Yeah, I can go to PM branch to switch my balanced fund to something else too.

dzi921, why on earth you opened so many funds? You got time to monitor? Reaping short term profit? It's not easy to break even in short period.

Dzi921,

Actually you can download the softcopy from Public Mutual website. Go to Fund Product, Fund Review, you must register as online member, sign in then you can download all the financial reports of the funds as well as the quarterly review, and even monthly review.

You also can get your agent to provide you hardcopy of it.

Now I'm paying full attention on PFES and PAIF. Both are off-shore funds.

Because those are the only two equity funds I have in my hand. Others are REIT and bond funds.

Indeed. You can do what you want to do with your money. If you opt for UTs, you have to pay for the profesional fund management. If you want to get a financial planner, you need to pay more for each consultation. Financial plan need to be follow up closely.

Normally people that go for UTs or other actively managed investment products is those who are busy with their own life and not be able to do frequent monitoring. If you have time, you can trade stocks like a full time player.

athon11, if you follow my post you should see I already clarify that everyone have their own taste and choice and they have their right what to do with their money.

There are many scams around. Even the highly educated people like lawyers, doctors have fallen to these traps. We have heard about swiss fund, blackstone fund etc... People were investing millions in those and then found out the funds are non-existant. All the savings gone for that little greed..........

This is why we should only invest in SC approved funds.

Which investment house and branches? one month only replying? market already can go very far.
We should avoid doing business with inefficient people, it might mean lots of money in stake in financial market.

Pressure to cut unit trust upfront fees

PETALING JAYA: Pressure is mounting for unit trust upfront sales charges to be reduced as new players emerge.

The matter was also brought up by the Employees Provident Fund (EPF). In recent talks with the Federation of Malaysian Unit Trust Managers (FMUTM) and its members, EPF asked them to consider lowering the charges to facilitate investment in unit trusts.

Industry observers said with Tune Money and InterPacific Asset Management Sdn Bhd coming onstream, there was greater pressure to lower the upfront fees and this should bode well for the investing public.

It is also learnt that EPF, in the past two to three months, had proposed to FMUTM that the maximum sales charges for unit trust investment be capped at 3% as opposed to the average 5% to 6%.

Sources said FMUTM had appealed to the Finance Ministry, saying the EPF's proposed charges were too low and that the federation would consider lowering the charges gradually.

The dispute is expected to continue and the pressure is growing in every meeting between the EPF and the federation, according to an observer.

The latest player to join the unit trust league is InterPacific, which currently does not impose any upfront sales charges. Tune Money, meanwhile, plans to launch funds online with zero or minimal sales charges.

With the entrance of these players, competition is getting intense and fund houses will need to review their charges to ensure they are able to sustain the public's interest in investing with them, according to an industry observer.

By not imposing any upfront fees, a unit trust management company can fully invest their clients' money in the funds, they added.

Sources said many fund houses were not very keen on the EPF proposal to reduce the charges as it would affect their distributors' income, leading to lower sales volumes. At present, many of them sell funds via agents and banks (as third-party distributors).

It is estimated that 60% to 70% of unit trust management companies sell funds through agents and banks. As of May 31, there were 39 unit trust management companies with a total 462 approved funds.

An observer, however, said while the industry trends might lead to a gradual lowering of upfront fund charges, distributors could still succeed by growing their assets under management over the long term.

They could do this by being more productive and further elevating their capability to ensure long-term retention of customers, he added.

URL: http://biz.thestar.com.my/news/story.asp?f...52&sec=business

Don't miss the OSK-UOB Asian Real Estate Fund

For more info, visit:
http://www.maybank2u.com.my/highlights/oskuob/index.shtml

I have bought PM PFEPRF.

Public Far-East Properties & Resorts Fund. Launched last month!

My friend, how many times I have to repeat this?

PFES
PAIF
PFEPRF
PSBF

All from PM.

Nothing impressive. You might want to follow my portfolio. It may not suit your taste.

Yes, some investors need agent to explain everything about unit trust investment to them, and also monitor the fund for them...

Another good thing is, you can get agents who always keep track of the share market, thus he/she can recommend when to switch your fund.

I always keep reminding my agent to be more responsive.

Today my friend introduce me Public Mutual funds, she is an agent, but only 2 weeks plus experience in this industry.
My problems:
1. I plan to invest in Public Mutual funds, but I don't have any experiences, what should i do? (since my friend (the agent) and me both new in this industry)
2. She introduce me 3 types of funds, which are
(a) Public China Select FUnd (PCSF)
(b) Public Islamic Asia Balanced Fund(PIABF)
(C) Public Islamic Dividend Fund (PIDF)
which one should i choose?