which equity fund you invest now?

1. Switching charge is the fee paid in switching from one fund to another.
Transfer charge, if not mistaken, is when you transfer the fund to another person, say your spouse when you truly wants to retire and allow another person to take over the portfoilo.

2. You can either open a new fund by purchasing or switching. Meaning you can do either first, wait 2 working days for the fund to appear in the system, then add more units (by purchasing or switching).

The switching charge you have copied and pasted were from investments done via I-Invest? The switching charges of 0.5% and 0.75% is very low. The usual sales charges for cash purchases is 5.5% for equity funds and 1.0% for bond funds. Bond fund is known as partial loaded, and when a bond fund is switched to an equity fund, the difference between 5.5% and 1.0% will be charged.

Below is the latest advice on the screen when you do switcing online.

Sales/Switching Charge (As a guide)
i. Switching of zero-load/low-load/1%-load units into equity/mixed asset/balanced funds will be subject to sales charge of up to 5.50% whilst switching of zero-load/low-load units into bond funds will be subject to sales charge of up to 1.00%.
ii. Switching of partial-load units (including E2 accounts opened through i-Invest) will be subject to a sales/switching charge of up to 0.50% or minimum RM50.
iii. For switching made within 90 days from date of purchase, switching of units from equity/mixed asset/balanced funds will be subject to switching charge of up to 0.75% or minimum RM50, whilst switching of units from bond funds (apart from that covered in item (i) and (ii) above) will be subject to switching charge of up to 0.25% or minimum RM50.
iv. For all other switching, you will be subject to switching charge of up to RM50.
Do you wish to proceed?

Please take note of (ii). I-Invest is from EPF I-Invest. It seems that if switching is done on funds bought via I-Invest, it will incur a switching fee of 0.5%. The sales charge in I-Invest is also 0.5%.

If the units is worth RM3000, then the switching fee is 3000 x 0.5% = RM15. The minimal fee of RM50 will be charged.

Just realise that the switching fee has changed from RM25 to RM50???

This is more reason not to do any switching if possible when you are building up a portfolio by regular puchases over many years. The switching charges will slowly add up in the long run.

Make a plan on what sectors/regions you want in the portfolio when it is completed, then purchase the funds systematically to the alloted percentages in the portfolio.

Only rebalance the portfolio by switching from one fund to another WHEN the portfolio has reached the targeted size or amount of money.

If the targeted amount is more than enough to earn you gold member status, then you will have unlimited free switches as a gold member.(As long as the fund is held more than 90 days. Otherwise, the switching charges as stated in above post still apply.)

Thank you very much your explanation on the switching/transfer charges. I invest in Public Mutual equity fund - PIEMOF. That picture was from the PIEMOF prospectus.

I wish to open a new fund.

1.Can i open a new fund under PMO Online without a consultant? Is it possible? The current fund I'm investing in has a consultant. Would it automatically take this consultant for the new fund I'm opening? If no, where does the commision for consultant go for the new fund I would be opening

2. Public vs PB funds. One thing I know is that PB funds doesn't have consultant. Anything else pros and cons between these two?

3. Which funds under Public Mutual would you be recommending now. Well it would be wise to invest in funds that are dealing with technology and healthcare. This year suppose to be the breakthrough for 5G, unfortunately Covid-19 landed.

4. Based on my observation, I'm attracted to these few funds but I can't make up my mind. Or is there better fund than these. Please advice.

a) PB GLOBAL TECHNOLOGY & HEALTHCARE FUND
b) PUBLIC TACTICAL ALLOCATION FUND
c) PUBLIC LIFESTYLE & TECHNOLOGY FUND

I also aimed for the PB Global Technology & Healthcare, it's up a lot for past few weeks but i still dare not to switch yet because worry there is another crash...

PUBLIC LIFESTYLE & TECHNOLOGY FUND this from 0.277 to 0.29 as of today. I was lucky enough to make extra investment in 0.28. highest was 0.2 last 2 month ago.

If u didnt pick ur current consultant then the com will revert bacl to company.

Campaign link: https://www.pbebank.com/Personal-Banking/Pr...atinum-Cre.aspx
T&C: https://www.pbebank.com/pdf/Promotions/tc_d...y-pbmutual.aspx
Form: https://www.pbebank.com/pdf/Promotions/form...y-pbmutual.aspx

how to calculated distribution each fund ? im new
how much i can get for distribution ?
if i invest Rm1000 unit price at 1.0012
distribution decalare 0.23
pls guide me

try this,...hope it can helps you.....
https://www.interpac-asset.com.my/understan...usts-dividends/

copied

https://www.investopedia.com/terms/d/distribution.asp

Unit Trust fund distributions consist of net capital gains made from the profitable sale of portfolio assets, along with dividend income and interest earned by those assets.

Let’s take an example:

You own 4000 units of a unit trust. On May 31st, before a distribution, the unit trust is valued at RM0.27 per unit. So, the total value of your investment is RM1,080.

Let say i distribution of RM0.01 per unit. So, you receive a distribution payment of RM40 (RM0.01 per unit multiplied by 4000 units owned).


A new unit price after distribution: In this case, RM0.27 – RM0.01 = RM0.26. Thus, the new unit price is RM0.26 per unit.

Next, we can calculate the number of units that distribution amount of RM40 would purchase at the new unit price, i.e., RM40 divided by RM0.26 per unit = 153.846 units. You can opt either to reinvest the units or redeem it for cash.

Before distribution
Number of units 4000 units
Unit price RM0.27
Value of investment RM1,080


After distribution (you choose to reinvest the distribution)
Number of units 4153.846 units
Unit price RM0.26
Value of investment RM1,080

However, if you choose to redeem it, you will receive a cheque or bank-in RM40. Your account will still have 4000 units, but at the new unit price of RM0.26, and your investment would now be valued at RM1040.

This post has been edited by Cyclopes: Apr 19 2020, 09:49 AM

May i know now is a good time to switch to Global equity fund?

I wonder if Public Mutual got affected badly from covid 19

Do you mean the company itself or the funds that they are managing?

tq tq . i saw the Public e-Cash Deposit Fund is Monthly distributions. but the offer every month 0.22 Gross Distribution (sen per unit) .so i have 4000 unit . so i receive Distribution 4000unit x 0.22Gross Distribution (sen per unit) =Rm880.00 . im correct ? https://www.publicmutual.com.my/LinkClick.a...M%3d&portalid=0

if i am not mistaken, for these cash fund....the historical annual dividend rate is about 3.x% pa.
thus per month is "about" 0.25%~ 0.27% + -

if you have RM10000 x 0.25%pm = RM25 per month

if your calculation is some where there it should be correct.

(figures are approximate only)

This post has been edited by MUM: Apr 19 2020, 10:56 PM

yup . i chk my own calculation . its correct? becouse i saw its the distributions very good on monthly...

I'm sorry and correct me if I'm wrong.

4000 units x 0.22 sen per unit = 880 sen = RM 8.80 right?

i not sure . but normall the distributions show 0.22 not 0.022

But the unit is 0.22 sen per unit
Not RM 0.22 per unit

This post has been edited by GrumpyNooby: Apr 19 2020, 11:14 PM

how much RM value do you invested in that fund?