Nah it's just average

Some info taken from this month's Public Mutual magazine.

1-yr returns (in %) as at 31/12/2019 for some selected funds at the top:

PUBLIC LIFESTYLE & TECHNOLOGY FUND 32.91%
PUBLIC ISLAMIC GLOBAL EQUITY FUND 24.86%
PB ISLAMIC SMALLCAP FUND 23.85%
PUBLIC GLOBAL SELECT FUND 21.30%
PB CHINA PACIFIC EQUITY FUND 20.93%
PB ISLAMIC DYNAMIC ALLOCATION FUND 20.73%
PUBLIC CHINA SELECT FUND 20.36%
PB GLOBAL EQUITY FUND 20.04%
PUBLIC ASIA ITTIKAL FUND 19.94%
PUBLIC GREATER CHINA FUND 19.91%
PUBLIC WORLDWIDE EQUITY FUND18.72%
PUBLIC ISLAMIC ASIA LEADERS EQUITY FUND 18.40%
PB EURO PACIFIC EQUITY FUND 17.40%

Last year was a good year for equities. The funds' performance were accordingly to their respective benchmarks.

EPF dividends update:

Annual Dividends:
2008 4.50%
2009 5.65%
2010 5.80%
2011 6.00%
2012 6.15%
2013 6.35%
2014 6.75%
2015 6.40%
2016 5.70%
2017 6.90%
2018 6.15%
2019 5.45%

10-yrs Annualised Returns:
2008 5.18%
2009 5.06%
2010 5.04%
2011 5.14%
2012 5.33%
2013 5.51%
2014 5.71%
2015 5.85%
2016 5.91%
2017 6.02%
2018 6.18%
2019 6.16%

Though last year was a good year for equities funds, the returns were recovering from their negative returns in 2018... below are the funds (out of many funds) that match or better EPF's total returns over the past 10 years...

PUBLIC ISLAMIC DIVIDEND FUND
PUBLIC SMALLCAP FUND (closed to new investments)
PUBLIC ISLAMIC OPPORTUNITIES FUND (closed to new investments)
PUBLIC ISLAMIC SELECT TREASURES FUND
PUBLIC ASIA ITTIKAL FUND
PUBLIC ISLAMIC ASIA DIVIDEND FUND
PUBLIC SOUTH-EAST ASIA SELECT FUND
PB ASEAN DIVIDEND SEQUEL FUND
PUBLIC GLOBAL SELECT FUND
PUBLIC FAR-EAST PROPERTY & RESORTS FUND
PB ASIA REAL ESTATE INCOME FUND

(Some other funds were launched less than 10 years ago, and don't have 10-yrs data.)

In the previous year (2019), bond funds were doing better, from 5.81% to 7.91%.
(PB AIMAN SUKUK FUND 9% is excluded as it is closed to new investments.)

Bond funds are still giving good returns over last month and this month... about 2.5% YTD.

If I had a big lump sum and would like to invest for 5 years or more in reliable(low risk) funds, with returns around 5%, are bond funds okay?

Any suggestion of what bond funds from Public Mutual?

Thanks!

This post has been edited by hsyong: Mar 11 2020, 06:52 PM

Hi All,

Need some quick views,

My PM agent has recommended to invest in "public islamic infrastructure bond fund". I was told it has potential to gain more this year.
Investment money will be taken out of EPF, wondering if it's a mistake. Planning about 35K invest. Any views are welcomed.




This post has been edited by gsdev: Mar 11 2020, 05:57 PM

Epf rate is abt 5.5%....+ what is the sales charge for that bond fund?.... Do consider before using Epf money for investment

It says up to 1%



EPF has very good info online too.






This post has been edited by gsdev: Mar 11 2020, 06:30 PM

I'm holding 4 bond funds:
Public Sukuk and PB Sukuk
Public Islamic Infrastructure and PB Infrastructure.

All giving similar returns... the infrastructure bond funds slightly better.

You should try purchasing online from EPF i-invest. No need agent and lower service charge.

based on past performance of this fund annual performance since inception vs the EPF rate...
do take note of "PAST PERFORMANCE OF THE FUND IS NOT AN INDICATION OF FUTURE PERFORMANCE AND INCOME DISTRIBUTIONS ARE NOT GUARANTEED."

the chance/probability of this fund beating the EPF rate?

This post has been edited by T231H: Mar 11 2020, 07:43 PM


Attached thumbnail(s)

Are the returns shown on the PM website or their product highlights PDF documents already minus the about 1% Management Fee+Trustee Fee?

For example, for PSKF it shows:
Annual Total Return for the Financial Years Ended 31 August
2012 (5.05%), 2013 (2.39%)...2019 (8.77%)

Those figures already minus the annual fees? Same question for the screenshots of annual returns posted here by users, like the posts above, already minus the annual fees?

Thanks!

This post has been edited by hsyong: Mar 11 2020, 08:13 PM

All unit trust funds are listed at Net Asset Value (NAV), after all cost and expenses including annual fees are deducted.

Yes. The nav reflected is value after deduct annual management fee, trustee fee. Sales charge is not deducted. You need to consider less 5.5%earning for equity funds, less 1% earning for bond funds.

Sales charge is one time only right? That means deduct sales charge only for the first year's returns.

Yes, all the yearly fees and operational cost of the fund are included into the daily price.

The returns are the difference of its value in each calendar year. This is the fund's returns.

For the investor, we need to take into account the initial service charge paid.

Thank you!!

The sales charge or service charge is only one time.

If you hold the fund several years, you 'amortized' it over several years.

Ah, yes, that's a good way of putting it.

When I register PMO I have to fill in Fund Account No. I see on my Quartetly Statement, every fund has its own account number. (I have P BOND, P SUKUK, P ASIA ITTIKAL, P SELECT BOND etc, and each has a different account number)

So, which Fund Account No. do I put in when I register PMO? Or I have to register for every fund?

Thanks.

This post has been edited by hsyong: Mar 11 2020, 11:37 PM

Any one would do, as it is for verification.

Within PMO, you will see all the funds and their account numbers, and the total value of your portfolio of funds.

Yes, it charge once.
If you invest 1 year in equity fund, if the fund earns 10%, you earn 4.5% only. If the fund lost 10%, you will loss 15.5%.

If you invest 10 years, if the fund earn 60% over 10 years, ypu earn 54.5%, which is 5.45%p.a, not 6%. If the fund earn 30% over 10 years, you earn 24.5%, which is 2.45% p.a, not 3%.