LOL. Fund prices just updated after posting above.... at 4.00pm - about 4 hours later than usual.

Hi Guys, I would like to ask some questions on this funds thingy as I'm not too familiar with it. Forgive me if the questions are stupid/silly.

Here's my scenario. I am currently having a monthly auto-debit charge of RM300 in my PBB savings account for Public Mutual's Strategic Bond Fund. I don't touch the funds invested at all. I have previously given full authority/discretion to the Unit Trust agent to invest in other good funds (if any) when the total investment gets bigger. But for now, his decision is to remain the funds invested in the Strategic Bond fund.

1. How do I compare and assess if the current yield is reasonable versus other comparable funds out there? (e.g compare Public Mutual versus Maybank on the Bond Fund performance)
Appropriate to compare using this website? https://www.imoney.my/unit-trust-investments

2. What are the odds for my fund having an erosion in its NAV? Has it ever happened before in MY?

3. Apart from reading the Weekly Market Review report and the Interim Performance reports, anything else to read-up on? Any software that shows the charts with indicators and drawing tools with regards to the historical NAV?

4. Based on the NAV amount versus cost of investment per unit, my return is 4.18%. Is this considered good or bad for a Malaysian Bond Fund (exclude comparison to FD)?

Thanks!

1. See Morningstar - http://my.morningstar.com/ap/quicktake/ret...tab=TotalReturn
PSTBF -
3 Years Annualised, 3.36%. Rank 15 of 37 funds in same category.

2. Bond funds can go down just like equity funds. Good example is the NAV price the past several days.
9/12/2015 PUBLIC STRATEGIC BOND FUND PSTBF 1.0638 -0.0005 -0.05%
http://www.publicmutual.com.my/application.../fundprice.aspx

3. See the performance chart - http://www.publicmutual.com.my/application...formancenw.aspx

4. See their ranking as in (1). Never, ever bother with the NAV price, how 'cheap' or 'pricey' it is do not matter. The only thing that counts is its performance growth.

You have the wrong idea what is expected of a UTC when you allow the UTC full discretion on how and when to buy any UT on your behalf. The service charge is just a small fee on highlighting to you what is the most appropriate fund that would serve your requirement, and will not commensurate the UTC to offer his time and services to any further advice like a full fledged financial advisor, who will charge some percentage on the total invested amount annually. And do not mistake this AUM fee (Asset under Management) with the annual trustee and management UT fee.

It is not wise of a UTC to do anything further for free, but get the blame and trouble with things go sour.

In some of my previous posts in this thread, most of the basics of UT, and the 3 different age groups were highlighted; do give them a read...

Bond funds may not be right for the younger investor who has a long investment objective like saving for retirement. Too conservative when he can take more risk...

Thank you very much for spending time to explain and showing the relevant links! Really appreciate it! Wasn't aware of all this tools and information being available

My UTC is an old guy. from what i gathered last time he does invest in US and China growth funds. But he told me he won't invest my funds into them since they are too little. He will only do something if I pump in like additional 30k to 100k funds. Honestly, I rather use those funds to invest in the stock market myself.

I started this UT on July 2013. Based on the overall information you have given to me.... seems like it is performing reasonably well. Will check out your earlier post and read up more to see what other opportunities can be further capitalised on.

Sifus, just wana clarify 1 thing on trust nomination. If I invest into public mutual unit trust through my EPF, do I still need to do trust nomination. I already put beneficiary in EPF. Not sure if I need to do trust nomination in public mutual. Any UTC here who can clarify this??

protimer, yes, the money you withdraw from KWSP is no longer with KWSP, therefore it is out of KWSP's control (in the sense of the nominations you put earlier with KWSP). Therefore Pmutual has this Trust Nomination for you to put in your beneficiaries. The beneficiaries you put in KWSP only applies to your money in KWSP, not in Pmutual.

http://www.publicmutual.com.my/CampaignsPr...onCampaign.aspx

Trust Nomination Campaign: 1 November 2015 - 31 January 2016

Benefits of Trust Nomination

- Beneficiaries receive investment proceeds within 21 working days*.
- Swift Distribution without Court Order
- Name up to 10 beneficiaries per Trust Nomination

Set Up a Trust Nomination Today!

- Only RM60 (inclusive of GST) to set up your Trust Nomination during Campaign Period

Hurry! Act Now! Distribute your investment to your loved ones with peace of mind.

Note: Trust Nomination for Mutual Gold / Mutual Gold Elite Investors is free of charge.

* Terms & Conditions apply

4 years ago I invested "PB Fixed Income Fund" & "PB Islamic Bond Fund". The returns are quite ok, and now my fund manager introduced me "PB Growth Fund". It seems risky a bit if I read the graph correctly. Currently the price goes down so he said it is a good time to move my fund into it.

Any thoughts on this PB Growth Fund (PBGF)?

while waiting for more value added responses...I googled and got this...hope it helps to provide some info...

Do's and Don'ts of Choosing a Unit Trust Fund
•Don't choose any unit trust fund just because its performance was good. Instead, make sure the fund meets your risk appetite and financial goals.
http://www.publicmutual.com.my/Resources/U...ns/Lesson7.aspx


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I remembered i put a beneficiary name when i filled up the form to buy public mutual UT.

Do i still need to do this trust nominations?

If you meant jointholder, then the jointholder will become the rightful owner of the units of the account in the event of first holder's demise.

If you meant the fund's insurance coverage (applicable to certain funds), then this only means that the names you appointed is the beneficiary of the insurance coverage (for eg. 50k coverage), he/she will be the beneficiary of the 50k, but not the owner of the fund account.

This trust nomination applies to those accounts which you do not have jointholder (for eg. EPF investments), or cash accounts (which you do not have jointholder for the particular fund acc). So in the vent of the first holder's demise, the trust nomination will deliver the proceeds of the fund account to the beneficiary according to this trust nomination. It can be revoked by re-submitting this trust nomination again, even if you have submitted before. In case if you wish to change the % or the beneficiaries.

Hate to say it, but it sounds like your guy is a bum. I don't think he's considered your position, and has decided to put you in the place most convenient for himself.

The fund returns just over FD rate, but still under 4%. Probably just enough to keep you quiet, not have to do any work, and take no risk of it underperforming. At the same time hoping that you'll pony up the RM50-100K to get his attention.

What a fk|ng @55h0|e.

You will probably get better advice on this forum for FREE, starting with me:
- get a new agent, or move to an online platform which cost less.

This post has been edited by lukenn: Dec 23 2015, 09:05 PM

Good info.. I will need to check again..

For EPF investment, isnt PM will sell the UT if the holder demise, and the money will go back to EPF. Then will be up to if the demise got elected beneficiaries in his/her EPF. The money will go to the beneficiarie(s)...

Nope, the money will not go back to EPF automatically because PM doesn't know the investor has passed away.

If the family approach PM, with Will + death cert + etc docs, in summary, the family need to wait for about a couple of weeks or months for grant of probate, then only the family can get the proceeds, not to forget some lawyer fees or etc charges along the way; if there is no Will, then the family will need to approach Amanah Raya Bhd, along with the necessary docs, then wait for court order, then only PM can disburse the proceeds to related family members accordingly, again, this can take upto months, or yrs, and with some lawyer fees & etc charges.

Thanks for the advice. It's helpful.

Finance is not my field so I didn't go so deep into the research, just read the graph and sectors that they are investing it. I understand that it performs better than market benchmark even during economy down time. Unlike PB Fixed Income fund, this Growth fund has higher risk as I saw in 2008 economy crisis it plummeted, now it has risen back tho.

Would appreciate if someone can comment on the overview of the fund, like if there's a better fund than this.

to be frank....I think most of the Equities Funds around the world are also affected in 2008....some had recovered aggressively and some had not.....
use the morning star tools to see their performance......
http://my.morningstar.com/ap/fundselect/results.aspx

but please take a note,....
"Don't choose any unit trust fund just because its performance was good. Instead, make sure the fund meets your risk appetite and financial goals"
"Those performance data are historical data....that means it may not reflects their possible future performance".
"What is "Better fund" now; May be the worst fund too the next year".

if you are interested in the PB/PM monthly funds review can get it from here
http://www.publicmutual.com.my/OurProducts...FundReview.aspx

"if there's a better fund than this"?......yes (and no) ...it depends on what you seek

btw,...I think you need to pay X% Sales charge when you switch from the current FI to Growth fund..have a thought about it.

This post has been edited by yklooi: Dec 24 2015, 10:19 AM


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Appreciated.

I'm planning to KIV first to see whether if the economy performs better in next year.

The PB series has only several local equity funds; PB Growth, PB Growth Sequel, and PB Islamic Equity. You may looked up the Performance chart and compare their performances for the past several years and rank them, but bear in mind that the better fund this year might not continue to be the better fund next year. Anyhow, I presonally prefer PB Islamic. (YTD returns of 6.34% vs benchmark -0.52%)

Actually Public Mutual (together with Public Bank) have a while bunch of Malaysia only equity funds....

Public Aggressive Growth
Public Dividend Select
Public Equity
Public Focus Select
Public Growth
Public Index
Public Industry
Public Optiamal Growth
Public Regular Savings
Public Savings
Public Sector Select
Public Select Alpha 30
Public SmallCap
Public Strategic SmallCap Fund
PB Growth
PB Growth Sequel
etc... etc ...


This post has been edited by lukenn: Dec 27 2015, 01:32 AM

Selling PM is it!