Those are the fund allocation percentage in his portfolio

Straight to the point

Especially the last one so little discount even DIY via public mutual online

which is one of the main reason I am hesitant to give public mutual a chance to explore what they offer, not to mention their sub par performance compare to its peers within the same period, the gap is really unjustifiable

This post has been edited by AIYH: Oct 14 2016, 10:14 AM

You need to read their respective product highlight sheet and annual report to find out the SC and MER for each fund

And define open market, because, afaik, pm hass very very very little difference to cimb kenanga TA etc in terms of mutual fund offering

I think they update the bloomberg graph dy, sometimes they delay in distribution information

You might need to see PM own performance chart (which do include distribution reinvestment) vs its peers on FSM performance chart to get a apple to apple comparison

In mutual funds, distribution doesn't actually increase your wealth

Whenever distribution declare, it was taken from the NAV, hence NAV reduced by the distribution declared.

You need to reinvest the distribution in order to get back the same fund value as you have before distribution

Otherwise, if the distribution is not reinvest, goes to cash in you hand instead, even though u get the cash, your fund value will decrease by the distribution amount.

This post has been edited by AIYH: Jan 1 2017, 01:34 PM

Not sure about PMO but FSM do have such feature with lower SC

But you need to ensure what fund you invest

Normally rm1000 to start and rm100 to top up, however you can start with 100 by subscribing to RSP (monthly regular saving) in FSM

You are right, but is better to compare the same sector region and class between peers to see which fund house provides the best return or risk return ratio

You can check from here https://iportfolio.com.my/screen

If dont have means there is no FCY mutual fund by PM

Now is a good time to buy, but not necessary from PM

To give you an idea, compare top 7 MY funds from PM vs top 7 MY funds in Malaysia


Attached thumbnail(s)

There are a lot of ways to look, each column provides different meaning

For example, the 3 year risk return ratio is the 3 year annualized return generated per unit of risk being taken.
Generally, the higher the number, it means that within the same class of fund (equity / fixed income), it generate better return given the risk it took
Lower number generally means the risk you need to bear doesnt worth the return it generated.

the other cumulative performance data with different dates tell you about how each fund perform for different period, whether some funds perform better or worse recent or long term wise, which can generate better or certain returns than others

for more comparison on your research, refer to iportfolio.com.my or fundsupermart.com.my or bloomberg or morningstar, but the main idea is this:

PM is only on of the many fund houses in Malaysia, each fund houses had different strength in certain areas of performance, and as you will see, for each region/sector/class, they topped by different fund houses, therefore, it is important to research and compare before you decide which is better to invest, be open minded in exploring information

This post has been edited by AIYH: Jan 11 2017, 03:45 PM

IMO is hard to interpret it as a standalone value

For example, money market tend to have high RRR due to low volatility/ nil fluctuation, however that return may not be what you desire

RRR is best to compare with several funds

For example, within malayisa region equity fund, you can compare which fund has higher RRR compare to its peer, it will generally means that given the risk it takes, it can generate better return than its peers

Its best to compare it in conjunction with their return within the same period the RRR were measured

The picture I attached previously were sorted by RRR descending, so the top one usually can be intepreted as the better fund that can generate high return for its volatility

That is the basic way to choose a good fund, if you want to go deeper, you proceed to study each fund's FFS, PHS and annual report to understand what they invest and why such a difference between funds

This post has been edited by AIYH: Jan 11 2017, 04:36 PM

Personally I choose eastspring small cap for 4 reasons:

1) Sales Charge :

Public Mutual charge SC about 5% to 5.5% per investment, which may not seem much if you invest once, but to me who advocate to DCA every month by income, that will be costly to me

For Eastspring, I can buy from FSM from 0.5% to 2% SC per investment, lower cost to DCA for me

2) Performance :

From the performance data and chart that I posted previously along with the website you can check, EI small cap beat Public small cap by some margin

3) Flexibility :

Staying invested in an isolated fund house platform, I find it hard to switch around and compare between peers if the market doesnt turn well or you want to diversify into something different

In FSM, I can compare and switch between fund houses if I forsee another fund house having a better fund that what I own now, invest EI small cap in FSM allows me to switch to different fund houses in the future within the platform

4) Documents :

PM hardly publish FFS publicly to update their investors about the fund update, whereas other fund house they provide FFS on their website by monthly, easier to study and compare within FSM

That is just my opinion, I haven't have the knowledge to read in depth in the fundamentals of what they invest, what difference do they make and their future potential prospect, so I just provide my basic reasoning

As far as I know, small cap in Malaysia is still an inefficient market, therefore investors or fund manager can try to compete for information, insight and careful selection to outperform the market.

Though it is less risky compare to sector specific like property funds, it is still riskier than large cap funds, so it is advisable not to put what you cant afford to lose into this segment

Unless you are lucky or very rich to have a very good agent or financial planner that will update you promptly and advise you accordingly, chances that you will need to self study and understand your investment to prevent being cheated and misguided by own sentiment and peer influence

I have been through that, and still learning

Just wish to spread this awareness in some self study on your own investment

You can either subscribe to monthly RSP or top up on your own pace.

Usually they will have seperate minimum for manual top up and RSP

This fund [URL=https://www.fundsupermart.com.my/main/fundinfo/Manulife-Investment-U-S-Equity-Fund-MYML008]
MANULIFE INVESTMENT U.S. EQUITY FUND[/URL] have different minimum manual top up and RSP

EASTSPRING INVESTMENTS SMALL-CAP FUND have both the same minimum

You can either put an initial investment into it or trigger a RSP for 1 month which happens on 15th of every month, then cancel it, then you can top up manually according to the subsequent investment amount whenever you like

Afaik, FSM do not offer public mutual funds.

BUt if you want its peers, you may talk to FSM about your change from PM to FSM, they will guide you, or refer to wongmunkeong 's guide on previous pages

If the fund you bought from agent is available in FSM, then the process will be much easier

Means her commission paid in the past will be revoked？

Unit trust is not stock

The distribution are irrelevant because when distribution declared, the NAV drop

If you opt for cash, your capital will shrink

If you opt for reinvestment, it will just reinvest back into your capital and your fund value didn't change

You should focus on the fund performance instead of distribution,

If agent don't tell you this, they either don't know, which may be new or don't really care type (if he willing to learn, then still got hope )

Or those who purposely con customer for self interest (this one no hope, boycott )

This post has been edited by AIYH: Jan 26 2017, 10:35 PM

I am not saying that UT is a bad product, dont worry

Just the fact that other than public mutual, there are other fund houses which have better performing fund for certain categories

For instance, PISSF

and Eastspring Investments Dana Al-Ilham

(both islamic malaysia general equity)

There are other funds which public mutual excel, like public islamic opportunities (islamic malaysia small cap)

Just that if you want customer to have the best, pick them the fund that public mutual do best

Dont diversify by fund houses

Rather by region, pick the best across different fund house

If u want diversify, go for other investments like stock bonds FD forex to diversify your risk