just pure speculation,....
most probably there is no need to reduce lower since there is no indication of need yet as there are still strong demand for their products.

just like at times in FSM thread, there are postings asking why eunittrust can gives 0% SC while FSM does not.

Public mutual wants you to use utc service. With or without utc, sales charges is the same.
Their utc has good comission system.

Fsm or eunitrust is the platform designed for those who are willing to learn and planning to invest yourself. They don't need agent.

Not only PM, if you buy direct from fund houses such as Eastspring, principal, etc there will be some kind of sales charge for their UT agent. FSM/Unittrust platform is DIY, nobody cares how you invest.

Hi all, i'm new to public mutual and trying to manage some small fund for my mother. i notice that public mutual does not make it that easy to access their fund report if you dont hold the fund.

example i own Fund A. i want to switch to Fund B. i can't see what is the annual fund report for Fund B. can only see PHS. what website will be good source? i notice morningstar does have top holdings information from googling, wonder any other easier to refer source, like how eastspring, kenanga just publish it every month.

you can check the annual fund report from Public mutual online

or just message your unit trust consultant to send you the pdf file

Hi... Want to ask for PM joint account... Can only redeem to first holder's account? Can some1 post the full T&C for redemption? I cant seem to find it >.< tqvm

while waiting for value added responses,
i googled and found this....
https://www.publicmutualonline.com.my/Gener...EcommerceAP.pdf

look at the form structure and T&C note# 3.

looks like there is a place for details of joint a/c.

but you need to confirm with PMO to determine if the attached form is still valid for use or the joint a/c is still ok to use for redemption...

Hi all,

Seems to be not able to find answers via Google but why most initial investment must be made in 1k?

No idea but if were to venture a guess...its because of costs.
PMF SC is 5%, RM 1k initial investment gets RM 50 sales charge.
If someone start an account with only RM 10, sales charge rm 0.50 , its pretty much a waste of resources to attend to that.

Cost of running the fund itself

If you see some others are lower is because cost efficiencies, high liquidity and AUM size is large

I see...so it is about costing. But of late many e series just need a start up of RM100?

I think
E series funds can only buy from Internet your ownself... no utc service and other manual process needed.. Thus cost saved for the company but you will still need to pay ( i think) a sales charge of 3.75% compared to the utc assisted of 5.5% sc for non e series funds purchases.

This post has been edited by MUM: Nov 14 2021, 07:30 PM

Hi,

Anyone here has a Public e-Cash Deposit Fund? Just want to know what benefits/returns like. Thanks.

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

Thanks!

"Switching fee of up to RM50 will be imposed if units are switched out of the fund after 90 days from the date of purchase or switching of units into the fund."

If I want to switch fund, how do I know how much would they charge? What does up to RM50 means? Regardless of units?

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

Thanks.

I'm interested to invest in Public Mutual.. how can I find a good fund manager?

while waiting for responses,

i kay poh abit,...
may this be of some info to you... while you wait for responses

Helpful Tips for A Successful Unit Trust Investment
https://www.publicmutual.com.my/Menu/Learni...rust-Investment

Things That Every Unit Trust Investor Should Know
https://www.publicmutual.com.my/Menu/Learning-Hub