I've switched out all my EPF-Investment in Public Ittikal Fund on Feb 2017 to the following funds:-

As of yesterday:-
Public Asia Ittikal - IRR 20.75% ROI 10.33%
Public Far East Select - IRR 25.19% ROI 14.78%
Public Global Select - IRR 9.12% ROI 5.05%

My question is should I switch some of the profit out back to EPF or switch to another fund?

Thank you.

Haha i already put 9k in PM account and considering put in money in PRS as substitute the EPF at the current terrible economy rate😠😠i wont let my saving fly over
america trumpland surely💸💸here is self employed 2 months already

This post has been edited by skylinelover: Oct 4 2017, 05:06 PM

Investments into UT funds are usually for the long term. Most would find it not worthwhile in the shorter term as it is a roll of the dice to get the timing right to enter and exit. More so when the invested money is out of EPF.

The money out of EPF has an opportunity cost to it. You are forgoing its stable returns which have hardly any investment risk.

If you think the related markets are at their peak and would like to take some of the funds off the table, then it would be better to switch instead of selling.

In switching, it might cost you a switching fee. (Which is RM25 in Public Mutual.) While there is no exit fee, if you choose to re-enter again, it will cost you another round of service charges. (Which is 3% plus GST in Public Mutual.)

The only instance when there is no difference btw switching or selling is when there is no switching fee and zero service charge.

If you can't think of any better equity fund to switch into, then switch into either a bond fund or a money-market fund.

I would prefer a money-market fund; as there is no switching fee if I have held the equity fund for more than 90 days. Hence it would only cost me a one-time fee when I switch out of the money-market fund later back to the same or another equity fund.

With a bond fund, the switching fee will be incurred twice.

Since the aim of "switching" some money out of EPF - which is also an unit trust fund itself - is for higher returns than what you can get in EPF, having the money in bond and money-market funds for too long will defeat this objective of getting higher returns and it will be an opportunity cost instead.

So don't park the money in the bond or money-market funds too long.

This post has been edited by j.passing.by: Oct 5 2017, 04:11 PM

just curious since when public mutual has 3% service charge, i thought is 5.5 normally?

3%SC with EPF money?

Any comments on Public Islamic Global Equity Fund? My agent informed me that I can gain one lucky draw for every RM5,000 invested for this new fund
http://www.publicmutual.com.my/LinkClick.a...Ic%3d&tabid=661

Is a good fund with mainly investing in IT sector. Fully diversify by investing in multiple countries.

can foreigner that stay in Malaysia invest in Public Mutual.?

Thank you.

Wanted to switch into a bond fund but couldn't find any that is attractive. Might just stay with my fund then.

Hi All Sifus,

I back read the topic a bit here and there, for normal UT it seems to be wiser to learn and do fundsupersmart instead of PM. But how about EPF investment to UT? a.k.a the 3% serv charge by PM. Does fundsupersmart has this feature also? Any difference compare to PM via agent?

TYVM!

Context: Newbie trying to enter unit trust to fight the inflation in saving account.

For EPF MIS you buy normal UTs also, just that the list of funds allowed under EPF MIS is a subset of what you can buy on FSM (other than PM funds) and public mutual using cash.

Fundsupermart charges a maximum of 1.75% sales charge compared to 3% by PM. And it's DIY means you decide what funds to buy. The client investment specialists are available for advice also, you just need to email them to ask.

In terms of fund returns, the best place to check would be log in to your EPF online account and there's a portal for you to see. I screenshot a couple for you to see what it can do. Generally, PM Msia equity funds performed much lower than its peers



You may have better chance with PM foreign funds, but generally you would see a lot of popular funds on FSM to be on the 5 year highest returns chart





This post has been edited by dasecret: Oct 9 2017, 02:17 PM

Hi, me as an agent of Public Mutual itself can't help but want to reply to most of the comment. As I realise the problem is most of the people doesn't inform well by their agent for basis understanding. So at least I can be helpful to whoever wanted to invest or already invest but still didn't understand.

In unit trust, your precious RM will converted to units, price per units depends on that day.
Let say price per unit is RM0.25
You invest for RM10,000.
So you get 40,000 units.

notes:
Your units wont be deducted


2 TYPES OF PROFITs
Dividend of unit once a year
Increase in price

Units in the fund, but you'll get more every year for dividend.
If the price is went down, of course you feel you get less profit in term of RM. But if the price goes up, you get both 2 types of profits

As for my uncle he got 17k out from 1k he put in the unit trust. But it took him 20 years! and he never switch the fund (so no charges for switching & so on). So be patient guys,

Notes
If the agent
- doesn't update you at least once in a month (but if you dont mind, at least every 6 months), change your agent or withdraw it. just call go to branch of Public Mutual, if too lazy just call for more info.

This is not for you if you expect bunch of profit in within a year. Try MLM if you want 200% in profit for first month. But the chance is you lose 100% of your money within that first day.


Ask me for any info regarding PM, i'll try to answer your q

I'm not too sure, but I don't see any reason that a foreinger could not buy any mutual funds here since Malaysia has no capital gains tax.

You're welcome. You may want to read some of the previous posts which have indirectly addressed this issue of whether to sell or hold, namely the 3 stages of investing into UT funds.

In the 1st stage of accumulating UT funds on a regular basis, it would be easier to hold and invest more and more, bit by bit, and grow your portfolio; rather than time the market.

At this initial stage, where the funds should be the more agressive equity funds - not bond or money-market funds, it will be more difficult to sell or switch out, as we will have to buy back or switch back in to get back to our original plan to have equity funds. Plus we will have to buy more in one shot since we have had also hold back the regular purchases.

EPF has the clout to have this maximum 3% service charge that the fund companies can charge on its members. The normal consumer don't have the backing of any Consumer Watchdog to help lower the usual 5.5% charge.

How much the fund companies want to charge its clients, it is up to them but within the max limit. If not mistaken, FSM charges lesser in both cases.

EPF also has the clout to impose that any money out of its Account 1 is directly under the account holder's name.

[Actually EPF is a joint-holder, if the fund is sold, the money will go back to Account 1.

EPF will release the fund to be under your direct control upon your 55th birthday. The fund's EPF status will be deleted. You can switch it to any non-EPF-approved funds; or if you sell it, the money will go to your bank account.]

Aside from lower charges, an investment platform like FSM is good in that it represents various fund companies; you get to choose and select the better funds of each company. To get this lower charges, you will be using the platform's account. Sort of like asking a friend to buy things under his/her name to get staff discount.

Don't worry... you will get your own individual 'nominee' account to keep track of your investments.

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can sell using pmo? unable to find any link to sell.

is it under "re-purchase"?? re-purchase is selling?

This post has been edited by sandkoh: Oct 10 2017, 01:48 PM

I found this on the web....
Redeem Public Mutual Fund Online
http://imdavidlee.com/redeem-public-mutual-fund-online/

hope it is still valid....

is it under "re-purchase"?? re-purchase is selling?

[/quote]

i believe that you just register yourself online, you need to wait till 1 month the function will be there for you, same goes to switching

I'm new to PM also. Currently signing up to invest in this. Just see how it plays out.

tq.

i am mutual gold with pm.

did a switching online. switch to one fund, sales charge 5.25%!! did i see someone said mutual gold switching low or is it mutual gold elite?

pm sales charge 3%? cannot be la. i got sales charge 5.25% doing switching, even for mutual gold member.

I thought mutual gold has x times of free switching per year? Are you within the 90 days penalty period when you switch?

EPF MIS investment (from EPF Ac1) maximum sales charge is 3% for any fund house.