while waiting for simpler and more value added responses
hope this can explains it....
got that from...
http://www.publicmutual.com.my/LinkClick.a...M0%3d&tabid=105


Attached thumbnail(s)

Thanks for the quick response. So if I repurchase at 8 pm February 18, 2016, repurchasing price is the 17/2/16 price coz that is valuation point at that time?

I think, if you sell on 18/2 at 8pm.....
the price valuation of 19/2 (to see how the markets performs) applies.

I got this from another sites....(I think it may applies to PM funds too.....)
Q: When will I know about the price I get?

A: Most of the unit trusts in Malaysia are priced based on "forward pricing". This means that if you transact today, you will get the fund’s value as of the closing price of the market today. However, you will know the price in two working days
The price that you could see in the website is the so-called 'indicative price'. This is usually the price of the fund two working days ago. This indicative price is NOT the actual transaction price of the fund that you are buying or selling.

Generally, the fund manager requires approximately two business days to consolidate and derive a unit price for the funds. These prices are further valued independently by the fund's trustees. Therefore, the dealing price will be made known to the public two business days after the transaction date. Once we obtained the price, an email notification will be sent to you.

I see. That means when we sell, we actually won't know the exact sale price.

Yes, "forward pricing" means that the price (whether buying or selling) is only known at the end of each business day, and the price will only be published the next day. In other words, what we see today is yesterday's NAV price. (Some local funds will be updated sooner at about 7.00pm, hence you will see a mixture of 17/2 & 18/2 prices at the moment.)

If you want to either buy or sell, the cut-off time is 4.00pm via PMO (Public Mutual Online) or over the counter at the branches. If after 4.00pm the purchase/repurchase order will be the following day's price.

So if you place a repurchase order from now till 4.00pm tomorrow, it will be based on tomorrow's price (Friday) which will only be known on Monday. The order will be processed soonest possible on Monday, and the money release to you after several days, within 2 working days if you've gold status.

Now I get a much clearer picture. Thank you very much

According to the fund performance chart, BM for PDSF: total returns from 17 May 2005 to 18 Feb 2016 = 93.96%
What is BM?

Benchmark

Thank you
I was cracking my head trying to figure out what that means

Sorry wrong thread

This post has been edited by lifebalance: Feb 20 2016, 09:20 PM

Noted there were 2 new notices in the PM website:

Notice of Unitholders' Meeting for Public Natural Resources Equity Fund
(15 February, 2016)

Notice of Unitholders' Meeting for Public Focus Select Fund
(15 February, 2016)

http://www.publicmutual.com.my/WhatsNew/An...ementsNews.aspx

Both funds seeking "to consider and, if thought fit, approve the proposed amendments and modifications relating to the Investment Objective, Investment Policy and Inveatment Strategy..."

The meetings will be at 9:30am and 2:30pm, respectively, on 29th Feb...

Would be interesting to know why the changes are necessary.

So EPF had recently released the dividend for 2015.

Here's the dividends for the past 10 years:
2006 5.15%
2007 5.80%
2008 4.50%
2009 5.65%
2010 5.80%
2011 6.00%
2012 6.15%
2013 6.35%
2014 6.75%
2015 6.40%

3-yr total returns 20.79%, annualised (CAGR) 6.50%
5-yr total returns 35.92%, annualised (CAGR) 6.33%
10-yr total returns 76.62%, annualised (CAGR) 5.85%

edited: Total returns (which should been compounded) and CAGR corrected.

---------------------

An UT investor's 2 cents opinion.

No risk, no reward; the higher the risk, the higher higher reward.

Young investors into UT, from age 25 to 45, should take on higher risk by having small-mid cap equity funds. So far in this thread, I had not touched on having a balanced and diversified portfolio (and hardly on balacing between categories of funds), especially if the investments were for the longer term and for retirement.

And the invested money was savings (from regular income), and a part of other savings such as money laid aside for unforseenable situations either in saving accounts or fixed deposits. And most of us are either in the EPF or pension schemes.

Hence there is already a sort of a 'balanced portfolio' if we pooled and viewed our money in UT, savings, FD and EPF entirely as a group of liquid asset.

If you are among the young investors who are just starting or still accumulating savings in UT, I don't think one should be too overly concern with 'balancing', 'diversification', or 'correlation' between funds. Just begin small - with some savings and do it on a regular monthly or quarterly basis. And go for the small-mid cap funds.

Cheers. Think first, then invest.

-----------------------

Alert.

When comparing funds to their benchmarks, please beware that some funds might be misusing its benchmark which is a misleading index, for example the fund invested heavily in small-cap equities and its benchmark is the KLCI index, which is the largest 30 companies in the bursa.

Higher risk, higer rewards. If the fund is having exceptionally higher returns in the mid teens and above, there is little doubt that it is a small-mid cap fund, and maybe even into the fledgling stocks too.

If you are among the older investors looking for a balanced porfolio of funds, maybe it is better to look into the past 10-yr returns too, than solely looking at the fund's indicative category or benchmark; or you might be having a higher risk and higher volatite portfolio than you might like to have.

This post has been edited by j.passing.by: Feb 28 2016, 06:36 PM

I beg to differ
Assume opening bal on 1/1/2013 is RM10,000, total amt @ 31/12/2015 is RM12,079.45
Thus, CAGR is 6.4999%

You are right. Above post & figures corrected.

Hi Guys, need your comment about below funds as I'm going to purchase some funds. My fren is selling PBM but I still need third party comments. Just looking on small cap fund.

Public smallcap fund
Public Focus Select fund
Public strategic small cap fund
Public Islamic Opportunities fund
Public Islamic select treasure fund
Public Islamic treasure growth fund

How do you want to choose between these fund? All these look similar to me, so I choose which name i like?

Thanks all for your opinion.

I bet the agent-friend will show the performance of Smallcap fund with a 10-yr growth of 333.37% (as at 31/12/2015) to entice the prospect... and then said it is closed to new investment!

There are only 3 funds still open - PSSCF, PITGF and a new fund, Public Select Treasures Equity Fund.

Of the 3 options, I would select the newer fund to save the headache of checking which fund has the better track record. New fund, no track record, no need to check!

The Focus Select fund is having a unitholder's meeting today... recent performance seems to be going downhill when compared to other funds.

You are right!
Friend was showing that PSSCF is clone of smallcap fund, persuading me to purchase this. But there is no track record which makes the risk seems even higher.
I saw back previous post here and seems like public mutual fund growth is declining...

Regarding track records, we have to bear in mind that whatever happen in the past had past us, and past records is only an indication of how a fund would perform in future.

If the fund is compared to other funds in the same category, and it being the better or best fund among its peers, does not means that it will perform better in future...

If the older fund is closed and we are introduce to a newer fund, what we can reasonably expect is that the fund company will have a consistent investment policy and strategy, and will apply them to the newer fund.

For a 1st time investor into UT, I would suggest that we think about the objective (of the investment) first, then consider which fund company suits us, and lastly the UT fund.

Cheers. Think first, then invest.

PS. The investment objective must be clear... and it is not a mere thought of wanting the highest returns in the shortest time!

Any idea where to find history of launch price of Public Mutual funds?

may I know what do you want that for?