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 Public Mutual Funds, version 0.0

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thecurious
post Jan 5 2021, 02:00 PM

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QUOTE(GrumpyNooby @ Jan 5 2021, 01:55 PM)
Public Mutual launches US Eagle Fund

KUALA LUMPUR: Public Mutual launched a new fund – PB US Eagle Fund (PBUSEF) – on Tuesday which focuses its investments in the US market.

It said in a statement PBUSEF is the first foreign equity fund under the PB series of funds and it targets long-term capital growth by investing 75% to 98% of its net asset value (NAV) in equities.

The equities will comprise blue chip stocks, index stocks and growth stocks primarily in the US market, with the balance invested in fixed income securities and liquid assets.

The initial issue price for PBUSEF is 25 sen per unit during the 21-day initial offer period from Tuesday to Jan 25.

The minimum initial investment amount is RM1,000 while the minimum additional investment amount is RM100.

https://www.thestar.com.my/business/busines...s-us-eagle-fund
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When I saw this in the news I knew grumpy would be updating this hahaha...thanks for the updates grumpy
thecurious
post Mar 4 2021, 08:16 PM

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QUOTE(wishmegood @ Mar 4 2021, 08:05 PM)
Hi, if I want to switch some credit from
PB INFRASTRUCTURE BOND to a new fund "PeCEF", will I be charged?
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What does this sentence even mean? switch some credit?
thecurious
post Mar 4 2021, 08:29 PM

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QUOTE(wishmegood @ Mar 4 2021, 08:21 PM)
I meant withdraw some credits from the Bond, and use it to purchase a new fund?
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you mean sell part of your unit holdings and purchase a different fund?
Check the fund page for redemption fees.

If you mean switching fees, check the fund page or open the prospectus to check if there are any charges.

Different funds would have different charges.
thecurious
post Mar 5 2021, 06:43 PM

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QUOTE(wishmegood @ Mar 5 2021, 05:48 PM)
i got no idea also laugh.gif

no idea about the concept of "loaded or low loaded unit"...

the bond has been purchased more than 2 years now.

this can be done by myself without being charged by an agent? biggrin.gif
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If you have PMO account you should be able to do the switching yourself.
thecurious
post Nov 12 2021, 02:03 PM

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QUOTE(frankzane @ Nov 12 2021, 01:29 PM)
Hi all,

Seems to be not able to find answers via Google but why most initial investment must be made in 1k?
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No idea but if were to venture a guess...its because of costs.
PMF SC is 5%, RM 1k initial investment gets RM 50 sales charge.
If someone start an account with only RM 10, sales charge rm 0.50 , its pretty much a waste of resources to attend to that.

 

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