So, if I go thru public mutual agent(part time), can U invest in Kenanga Growth fund? Sorry I am a noob

No, public mutual agents can only sell public mutual funds. They cannot even sell Public Bank's PB funds I think

A lot of us in this forum buy funds on a DIY online platform. The thread is here
https://forum.lowyat.net/topic/4047177

There are agents out there who can sell funds from various fund house except public mutual as well if you want to pay 5.5% sales charge

Transacting UTF through Public Mutual Berhad (Pub-Mut) is like buying a smartphone device from Machines, that is, you can only buy Apple brand IPhone and nothing else. No other brand is available there-in.

Transacting UTF through Fundsupermart (FSM) is like buying a smartphone device from SenQ or Harvey Norman, that is, you can buy Apple brand IPhone 7, Oppo R7 Plus, Huawei P9, Samsung Note 7, etc... macam-macam ada.

Xuzen

Wow the gap is quite huge there indeed. What is your outlook on this in long term?

I'm no expert. The only thing I can tell from the chart is - don't buy Public Mutual. They are the biggest and oldest no doubt, but not running the fastest at the moment.

Luckily TS is not an agent otherwise I would have been kicked out long time jor

haha...but I have already invested in this since the start of this year. Do you advise to pull out at this moment?

Err... I guess that's quite personal

I won't add more into this fund for sure. Did you only buy this 1 fund? The risk is higher than the normal big cap funds

I have investment with Psmallcap since Q2/2011 (1 off investment)
So far, the total returns was ard 95% -v- benchmark @ 46%
I wud assign 9 out of 10 in term of performance

I am looking to invest for 30 years(planning for retirement). Since Public Mutual, is the biggest and oldest, they offer stability no?

My plan is : for initial investment: RM10k and then commit RM500/month for 30 years. RM1.5million is the target. Possible?

Boss, if you look at that Bloomberg screenshot, you would have made 198% if you invested in EI SC instead for the same 5 years... so I guess it's all relative

I agreed but at tat moment of time (i.e. reset time to Q2/2011), I dunno wat will happen in 5 yrs time
Anyway, I'm happy as I blif in destiny

Wa, u want this type of promise you should be talking to agents. I'm certainly not dishing out any promises to anyone here. Who knows? Maybe suddenly Public Mutual will wake up and start to give above average returns to investors eventhough they have not done so in the past 5 years

No one can promise you that it'll be RM1.5 million by the end of 30 years; and no one should for a non-guaranteed product. Past performance is not a guarantee of future returns as well.

P/S: mathematically, you need annual return of >10.5% to reach the desired RM1.5 million. But remember something, the RM1.5 million would be worth a lot less than today's due to inflation as well.

Yeah, and I'm glad you bought small cap fund instead of ittikal or regular savings

Do you have any idea which public mutual fund that has the highest annual returns? My agent recommend me to invest in Public ittikal fund(he said annual return 8-12%). I want something with a higher return.

Kindly advise

Since I'm not charging you for my advice like UTCs, I'm not going to spoon feed you

Here, use this website to find your answer
http://my.morningstar.com/ap/fundselect/default.aspx

Why must you buy public mutual funds if your agent fail to convince you?

Higher return is not free, you are taking more risk. Are you comfortable with that kind of risk

I have other investments. This is just to main2. I dont mind higher risk. Hopefully can get higher return. The agent is my sisters fren. So, had to go with him. Plus Public Mutual won a lot of awards, surely stability is there in the company.

Thanks for the links bro! Will study and learn more about unit trust )))

That's the exact reason why PM's fund performance is going south but still they earning is superb.

Aggressive is not everyone appetite. Especially if you require a stable income.
PIDF Public Islamic dividend fund is steady, it did hit 18% (or more) historically. So what I did, I invest regularly, slow and steady.

Do you notice, within these 2 or 3 years, most Malaysian fund is also going south. As diversification as their main feature, each fund type will cover most of the big company. If the economic climate is not conducive, these companies will also decline in growth as well the fund house that invest in them.

If you are a seasoned PB investor, you will know that you can wait (patience) and you have lock some handsome profits.

There is indeed fund type that outperformed its benchmark, if you ask me it is good enough. Many also slips. I am focusing on long term gain, thus the fund that have below average or slips if NAV price is what I am grabbing right now.

Please also be informed our economy is not its dead bottom level yet. it is just 4 % down and 4 % up. So strategy is crucial.

Many people told me that PBB's unit trusts are the worst. Is it true?

I think worst is an overstatement la.... even for me who dislike PM
There are worse ones out there

But there are also better ones out there. So choose wisely