According to the fund performance chart, BM for PDSF: total returns from 17 May 2005 to 18 Feb 2016 = 93.96%
What is BM?

Kenanga Investors declared distributions of 10.11 sen for its Syariah Growth Fund. Anyone interested, please pm me.

er.. WRONG
DISTRIBUTION, not dividend.
The right word and differences between them also dunno, wanna people to contact U pulak...
Supersound should sooooo contact U 

If u refer to Dividend, there is no difference to your investment value b4 n after Kenanga declared Dividend

it's a "fun" past time

this one no fun though - right on the onset, already shot self in foot liao.
no "play", no "giving longer rope to..", etc. sigh.

keep on launching new funds eventho some are still at loss

Can anyone recommend me some very good agents who have a variety of mutual fund schemes that can suit different type of risk appetites?

I have RM100k in savings by the way.

Why not? Any bad things you have encountered with? 

for a start...PM sales charges is 2x higher than other....

When u top up the one off service charge will only applied on additional units.

ie.

Initially invest RM10,000 in Jan'16 then RM9,479 will be capital while RM521 will be service charge.

Then subsequently Jan'17 top up RM1,000 then RM948 will be capital while RM52 will be service charge.

Assume every year consistently earn net 6%.
By Jan'19 the amount will be about

(RM9,479 X 1.06 X 1.06 X 1.06) + (RM948 X 1.06 X 1.06) = RM12,355
If same amount put in fd at 4% then will be

(RM10,000 X 1.04 X 1.04 X 1.04) + (RM1,000 X 1.04 X 1.04) = RM12,374
Take additional 1 more year then the one invest in FD will lose out on fund that could consistently generate 6% return.
U could even save half of investment cost through applied ur own UT license.

Then u will just need 5% consistent return then can beat the 4% FD in subsequent year illustrated above.

When the buying decision is came from the investor themselves or through agent will achieve very different result, mainly because of the timing of buying.

If "A" DIY but did not buy any unit at certain low season period due to busy or whatever reason as his daily routine have less exposure on these financial information, while "B" get reminded from agent to top up some unit at the same period, then end result will be very different even required to pay for service charge.

Majority of people will just want to invest but wouldn't want to spend their precious time to know too much on these financial products. Most important is achieve the financial objective, if can achieve superior result then that would be bonus.

I read all the posts here, and sometimes I feel the urge to put in my 2 cents opinion but most of the time, am too lazy to log in and reply. Other times, I see the need to correct some misleading info... and then again did not comment because the info was obviously wrong to most of the readers too, so rather let the poster alone to believe in his own misinformation. 

To be honest, I too find that the service charge in Public Mutual is (and other local fund companies as well) too excessive at 5.5% compared to online investment platforms like FSM and eUnittrust. It is even more ridiculous when it is only 3% when it is via the EPF withdrawal scheme - which entails more paper work.

When I first joined this forum, one of my personal objective was to spread a bit of negative propaganda and also enlightend people that there are online UT platforms with lower and discounted service charges... in the vain hope of driving market away from Public Mutual, and maybe they will see the need to lower their service charge to recapture their market share. (So far, there's no indication that my private and personal crusade is working. LOL.    )

It would be a disservice to some new UT investors or would-be investors coming to this thread for some extra info if I don't present the positive side too. (But it will only be said once, this time only and will not ever be repeated here or elsewhere, as the private and personal cursade is still ongoing. Haha.)

The service charge is a one-time charge; it was explained further in a previous post on amortizing it over the years and its effect on the total returns over the long term. Yes, it is discounted and reduced by holding the investment over many years or better still, several or many decades.

Another aspect of the service charge is that it is an entry cost. Just stating the obvious... and it is obvious that a higher entry cost will deter entrance.

Here's the positive side of a high entry cost - it will also deter exit. But how is that positive, you may ask?

Well, there are fund's returns and investor's returns.

The fund's returns are stats and data from the past 5 or 10 years, as like those in dasecret's post. They are the stats and data that you reviewed in making the decision for your entrance into the fund. They are the fund's returns for the past 5 or 10 years.

Needless to say, when you buy into any fund, you will be getting your own "investor's returns". Not the fund's returns. 'Cos you are buying into the fund now, you are not buying into the fund 5 or 10 years ago.

If each of us were buying into the same fund at various times, each of us will be getting different returns - which is the individual investor's returns. (If you want the same return as the fund and other investors, go buy fixed-price UT which is RM1/unit with 'real' annual dividends and given prorata to those investments held less than 1 year.)

Some of us would be getting better investor's returns than others because of the timing of the purchase.

A lot have been said about "timing" - and the reason for using regular purchases strategy like DCA and VA. In general, timing is not easy and not every DIY investors' cup of tea to time his/her purchases.

(And please la, UTC agents and fund managers don't have secret crystal balls to time the entrance and exit either.  )

Some investors may be enticed to do timing if there is no entry cost... well, some were already doing exactly that - entering and exiting - when the entry cost is very low like 0.5 or 1.0%... so IMHO, a high entry cost will deter the finicky and kiasu investor from exiting in a down market and give him a reason to hold and maintain the investment when he is already feeling kiasi after his investment dropped 15% and could maybe dropped another 25% in the coming months.

Sometimes to remind self to be grounded to earth, and not flying high into dreamland and chasing high returns, I looked into this site showing the top funds, which shows the worse funds too.

https://www.eunittrust.com.my/fundInfo/5top_worst_funds.asp

For example,
Top 5 Funds 1 Year
Fund Name  %
RHB Gold And General Fund  38.80
AmPrecious Metals  27.68
AmPan European Property Equities  21.65
RHB Energy Fund  19.65
AmGlobal Property Equities  18.84

Worst 5 Funds 1 Year
Fund Name  %
Affin Hwang China Growth Fund  -33.81
AmConstant Multi Maturity  -24.46
Manulife China Equity Fund  -22.40
RHB Big Cap China Enterprise Fund  -17.70
BIMB Dana Al-Falah  -17.61

edit: correction - that should be "5 top funds from 3 different companies", not 4. And all except the balanced fund seemed to be in the same equity sector.

at first glance of a few treads , i thought that you are an utc ,

but after more reading , only realized you are not.

fantastic, your level is above many many utcs, especially those who are not full time .

cheers

Thanks Luken for quick reply. I try to do a little research this morning and I found this seems contradict with yours. The link here: https://thebillionairesquad.wordpress.com/

18. Should we only buy the fund with high historical distribution?

No. Distribution is not indicating the performance of the fund. The real value of the investment is still same. After distribution, the fund price will drop as the distribution is from the NAV of the fund.

So, appreciated you or someone confirm on this?

Besides that, I read on switching fee. Just wonder will PM UTC still earning money if we only switch our fund? Or because that they keep triggering us "Buy" "Buy" "Buy"?

Thanks.

Thanks for such long reply. Ya... Takes me whole day to complete 34 pages comments in this thread. @@
Not going to read the old one... lol

Thanks for all who contributing in the thread... Understand more now 

+1

why buy PM, when FSM offers lower SC rate   

got agents' service ma  <tongue firmly in cheek>

I'm keen to know whether PM will change as the UT landscape is changing rapidly with new players namely Fintech making headlines

Just looked at my EPF Public mutual(didn't bother checking for so many years ) and I only got like 15% after 5 years. That is even lower than EPF rate.

BTW is it possible to switch funds to FSM from public mutual from EPF side?

withdraw everything from Public Mutual.
disappointing return. FD give better return.

Hi guys, googling epf vs pm brought me here lol..
Reading last few pages it looks like better to let our epf money there than put it into PM unit trust, is it?
Errm, so is there other better option to invest in than just let our money in epf?

Hi all, looks like last few reply Macam not so good

So got EPF sitting here, not recommend to invest?

I have several portfolio.  Last year all increase in IRR but early this year I saw a drop in a couple of them. Need to check with my agent again on the latest report. Over the years I do make profit though amount is not as high as I would like it to be. I am just wondering if I should risk maintaining it or selling it off and just relying n EPF dividend rate.

Very WRONG & MISLEADING info & theory