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Public Mutual Funds, version 0.0
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batman1172
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Jan 19 2024, 03:11 PM
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QUOTE(mowlous @ Jan 18 2024, 10:14 PM) Hi sifus ....... I got a small PM funds last time invest with angpow money long time ago. To cut it short, its a small pocket of funds I didn't use for a long time, so like two years back or so my agent (more like my mom's agent) intro us to switch the investment to some china base investment that is under PM of some sort, we switch, but recently check with agent the funds growth are pityful ...... like RM91 bucks for a roughly 6k+ funds. I wanna know is it wise to sit those small funds there and don't bother? Or waste time to keep there and just take them out to put somewhere else? I'm a total noob at this and the only investment I pump is asnb. This seems like not worth holding to pray for a miricle to happen. Not bad return for China fund when most others are in red.
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creations
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Mar 6 2024, 12:58 AM
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Getting Started

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Hi all,
Just want to seek advice whether I should stop DDA to china titan fund, and maintain my fund within the account to let it grow without investing into it every month.
Managed to dig my fund accounts over 16 years and found and found that it doesn't seem giving profit much (worse than promotional fixed deposit offered), and I have lost contact of my UT who serves my fund account.
Any advice would be appreciated.
Thanks.
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MUM
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Mar 6 2024, 01:07 AM
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QUOTE(creations @ Mar 6 2024, 12:58 AM) Hi all, Just want to seek advice whether I should stop DDA to china titan fund, and maintain my fund within the account to let it grow without investing into it every month. Managed to dig my fund accounts over 16 years and found and found that it doesn't seem giving profit much (worse than promotional fixed deposit offered), and I have lost contact of my UT who serves my fund account. Any advice would be appreciated. Thanks. Not a qualified investment comment. Just that, generally most would hv a diversified portfolio. If you had been adding into only that China focus fund every month for a number of years, then your portfolio can be heavily lopsided which most would consider that as not ideal. Also try look for other platforms that offers much lower sales charges than your current PM. The amount saved could be significant over the long terms
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ronnie
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Mar 6 2024, 12:06 PM
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QUOTE(creations @ Mar 6 2024, 12:58 AM) Hi all, Just want to seek advice whether I should stop DDA to china titan fund, and maintain my fund within the account to let it grow without investing into it every month. Managed to dig my fund accounts over 16 years and found and found that it doesn't seem giving profit much (worse than promotional fixed deposit offered), and I have lost contact of my UT who serves my fund account. Any advice would be appreciated. Thanks. just keep it there till CHINA comes back big and strong later in a few years Unit trust is never a good investment vehicle.... it takes 3 steps forward, 4 steps backward
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togekiss
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Mar 7 2024, 09:21 AM
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i wonder what's the management fees charged by public mutual funds so far. had a friend who took out from EPF to put into public mutual funds, but he said if left with EPF, it would have earned more dividend.
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MUM
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Mar 7 2024, 10:31 AM
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QUOTE(togekiss @ Mar 7 2024, 09:21 AM) i wonder what's the management fees charged by public mutual funds so far. had a friend who took out from EPF to put into public mutual funds, but he said if left with EPF, it would have earned more dividend. Depending on the fund....Best is to check the prospectus of that particular fund it self
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ronnie
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Mar 7 2024, 12:39 PM
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QUOTE(togekiss @ Mar 7 2024, 09:21 AM) i wonder what's the management fees charged by public mutual funds so far. had a friend who took out from EPF to put into public mutual funds, but he said if left with EPF, it would have earned more dividend. too late for your friend.... but we should use this to "teach others" not to fall for agent's sweet talk. Ask the sales agent if he/she invested his/her EPF in the Mutual fund he/she recommends.
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CommodoreAmiga
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Mar 7 2024, 03:59 PM
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QUOTE(togekiss @ Mar 7 2024, 09:21 AM) i wonder what's the management fees charged by public mutual funds so far. had a friend who took out from EPF to put into public mutual funds, but he said if left with EPF, it would have earned more dividend. Same here. Already took back PB Mutual fund into EPF few years back. Tell my PB Mutual agent to fark off (distant relative).
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togekiss
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Mar 8 2024, 09:28 AM
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QUOTE(CommodoreAmiga @ Mar 7 2024, 03:59 PM) Same here. Already took back PB Mutual fund into EPF few years back. Tell my PB Mutual agent to fark off (distant relative).  thanks for sharing.
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tehoice
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Mar 8 2024, 10:18 AM
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QUOTE(ronnie @ Mar 7 2024, 12:39 PM) Ask the sales agent if he/she invested his/her EPF in the Mutual fund he/she recommends. the answer is always yes.... also same goes to property investment, when you ask if you have also invested? a lot of them would say yes (in my experience).
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ronnie
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Mar 8 2024, 10:25 AM
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QUOTE(tehoice @ Mar 8 2024, 10:18 AM) the answer is always yes.... also same goes to property investment, when you ask if you have also invested? a lot of them would say yes (in my experience). Talk only no use, ask them to logon to Public Mutual Online and show lo.... if you believe every sales agent says. you will be scam for sure.
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ozak
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Mar 8 2024, 11:57 AM
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QUOTE(CommodoreAmiga @ Mar 7 2024, 03:59 PM) Same here. Already took back PB Mutual fund into EPF few years back. Tell my PB Mutual agent to fark off (distant relative). My mom don't no anything cincai buy some MF from PB for my sis. (Some relative also) When I took over and checked, 1/2 the money was gone. More than 10yrs of investment. Take out everything and close the acc. Now I invest for her and slowly gain back some loss.
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dark_axl21
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Mar 8 2024, 11:59 AM
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QUOTE(ozak @ Mar 8 2024, 11:57 AM) My mom don't no anything cincai buy some MF from PB for my sis. (Some relative also) When I took over and checked, 1/2 the money was gone. More than 10yrs of investment. Take out everything and close the acc. Now I invest for her and slowly gain back some loss. 10 years and 50% losses? Ouch. 5% loss each year.
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DoomHammer
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Mar 8 2024, 12:01 PM
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Getting Started

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Hi everyone.. I am a long time investor in Public Mutual since 2007.
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ronnie
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Mar 8 2024, 12:20 PM
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QUOTE(ozak @ Mar 8 2024, 11:57 AM) My mom don't no anything cincai buy some MF from PB for my sis. (Some relative also) When I took over and checked, 1/2 the money was gone. More than 10yrs of investment. Take out everything and close the acc. Now I invest for her and slowly gain back some loss. what is the fund name she invested in ? better warn other people.
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ronnie
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Mar 8 2024, 12:20 PM
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QUOTE(DoomHammer @ Mar 8 2024, 12:01 PM) Hi everyone.. I am a long time investor in Public Mutual since 2007. how much have you "profited" ?
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ozak
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Mar 8 2024, 12:22 PM
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QUOTE(dark_axl21 @ Mar 8 2024, 11:59 AM) 10 years and 50% losses? Ouch. 5% loss each year. Ya. Don't simply invest in MF. Know what you buy. It is better to invest in ETF yourself. No need for such MF.
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ozak
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Mar 8 2024, 12:23 PM
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QUOTE(ronnie @ Mar 8 2024, 12:20 PM) what is the fund name she invested in ? better warn other people. Don't remember. Doc at my home.
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ronnie
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Mar 8 2024, 12:25 PM
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QUOTE(ozak @ Mar 8 2024, 12:22 PM) Ya. Don't simply invest in MF. Know what you buy. It is better to invest in ETF yourself. No need for such MF. or even lazy put in EPF
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ozak
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Mar 8 2024, 12:39 PM
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QUOTE(ronnie @ Mar 8 2024, 12:25 PM) No EPF. It is a cash buy.
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