who here investing in the new fund the just offer?
Public e-income fund

https://www.publicmutual.com.my/Menu/Campai...c-e-Income-Fund

then do full redemption - willit be cheaper than switching?
then again use EPF to reinvest on the fund u wanted
does it work that way?

i am very sure if u decide to swtich it will swtich for 3 months or more
anyway i am still very new so dare not comment much

i want to share my unit trust experience, not public bank but with CIMB which i think everyone should know and be aware
i start put into unit trust at 2015 and i waiting exactly 5 years or more to provide this review

my conclusion is unit trust is only fund manager make money (short version)

ok here comes the long version
so 5 years ago May 2015 i go meet up with an agent and open account, sign some form, do some thumb print and only invested RM10,000 from my EPF.

I buy into Fund Principal Titans Growth & Income Fund (one of the hot hot fund that time)


Now after 5 years my hard earn RM10,000 only got a total of 13.50% profit

Then i ask myself why only 13.50% of profit since every year annual report show earn money most of the time except for 1 of the year where it is -10%
Below chart show from May when i buy in till now in July



If 5 years ago i did not make such decision to put money into unit trust, you know how much the RM10,000 will become?
The answer is RM13457.39 which is a 34% profit instead of now 13.5% profit



So i further investigate and dig deeper with FSM tool and the tool say i should earn around 16.5% so where the 3% go to?


Here is the answer, last time 5 years ago invest with EPF they will charge sales fee of around 3% so 16.5% - 3% become 13.5%
Again all this is just estimate

My conclusion is we take our money to let fund manager earn more money than we do
only invest in UT if u have a good and reliable agent who can help u to manage

I thought fsm is 0.5% cash scheme?
I know epf is zero

I think UT still need to monitor and take profit or enter at the right time. If want fix income buy fix income fund lo
Buy bond lo
I also not sure is it a right choice to buy into e income fund offer by public bank recently
Want to give it a try a dump some money inside for 3 to 5 years see how
Now FD really sucks

-----
just spoken to a PBM consultant ask him about both the new e-income fund what is the projection?
so his respond is not sure as it is new fund we cannot be sure <-- he is correct
i ask him possible to gain 4%?
so his respond is that is a little too high, maybe a 2% to 3% but nothing is confirm <-- he is again not wrong

I think he talk that way is because this is e-income meaning to buy through online and maybe he wont earn my commission since the sales charges for this is ZERO
but his attitude damn beh tahan lo, financial consultant - puih!!!

so i decided to invest some of my mature FD in this fund and give it a 5 year period and see how
will review this after 5 years

btw i am a very conservative investor, i only like FD, BOND and some UT as i am very old, half leg inside coffin




This post has been edited by majorarmstrong: Jul 16 2020, 05:05 PM

even redemption also zero. Do you think they will revise sales charges and redemption charges after 1 to 2 years?

it is BF which means Bond / Fix Income
MM = Money Market
Money Market return very low

take a look at the bond/fix income performance
so that stupid consultant tell me 2% to 3% saja really lie to me le
but again he might be right as there is no guarantee return
again he should not say 2% to 3% ma.. really low le

answer here

i hope for 5% next year enough lo dont care how they package it
janji ada profit

then buy bond lo
i have P Bond

i thought is 0.5% for fundsupermart?

i baru sign up but i dont know how to see which one got processing or which one dont have inside this FSM
let me go over that side to ask

hi all - who here got e-income fund?
NAV 1 day can go up to 0.0001?
so fast the NAV can go up?
what more surprising is fund size is empty hahaha
i totally dont get it


This post has been edited by majorarmstrong: Jul 22 2020, 11:49 PM

fund size kosong lagi
ada orang invest ka?
maybe less than 1 million that is why kosong

I never before bought into a newly launch fund
This is a first time

i no longer believe in equity be it by Public Bank or CIMB Principal
so i just invest in Bond / FI
i do have Samy, Wahed and Raiz which has some elements of equity but the amount is small
at least this 3 is at my hand that i can see on a daily basis

This post has been edited by majorarmstrong: Jul 24 2020, 04:05 PM

selamat malam semua
i check my income fund still not much movement
still all empty

when you can withdraw that time gonna be really nice
100k and over nice
you take everything out from EPF to put into investment?