Another common misunderstanding is that UTCs are often mistaken to be financial advisers/planners. Financial advisers/planners in the unit trust industry are certified and licensed professional, like those people who called themselves accountants or lawyers.

No doubt UTCs are also certified (by FIMM) and licensed (by the fund company to sale the company’s UTs), they are not same as a CFP (registered with FPAM). (To know more about FPAM: http://fpam.org.my/fpam/ )

If you think you are not up to the challenge of being a DIY investor, 2 things you can do:
a) Quit, and withdraw from investing into UT.
b) Meet a CFP and have your money managed by him/her.

(Sorry, can’t write much about CFP, as I don’t have any personal hands-on experience with them. But AFAIK, there are also packaged portfolios that are actively managed offered by some fund companies – see this link for more info: https://www.kenangainvestors.com.my/KIB/KIB...IsAMPPlus2.aspx  )

Or you can plod on and learn along the way, by trial and error, sometimes getting it right, and sometimes getting wrong – just like moi!

Cheers. Keep plodding on!

Thanks!
Any reliable Licensed Financial Planner (LFP) you can recommend?

Ounlic mutual still that good meh?

I watch lipper rating...those smaller fund co like eastspring, kenanga, cimb principle, rhb-osk generally are better perfprmance than public mutual...

Im kust guessing all those performers probably poach/headhunt those great fund kanager frm public mutual

Dear Sifus, I got a friend said that investing in Public Mutual (PM) is a bad choice because of its 5% service charge. The service charge is rather high. I do not really understand because the reason I go into PM is because I do not know how to manage my own investment portfolio and I need someone to do that for me. My friend said that the return don't even high enough to cover the service charges. Need some guide here... please...

Are you being sarcastic? or metaphor? I don't really get what you mean.

U did not search hard enough and/or ASK QUESTIONS (hey, their customer service staff and telephone number is there for a purpose!).

Fundsupermart
eUnit Trust
CIMB Clicks eInvest

All 3 offers sales charges of 0-2.5% (depending on what type of funds).

Erm.. What you mean by hand-holding?
Like PM, my UTC did nothing la. Just help me to fill up the initial investment form. After that I did DDI online via PMO.
That's all... Every month 5% goes to UTC. Feel kinda waste la...

Thank you for the information.

Seeking advice.
Plan to withdraw my EPF money and park temporary in Bond funds.
Any suggestion on which funds I should park it? Time frame is about 2 to 3 months.
TQ.

TQ ... maybe I did not explain my plan.
Plan is to withdraw and park in Bond fund temporarily and and then switching to equity within next 2 to 3 months collecting equity funds when market down.
Not keeping in Bonds for long terms.

So which Bond fund would be good as temporary parking (2 to 3 months) without much volatility.

Thank you.

i  bought  at launching 0.25, long ago. it went  up soon after , wanna sell at ? 0.32 cant remember, but my agent told me not to sell.
so i kept so long till it gone far below my cost. At 0.18 ,i started topping up but it kept dropping till rm0.16, i gave up buying.
my sell record for this PCSF
10.6.14 0.1788
18.6.14 0.1801
4.7.14 0.184
4.11.14 0.1925
13.2.15 0.2186
25.6.15 0.2552.

i think i lost quite abit on this PCSF.
So i wanna clear it and go for FSM

all sifu..... i need a clarification...i want to invest in public smallcap dfund but my unit trust consultant say it is closed because all the units fully sold.... how can i know if a fund is already closed? i cant find the information from pb mutual website....anyone here have any link for me to check myself? by the way, I am investing via cash...i know EPF suspended the fund already

Pink Spider  lai lai come here and explain about dividends for unit trust.

If I were you I will think twice about Public Mutual.

Twice because I think their Bond/MM funds are still worth the investment. Equities are no-no to me.
It's the funds from this company not performing. High service charges and low performing funds.

bro - on the distribution (it's called distribution, NOT dividend, for a reason), it doesn't matter

T231H is stating the obvious and this mis-assumption on UT distribution is common - it is literally of  no impact other than diluting units. Total total - one will still hold the have value on the VERY INSTANCE before and after

eg.
1:00pm NAV $1 / unit before distribution, held 1000 units,
value held = $1*1000 units = $1,000
VS
1:01pm $0.10 distribution per unit, thus i get $100 and reinvested at NAV $0.90, that's 111.111111111 (infini)
NAV become $0.90,
now i'm holding $0.90 *(1000 ori +111.11111infini) = $1,000 value STILL HELD

pardon my rounding/infi 1s

Of course if U insist that people should invest with the focus on distribution (no, there is no dividends per say given by UTs), then no harm/foul - that's your reality  Those who know the maths/logic will just silently smile 

bro - on the distribution (it's called distribution, NOT dividend, for a reason), it doesn't matter

T231H is stating the obvious and this mis-assumption on UT distribution is common - it is literally of  no impact other than diluting units. Total total - one will still hold the have value on the VERY INSTANCE before and after

eg.
1:00pm NAV $1 / unit before distribution, held 1000 units,
value held = $1*1000 units = $1,000
VS
1:01pm $0.10 distribution per unit, thus i get $100 and reinvested at NAV $0.90, that's 111.111111111 (infini)
NAV become $0.90,
now i'm holding $0.90 *(1000 ori +111.11111infini) = $1,000 value STILL HELD

pardon my rounding/infi 1s

Of course if U insist that people should invest with the focus on distribution (no, there is no dividends per say given by UTs), then no harm/foul - that's your reality  Those who know the maths/logic will just silently smile 

Wonder why PM still attract a lot of investor. Coz of their reputation or sweet talking agent