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 Public Mutual Funds, version 0.0

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kradun
post Sep 26 2016, 06:30 PM

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QUOTE(KonKam @ Sep 26 2016, 02:41 PM)
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?
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Yes. Just start earn back part of 5.5% service charge..
KonKam
post Sep 27 2016, 08:28 AM

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QUOTE(kradun @ Sep 26 2016, 06:30 PM)
Yes. Just start earn back part of 5.5% service charge..
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like that better put in EPF lo.
imagine those interest for 7 to 8 years from EPF dividend

Kaka23
post Sep 27 2016, 08:36 AM

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QUOTE(kradun @ Sep 24 2016, 11:41 AM)
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.
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Which PM fund is this?
kradun
post Sep 27 2016, 01:45 PM

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QUOTE(Kaka23 @ Sep 27 2016, 08:36 AM)
Which PM fund is this?
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Now heavy weight on PWEF and balance in PMMF.
wil-i-am
post Sep 27 2016, 11:05 PM

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QUOTE(KonKam @ Sep 27 2016, 08:28 AM)
like that better put in EPF lo.
imagine those interest for 7 to 8 years from EPF dividend
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Dun forget compounding effect
KonKam
post Sep 28 2016, 08:01 AM

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QUOTE(wil-i-am @ Sep 27 2016, 11:05 PM)
Dun forget compounding effect
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you right.
compounding effect.
time to move back to EPF
SUSPink Spider
post Sep 28 2016, 09:01 AM

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QUOTE(wil-i-am @ Sep 27 2016, 11:05 PM)
Dun forget compounding effect
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I expect a better quality reply from u.
wkphang
post Sep 29 2016, 02:14 AM

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QUOTE(j.passing.by @ Sep 23 2016, 04:59 AM)
Short answer: it is the same 5.5% service charge if you do it online.

Unlike FSM who started its business as an online platform, PM is among the oldest UT company and it grew larger with the aid of its large independent salesforce - the UTCs or sales agents.

I think it will be hard for the company to undercut its UTCs without some sort of agreement and compensation. Similar to putting in robotics and machineries into a factory to replace manual labour and simply sacking the workers without retrenching them with retrenchment benefits.

Before you can register to the online PMO service, you must be a client first - meaning you must sign up with an UTC, who will go through with you a set of forms - which is basically to get your acknowlegement that you fully understood what you are about to invest into ie. can't complain later that the company or its UTC 'cheats' you if you lose money.  smile.gif

Within PMO, the service charge will be the same 5.5%. There is also an option to link a new purchase to the UTC, and you can also select 'no agent', whereby (if I am not mistaken) the service charge will then go directly to the company.

Select "No Agent" if you wanted to convey the message that selling mutual funds is a sunset industry, and to hasten its natural death. Hopefully, you would then get some discounts on the service charge before you grew old and retired.    tongue.gif
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thank you for the answer:)



nexona88
post Sep 30 2016, 04:56 PM

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Public Mutual declares RM20m distribution for 3 funds


Public Singapore Equity Fund - 1.25 sen per unit

Public Enterprises Bond Fund - 4.25 sen per unit

PB Global Equity Fund - 1 sen per unit
TSj.passing.by
post Sep 30 2016, 05:30 PM

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How important is Income Distribution:

1. Nil, if the distribution option is set to 're-invest'. It only has some meaning to investors who set it 'payout' and these investors would be in the retired, passive group who is depending on the distribution income as a source of income.

2. Not really that important, but investors still need to update their units held and add in the extra distributed units. (There was a past story of an investor who complaint that his fund was not doing well... as he was still using his initial units bought years ago and multiply that with the current NAV price. smile.gif )

3. Good for marketing reasons... PM does the income distribution like clockwork, no surprises, always on the last trading day of the month, and the press release always end with the last sentence stating the total fund size being managed by them.

It is also good marketing to conveniently not state that there are at least 5 funds (with same financial year-end) not giving income distributions. biggrin.gif

===============

okay, it is important to those who still think that the extra distributed units adds 'value' to the the fund. laugh.gif


kradun
post Sep 30 2016, 06:25 PM

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QUOTE(j.passing.by @ Sep 30 2016, 05:30 PM)
How important is Income Distribution:

1. Nil, if the distribution option is set to 're-invest'. It only has some meaning to investors who set it 'payout' and these investors would be in the retired, passive group who is depending on the distribution income as a source of income.

2. Not really that important, but investors still need to update their units held and add in the extra distributed units. (There was a past story of an investor who complaint that his fund was not doing well... as he was still using his initial units bought years ago and multiply that with the current NAV price.  smile.gif )

3. Good for marketing reasons... PM does the income distribution like clockwork, no surprises, always on the last trading day of the month, and the press release always end with the last sentence stating the total fund size being managed by them.

It is also good marketing to conveniently not state that there are at least 5 funds (with same financial year-end) not giving income distributions.  biggrin.gif

===============

okay, it is important to those who still think that the extra distributed units adds 'value' to the the fund.  laugh.gif
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Add on, potentially earn some charge to those account that switch actively, as switching for equity funds within 90days will be subject to rm50 or 0.75% whichever is higher. Distributed units will be subject to that.

This post has been edited by kradun: Sep 30 2016, 06:27 PM
MUM
post Sep 30 2016, 06:32 PM

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QUOTE(kradun @ Sep 30 2016, 06:25 PM)
Add on, potentially earn some charge to those account that switch actively, as switching for equity funds within 90days will be subject to rm50 or 0.75% whichever is higher. Distributed units will be subject to that.
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do you mean, if I got 100 units of distribution valued at RM30 added to my existing fund.....if I were to switch to another EQ fund in less than 90 days after distribution......I got to pay RM50?

kradun
post Sep 30 2016, 07:09 PM

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QUOTE(MUM @ Sep 30 2016, 06:32 PM)
do you mean, if I got 100 units of distribution valued at RM30 added to my existing fund.....if I were to switch to another EQ fund in less than 90 days after distribution......I got to pay RM50?
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Not too sure on that, if switch min rm1k probably as per below:

Switchting RM1000 : RM970 more than 90days + RM30 less than 90days

Switching fee : RM25 + RM30


TSj.passing.by
post Sep 30 2016, 08:13 PM

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QUOTE(kradun @ Sep 30 2016, 06:25 PM)
Add on, potentially earn some charge to those account that switch actively, as switching for equity funds within 90days will be subject to rm50 or 0.75% whichever is higher. Distributed units will be subject to that.
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As for the distributed units, they are considered as over 90 days. It would be counted as 2 separate transactions only when the fund is held not more than 90 days.

For example, you bought or switching to an equity fund last month, distribution income is this week, and switch all units next week to another fund, then it will be counted as 2 switching transactions - eventhough you make only one switching request.

If you had held the fund more than 90 days, it will be lumped together as one transaction - and one fee only.

Yes, it is important to keep track of the distributed units and not lump them with units held less than 90 days...

This post has been edited by j.passing.by: Sep 30 2016, 08:16 PM
kradun
post Sep 30 2016, 09:50 PM

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QUOTE(j.passing.by @ Sep 30 2016, 08:13 PM)
As for the distributed units, they are considered as over 90 days. It would be counted as 2 separate transactions only when the fund is held not more than 90 days.

For example, you bought or switching to an equity fund last month, distribution income is this week, and switch all units next week to another fund, then it will be counted as 2 switching transactions - eventhough you make only one switching request.

If you had held the fund more than 90 days, it will be lumped together as one transaction - and one fee only.

Yes, it is important to keep track of the distributed units and not lump them with units held less than 90 days...
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Thanks for info.. smile.gif
heaven.33
post Oct 6 2016, 03:37 PM

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Hi, anyone invested in PB SmallCap fund? I checked my statement and it seems like it i snot gaining.

T231H
post Oct 6 2016, 03:51 PM

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QUOTE(heaven.33 @ Oct 6 2016, 03:37 PM)
Hi, anyone invested in PB SmallCap fund? I checked my statement and it seems like it i snot gaining.
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While waiting for the right response....
I just want to say....some small caps funds from other fund houses are losing money too this year in m'sia
kavman1984
post Oct 9 2016, 03:04 PM

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QUOTE(j.passing.by @ May 17 2015, 03:53 PM)
That long running thread finally got closed.  biggrin.gif

Let's continue here... without any reference to any previous posts... a new reboot and new chapter to begin fresh, and travel to old worlds where mankind had gone before.
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Public Ittikal Fund

Is this a good fund to invest in?

Planning for retirement, 30 years. Intial investment RM10k ,then monthly RM500(30 years)

Please advise if there are better funds out there.

I am a noob in unit trust. How about Kenanga Growth Fund? = 10 years 384% in return
dasecret
post Oct 11 2016, 12:04 PM

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QUOTE(kavman1984 @ Oct 9 2016, 03:04 PM)
Public Ittikal Fund

Is this a good fund to invest in?

Planning for retirement, 30 years. Intial investment RM10k ,then monthly RM500(30 years)

Please advise if there are better funds out there.

I am a noob in unit trust. How about Kenanga Growth Fund? = 10 years 384% in return
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I believe the original ittikal fund already closed for investment; they have the sequel fund now

There are lots of better funds out there, they are not Public Mutual funds, you can filter for my past comments in this thread.

anyway, the comparison of ittikal sequel fund and kenanga growth fund

Attached Image

Blue: Kenanga Growth
Orange: Ittikal sequel

Which one do you think is better? shocking.gif
dasecret
post Oct 11 2016, 12:11 PM

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QUOTE(heaven.33 @ Oct 6 2016, 03:37 PM)
Hi, anyone invested in PB SmallCap fund? I checked my statement and it seems like it i snot gaining.
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QUOTE(T231H @ Oct 6 2016, 03:51 PM)
While waiting for the right response....
I just want to say....some small caps funds from other fund houses are losing money too this year in m'sia
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Public small cap is the highest return fund that PM has, and yet if you compare its 5 years returns with its peers, pale in comparison

Attached Image

Orange: PM small cap
Blue: Eastspring investment small cap fund
Red: RHB small cap opportunity
Green: CIMB small cap

And people wonder why I'm a PM basher puke.gif

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