ok, now clearer....

I think it is very unlikely it will go up in the next few years, and it is most likely that it will not go up more than EPF.

If you look at the performance chart, it is now at the same profit level since 2013. In other words, no profit since 2013. With EPF, you would got 6years x6% = 36% since then. You would have done better with even FD. To be fair, the mandate is too narrow.

PM funds are under-performing with over-priced service charge so they can pay the agents to go and con persuade un-suspecting investors.

A cut-loss decision should not be based on how much you have already lost, but on future potential. If no potential, your loss would be even higher because you need to also consider opportunity costs.

That's only my opinion, of course. What you actually do with your money, you have to decide.

Thanks for the advice!. Cheers

Haha a lot agent say buy now lower price

That's what my agent told me. He said should keep pumping money in PM or else the negative will be more.

Yes...that is the basic school of thought.....buy at lower price to average down the NAV by having more units...
But not when one is having to beat the opportunity cost of a risk free rate of 6%,
Not when the fund has tight focused mandate,
Not when that fund is allocated so heavy %, in term of relation to other funds in the port till it becomes loopsided.
Not when that fund are stagnant for so many years,
Not when one did not do periodic reviews to see how is the current environment of the area in which that fund are mandated to invest in
Etc

What does it mean when a fund state it has an 3 years annualized return of 6%? Does it mean for those 3 years, each year average return is 6% or 6% total return for those 3 years? Thanks.

from FSM thread....



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The total returns is (106% x 106% x 106%) - 1 = 0.191.

Or 19.1%.

a + b + c = 19.1%

The returns in each year, a b c, can be anything... it is a common investment mistake to think that a b c is the average or almost near the average.

Hence, the timing and when the purchase was done can influence the returns.

And since the annualized return in the past 3 years doesn't mean it would repeat itself every 3 years, the total returns in the next 3 years can be anything... maybe a negative figure too.

Scary scenario

so.. the CONsultan said to dig the hole deeper, thus it would not be bigger?
cool logic

momma told me to stop digging if i wanted to get out of a hole..
and climb out to look around for better pursuits - and maybe, cover the dang hole if nothing better to do.

This post has been edited by wongmunkeong: Oct 8 2019, 07:56 AM

What he meant was pump money in a different fund other than the Public Index Fund .

usually I heard was to keep on pumping into the losing fund to lower the earlier purchased average cost
so now not to average the cost but to buy another EQ fund...that is why you had 4 funds....
could you tell which other 3 funds you had?
Hopefully they are not correlated....


This post has been edited by MUM: Oct 8 2019, 03:19 PM

What do you think of the high concentration and high correlation of your funds?
with over 85~90% of your portfolio focused solely in Malaysia Eq market?

no right or wrong here.....just hope that it is your individual preferences and not your agent's preference


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You need to judge yourself. Whether you earn or loss, your agent will earn 3%.

Epf investment around 6% p.a.
You need to earn more than 9% to beat epf.

Now epf sales charge 0.5% is better. But epf performed better than 90% unit trust last year.
https://www.freemalaysiatoday.com/category/...rust-investing/

This post has been edited by engyr: Oct 10 2019, 07:52 AM

Someone shared with me say pm got a product something like a flexi fd, no fees and all. Comes with guaranteed interest and can withdraw anytime without fees. When ask about product name, he no share

Public e cash deposit fund is good. Zero sale charges. It is a money market fund. Annual return is >3%, better than one month fd interest.
Agent will not recommend it as they don't earn sales charge.

Benefit of fd.
1)got pidm
2)can withdraw immediately if you don't mind to lost interest

Benefit of money market
1)will get interest if you redempt anytime
Redemption 0%
Website stated 10 days redemption, I got the money after 2 days withdrawal.



This post has been edited by engyr: Oct 11 2019, 06:00 PM

Guaranteed interest ??
if yes guaranteed without any specific value...then there is....
but if want to have a guaranteed returns rate like FD (FD returns are made known before buying) .....then ...even the money market funds are subjected to associated risk as specified in page 114
https://www.publicmutual.com.my/LinkClick.a...A%3d&portalid=0

hmm went to the midvalley exhibition yesterday, public mutual booth

the agent told me to invest intial RM1,000.00 with 5.5 % one time service charge

then minimum rm 100 per month
put into south east asian fund ?

then in future if want to sell or buy more, no service fees ?
after 10-20 years even if sell off everything also will not be taxed ? so good ?

sorry never invest in public mutual funds before doesnt really know whether it will be good investment or bad haha

filled up approval form where she took photo of my IC and asked me to sign on the column where i dont mind investing in higher risk market (number 5 in terms of risk with 1 being the lowest)
cos agent said wan help me get higher returns

This post has been edited by kueks: Oct 20 2019, 11:58 AM