Come come fundsupermart.com.my

Easily 7 to 10% p.a.

Wanna know more??? Visit FSM lowyat thread

Thanks ganaesan for suggestions..mind telling me how to join this fund by which bank?i'm really noob on this

Since you had already paid the service charge i would suggest you to do switching to another fund instead of repurchase/withdraw it.

Most of the Public Mutual's local large cap funds are under-performing, i would suggest you to take a look into their new funds within these 1-2 years:

for Malaysia local small/mid cap fund
1. PSTEF
2. PEMOF
3. PIEMOF

Malaysia large cap fund
1. PAVGEF
2. POEF (50% foreign)
3. PIOEF (50% foreign)
4. PSTGF

Foreign fund
1. PAIF
2. PTAF
3. PFA30F
4. PFES
5. PNVGF
6. PGSF

and for those who claimed that other platform and fund house can provide 'easily' 7-10% PA is irresponsible.

if u know how to DIY, go for DIY platform like fundsupermart etc.
if u don't know how to DIY and wish to have person to serve you, Public mutual is one the way.
if your consultant is not that qualified for doing it for you, go find another one, OR go an learn how to do it and manage yourself.

disclaimer: i'm not a public mutual unit trust consultant.

This post has been edited by basSist: Aug 27 2017, 11:35 AM

J.passing.by,

I am writing to you simply because you are an advocate of Pub - Mut here at LYN forum.

Seriously WTF is wrong with Pub - Mut, giving such lousy return to her unit holders despite talking a lion's share in terms of sales charge (fee).

It is wasn't Pub - Mut is the face of the industry I would not be bother to commnt, however, since unfortunately, Pub - Mut is the unofficial brand ambassador for the UT industry as a whole, she is giving the industry a very bad name / image.

This is why also you get naive people says things like, "UT investment is tipu orang punya... etc"

Xuzen

Thank you for suggestion..I really appreciate your reply...

Fundsupermart distributes funds from various banks (except for Public mutual and some other agent centric funds like cimb DALI, Hong leong) which gives you the flexibility to invest on the better/best funds in the market without being limited to a particular fund house

Fundsupermart (FSM) also offers managed portfolio which requires less research and homework from the investor as fundsupermart selects a pool of diversified funds based on your risk appetite. The only downside of this service is minimum subscription of RM10k, and 0.5% service charge per annum. But honestly, still much better than sub-par performance from public mutual with upfront 5.5% sales charge

Besides, if you show them proof you liquidate public mutual funds and move to FSM, they would waive the sales charge of the amount you moved over. So you don't lose much from liquidating

Hop over to https://forum.lowyat.net/topic/4193169 for more details

Thanks for trying to give a more balanced view, but I also added above on some of the options he has. And IMHO, using another public mutual consultant is one of the worst choice that he has. The problem is not so much of the UTC really, the PM funds across the board sucks. You just need to read the last 3-5 pages of this thread and contrast that with FSM's. Numbers don't lie

I've been saying that since last year... I wish Securities Commission would do something about it. At least figure out what is the issue in Pub Mut that result in such sub par performance. But I do understand the regulator's challenges. Too much regulation is bad for business, too little regulation and you get cowboys

In order for the asset management industry to grow, they cannot be seen as an inferior product distributed by inferior sales consultant who just want to close sales

Especially with EPF-MIS, if a lot of ppl get <EPF returns, what do you think the investors impression would be. Even I would be screaming unit trust cheat money

p/s: My EPF-MIS is doing well btw

Hey there guys, keen to explore of investing in bonds. Appreciate if any person in charge/agent can drop me a line to discuss this further. Thanks.

Tell me about it, my epf in public mutual earned like 4.8%, lower than EPF.

Which fund house are you using for your KWSP - MIS?

I am using Eastspring Inv , getting 8% annualized (4 years old port).

Xuzen

Eastspring as well, about 1.5 years portfolio; 10% annualised (didn't have the balls to go EI SC 100%)

Great minds think a like. Was riding on ESISC last two years, now have switched to Dinasti. From riding the Crouching Tiger, now move to riding the Hidden Dragon !

This post has been edited by xuzen: Aug 28 2017, 12:50 PM

A sales charge is there doesn't mean guaranteed superior return compare with others. it is one time charge for the consultant to serve the client. serve, doesn't mean it must be better return in short term.

i believe the company's goal is to provide financial planning services to mass market aka normal investors with money saving objectives. some consultants do provide and educate the mass clients with correct mindset in investment world.

obviously, if you think u can manage yourself. go ahead with DIY method to hit the highest annualized return your own.

if you need someone to guide you on to save and invest for the purpose of long term goals, to handle the transactions, to setup the trust nomination, the provide will writing knowledge that you need. then you may need the services from the consultant.

not everyone is IT savvy enough to keep scrolling and refreshing the forum. if you think you can help the people around you who invested in PMB, go and educate them one by one and show them how to invest in other platform, for free.

Hmm, not sure what you are trying to imply.

I consider myself a big advocate of FSM, not because I've issue with paying sales charge, I've actually paid sales charge to deserving UTC but it's harder to find a good UTC than to DIY these days. So I do actually share with family and friends on how to go about using platforms like FSM and my personal fund allocation strategy. FOC just like what I share here.

To be honest, since I started about 1 year plus ago, I believe I've created some awareness here on perils of PM if you read up the past posts in this thread. Of course there are more work to be done. Asset management industry is a big one with growth potential. It is very wasted to see it being seen as a cheat money tool by agents and eventually being made redundant

And I think you may not have kept yourself very updated on the fintech developments. These days the online platforms do not just work for DIY users, there are robo advisory platforms or similar ones that provide full service to the investors who didn't want to spend time studying what funds to buy and how to rebalance. With systematic methodology and research to back it up, isn't it much better than the "personalised service" by UTCs who are usually hit and misses

Like I said, if you think you can manage it. Go ahead I have no obligation to stop ya.

I hope that this thread is to assist the existing or new investors about the company and product and services.

To each his / her own.

but numbers don't lie , and numbers don't have an opinion.

Aiya, ppl made it very clear that cannot say negative things here... even if it's backed by facts

Actually we help new/existing investors here to see how they are in a sinking ship and what are their options to keep afloat or better still, move faster

In my recently first post already mentioned that the local large cap fund is underperforming ma, compare with peers.

For existing Investors I recommended they do switching into few funds under my radar.

There are like 100+ funds. Not all are good, nor all are bad.

And I make it very clear, 2 options for readers in this thread that. DIY or Consultant Service. If you think I'm pro PMB then I got no comment.

Edit: oh ya 3rd option, DIY with managed funds aka robo platform. So many options out there.. right? 😂 So for those who follow this thread or other UT thread, study and do homework before start investing. Good luck.

This post has been edited by basSist: Aug 28 2017, 05:43 PM

Thank for suggestion..really appreciate..

TBH, PM charging a 5.5% sales charge nowadays is totally unacceptable when there are other platforms charging only a max of 1.75%. (No wonder PB is making a lot of bucks all these years...)
Idiot.... buy online also kena 3.75% sales charge!!

Sales consultant roles are obsolete now, i personally never got any advice from sales consultant also. anyway what the consultant can do? they cannot guarantee the return pun. i believe insurance industry also heading the DIY age.

PM must change to survive in this fintech age, or else no more new investment from the younger age group.

PS: i still have these funds under PM since their inception:- (going to sell off soon)
1) PBCF (Luckily this china fund recovered and made some profit...)
2) PBGF (I must say this is one of the best performers)
3) PBFIF (Fixed income fund - nothing to shout about)

This post has been edited by wonghs: Sep 4 2017, 06:54 PM

Hi I know we can register PMO and sell or buy fund ourselves online

Yet anyone know if we don't have PMO registration, can we go direct to public mutual branch to sell off our current fund holding without our fund consultant involve?

As I ask my PM consultant and he seems doesn't bother to answer me

This post has been edited by ehwee: Sep 6 2017, 05:48 PM