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This post has been edited by howszat: Sep 6 2016, 08:56 PM

The ethics of what the agents are doing is questionable.

Since Public Bank is the owner, the question applies to them too.

Having said that, at the end of the day, "buyers beware" applies.

Can you still use a non-Public Bank account? I thought they restricted repurchase payments only to PB accounts, even for Mutual Gold members.

This post has been edited by howszat: Sep 6 2016, 08:59 PM

What to do? A lot depends on your investment time-frame.

If you have just started working and investing, continue to do regular investing and don't worry about the ups-and-downs so much.

If you are nearing retirement, you probably need to be more defensive in your portfolio.

Trump has F--- things up for the world economy. Tariffs are a lose-lose solution for everyone including Trump's voters. Things will be volatile while he is still in charge. I hope Americans are sensible enough to kick him out the next election.

And I agree.

The fund mandate is too inflexible, and fund value has not gone up since 2013.

Terrible fund. Yes, dump.

I think it is very unlikely it will go up in the next few years, and it is most likely that it will not go up more than EPF.

If you look at the performance chart, it is now at the same profit level since 2013. In other words, no profit since 2013. With EPF, you would got 6years x6% = 36% since then. You would have done better with even FD. To be fair, the mandate is too narrow.

PM funds are under-performing with over-priced service charge so they can pay the agents to go and con persuade un-suspecting investors.

A cut-loss decision should not be based on how much you have already lost, but on future potential. If no potential, your loss would be even higher because you need to also consider opportunity costs.

That's only my opinion, of course. What you actually do with your money, you have to decide.

It's nothing to do with "excellent" management.

Almost every global shares/indexes have gone up in the past 12 months. Many of them achieving 30% or more. MSFT achieved 80% or thereabouts.

What PM has achieved can best described as mediocre (well below average, under-perform)

Are you an agent?

To access the annual report, you now need an Access Code? What Access Code?

https://www.publicmutual.com.my/Menu/About-...ds/Funds-Report