fund specific benefits would include diversification of bluechips in local and some in foreign countries. expectations should be placed on the consistency and the yield of the distributions. it will be a local based fund i suppose..exposing to local economy, political, etc etc risks.

Just buy, price up sell, price down buy some more
Buying UT must have a die hard gambler's mindset, you lose rm10, you put in rm20 more.

Anyone have contact any PM agent, im would like to know more about investment.

As usual I have to buat kacau here 

So why go with Public Mutual? Sales charge expensive, bad fund performance

Why do I say bad fund performance?
See the highest 5 years cumulative returns for all retail funds in Malaysia
[attachmentid=8313919]

And see the Public Mutual's highest 5 years cumulative returns
[attachmentid=8313947]

Need I say more?

Credit: https://iportfolio.com.my/screen#
You can filter by shariah funds or by EPF approved or any other criteria you like

Btw, if you currently invested with Public Mutual but wants to sell and buy other funds, you can contact fundsupermart.com.my. They offer free SC if you show proof of disposing PM within a month of buying on fundsupermart

I better run away before the agents and TS kill me 

I can only decipher from facts, that PM performance is sub par in the past 5 years.

I don't know why the performance is worse off than other fund managers. I've asked PM UT agents on open FB groups and forums for the underlying reasons. Most of the time they just say Public Mutual is more stable due to their conservative investment style. Satisfy with the response or not is up to you

Oh, one also say that Public Mutual is aware o competition from online platforms like fundsupermart but does not feel a need to worry about them as investors still prefer personalised face to face service. So they don't feel the need to compete with these platforms or innovate the ways they do things

The free transfer? That's what many forumers said. I have not done it yet so can't give you personal guarantee. but you can always use live help on FSM to confirm that before you proceed

FSM allowed me to "move" my + my sis' cash investments from Pub Mut to FSM's stable of funds - exactly by showing proof of redemption value then buying into FSM's with 0% service charges (equities --> equities, fixed income --> fixed income). Got it all in writing / email before execution - execution & tracking was the fastest part 

Just sharing

1. Get agreement OK from FSM (just email them with details, they'll respond how to)

2. Redeem - online Public Mutual --> print to PDF, email FSM

3. Do FSM investment --> Print to PDF --> email FSM for the negation of service charges

for those looking to buy into PM.

have a go at Bloomberg and key in every PM fund within the search bar and study the performance of each PM funds especially the graph performance for 1 yr and 5 years.

not sterling performance now is it?

the Ytd for public savings fund is - 6.33%
public focus ytd loses  hovering at - 5.71%
public Islamic savings fund -5.03%
PB growth sequel fund -9.41

mind you those are negative returns. i felt a need to post this up after public mutual went on the papers to declare their "dividends" . please be aware dividends are priced in your NAVs and don't do jack shit.

just doing my part to educate. I do not like it when companies use false propaganda to push people to use them.

I think they update the bloomberg graph dy, sometimes they delay in distribution information

You might need to see PM own performance chart (which do include distribution reinvestment) vs its peers on FSM performance chart to get a apple to apple comparison
In mutual funds, distribution doesn't actually increase your wealth

Whenever distribution declare, it was taken from the NAV, hence NAV reduced by the distribution declared.

You need to reinvest the distribution in order to get back the same fund value as you have before distribution

Otherwise, if the distribution is not reinvest, goes to cash in you hand instead, even though u get the cash, your fund value will decrease by the distribution amount.

You are NOT alone,...you are not the first nor the last to get confused.....the only different is you realised and asked....

for Unit trust it is dividend "distributions"....

.......If the fund makes little or no profit, it may not pay out any distribution. Your unit trust investment return refers to both income and capital growth where:

Income return arises from dividends earned on shares and capital gains realized on the sale of shares. The distributions (if any) will be declared at the end of each financial year and will be distributed to investors based on the total units held at the end of the fund’s financial year. The distributions will be paid to investors by cheque or reinvested on the investors’ behalf as per the distribution policy in the prospectus.
Capital growth arises from an increase in the value of the shares in the portfolio. Investors who sold the units at a higher price than the amount purchased will realise a profit and similarly investors will experience a loss if the portion of the investment sold is less than the purchase price.
Please note that past performance, past earnings or distribution record of the Fund are neither a guarantee nor an indication of the Fund’s future performance, earnings or distributions.

Why do unit trust prices drop after a cash distribution?
Income earned by a fund during the financial year is accrued in its unit’s price until the end of the distribution period. Upon declaration of an income distribution, any interest income and realised capital profits are paid to unitholders. Consequently, the Fund’s NAV, and therefore the offer and bid prices, will tend to fall by approximately the same amount as the income distribution.

http://www.phillipmutual.com/help-centre/faqs/

Franky gave me RM 1,000 to buy into stock market. In exchange I gave him 1,000 units. After one year, that sum grew to RM 1,100.00. His NAV will become RM 1,100 divided by 1,000 units equals RM 1.10 per unit.

I decide to distribute RM 150.00 back to him. RM 1,100 less 150 equals RM 950.00. Hence his latest NAV is now RM 0.95 per unit after receiving that RM 150.00.

But he gave me back that RM 150.00 and Franky told me to reinvest that amount into that same fund.

Hence I use that RM 150.00 and convert it back into units at MYR 150.00 divided by 0.95 (NAV) equals = 157.89 units.

Now, Franky has 1,000 units from his original investment plus another new 157.89 units; his new total units equals to 1,157.89 units.

This 1,157.89 units multiply with RM 0.95 NAV equals RM 1,100.00 in total.

So Franky realised that before distribution, his total unit trust is valued at RM 1,100.00 and total units held is 1,000 units.

After distribution, his total unit trust value is also valued at RM 1,100.00 and total units held has become 1,157.89 units.

To put it plainly, even his units has increased which gives him a "shiok sendiri" feeling.... his total value is still the same before and after distribution. Hence Franky should realise by now distribution does Jack Sh1t.

Xuzen

hope this can answer you....
Your unit trust investment return refers to both income and capital growth where:

Income return arises from dividends earned on shares and capital gains realized on the sale of shares. The distributions (if any) will be declared at the end of each financial year and will be distributed to investors based on the total units held at the end of the fund’s financial year. The distributions will be paid to investors by cheque or reinvested on the investors’ behalf as per the distribution policy in the prospectus.
after the reinvested monies are converted to units...you got more units.....thus any appreciations of NAVs will have added value to the new acquired units thus your total value in that fund.

Capital growth arises from an increase in the value of the shares in the portfolio. Investors who sold the units at a higher price than the amount purchased will realise a profit and similarly investors will experience a loss if the portion of the investment sold is less than the purchase price.
Please note that past performance, past earnings or distribution record of the Fund are neither a guarantee nor an indication of the Fund’s future performance, earnings or distributions.

http://www.phillipmutual.com/help-centre/faqs/

Let's take a simple case:

Consider thus Unit Trust Fund A has MYR 100K in its trust account. The fund manager then instruct the Trustee company to buy on behalf of the unit - holders MYR 50K into BAT and another MYR 50K into Nestle.

After say one year has passed Nestle has gone up to MYR 60K and BAT has dropped to RM 45K. Let us assume this gain or lost are inclusive of whatever dividend that have been declared and the fund manager has decided to use those dividend to buy back the same counter in the same proportion for ease of explanation.

Total fund nett asset value (for ease of explanation let us assume the fund manager & trustee all work for charity and there is zero management charge) then becomes MYR 45K plus MYR 60K equals to MYR 105K.

Hence assuming there are 100K units outstanding, the latest NAV then becomes MYR 105K divided by total outstanding units = 105,000 / 100,000 = MYR 1.05 per unit.

So, you will see that one year ago, a unit - holder purchase the units are MYR 1.00 per unit and one year later his unit is now priced at MYR 1.05. ( a simple 5% gain) If he decides to redeem, the fund manager will then instruct the trustee to pay you MYR 1.05 x whatever units you wish to redeem.

Xuzen

You seemed a really confused soul

People tell you ABC but you keep thinking about XYZ

Ok, regardless of situation 1,2 or 3, your returns come from increase in the value of the underlying assets as compared to the purchase price. The increase in the value of the underlying assets could be in the form of
- share price increase
- dividends paid by the underlying stocks
- foreign currency exchange gains (in the case of foreign assets)

So can you see that the 1,2,3 situations are irrelevant?

How long term is your "long term"? You can DCA for 20-30 years if you got the time... buy-and-hold does not necessary means a one-time lump sum investment... buy-and-hold because the DCA method is regular purchases - it would be finicky if we sell but yet at the same time we are doing regular purchases.

If you have already retired and enter with a large amount of money, do a full portfolio of bonds and income funds for a steady stream of 'pay-out' distributions.

If you don't have the time because you started late (maybe in your forties or fifties), then do a portfolio with a combination of income and growth funds. How much growth funds to have, it is up to each individual... and where's the troubles and headache begins... to take the risk and chase growth performance or not ???
The basics are simple and only a handful of things to keep in mind... actually it is the basics that I try to emphasize in this thread... only handful of concepts to pick up, most of the posts and articles are repeats saying the same thing over and over! 

I think what is more important to any person is personal money management, though it would be easier to sell using greed, and showing fast, easy returns to entice the customer.

changing agent is a headache cause as I knew from Public Mutual Officer, we need to write an office letter stated the reason we want to change agent with our own signature and preferably with signature of old and new agents also.......

Well, you can change agent, or you can leave Pub Mut and go DIY on cheaper platforms. We have already show you how to transfer for free and all

What are you waiting for?

I had done this. don't forget account number and fund name. 1 letter for each old agents. I got two.