Anyone investing in this? Just sold off my PB Dynamic Allocation Fund, currently holding some bonds and PB Asean Dividend only, quite tempted to invest in this, any opinion is much appreciated

Yup, buy from banker, my mum is the one who started the initial investment into pb mutual actually, she transferred funds from my joint name fd acc with her into pb mutual under her banker suggestion, i never ask her anything until recently she told me she already sold the pb dynamic. Just went to bank to register for pmo few days ago, when i logged in for the first time only realise she also bought some bonds and pb asean dynamic, and the banker recommend this PeISITF. I didn't know can switch T^T

The money is contributed by me, under joint name account coz its easier for my mum to manage for me (she is the one to go bank and deposit all my savings for me since I'm 12 years old ==) current funds in public mutual is transferred from joint fixed deposit account, now only know that sales charge can be avoided by switching really quite upset, somemore the total amount redeemed is about 35k 😑

Personally, I also invest in precious metal (physical gold) 2-3 years ago. Lucky for me I'm staying with family (own house) so no rental and car is bought with cash so no car installment and yet to buy 1st house so no housing loan yet and no credit card (mum will definitely kill me if i attempt to apply for one) house expenses ie electricity fees and food expenses shared with siblings so monthly commitments is quite low. I give my mum about 80%-90% of my money to prevent myself from spending it all 😅 then i would spend the balance i have to buy whatever i like 😂 or 5%-10% in buying gold if the price is right.

anyway, im still very new in public mutual coz previously never really got the time to ask my mum and she mainly follow the banker suggestion only, now i have more free time and able to accompany my mum to bank, and Pb asean dividend fund is actually losing money about 2k with 20k investment, bonds is about 25k although not great performance but at least not losing money 😑

Any suggestion on whether I should make changes to the current investments?

This post has been edited by evonnewoon: Jun 26 2021, 12:48 AM

lols, im 28 yrs old now, entering 30 soon dont dare to say im young anymore 😂 but yea, money is mine and investment is mine also, my mum is like my financial manager lo.

Ok, so meaning that if I dont plan to use the money in short term, i can just put most of it in equity fund? I checked pmo shows still need around 64k to reach mutual gold, if not gold then not recommended to switch? or wait 90 days only switch?

if not monthly contribute, more like every 6 months or annually contribute, will it affect the earning alot?

currently holding PB Asean Dividend(approx 25k) and Public Islamic Bond(approx 21k) only, 40k cash on hand still deciding on which fund to invest ><

This post has been edited by evonnewoon: Jun 26 2021, 10:01 AM

I just had a quick look at Global Select performance and portfolio which seems really good to me. Overall i don't mind the votality but would prefer to gain return at around 20% in medium term (3 years would be best but 5years is acceptable also) instead of long term.