Did u compile a list to compare the performance?

FSM did have a list published...but it does not have PM funds inside that list...
and nope...i did not compile the list to compare the performance.

Equity Funds with 10-yr growth rate beating EPF: All of them.

"Constantly". This is a tough requirement to meet, and in a way misguided. There will be up years and down years... this is the reason to have diversity of funds in a portfolio.

This post has been edited by j.passing.by: Aug 28 2015, 01:05 PM

some of the EPF approved funds that has annualised returns < 6% for the last 10 yrs


Attached thumbnail(s)

We were talking about Public Mutual funds...

FYI, EPF rates ranged from 4.50% to 6.75% over the past 10 years; CAGR 5.715%; growth of 74.33%.
All 7 of these funds in PM easily exceed 100%.

Over 5-yr: All 16 funds beat EPF.
Over 3-yr: 21 out of 22 funds beat EPF. The blacksheep missed it by a fraction: 20.38% vs 20.51%.

(Data as at 31-Dec-2014.)

Edit: Typo corrected in blue.

This post has been edited by j.passing.by: Aug 28 2015, 02:56 PM

Those I think is not EPF fund. PRSF example ... is high performance for last 10 yrs.

Thanks for the confirmation...

Those are EPF approved funds but as pointed by j.passing.by..they are not from PM...thus have some dismayed results.

Public Mutual declares distributions

Public SmallCap Fund - 6 sen per unit,

Public Sukuk Fund, PB Bond Fund, and PB Sukuk Fund - 3.75 sen per unit each fund

Public Islamic Treasures Growth Fund - 1.50 sen

PB Islamic Equity Fund - 1.40 sen per unit

Public Indonesia Select Fund and PB China Australia Equity Fund - 1 sen per unit each fund

PB Indonesia Balanced Fund - 0.5 sen per unit

Public Strategic Growth Fund - 0.3 sen per unit

I hold PB Asean Dividend & PB Growth fund since 2011 but their performance are really bad. PBADF is losing money and PBGF average only 2% pa.

I am planing to dump them soon. Any suggestion what i should look at next?

Still holding on to Public SmallCap fund since 2011
Returns r reasonable till now

You're welcome.

I think there is misplaced high regards to EPF rates, maybe because of short-term memory and comparison to FD rates. Rationally, EPF is a very conservative fund since it has to guarantee 2.5% dividend no matter what the economic situation is; and most EPF-approved equity funds - which are also conservative as bulk of the monies are in local equites - should easily beat it.

That was a 2nd try in catching me giving 'misleading info'...

Standard PM clockwork procedure... declaration on last working day of the month.

PB Asean Dividend & PB Growth. Serious... Asean fund is shortlisted for my Sept purchase.

Give more details, and will try to check why their performance were so bad...

My agent actually recommended me to sell PBGF but keep Asean fund. I am not sure i still have the patience on it.

What additional details you?

This post has been edited by neonikson1: Aug 29 2015, 12:29 AM

What additional details do I need? Well, further details would clarify why you think they are bad funds, since looking at their performance charts since 2011, shows a different story than you claimed.

Maybe replace PBGF with PB Islamic Equity Fund; or maybe read my previous post on the need to amortise the high service charge; or maybe read the recent post on selection of fund using the top-down approach and review the whole investment again whether the selected company is suitable to your needs.

The PB funds offered by Public Bank is not as wide as those offered by Public Mutual. One can't walk into a Proton showroom and expect the salesman to offer better selection of cars not within the showroom... capish?

This post has been edited by j.passing.by: Aug 29 2015, 02:05 PM

Okay... long weekend... let’s briefly review August, a bad month for all markets.

How bad? Here’s some selected markets and 1-month growth:
NIKKEI 225 - 7.04%
TOPIX INDEX (TOKYO) - 6.61%
SHANGHAI SE COMPOSITE - 11.77%
SHENZHEN SE A SHARE INDX - 12.50%
HANG SENG INDEX - 12.27%
HANG SENG CHINA ENT INDX - 12.41%

KOSPI INDEX - 4.56%
S&P BSE SENSEX INDEX - 6.13%
TAIWAN TAIEX INDEX - 7.46%
S&P/ASX 200 INDEX - 7.64%

FTSE Bursa Malaysia KLCI - 6.41%
FTSE BURSA MALAYSIA EMAS - 7.72%
JAKARTA COMPOSITE INDEX - 7.42%
Straits Times Index STI - 7.70%
THAI SET 50 INDEX - 5.96%
HO CHI MINH STOCK INDEX - 8.08%
PSEi - PHILIPPINE SE IDX - 5.98%

RUSSELL 2000 INDEX - 6.12%
DOW JONES INDUS. AVG - 5.92%
S&P 500 INDEX - 5.46%
NASDAQ COMPOSITE INDEX - 5.85%

BRAZIL IBrX INDEX - 7.22%
S&P/TSX 60 INDEX (Canada) - 4.26%

FTSE 100 INDEX (UK) - 6.70%
SBF250:IND (France) - 7.75%
DAX INDEX (Germany) - 8.94%
FTSE Italia All-Share - 6.42%
SPAIN MA MADRID INDEX - 7.56%
PSI 20 INDEX (Portugal) - 7.51%

SWISS MARKET INDEX - 6.82%
AEX-Index (Neitherlands) - 9.95%
OMX COPENHAGEN INDEX - 5.31%
BIST 100 INDEX (Turkey) - 6.59%
FTSE/ASE Large Cap (Greece) - 22.61%
SASEIDX:IND (S. Arabia) - 16.35%

How will September fair? Who knows... but next week could be interesting.

Shanghai index was boosted after the lunch hour and closed 4.82% up, while HSCEI, which is more assessable to foreign investors, ended -1.14% down. It will be short week for China, as they will be off for holidays on Thurs and Friday, and Hong Kong on Thursday only.

Maybe the big foreign fund houses from US will do some clearing on Friday before they go off for a 3-day weekend, as the following Monday being Labour Day in the States.

============
How’s my portfolio doing? Positive gains this week after KLCI rebounded up from Scary Monday. (Day trader CIS made USD34 million in that 24 hours!) But still steep losses for the month; and quite okay that it was not 4 weeks losses in a row.

YTD still positive as I had cut down the equities to 20% by April... and got back in too early, adding back 30% from June till mid of this month...

Cheers. Keep investing.

Public Mutual - PB Growth Fund
http://www.bloomberg.com/quote/PUBPBGF:MK

The price in 2011 is higher than 2015 now.


Public Mutual - PB ASEAN Dividend Fund
http://www.bloomberg.com/quote/PBASEAD:MK

The price in 2011 is about the same as 2015 now.

I don't have to look into the links - as I know they are wrong.
These type of sites simply achived the NAV prices; and never adjust the prices after each income distributions.

See the performance chart from the official PM site: http://www.publicmutual.com.my/application...formancenw.aspx

Signed for the online service and checked the current value of your purchases...

Cheers.

OH ya... they are different. But my account statement shows that i didnt make money. I should yell at PB then. What the heck the chart shows improvement of 300% but i didn't get my money!!!

This post has been edited by neonikson1: Aug 29 2015, 05:00 PM

Global equities is still not out of the woods yet. More turmoil to come after some recovery. Sell on rallies.

‪#‎USequities‬
- L3 Economics

Calm down...

Are you referring to the correct data? I don't recalled any funds with 300% growth in 4 years...

Look, we still don't know what's your problem and what you expect from your investment.

You first come here looking for better funds after claiming the funds you have are 'really bad'. This is like saying a new car just bought is a lemon and giving a bumpy ride. So you ask opinions for cars with more comfort. No matter which car you going to test drive will not resolve the bumpy ride, when it is actually the roads that are uneven and full of potholes that is giving the bumpy ride.

1. Do you know what is the current value of your funds, apart from the account statement, which I think was not really up-to-date.

2. Do you know how many units you currently have? You can do a quick calculation:
Number of Units x NAV price = Current Value.

3. Do you know where to look up the price list? Here is the link: http://www.publicmutual.com.my/application.../fundprice.aspx

This post has been edited by j.passing.by: Aug 29 2015, 05:40 PM