Sales charge for EPF is 3%.....
past 7 yrs doing periodic reinvestment....
with minus 8% ROI......It will be a tough nut to beat if were to includes the cumulation of the yearly 6% opportunity cost
may I suggest you stop the reinvestment but invest into some other fund or just stop taking out the money from EPF to earn 6%

btw, did you do the calculation of profit/losses by yourself?

This post has been edited by MUM: Oct 6 2019, 09:59 PM


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I am not sure about the display from KWSP....
you mentioned total about 74K...here it shows 107K
wondering why??

...if you have opened a PMOnline registration....goto PMO website to login and check the status?

so that 6k losses is/maybe most probably from that few other funds too (Public Global, etc, etc funds)?

This post has been edited by MUM: Oct 6 2019, 10:49 PM

ok, now clearer....

Yes...that is the basic school of thought.....buy at lower price to average down the NAV by having more units...
But not when one is having to beat the opportunity cost of a risk free rate of 6%,
Not when the fund has tight focused mandate,
Not when that fund is allocated so heavy %, in term of relation to other funds in the port till it becomes loopsided.
Not when that fund are stagnant for so many years,
Not when one did not do periodic reviews to see how is the current environment of the area in which that fund are mandated to invest in
Etc

usually I heard was to keep on pumping into the losing fund to lower the earlier purchased average cost
so now not to average the cost but to buy another EQ fund...that is why you had 4 funds....
could you tell which other 3 funds you had?
Hopefully they are not correlated....


This post has been edited by MUM: Oct 8 2019, 03:19 PM

What do you think of the high concentration and high correlation of your funds?
with over 85~90% of your portfolio focused solely in Malaysia Eq market?

no right or wrong here.....just hope that it is your individual preferences and not your agent's preference


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Guaranteed interest ??
if yes guaranteed without any specific value...then there is....
but if want to have a guaranteed returns rate like FD (FD returns are made known before buying) .....then ...even the money market funds are subjected to associated risk as specified in page 114
https://www.publicmutual.com.my/LinkClick.a...A%3d&portalid=0

put in Jan 100, next 12 months Jan
Put in Feb, next 12 month Feb
so on so on

since TS mentioned 20 yrs, thus if he is 35 now, then self contributing to EPF is a better option
a simple and approximate calculation only....
if put in each month RM 100 @ 6% EPF rate = RM 106 after 12 months
if put in each month RM100 @ - 5.5% SC, his actual investment value is RM100 - RM 5.50 = RM 94.50
this RM 94.50 each month MUST make 12.2% in the next 12 months to make same as EPF.
(94.50 x 12.2% = RM 106.03)
each month, each top up of RM100 must make 12.2% in the next 12 month

with this 12.2% ROI to beat each month, i think going for FD is even better than that UT thing

This post has been edited by MUM: Oct 20 2019, 12:54 PM

Please share the name of this unit trust fund.....

How these funds gives out interest into the account daily basis?

These funds has better risk rating than fd?
How much better returns these funds gives OVER the fd to justify those extra risk?....

This post has been edited by MUM: Nov 25 2019, 11:43 PM

alamak
Thks for the info

While waiting for value added responses.... My wild guess is, it does not matters as you will still be charged 3%
BTW, I think the system will still auto rewark the previous agent

according to this....
What can Public Mutual Online do for you?
1. Unit Trust Investment and Transaction Requests
Invest into new and existing funds, register for DDA, Regular Investment Authorisation (RIA) and Regular Withdrawal Plan (RWP) as well as perform requests for redemption and switching.

https://www.publicmutual.com.my/Public-Mutu...MO/PMO-Services

I think he "missed" to sent you the latest as of 25 Feb


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Epf rate is abt 5.5%....+ what is the sales charge for that bond fund?.... Do consider before using Epf money for investment

I think can do without going thru agent with PMO,....
but I am not sure if you can save the Sales charges even without going thru the agent.

it allows unitholders to make investment and transaction requests (including redemption and switching), and enquire on account balances, transactions and statements.
you are in the driver's seat...

while waiting for value added responses, you may want to try this almost similar situation but from different fundhouse.
Should I hold it out?
https://forum.lowyat.net/topic/4921675

Do you mean the company itself or the funds that they are managing?