If u refer to Dividend, there is no difference to your investment value b4 n after Kenanga declared Dividend

Haha..my bad..yes, it should be distribution. Thanks for the enlightenment

We must be too bored to entertain every last agent that come cari makan in UT threads
Sad thing is, so many of them out there

it's a "fun" past time

this one no fun though - right on the onset, already shot self in foot liao.
no "play", no "giving longer rope to..", etc. sigh.

Maybe we should maintain a scoreboard of agents; one for UT and one for insurance to 'encourage competition'

Seriously too bored la me

Dont be too harsh, 'Junior'

Public Mutual launches Public Strategic Balanced Fund
http://www.thestar.com.my/business/busines...-balanced-fund/

keep on launching new funds eventho some are still at loss

This post has been edited by nexona88: Jun 9 2016, 05:50 PM

the more funds under mgmt...the more mgmt fees there is.....

looks like more on new fund 'cover" old fund losses

The sales team need to cari makan la, show people fund returns of the loss making funds who will buy

Need new funds with 'new strategies' then sell 'hope' to the customers that this will be better than the last fund lor
But honestly.... damn sien looking at the performance

best part still have a lot of water fish to fall into the trap

Can anyone recommend me some very good agents who have a variety of mutual fund schemes that can suit different type of risk appetites?

I have RM100k in savings by the way.

I can only say - not public mutual!!!!

Why not? Any bad things you have encountered with?

for a start...PM sales charges is 2x higher than other....

haha just roll 8k into public mutual 4 the fun of it before i used them all 4 branded shit like LV and shit like that sign up with old menengah school class mate cum the agent did so after 1 year of playing FD of 3.2% monthly and got bosan with the return after a while haha dang

its capitalism investment after all big risk big return vice versa

haha sokong always

haha all the best mang

On top of the high sales charge, the returns for their funds are bad across the board. Why do I say that?

I compare the available funds in Msia for each segment and non of the segment where Public Mutual emerge as the high performer, at least for 1-3 years returns; they used to be better, so some of the 5 - 10 years results still look decent but definitely not the highest

So when I look at the portfolio and try to switch to better performing funds, I have a tough time doing so, because no matter how I switch it still sucks
This is coming from personal experience, I switched some funds last year to foreign equities from local equities. Now I compare the results between after switching and if I remained status quo, both also abang adik jer. And for the past 18 months, the returns is about -9% IRR

This is a stark comparison against the portfolio I maintained in fundsupermart where even at the worst time I made about -4% IRR; and at the moment it's 2.5% IRR. To be fair the FSM portfolio is more balanced with substantial allocation in bonds... but comparing individual funds by category PM also lost big time. And there's no sales charge or switching charge for the PM funds; imagine if you start off 5% lower... even worse lor

I'm waiting for the PM agents to come assassinate me

Wonder why PM still attract a lot of investor. Coz of their reputation or sweet talking agent