I thought somebody has just opened one thread:

https://forum.lowyat.net/index.php?showtopi...61423&hl=mutual

Therefore, I closed the old running one.

M2U can do Public Mutual?

No difference as you use PMO or PBeBanking.

SC is still the same.

Do you have PMO access?

If yes, why don't use that and pay using FPX with M2U?

This post has been edited by David83: May 18 2015, 11:44 AM

Chance needs to give to others too.

We're not dictator, let the new TS to develop the possibilities.

Public Mutual declares distributions for 10 unit trust funds

KUALA LUMPUR: Public Mutual Bhd, with a total fund size of RM65.7bil, has declared distributions for 10 of its unit trust funds for the financial year ending May 31, 2015.

URL: http://www.thestar.com.my/Business/Busines...unds/?style=biz

Public Mutual declares RM178m distributions for 13 funds

URL: http://www.thestar.com.my/Business/Busines...unds/?style=biz

Public Mutual declares RM424m distributions

KUALA LUMPUR: Public Mutual has declared distributions amounting to more than RM424mil for nine funds for the financial year ended July 31, 2015.

URL: http://www.thestar.com.my/Business/Busines...ions/?style=biz

First of all, there's no direct shares and bank involved.

You're actually buying or investing into a fund. The fund manager will buy certain counters in the exchange based on his/her research/strategy. You have no control over what or when the fund manager is going to buy or sell.

When you buy a fund with a certain amount, what you get is number of units of that particular fund.

Should you choose to hold or to sell, it depends on solely on but once you buy into a fund, you have to pay for the service charge. Public Mutual charges up to 5.5% for equity fund. Therefore, if you choose to hold for number of years and sell it then, what are you gaining is the fund price (NAV) appreciation plus what so ever dividend/distribution that they declared (reinvestment option).

I'll suggest you to sit with one of the agent and understand on how unit trust/mutual fund works first before committing into any purchase.

Hope a nice day. Good night!

So if I bought the funds @ 0.2590, after the distribution is @ 0.2490, does it means I lose 1 cent on NAV? Or does it increase my holding units?

If you choose reinvestment, after distribution is exercised, you'll get additional new units in accordance to distribution amount reinvested at the NAV.

This post has been edited by David83: Aug 13 2015, 10:25 AM

If I cents is the nett distribution, then you're correct.

Some fund houses may still using old distribution mechanism.

Public Mutual declares RM185m distributions for 11 funds

KUALA LUMPUR: Public Bank's unit Public Mutual declared distributions totalling more than RM185mil for 11 funds ranging from 0.3 sen to six sen per unit.
The company, which managed RM64.7bil of funds as at end-June 2015, said the total gross distributions for the 11 funds were for the financial year ending Aug 31.

The gross distribution per unit for the Public SmallCap Fund was six sen per unit; Public Indonesia Select Fund (one sen); Public Strategic Growth Fund (0.3 sen) and Public Islamic Treasures Growth Fund (1.50 sen).

As for the Public Sukuk Fund, it was 3.75 sen per unit; PB Asia Emerging Growth Fund (two sen), PB China Australia Equity Fund (one sen) and PB Islamic Equity Fund (1.4 sen).

Public Mutual said for the PB Indonesia Balanced Fund it was (0.5 sen) while for the PB Bond Fund and PB Sukuk Fund (3.75 sen each).

URL: http://www.thestar.com.my/Business/Busines...ions/?style=biz

eUT by Philip Mutual

URL: https://www.eunittrust.com.my/

Public Mutual declares RM188m distributions for 11 funds

It declared three sen per unit for the Public Savings Fund; Public Focus Select Fund (one sen); Public Strategic Bond Fund (four sen); Public Islamic Savings Fund (0.5 sen); and Public Islamic Growth and Income Fund (0.5 sen).

As for the Public Islamic Enhanced Bond Fund, the distribution was (4.5 sen); Public Islamic Strategic Bond Fund (4.25 sen); PB Growth Sequel Fund (one sen) and one sen each for PB Growth Sequel Fund and PB Mixed Asset Conservative Fund while for the PB Aiman Sukuk Fund (4.5 sen).

URL: http://www.thestar.com.my/business/busines...unds/?style=biz

Public Mutual launches Public Lifestyle and Technology Fund

KUALA LUMPUR (Aug 8): Public Bank's wholly-owned subsidiary Public Mutual has today launched a new fund called Public Lifestyle and Technology Fund (PLTF).

URL: https://www.theedgemarkets.com/article/publ...technology-fund

Public Mutual declares RM51m distributions for eight funds

Read more at https://www.thestar.com.my/business/busines...T7bqOb7uEiUh.99

Public Mutual declares RM238m distributions for 11 funds

Read more at https://www.thestar.com.my/business/busines...6usGZJvxMMuA.99

Even you manage it yourself, you still need to pay for the fee (service charge).
Whatever you paid, a portion of it will go to the new servicing agent who is normally your present agent upline.

Public Mutual declares RM143m in distributions for six funds

Read more at https://www.thestar.com.my/business/busines...OYdPZRd5gtUD.99

Replied your thread.