you RM hundred millions. Working in stock market is really challenging and great. I am exposed to many opportunity to learn more about finance.

Regarding the post, I really need to apologize for the wrong place. Sorry dude,I am new and quite confusing on which forum should I go.

About the UT, YES it is risky and loss in investment return is possible but you know the fund manager know what he/she is doing and the consultant should know when to switch and which funds to go.

Seems that this is my last post in this forum. If got any question,please PM, call or email me. I will try to find the suitable forum for the topics I intend to discuss.

CHEERS!!!