Refinitiv Lipper Fund Awards 2021: Public Mutual biggest winner with 34 awards
https://www.theedgemarkets.com/article/publ...inner-34-awards

Legitimate wins, or tooting own horn (read: 'paid to win' awards)? 🤔🤔🤔

This post has been edited by DragonReine: Apr 19 2021, 08:25 PM

EPF i-Akaun investment wont be calculated into MGQP. Only investments using own money that doesn't come direct from EPF savings can qualify for MGQP, including buying through public mutual online.

Not sure about different situation if use Mutual Agent. I only used online, PMO direct investment get MGQP but not though EPF account online investment portal.

It's money market funds, of course you'll only get FD rates because those funds essentially invest in FDs

Asean Div fund is primarily invest in Asian banks Iike DBS, UOB, OCBC etc. which stock fell because of pandemic.

They're considered blue chip dividend stocks, however, so at least steady funds in long run.

If you want capital gains, a nice fund is Global Select, which invests in large technology and fintech based in USA (Apple, Microsoft, Visa, Mastercard etc.) and some well known brands (Chevron, McDonald's, Nike, Boeing etc.). If you rather trust in China/Asia, Public Islamic Asia Dividend fund holds Asian tech n communications stock like Samsung, Alibaba, Tencent etc. which also have high potential for growth.

Since you're young, assuming you're aiming for retirement savings at around age 50+, it's better to invest in more equities, provided you can stomach the volatility.

This post has been edited by DragonReine: Jun 26 2021, 02:22 AM

20% total or 20% per year? 20% total in 3 years is doable. 20% per annum, not so much.

if you want more than 10% per annum you're better off with something incredibly risky like bitcoin or p2p financing

20% p.a. is a tall order for mutual funds (and ETFs) because it's a basket of stocks, diversified stock buys like that usually have flatter growth. Anything 8% or higher annually is already considered "extremely good" for this kind of investment, which is why we experienced investors say that if you see things promising 10% per year it's usually a scam.

I like to tell friends that if they must absolutely invest in only one single fund and able to hold for 15+ years, Global Select has best prospects at the moment

Likely is some kind of MMF/bond fund

About 1.5% p.a. like that. No sales charges, minimum starting deposit only RM100.

It's money market, so it's not very high gains (about equal to average non-promo FD rates) but stable/secure with the benefit of being able to withdraw without losing the interest. Withdrawal time is usually next-business-day speed.

e-Cash Deposit Fund currently main promo is the PeCDF-ERA (Emergency Fund) that lets you earn MGP if you set PeCDF as your emergency reserve account via Public Mutual Online.

Use it if you want a short term place to park money. It's not meant to be a long term investment vehicle.

This post has been edited by DragonReine: Nov 15 2021, 04:51 PM

The actual amount needed to pay depends on the type of fund you're switching from, the type of fund you're switching to, and whether your units are loaded/non-loaded.

Please read the prospectus/product highlights of the fund you're switching from. All funds have slightly different methods of calculation. Otherwise it can be very costly as some funds have a high minimum switching fee regardless of units, loading, or the minimum days held.

This post has been edited by DragonReine: Nov 22 2021, 03:12 PM