The returns in the main page tracked back all the previous transactions on the same fund, and totaled up all the values bought/switched-in and sold/switched-out. The returns is the difference between this total value and the current value.

The total value previously bought and sold is inclusive of any fees and service charges and taxes incurred.

(The same fund but under different account numbers, due to using multiple UTCs, will also be combined together.)

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I usually ignore the main page showing the value of the funds and only use it to counter check the total current value of the entire portfolio against my own Excel spreadsheet. My calculations treated the values differently.

PMO:
Total Bought: RM10,000
Total Sold: RM5000
Current value: RM5500
Total Returns of the fund = 10,000 - 5000 + 5500 = 500

My own calculations showing the current returns:
Total Units Bought: RM10,000 @ 0.2500 per unit = 40,000 units
Total Units Sold: 20,000 units
Remaining Units = 40,000 - 20,000 = 20,000
Current value: 0.2650 per unit
Total Returns of the fund = (0.2650 - 0.2500) x 20,000 = 300

Actually, the workings in the spreadsheet is a bit more complex than the simplified example shown above. The main page in my excel file would show the current active funds, their current returns and their CAGR (Compounded Annual Growth Rate).

Thank you very much! You explained it well.

So both calculations are correct, only that one referring to total returns (since the inception of the fund) whereas your calculation look at current returns. Am I right?

But there is no function in PMO to show all previous transactions, isnt there?

Public mutual is not meant for short term investment, i yielded great profits in last year with investment in PRSEC and PFES about 8% to 8.5% ROI, but didn't sell out at that time , because i was just started to invest for 1 year.

Then this year because of the US-China Trade War now that both my funds are showing -ve in return meaning making a loss, but i will still continue invest because China's market won't be forever down and it will rise again is just the matter of time.

I would suggest to invest using EPF instead of cash, because of the sales charge % is different 3% EPF, and 5.5% for cash, therefore the breakeven point is lower if you invest using EPF. Unless you really have loads of cash till you don't know where else to invest.

My investment conditions:
1. Have sufficient cash flow in EPF or Cash.
2. Plan to invest long term 5 to 10 yrs or above.
3. Invest when price down, sell out when price high.
4. Try look into new fund which selling at lower NAV price per unit.
5. Overseas fund high risk but high return. 
6. Local fund can invest but need to wait and be patient.

yes, the only good thing for PM is now that we can rebalance the funds ourselves rather than depending on the agents

I started when internet was in still in its infancy. If the investor was living in a small town and has to travel far to a Public Bank or branch office, one way to get things done was leaving undated cheques and forms already filled in with a UTC/agent.

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BTW as mentioned in a previous post, gold members now have unlimited free switches when using PMO.

So far this year, in taking advantage of the new policy, I have changed the amount to switch to smaller amounts.

For example, if the plan was to make 1 or 2 switches per month previously, it can be changed to making a switch each week.

No need to think too much whether the timing is good or not to switch this week or next week. Just break the monthly switch to smaller amounts into weekly switches.

1) The minimal number of units acceptable in a switch is 1000.
2) After a fund is held more than 90 days, there is no lock-in penalty when switching out.
3) Gold members, unlimited free switches using PMO.

hmmm, what do u intend to achieve from making weekly switches into smaller amount?

1) Yes, it is the total returns since the fund was started.

The difference is that when the fund is partially sold or switched out, in my excel calculations, I deduct not only the portion sold, but also any profit/loss associated with it.

Whereas PMO leaves the associated profit/loss in the fund.

I have to do that in my excel, otherwise I can't work out the annualised returns.

2) You can check back all the previous transactions... up to the past 3 years.

- Go to 'My Accounts'.
- Select the account you want to see, by clicking the account number on the left most column.
- It will show the Accounts page with several tabs... Account Details, Transactions, Distributions, Summary of Returns.
- Click the Transactions tab.
- Choose one of the transaction buttons on what to show... past month, 3 months, 1 year, etc.

Is the Service Charge too excessive?

I think, a layman's opinion out of thin air, a fairer service charge would be 1.5% for equity funds. 0.5% or lesser for bond funds. And nil charges for money-market funds.

(Whether EPF or not, same charges.)

After all, this service charges are marketing cost and commission to the UTCs. Doing the marketing and transactions online has removed the involvement of any UTCs.

As for the operational cost of running the fund, there are the annual management fee and trustee fee.

If the industry cannot lower the service charge on their own, maybe it is time for the higher authority (is it BNM?) to initiate a review.

I second to that, because of these high SC, I have redraw all my PM funds last year as my consultant seems dont care to advice and assist me on anything.

Not point pay SC to him

Waiting for PM to lower down it's SC rate from it's online platform then will consider enter PM again

No worth buying Mutual fund lo.
sales charge will kill you lo...
tell me...how long should i invest in mutual fund in order to be in profitable level?
EPF yearly dividend roughly average 5.5%.

Buying Mutual fund with sale charges at 3% mean that Mutual fund need to make extra fund dividend of 8.5% within the 1st year to breakeven.
if not, might as well let it hibernate inside your EPF account mah.

I disagree, for short term yes it might not worth it but for long term you'll get more return than what you get keeping your money in the epf (if you are willing to take the risk la)

Let's assume you have 100k

epf give you average 6% return and unit trust give you average 8% return

if you have the 100k in epf for 10 years with 6% return, your future value would be 179,084.77

but if you have 100k minus 3% sales charge = 97k in unit trust for 10 years with 8% return, your future value would be 209,415.72

there is total 30,330.95 different,

in the end it's all about your time horizon and risk appetite

10 years (30,330.95 different)





20 years (131,399.29 different)

Hi, im newbie here... just started withdrwing my EPF last March 2018 to invest in PB...also subscribe to PMO to monitor my fund and need some guidance....

My inception date as follows:
1) RM72,160 on 26/03/2018
2) add on RM53,939 on 16/08/2018

My question, is it normal to see my return in negative at this point of time? Overall is about -6.5% (minus 3% sales charges hence net -3.5% margin) upon inception..appreciate some advise....my current funds as per below:

tell me which fund give average return 8%...bullshit lah
which Public mutual fund...mine is high risk already lo...follow the market index...
i bought it both time when KLCI is at about 1720 point


today price



can analyse ?

how long have you invest?

Hi, im newbie here... just started withdrwing my EPF last March 2018 to invest in PB...also subscribe to PMO to monitor my fund and need some guidance....

My inception date as follows:
1) RM72,160 on 26/03/2018
2) add on RM53,939 on 16/08/2018

My question, is it normal to see my return in negative at this point of time? Overall is about -6.5% (minus 3% sales charges hence net -3.5% margin) upon inception..appreciate some advise....my current funds as per below: