Campaign link: https://www.pbebank.com/Personal-Banking/Pr...atinum-Cre.aspx
T&C: https://www.pbebank.com/pdf/Promotions/tc_d...y-pbmutual.aspx
Form: https://www.pbebank.com/pdf/Promotions/form...y-pbmutual.aspx

I'm sorry and correct me if I'm wrong.

4000 units x 0.22 sen per unit = 880 sen = RM 8.80 right?

But the unit is 0.22 sen per unit
Not RM 0.22 per unit

This post has been edited by GrumpyNooby: Apr 19 2020, 11:14 PM

elamaaran

I'm right.

You'll get RM 8.80 and NOT RM 880.

I'm using an example from Opus IPF with latest distribution of 0.8 sen per unit





This post has been edited by GrumpyNooby: Apr 19 2020, 11:10 PM

Public Mutual declares RM64m in distributions for seven funds

A distribution of 8.5 sen per unit has been declared for PB Dynamic Allocation Fund, Public Mutual said in a statement today.

The unit trust firm has declared a one sen per unit distribution for Public Select Mixed Asset Conservative Fund, and 0.5 sen per unit for Public Far-East Balanced Fund.

Elsewhere, it has declared 0.25 sen per unit for four funds, namely Public Ehsan Mixed Asset Conservative Fund, Public Ehsan Mixed Asset Growth Fund, Public Islamic Dividend Fund and the Public Islamic Asia Dividend Fund.

https://www.theedgemarkets.com/article/publ...ons-seven-funds

Discard meaning what?
You want to change your current UTC?

There're two options for you:

1. Ignore your assigned UTC and get PMO access, most of the transactions can be DIY.
2. Get a trusted UTC probably somebody knows, get consent from both sides in writing so that you can "change" the current UTC to the new UTC.

Just my personal experience with PM decades ago.

Public Mutual launches two income funds

KUALA LUMPUR: Public Mutual launched two new funds -- Public e-Income Fund (PeINCF) and Public e-Islamic Income Fund (PeISINCF) – on Wednesday which seek to provide annual income over the medium to long-term period.

https://www.thestar.com.my/business/busines...-funds#cxrecs_s

Personally I think this is just an enhanced MMF like Opus Money Plus Fund.
Just that Public Mutual is flexing the mandate of this fund to allocate up to 50% into low-risk fixed income investment vehicle like MGS, MGII and Triple A debt papers.
The primary mandate is still deposits and money market instruments.

This post has been edited by GrumpyNooby: Jul 16 2020, 09:46 PM

It is all depends on its allocation.

To achieve 5%, it needs to invest 50% (max) into fixed income instruments and ensure that this segment is able to outperform far better.

Given the current MMF ROI quoted at 2.4% pa (before July 2020 OPR cut), any insignificant allocation into fixed income instruments or under-performance of the fixed income instruments, may not able to enhance the ROI drastically.

This post has been edited by GrumpyNooby: Jul 16 2020, 09:55 PM

Why don't consider pure bond fund that invests in short term debt papers (less than 732 days)?

This post has been edited by GrumpyNooby: Jul 17 2020, 07:40 AM

I'm a rojak investor. I shoot at almost everything.

Try AmBond: https://www.fundsupermart.com.my/fsmone/adm...eetMYAMBOND.pdf

This post has been edited by GrumpyNooby: Jul 17 2020, 08:05 AM

Should be the same; both funds are primary in short term debt papers.

Up 0.01% for +0.0001

I think he's losing sleep now.

New investors have 6 business days to exercise its cooling off right from 21/7/2020
It'll need some time for the fund to have some real movement and figure; probably 2 to 3 weeks.

This post has been edited by GrumpyNooby: Jul 23 2020, 11:05 PM

Your heart can take or not?
This is a sector based fund; volatility is certainly very high compared to your PBOND.

Public Mutual declares RM149m distributions for 11 funds



https://www.thestar.com.my/business/busines...-funds#cxrecs_s

Usual practice yes unless they're doing extension or promotion.

Last time, when new fund launches, always got promo service charge which is usually lower than published in the prospectus or PHS.
The scheme is like IPO of new counter to be listed in Bursa Malaysia. IPO has a offer price and subscription period to attract investors.

Have you received the money as of today?