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 Public Mutual Funds, version 0.0

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JaniceWLV
post Dec 30 2016, 01:01 AM

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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.

JaniceWLV
post Dec 30 2016, 10:08 AM

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QUOTE(dasecret @ Dec 30 2016, 08:59 AM)
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
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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 biggrin.gif . After I pass all the exams then I see this post la, makes me feel like doh.gif
JaniceWLV
post Dec 31 2016, 05:48 PM

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QUOTE(contestchris @ Dec 31 2016, 03:06 PM)
Guys what are the sales charge fees to enter Public Mutual, and what is the annual MER (Management Expense Ratio) of their funds? Is it in line with other funds from companies like CIMB-Principal, RHB, Eastsprings and TA?

If Public Mutual has higher MER than the other fund companies in Malaysia, that may explain their lower than normal returns.

I think the best way is to educate yourself and buy "open market" funds from the companies I listed above rather than closer market funds like PM.
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Sales charge for Cash is 5.5%, and EPF is 3%

MER usually its around 1.5%
JaniceWLV
post Jan 6 2017, 11:08 PM

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QUOTE(Hanford @ Jan 6 2017, 10:26 AM)
3 PM UTC want recruit me

should I go for PM UTC ?

Im interested on investment, hope get knowledge on investment.

bcz this thread, I know fundsupermart & morningstar.
and I know how to trade forex in MT4. get profit,less losses. earn USD 100 per day no problem for me.

what should I do ?
I need money to survive, my parent company kena sued by supplier, already get demand letter, worse case is wise-up n bankrupt.

no work, no income.

how ? i need to pay insurance & loan monthly.

lucky Im still single.
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You can try, its not that hard to do actually. it is easy to close EPF sales. But you need to really close alot of sales la, otherwise you dont really see the money dry.gif . I say for a starter at least must achieve 100k sales monthly in order to not eat grass tongue.gif . If you know alot of people, it should be a very easy task because most ppl are still unaware of the fact that they can transfer their EPF savings into UT

For me, I do part time for now, why? Cause I do sales line, I get to meet alot of people, then from here I can promote laugh.gif . If its good then I do full time, if its not I still have my job thumbup.gif

This post has been edited by JaniceWLV: Jan 6 2017, 11:10 PM

 

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