Since I'm the PM hater here, let me be the bad guy la

Yes, I've been advocating for my friends to sell especially with EPF withdrawal since EPF pays better dividends

But being a responsible forumer, I'd also advise to
1. Consider switching to better performance funds (as far as I know the 2 funds giving >7% 5-year annualised returns is Small Cap fund and Islamic Opportunities, but I think they are not available for purchase at the moment)
2. Give your agent a chance to make it up to you for the money lost over the years
3. After you sell the PM funds, consider to use FSM to buy funds from other asset management companies that earn you up to 25% per annum on a 5 year annualised basis

Give la constructive feedback, boss

This post has been edited by dasecret: Sep 23 2016, 03:14 PM

The constructive feedback is to ask that forum member to CALL and TEMBAK his agent instead of ranting here.

Same thing applies to people who refuses to call his bank customer service officer but ask questions here.

oklor.... but his method too subtle then, I didn't get the message pun. Mine also too subtle, yours

u got that right... cos i've a feeling that he's just selling what he's been told to sell..
but yeah.. i like the way you comment, like what you did in the fsm thread.. straight to the point


haha... i don't mind aggressive feedback since it hits the spot anyway..
it's a discussion forum anyway
mind my ignorance sometimes, i'm just not that good at reading investment stuffs
i'd probably just call him up and ask him to fix the mess, don't plan to withdraw anymore from epf till it's fixed.
i've put in some extra savings into FSM as well. been reading what you guys discussing and what xuzen has recommended too.

but hey... thanks man


Point taken

He took his commission for BOTH selling and after-sales service. Make full use of him.

Hope you don't mind that I deleted the list of funds that you were having - seems like glaring and dazzling my eyes too much.

Giving the returns on each fund does not tell us anything on the fund performance. It is only telling us how is the investor's returns since the time you bought them.

To know which fund is better - we will have to look deeper into more info and past history of the funds, unless we were intimate with the funds and can readily regurgitate out the facts.

This research you can do on your own by using this online performance chart - http://www.publicmutual.com.my/application...formancenw.aspx

You will also have to bear in mind that not all the funds available are inside the EPF-approved scheme if you are screening which funds to add.

I am not too sure that EPF can do better every year... some of the bond funds are 'hot' this year and expected to grow about 6 to 9%.

FYI, I had started an EPF portfolio of funds about 3 years ago - just to test how I would perform... the portfolio's current ROI is about 14% and its IRR is about 3.5%. Mind you, this is inclusive of the upfront 3% service charge, so the portfolio is pretty decent compared to EPF's 3-yr rate of 6.5%. Will I improved the portfolio's returns - who knows? This is what 'investment' and taking risk is all about...

Cheers.

This post has been edited by j.passing.by: Sep 23 2016, 04:35 PM

Oi, fees are to be taken into account when assessing whether it's worthwhile to invest, mana boleh kau exclude fees!

It is a one-time upfront fee. If my investment term is 20-yrs, the proper manner is to gradually include it yearly bit by bit (or using the accounting term "amortization"), like 0.15%. So the current 3.5% is actually closed to 6% in performance growth.

This is the same investment concept to look into when considering whether it is worthwhile to 'buy in' when there is a upfront sales discount over the usual 'buy in' in normal times.

It is also the same investment concept to "amortise" the upfront tax rebate on PRS, whether it is worthwhile to have PRS fund over a normal UT fund.

The % beside the fund name is ur return on each funds? It doesn't look like making loses or just slight gain of 0.46%. If that is the return after the service charge then it is not as bad as u thought, just that your money more likely to grow faster if let it remain in EPF account.

he did mentioned " for the past 4-5 years"

But after 4-5 years with max return 0.46% can get total return up to 21%? That probably have mixed up with something else.

Those are the fund allocation percentage in his portfolio

amended
OOPs...

This post has been edited by T231H: Sep 24 2016, 09:56 AM

Thanks. lol

I have only left 1 single account still under my monitoring, previously use to be part time UTC.

As of 17/03/14, valued at RM 24,571.75

As of 22/09/16, valued at RM 30,969.52

Under the ex utc monitoring was kinda upset the account owner, because the initial cash up front was RM 32,218.48, and it was invested for at least 7-8 years.

This post has been edited by kradun: Sep 24 2016, 11:41 AM

RM 24.5k grown to RM 31k in 30mths period (two and half year) is 9.45% p.a. CAGR.

Congratulations! You have beaten KWSP & ASX!

Add up the earlier 7-8years almost about 10 years.. still lose money.. lol

Let me quote Wise Master Oogway from Kung Fu Panda 1, "Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the present"

Friend, live in the moment, do not dwell or be obsessed with the past. Change what can be changed, do not worry about that which cannot be changed.

Xuzen

This post has been edited by xuzen: Sep 24 2016, 02:09 PM

i'll look into those bond funds... i did notice some are good cos i switched small amounts from EQ to bond on my own.. growth are much better compared to the EQ i have.. pretty stable growth i would say..

hehe.. yeah.. that's my fund allocation.. my bad, didn't mention it earlier..

if initial cash upfront is RM32,218.48 AND NOW only value RM30,969.52 as from 22/09/2016
somemore 7 to 8 years lagi....

Losing right?