to redeem all...try this steps...hope it works

Dear all sifus,

What is your opinion on Public E cash deposit? It function like REPO. Min investment is suitable for newbie like me..

The fund is suitable for short-term investors who seek capital preservation.

Notes: This is neither a capital guaranteed nor a capital protected fund.
Short term refers to a period of less than 3 years.

looking at the returns....it looks like almost similar with Bank's Fixed Deposit board rates....

Minimum initial investment*: RM100.
Minimum additional investment*: RM10.

for some people

https://www.publicmutual.com.my/LinkClick.a...M%3D&portalid=0

Should i go for 3 yrs or try my luck for 1 yr?

try your luck?
what is the targeted Total ROI (in 3 yrs time or 1 yr time) do you intent to get before you can consider if your luck is good or not good?

I requested to switch funds on 16/3/19.
Until now, transaction status still floating.
How many days Public mutual process normally?

while waiting for experienced sifus responses,
my wild guess is....
you apply to sell on 16/3 (Saturday)
depending on the fund itself, the actual sell may just trigger on Monday. (18/3)
the Nav of Monday will only be known most probably on Tuesday 19/3
the fund house can just do the transaction based on the known Monday's Nav

Yes, I expected transaction is clear today. Till now, it is still floating transaction.

Thats why you need to

1) Keep emergency funds of 3-6 months (or even more depending on your age and dependents that you have). This can be a 1 month FD and some money in savings account.

2) A portfolio of investments.

Some X percentage in safe assets such as ASN, FD, and bond funds, and a large % in EPF.
Then Y percentage in more risky assets such as equity UT, and P2P.

3) Important to rebalance every year.

Every time your equity fund goes above a certain percentage that you plan. Then sell part of your equity UT to the % that was planned and invest that amount into safer options such as bond funds and FD. You do this vice versa also when UT equity drops and then sell part of your safe investments and then buy the more risky assets. Thus, you follow the saying buy low and sell high.

One also rebalances due to changes in our lives and as we age closer to retirement. As we get closer to retirement. We want to increase X% and reduce Y%.
Number 1, 3 and X% in safe investments are meant to protect our risky investments. One only invest in Y% of risky investments when one can afford to hold until a better situation.
For more information, you can check youtube videos on emergency funds, how to invest in mutual funds, unit trust rebalancing, asset allocations etc.

Hi All, side track a bit. I purchased  a new fund recently from my agent. I used EPF withdrawal for this purpose.
Since finger print and signature is required, he advised me to do the same in 2-3 forms in case there is issue on my finger print. The additional forms are for backup purposes.

Is this practice normal and safe? I believe the form is only for EPF withdrawal for unit trust investment and will
be directly creditted to my unit fund account. Should I be concern at all?

Thats why you need to

3) Important to rebalance every year.

Every time your equity fund goes above a certain percentage that you plan. Then sell part of your equity UT to the % that was planned and invest that amount into safer options such as bond funds and FD. You do this vice versa also when UT equity drops and then sell part of your safe investments and then buy the more risky assets. Thus, you follow the saying buy low and sell high.

One also rebalances due to changes in our lives and as we age closer to retirement. As we get closer to retirement. We want to increase X% and reduce Y%.
Number 1, 3 and X% in safe investments are meant to protect our risky investments. One only invest in Y% of risky investments when one can afford to hold until a better situation.

Keyword: TP- take the god damn profit. And bond/fixed income portion comes into the play which provide you income and cushion when you need to take out the cash during red market.

........
Do you think it is better we redeem/sell the units when the market is bad, and buy back again when we want to invest again?

just an analogy like things....

"what if we do the right thing and all is green.
You keep the fund there for 10 years.
And then suddenly the market crash and you lose the job or something and you need to get some cash.
But due to the red market, all the funds that are doing well in 10 years has now plundered. "

assuming all green at 7% pa for 10 yrs

your invested money will be doubled......

if mkt crashed 50% at that moment......looks like you may still have back your initial investment amount.

but if you were to do as per suggested in the earlier posts (above posts), you may lose not that much....

You forgotten the 5.5% service charge.

usually most would buy more when the markets are low and sell when the markets are high
usually most would also buy from those that does charge lower sales charges.

well unless those that does not mind about the above at all....then it does not matter