I think PM has to do something before more people are going towards online/DIY UT.

Even with agent service, I have not 'face-to'face' with my agent since the last time I bought my fund! That's why now want to change agent liao.

So this is true la? Please tell me more how did you do that. What are the documentation and proof needed?

1. Get agreement OK from FSM (just email them with details, they'll respond how to)

2. Redeem - online Public Mutual --> print to PDF, email FSM

3. Do FSM investment --> Print to PDF --> email FSM for the negation of service charges

Ok thanks!

Thanks dasecret for constantly sharing out all these information regarding the fund performance of Public Mutual. As a newly joined UTC myself I just feel so disappointed for Public Mutual, sometimes I also feel like its bad to be promoting for PM when knowing that there is something out there that provides better return at a much much lower service charge.

You would think so right? But I don't think PM plan to do anything yet. So it's either PM will go down or the entire unit trust industry will go down because PM is so big in Msia. Robo advisory will come soon enough and the internet savvy folks won't need agents and mediocre returns

Oops, make me feel bad pulak. But as usual, would you consider moving to other distributors to sell funds from other fund houses instead. May be win win for you and your clients

Its good for you to be sharing here, we get to learn so much from the things you share. Last time I did not even know there is such a thing as fundsupermart. Now only I know FSM so geng one, buy unit trust, buy insurance also can.

Still thinking how, because I am still a very very new UTC, dont even have a client yet . After I pass all the exams then I see this post la, makes me feel like

If you have time and interest, I'd suggest you look up on FSM recommended portfolios and basic to investment and lukenn past posts in the forum. He's a UTC who survived our bombarding. Too bad he stopped commenting here . Now, contrast that with what your upline advocates.

TLDR: Most investment literature advocates diversified portfolio across asset class (EQ:FI:property etc), geographical segment and sectors. This is practised in real life as well as demonstrated above.
But what most PM agents advocate is - buy 100% equity funds; only switch to bonds and MMF in crisis. Why? If I have to speculate, it has something to do with their commission lor

not just commission - "career benefits" too or "assets under mgt", get average x.xx%pa in monthly payout
painful to cut that off, even if one is one's own best customer

Public Mutual declares RM115m distributions for 10 funds

Public Savings Fund - 1.70 sen

Public Focus Select Fund - 0.5 sen

Public Strategic Bond Fund - 3.25 sen

Public Islamic Savings Fund - 0.4 sen

Public Islamic Growth & Income Fund - 0.25 sen

Public Islamic Enhanced Bond Fund - 4 sen

Public Islamic Strategic Bond Fund - 4 sen

PB Growth Sequel Fund - 0.75 sen

PB Mixed Asset Conservative Fund - 1 sen

PB Aiman Sukuk Fund - 4.5 sen

Crappy distribution. If I see year to year return on the PIEBF, it's less than 4% return. I guessed it's time for me to pull out everything from Public Mutual.

Well even with such return, some are still maintains their holdings.. Because has been "brainwashed" by agents

for those looking to buy into PM.

have a go at Bloomberg and key in every PM fund within the search bar and study the performance of each PM funds especially the graph performance for 1 yr and 5 years.

not sterling performance now is it?

the Ytd for public savings fund is - 6.33%
public focus ytd loses hovering at - 5.71%
public Islamic savings fund -5.03%
PB growth sequel fund -9.41

mind you those are negative returns. i felt a need to post this up after public mutual went on the papers to declare their "dividends" . please be aware dividends are priced in your NAVs and don't do jack shit.

just doing my part to educate. I do not like it when companies use false propaganda to push people to use them.

from the PM website...
I got these wor..variance a lot from yours...maybe yours is from Bloomberg thus got currency factor in....
pls have a study, if info is incorrect, hope can amend the post, else later PM sifus come bombard kena buta-buta.
http://www.publicmutual.com.my/application...formancenw.aspx



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Delete. double post.

This post has been edited by Avangelice: Dec 31 2016, 11:06 AM

still less than EPF and fixed deposit returns. public mutual also kena hantam in Kopitiam even as we speak. which sifu dare come out to hantam when performance in both Bloomberg and their website is disappointing.

EDIT.

I zoomed in your photos.are those negative returns that I see?

YES, they are negatives, but still NOT a bad as what you had posted.....

hahahahahahahah if they do get upset with me it's going to be an argument over whether an apple is Rotten or more Rotten than it looks but at the end tak boleh pakai. anyways jokes aside guys, seriously consider moving away from PB funds. their annual management fund on top of the loss makes the pain alot worse.

just an advise from an investor to another. we are all in it to make money legally and honestly.

some buy or stick with PM for this...

http://www.publicmutual.com.my/LinkClick.a...et=HJ3tj6KZoXw=

sometime ago some people said it is very worth it for that price....

I believe he was saying about posting the correct information, instead of coming out with your own numbers. It helps a lot in your own reputation here because it's happened before where you just regurgitated other people's information without sourcing and all.

Yes PM funds have been disappointing but I believe not everyone has the passion or knowledge or even temperament to be like the minority of US here where we handle our own funds. Even more so where majority of US here don't actually show our real portfolio with results. Why? Nothing to show? We can't expect everyone to go DIY mode, I believe Malaysians in general are not matured enough for that. We can share all the information that we know to help other investors make informed decisions, but there is no need to bash PM agents because those are legit jobs as well. There will be a lot of people that screw up too if they just DIY without knowing much.

Fun fact: a personal friend of mine at the age of 30 is earning RM150k/month as a PM consultant, can your DIY-funds beat the amount he's bringing home every month?